Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Cyclopentane Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Cyclopentane Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Cyclopentane
Market over the short as well
as long period of time. A detailed presentation of forecast, trends, and dollar
values of global Cyclopentane Market is offered. In accordance with the report, the global
Cyclopentane Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints
& Opportunity of the Market:
Cyclopentane is categorized under hydrocarbon group and belongs to
the class of cycloalkanes. It consists of a ring of five carbon atoms each
bonded with hydrogen atoms above and below the plane. It is a highly flammable hydrocarbon
with chemical formula C5H10.It is colorless in nature and has a similar odor as
petrol. Its melting point is ?94 °C and its boiling point is 49 °C. It is
formed by cracking cyclohexane in the presence of alumina at a high temperature
and pressure. Cyclopentane is used as a blowing agent in the manufacture of
polyurethane insulating foam.
Development in the refrigerant and construction industries will
influence the cyclopropane market positively
Ø Cyclopentane is preferred over other chemical as it is environment
friendly and increases its utility in many domestic appliances such as
refrigerators and freezer
Increasing awareness about the impact of
greenhouse gases and changing regulatory landscape anticipate the growth of the
market.
Restrictions on use of CFCs, HFCs, and HCFCs with HC by the
government regulations have instigated the end-users to look for alternatives which
can open numerous market opportunities for the cyclopentane market
Cyclopentane finds application as an insulating material in the
construction industries.
Ø The global construction market has increased at a compound annual
growth rate (CAGR) of 6.1% since 2015. The market is then expected to recover
and grow at a CAGR of 7.5% from 2021.
Increasing awareness among people to stay fit anticipate the growth
of the market.
Ø Cyclopentane is used as a blowing specialist in protected holders
and sippers. Sippers are widely being used by sportsperson and gym-going
population
Demand for residential and commercial
refrigerators is projected to act as an opportunity for the market. It is being
used as the foaming agent in refrigerators. Growing urbanization and disposable
income of population across the globe is expected to increase the consumption
of advanced consumer electronics, supporting the growth of cyclopentane market
Ø As per United Nation statistics (2018), 55% of the total global
population lived in urban areas, which is expected to increase to 68% by 2050
The outbreak of Covid-19 has negatively
affected the consumer electronic market and construction industry
High capital investment required for the
establishment of manufacturing unit is expected to serve as a challenge for the
market
Segment Covered:
This market
intelligence report on the global Cyclopentane Market encompasses market segments based on Function,
Application and country.
By Function the global Cyclopentane Market has been
divided into:
·
Blowing agent
& refrigerant
·
Solvent &
reagent
·
Others
By Application the global Cyclopentane Market has been
divided into:
·
Residential
refrigerators
·
Commercial
refrigerators
·
Insulated
containers and sippers
·
Insulating
construction materials
·
Electrical &
electronics
·
Personal care
products
·
Fuel & fuel
additives
·
Others
By country/region, the global Cyclopentane Market has
been divided into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
HCS Group
·
Jilin Beihua Fine
Chemical Co., Ltd
·
DYMATIC
Chemicals Inc.
·
INEOS
·
EQX Material
·
Trecora
Resources
·
Hunan precision
equipment Manufacturing Co. Ltd
·
OCI Company Ltd
·
Liaoning Yufeng
Chemical Co., Ltd
·
Maruzen
Petrochemical
·
Chevron Phillips
Chemical Company LLC
·
YEOCHUN NCC Co.,
Ltd
·
EnC Global
·
South Hampton
Resources
·
SK Global Chemical
Co., Ltd
·
Others
Others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Cyclopentane Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Cyclopentane
Market, size of the market (US$ Mn ), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking
into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Cyclopentane Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Cyclopentane caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Cyclopentane
Market. The research also caters to the rising needs
of consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Cyclopentane Market
v
Identification
of key factors driving investment opportunities in the Cyclopentane
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants