Use of cyclopentane in Commercial Freezers to Boost Demand for Cyclopentane During Forecast Period 2021-2031

iCrowd Newswire
07 Dec 2021, 09:19 GMT+10

250 Pages Cyclopentane Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry survey by Fact MR, predicts sales of Cyclopentane to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The report offers actionable and valuable market insights of Cyclopentane. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Cyclopentane Market across various industries and regions.

Market Snapshot

Cyclopentane market value to increase at a high CAGR 7.4% over the forecast period of 2021 to 2031 and reach US$ 770 Mn. Cyclopentane sales were valued at US$ 367 Mn in 2020. Global cyclopentane consumption stood at around 216 kilo tons in 2020, which is poised to increase at a volume CAGR of around 6.8% through 2031.

The global cyclopentane (C Pentane) market will continue to be influenced by broader developments in the refrigerant and construction industries and resonate strong consumption potential, evaluates Fact.MR, a market research and competitive intelligence provider.

However, government regulations have been another major influencing factor for the demand growth of cyclopentane, as restrictions on the use of CFCs, HFCs, and HCFCs with HC have prompted end users to look for better and eco-friendly alternatives.

Nevertheless, market growth has remained steady on account of wide ranging applications of cyclopentane in the construction sector, where it is used as an insulating material. Mounting demand as a substitute for chlorofluorocarbon in refrigerators is thereby opening up numerous market opportunities for cyclopentane uses globally.

Cyclopentane Market Size Value in 2020

US$ 367 Mn

Forecasted Sales of Cyclopentane by 2031

US$ 770 Mn

Global Market Growth Rate

7.4% CAGR

North America Market Size in 2020

US$ 81 Mn

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Cyclopentane market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Cyclopentane

This newly published and insightful report sheds light on Market Insights of Cyclopentane, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Cyclopentane Market.

Key Segments Covered in Cyclopentane Industry Research

By Product Type
- Foam-blowing Agent
- Solvents and Reagents

By Purity
- Below 90% Cyclopentane
- 90-95% Cyclopentane
- 95% and AboveCyclopentane

By Application
- Residential Refrigerators
- Commercial Refrigerators
- Insulated Containers and Sippers
- Insulating Construction Material
- Analytical and Scientific Applications
- Others

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Cyclopentane Market- Scope of Report

A recent study by Fact.MR on the cyclopentane market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of cyclopentane. The study also provides dynamics that are responsible for influencing the future status of the cyclopentane market over the forecast period.

A detailed assessment of cyclopentane value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies manufacturing cyclopentane, along with their production capacity analysis, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including speculative and current production capacity, capacity utilization rates, captive consumption rates, grade-wise pricing, revenue growth and list of consumers with consumption quantity, trade analysis, product enhancements, and revenue generation from cyclopentane across the globe.

A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account revenue through cyclopentane during the forecast period.

Analysis on Market Size Evaluation

Cyclopentane market has been analyzed for each market segment, in terms of volume (Tons) and value (US $ Mn).

Market estimates at global and regional levels for cyclopentane are available in terms of "US$ Mn" for value and in "tons" for volume. A Y-o-Y growth contrast on prominent cyclopentane market segments, along with the market attractiveness evaluation has been incorporated in the report.

Furthermore, the absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve along with identifying potential resources, considering sales and distribution perspective in the global cyclopentane market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which help deliver projections on regional markets. These chapters include the regional macros (political economic, and business environment outlook), which are expected to have a momentous influence on the growth of cyclopentane market during the forecast period.

Country-specific valuation on demand for cyclopentane has been offered for each regional market, along with the market scope estimates and forecasts, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition

The report sheds light on leading manufacturers of cyclopentane along with their detailed profiles. Essential and Up-to-date data related to market performers who are principally engaged in the production of cyclopentane has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as production sites & capacities, product portfolios, channel partners, prominent consumers, and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the cyclopentane market.

Key Takeaways from Market Study

Global cyclopentane market is anticipated to add nearly 2X value by 2031.

Demand for foam-blowing agents is anticipated to hold dominance over the forecast period and surge at a CAGR 7.5%.

Insulating construction material application has the highest use case potential of cyclopentane in terms of market acceptance. This application segment is anticipated to surge at a CAGR of 7.3% over the decade.

Cyclopentane use in residential refrigerator application is projected to grow 1.6X in value by 2031. Housewear application, on the other hand, is projected to grow 2.1X in value over the same time period.

"Global cyclopentane market to expand twofold by 2031, and this growth is attributed to its rising adoption in refrigerant and construction industries," says a Fact.MR analyst.

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Report Benefits & Key Questions Answered

Cyclopentane Company & brand share analysis: The report offers brand-share analysis on Cyclopentane market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.

Cyclopentane Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.

Cyclopentane Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.

Cyclopentane Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.

Cyclopentane Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.

Post COVID consumer spending on Cyclopentane: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Cyclopentane sales.

More Valuable Insights on Cyclopentane Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Cyclopentane, Sales and Demand of Cyclopentane, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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