Cyclopentane Market Analysis Shows Feedstock Price Impacts
The global cyclopentane market was valued at USD 358.5 million in 2021 and is projected to reach USD 675.7 million by 2030, registering a CAGR of 7.3% from 2022 to 2030. Market growth is primarily driven by the rising demand for refrigerators, insulated containers, and construction insulation materials, where cyclopentane is increasingly used as an efficient and environmentally friendly blowing agent. Stringent government regulations aimed at phasing out hydrochlorofluorocarbons (HCFCs) are a key factor supporting the increased adoption of cyclopentane as a viable alternative. Policies promoting sustainable materials and environmentally responsible manufacturing practices have accelerated the use of cyclopentane across multiple applications. In addition, growing awareness of its favorable properties—such as low environmental impact, energy efficiency, and wide applicability—is expected to further stimulate market demand. Key Market Trends and Insights Asia Pacific dominate...