Global Cyclopentane Market Projections & Opportunity Forecast during the Period 2017-26

Posted on 2018-06-22 by Mark Hub in Industrial, Retail // 0 Comments

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Dublin 2, Ireland, 2018-Jun-22 — /EPR Network/ — The market for cyclopentane is set to gain staggering growth, as a novel research study presented by Fact. MR’s research experts projects an astounding 6.8% CAGR through the year 2017-26. The research report titled, “Cyclopentane Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” is a comprehensive and valuable source of information and analysis on global market. Covering key industry developments and market opportunity plan during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects.

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Growing need for the environment friendly insulators has led to an upsurge in demand for the cyclopentane products in the global market. In addition, increasing production of the refrigeration products is projected to impact the global market growth of cyclopentane positively. Fact.MR states that the global cyclopentane market is projected to reflect a CAGR of 5.9% over the forecast period.

Factors Fuelling Global Market Growth

Growth of the global cyclopentane market is mainly bound to micro-economic and macro-economic factors. As the need for storing stock of food products in a particular temperature arise, adoption of the refrigerators and freezers continue to remain high. In addition, growing need for storing range of medical devices and products in low temperature conditions will further continue to rev up demand for refrigeration products in the healthcare industry. Surge in adoption of refrigerators and freezers in the food and beverage, healthcare, and pharmaceutical industry will continue to boost sales of the insulators globally.

Government in various countries have imposed regulations pertaining to adoption of environment friendly insulation materials. In order to offer environment friendly insulation options, manufacturers are witnessing robust demand for the cyclopentane products for manufacturing insulating materials. Unlike FCF and HCFC, cyclopentane possess low potential of ozone penetration attributes. As production of refrigerant products continues to increase in the food and beverage, pharmaceutical, healthcare, and construction industry, demand for the cyclopentane products will continue to increase significantly.

Surge in production of adhesives and coatings for packaging purposes will continue to rev up demand for resins globally. As demand for resins continues to increase for the production of fiberglass reinforcements, composite materials and carbon fiber, sales of cyclopentane is projected to increase globally. Growing production of composite materials, adhesives, carbon fiber and fiberglass reinforcement is further projected to contribute towards the global market growth of cyclopentane.

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Production of Refrigeration Products to Boost Demand

Demand for cyclopentane is mainly derived from increasing production of various refrigerating products. Surge in demand for freezers and refrigeration products in the residential, automotive, food and beverage, and construction industry has led manufacturers to develop effective insulating foams. In addition, production of epoxy resins for composite materials, carbon fiber and fiberglass reinforcements is further expected to contribute towards growth of the global cyclopentane market during the forecast period.

Demand for Environment Friendly Products to Impact Global Market Growth

Attributed to comparatively low potential of global warming and ozone depletion, manufacturers are increasingly looking for options that have low environmental impact. As cyclopentane possesses comparatively low ozone depletion features, manufacturers are increasingly witnessing demand for cyclopentane for production of the perfumes and adhesives. With the growing need for manufacturing range of paints, coatings, pharmaceutical and food products, demand for cyclopentane is expected to remain high in the global market. Increasing production of heaters, refrigerators and other chemical solvents will continue to impact growth of the global market of cyclopentane during the forecast period.

However, various factors are expected to impact growth of the global cyclopentane market negatively. Ingesting cyclopentane during the production process can lead to vomiting and nausea due to irritation in the gastrointestinal tract. In addition, exposure to cyclopentane leads to incoordination, loss of consciousness, dizziness, lightheadedness and excitement. Moreover, severe exposure to cyclopentane can result in fatality due to respiratory failure. These factors are expected to inhibit growth of the global cyclopentane market significantly throughout the forecast period.

Table of Content:

1. Global Economic Outlook

2. Global Cyclopentane Market – Executive Summary

3. Global Cyclopentane Market Overview
3.1. Introduction
3.1.1. Global Cyclopentane Market Taxonomy
3.1.2. Global Cyclopentane Market Definition
3.2. Global Cyclopentane Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Cyclopentane Market Y-o-Y Growth
3.3. Global Cyclopentane Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. PESTLE Analysis
3.8. List of Distributors
3.9. Key Participants Market Presence (Intensity Map) By Region

4. Global Cyclopentane Market Analysis and Forecast 2012-2026
4.1. Global Cyclopentane Market Size and Forecast By Product Type, 2012-2026
4.1.1. Foam-Blowing Agent Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (MT) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region

Continued….

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