Press release
Cyclopentane Market Volume Analysis, Segments, Value Share and Key Trends 2020-2030
The global cyclopentane market is projected to witness an uptick, registering an impressive growth rate of 8% by 2030. This positive development can be ascribed to improvements in the quality of fridge protection materials, supplanting of HCFCs with cyclopentane as a frothing specialist for polyurethane froths, and reception of cyclopentane by noticeable cooler makers as an alternative over ozone depleting substance producing materials in the protection procedure.
Cyclopentane finds its application in commercial and residential refrigerators and as an insulator in the construction industry.
To get in-depth information view the report @https://www.factmr.com/report/371/cyclopentane-market
Furthermore, favorable regulatory policies and strategies are poised to phase out the usage of high-GWP and air polluting refrigerants like HCFCs, and increase usage of low-GWP refrigerants like cyclopentane in domestic as well as transport refrigeration applications.
These policies and strategies are expected to be among the most popular trends in the global cyclopentane market in coming years.
For more insights into the Market, Request a Sample of this Report @https://www.factmr.com/connectus/sample?flag=S&rep_id=371
The outbreak of nCoV-19 has impacted demand and supply chain for global consumer electronics products, as a result of nation-wide lockdowns. Furthermore, imposition of these lockdowns has suspended the construction industry and temporary ceased production of non-essential products and services, thus lowering demand for cyclopentane.
Key Takeaways of Global Cyclopentane Market Study:
The global cyclopentane market is expected to create a value opportunity of around US$ 350 Mn during the forecast period, adding 2.2X more value in 2030 as compared to 2020.
Foam-blowing agents segment will continue to influence the demand for cyclopentane market, accounting for more than half of the global share, as a result of better quality and high reliability.
China and India will continue to maintain their supremacy in cyclopentane market owing to high population density and ascending demand for commercial and residential refrigerators.
Access Research Methodology Prepared By Experts @https://www.factmr.com/connectus/sample?flag=RM&rep_id=371
Cyclopentane market in Europe is poised to grow at a healthy CAGR of 8% through 2030.
Japan is estimated to be the most lucrative market in terms of revenue generation, currently valued at US$ 23 Mn and is expected to show prolific expansion over the forecast period
“Favorable regulatory compliance with respect to emissions of CFCs and mounting demand for refrigerators is anticipated to drive the growth of the cyclopentane market”, says a Fact.MR analyst.
Key Players Focusing on Geographical Expansion and Acquisitions to Increase their Market Shares
The prominent players in the global cyclopentane market are Chevron Phillips Chemical Company LLC., Dymatic Chemicals, Inc., LG Chem., Ltd., Yeochun NCC Co. Ltd., Trecora Resources, Ineos Group Limited, Merck & Co Inc., Maruzen Petrochemical Co., Ltd. and Haldia Petrochemicals Limited. These players are adopting aggressive growth strategies for establishing global foot-print to ensure their production capacity meets increasing demand, along with their presence in regional markets. For instance, CPChem announced completion of expansion of an ethylene plant at its Sweeny complex in Old Ocean, Texas, the US. In September 2018, LG Chem acquired a US-based adhesive firm, Uniseal, Inc.
More Valuable Insights on Cyclopentane Market:
Fact.MR, in its new offering, presents an unbiased analysis of the global cyclopentane market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on the cyclopentane market on the basis of product type (foam-blowing agent and solvent and reagents) and application (residential refrigerators, commercial refrigerators, insulated containers and sippers, insulating construction material, scientific application and others) across six major regions.
About the Chemicals & Materials Division at Fact.MR
To get in-depth insights on the regional landscape of the market, ask an analyst here @https://www.factmr.com/connectus/sample?flag=AE&rep_id=371
Expert analysis, actionable insights, and strategic recommendations – the Chemicals & Materials team at Fact.MR assists clients with unique business intelligence needs on a global level. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the Chemicals & Materials industry lucidly in 50+ countries for over a decade. The chemicals & materials team at Fact.MR assists clients in their business expansion as well as new ventures, through hawk-eyed analysis and strategic recommendations.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Cyclopentane finds its application in commercial and residential refrigerators and as an insulator in the construction industry.
To get in-depth information view the report @https://www.factmr.com/report/371/cyclopentane-market
Furthermore, favorable regulatory policies and strategies are poised to phase out the usage of high-GWP and air polluting refrigerants like HCFCs, and increase usage of low-GWP refrigerants like cyclopentane in domestic as well as transport refrigeration applications.
These policies and strategies are expected to be among the most popular trends in the global cyclopentane market in coming years.
For more insights into the Market, Request a Sample of this Report @https://www.factmr.com/connectus/sample?flag=S&rep_id=371
The outbreak of nCoV-19 has impacted demand and supply chain for global consumer electronics products, as a result of nation-wide lockdowns. Furthermore, imposition of these lockdowns has suspended the construction industry and temporary ceased production of non-essential products and services, thus lowering demand for cyclopentane.
Key Takeaways of Global Cyclopentane Market Study:
The global cyclopentane market is expected to create a value opportunity of around US$ 350 Mn during the forecast period, adding 2.2X more value in 2030 as compared to 2020.
Foam-blowing agents segment will continue to influence the demand for cyclopentane market, accounting for more than half of the global share, as a result of better quality and high reliability.
China and India will continue to maintain their supremacy in cyclopentane market owing to high population density and ascending demand for commercial and residential refrigerators.
Access Research Methodology Prepared By Experts @https://www.factmr.com/connectus/sample?flag=RM&rep_id=371
Cyclopentane market in Europe is poised to grow at a healthy CAGR of 8% through 2030.
Japan is estimated to be the most lucrative market in terms of revenue generation, currently valued at US$ 23 Mn and is expected to show prolific expansion over the forecast period
“Favorable regulatory compliance with respect to emissions of CFCs and mounting demand for refrigerators is anticipated to drive the growth of the cyclopentane market”, says a Fact.MR analyst.
Key Players Focusing on Geographical Expansion and Acquisitions to Increase their Market Shares
The prominent players in the global cyclopentane market are Chevron Phillips Chemical Company LLC., Dymatic Chemicals, Inc., LG Chem., Ltd., Yeochun NCC Co. Ltd., Trecora Resources, Ineos Group Limited, Merck & Co Inc., Maruzen Petrochemical Co., Ltd. and Haldia Petrochemicals Limited. These players are adopting aggressive growth strategies for establishing global foot-print to ensure their production capacity meets increasing demand, along with their presence in regional markets. For instance, CPChem announced completion of expansion of an ethylene plant at its Sweeny complex in Old Ocean, Texas, the US. In September 2018, LG Chem acquired a US-based adhesive firm, Uniseal, Inc.
More Valuable Insights on Cyclopentane Market:
Fact.MR, in its new offering, presents an unbiased analysis of the global cyclopentane market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges essential insights on the cyclopentane market on the basis of product type (foam-blowing agent and solvent and reagents) and application (residential refrigerators, commercial refrigerators, insulated containers and sippers, insulating construction material, scientific application and others) across six major regions.
About the Chemicals & Materials Division at Fact.MR
To get in-depth insights on the regional landscape of the market, ask an analyst here @https://www.factmr.com/connectus/sample?flag=AE&rep_id=371
Expert analysis, actionable insights, and strategic recommendations – the Chemicals & Materials team at Fact.MR assists clients with unique business intelligence needs on a global level. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the Chemicals & Materials industry lucidly in 50+ countries for over a decade. The chemicals & materials team at Fact.MR assists clients in their business expansion as well as new ventures, through hawk-eyed analysis and strategic recommendations.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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