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Dicyclopentadiene Market 2018 Top Key Players NOVA Chemicals, The Dow Chemical, LyondellBasell, Cymetech, Chevron Phillips, Braskem, Zibo Luhua Hongjin, China Petrochemical, Texmark, Shell Chemicals, Maruzen Petrochemical, Nanjing Yuangang

08-02-2018 11:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights, Inc.

/ PR Agency: Chemical Market Research
Dicyclopentadiene (DCPD) Market

Dicyclopentadiene (DCPD) Market

Market Overview:-

Dicyclopentadiene Market Size will likely surpass USD 800 million by 2024; according to a new research report by Global Market Insights, Inc.
Growth in the automotive sector, especially in the developing countries of the Asia Pacific region will drive the dicyclopentadiene market in the forecast period. The product is popularly known for its efficient properties such as toughness, lighter weight, and corrosion resistance.

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Major countries in the region have regulations and emission standards such as the energy policy of China; Bharat stage emission standards, and Air Pollution Dispute Resolution Act of Japan to control the air pollution level. Increasing vehicle regulations for economic fuel consumption and decreased gas emissions will foster the dicyclopentadiene market demand in the long run.

Top Key Players:-
Prominent companies in the dicyclopentadiene market are Shell Chemicals, TCI Chemicals, LyondellBasell Industries Holdings B.V, Cymetech Corporation, Dow Chemical Company, Braskem, China Petrochemical Corporation, Texmark Chemicals, Maruzen Petrochemical, Chevron Phillips Chemical Company, NOVA Chemicals, Sunny Industrial System GmbH, Nanjing Yuangang Fine Chemical Co, and Zibo Luhua Hongjin New Material to name a few.
Market share calculation in this report is not done based on companies covered in it. The calculation of Dicyclopentadiene (DCPD) Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Higher purity DCPD grades have enormous price range, greater than that of its substitute products. This will hamper the dicyclopentadiene market growth in the forecast period. Moreover, easy availability of substitute products such as phthalic anhydride instead of DCPD will be a restrictive factor for dicyclopentadiene market in the coming years.

Regional Segmentations:-

Geographically, Asia Pacific will hold a maximum share of over USD 400 million in the global dicyclopentadiene market. Developing countries in the region such as China, India, Malaysia, and Indonesia have a huge automotive demand owing to the rising income level of consumers. Increase in the purchasing power parity will lead to more sales of vehicles. Moreover, due to cost-effective labor and low cost raw materials, huge companies are shifting their manufacturing base to Asia Pacific region. Increasing automotive sales and manufacturing in the Asia Pacific region will drive the industry in the long run. The segment is said to grow at a highest CAGR of over 5% from 2017 to 2024.

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Dicyclopentadiene market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons & revenue in USD million from 2013 to 2024, for the following segments:

Dicyclopentadiene Market, Grade By Application
o High purity grade
 Unsaturated Polyester Resin
 Cyclic Olefin Polymer (COP) & Copolymer (COC)
 Hydrocarbon Resins
 EPDM Elastomers
 Others
o Polyester grade (UPR)
 Unsaturated Polyester Resin
 Cyclic Olefin Polymer (COP) & Copolymer (COC)
 Hydrocarbon Resins
 EPDM Elastomers
 Others
o Hydrocarbon resin
 Unsaturated Polyester Resin
 Cyclic Olefin Polymer (COP) & Copolymer (COC)
 Hydrocarbon Resins
 EPDM Elastomers
 Others
o Other grades
 Unsaturated Polyester Resin
 Cyclic Olefin Polymer (COP) & Copolymer (COC)
 Hydrocarbon Resins
 EPDM Elastomers
 Others
Dicyclopentadiene Market, By Application
o Unsaturated Polyester Resin
o Cyclic Olefin Polymer (COP) & Copolymer (COC)
o Hydrocarbon Resins
o EPDM Elastomers
o Others

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

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