Cyclopentane Market Size Is Expected To Reach USD 675.7 Million By 2030
San Francisco, 1 Feb 2023: The Report Cyclopentane Market Size, Share & Trends Analysis Report By Function (Blowing Agent & Refrigerant, Solvent & Reagent), By Application (Refrigerators, Containers & Sippers), By Region, And Segment Forecasts, 2022 - 2030 The global cyclopentane market size is anticipated to reach USD 675.7 million by 2030, expanding at a robust CAGR of 7.3% over the forecast period, according to a new report by Grand View Research, Inc. An increase in demand for refrigerators across various sectors is expected to propel the market growth. The COVID-19 pandemic negatively impacted the market as production activities were halted worldwide. The outbreak of the pandemic caused widespread disruption in supply chains leading to a shortage of raw materials and inflated costs across the board. But since the hydrochlorofluorocarbons (HCFCs) phasing out regulation by Montreal Protocol, it has propelled the demand for cyclopenta...