Chemicals and Materials Cyclopentane Market New

According to the new market research report [117 pages] "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", published by MarketsandMarkets™, the Cyclopentane market is projected to grow from USD 242.4 million in 2018 to reach USD 335.7 million by 2023, at a CAGR of 6.7%. The growth of the market can be attributed to the use of cyclopentane as a blowing agent & refrigerant. The major drivers for the market include the phase-out of HCFCs by 85% by the late 2040s. Browse 65 market data Tables and 42 Figures spread through 117 Pages and in-depth TOC on "Cyclopentane Market https://www.marketsandmarkets.com/Market-Reports/cyclopentane-market- 147683634.html# Early buyers will receive 10% customization on this report. Among function, the blowing agent & refrigerant market had the largest market share in 2017 On the basis of function, the cyclopentane market has been segmented into blowing agent & refrigerant, solvent & reagent, and others. The blowing agent & refrigerant segment accounted for the largest share of the cyclopentane market in 2017 and is projected to register the highest CAGR during the forecast period. The demand for cyclopentane is expected to increase, during the forecast period, owing to the planned phase-out of cyclopentane by 85% by the late 2040s.