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Cyclopentane Market is Anticipated to Register 6.8% CAGR through 2017 to 2026

Growing need for the environment friendly insulators has led to an upsurge in demand for the cyclopentane products in the global market. In addition, increasing production of the refrigeration products is projected to impact the global market growth of cyclopentane positively. Fact.MR states that the global cyclopentane market is projected to reflect a CAGR of 5.9% over the forecast period.

 

Factors Fuelling Global Market Growth     

 

Growth of the global cyclopentane market is mainly bound to micro-economic and macro-economic factors. As the need for storing stock of food products in a particular temperature arise, adoption of the refrigerators and freezers continue to remain high. In addition, growing need for storing range of medical devices and products in low temperature conditions will further continue to rev up demand for refrigeration products in the healthcare industry. Surge in adoption of refrigerators and freezers in the food and beverage, healthcare, and pharmaceutical industry will continue to boost sales of the insulators globally.

 

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