Cyclopentane Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	220 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185758

Best Price Guarantee
Price	from $4,850
Length	220 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185758

Cyclopentane Market

Growth Factors of Cyclopentane Market

The cyclopentane market size was valued at USD 455.0 million in 2023, and the market is now projected to grow from USD 491.8 million in 2024 to USD 808.3 million by 2032, exhibiting a CAGR of 6.4 % during the forecast period of 2024-2032.

The COVID-19 pandemic affected the cyclopentane market and supply chains’ shifts that hindered manufacturing and delivery processes. Economic restrictions in major markets and the inability to hold business activities due to lockdown affected the demand mainly in end-user segments such as refrigeration and insulation that utilizes cyclopentane as a blowing agent. That was the case, due to the cyclical nature of cyclopentane consumption, which was boosted with the onset of construction recovery in the global economies. The market was characterized by some turbulence; however, with the opening up of activities, the stabilization process has begun.

Some of the trends that are currently noted on the cyclopentane market include the following: ascending demand for environmentally friendly insulations due to advanced legislation. There is growing trend towards the use of cyclopentane for blowing in refrigeration and construction businesses because of its low GWP. Further, the enhancement of the producing methods is increasing the productivity of hardware manufacturing and expanded uses in car manufacturing and home appliances sectors, increasing the requirements. Sustainability and energy efficiency in construction activities and the use of building insulation materials are other factors that are also fostering the cyclopentane market growth.

Following are some of the aspects that drive the cyclopentane market: Increase in the use of cyclopentane for energy efficient insulation materials especially in construction and refrigerator industries. It has low GWP making Cyclopentane Energy efficient and this fits the global move towards being green by reducing carbon copy. Also, people’s awareness of green building construction and the enhancing legislation on environmental preservation are some factors that promote is adoption. Increasing trends towards lightweight and fuel efficient automobiles the automotive sector has greatly increased its utilization of cyclopentane and inventions in production processes are another factor that is boosting the market. Trends like these place cyclopentane at the center of green innovation. The above-mentioned factors are driving the cycolpentane market growth.

Comprehensive Analysis cycolpentane Market

By application, the cyclopentane market can be divided into the following sectors; Blowing agents and refrigerants; solvents and reagents; and other applications. It is used as a blowing agent especially in refrigeration and insulation purposes being environmentally friendly. It works as a solvent and reagent of numerous chemical processes as well. By application, cyclopentane is used in refrigeration, insulation of construction, insulation of containers and sippers with other chemical uses as its application. Even these diverse applications prove that its use will increase in the future of sustainable and energy-efficient systems.

Currently, the Asia-Pacific region occupies the largest cycolpentane market share of due to increased industrialization and its consequent urbanization. The countries like China and India are the major contributors due to the increasing construction and refrigeration industries where there is a need for efficient insulation material that can save energy and are environment friendly. This market finds support in the present growth of manufacturing industries in the region and investments made in sustainable technologies. Furthermore, high environmental legislation in major APAC countries has pressured the use of low-global warming potential, substances such as cyclopentane enhancing the region’s market control globally.

Key players in this sector Ataman Kimya (Turkey), Haldia Petrochemicals Limited (India), HCS Group (Germany), Junyuan Petroleum Group (China), Mainchem (China), Maruzen Petrochemical (Japan), Shandong Senzhihai New Material Co., Ltd. (China), Shandong Yuean Chemical Industry Co., Ltd. (China)

In 2024, product advancements of cyclopentane are pointed to the year with emphasis on improving the performance and making the product more environmentally friendly. New developments include the formulation of high purity cyclopentane; this enhances efficiency in cyclopentane as a blowing agent for foams and a refrigerant since it lacks contaminants; and the thermal insulating property of the foam formed enhances its efficiency. Increase in production technology is seeing the manufacturing sector adopt energy efficient production technologies in order to reduce the carbon footprint. These advancements are intended to address growing new regulatory requirements and customers’ environmental obligations in the scope of energy efficiency.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

CAGR (2024-2032) CAGR of 6.4% from 2024-2032

Unit Value (USD Million) and Volume (Kiloton)

Segmentation By Function

- Blowing Agent & Refrigerant

- Solvent & Reagent

- Others

By Application

- Refrigeration

- Insulation in Construction

- Insulation in Container and Sippers

- Chemical Synthesis

- Others

By Region

- North America (By Function, Application, and Country)

U.S. (Application)
Canada (Application)
Mexico (Application)

- Europe (By Function, Application, and Country)

Germany (Application)
U.K. (Application)
France (Application)
Italy (Application)
Spain (Application)
Rest of Europe (Application)

- Asia Pacific (By Function, Application, and Country)

China (Application)
India (Application)
Japan (Application)
South Korea (Application)
Rest of Asia Pacific (Application)

- Latin America (By Function, Application, and Country)

Brazil (Application)
Rest of Latin America (Application)

- Middle East & Africa (By Function, Application, and Country)

