Global Cyclopentane Market: Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global 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

The global cyclopentane market size was USD 229.5 million in 2020 and is projected to reach USD 338.7 million by 2027, at a CAGR of 6.9% during the forecast period. Increasing demand for cyclopentane from various industries, technological advances in refrigeration systems, rising demand for refrigerators and freezers, increasing preference for eco-friendly insulation materials and growing demand for foam blowing agents from the automotive and construction industries are some key factors influencing the market growth. However, factors such as flammability of cyclopentane, side effects related to health associated with the increased amount of consumption of cyclopentane and huge capital investments are hindering the market growth. Extreme overexposure to cyclopentane may cause central nervous system depression, unconsciousness, and respiratory arrest. Ingesting the product may also cause hemorrhaging of mucous membranes, diarrhea, or aspiration of the liquid resulting in chemical pneumonitis. Hence, side effects related to health associated with the increased amount of consumption of cyclopentane limits the market growth. Cyclopentane is a ring-shaped five-carbon acyclic hydrocarbon compound. It is a member of the cycloalkanes family. Cyclopentane is used to make resins, synthetic rubber, and rubber glue. In the production of polyurethane insulating foam, cyclopentane is also used as a blowing agent. They’re also used in the manufacturing of fuels and as a solvent. Cyclopentane is a highly flammable alicyclic hydrocarbon used to make synthetic resins and rubber adhesives, as well as to change the cellular structure of polyurethane insulating foam used in commercial refrigerators. It has a colourless appearance and an odour that is similar to gasoline.

Cyclopentane Market

MARKET SUMMARY
-
6.9%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.8%
  • Largest Market– Asia pacific
  • Fastest Growing Market– Europe

Cyclopentane Market

  • Global Cyclopentane market report gives comprehensive outlook on cyclopentane across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global cyclopentane market gives historical, current, and future market sizes (US$ Mn) on the basis of function, application and region.
  • This report studies global cyclopentane market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global cyclopentane market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global cyclopentane products.
Market Key Players
  • Chevron Phillips Chemical Company
  • DYMATIC Chemicals
  • HCS Group
  • INEOS
  • Jilin Beihua Fine Chemical Co.Ltd.
  • Liaoning Yufeng Chemical Co.Ltd
  • Maruzen Petrochemical
  • SK Global Chemical Co.Ltd
  • South Hampton Resources
Growth

Cyclopentane Market

The refrigeration sector plays a particularly strategic role for humanity. Although for many people ‘refrigeration’ is limited to household refrigerators, refrigerated display cabinets in supermarkets, ice rinks and snowmaking systems, these are but the tip of the iceberg. The refrigeration industry is present in many sectors, ranging from the food industry to air conditioning and plays a significant role across healthcare, energy and the environment. Hence, there is a need for improved insulation values to meet the changes in energy codes along with the introduction of the fourth generation blowing agents such as cyclopentane. It is mainly used as “Green” blowing agent in Polyurethane foam mixed with polyol and MDI. Cyclopentane is used for thermal insulation in refrigerators and freezers. Therefore, increasing technological changes in refrigeration systems will have a high positive impact on the global cyclopentane market during the forecast period.


Asia-Pacific Got Significant Share

Cyclopentane Market

Asia Pacific accounted for larger revenue share in global cyclopentane market with considerable CAGR. The growth in this region can be attributed to increasing demand from the residential refrigerators and construction applications, where cyclopentane is used as a blowing agent and refrigerant. Easy availability of raw materials, skilled labor, land, and equipment’s are other factors responsible for the market growth. In addition, Europe held significant market share during estimated period.

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

Key

Key Findings of the Report

  • Global cyclopentane market expanding at significant CAGR over 2021 to 2027 owing to rising demand from various end user industries
  • Based on function, solvent & reagent segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global cyclopentane market

Key

Key Features of the Report

Cyclopentane Market Segmentation


Location

GEOGRAPHY


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 (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)

Description

The global cyclopentane market size was USD 229.5 million in 2020 and is projected to reach USD 338.7 million by 2027, at a CAGR of 6.9% during the forecast period. Increasing demand for cyclopentane from various industries, technological advances in refrigeration systems, rising demand for refrigerators and freezers, increasing preference for eco-friendly insulation materials and growing demand for foam blowing agents from the automotive and construction industries are some key factors influencing the market growth. However, factors such as flammability of cyclopentane, side effects related to health associated with the increased amount of consumption of cyclopentane and huge capital investments are hindering the market growth. Extreme overexposure to cyclopentane may cause central nervous system depression, unconsciousness, and respiratory arrest. Ingesting the product may also cause hemorrhaging of mucous membranes, diarrhea, or aspiration of the liquid resulting in chemical pneumonitis. Hence, side effects related to health associated with the increased amount of consumption of cyclopentane limits the market growth. Cyclopentane is a ring-shaped five-carbon acyclic hydrocarbon compound. It is a member of the cycloalkanes family. Cyclopentane is used to make resins, synthetic rubber, and rubber glue. In the production of polyurethane insulating foam, cyclopentane is also used as a blowing agent. They’re also used in the manufacturing of fuels and as a solvent. Cyclopentane is a highly flammable alicyclic hydrocarbon used to make synthetic resins and rubber adhesives, as well as to change the cellular structure of polyurethane insulating foam used in commercial refrigerators. It has a colourless appearance and an odour that is similar to gasoline.

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