Global Cyclopentane Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts
May 27, 2021 07:53 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The Global Cyclopentane Market is projected to register a CAGR of more than 5% during the forecast period (2021-2026).
The Cyclopentane market is hampered by the COVID-19 pandemic. Due to nationwide lockdowns in several countries, strict social distancing measures, and disruption in global supply chain networks, the refrigerant industry was severely hit as most of the production plants and industries were shut down. A strong decrease in demand for R134a was observed in the automotive sector. The global automotive industry witnessed a decline in sales in 2020 which was approximately 78 million units, much below 90.4 million units sold in 2019, thereby affecting the demand for cyclopentane. The decline in the demand
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Cyclopentane Market Dynamics, Trends, Revenue, Regional Segmented, Outlook & Forecast Till 2026 The market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trend
BriefingWire.com, 2/26/2021 - The Global Cyclopentane Market 2020-2029 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The Cyclopentane Market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to-date review of the present global market scenario, the newest developments and drivers, and therefore the overall market environment is given within the study.