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Global Cyclopentane Market 2019-2023 | Technological Advances in Refrigeration Systems | Technavio

November 11, 2019 GMT
Global Cyclopentane Market 2019-2023 | Technological Advances in Refrigeration Systems | Technavio
Global Cyclopentane Market 2019-2023 | Technological Advances in Refrigeration Systems | Technavio

LONDON--(BUSINESS WIRE)--Nov 11, 2019--

The global cyclopentane market is expected to post a CAGR of almost 6% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global cyclopentane market 2019-2023. (Graphic: Business Wire)

PU foams are widely used in the production of interior components of cars such as seats, headrests, armrests, roof liners, dashboards, and instrument panels. They are also used in the manufacture of other automotive parts such as side skirts, wiper cowls, roll pans, and bumpers. PU foams also find many applications in the construction industry. They are used in floor carpets, foam-cored entry doors, and garage doors. Cyclopentane is used as a blowing agent to manufacture PU foams. With growing use of PU foams in the automotive and construction industries, the demand for cyclopentane will increase significantly during the forecast period.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31373

As per Technavio, the technological advances in refrigeration systems will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Cyclopentane Market: Technological Advances in Refrigeration Systems

Growing stringency of regulations around energy and environment have led refrigeration manufacturers to increase their focus on improving mechanical components and PU foams in their products. This is driving the development of blowing agents that exhibit better gas conductivity and lower GWP. These factors are expected to increase the competition among manufacturers and result in the emergence of high-performance and cost-effective blowing agents during the forecast period.

“The use of green foams in the packaging industry and the growing Chinese market are some other major factors that will boost market growth during the forecast period”, says a senior analyst at Technavio.

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Global Cyclopentane Market: Segmentation Analysis

This market report segments the global cyclopentane market by application (refrigerators, insulated construction materials, electrical and electronics, and others) and geography (APAC, Europe, MEA, North America, and South America).

The APAC region led the market in 2018, followed by Europe, North America, MEA, and South America respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market. This is due to the increasing construction activities and growing demand for electronic appliances in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Geographic comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191111005435/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/11/2019 03:30 PM/DISC: 11/11/2019 03:30 PM

http://www.businesswire.com/news/home/20191111005435/en