PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1774598
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1774598
The global cyclopentane market is projected to grow from USD 0.39 billion in 2025 to USD 0.52 billion by 2030, at a CAGR of 6.1% during the forecast period. The cyclopentane market is witnessing robust growth, driven by rising demand for eco-friendly blowing agents and increasing environmental regulations phasing out ozone-depleting substances like HCFCs. Its low global warming potential and zero ozone depletion potential make cyclopentane a preferred substitute in insulation and refrigeration applications.
Scope of the Report | |
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Years Considered for the Study | 2019-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Billion) and Volume (Kiloton) |
Segments | By Function, Application, and Region. |
Regions covered | North America, Asia Pacific, Europe, South America, and the Middle East & Africa |
Rapid urbanization, expanding cold-chain logistics, and the push for energy-efficient appliances further contribute to its growing adoption. Industries such as construction, refrigeration, and automotive are increasingly relying on cyclopentane-based insulation to meet sustainability targets.
"Based on function, the solvents & reagents segment is expected to account for the second-largest market share during the forecast period."
The solvents & reagents segment is expected to account for the second-largest share of the market in terms of value during the forecast period. This reflects cyclopentane's growing utilization in various chemical processes and industrial applications where its stability, volatility, and low environmental impact make it a suitable choice. Its effectiveness as a solvent and reagent in multiple formulations contributes to its expanding role across different end-use industries, supporting its strong market presence beyond primary applications like blowing agents.
"Based on application, the insulating construction materials segment will account for the second-largest share during the forecast period."
The insulating construction materials are expected to account for the second-largest share of the cyclopentane market in terms of volume during the forecast period. Rapid urbanization, infrastructure growth, and rising construction activity, especially in emerging economies, are driving the demand for effective insulation solutions. Cyclopentane-based insulation materials are extensively used in residential, commercial, and industrial buildings due to their ability to enhance energy efficiency and help reduce heating and cooling costs. Additionally, the shift toward sustainable building practices and stricter energy efficiency regulations is further boosting the adoption of cyclopentane in construction insulation. Its low environmental impact and superior thermal insulation properties make it a preferred alternative to traditional blowing agents in the building materials sector.
"Europe expected to account for the second-largest share during the forecast period."
The Europe region is expected to account for the second-largest share of the cyclopentane market in terms of value during the forecast period. Europe is expected to maintain a strong position in the cyclopentane market, holding a significant share during the forecast period. The region's focus on energy efficiency, stringent environmental regulations, and commitment to phasing out ozone-depleting substances are key drivers of cyclopentane adoption. Moreover, well-established construction and refrigeration industries, along with the shift toward sustainable insulation materials, continue to support the region's demand for cyclopentane-based products.
Haltermann Carless Group GmbH (Germany), Junyuan Petroleum Group (China), INEOS (UK), Zeon Corporation (Japan), and Puyang Zhongwei Fine Chemical Co., Ltd. (China) are some of the major players operating in the cyclopentane market. These players have adopted expansions to increase their market share and business revenue.
The report defines, segments, and projects the cyclopentane market based on function, application, and region. It provides detailed information regarding the major factors influencing the market's growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles cyclopentane manufacturers, comprehensively analyzing their market shares and core competencies, and tracks and analyzes competitive developments, such as product launches, acquisitions, agreements, and others.
The report is expected to help the market leaders/new entrants by providing them with the closest approximations of revenue numbers of the cyclopentane market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the market's competitive landscape, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.