The Global Cyclopentane Market was valued at USD 273 Million in 2024 and is projected to reach USD 368 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2024–2032). This growth is primarily driven by the escalating demand for energy-efficient refrigeration, booming construction activities, and the widespread adoption of cyclopentane as a preferred blowing agent for polyurethane (PU) foam insulation.

As global sustainability regulations phase out ozone-depleting substances, the chemical industry is pivoting towards eco-friendly alternatives. Cyclopentane, with its low global warming potential, is at the forefront of this transition. In this blog, we profile the Top 10 Companies in the Cyclopentane Industry—a mix of global chemical giants and specialized producers shaping the future of insulation and refrigeration technologies.

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🔟 1. Haltermann Carless Deutschland GmbH

Headquarters: Hamburg, Germany
Key Offering: High-Purity Cyclopentane (95%-98%), Custom Hydrocarbon Solutions

Haltermann Carless, a subsidiary of HCS Group, is a leading European supplier of high-purity cyclopentane. The company specializes in high-value hydrocarbon solutions and serves the refrigerator and insulation foam industries across Europe and Asia. Their technical expertise in custom blending allows them to meet specific customer requirements for foam density and insulation performance.

Strategic Initiatives:

• Focus on high-purity grades for superior foam cell structure

• Expansion of production capacities to meet rising demand from appliance manufacturers

• Strong R&D focus on improving the environmental profile of blowing agents

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Cyclopentane Market – View in Detailed Research Report

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9️⃣ 2. Chevron Phillips Chemical Company LLC

Headquarters: The Woodlands, Texas, USA
Key Offering: Cyclopentane, Normal Pentane, Isopentane

Chevron Phillips Chemical is a major global producer of cyclopentane, leveraging its integrated petrochemical operations. The company supplies high-quality cyclopentane to major appliance manufacturers worldwide, with a strong presence in North America and Asia. Their vertically integrated supply chain provides significant cost advantages and supply reliability.

Strategic Initiatives:

• Investment in production technology for higher purity yields

• Strategic partnerships with global polyurethane system houses

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8️⃣ 3. DYMATIC Chemicals, Inc.

Headquarters: Jiangsu, China
Key Offering: Cyclopentane, Pentane Blends, Foam Blowing Agents

DYMATIC Chemicals is a key player in the Asia-Pacific cyclopentane market, which accounts for 66% of global consumption. The company has established itself as a reliable supplier to China’s massive refrigerator manufacturing sector, offering competitive products tailored to local market needs.

Strategic Initiatives:

• Capacity expansion to serve growing domestic and export markets

• Development of cost-effective cyclopentane blends for various foam applications

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7️⃣ 4. INEOS Group Holdings SA

Headquarters: Rolle, Switzerland
Key Offering: Cyclopentane, Specialty Chemicals

INEOS is a global manufacturer of petrochemicals, specialty chemicals, and oil products. The company produces cyclopentane as part of its broader hydrocarbon portfolio, supplying European and North American markets. INEOS’s large-scale operations and technological capabilities make it a significant competitor in the high-purity cyclopentane segment.

Strategic Initiatives:

• Recent upgrades to European production facilities

• Focus on sustainable production processes

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Cyclopentane Market – View in Detailed Research Report

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6️⃣ 5. LG Chem, Ltd.

Headquarters: Seoul, South Korea
Key Offering: High-Purity Cyclopentane, Petrochemicals

LG Chem is a leading chemical company in Asia, producing cyclopentane for both internal consumption and external sales. The company’s vertical integration, including its own appliance manufacturing division, provides unique market insights and stable demand. LG Chem focuses on high-purity cyclopentane for premium insulation applications.

Strategic Initiatives:

• Investment in R&D for next-generation blowing agents

• Expansion of specialty chemical portfolio including sustainable alternatives

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5️⃣ 6. SK geo centric Co., Ltd. (formerly SK Global Chemical)

Headquarters: Seoul, South Korea
Key Offering: Cyclopentane, Aromatics, Petrochemicals

SK geo centric is a major petrochemical producer in South Korea with significant cyclopentane production capacity. The company serves domestic appliance manufacturers and exports to Southeast Asian markets. Their focus on quality control and consistent product specifications has made them a preferred supplier for demanding applications.

Strategic Initiatives:

• Development of eco-friendly chemical solutions

• Strategic focus on high-value petrochemical products

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4️⃣ 7. Maruzen Petrochemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Cyclopentane, Chemical Solvents

Maruzen Petrochemical is a key Japanese producer of cyclopentane, serving the country’s sophisticated appliance and insulation markets. The company is known for its high-quality products and technical support services. Maruzen has developed specialized cyclopentane grades for specific applications beyond refrigeration, including chemical solvents.

Strategic Initiatives:

• Development of application-specific cyclopentane formulations

• Focus on technical customer support and product development

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3️⃣ 8. Yeochun NCC Co., Ltd. (YNCC)

Headquarters: Yeosu, South Korea
Key Offering: Cyclopentane, Base Chemicals

YNCC is one of South Korea’s largest petrochemical producers, manufacturing cyclopentane as part of its naphtha cracking operations. The company benefits from economies of scale and integrated production processes. YNCC supplies both domestic Korean manufacturers and international markets with reliable quality cyclopentane.

Strategic Initiatives:

• Optimization of production processes for cost efficiency

• Expansion of market reach in Southeast Asia

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2️⃣ 9. South Hampton Resources, Inc.

Headquarters: Silsbee, Texas, USA
Key Offering: Specialty Cyclopentane, Pentane Isomers

South Hampton Resources is a North American specialty chemical company focusing on pentane isomers, including cyclopentane. The company serves the polyurethane foam industry with high-purity products and custom blends. Their specialized approach allows them to cater to niche markets and specific customer requirements.

Strategic Initiatives:

• Focus on specialty and custom-blown agent solutions

• Development of tailored products for specific foam applications

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1️⃣ 10. HPL Additives Limited

Headquarters: Mumbai, India
Key Offering: Cyclopentane, Chemical Additives

HPL Additives is a significant player in the Indian chemical market, producing cyclopentane for the growing domestic appliance industry. The company benefits from India’s rapidly expanding refrigerator market and government initiatives promoting domestic manufacturing. HPL is focusing on serving South Asian markets with cost-competitive products.

Strategic Initiatives:

• Expansion of production capacity to meet domestic demand

• Development of products tailored to regional market requirements

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Cyclopentane Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cyclopentane Is Sustainable and Application-Driven

The cyclopentane market is undergoing a significant transformation. While traditional applications in refrigeration dominate current demand, the industry is investing in new technologies and sustainable alternatives to address environmental concerns and expand into new markets.

📈 Key Trends Shaping the Market:

• Rising demand for energy-efficient appliances driving cyclopentane adoption in refrigeration

• Development of bio-based cyclopentane production technologies

• Expansion into new applications like electric vehicle battery insulation

• Technological advancements improving production efficiency and product purity

Get Full Report Here:
Cyclopentane Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for global insulation needs—they’re driving the sustainable transformation of the chemical and appliance industries.