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Cyclopentane Market: Swelling Demand for Foam Blowing Agents Reflects as Expected Volume Is Set to Near 100,000 Units by 2026-End

Demand for Environment Friendly Products to Impact Growth

 

Rockville, MD -- (SBWIRE) -- 05/28/2019 -- Rigid polyurethane foam has been one of the most prevalently used insulating material for domestic refrigerator-freezers where CFC-11 is used as blowing agent. However, technology to replace CFC-11 insulating foam for the refrigerator and freezer sector is of late witnessing robust development.

Over the years, cyclopentane has come up as the most dynamic zero ozone depleting potential alternative to CFC-11 as a blowing agent for rigid insulation foams. European market has gracefully adopted cyclopentane as a foam blowing agent for insulation. Though a few developing countries use CFCs in flexible foam and appliances, the implementation of the actual reduction of CFCs in foams are being witnessed.

Accordingly, rise in the demand for insulating materials for the production of refrigeration products has been the catalyst in the swelling demand for foam blowing agents as the volume is set to account for close to 100,000 units ( precisely 99,200 units) by 2026-end.

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Factors such as joint ventures; awareness; pressure to earn export market and availability of low cost options have led to CFC reduction in developing countries. As such, cyclopentane is not only being used as a blowing agent in the manufacture of polyurethane insulating foam, but also in the manufacture of rubber adhesives and synthetic resins.

Rise in the production of adhesives and coatings for packaging is slated to spur the growth of resins. With upsurge in the production of fiberglass reinforcements, carbon fiber and composite materials, growing demand for resins will have an indirect impact in the sale of cyclopentane.

Having said that, some of the underlying issues pertaining the market has been the increase in the ingestion of cyclopentane in the course of production. Exposure to cyclopentane can lead to lethal respiratory disorders.

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Cyclopentane Market: Synopsis

Quantitative and qualitative analysis accentuate the in-depth and robust report on the cyclopentane market In addition, the report delves on dynamics in the market that are anticipated to have the influence on the growth of the cyclopentane market, comprising drivers, trends, restraints, and opportunities. Additionally, the report also focuses on segmentation of the market to offer a deep-dive analysis on cyclopentane.

The report sheds light on executive summary and overview section, which is aimed at providing a thorough assessment on the cyclopentane market. Further, the overview section delves into value chain analysis, PESTLE analysis, supply chain analysis, and pricing analysis to delineate cyclopentane market exhaustively.

Furthermore, the report elucidates benchmarking to assess the performance of the products and business processes and compare the performances of competitor companies both inside and outside the industry in search for optimal performance.

The report on cyclopentane market counts on primary sources and secondary sources that offer deep dive analysis and include unbiased and authentic sources. The report depends upon primary research substantiated by authentic and veracious analysis from pundits, telephonic interview and in-depth assessment from seasoned analyst, and surveys. On the other hand, the secondary research incorporates press release, EC filing, Factiva, governmental websites, resourceful database, and trade journals.

The robust analysis of the competitive landscape of the cyclopentane market hinges upon Porters' Five Force Analysis. As such, the Porters' Five Force Analysis focuses on the feasible strategies of the pertinent players in the cyclopentane market. Also, the business strategies depend upon product portfolio, company profile, SWOT analysis, key differentiation and recent development.

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