Cyclopentane Market

By Function;

Blowing Agent & Refrigerant, Solvent & Reagent and Others

By Application;

Residential Refrigerators, Commercial Refrigerators, Insulated Containers & Sippers, Insulating Construction Materials, Electrical & Electronics, Personal Care Products, Fuel & Fuel Additives and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn579287547 Published Date: August, 2025

Cyclopentane Market Overview

Cyclopentane Market (USD Million)

Cyclopentane Market was valued at USD 365.22 million in the year 2024. The size of this market is expected to increase to USD 594.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.


Cyclopentane Market

*Market size in USD million

CAGR 7.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.2 %
Market Size (2024)USD 365.22 Million
Market Size (2031)USD 594.17 Million
Market ConcentrationMedium
Report Pages354
365.22
2024
594.17
2031

Major Players

  • Chevron Phillips Chemical Company
  • INOVYN
  • Shell Chemicals
  • LG Chem
  • PCC Rokita
  • Maruzen Petrochemical
  • Kuraray Co., Ltd
  • SABIC
  • ExxonMobil Chemical
  • Huntsman Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cyclopentane Market

Fragmented - Highly competitive market without dominant players


The cyclopentane market is experiencing significant growth driven by the rising demand for sustainable alternatives in foam manufacturing. Known for its zero Ozone Depletion Potential (ODP) and low Global Warming Potential (GWP), cyclopentane is quickly replacing older, harmful blowing agents. It is now used in approximately 55% of polyurethane foam applications, underscoring its importance in environmentally conscious production.

Increased Usage in Insulation Applications
There is a notable increase in the use of cyclopentane-based insulation in both the construction and refrigeration industries. Its high thermal resistance and compatibility with green building standards make it a preferred choice for insulation. Currently, over 50% of newly manufactured refrigeration systems incorporate cyclopentane, reflecting its growing influence in the insulation market.

Environmental Regulations Driving Market Expansion
Stricter environmental policies are accelerating the transition to safer chemical options like cyclopentane. Government mandates aimed at phasing out substances with higher environmental risks have boosted cyclopentane’s share in foam production to more than 40%. These regulations are propelling its adoption as companies strive to meet updated sustainability benchmarks.

Technological Advancements Supporting Growth
Innovation in manufacturing processes has enhanced the performance and safety of cyclopentane in industrial settings. New refining and handling techniques are making it more viable for widespread commercial use. Notably, around 30% of recent equipment upgrades in the foam industry are tailored for cyclopentane, indicating its growing role in next-gen production systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Function
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Cyclopentane Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Eco-friendly alternative to HCFCs
        2. Growing demand in refrigeration insulation
        3. Stringent regulations on global warming potential
        4. Rising adoption in construction industry
      2. Restraints
        1. Flammability and handling safety concerns
        2. Limited awareness in emerging markets
        3. High cost of safer alternatives
        4. Strict transportation and storage regulations
      3. Opportunities
        1. Increased demand for green refrigerants
        2. Expansion in developing economies’ cold chains
        3. Technological advancements in foam production
        4. Supportive environmental policies and incentive
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cyclopentane Market, By Function, 2021 - 2031 (USD Million)
      1. Blowing Agent & Refrigerant
      2. Solvent & Reagent
      3. Others
    2. Cyclopentane Market, By Application, 2021 - 2031 (USD Million)
      1. Residential Refrigerators
      2. Commercial Refrigerators
      3. Insulated Containers & Sippers
      4. Insulating Construction Materials
      5. Electrical & Electronics
      6. Personal Care Products
      7. Fuel & Fuel Additives
      8. Others
    3. Cyclopentane Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Chevron Phillips Chemical Company
      2. INOVYN
      3. Shell Chemicals
      4. LG Chem
      5. PCC Rokita
      6. Maruzen Petrochemical
      7. Kuraray Co., Ltd
      8. SABIC
      9. ExxonMobil Chemical
      10. Huntsman Corporation
  7. Analyst Views
  8. Future Outlook of the Market​