Global Cyclopentane Market Research Report—Forecast till 2027

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Global Cyclopentane Market is forecasted to record a CAGR of 7.40% to reach USD 493,623.5 Thousand by the end of 2027. Cyclopentane is an inflammable hydrocarbon, it is also called pentamethylene.

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Global Cyclopentane Market Research Report—Forecast till 2027

Market Overview
Global Cyclopentane Market is forecasted to record a CAGR of 7.40% to reach USD 493,623.5 Thousand by the end of 2027. Cyclopentane is an inflammable hydrocarbon, it is also called pentamethylene. Cyclopentane is also used as a foam-blowing agent in the manufacturing of polyurethane insulating foam, which is used in freezers, water heaters, construction panels, refrigerators, and insulated pipes and roofs. It is an exclusive alternative to HCFCs and CFCs.
The global cyclopentane market is expected to witness healthy market growth during the review period. Additionally, Cyclopentane has low global warming potential and ensures low operating costs, making them the preferred choice for blowing agents in end-use industries. Refrigerants are a functioning agent or liquid utilized in refrigerating frameworks to release heat during vanishing in locales of low temperatures and pressing factors and delivery heat during build-up in areas with high temperatures and pressing factors. They are the essential liquid that is liable for cooling purposes in business and private fridges. Hydrofluorocarbon (HFC) and hydrochlorofluorocarbon (HCFC) are utilized in different applications like auto, home climate control systems, and mechanical refrigeration.
Market Segmentation
Global Cyclopentane Market has been classified based on Application, End User, and Region.
In terms of application type, the global cyclopentane market has been divided into blowing agents, solvent & reagent, and others. The blowing agent segment accounted for the largest market share of 85.60% in 2019, with a market value of USD 2,92,645.3 thousand; it is expected to register the highest CAGR of 7.59% during the forecast period.
Based on the end-use segment, the cyclopentane market has been divided into residential refrigerators, commercial refrigerators, construction, and others. The residential refrigerators segment accounted for the largest market share of more than 40% in 2019 and is expected to register a CAGR of 7.48% during the forecast period. However, the construction segment is projected to register the highest CAGR of 8.22%.
Regional Analysis
Geographically, Global Cyclopentane Market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia-Pacific accounted for the largest market share of over 43% in 2019, having a market value of around USD 151,108.9 thousand. The regional market growth is driven by the growing industrialization and rising economic conditions in emerging such as India, South Korea, and Malaysia.
