Global Cyclopentane
Market Report
2025
The Cyclopentane market was valued at USD 415 million in 2022 and will reach USD 224.13 million by 2030, registering a CAGR of 7.5% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Cyclopentane market was valued at USD 415 million in 2022 and will reach USD 224.13 million by 2030, registering a CAGR of 7.5% for the forecast period 2023-2030.
2021 | 2025 | 2033 | CAGR | |
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Global Cyclopentane Market Sales Revenue | 121212 | 121212 | 121212 | 7.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Function |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Cyclopentane Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Cyclopentane is five carbon ring structure and it is colorless. It belongs to the class of alkanes. The chemical formula of cyclopentane is C5H10. It is unreactive under normal conditions but highly flammable when heated. cyclopentane has several industrial applications as it is primarily used as a solvent in producing various chemicals, such as resins, pharmaceuticals, and synthetic rubber. It is also used as a blowing agent. Cyclopentane is the potential alternative to hydrofluorocarbon. It is synthesized through the catalytic hydrogenation of benzene or pentene. Cyclopentane provides good insulation properties to refrigerators. It is being explored as a potential fuel component due to its high-octane rating and low carbon content. A high concentration of cyclopentane may cause dizziness and other health effects.
Cyclopentane plays an important role as a refrigerant in refrigerators by absorbing heat from the interior. It provides an environment-friendly alternative to other refrigerants with lower global warming potential. According to the green cooling initiative in 2022, 7.66 million units of domestic refrigeration are sold around the world. Therefore, increasing the sale of refrigerators creates the demand for cyclopentane. The market for cyclopentane is expected to grow in the projected period due to increasing sales of refrigerators.
Cyclopentane is commonly used as a blowing agent in the production of polyurethane foam insulation. Cyclopentane has a low boiling point and high vapor pressure it makes suitable for the blowing purpose. It has lower global warming potential as compared to the other blowing agents. Polyurethane is used in various applications such as building insulations, refrigeration applications, and packaging. It improves energy efficiency and reduces heat transfer. Cyclopentane increases the efficiency of insulation foam by 4% over the R134a foam which is currently used in refrigerators. Therefore, increasing uses of cyclopentane as a blowing agent are expected to drive the market growth of cyclopentane in the upcoming years.
The cyclopentane plant required specialized equipment and infrastructure to handle the production process. The equipment and infrastructure items can be costly to design, manufacture and install. Cyclopentane production involves several complex chemical processes such as hydrogenation and purification. These processes required sophisticated technology to control the process. which can contribute to the higher installation cost. Therefore, these factors may hamper the market growth of the cyclopentane market. Installation costs vary depending on the scale of the plant.
During the COVID-19 pandemic, the Cyclopentane market was adversely impacted. Several manufacturing industries were closed down due to the lockdown. Demand and supply chain was totally disturbed. Manufacturing industries face the challenge of getting raw materials, and labour. During the lockdown, specific refrigerators were sold due to the refrigerator being a necessity and people staying at home at that time. After covid 19 all the industries resumed and sales increased.
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Haltermann Carless became the world’s largest producer of cyclopentane.
Haltermann Carless completed the new hydrogenation plant in Germany. The total production of the company was increased by 70%
Haldia petrochemicals limited acquired the majority of stake in LUMMUS TECHNOLOGY including cyclopentane.
Haldia Petrochemicals Limited (HPL), a flagship company of The Chatterjee Group (TCG) having its manufacturing facility at Haldia, West Bengal, along with an international partner Rhone Capital, has acquired the US-based Lummus Technology at an Enterprise Value (EV) of $ 2.725 Billion (approximately Rs. 20,590 crores).
Top Companies Market Share in Cyclopentane Industry: (In no particular order of Rank)
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Globally, the cyclopentane market on the basis of region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The largest market share of cyclopentane is dominated by Asia Pacific and North America. There is a probability that Asia Pacific will be dominating the cyclopentane market during the projected period. Asia Pacific holds 60% of the world’s population. Industrialization strengthens the economy of developing nations. Increasing the disposable income of an individual spent more on domestic goods. Therefore, considering these factors Asia Pacific will dominate in the cyclopentane market.
North America is also foreseen to account for a remarkable market share in the global Cyclopentane market. This is due to the increasing use of the blowing agent.
The current report Scope analyzes Cyclopentane Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Cyclopentane Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cyclopentane Industry growth. Cyclopentane market has been segmented with the help of its Function, Application , and others. Cyclopentane market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Refrigeration segment is expected to hold the largest market share from the years 2023-2030
The global cyclopentane market is divided into solvent, reagent, blowing agent, and refrigerant. Cyclopentane is a high-quality insulation in the refrigeration industry. Cyclopentane has excellent eco-balance as it is not contributing the ozone depletion and has low global warming potential. It is a sustainable alternative for chlorofluorocarbons and hydrocarbons. The increasing population creates a demand for small domestic refrigerators. Increasing sale of refrigerators per year shows the refrigerator segment hold the largest segment in the upcoming years.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cyclopentane Industry. Request a Free Sample PDF!
The refrigerator segment is expected to show steady growth over the forecasted period.
By application, the global Cyclopentane market is classified into containers and sippers, and refrigerators. According to the green cooling initiative in 2022, 7.66 million domestic refrigerators are sold worldwide. The refrigerators are available in various price range therefore it is affordable for the middle-class population. In addition, industrial refrigerators are also available in the market according to their need. Therefore, the refrigerator segment holds the largest share of the cyclopentane market.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cyclopentane Market is witnessing significant growth in the near future.
In 2023, the Solvent and Reagent segment accounted for noticeable share of global Cyclopentane Market and is projected to experience significant growth in the near future.
The Containers and Sippers segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Haldia Petrochemicals Limited , ZEON CORPORATION and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Function | Solvent and Reagent, Blowing Agent, Refrigerant |
Application | Containers and Sippers, Refrigerators |
List of Competitors | Haldia Petrochemicals Limited, INEOS, ZEON CORPORATION, Meilong Cyclopentane Co. Ltd, Merck KGaA, SINTECO.S.R. L, TRECORA RESOURCES. |
This chapter will help you gain GLOBAL Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review Global Cyclopentane Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review North America Cyclopentane Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review Europe Cyclopentane Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review Asia Pacific Cyclopentane Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review South America Cyclopentane Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review Middle East Cyclopentane Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Cyclopentane. Further deep in this chapter, you will be able to review Middle East Cyclopentane Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Cyclopentane. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Function Analysis 2019 -2031, will provide market size split by Function. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Function Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cyclopentane market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Solvent and Reagent have a significant impact on Cyclopentane market? |
What are the key factors affecting the Solvent and Reagent and Blowing Agent of Cyclopentane Market? |
What is the CAGR/Growth Rate of Containers and Sippers during the forecast period? |
By type, which segment accounted for largest share of the global Cyclopentane Market? |
Which region is expected to dominate the global Cyclopentane Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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