Cyclopentane Market: Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Cyclopentane Market: By Function (Solvent & Reagent, Blowing Agent & Refrigerant and Others), By Application (Commercial Refrigerators, Electrical & Electronics, Fuel & Fuel Additives, Insulated Containers and Sippers, Insulating Construction Materials, Personal Care Products, Residential Refrigerators and Others) and Geography

 

 

 

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Report

Description

Cyclopentane Market size is valued at USD 284.8 million in 2021 and is expected to grow at a CAGR of 7.9% during the forecast period 2022 to 2028.  The global market provides a detailed overview of the Cyclopentane market, and that can be segmented by function and by application. Cyclopentane is a kind of highly flammable alicyclic hydrocarbon that is used in the production of synthetic rubber and resins and adhesives and also alters the phase of the cellular construction of polyurethane insulating foam utilized in commercial refrigerators. By function, the Cyclopentane market has been segmented into Solvent & Reagent, Blowing Agent & Refrigerant, and Others. The Blowing Agent segment is likely to be the largest and fastest-growing segment in terms of function. Based on Application, the Cyclopentane market is segmented into Commercial Refrigerators, Electrical & Electronics, Fuel & Fuel Additives, Insulated Containers and Sippers, Insulating Construction Materials, Personal Care Products, Residential Refrigerators, and Others. Among these, the commercial refrigerators segment is expected to have the fastest-growing market during the forecast period 2022-2028. The usage of cyclopentane in commercial freezers has given the market a new possibility. Cyclopentane is a foam-blowing agent usually used to insulate refrigerators and freezers. The commercial refrigerator industry is growing at a healthy rate around the globe, with the Asia Pacific dominating the way. The significance of commercial refrigerators is also rising as a result of altering climatic circumstances, which has caused in agricultural waste due to inadequate storage selections. According to studies, greater than a quarter of the harvest never comes to the market due to defective cooling. The rising populations require efficient delivery of food to evade famine, illness, and hunger. Commercial refrigeration systems have been more significant as a result, and governments worldwide are backing them to continue keeping food fresh and enhancing its shelf life. Moreover, because of its enhanced advantages over conventional foaming agents, cyclopentane is acquiring significant power as a foaming agent in the polyurethane foam business. Additionally, cyclopentane reduces emissions of greenhouse gas (GHG) during the insulation procedure of refrigerator production.

Key Developments:

In February 2021, HCS Group and Gevo contracted a tactical agreement in Germany to grow low-carbon renewable chemicals and Sustainable Aviation Fuel (SAF).

In June 1, 2020, SK Global Chemical acquired the high-performance polymer business of Arkema.

Cyclopentane Market

MARKET SUMMARY
-
7.9%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 7.9%
  • Largest Market– Asia pacific
  • Fastest Growing Market– Europe

Cyclopentane Market

  • The cyclopentane market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The cyclopentane market is segmented based on function, application and geography.
Key Players
  • Chevron Phillips Chemical Company
  • DYMATIC Chemicals
  • HCS Group
  • INEOS
  • Jilin Beihua Fine Chemical Co.Ltd.
Cyclopentane Market Drivers

The increasing government regulations on the usage of CFCs, HCFCs, and HFCs and increasing demand for better alternatives are anticipated to propel the market growth over the forecast years. Moreover, the rising number of ingenuities to phase out the usage of hydrochlorofluorocarbons is burgeoning the market growth over the forecast years.


Asia-Pacific Got Significant Share

Cyclopentane Market

Asia Pacific market is expected to witness the highest market share during the forecast period

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The Cyclopentane market provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The Cyclopentane market covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The Cyclopentane market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The Cyclopentane market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The Cyclopentane market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Cyclopentane Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The cyclopentane market is projected to expand at a CAGR of 6.3% during the forecast period

Chevron Phillips Chemical Company LLC, DYMATIC Chemicals Inc. , HCS Group, INEOS, Jilin Beihua Fine Chemical Co.Ltd., Liaoning Yufeng Chemical Co.Ltd., Maruzen Petrochemical, SK Global Chemical Co.Ltd., South Hampton Resources, YEOCHUN NCC Co.Ltd.

Asia-Pacific is the fastest-growing region for cyclopentane market


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Cyclopentane Market Introduction
    • Global Cyclopentane Market – Taxonomy
    • Global Cyclopentane Market –Definitions
      • Function
      • Application
  1. Global Cyclopentane Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Cyclopentane Market Dynamic Factors – Impact Analysis
    • Global Cyclopentane Market – Competition Landscape
  2. Global Cyclopentane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Cyclopentane Market, By Function, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Solvent & Reagent
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Blowing Agent & Refrigerant
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Cyclopentane Market, By Application, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Commercial Refrigerators
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrical & Electronics
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fuel & Fuel Additives
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Insulated Containers and Sippers
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Insulating Construction Materials
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Personal Care Products
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Residential Refrigerators
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Cyclopentane Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Cyclopentane Market – Opportunity Analysis Index, By Function, Application and Region, 2019 – 2025
  2. North America Cyclopentane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Function Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent & Reagent
      • Blowing Agent & Refrigerant
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Commercial Refrigerators
      • Electrical & Electronics
      • Fuel & Fuel Additives
      • Insulated Containers and Sippers
      • Insulating Construction Materials
      • Personal Care Products
      • Residential Refrigerators
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Cyclopentane Market – Opportunity Analysis Index, By Function, Application and Country, 2019 – 2025
    • North America Cyclopentane Market Dynamics – Trends
  3. Europe Cyclopentane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Function Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent & Reagent
      • Blowing Agent & Refrigerant
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Commercial Refrigerators
      • Electrical & Electronics
      • Fuel & Fuel Additives
      • Insulated Containers and Sippers
      • Insulating Construction Materials
      • Personal Care Products
      • Residential Refrigerators
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Cyclopentane Market – Opportunity Analysis Index, By Function, Application and Country, 2019 – 2025
    • Europe Cyclopentane Market Dynamics – Trends
  4. Asia-Pacific Cyclopentane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Function Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent & Reagent
      • Blowing Agent & Refrigerant
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Commercial Refrigerators
      • Electrical & Electronics
      • Fuel & Fuel Additives
      • Insulated Containers and Sippers
      • Insulating Construction Materials
      • Personal Care Products
      • Residential Refrigerators
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Cyclopentane Market – Opportunity Analysis Index, By Function, Application and Country, 2019 – 2025
    • Asia-Pacific Cyclopentane Market Dynamics – Trends
  5. Latin America Cyclopentane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Function Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent & Reagent
      • Blowing Agent & Refrigerant
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Commercial Refrigerators
      • Electrical & Electronics
      • Fuel & Fuel Additives
      • Insulated Containers and Sippers
      • Insulating Construction Materials
      • Personal Care Products
      • Residential Refrigerators
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Cyclopentane Market – Opportunity Analysis Index, By Function, Application and Country, 2019 – 2025
    • Latin America Cyclopentane Market Dynamics – Trends
  6. Middle East and Africa Cyclopentane Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)
    • Function Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent & Reagent
      • Blowing Agent & Refrigerant
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Commercial Refrigerators
      • Electrical & Electronics
      • Fuel & Fuel Additives
      • Insulated Containers and Sippers
      • Insulating Construction Materials
      • Personal Care Products
      • Residential Refrigerators
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Cyclopentane Market – Opportunity Analysis Index, By Function, Application and Country, 2019 – 2025
    • MEA Cyclopentane Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Function & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Chevron Phillips Chemical Company LLC (US)
      • DYMATIC Chemicals Inc. (UK)
      • HCS Group (Germany)
      • INEOS (UK)
      • Jilin Beihua Fine Chemical Co.Ltd. (China)
      • Liaoning Yufeng Chemical Co.Ltd. (China)
      • Maruzen Petrochemical (Japan)
      • SK Global Chemical Co.Ltd. (South Korea)
      • South Hampton Resources (US)
      • YEOCHUN NCC Co.Ltd. (South Korea)
      • Merck & Co. Ltd (U.S)
  8. Research Methodology
  9. Key Assumptions and Acronyms

Report

Company Profile

  • Chevron Phillips Chemical Company LLC
  • DYMATIC Chemicals Inc.
  • HCS Group
  • INEOS
  • Jilin Beihua Fine Chemical Co.Ltd.
  • Liaoning Yufeng Chemical Co.Ltd.
  • Maruzen Petrochemical
  • SK Global Chemical Co.Ltd.
  • South Hampton Resources
  • YEOCHUN NCC Co.Ltd.

Description

Cyclopentane Market size is valued at USD 284.8 million in 2021 and is expected to grow at a CAGR of 7.9% during the forecast period 2022 to 2028.  The global market provides a detailed overview of the Cyclopentane market, and that can be segmented by function and by application. Cyclopentane is a kind of highly flammable alicyclic hydrocarbon that is used in the production of synthetic rubber and resins and adhesives and also alters the phase of the cellular construction of polyurethane insulating foam utilized in commercial refrigerators. By function, the Cyclopentane market has been segmented into Solvent & Reagent, Blowing Agent & Refrigerant, and Others. The Blowing Agent segment is likely to be the largest and fastest-growing segment in terms of function. Based on Application, the Cyclopentane market is segmented into Commercial Refrigerators, Electrical & Electronics, Fuel & Fuel Additives, Insulated Containers and Sippers, Insulating Construction Materials, Personal Care Products, Residential Refrigerators, and Others. Among these, the commercial refrigerators segment is expected to have the fastest-growing market during the forecast period 2022-2028. The usage of cyclopentane in commercial freezers has given the market a new possibility. Cyclopentane is a foam-blowing agent usually used to insulate refrigerators and freezers. The commercial refrigerator industry is growing at a healthy rate around the globe, with the Asia Pacific dominating the way. The significance of commercial refrigerators is also rising as a result of altering climatic circumstances, which has caused in agricultural waste due to inadequate storage selections. According to studies, greater than a quarter of the harvest never comes to the market due to defective cooling. The rising populations require efficient delivery of food to evade famine, illness, and hunger. Commercial refrigeration systems have been more significant as a result, and governments worldwide are backing them to continue keeping food fresh and enhancing its shelf life. Moreover, because of its enhanced advantages over conventional foaming agents, cyclopentane is acquiring significant power as a foaming agent in the polyurethane foam business. Additionally, cyclopentane reduces emissions of greenhouse gas (GHG) during the insulation procedure of refrigerator production.

Key Developments:

In February 2021, HCS Group and Gevo contracted a tactical agreement in Germany to grow low-carbon renewable chemicals and Sustainable Aviation Fuel (SAF).

In June 1, 2020, SK Global Chemical acquired the high-performance polymer business of Arkema.

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