Cyclopentane Companies

The global cyclopentane market is projected to grow from USD 0.39 billion in 2025 to USD 0.52 billion by 2030, at a CAGR of 6.1% during the forecast period. Cyclopentane is a crucial blowing agent used in the production of polyurethane foam insulation, which finds extensive applications in the construction, refrigeration, and automotive industries. The growing emphasis on energy efficiency and sustainability in building construction and refrigeration systems is driving the demand for high-performance insulation materials, thereby boosting the demand for cyclopentane.

Cyclopentane Companies

Haltermann Carless Group GmbH (Germany), Junyuan Petroleum Group (China), INEOS (UK), Zeon Corporation (Japan), and Puyang Zhongwei Fine Chemical Co., Ltd. (China) are the major players in this market. These players have adopted the strategies of acquisitions, agreements, partnerships, collaboration, product launches, joint ventures, and expansions to increase their market share.

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Haltermann Carless Group GmbH (Germany)

HCS Group GmbH, a subsidiary of International Chemical Investors Group (ICIG), is a prominent manufacturer of hydrocarbon-based solvents and related products. The company operates across various sectors, including Mobility, Life Science, Energy, and Industrial. Within its Industrial division, HCS Group offers products like cyclopentane, printing ink distillates (PID), pilot base fluids, n-pentane, and iso-pentane. The company employs around 500 people and operates under three brand names: Haltermann Carless, ETS Racing Fuels, and Electrical Oil Services (EOS). HCS Group runs nine production facilities located in Europe and North America and maintains a global distribution network across more than 90 countries. It also has 12 subsidiaries in countries such as Germany, the UK, France, the US, and Japan.

Junyuan Petroleum Group (China)

Junyuan Petroleum Group has developed into a diversified enterprise comprising five subsidiaries, including Dongying Junyuan Petroleum Technology Development Co., Ltd. The group has broadened its operations to include a wide range of products such as propane, butane, pentane, hexane, and various solvent oils. With a production capacity of 800,000 tons per year and an annual output value of 5 billion RMB (approximately USD 69.5 billion), Junyuan has established itself as a significant player in the oil refining sector. The company is certified under ISO9001, ISO14001, and OHS18001 management standards and holds sales access certifications from leading Chinese oil enterprises. Its products are extensively utilized across industries such as petrochemicals, pharmaceuticals, home appliances, and construction, serving both domestic and international markets.

INEOS (UK)

INEOS Group is a leading global manufacturer specializing in petrochemicals, specialty chemicals, and oil products. Operating 173 sites across 32 countries. Comprising 30 individual businesses, INEOS delivers essential materials and solutions across diverse industrial sectors. In recent years, INEOS has expanded beyond its traditional core operations, establishing a strong presence in the consumer and sports sectors. This includes the launch of INEOS Automotive and its rugged 4x4 vehicle, the Grenadier, as well as INEOS Hygienics, focused on personal and industrial hygiene solutions. The company has also acquired iconic British fashion brand Belstaff and invested in a growing portfolio of elite sports teams and initiatives.

The company manufactures a wide range of chemical products that serve as essential raw materials in industries such as paints, plastics, textiles, pharmaceuticals, electronics, transportation, lubricants, construction, agrochemicals, household appliances, and durable goods. In addition to its core chemical operations, INEOS has a varied portfolio that includes consumer brands and investments in sports ventures, including INEOS Grenadier, INEOS Hygienics, and Belstaff. The company is also a key player in the cyclopentane market, where cyclopentane is primarily utilized as a blowing agent in the production of polyurethane insulation foam used in refrigerators and freezers.

Zeon Corporation (Japan)

Zeon Corporation is one of the leading global chemical manufacturers specializing in synthetic rubbers, specialty materials, and advanced chemical products. Operating through key segments—Elastomers, Specialty Materials, and Others—Zeon serves industries ranging from automotive and electronics to medical devices and energy storage. With a strong global presence in Asia, North America, and Europe, the company emphasizes innovation, sustainability, and societal contribution as part of its 2030 Vision. Zeon invests significantly in R&D, notably in battery materials and carbon nanotubes, and maintains robust financial health with consistent revenue growth and shareholder-focused strategies. Through Zeon Medical Inc. and its global subsidiaries, it also advances cutting-edge medical technologies and materials solutions worldwide.

Puyang Zhongwei Fine Chemical Co., Ltd. (China)

Puyang Zhongwei Fine Chemical, a subsidiary of DYMATIC Fine Chemical Joint-Stock Company, produces hydrocarbon refrigerants in Asia. Its key products include isobutane, propane, n-butane, cyclopentane, and isopentane. Among these, cyclopentane is manufactured for use as a foaming agent in rigid polyurethane foam, which is commonly applied in refrigerators, freezers, cold storage systems, and as insulation for tubing. The product line has an annual production capacity of 10,000 tons of high-purity propane (R290), 10,000 tons of high-purity isobutane (R600a), 15,000 tons of high-purity butane (R600), 6,000 tons each of isopentane and n-pentane, 10,000 tons of cyclopentane, 6,000 tons of probutane gas, 5,000 tons of mixed butane, and 240,000 tons of isooctane.

Market Ranking

In the global cyclopentane market, companies are ranked based on revenue, production capacity, technological innovation, and market presence. Leading players such as Haltermann Carless Group GmbH (Germany), Junyuan Petroleum Group (China), INEOS (UK), Zeon Corporation (Japan), and Puyang Zhongwei Fine Chemical Co., Ltd. (China) are playing a crucial role in the global supply, accounting for a significant share of total cyclopentane production and exports. Key players continually invest in capacity expansions and strategic alliances to strengthen their market positions. Strategic acquisitions, collaborations, product launches, and expansions are key competitive forces shaping the market, as companies aim to enhance scalability, manufacturing efficiency, and cost-effectiveness in response to increasing demand in the chemical sector and global sustainability regulations.

Related Reports:

Cyclopentane Market by Function (Blowing Agent & Refrigerant, Solvent & Reagent), Application (Residential Refrigerators, Commercial Refrigerators, Insulated Containers, Insulating Construction Materials, Electrical), and Region - Global Forecast to 2030