The global pentane plus market size reached USD 143.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 420.9 Million by 2033, exhibiting a growth rate (CAGR) of 12.06% during 2025-2033. The growing demand for transportation fuel, the implementation of favorable government policies, and the expanding product utilization as a refrigerant represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 143.6 Million |
Market Forecast in 2033 | USD 420.9 Million |
Market Growth Rate (2025-2033) | 12.06% |
Pentane plus (C5H12) refers to a mixture of unsaturated hydrocarbons that are heavier than pentane obtained through refining crude oil or natural gas processing. It consists of five carbon atoms linked together in a single bond. Pentane is a clear, highly volatile liquid with a strong gasoline-like odor. It has a low boiling point and excellent heat transfer properties, making it a suitable refrigerant for commercial and industrial cooling systems. Apart from this, pentane plus is used in several industrial applications, including as a feedstock in the production of chemicals and solvents and as an aerosol propellant for various consumer products, such as hairspray, spray paints, and insecticides.
The rising product utilization in gasoline and ethanol blending processes to increase its octane rating and improve the fuel efficiency of internal combustion engines (ICEs) is primarily driving the global pentane plus market growth. In line with this, rapid industrialization and urbanization, significant growth in transport infrastructure, and the implementation of stringent government regulations on carbon emissions from vehicles have prompted the adoption of pentane plus as an alternative fuel source, which, in turn, is aiding in market expansion. Moreover, the increasing utilization of pentane plus as a refrigerant in freezers, coolers, precoolers, refrigerators, and air conditioning systems used across the food and beverage (F&B), residential, and commercial sectors due to its low toxicity is creating a favorable outlook for the market. In addition to this, the widespread use of pentane plus across the flourishing chemical manufacturing sector as a solvent and feedstock for various chemical processes is contributing to the market growth. Furthermore, extensive research and development (R&D) initiatives and technological advancements in the production of pentane plus to improve the efficacy and cost-effectiveness of the product are presenting remunerative growth opportunities for the market. Other factors, such as the exponentially growing demand for gasoline, the increasing oil and gas exploration and production (E&P) activities, and the emerging application of pentane plus in manufacturing rubber, plastic, and solar panels, are impelling the market growth.
IMARC Group provides an analysis of the key trends in each segment of the global pentane plus market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on type and application.
Type Insights:
The report has provided a detailed breakup and analysis of the pentane plus market based on the type. This includes N-pentane, isopentane, and neopentane. According to the report, N-pentane represented the largest segment.
Application Insights:
A detailed breakup and analysis of the pentane plus market based on the application have also been provided in the report. This includes transportation fuel, chemical solvents, chemical additives, and others. According to the report, transportation fuel accounted for the largest market share.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for pentane plus. Some of the factors driving the North America pentane plus market included the rising demand for gasoline as motor fuels, expanding product utilization as a refrigerant in the food and beverage (F&B) sector, and the bolstering growth of the chemical manufacturing sector.
The report has also provided a comprehensive analysis of the competitive landscape in the global pentane plus market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Aeropres Corporation, Central Drug House, Choice Organochem LLP, Datta Hydro-chem Private Limited, Exxon Mobil Chemical Company, HCS Group Gmbh, Jun Yuan Petroleum Group, LG Chem Ltd, Phillips 66 Company, Shell plc, SynQuest Laboratories, and Tradeasia International Inc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Types Covered | N-Pentane, Isopentane, Neopentane |
Applications Covered | Transportation Fuel, Chemical Solvent, Chemical Additives, Others |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Aeropres Corporation, Central Drug House, Choice Organochem LLP, Datta Hydro-chem Private Limited, Exxon Mobil Chemical Company, HCS Group Gmbh, Jun Yuan Petroleum Group, LG Chem Ltd, Phillips 66 Company, Shell plc, SynQuest Laboratories, and Tradeasia International Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global pentane plus market was valued at USD 143.6 Million in 2024.
We expect the global pentane plus market to exhibit a CAGR of 12.06% during 2025-2033.
The rising utilization of pentane plus as a refrigerant in freezers, coolers, precoolers, refrigerators, and air conditioning systems across the residential and commercial sectors, owing to its low toxicity, is primarily driving the global pentane plus market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for pentane plus.
Based on the type, the global pentane plus market has been segmented into N-pentane, isopentane, and neopentane. Among these, N-pentane currently holds the majority of the total market share.
Based on the application, the global pentane plus market can be divided into transportation fuel, chemical solvent, chemical additives, and others. Currently, transportation fuel exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global pentane plus market include Aeropres Corporation, Central Drug House, Choice Organochem LLP, Datta Hydro-chem Private Limited, Exxon Mobil Chemical Company, HCS Group Gmbh, Jun Yuan Petroleum Group, LG Chem Ltd, Phillips 66 Company, Shell plc, SynQuest Laboratories, and Tradeasia International Inc.