All updated as on -
In 2022, the industry was worth US$ 131.11 Mn. From 2023 to 2030, it is predicted to increase at a CAGR of 4.6%, reaching US$ 180.4 Mn by the end of the decade.
A combustible chemical substance called cyclopentanone has a powerful, ethereal, petroleum-like scent. It is insoluble in water and reasonably stable. The perfume industry uses cyclopentanone as an aroma chemical, which is one of its main commercial applications. Additionally, cyclopentanone is used as an intermediary in the production of several compounds. Generally speaking, cyclopentanone is used in a wide range of industries, including the pharmaceutical, fragrance, rubber, insecticide, and pesticide industries.
Mosquitoes are primarily responsible for transmitting a number of vector-borne illnesses, including malaria, lymphatic filariasis, yellow fever, rift valley, dengue fever, Zika, and chikungunya. Malaria is the illness with the greatest impact on people's health and socioeconomic status, with 228 million cases and 405,000 fatalities. Sub-Saharan Africa is where it is primarily found.
Several organic sources of CO2 have recently been suggested for use in surveillance mosquito traps. However, traps using CO2 from organic sources often draw fewer mosquitoes than those baited with industrial CO2 in pressurised gas cylinders or dry ice. These organic sources of CO2 are still expensive and logistically difficult to use for large-scale surveillance and control programmes because they need constant material replenishment to maintain residual activity. Therefore, novel CO2 sources that are inexpensive, easy to use, portable, and long-lasting are urgently required for the widespread adoption of odor-baited devices in underdeveloped nations.
The industrial grade sector was expected to hold a sizable share in 2022, according to the most recent cyclopentanone market trends. The market is expected to expand significantly over the course of the projected period. For use in industrial applications, cyclopentanone of an industrial grade is manufactured and refined on a massive scale. Due to its higher purity and more controlled production methods, this grade of cyclopentanone is typically more significant than other grades. Industrial-grade cyclopentanone is especially well suited for use in the production of a wide variety of goods, including medicines, agrochemicals, perfumes, and polymers due to its higher purity and consistency. Utilising high-quality cyclopentanone can help ensure the finished product's consistency in quality and lower the possibility of impurities or contaminants impairing its performance or safety.
During the projected period, the global cyclopentanone market is anticipated to expand at a moderate single-digit rate. Cyclopentanone consumption is anticipated to continue growing steadily, mostly as a result of rising demand for the chemical from developing nations, particularly China. The usage of cyclopentanone as an aroma compound in the perfume and scent business is one of its more well-known uses. As a result, over the course of the forecast period, continuous rise in the end use industry is anticipated to fuel growth in the worldwide cyclopentanone market. Additionally, the escalating demand from the electronics sector, where the chemical is employed as a solvent, is anticipated to fuel the expansion of the global cyclopentanone market throughout the anticipated time frame.
Report Coverage
Global Cyclopentanone research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Cyclopentanone report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Cyclopentanone competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Cyclopentanone market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Cyclopentanone market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Cyclopentanone market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, Solvay, Zeon Europe GmBH, Caffaro Industries, Freesia Chemicals, Haihang Industry, Matrix Fine Chemicals GmbH, Eurisotop, Zhejiang NHU Co., Ltd., Shandong Green Bio-Pharmaceutical Co., Ltd., SRL Pvt. Ltd., and The Good Scents Company.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Cyclopentanone market based on the below-mentioned segments:
Global Cyclopentanone Market, By Grade
Electronic Grade
Pharmaceutical Grade
Industrial Grade
Global Cyclopentanone market, By Application
Chemical Intermediate
Solvent
Insecticide
Aroma Ingredient
Others
Global Cyclopentanone Market, By End User
Pharmaceuticals
Personal Care
Rubber
Electronics
Agriculture
Others
Global Cyclopentanone market, Regional Analysis
A combustible chemical substance called cyclopentanone has a powerful, ethereal, petroleum-like scent. It is insoluble in water and reasonably stable. The perfume industry uses cyclopentanone as an aroma chemical, which is one of its main commercial applications. Additionally, cyclopentanone is used as an intermediary in the production of several compounds. Generally speaking, cyclopentanone is used in a wide range of industries, including the pharmaceutical, fragrance, rubber, insecticide, and pesticide industries.
