Cyclopentanone Market Research Report Delivers Valuable Insights and the Credibility, 2019-2025
Los Angeles, CA -- (SBWire) -- 07/05/2019 --Cyclopentanone is a clear colourless liquid organic compound with a peppermint-like odour and is a cyclic ketone. It is mainly as an intermediate for synthesis of fragrance, pharmaceuticals, rubber, etc. And it is used also as a solvent for electronic applications.
Cyclopentanone is a clear colorless liquid with a petroleum-like odor. It is commonly used as an intermediate for synthesis pharmaceuticals, perfumery products and aromas. As for the downstream application, fragrance is the largest market, which accounted for 56.75% of the consumption in 2016.
At present, the mainstream production of cyclopentanone is adipic acid thermal decomposition method. However, it has some disadvantages, such as the shortage of raw materials, high cost and more secondary reaction. On the contrary, the cyclopentene oxidation method has adequate resources and is estimated to be the most promising cyclopentanone synthesis method.
The production of cyclopentanone distributed Mainly in Europe and Japan. West Europe is the largest production base of cyclopentanone in the world in the past years and it will keep the same position in the next few years. The West Europe took up 49.59% Share in the global production market in 2016.
The global Cyclopentanone market was 107.9 million US$ in 2018 and is expected to 97.4 million US$ by the end of 2025, growing at a CAGR of -1.5% between 2019 and 2025.
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This report studies the Cyclopentanone market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cyclopentanone in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Solvay
BASF
Zeon
Caffaro
FREESIA CHEMICALS
Zhejiang NHU
Huifu
WanXiang International
Shandong Guorun Chemical
Pearlk Chemical Materials
By the product type, the market is primarily split into
Electronic grade
Industrial grade
Pharmaceutical grade
By the end users/application, this report covers the following segments
Fragrance
Pharmaceuticals
Electronics
Rubber
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