Cyclopentane Market By Product (Solvents & Reagents, Foam-blowing Agents) Application (Commercial Refrigerators, Analytical & Scientific Application, Residential Refrigerators, Insulating Construction Materials, Others) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Cyclopentane Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Cyclopentane is an extremely combustible hydrocarbon utilized to fabricate manufactured rubber, rubber adhesives, and resins. It is additionally used as a blowing specialist for polyurethane foam, which is additionally used to protect freezers and refrigerators. Cyclopentane has zero OPD and low GWP. Also, it has the lowest k-factor and high dimensional stability because of its bulkiness. It gives superb protection and grip to liners or boards. Polyurethane froth producers are significant customers of cyclopentane as a froth blowing specialist.
Drivers and Restraints
The cyclopentane market is driven by technological advancements, financial improvement, and ascends in concerns about protection of the environment. These variables have expanded the attention on energy-efficient machines. Cyclopentane is roughly 4% more proficient than R134a foam. Different makers in Europe and North America have retrofitted their generation plants with the cyclopentane innovation.
Europe rules the worldwide market, trailed by North America and Asia Pacific. Europe was a dominat consumer of cyclopentane in 2017.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Maruzen Petrochemical Co Ltd
Pure Chem Co. Ltd
Haldia Petrochemicals Limited
Chevron Phillips Chemical Company LLC
HCS Group GmbH
INEOS Group Ltd
Guangdong Dymatic Fine Chemical Co., Ltd
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?