Cyclopentane Market Strategies and Insight Driven Transformation 2020-2027

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Cyclopentane Market To Reach USD 400.3 Million By
2026
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Market Summary
Increasing preference of environment-friendly
insulation materials, analytical scientific
applications of cyclopentane, and rising demand
from automotive construction industries are key
factors contributing to a high CAGR of
Cyclopentane market during the forecast
period. Market Size USD 237.7 Million in
2018, Market Growth - CAGR of 6.7, Market Trends
Product launches and mergers and acquisitions
for production of Cyclopentane
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Our Approach
Market Summary

• According to the current analysis of Reports and
  Data, the global Cyclopentane market was valued
  at USD 237.7 Million in 2018 and is expected to
  reach USD 400.3 Million by year 2026, at a CAGR
  of 6.7. Cyclopentane is an environmentally
  friendly and cost-effective insulation material
  which would be used dominantly for insulation
  after phasing out of insulation material
  containing Hydrofluorocarbons. Cyclopentane has
  zero OPD and a very low GWP, which reduces CO2
  emissions drastically. It is a blowing agent for
  polyurethane foams that are used to insulate
  refrigerators and freezers and is used in the
  production of synthetic resins, rubber adhesives,
  and personal care products such as perfumes.
• Greenhouse gases are released in large quantities
  due to human activities, and in view of the
  current level of emissions their atmospheric
  concentrations are expected to increase over the
  coming years. The major issue is with such gases
  used in refrigeration, which tend to be
  ozone-harming. Cyclopentane is considered a
  cost-effective solution to HCFC-141b, as it has
  the highest initial R-value, good peel adhesion,
  and good solubility with other raw materials.
  Many foam manufacturers opt for cyclopentane over
  HCFC-141b due to it being the cheaper alternative
  and zero Ozone Depletion Potential (ODP) and low
  Global Warming Potential (GWP). Compared to other
  fluorocarbons, cyclopentane is less potent as a
  global warming agent and does not break down into
  acids. These favorable properties are expected to
  drive the demand for cyclopentane in the
  application of blowing agents and refrigerants in
  the forecast period.
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Our Approach
Market Summary

• Key participants include Liaoning Yufeng Chemical
  Co. Ltd., Chevron Phillips Chemical Company, HCS
  Group GmbH, Dymatic Chemicals, Ineos, Yeochun NCC
  Co. Ltd., EQX Material, Hunan precision equipment
  manufacturing Co. Ltd., South Hampton Resources,
  Maruzen Petrochemical, SK global chemical Co.
  Ltd, Haldia Petrochemicals Limited, HPLA Group,
  LG Chem, Pure Chemicals, Trecora Resources,
  Sinteco S.R.L, EnC Global, and OCI Company Ltd.
• Segments covered in the report
• Function (Revenue, USD Million Volume in Kilo
  Tons, 20162026)
• Blowing agent Refrigerant
• Solvent Reagent
• Others
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  Report, Click _at_ https//www.reportsanddata.com/dis
  count-enquiry-form/2222

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Our Approach
Market Summary

• Application (Revenue, USD Million Volume in Kilo
  Tons, 20162026)
• Residential Refrigerants
• Commercial Refrigerants
• Insulated containers sippers
• Electrical Electronics
• Insulating construction materials
• Care products
• Fuel Fuel additives
• Others
• Major Geographies Covered in the Cyclopentane
  Market Report
• North America (U.S., Canada)
• Latin America (Chile, Brazil, Argentina, Rest of
  Latin America)
• Europe (U.K., Italy, Germany, France, Rest of
  EU)
• Asia Pacific (India, Japan, China, South Korea,
  Australia, Rest of APAC)
• Middle East Africa (Saudi Arabia, U.A.E.,
  South Africa, Rest of MEA)
• Read More _at_ https//www.reportsanddata.com/report-
  detail/cyclopentane-market

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Our Approach
Market Summary

• Further key findings from the report suggest
• The cyclopentane market is rising at a CAGR of 3
  in Asia Pacific, followed by Europe and North
  America, with 6.5 and 6.3 CAGR, respectively.
  Increasing use of environment-friendly insulation
  materials worldwide is the key factor in
  accelerating cyclopentane market growth during
  forecast period across all regions.
• As of 2018, the Residential refrigerant segment
  is dominating cyclopentane, which holds 33.7 of
  the global market. Asia Pacific regional market
  is the chief revenue-generating source for this
  product segment, followed by Europe and North
  American regions
• Insulating construction materials is expected to
  be the fastest-growing market segment during the
  forecast period 2019-2026 with a CAGR of 7.4.
• The solvent and Reagents segment was valued at
  USD 81.1 Million in 2018 and is expected to reach
  USD 134.6 Million by 2026.
• Blowing agent and Refrigerant is the dominant
  function segment of the global Cyclopentane It is
  further anticipated to register the fastest
  growth with a CAGR of 7.1 during the forecast
  period.
• The Asia Pacific is expected to account for 34.7
  of the global Cyclopentane market. Developing
  nations such as China and India are likely to
  witness high growth
• Associated side effects related to Cyclopentanes
  and lack of awareness about pruritus is likely to
  hinder the market growth during the forecast
  period.
• North America is the third-largest region in
  terms of revenue generation. It accounts for
  24.3 of the market share.

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Our Approach
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