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 (2025–2032). This growth is primarily driven by the escalating demand for energy-efficient refrigerators and freezers, stringent environmental regulations phasing out ozone-depleting blowing agents, and robust construction activities in emerging economies.

As the global push for energy efficiency and reduced greenhouse gas emissions intensifies, cyclopentane has emerged as a critical enabler for producing high-performance polyurethane (PU) foam insulation. In this blog, we profile the Top 10 Companies in the Cyclopentane Industry—a dynamic mix of multinational chemical giants and specialized regional producers shaping the future of insulation and refrigeration technologies.

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🔟 1. Haltermann GmbH

Headquarters: Hamburg, Germany
Key Offering: High-Purity Cyclopentane (95%-98%), Blowing Agent Formulations

Haltermann GmbH, a subsidiary of HCS Group, is a leading European producer of high-purity hydrocarbons, including cyclopentane. The company specializes in providing tailored cyclopentane blends optimized for polyurethane foam applications in the refrigeration and construction industries, serving major appliance manufacturers across the continent.

Sustainability Initiatives:

• Development of low-GWP (Global Warming Potential) blowing agent solutions

• Investment in production processes to enhance energy efficiency and reduce emissions

• Commitment to circular economy principles through efficient resource utilization

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9️⃣ 2. Chevron Phillips Chemical Company

Headquarters: The Woodlands, Texas, USA
Key Offering: Cyclopentane, Specialty Chemicals, Aromatics

Chevron Phillips Chemical is a major global player in the petrochemical industry, with significant production capacity for cyclopentane. Leveraging its extensive refinery infrastructure, the company supplies high-quality cyclopentane to North American and international markets, with a strong focus on the appliance and insulation sectors.

Sustainability Initiatives:

• Implementation of advanced process technologies to minimize environmental footprint

• Research into bio-based and renewable chemical pathways

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8️⃣ 3. DYMATIC Chemicals, Inc.

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

DYMATIC Chemicals is a prominent Chinese manufacturer with a rapidly expanding footprint in the Asia-Pacific cyclopentane market. The company capitalizes on the region’s booming appliance manufacturing industry, supplying cost-effective and high-performance blowing agents to both domestic and international customers.

Sustainability Initiatives:

• Focus on producing cyclopentane with superior insulating properties to enhance appliance energy efficiency

• Adherence to evolving environmental standards for chemical manufacturing in China

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7️⃣ 4. INEOS Group

Headquarters: London, United Kingdom
Key Offering: Cyclopentane, Olefins, Polymers

INEOS is a global manufacturer of petrochemicals, specialty chemicals, and oil products. Its cyclopentane production is integrated into its larger olefins and derivatives business, allowing for competitive pricing and reliable supply chains for customers in Europe and beyond.

Sustainability Initiatives:

• Significant investments in chemical recycling technologies

• Commitment to achieving net-zero emissions from its operations by 2050

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6️⃣ 5. LG Chem, Ltd.

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

LG Chem is a major South Korean chemical company with a diversified product portfolio. Its production of high-purity cyclopentane supports not only the external market but also its internal demand for materials used in its own consumer appliance divisions, creating a vertically integrated supply chain.

Sustainability Initiatives:

• Pioneering eco-friendly materials and sustainable chemical processes

• Ambitious goals to increase the proportion of renewable and recycled feedstocks

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5️⃣ 6. Maruzen Petrochemical Co., Ltd. (Chemiway)

Headquarters: Tokyo, Japan
Key Offering: Cyclopentane, n-Pentane, Isopentane

Maruzen Petrochemical is a key supplier of cyclopentane and other pentane isomers in the Japanese market. The company is known for its high-quality standards and technical support services, catering to the precise requirements of Japan’s advanced manufacturing sector.

Sustainability Initiatives:

• Development of next-generation blowing agents with improved environmental profiles

• Active participation in industry consortia focused on sustainable refrigeration

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Cyclopentane Market – View in Detailed Research Report

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4️⃣ 7. SK Geo Centric Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Cyclopentane, Aromatics, Base Chemicals

SK Geo Centric, formerly SK Global Chemical, is a leading petrochemical company in South Korea. It produces cyclopentane as part of its comprehensive suite of chemical products, serving diverse industries from plastics and solvents to insulation materials.

Sustainability Initiatives:

• Strategic focus on circular economy models through chemical recycling projects

• Investment in technologies to reduce carbon emissions across its value chain

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3️⃣ 8. HPL Additives Limited

Headquarters: Mumbai, India
Key Offering: Cyclopentane, Specialty Chemicals for Polymers

HPL Additives is a significant Indian manufacturer of specialty chemicals, including cyclopentane used as a blowing agent. The company plays a crucial role in supplying the growing Indian appliance market and other industries requiring PU foam insulation.

Sustainability Initiatives:

• Emphasis on manufacturing processes that minimize waste and energy consumption

• Development of products that help customers meet energy efficiency standards

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2️⃣ 9. South Hampton Resources, Inc.

Headquarters: Silsbee, Texas, USA
Key Offering: High-Purity Cyclopentane, Normal Pentane, Isopentane

South Hampton Resources is a specialized North American producer of high-purity hydrocarbon solvents, including cyclopentane. The company is recognized for its focus on niche markets and its ability to provide customized solvent blends to meet specific customer requirements.

Sustainability Initiatives:

• Utilization of feedstock from natural gas liquids, often considered a cleaner alternative

• Commitment to responsible sourcing and manufacturing practices

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1️⃣ 10. Yeochun NCC Co., Ltd. (YNCC)

Headquarters: Yeosu, South Korea
Key Offering: Cyclopentane, Ethylene, Propylene

YNCC is one of South Korea’s leading petrochemical producers, operating large-scale naphtha cracking centers. The company produces cyclopentane as a co-product, supplying the domestic and regional markets with essential raw materials for the foam and refrigeration industries.

Sustainability Initiatives:

• Ongoing investments to improve plant efficiency and reduce environmental impact

• Exploration of carbon capture and utilization technologies

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🌍 Outlook: The Future of Cyclopentane is Tied to Sustainability and Innovation

The cyclopentane market is undergoing a significant transformation. While its primary application in refrigerator insulation continues to drive volume, the industry is actively innovating to enhance sustainability, improve safety, and explore new applications.

📈 Key Trends Shaping the Market:

• Accelerated adoption of cyclopentane in emerging economies for appliance manufacturing

• Development of advanced formulations to improve foam insulating efficiency (lower lambda values)

• Increasing regulatory pressure globally to use low-GWP blowing agents, favoring cyclopentane over HFCs

• Exploration of new applications in electric vehicle battery insulation and construction panels

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Cyclopentane Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial chemical—they are enabling the global transition to more energy-efficient and environmentally responsible products.