Saudi Arabia (Application)
South Africa (Application)
Rest of the Middle East & Africa (Application)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends in the Market; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Sustainability; 4.5. Porters Five Forces Analysis; 4.6. Qualitative Insights on Impact of COVID-19 on the Market
5. Global Cyclopentane Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Function; 5.2.1. Blowing Agent & Refrigerant; 5.2.2. Solvent & Reagent; 5.2.3. Others; 5.3. By Application; 5.3.1. Refrigeration; 5.3.2. Insulation in Construction; 5.3.3. Insulation in Container and Sippers; 5.3.4. Chemical Synthesis; 5.3.5. Others; 5.4. By Region; 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Latin America; 5.4.5. Middle East & Africa
6. North America Cyclopentane Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Function; 6.2.1. Blowing Agent & Refrigerant; 6.2.2. Solvent & Reagent; 6.2.3. Others; 6.3. By Application; 6.3.1. Refrigeration; 6.3.2. Insulation in Construction; 6.3.3. Insulation in Container and Sippers; 6.3.4. Chemical Synthesis; 6.3.5. Others; 6.4. By Country; 6.4.1. U.S; 6.4.1.1. Refrigeration; 6.4.1.2. Insulation in Construction; 6.4.1.3. Insulation in Container and Sippers; 6.4.1.4. Chemical Synthesis; 6.4.1.5. Others; 6.4.2. Canada; 6.4.2.1. Refrigeration; 6.4.2.2. Insulation in Construction; 6.4.2.3. Insulation in Container and Sippers; 6.4.2.4. Chemical Synthesis; 6.4.2.5. Others; 6.4.3. Mexico; 6.4.3.1. Refrigeration; 6.4.3.2. Insulation in Construction; 6.4.3.3. Insulation in Container and Sippers; 6.4.3.4. Chemical Synthesis; 6.4.3.5. Others
7. Europe Cyclopentane Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Function; 7.2.1. Blowing Agent & Refrigerant; 7.2.2. Solvent & Reagent; 7.2.3. Others; 7.3. By Application; 7.3.1. Refrigeration; 7.3.2. Insulation in Construction; 7.3.3. Insulation in Container and Sippers; 7.3.4. Chemical Synthesis; 7.3.5. Others; 7.4. By Country; 7.4.1. Germany; 7.4.1.1. Refrigeration; 7.4.1.2. Insulation in Construction; 7.4.1.3. Insulation in Container and Sippers; 7.4.1.4. Chemical Synthesis; 7.4.1.5. Others; 7.4.2. U.K.; 7.4.2.1. Refrigeration; 7.4.2.2. Insulation in Construction; 7.4.2.3. Insulation in Container and Sippers; 7.4.2.4. Chemical Synthesis; 7.4.2.5. Others; 7.4.3. France; 7.4.3.1. Refrigeration; 7.4.3.2. Insulation in Construction; 7.4.3.3. Insulation in Container and Sippers; 7.4.3.4. Chemical Synthesis; 7.4.3.5. Others; 7.4.4. Italy; 7.4.4.1. Refrigeration; 7.4.4.2. Insulation in Construction; 7.4.4.3. Insulation in Container and Sippers; 7.4.4.4. Chemical Synthesis; 7.4.4.5. Others; 7.4.5. Spain; 7.4.5.1. Refrigeration; 7.4.5.2. Insulation in Construction; 7.4.5.3. Insulation in Container and Sippers; 7.4.5.4. Chemical Synthesis; 7.4.5.5. Others; 7.4.6. Rest of Europe; 7.4.6.1. Refrigeration; 7.4.6.2. Insulation in Construction; 7.4.6.3. Insulation in Container and Sippers; 7.4.6.4. Chemical Synthesis; 7.4.6.5. Others
8. Asia-Pacific Cyclopentane Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Function; 8.2.1. Blowing Agent & Refrigerant; 8.2.2. Solvent & Reagent; 8.2.3. Others; 8.3. By Application; 8.3.1. Refrigeration; 8.3.2. Insulation in Construction; 8.3.3. Insulation in Container and Sippers; 8.3.4. Chemical Synthesis; 8.3.5. Others; 8.4. By Country; 8.4.1. China; 8.4.1.1. Refrigeration; 8.4.1.2. Insulation in Construction; 8.4.1.3. Insulation in Container and Sippers; 8.4.1.4. Chemical Synthesis; 8.4.1.5. Others; 8.4.2. India; 8.4.2.1. Refrigeration; 8.4.2.2. Insulation in Construction; 8.4.2.3. Insulation in Container and Sippers; 8.4.2.4. Chemical Synthesis; 8.4.2.5. Others; 8.4.3. Japan; 8.4.3.1. Refrigeration; 8.4.3.2. Insulation in Construction; 8.4.3.3. Insulation in Container and Sippers; 8.4.3.4. Chemical Synthesis; 8.4.3.5. Others; 8.4.4. South Korea; 8.4.4.1. Refrigeration; 8.4.4.2. Insulation in Construction; 8.4.4.3. Insulation in Container and Sippers; 8.4.4.4. Chemical Synthesis; 8.4.4.5. Others; 8.4.5. Rest of Asia Pacific; 8.4.5.1. Refrigeration; 8.4.5.2. Insulation in Construction; 8.4.5.3. Insulation in Container and Sippers; 8.4.5.4. Chemical Synthesis; 8.4.5.5. Others
