Market Forecast By Function (Blowing agent & refrigerant, Solvent & reagent, Others), By Application (Residential Refrigerator, Commercial Refrigerator, Insulated Containers And Sippers, Insulating Construction Material, Electrical & Electronics, Personal Care Products, Fuel & Fuel Additives, Others) And Competitive Landscape
Product Code: ETC4473925 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | India Cyclopentane Market |
Forecast period | 2025-2030 |
CAGR | 5.6% |
Growing Sector | Refrigeration |
The India Cyclopentane Market Report thoroughly covers the market by function and application. The India Cyclopentane Market Outlook report provides an unbiased and detailed analysis of the ongoing India Cyclopentane Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India cyclopentane market is poised for significant growth, driven by increasing applications in various sectors. The government is taking proactive initiatives to create awareness about environmentally friendly insulation materials like cyclopentane.
According to 6Wresearch, the India Cyclopentane Market size is anticipated to rise at a CAGR of 5.6% during 2025-2030. The rising demand for hydraulic insulation systems in construction has positively impacted the market. Additionally, the Indian government's initiatives concerning energy-efficient buildings, and safe and smart cities have also fueled the growth of polyurethane foam manufacturing in the country. The increasing demand for Refrigeration and Air Conditioning (RAC) products also propels the growth of the cyclopentane market, as it is being used to replace hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs) in modern RAC equipment. These factors have been boosting the India Cyclopentane Market growth.
The current supply constraints of cyclopentane in India have led to significant surges in its prices. Additionally, the low awareness of its applications, sustainability concerns, and unstable raw material prices limit its market growth potential.
When it comes to the key players in the Indian Cyclopentane market, companies like SK global Chemical, Chevron Phillips Chemical Company, LG Chem, and Honeywell International hold significant market share. These companies are primarily focusing on partnerships, collaborations, and new product launches to expand their market share.
The Indian government, through policies like the National Mission on Sustainable Habitats (NMSH) and the National Handicraft Innovation and Design Programme (NHIDP), is also promoting the use of eco-friendly insulation materials. The initiatives are expected to encourage and boost R&D activities for the development of cyclopentane as a blowing agent and to improve its overall market position.
The future outlook of the India cyclopentane market looks promising, primarily due to its growth in the refrigeration market and increased industrialization. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of approximately 4.56% between 2025 to 2030. The government is continuously promoting initiatives related to green buildings and creating a sustainable environment, which will indirectly impact the market positively.
According to Shivankar, Research Manager, 6Wresearch, the blowing agent & refrigerant segment dominated the cyclopentane market during the survey period. The segment's growth can be attributed to the increasing demand for cyclopentane in the production of polyurethane foams primarily used in the construction and automotive industries. The rise in the number of construction projects in the country, coupled with the increased demand for insulation solutions, has increased the demand for polyurethane foams.
The residential refrigerator segment is the highest application segment in the India Cyclopentane Market. The demand for energy-efficient refrigerators is increasing due to the rising disposable income and the change in lifestyles. The shift in customer preference towards energy-efficient refrigerators with low greenhouse gas emissions is driving the demand for cyclopentane in this segment.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cyclopentane Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cyclopentane Market Revenues & Volume, 2021 & 2031F |
3.3 India Cyclopentane Market - Industry Life Cycle |
3.4 India Cyclopentane Market - Porter's Five Forces |
3.5 India Cyclopentane Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 India Cyclopentane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Cyclopentane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for insulation materials in construction industry |
4.2.2 Increasing usage of cyclopentane as a blowing agent in foam manufacturing |
4.2.3 Rise in demand for refrigeration and cooling applications in India |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Stringent regulations regarding environmental impact of cyclopentane |
4.3.3 Limited availability of skilled labor for cyclopentane handling and processing |
5 India Cyclopentane Market Trends |
6 India Cyclopentane Market, By Types |
6.1 India Cyclopentane Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 India Cyclopentane Market Revenues & Volume, By Function, 2021-2031F |
6.1.3 India Cyclopentane Market Revenues & Volume, By Blowing agent & refrigerant, 2021-2031F |
6.1.4 India Cyclopentane Market Revenues & Volume, By Solvent & reagent, 2021-2031F |
6.1.5 India Cyclopentane Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Cyclopentane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Cyclopentane Market Revenues & Volume, By Residential Refrigerator, 2021-2031F |
6.2.3 India Cyclopentane Market Revenues & Volume, By Commercial Refrigerator, 2021-2031F |
6.2.4 India Cyclopentane Market Revenues & Volume, By Insulated Containers And Sippers, 2021-2031F |
6.2.5 India Cyclopentane Market Revenues & Volume, By Insulating Construction Material, 2021-2031F |
6.2.6 India Cyclopentane Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.7 India Cyclopentane Market Revenues & Volume, By Personal Care Products, 2021-2031F |
6.2.8 India Cyclopentane Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 India Cyclopentane Market Revenues & Volume, By Others, 2021-2031F |
7 India Cyclopentane Market Import-Export Trade Statistics |
7.1 India Cyclopentane Market Export to Major Countries |
7.2 India Cyclopentane Market Imports from Major Countries |
8 India Cyclopentane Market Key Performance Indicators |
8.1 Energy efficiency improvements in foam manufacturing processes |
8.2 Adoption rate of cyclopentane-based insulation materials in construction projects |
8.3 Number of patents filed for innovations in cyclopentane applications |
9 India Cyclopentane Market - Opportunity Assessment |
9.1 India Cyclopentane Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 India Cyclopentane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Cyclopentane Market - Competitive Landscape |
10.1 India Cyclopentane Market Revenue Share, By Companies, 2024 |
10.2 India Cyclopentane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |