Price change of Isopentane in recent year

Isopentane Market: Overview
Isopentane, also known as 2-Methyl Butane, name in Chinese 异戊烷, is a clear liquid that is highly flammable at room temperature. It is utilized as a foam blowing agent in the production of polystyrene, PU foams, etc. Various industrial grade isopentane are available in the market for specific applications. For instance, Isopentane, 40% is used for cleaning process in electronics, as it is highly volatile as well as has low content of impurities such as benzene, sulfur, total aromatics, and olefins.
Rise in Demand for Isopentane Foam Blowing Agent to Drive Market
The usage of Isopentane as foam blowing agent in expandable polystyrene foams is a major factor driving the global isopentane market. Blended form of isopentane is employed for this application, as it provides superior stability as well as ease in processing of foam. Expandable polystyrene (EPS) is used in a wide range of applications in end-use industries. This is projected to drive the isopentane market. EPS has applications in packaging, construction, and specialty foam manufacturing areas; of this, construction and packaging segments account for major share of the global market. Ban of CFCs and phase out plan for HCFCs has also increased the adoption of isopentane among end-users. Currently, most countries across the globe have initiated phase 2 of the phase out management plan for the HCFC, wherein countries have to decrease their dependence on HCFCs that are used in foam manufacturing and refrigeration systems in order to lower greenhouse gas (GHG) emissions. Under phase 2 management plan, countries are projected to stop manufacturing HCFCs and minimize internal consumption of HCFCs. Governments across the globe have already started promoting alternative non-HCFC foam blowing agents. They have also initiated the enactment of regulatory framework for setting up of standard codes for use of these non-HCFCs in foam manufacturing.
Growth of the isopentane market is expected to remain below par owing to the availability of alternative compounds. High risk involved in handling of isopentane is also likely to negatively affect the market in the near future. However, the global isopentane market is estimated to expand in line with the global GDP rate with increasing adoption of isopentane in end-use industries, particularly among expandable polystyrene (EPS) manufacturers.
Pure Form Segment to Offer Lucrative Opportunities
Based on form, the global isopentane market can be segmented into pure form (99%), isopentane 95%, and blended isopentane
The pure form segment is expected to dominate the global isopentane market during the forecast period. It is the fastest-growing form segment of the global isopentane market. Isopentane is primarily employed as a foam blowing agent in packaging and construction industries.
EPS Blowing Agent Application Segment to Hold Major Share of Market
Based on application, the global isopentane market can be divided into EPS blowing agent, electronic cleaning, chemical solvent, aerosol propellant, and others
The EPS blowing agent segment is anticipated to dominate the global isopentane market during the forecast period. It is the second-fastest growing application segment of the global isopentane market.
Isopentane (purity >99, water ＜ 20ppm, sulfur ＜ 1ppm, acid value ＜ 2ppm) by Dongying Liangxin Petrochemical Technology Development Limited Company has a stable price, with a quotation of 11,700 yuan / ton, EXW Dongying Cina, which is mainly used in polyethylene units and LNG field. The following is the price change of isopentane since July 13, 2021.