1 / 7

Cyclopentane Market Growth Factor And Forecast Report By 2026

The study take a closer look at the key driving forces, restraints, and opportunities responsible for determining the future of the market, for the forecast period 2019 - 2026.

dipikavelekar
Download Presentation

Cyclopentane Market Growth Factor And Forecast Report By 2026

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Cyclopentane Market To Reach USD 400.3 Million By 2026 www.reportsanddata.com sales@reportsanddata.com

  2. 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 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. 

  3. Our Approach Market Summary 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. Increasing use of cyclopentane in refrigerators, growing demand for resins for the production of coating and adhesives, its wide application over a majority of industries and analytical & scientific applications such as manufacturing of reinforcement and composite materials of fiberglass and carbon fiber, are some of the key factors propelling market growth in the industry. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2222

  4. 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. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/cyclopentane-market

  5. Our Approach Market Summary Key participants 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. For the purpose of this report, Reports and Data has segmented the Cyclopentanes market on the basis of function, application, and region: Function (Revenue, USD Million; Volume in Kilo Tons, 2016–2026) Blowing agent & Refrigerant Solvent & Reagent Others

  6. Our Approach Market Summary Application (Revenue, USD Million; Volume in Kilo Tons, 2016–2026) Residential Refrigerants Commercial Refrigerants Insulated containers & sippers Electrical & Electronics Insulating construction materials Care products Fuel & Fuel additives Others Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) North America Europe Asia Pacific MEA Latin America Order Now: https://www.reportsanddata.com/checkout-form/2222

  7. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Our Approach About Us

More Related