Cyclopentane Market, 2023 by Function (Blowing Agent & Refrigerant, Solvent & Reagent), Application (Residential Refrigerator, Commercial Refrigerator, Insulated containers and sippers, and Others) - ResearchAndMarkets.com
The "Cyclopentane Market by Function (Blowing Agent & Refrigerant, Solvent & Reagent), Application (Residential Refrigerator, Commercial Refrigerator, Insulated containers and sippers, and others), and Region - Global Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering
The market size of cyclopentane is estimated to be USD 242.4 million in 2018 and is projected to reach USD 335.7 million by 2023, at a CAGR of 6.7%. Reduction in the use of fluorinated blowing agent & refrigerant plays an important role in driving the market.
Cyclopentane as a blowing agent is one of the cost-effective solutions after the phase-out of HCFC-141b. Cyclopentane offers the highest initial R-value, good peel adhesion, and good solubility/compatibility with existing raw materials. Many foam manufacturers have chosen cyclopentane to replace HCFC-141b for reduced cost and low ODP and GWP. This is expected to drive its demand as a blowing agent & refrigerant during the forecast period.
Residential refrigerants are the largest consumer of cyclopentane, as it is widely used as a blowing agent & refrigerant in this application. The planned phase-out of fluorinated blowing agents is promoting the use of cyclopentane for this application.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Cyclopentane Market, By Function
7 Cyclopentane Market, By Application
8 Cyclopentane Market, By Region
9 Competitive Landscape
10 Company Profiles
- Additional Company Profiles
- Chevron Phillips Chemical Company LLC
- DYMATIC Chemicals,Inc
- HCS Group
- INEOS
- Jilin Beihua Fine Chemical Co, Ltd
- Liaoning Yufeng Chemical Co, Ltd
- Maruzen Petrochemical
- SK Global Chemical Co, Ltd
- South Hampton Resources
- YEOCHUN NCC Co, Ltd
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181025005575/en/