Frequently Asked Questions
What was the value of the market in 2020?
Based on our research, the cyclopentanone market has touched USD 1915.11 million in 2020.
What CAGR is the market expected to exhibit by 2027?
The market is expected to exhibit a CAGR of 8.66% by 2027.
What are the leading segments of the market?
By type, the pharmaceutical grade segment is expected to lead as It is utilized for a variety of things, including medications, scent, and electroplating. Based on application, the rubber segment is expected to be the leader in cyclopentanone market share. The chemical additive cyclopentanone is used in a variety of rubber applications to aid enhance viscosity and flexibility.
Which are the driving factors of the market?
Increasing demand from chemical industry and end-use sector are the factors driving the market.
Which are the top companies operating in the market?
Solvay, BASF, Zeon, Caffaro, FREESIA CHEMICALS, Zhejiang NHU, Huifu, WanXiang International, Shandong Guorun Chemical, Pearlk Chemical Materials are the top companies operating in the market.