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.
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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).
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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
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