Europe Pentane Market


Posted December 12, 2020 by lembort

Manufacturing of polyurethane & polystyrene foam which are used in electronic devices to cool electrical parts, pentane is commonly used as a blowing agent.

 
Product Overview
Manufacturing of polyurethane & polystyrene foam which are used in electronic devices to cool electrical parts, pentane is commonly used as a blowing agent. It is often used to tidy electrical parts and machinery employed for mobile devices, vehicles and aerospace & defense. Due to its low boiling point relative to other alternatives, Geothermal Power Plants use pentane in binary cycle systems. Attributing to its usefulness as a natural solvent there was an increase in industrial applications such as the medical, petrochemical and paints and pentane coatings. As compared to other alkenes, it provides relatively clean extracts. It is also available in comparison with other chemical compounds at a low cost. The boiling point is weak. These advantages enhance pentane adoption across Europe in varied uses.
Market Highlights
Europe Pentane Market is expected to reach USD XXXX million in 2030 from USD XXXX million in 2019, growing at a CAGR of XX% during the forecast period. The major factors driving the growth of the market are discussed below. Europe's pentane markets are dominated by numerous end-user applications and demands, such as automotive, aeronautical & security, electrical, petrochemical and pharmaceutical. The low cost, higher boiling levels and associated advantages of the compound stimulate the development of Europe's pentane market. Furthermore, the growing use of pentane in mixing and developing fuel is projected to offer these industries with considerable potential for pentane manufacture as a blowing agent for polyurethane and polystyrene foam. However, increased electrical component & equipment output and sales are anticipated to increase the need for pentane in all Europe, as pentane is used as a solvent for electronic cleaning, thanks to growing demand from the aerospace & defense and automotive & consumer electronics industries. Furthermore, rising disposable incomes and the livelihoods of people in Europe raises the demand for air conditioners and coolers. As pentane and its derivatives are used as cooling agents, it increases pentane use in Europe. The European pentane market share is expected to increase in the global pentane industry. Strict policy restrictions on the use of pentane are, however, expected to hamper Europe's pentane demand development because it is very volatile and harmful for human health and the environment.
ource: Fatpos Global
Sample Request: https://www.fatposglobal.com/reports/europe-pentane-market/242
Europe Pentane Market: Market Dynamics
Driver:
Pentane is a substitute fuel
The total installed cumulative PV capacity at the end of 2018 amounted to approximately 512 GW, of which approximately 180 GW were utility plants. This was a 27% increase from 2017. Additionally, the capacities, solar photovoltaic generation increased by 31% in 2018 and constituted marginally ahead of wind and hydropower the bigger combined growth generation (+136TWh) of all renewable energy sources. Thus, inducing the demand of the pentane market.
Restraint:
Increasing demand for electric vehicles
The transition to electric vehicles is likely to hinder the growth of the pentane market during the projected timeframe. In 2017, the government of France declared a full ban on diesel and petrol-powered vehicles and a transition to electric vehicles by 2040 to meet its zero-emission targets under the 'Paris Climate Agreement'.
Europe Pentane Market: Region
The Europe Pentane Market is segmented based on regional analysis into six major regions. UK, Germany, France, Spain, Italy and the Rest of Europe. Geographically, Germany is expected to dominate the market in Europe over the forecast period, owing to supportive government policies and increasing demand from significant end-users which have a major contribution to the GDP.

Source: Fatpos Global
Europe Pentane Market is further segmented by region into:
 UK Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
 Germany Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
 France Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
 Spain Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
 Italy Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
 Rest of Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR
Key Players
 Exxon Mobil Corporation
o Company overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
• Recent Development
• Regional Presence
• SWOT Analysis
 HCS Group
 INEOS Group Holdings S.A.
 Phillips 66
 Chevron Corporation
 Avatar
 ISOLAB Laborgerte GmbH
 Air Liquide S.A.
 Royal Dutch Shell Plc
 Molgroup
Europe Pentane Market Report also contains an analysis on:
 Europe Pentane Market by segment:
 By Type
 By Application
 Blowing Agent
 Chemical Solvent
 Electronic Cleansing
 Aerosol Propellant
 By Region
 Rest of Europe
 Europe Pentane Market Size
 Europe Pentane Market Dynamics
 Supply and Demand
 Current Issues/trends/challenges
 Competition and Companies Involved in the Market
About Fatpos Global
Fatpos Global is a leading management consulting, advisory, and market research organization that serves its clients globally by its team of experts and industry veterans that have years of expertise for management consulting, advisory, and market research analysis. The organization functions across business consulting, strategy consulting, and market research, operations consulting, financial advisory, human resources, risk & compliance, environmental consulting, software consulting, and sales consulting amongst others, and aims to aid businesses with bold decisions that help them embrace change for their sustainable growth.
Contact Us:
https://www.fatposglobal.com/
Address: 59/A Saket, Hardiwar Road
Dehra Dun. 248001
Daniel Whitman
Phone: 6396411202
Email: [email protected]
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Business Address Address: 59/A Saket, Hardiwar Road Dehra Dun. 248001 Daniel Whitman Phone: 6396411202
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Last Updated December 12, 2020