Chemicals and Materials Cyclopentane Market New | Page 2

The residential refrigerators segment is projected to register the highest CAGR
between 2018 and 2023
The residential refrigerators segment is projected to record the highest CAGR in the
cyclopentane market during the forecast period. In the residential refrigerators application,
the use of existing blowing agents is expected to phase-out by 2030s, as they have high ODP
and GWP. This factor has promoted the use of eco-friendly blowing agent & refrigerants,
subsequently driving the demand for cyclopentane.
APAC was the largest market for cyclopentane in 2017
The growth of the Cyclopentane Market in APAC is attributed to the increasing demand
from the residential refrigerators and construction applications, where cyclopentane is
used as a blowing agent and refrigerant. The low-cost and easy availability of raw
materials, skilled labor, land, and equipment have helped APAC emerge as a key destination
for appliances manufacturers, which, in turn, is increasing the use of cyclopentane.
For more information, download PDF brochure at,
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147683634
Some of the key players operating in the cyclopentane market are HCS Group (Germany),
Jilin Beihua Fine Chemical Co., Ltd. (China), DYMATIC Chemicals Inc. (UK), INEOS (UK), and
Liaoning Yufeng Chemical Co., Ltd. (China).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000
companies as clients. Almost 75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth
markets following the "Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most important
customers, write "Attack, avoid and defend" strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now coming up
with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies,
innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for