The market for cyclopentane is expected to grow at a high CAGR of 7.4% from 2021 to 2031, reaching US$ 770 million. In 2020, cyclopentane sales were estimated to be worth 367 million dollars. In 2020, global cyclopentane consumption was around 216-kilo tonnes, and it is expected to grow at a volume CAGR of around 6.8% through 2031.
According to Fact.MR, market research and competitive intelligence firm, the global cyclopentane (C Pentane) market will continue to be influenced by broader developments in the refrigerant and construction industries, with strong consumption potential.
By Product Type
- Foam-blowing Agent
- Solvents and Reagents
- Below 90% Cyclopentane
- 90-95% Cyclopentane
- 95% and Above Cyclopentane
- Residential Refrigerators
- Commercial Refrigerators
- Insulated Containers and Sippers
- Insulating Construction Material
- Analytical and Scientific Applications
Environment of competition
The competitive landscape of the cyclopentane market reveals that the top cyclopentane manufacturers include
- Chevron Phillips Chemical Company LLC
- Dymatic Chemicals Inc.,
- LG Chem Ltd.
All of these companies are concentrating on increasing market appeal, focusing on delivery, expanding their portfolios, and developing their brands.
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