Cyclopentanone Market size was valued at USD 350 Million in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 550 Million by 2033.
The global cyclopentanone market was valued at approximately US$ 131.9 million in 2022, with projections indicating growth to US$ 177.5 million by 2029, reflecting a compound annual growth rate (CAGR) of 3.3% during the forecast period.This growth is primarily driven by increasing adoption of aroma chemicals in cosmetics and personal care products, as well as the rising usage of passive outdoor host seeking devices.
Regionally, Asia Pacific (APAC) led the market in 2022, consuming over 13,170 tons of cyclopentanone, accounting for more than 35% of global consumption. Europe followed closely, with a consumption share of approximately 32.79%. The industrial grade segment dominated the market, holding a significant share of 52.7% in 2022, driven by its extensive use in fragrances, pharmaceuticals, semiconductors, agrochemicals, and rubber applications.
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Solvay
BASF
Zeon
Caffaro
FREESIA CHEMICALS
Zhejiang NHU
Huifu
WanXiang International
Shandong Guorun Chemical
Pearlk Chemical Materials
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cyclopentanone Market
Pharmaceuticals
Flavor and Fragrance
Chemical Intermediate
Polymer Industry
Research and Development
Chemicals
Food and Beverages
Cosmetics
Textiles
Agriculture
Aqueous Solutions
Solvent Grade
Reagent Grade
Industrial Grade
Oxidation of Cyclopentanol
Asymmetric Synthesis
Decarboxylation of Cyclopentanecarboxylic Acid
From Biomass
Direct Sales
Online Retailers
Distributors
Wholesale Suppliers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cyclopentanone Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cyclopentanone Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cyclopentanone Market, By Type
6. Global Cyclopentanone Market, By Application
7. Global Cyclopentanone Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Cyclopentanone Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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