Published on : Dec 26, 2018
Albany, New York, December 26, 2018: Increased mindfulness towards reduction of carbon footprint has necessitated adoption of apt substituent agents for insulation in refrigerators and freezers. Cyclopentane is devoid of hydrofluorocarbons (HCFs) which arrests carbon dioxide emissions. This makes it an ideal blowing agent for polyurethane foam based refrigerators and freezers. Rise in adoption of refrigerators in commercial applications such as pharmaceuticals besides surged residential applications are likely to prompt growth in cyclopentane market. These insights are extracts from Market Research Hub's (MRH) recent report addition, 'Cyclopentane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026' included in its voluminous repository.
The cyclopentane market is highly fragmented with several established players dominating the competitive landscape with surged investments towards product innovation. Additionally, potential new market entrants seeking an access are also directed towards innovative portfolio differentiation to affect market penetration. Forerunners in cyclopentane market are in favor of corporate coalitions and buy outs to retain durability and sustainable revenue pools.
Foam-blowing Cyclopentane Agents to Witness Demand Upsurge in Coming Years
The report renders a detailed analytical review of cyclopentane market. The report primarily aims to offer adequate competitive advantage to steer lucrative investment decisions on the part of budding as well as established players eyeing sustenance amidst stiff competitive landscape in cyclopentane market. The report delineates a holistic overview of macro and microeconomic factors such as drivers, restraints trends as well as untapped opportunities to favor well informed investment discretion. The report also includes a systematic dynamic segmentation based on which product and application are accounted as dominant segments. By product cyclopentane market is split into foam-blowing agents and solvents and reagents. In terms of application cyclopentane market is further bifurcated into residential refrigerators, commercial refrigerators, insulating construction materials, analytical and scientific applications amongst others.
Europe and North America to Remain Lucrative Regional Markets
In the subsequent sections, the report further offers a detailed overview of regional diversification based on which Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa are recognized as dominant regional fringes in cyclopentane market.
Competition Dashboard: Cyclopentane Market
The report in its subsequent sections also divulges vital information on competitive landscape of cyclopentane market. The report highlights core market players along with pivotal information on company profile, SWOT analysis, and other relevant information on company performance in recent years. The report also includes a detailed synopsis of winning tactical business decisions leveraged by core market players across regions and their subsequent implications on holistic growth trajectory of cyclopentane market. Some of the dominant players benchmarked in this section comprise Haldia Petrochemicals Limited, Trecora Resources, Chevron Phillips Chemical Company LLC, Pure Chem Co. Ltd., and Maruzen Petrochemical Co.besides others.
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