Additionally, the increasing demand from residential refrigerators, commercial refrigerators, construction end-users are propelling the regional market during the review period. Moreover, the surging public and private investment in the construction industry because of rapid industrialization and urbanization and growing expenditure on renovation are estimated to fuel the regional market growth.
Major Players
The prominent players operating in the Global Cyclopentane Market are INEOS (UK), Haltermann Carless Deutschland GmbH (Germany), Jilin Beihua Fine Chemical Co., Ltd (China), South Hampton Resources (US), Maruzen Petrochemical Co., Ltd (Japan), Chevron Phillips Chemical Company (US), Liaoning Yufeng Chemical Co., Ltd (China), Haldia Petrochemicals Limited (India), Yeochun NCC Co., Ltd (South Korea), and SK Chemicals Co., Ltd. (South Korea).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENT "1 EXECUTIVE SUMMARY 1.1 MARKET ATTRACTIVENESS ANALYSIS 17 1.1.1 GLOBAL CYCLOPENTANE MARKET, BY APPLICATION 18 1.1.2 GLOBAL CYCLOPENTANE MARKET, BY END USER 19 1.1.3 GLOBAL CYCLOPENTANE MARKET, BY REGION 20 2 MARKET INTRODUCTION 2.1 DEFINITION 21 2.2 SCOPE OF THE STUDY 21 2.3 MARKET STRUCTURE 21 3 RESEARCH METHODOLOGY 3.1 RESEARCH PROCESS 22 3.2 PRIMARY RESEARCH 23 3.3 SECONDARY RESEARCH 24 3.4 MARKET SIZE ESTIMATION 24 3.5 FORECAST MODEL 25 3.6 LIST OF ASSUMPTIONS & LIMITATIONS 26 4 MARKET DYNAMICS 4.1 INTRODUCTION 27 4.2 DRIVERS 29 4.2.1 HIGH DEMAND AS BLOWING AGENT FOR RIGID FOAM INSULATION 29 4.2.2 PHASE-OUT OF HCFCS AND HFCS REFRIGERANTS 29 4.3 RESTRAINT 30 4.3.1 AVAILABILITY OF SUBSTITUTE PRODUCTS 30 4.4 OPPORTUNITY 31 4.4.1 GROWING END-USE MARKETS IN EMERGING ECONOMIES 31 4.5 CHALLENGE 33 4.5.1 VOLATILITY IN RAW MATERIAL PRICES 33 5 MARKET FACTOR ANALYSIS 5.1 SUPPLY CHAIN ANALYSIS 34 5.1.1 RAW MATERIALS SUPPLIERS 34 5.1.2 CYCLOPENTANE PRODUCERS 34 5.1.3 DISTRIBUTION CHANNELS 35 5.1.4 APPLICATIONS 35   5.2 PORTER’S FIVE FORCES MODEL 36 5.2.1 THREAT OF NEW ENTRANTS 36 5.2.2 BARGAINING POWER OF SUPPLIERS 37 5.2.3 THREAT OF SUBSTITUTES 37 5.2.4 BARGAINING POWER OF BUYERS 37 5.2.5 INTENSITY OF RIVALRY 37 5.3 PRICING OVERVIEW, BY REGION, USD/KG (2020-2027) 38 5.4 IMPACT OF COVID-19 ON THE GLOBAL CYCLOPENTANE MARKET 38 5.4.1 OVERVIEW 38 5.4.2 IMPACT OF COVID-19 OUTBREAK ON THE SUPPLY CHAIN 38 5.4.3 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FROM END USER 39 5.4.3.1 CONSTRUCTION 39 5.4.3.2 AUTOMOTIVE 39 5.4.4 NUMBER OF COVID-19 CASES AS OF 27TH AUGUST 2020 40 5.4.5 MAJOR GOVERNMENT POLICIES TO COUNTER THE IMPACT OF COVID-19 40 5.4.5.1 US 40 5.4.5.1.1 FISCAL POLICIES 40 5.4.5.1.2 MONETARY AND MACRO-FINANCIAL 40 5.4.5.2 EUROPEAN UNION 41 5.4.5.2.1 FISCAL POLICIES 41 5.4.5.2.2 MONETARY AND MACRO-FINANCIAL 41 5.4.5.3 CHINA 41 5.4.5.3.1 FISCAL POLICIES 41 5.4.5.3.2 MONETARY AND MACRO-FINANCIAL 41 5.4.5.4 INDIA 42 5.4.5.4.1 FISCAL POLICIES 42 5.4.5.4.2 MONETARY AND MACRO-FINANCIAL 42 6 GLOBAL CYCLOPENTANE MARKET, BY APPLICATION 6.1 INTRODUCTION 43 6.2 BLOWING AGENT 45 6.3 SOLVENT & REAGENT 47 6.4 OTHERS 48 7 GLOBAL CYCLOPENTANE MARKET, BY END USER 7.1 