Cyclopentane Market: Application-Specific Refrigerators to Underscore Significant Growth Opportunities
As the need to preserve various food products persist, leading food companies, retail outlets, and restaurants are adopting refrigerators. In addition, growing need to store a range of medical products in cool environment has led to a surge in demand for refrigerators in the healthcare industry. In order to offer effective refrigeration options, manufacturers are concentrating on incorporating features that inhibit moisture condensation and lowers the emission of pollutants. This has led to a surge in demand for environment-friendly insulating materials such as cyclopentane.
Major manufacturers prefer utilizing cyclopentane as compared to other chemicals for insulating refrigerators as it does not contain HFC (hydro-fluorocarbons). Utilizing cyclopentane in the refrigerators has led to lower emission of CO2 and improves the efficiency of insulation foam. In order to improve customer experience, leading manufacturers are focusing on developing refrigerators equipped with various features that can accommodate products in required temperature conditions. Through innovative and application-specific products, leading firms are focusing on attaining a competitive edge in the global market.
Global Cyclopentane Market to Account for More Than 244,400 Units By 2026-End
According to Fact.MR, the global cyclopentane market is expected to record over 244,400 units by 2026-end. With the growing need to store and preserve food and beverage products in restaurants and retail outlets, demand for effective refrigerators will increase globally. As food, beverage, and medical products need to be stored in various temperatures conditions, leading manufacturers are focusing on utilizing insulating materials such as cyclopentane. Imposition of government regulations regarding low emission level has also led manufacturers to utilize insulation materials that are environment-friendly. On the account of this, manufacturers prefer utilizing cyclopentane for insulating refrigerators as compared to propane and isobutene. In addition, cyclopentane for insulating refrigerators will remain high attributed to low ozone penetration features. Besides refrigerators, surge in demand for heaters in the manufacturing industry will also continue to fuel demand for insulating materials. Increasing production of heaters for manufacturing purposes and preservation systems is likely to increase demand for cyclopentane among manufacturers.
As the need for coatings and adhesives in packaging industry persist, demand for resins will remain high. Increasing production of composite materials such as carbon fiber, fiberglass reinforcements, and adhesives, and leads to increasing demand for resins. Manufacturers in the packaging industry prefer utilizing cyclopentane for the production of resins.
However, ingestion of insulating materials such as cyclopentane by workforce during the manufacturing process can lead to vomiting and nausea due to irritation in the gastrointestinal tract. In addition, increasing exposure of the nervous system of workers to cyclopentane leads to unconsciousness, dizziness, lightheadedness, and excitement. Due to these factors, manufacturers prefer opting for alternative products.
With the increasing production of refrigerators, demand for the foam-blowing agents is projected to remain high globally. Foam-blowing agents are expected to record a robust growth in terms of volume in the global market by the end of 2026. In addition, foam-blowing agent is expected to record the fastest growth in terms of volume in the global market throughout 2026. Demand for cyclopentane is projected to remain high for insulation construction materials. In terms of volume, insulation construction material is expected to witness an impressive growth in the global market by 2017-end. On the other hand, residential refrigerators is projected to witness the fastest growth in terms of volume in the global market throughout 2026.
Leading players in the global market are HCS Group GmbH, Exxon Mobil Corporation, ZEON Corporation, Haldia Petrochemicals Limited, Maruzen Petrochemical Co., Ltd., INEOS Group Ltd., Merck & Co. Ltd, Yeochun NCC Co. Ltd., Trecora Resources, LG Chem, Ltd., Beijing Eastern Acrylic Chemical Technology Co., Ltd., Dymatic Chemicals, Inc., and Chevron Phillips Chemical Company LLC.
Global Cyclopentane Market to Account for More Than 244,400 Units By 2026-End
According to Fact.MR, the global cyclopentane market is expected to record over 244,400 units by 2026-end. With the growing need to store and preserve food and beverage products in restaurants and retail outlets, demand for effective refrigerators will increase globally. As food, beverage, and medical products need to be stored in various temperatures conditions, leading manufacturers are focusing on utilizing insulating materials such as cyclopentane. Imposition of government regulations regarding low emission level has also led manufacturers to utilize insulation materials that are environment-friendly. On the account of this, manufacturers prefer utilizing cyclopentane for insulating refrigerators as compared to propane and isobutene. In addition, cyclopentane for insulating refrigerators will remain high attributed to low ozone penetration features. Besides refrigerators, surge in demand for heaters in the manufacturing industry will also continue to fuel demand for insulating materials. Increasing production of heaters for manufacturing purposes and preservation systems is likely to increase demand for cyclopentane among manufacturers.
As the need for coatings and adhesives in packaging industry persist, demand for resins will remain high. Increasing production of composite materials such as carbon fiber, fiberglass reinforcements, and adhesives, and leads to increasing demand for resins. Manufacturers in the packaging industry prefer utilizing cyclopentane for the production of resins.
However, ingestion of insulating materials such as cyclopentane by workforce during the manufacturing process can lead to vomiting and nausea due to irritation in the gastrointestinal tract. In addition, increasing exposure of the nervous system of workers to cyclopentane leads to unconsciousness, dizziness, lightheadedness, and excitement. Due to these factors, manufacturers prefer opting for alternative products.
With the increasing production of refrigerators, demand for the foam-blowing agents is projected to remain high globally. Foam-blowing agents are expected to record a robust growth in terms of volume in the global market by the end of 2026. In addition, foam-blowing agent is expected to record the fastest growth in terms of volume in the global market throughout 2026. Demand for cyclopentane is projected to remain high for insulation construction materials. In terms of volume, insulation construction material is expected to witness an impressive growth in the global market by 2017-end. On the other hand, residential refrigerators is projected to witness the fastest growth in terms of volume in the global market throughout 2026.
Leading players in the global market are HCS Group GmbH, Exxon Mobil Corporation, ZEON Corporation, Haldia Petrochemicals Limited, Maruzen Petrochemical Co., Ltd., INEOS Group Ltd., Merck & Co. Ltd, Yeochun NCC Co. Ltd., Trecora Resources, LG Chem, Ltd., Beijing Eastern Acrylic Chemical Technology Co., Ltd., Dymatic Chemicals, Inc., and Chevron Phillips Chemical Company LLC.
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