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Cyclopentane Market

Cyclopentane Market Size and Segment By Function (Blowing agent & refrigerant, Solvent & reagent, Others) By Application (Residential Refrigerator, Commercial Refrigerator, Insulated Containers And Sippers, Insulating Construction Material, Electrical & Electronics, Personal Care Products, Fuel & Fuel Additives, Others), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1811 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Cyclopentane Market Size was valued at USD  292.94 million in 2021, and is expected to reach USD 492.37 million by 2028, and grow at a CAGR of  7.7 % over the forecast period 2022-2028.  Cyclopentane is a type of hydrocarbon that can catch on fire. It is also called pentamethylene. It is used a lot as a blowing agent in making foam, and environmental groups like it because it doesn't have any effect on the ozone layer. It's a better choice than HCFCs and CFCs. It is used in refrigerators, foams, panels, boards, and pipes in the construction industry.

Cyclopentane Market Revenue Graph

Market Dynamics:

Drivers:

  • By the end of the 2040s, 85% of the world's HCFCs will be gone.

Opportunity:

  • More and more blowing agents are being used in the building, car, and appliance industries.

Challenge:

  • Cyclopentane can catch fire

Impact of Covid-19:

The pandemic is likely to have an effect on different parts of the cyclopentane market's value chain. This effect is likely to show up during the forecast period, especially in 2020. The following are the effects of COVID-19: Cyclopentane is used in many different end-use industries, such as in refrigerators, insulated containers and sippers, insulating building materials, electrical and electronic appliances, personal care products, fuel, and fuel additives. Because of the COVID-19 pandemic and how it slowly spread, people had to store food and other supplies in their homes and use only the services they needed. Because of how the world is changing, there has been a sharp rise in the need for some types of refrigerators that are considered essential. People stayed home because of the pandemic, which led to a rise in demand for home refrigerators in 2020. Even though the lockdowns caused a little bit of trouble for the industry, consumers have been generally happy. Because of these things, the COVID-19 pandemic had a mixed effect on the cyclopentane market.

Key Players:

Chevron Phillips Chemical Company, Liaoning Yufeng Chemical Co. Ltd., HCS Group GmbH, SOUTH HAMPTON RESOURCES, Dymatic Chemical, Maruzen Petrochemical, Ineos, YEOCHUN NCC CO. LTD., SK global chemical Co. Ltd, HPLA Group, and other players.

Market Segmentation:

By Function

  • Blowing agent & refrigerant

  • Solvent & reagent

  • Others

By Application

  • Residential Refrigerator

  • Commercial Refrigerator

  • Insulated Containers And Sippers

  • Insulating Construction Material

  • Electrical & Electronics

  • Personal Care Products

  • Fuel & Fuel Additives

  • Others

Cyclopentane Market Segment Pie Chart

Regional Analysis:

Five areas—Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa—have been looked at for the Global Cyclopentane Market. In 2019, more than 43 percent of the market was in Asia-Pacific, and the market was worth about USD 151,108,9 thousand. The fast industrialization and growing economies in countries like India, South Korea, and Malaysia are partly to blame for the high growth in this region.

The regional market is driven by growing demand from people who use refrigerators at home, in businesses, and in construction. Due to rapid industrialization and urbanisation, both the public and private sectors are putting a lot of money into the construction industry. This, along with the amount of money spent on renovations, is expected to help the regional market grow.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Cyclopentane Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 292.94 Million
Market Size by 2028 US$ 492.37 Million
CAGR CAGR of 7.7% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Function (Blowing agent & refrigerant, Solvent & reagent, Others)
• By Application (Residential Refrigerator, Commercial Refrigerator, Insulated Containers And Sippers, Insulating Construction Material, Electrical & Electronics, Personal Care Products, Fuel & Fuel Additives, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Chevron Phillips Chemical Company, Liaoning Yufeng Chemical Co. Ltd., HCS Group GmbH, SOUTH HAMPTON RESOURCES, Dymatic Chemical, Maruzen Petrochemical, Ineos, YEOCHUN NCC CO. LTD., SK global chemical Co. Ltd, HPLA Group, and other players.
DRIVERS • By the end of the 2040s, 85% of the world's HCFCs will be gone.
Opportunity • More and more blowing agents are being used in the building, car, and appliance industries.


Frequently Asked Questions (FAQ) :

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product

Ans: The pandemic is likely to have an effect on different parts of the cyclopentane market's value chain. This effect is likely to show up during the forecast period, especially in 2020. The following are the effects of COVID-19: Cyclopentane is used in many different end-use industries, such as in refrigerators, insulated containers and sippers, insulating building materials, electrical and electronic appliances, personal care products, fuel, and fuel additives. Because of the COVID-19 pandemic and how it slowly spread, people had to store food and other supplies in their homes and use only the services they needed.

 

Ans: By the end of the 2040s, 85% of the world's HCFCs will be gone are  the drivers for Cyclopentane Market.

 

Ans: Cyclopentane can catch fire are the challenges faced by the Cyclopentane Market.

 

Ans: Cyclopentane Market Size was valued at USD  292.94 million in 2021, and expected to reach USD 492.37 million by 2028, and grow at a CAGR of  7.7 % over the forecast period 2022-2028.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Cyclopentane Market Segment, By Function

8.1 Blowing agent & refrigerant

8.2 Solvent & reagent

8.3 Others

 

9. Cyclopentane Market Segment, By Application

9.1 Residential Refrigerator

9.2 Commercial Refrigerator

9.3 Insulated Containers And Sippers

9.4 Insulating Construction Material

9.5 Electrical & Electronics

9.6 Personal Care Products

9.7 Fuel & Fuel Additives

9.8 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profile

11.1 Chevron Phillips Chemical Company

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 HCS Group GmbH

11.3 SOUTH HAMPTON RESOURCES

11.4 Dymatic Chemical

11.5 Maruzen Petrochemical

11.6 Ineos

11.7 YEOCHUN NCC CO. LTD.

11.8 SK global chemical Co. Ltd

11.9 HPLA Group

11.10 Liaoning Yufeng Chemical Co. Ltd.

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

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Secondary Research

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