Press release
Cyclopentanone Market Size, Share, Development by 2024
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Cyclopentanone is a clear colourless liquid organic compound with a peppermint-like odour and is a cyclic ketone. It is mainly as an intermediate for synthesis of fragrance, pharmaceuticals, rubber, etc. And it is used also as a solvent for electronic applications.
Scope of the Report:
Cyclopentanone is a clear colorless liquid with a petroleum-like odor. It is commonly used as an intermediate for synthesis pharmaceuticals, perfumery products and aromas. As for the downstream application, fragrance is the largest market, which accounted for 56.75% of the consumption in 2016.
At present, the mainstream production of cyclopentanone is adipic acid thermal decomposition method. However, it has some disadvantages, such as the shortage of raw materials, high cost and more secondary reaction. On the contrary, the cyclopentene oxidation method has adequate resources and is estimated to be the most promising cyclopentanone synthesis method.
The production of cyclopentanone distributed Mainly in Europe and Japan. West Europe is the largest production base of cyclopentanone in the world in the past years and it will keep the same position in the next few years. The West Europe took up 49.59% Share in the global production market in 2016.
The worldwide market for Cyclopentanone is expected to grow at a CAGR of roughly -1.4% over the next five years, will reach 103.5 million US$ in 2024, from 111 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Cyclopentanone in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Solvay
BASF
Zeon
Caffaro
FREESIA CHEMICALS
Zhejiang NHU
Huifu
WanXiang International
Shandong Guorun Chemical
Pearlk Chemical Materials
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Electronic grade
Industrial grade
Pharmaceutical grade
Market Segment by Applications, can be divided into
Fragrance
Pharmaceuticals
Electronics
Rubber
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-cyclopentanone-market_p135176.html
Related Information:
North America Cyclopentanone Market Growth 2019-2024
United States Cyclopentanone Market Growth 2019-2024
Asia-Pacific Cyclopentanone Market Growth 2019-2024
Europe Cyclopentanone Market Growth 2019-2024
EMEA Cyclopentanone Market Growth 2019-2024
Global Cyclopentanone Market Growth 2019-2024
China Cyclopentanone Market Growth 2019-2024
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