Cyclopentane Market - By Type (Solvents and Reagents, Foam Blowing Agents), By Grade, By Application (Commercial Refrigerator, Residential Refrigerator, Insulated Containers, Electrical and Electronics, Fuel Additives) & Forecast, 2024 – 2032

North America market size reached USD 92.9 million in 2023 driven by stringent environmental regulations favouring low-global warming potential refrigerants.

Chevron Phillips Chemical Company LLC, DYMATIC Chemicals, Inc., Eastman Chemical Company, Haltermann Carless, Huntsman Corporation, INEOS, LG Chem, Merck KGaA, Prasol Chemicals Pvt. Ltd., SK Global Chemical Co., Ltd., TCI Chemicals, Zhejiang Weihua Chemical Co., Ltd., among others

The foam blowing agent segment in the cyclopentane market accounted for USD 188.4 million in 2023, propelled by increasing demand for energy-efficient insulation materials across industries like appliances, automobiles, and construction.

Market size for cyclopentane was valued at USD 310 million in 2023 and is anticipated to register over 6.9% CAGR between 2024 and 2032, owing to the growing need for energy-efficient foam insulation in the refrigeration and construction industries.