INTRODUCTION 49 7.2 RESIDENTIAL REFRIGERATORS 51 7.3 CONSTRUCTION 52 7.4 COMMERCIAL REFRIGERATORS 54 7.5 OTHERS 55 8 GLOBAL CYCLOPENTANE MARKET, BY REGION 8.1 INTRODUCTION 56 8.2 NORTH AMERICA 61 8.2.1 US 64 8.2.2 CANADA 66 8.3 EUROPE 68 8.3.1 GERMANY 71 8.3.2 FRANCE 73 8.3.3 UK 75 8.3.4 RUSSIA 77 8.3.5 ITALY 79 8.3.6 SPAIN 81 8.3.7 REST OF EUROPE 83 8.4 ASIA-PACIFIC 85 8.4.1 CHINA 88 8.4.2 INDIA 90 8.4.3 JAPAN 92 8.4.4 SOUTH KOREA 94 8.4.5 INDONESIA 96 8.4.6 THAILAND 98 8.4.7 AUSTRALIA & NEW ZEALAND 100 8.4.8 REST OF ASIA-PACIFIC 102 8.5 LATIN AMERICA 104 8.5.1 BRAZIL 107 8.5.2 MEXICO 109 8.5.3 ARGENTINA 111 8.5.4 REST OF LATIN AMERICA 113 8.6 MIDDLE EAST & AFRICA 115 8.6.1 GCC 118 8.6.2 TURKEY 120 8.6.3 SOUTH AFRICA 122 8.6.4 REST OF THE MIDDLE EAST & AFRICA 124 9 COMPETITIVE LANDSCAPE 9.1 COMPETITIVE OVERVIEW 126 9.1.1 MARKET STRATEGY ANALYSIS 126 9.2 KEY DEVELOPMENTS & GROWTH STRATEGIES 126 9.2.1 COLLABORATIONS/EXPANSIONS/INVESTMENTS/ACQUISITION 126 9.3 COMPETITIVE BENCHMARKING 127 10 COMPANY PROFILES 10.1 INEOS 128 10.1.1 COMPANY OVERVIEW 128 10.1.2 FINANCIAL OVERVIEW 128 10.1.3 PRODUCTS OFFERED 129 10.1.4 KEY DEVELOPMENTS 129 10.1.5 SWOT ANALYSIS 129 10.1.6 KEY STRATEGIES 130 10.2 HALTERMANN CARLESS DEUTSCHLAND GMBH 131 10.2.1 COMPANY OVERVIEW 131 10.2.2 FINANCIAL OVERVIEW 131 10.2.3 PRODUCTS OFFERED 131 10.2.4 KEY DEVELOPMENTS 131 10.2.5 SWOT ANALYSIS 132 10.2.6 KEY STRATEGIES 132 10.3 JILIN BEIHUA FINE CHEMICAL CO., LTD 133 10.3.1 COMPANY OVERVIEW 133 10.3.2 FINANCIAL OVERVIEW 133 10.3.3 PRODUCTS OFFERED 133 10.3.4 KEY DEVELOPMENTS 133 10.3.5 SWOT ANALYSIS 134 10.3.6 KEY STRATEGIES 134 10.4 CHEVRON PHILLIPS CHEMICAL COMPANY 135 10.4.1 COMPANY OVERVIEW 135 10.4.2 FINANCIAL OVERVIEW 135 10.4.3 PRODUCTS OFFERED 135 10.4.4 KEY DEVELOPMENTS 135 10.4.5 SWOT ANALYSIS 136 10.4.6 KEY STRATEGIES 136 10.5 LIAONING YUFENG CHEMICAL CO., LTD 137 10.5.1 COMPANY OVERVIEW 137 10.5.2 FINANCIAL OVERVIEW 137 10.5.3 PRODUCTS OFFERED 137 10.5.4 KEY DEVELOPMENTS 137 10.5.5 SWOT ANALYSIS 138 10.5.6 KEY STRATEGIES 138 10.6 SOUTH HAMPTON RESOURCES 139 10.6.1 COMPANY OVERVIEW 139 10.6.2 FINANCIAL OVERVIEW 139 10.6.3 PRODUCTS OFFERED 140 10.6.4 KEY DEVELOPMENTS 140 10.6.5 SWOT ANALYSIS 140 10.6.6 KEY STRATEGIES 140 10.7 MARUZEN PETROCHEMICAL CO., LTD 141 10.7.1 COMPANY OVERVIEW 141 10.7.2 FINANCIAL OVERVIEW 141 10.7.3 PRODUCTS OFFERED 141 10.7.4 KEY DEVELOPMENTS 141 10.7.5 SWOT ANALYSIS 142 10.7.6 KEY STRATEGIES 142 10.8 HALDIA PETROCHEMICALS LIMITED 143 10.8.1 COMPANY OVERVIEW 143 10.8.2 FINANCIAL OVERVIEW 143 10.8.3 PRODUCTS OFFERED 143 10.8.4 KEY DEVELOPMENTS 143 10.8.5 SWOT ANALYSIS 144 10.8.6 KEY STRATEGIES 144 10.9 YEOCHUN NCC CO., LTD 145 10.9.1 COMPANY OVERVIEW 145 10.9.2 FINANCIAL OVERVIEW 145 10.9.3 PRODUCTS OFFERED 145 10.9.4 KEY DEVELOPMENTS 145 10.9.5 SWOT ANALYSIS 146 10.9.6 KEY STRATEGIES 146 10.10 SK CHEMICALS CO., LTD 147 10.10.1 COMPANY OVERVIEW 147 10.10.2 FINANCIAL OVERVIEW 147 10.10.3 PRODUCTS OFFERED 147 10.10.4 KEY DEVELOPMENTS 148 10.10.5 SWOT ANALYSIS 148 10.10.6 KEY STRATEGIES 148"