Global cyclopentane market, 2024-2030

Cyclopentane is a highly combustible alicyclic hydrocarbon. It is also known with CAS number 287-92-3 having chemical formula C5H10. Cyclopentane is widely used in manufactured rubber, rubber adhesives, and resins. Cyclopentane is used as a blowing agent for the polyurethane foams that are used to insulate refrigerators and freezers. Cyclopentane used for the insulating refrigerators which does not contains hydro-fluorocarbons (HFCs) like other chemicals. It helps to reduce the CO2 emission environment.

It consists of a ring of five carbon atoms each bonded with two hydrogen atoms surrounding the plane. It has no color, occurs in liquid and has petrol like odor. It is environmentally friendly chemical which having a global warming potential (GWP) around 10 for the foam-blowing agent cyclopentane. It can be used as a replacement against CFC-11 and HCFC-141b environmental polluting agent.it is cost effective to prepare the insulting foam as compared to other.

The global cyclopentane market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global cyclopentane market is growing at a fast pace and increasing its geographical footprint rapidly. The global cyclopentane market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

The growth is comparatively higher in Asia Pacific region due to use of environmentally friendly chemical increases. The major growth driver for global cyclopentane market globally is the rapid expansion of use of environment friendly and cost-effective chemicals.

Cyclopentane enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. These regions serve large number of manufacturers and are hence responsible for the growth of cyclopentanemarket globally. The companies that lead global cyclopentane market are Chevron Phillips Chemical Company LLC, INEOS Group Ltd,SINTECO S.R.L,EQX Material, OCI Co.Ltd, HCS Group GmbH, and so on

Research Methodology

The research process includes the market segmentation of the global cyclopentane market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global cyclopentane market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (40%), Asia (35%), Europe (25%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global cyclopentane industry dynamics
• Estimation of the present global cyclopentane market size in terms of value and volume
• Global cyclopentane market breakup based on type and application
• Substantiated global cyclopentane market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global cyclopentane industry value chain