Press release
Global Cyclopentane Market to Expand Two-Fold by 2030, Growth Attributed to Rising Adoption in Refrigerant and Construction Industries, Fact.MR
Cyclopentane Market
Get Complete Synopsis of this Report - https://www.factmr.com/report/371/cyclopentane-market
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.
Click Here To get a Sample Report (Including Full TOC, Table & Figures) :-https://www.factmr.com/connectus/sample?flag=S&rep_id=371
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.
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.
Connect To an Expert :-https://www.factmr.com/connectus/sample?flag=AE&rep_id=371
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. Cyclopentane market in Europe is poised to grow at a healthy CAGR of 8% through 2030.
To Get All-In Insights On the Regional Landscape of The Report Market, Buy Now:-https://www.factmr.com/checkout/371/S
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.
Need More information about Report Methodology? Click Here :-https://www.factmr.com/connectus/sample?flag=RM&rep_id=371
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.
Read More Trending Reports of Fact.MR: -https://www.prnewswire.com/news-releases/extensive-usage-of-isoprenol-in-agrochemical--pharmaceutical-industry-to-push-sales-factmr-301295034.html
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.
Explore Fact.MR’s Comprehensive Coverage on Chemical & Materials Landscape
Liquid Polybutadiene Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031
Polymer Seals Market- Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031
Die Bonding Pastes Market- Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031
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
Visit Our Website:
https://www.factmr.com
Research Insight:
https://www.factmr.com/report/371/cyclopentane-market
Content Source:
https://www.factmr.com/media-release/1521/cyclopentane-market-trends
About Fact.MR:
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Cyclopentane Market to Expand Two-Fold by 2030, Growth Attributed to Rising Adoption in Refrigerant and Construction Industries, Fact.MR here
News-ID: 2294433 • Views: …
More Releases from Fact.MR
Insights into the Medical Gloves Market to Exceed US$ 27 Billion by 2034
The global medical gloves market (医療用手袋市場) is projected to reach a valuation of over US$ 27,141.5 million by 2034, growing from an estimated worth of US$ 11,299 million in 2024, with a forecasted compound annual growth rate (CAGR) of 9.2% until 2034.
The increasing emphasis on hygiene and infection control, particularly in healthcare environments, is driving demand for medical gloves. This demand is further fueled by stringent regulations governing healthcare standards.…
Aerial Inspection Services Market is accelerate at a CAGR of 17.5% to top US$ 9. …
The global Aerial Inspection Services is expected to reach a value of US$ 1.9 billion and is projected to grow at a compound annual growth rate (CAGR) of 17.5% over the next decade, reaching US$ 9.5 billion by 2033.Drone inspection services dominate this market, accounting for approximately 90.0% of the total aerial inspection services sector. Moreover, this segment represents a significant portion, around 25.0%, of the broader drone services market,…
Bioink Market Expected to Reach US$ 1.03 Billion by 2034 with 18.8% CAGR
In 2024, the global bioink market (バイオインク市場) is estimated at US$ 185.6 million. Forecasts project a remarkable Compound Annual Growth Rate (CAGR) of 18.8%, catapulting the demand for bioinks to reach a substantial market value of US$ 1.03 billion by 2034.
Recent years have witnessed a consistent rise in the necessity for organ replacements and tissue regeneration. Innovations in these fields are anticipated to facilitate the transformation of damaged tissues into…
Bonded Magnet Market is forecast to reach a valuation of US$ 10.9 Billion by 203 …
The Bonded Magnet Market is currently valued at around US$ 5.1 billion, and it is expected to experience substantial growth in the coming years. Projections suggest that the market will reach a valuation of US$ 10.9 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 7.8% from 2022 to 2032.
Bonded magnets play a significant role in the global magnet market, accounting for approximately 14% of its…
More Releases for Cyclopentane
Global Cyclopentane Market Report - Forecasts to 2026
According to a new market research report published by Global Market Estimates, the Global Cyclopentane Market will expand at a CAGR value of 7.52% to reach USD 378.61 million by 2026 from USD 258.37 million by 2021. The global market for Cyclopentane is growing rapidly owing to factors such as rising demand for Cyclopentane in commercial refrigerator segment, increasing demand for environmentally friendly electronic devices, increasing product launch activities and…
Cyclopentane Market to Witness Widespread Expansion by 2026
The global cyclopentane market was valued at US$ 284,460.87 Thousand in 2017 and is anticipated to expand at a CAGR of 6.6% from 2018 to 2026, according to a new report titled 'Cyclopentane Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026,' published by Transparency Market Research (TMR). The global cyclopentane market is driven by rise in the demand for climate-friendly refrigerators from the consumer electronics industry. Europe…
Cyclopentane Market Expansion to be Persistent During 2026
Growing production of the refrigeration products has led to surge in demand for cyclopentane globally. In addition, increasing demand for resins for the production of coatings and adhesives is expected to impact growth of the global cyclopentane market positively.
This report, compiled by XploreMR, provides in-depth analysis of the global cyclopentane market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
Click Here to Get…
Cyclopentane Market to Garner Brimming Revenues by 2026
Growing production of the refrigeration products has led to surge in demand for cyclopentane globally. In addition, increasing demand for resins for the production of coatings and adhesives is expected to impact growth of the global cyclopentane market positively. This report, compiled by XploreMR, provides in-depth analysis of the global cyclopentane market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
Scope:
The scope of the…
Cyclopentane Market Expansion to be Persistent During 2026
Growing production of the refrigeration products has led to surge in demand for cyclopentane globally. In addition, increasing demand for resins for the production of coatings and adhesives is expected to impact growth of the global cyclopentane market positively.
This report, compiled by Fact.MR, provides in-depth analysis of the global cyclopentane market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
Report overview @ https://www.xploremr.com/report/417/cyclopentane-market
Scope:
The…
Cyclopentane Market Estimated to Flourish at by 2026
Growing production of the refrigeration products has led to surge in demand for cyclopentane globally. In addition, increasing demand for resins for the production of coatings and adhesives is expected to impact growth of the global cyclopentane market positively. This report, compiled by Fact.MR, provides in-depth analysis of the global cyclopentane market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.
Request to sample report…