Mosquitoes are primarily responsible for transmitting a number of vector-borne illnesses, including malaria, lymphatic filariasis, yellow fever, rift valley, dengue fever, Zika, and chikungunya. Malaria is the illness with the greatest impact on people's health and socioeconomic status, with 228 million cases and 405,000 fatalities. Sub-Saharan Africa is where it is primarily found.
Several organic sources of CO2 have recently been suggested for use in surveillance mosquito traps. However, traps using CO2 from organic sources often draw fewer mosquitoes than those baited with industrial CO2 in pressurised gas cylinders or dry ice. These organic sources of CO2 are still expensive and logistically difficult to use for large-scale surveillance and control programmes because they need constant material replenishment to maintain residual activity. Therefore, novel CO2 sources that are inexpensive, easy to use, portable, and long-lasting are urgently required for the widespread adoption of odor-baited devices in underdeveloped nations.
The industrial grade sector was expected to hold a sizable share in 2022, according to the most recent cyclopentanone market trends. The market is expected to expand significantly over the course of the projected period. For use in industrial applications, cyclopentanone of an industrial grade is manufactured and refined on a massive scale. Due to its higher purity and more controlled production methods, this grade of cyclopentanone is typically more significant than other grades. Industrial-grade cyclopentanone is especially well suited for use in the production of a wide variety of goods, including medicines, agrochemicals, perfumes, and polymers due to its higher purity and consistency. Utilising high-quality cyclopentanone can help ensure the finished product's consistency in quality and lower the possibility of impurities or contaminants impairing its performance or safety.
During the projected period, the global cyclopentanone market is anticipated to expand at a moderate single-digit rate. Cyclopentanone consumption is anticipated to continue growing steadily, mostly as a result of rising demand for the chemical from developing nations, particularly China. The usage of cyclopentanone as an aroma compound in the perfume and scent business is one of its more well-known uses. As a result, over the course of the forecast period, continuous rise in the end use industry is anticipated to fuel growth in the worldwide cyclopentanone market. Additionally, the escalating demand from the electronics sector, where the chemical is employed as a solvent, is anticipated to fuel the expansion of the global cyclopentanone market throughout the anticipated time frame.
Report Coverage
Global Cyclopentanone research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Cyclopentanone report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Cyclopentanone competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Cyclopentanone market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE, Solvay, Zeon Europe GmBH, Caffaro Industries, Freesia Chemicals, Haihang Industry, Matrix Fine Chemicals GmbH, Eurisotop, Zhejiang NHU Co., Ltd., Shandong Green Bio-Pharmaceutical Co., Ltd., SRL Pvt. Ltd., and The Good Scents Company. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Cyclopentanone Market from 2021 to 2030.
- Market Forecast for Cyclopentanone Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Cyclopentanone competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Cyclopentanone
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Cyclopentanone market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Cyclopentanone market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE, Solvay, Zeon Europe GmBH, Caffaro Industries, Freesia Chemicals, Haihang Industry, Matrix Fine Chemicals GmbH, Eurisotop, Zhejiang NHU Co., Ltd., Shandong Green Bio-Pharmaceutical Co., Ltd., SRL Pvt. Ltd., and The Good Scents Company.
Primary Target Market
- Market Players of Cyclopentanone
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Cyclopentanone market based on the below-mentioned segments:
Global Cyclopentanone Market, By Grade
Electronic Grade
Pharmaceutical Grade
Industrial Grade
Global Cyclopentanone market, By Application
Chemical Intermediate
Solvent
Insecticide
Aroma Ingredient
Others
Global Cyclopentanone Market, By End User
Pharmaceuticals
Personal Care
Rubber
Electronics
Agriculture
Others
Global Cyclopentanone market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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