India n-Pentane Market Report and Forecast 2024-2032

India n-Pentane Market Outlook

The n-pentane market in India is expected to grow at a CAGR of 4.6% between 2024 and 2032. The growth of the India n-pentane market is driven by its useful chemical properties, increase in consumption of pentane, and low cost of pentane.

News and Development in the Market

• In June 2023, a new method was developed for rapid synthesis of N-fused heterocycles via acyl-transfer in heteroaryl ketones. The use of this protocol is used on complex natural products and drug derivatives to produce N-fused heterocycles that are functionable.

• In April 2023, Mitsubishi Gas Chemical Company, Inc., a significant player in the India n-pentane market, announced the completion of expansion of its production capacity in Thailand. The MGC Electrotechno (Thailand) Co., Ltd. brand is a part of Mitsubishi Gas Chemical Company. The expansion in production capacity increases the manufacture of high performance products as well as supports local regional markets.

• In February 2023, extensive field sampling was conducted in the foothill regions of the Assam-Arakan Basin in India to study the active micro seepages of methane. The analysis found hydrocarbon gases with a geochemical composition indicating the presence of biogenic as well as thermogenic origins. There were higher volumes of n-pentane recorded, showing a clear correlation with the presence of gaseous hydrocarbons.

• In December 2021, modelling of nitrogen solubility in normal alkanes using machine learning methods was compared with cubic and PC-SAFT equations of state. Accurate prediction of solubility of gases in hydrocarbons is considered crucial in chemical reaction processes and in many other applications. Results in the end confirmed that pressure had the greatest influence on nitrogen solubility in normal alkanes and that the nitrogen solubility increased with molecular weight of normal alkanes.

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Key Trends in the Market

A pentane is a straight chain alkane consisting of five carbon atoms. It is represented by the C₅H₁₂ formula. The n in n-pentane represents the isomers of the compound. It appears to be a colourless liquid but has a petroleum-like odour. N-pentane is a flammable liquid usually used as a solvent in various laboratories, in the process of chromatography, as a blowing agent for insulation materials, and as an ingredient in industries.

N-pentane is a non-polar solvent which means it contains bond between atoms with similar electronegativity hence no partial charge is available. N-pentane is dissolved only in non-polar and alkyl rich compounds. Its usage in specialised conditions is  supporting the growth of the India n-pentane market.

Increase in demand of n-pentane in the chemical industries and electronics market will help in the upsurge of the market. Moreover, n-pentane is also expecting to witness a significant demand from use in compounds such as polyester polyol, polyethylene, polystyrene, etc.

Water can be used in place of some solvents because of the high cost of these solvents thus making the material cost for the whole process less expensive. N-pentane has high toxicity with flammable properties and also low odour which are some of the inherent advantages of aqueous cleaning solutions. These factors are likely to hamper the growth of the India n-pentane market.

N-pentane needs to be handled very carefully and only workers skilled in handling the chemical are typically hired for industries using n-pentane. These factors are likely to challenge the India n-pentane market growth. Also, strict rules and regulations from the authorities are imposed for the use of pentane.

Market Analysis

Based on type the India n-pentane market is divided into n-pentane 95% purity and more and pentane blends (80/20, 60/40, 50/50). Dividing on the basis of grade the market is segmented into EPS grade, PU grade, pharma and lab grade, and others. Based on application the market is divided into blowing agent, electronic cleaning, chemical solvent, polymerisation, refrigerant and others. By region, market is divided into North India, South India, East India, and West India.

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The comprehensive EMR report provides an in-depth assessment of the market based on Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India n-pentane market, covering their competitive landscape and latest developments:

• Datta Hydro Chem (p) Ltd.

• Dongying Liangxin Petrochemical Technology Development Limited Company

• Royal Dutch Shell Plc.

• Liaoning Yufeng Chemical Co Ltd.

• JS Kem Pte Ltd.

• Mitsubishi Gas Chemical Company, Inc.

• Others

Market Share by Grade

EPS or Expanded Polystyrene has a large share in the India n-pentane market. It is generally used for applications such as packing and insulation. It is non-toxic and inert, and made without chlorofluorocarbons. It also has less impact on the environment as compared to other competitive materials and is also resistant to photolysis.

There is also a high demand for Polyurethane (PU) because it is rigid and flexible, has economical manufacturing processes and many other properties. It is mainly used as an important base component for building materials, sporting goods, and traffic management services which are helping in the growth of the market.

Lab grade chemicals are economical and have good chemical purity which is why they are widely used in the education sector. Due to incomplete knowledge and the level of impurities, they are not suited for applications in food and beverage, and pharmaceutical industries.

Any reagent approved or for which the chemical purity standard has been established by Food and Drug Administration and is approved for use by animals or humans comes under the pharmaceutical grade. Thus, all these contribute in the overall growth of the market in various industries.

Market Share by Type

N-pentane 95% and more is a high purity hydrocarbon used for cleaning and lab work. It is also used as a blowing agent, a refrigerant, a lubricant formulation and as a personal care product. Pentane blends is a mixture of n-pentane and iso-pentane with varying percentages of n-pentane and iso-pentane. For example, pentane 80/20 represent a blend of 80% n-pentane and 20% iso-pentane. They are widely used in geothermal power stations for production of various foams.

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Competitive Landscape

Datta Hydro Chem (P) Ltd. was established in 1999 located in Maharashtra, manufacturing petro-chemical solvents including pentane and hexane. This company belongs to Mavdikar Group that has nearly three decades of experience in petrochemicals transportation and has recently expanded to the field of developing petrochemical speciality solvents. Datta Hydro Chem Pvt. Ltd. (DHCPL) is situated in a fully developed chemical zone, and has a strong position in the India n-pentane market.

Royal Dutch Shell Plc. was founded in 1907 and is incorporated from the United Kingdom but has headquarters in Netherlands. It is very active in the oil and gas industry, including applications in exploration and production, petrochemicals, refining, distribution and marketing, power generation and trading. They are known as a leading supplier of n-pentane including pure normal and iso-pentane and blends of the two components.

Mitsubishi Gas Chemical Company, Inc. started in 1918 aims at working to balance economic and social value and maintain a sustainable society. They believe in creating products and services that are based on chemical engineering. They develop environment-friendly materials as well as products that are resource saving and contribute to environment protection.

Other key players in the India n-pentane market include Dongying Liangxin Petrochemical Technology Development Limited Company, Liaoning Yufeng Chemical Co Ltd., JS Kem Pte Ltd. and others.

Key Highlights of the Report