9. Latin America Cyclopentane Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Function; 9.2.1. Blowing Agent & Refrigerant; 9.2.2. Solvent & Reagent; 9.2.3. Others; 9.3. By Application; 9.3.1. Refrigeration; 9.3.2. Insulation in Construction; 9.3.3. Insulation in Container and Sippers; 9.3.4. Chemical Synthesis; 9.3.5. Others; 9.4. By Country; 9.4.1. Brazil; 9.4.1.1. Refrigeration; 9.4.1.2. Insulation in Construction; 9.4.1.3. Insulation in Container and Sippers; 9.4.1.4. Chemical Synthesis; 9.4.1.5. Others; 9.4.2. Rest of Latin America; 9.4.2.1. Refrigeration; 9.4.2.2. Insulation in Construction; 9.4.2.3. Insulation in Container and Sippers; 9.4.2.4. Chemical Synthesis; 9.4.2.5. Others
10. Middle East & Africa Cyclopentane Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. By Function; 10.2.1. Blowing Agent & Refrigerant; 10.2.2. Solvent & Reagent; 10.2.3. Others; 10.3. By Application; 10.3.1. Refrigeration; 10.3.2. Insulation in Construction; 10.3.3. Insulation in Container and Sippers; 10.3.4. Chemical Synthesis; 10.3.5. Others; 10.4. By Country; 10.4.1. Saudi Arabia; 10.4.1.1. Refrigeration; 10.4.1.2. Insulation in Construction; 10.4.1.3. Insulation in Container and Sippers; 10.4.1.4. Chemical Synthesis; 10.4.1.5. Others; 10.4.2. South Africa; 10.4.2.1. Refrigeration; 10.4.2.2. Insulation in Construction; 10.4.2.3. Insulation in Container and Sippers; 10.4.2.4. Chemical Synthesis; 10.4.2.5. Others; 10.4.3. Rest of Middle East & Africa; 10.4.3.1. Refrigeration; 10.4.3.2. Insulation in Construction; 10.4.3.3. Insulation in Container and Sippers; 10.4.3.4. Chemical Synthesis; 10.4.3.5. Others
11. Competitive Landscape: 11.1. Company Market Share/Ranking Analysis, By Key Players, 2023; 11.2. Company Profile; 11.2.1. ATAMAN KIMYA; 11.2.1.1. Overview; 11.2.1.2. Description; 11.2.1.3. Product Portfolio; 11.2.1.4. Financials (As per Availability); 11.2.1.5. Recent Developments; 11.2.2. Haldia Petrochemicals Limited; 11.2.2.1. Overview; 11.2.2.2. Description; 11.2.2.3. Product Portfolio; 11.2.2.4. Financials (As per Availability); 11.2.2.5. Recent Developments; 11.2.3. HCS Group; 11.2.3.1. Overview; 11.2.3.2. Description; 11.2.3.3. Product Portfolio; 11.2.3.4. Financials (As per Availability); 11.2.3.5. Recent Developments; 11.2.4. Junyuan Petroleum Group; 11.2.4.1. Overview; 11.2.4.2. Description; 11.2.4.3. Product Portfolio; 11.2.4.4. Financials (As per Availability); 11.2.4.5. Recent Developments; 11.2.5. Mainchem; 11.2.5.1. Overview; 11.2.5.2. Description; 11.2.5.3. Product Portfolio; 11.2.5.4. Financials (As per Availability); 11.2.5.5. Recent Developments; 11.2.6. Maruzen Petrochemical; 11.2.6.1. Overview; 11.2.6.2. Description; 11.2.6.3. Product Portfolio; 11.2.6.4. Financials (As per Availability); 11.2.6.5. Recent Developments; 11.2.7. Shandong Senzhihai New Material Co., Ltd.; 11.2.7.1. Overview; 11.2.7.2. Description; 11.2.7.3. Product Portfolio; 11.2.7.4. Financials (As per Availability); 11.2.7.5. Recent Developments; 11.2.8. Shandong Yuean Chemical Industry Co., Ltd.; 11.2.8.1. Overview; 11.2.8.2. Description; 11.2.8.3. Product Portfolio; 11.2.8.4. Financials (As per Availability); 11.2.8.5. Recent Developments; 11.2.9. Spectrum Chemical; 11.2.9.1. Overview; 11.2.9.2. Description; 11.2.9.3. Product Portfolio; 11.2.9.4. Financials (As per Availability); 11.2.9.5. Recent Developments; 11.2.10. Tokyo Chemical Industry Co., Ltd.; 11.2.10.1. Overview; 11.2.10.2. Description; 11.2.10.3. Product Portfolio; 11.2.10.4. Financials (As per Availability); 11.2.10.5. Recent Developments
12. Strategic Recommendations