This report studies the global Cyclopentane industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
Cyclopentane is a highly flammable alicyclic hydrocarbon with chemical formula C5H10 , consisting of a ring of five carbon atoms each bonded with two hydrogen atoms above and below the plane. It occurs as a colorless liquid with a petrol-like odor. Its melting point is −94 °C and its boiling point is 49 °C.
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As to the cyclopentane downstream application, foaming agents are its largest downstream market, which shares 91.20% of the consumption in 2016. Now, some companies are beginning to develop new materials to substitute it, because it is not satisfactory in in terms of thermal conductivity.
At present, the manufacturers of cyclopentane are concentratedin Europe, USA, Japan, China. China is the largest consumption area in the world, which occupied about 38% in 2016. The follow areas are Europe, USA. The global production of cyclopentane increases from 103 K MT in 2012 to 123 K MT in 2016. In the world wide, the top five manufacturers of cyclopentane are Beijing Eastern Acrylic, DYMATIC Chemicals (Meilong Cyclopentane Chemical), Haltermann, Chevron Phillips, Maruzen Petrochemical.
We tend to believe that this industry still has a bright future, considering the current demand of foam agents. The product price will keep a stable trend in the next five years. Similarly, there will be fluctuations in gross margin.
The global Cyclopentane market is valued at 210 million USD in 2017 and is expected to reach 240 million USD by the end of 2025, growing at a CAGR of 2.0% between 2018 and 2025.
This research report categorizes the China and global Cyclopentane market by type, end-use industry, and region.
International Manufacturers Covered
- Chevron Phillips
- Maruzen (Chemiway)
- South Hampton Resources
- LG Chemecial
- SK Global Chemical
- China Local Manufacturers Covered
- Beijing Eastern Acrylic
- DYMATIC Chemicals
- Jilin Beihua Fine Chemical
- Content <95%
- Content 95%-98%
- Content >98%
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- Chemical Solvent