What's Driving The Dicyclopentadiene Market Growth? | LyondellBasell, Shell, Braskem, Chevron Phillips Chemical Company, NOVA Chemicals, The Dow Chemical Company, Repsol Sinopec Brasil
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2424
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. 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.
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.
DCPD Market by Application
• Unsaturated polyester resin
• COC & COP
• Hydrocarbon resins
• EPDM elastomers
DCPD Market for Grade by Application
• High purity grade
• Polyester grade (UPR)
• Hydrocarbon resin
• Other grade
• Unsaturated polyester resin
• COC & COP
• Hydrocarbon resins
• EPDM elastomers
Considering application, unsaturated polyester resin, poly-DCPD, COC & COP, hydrocarbon resin, EPDM elastomers, and others are the major segments for dicyclopentadiene market. The others segment comprises of flame retardants, pesticides, epoxy resins, lattices, specialty resins, phenolic resins, etc. Unsaturated polyester resins will capture over half of the global market share by the end of 2024. In terms of volume, hydrocarbon resins will surpass 25% market share by the end of the forecast period.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. The Dow Chemical Company
4. Cymetech Corporation.
5. NOVA Chemicals
7. TCI - Tokyo Chemical Industry
8. Texmark Chemicals, Inc
9. Chevron Phillips Chemical Company
10. Maruzen America, Inc.
11. Repsol Sinopec Brasil
12. Nanjing Yuangang Fine Chemical Co.
13. Zibo Luhua Hongjin New Material Co., Ltd.
14. Sunny Industrial System GmbH
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.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2424
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.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
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.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's Driving The Dicyclopentadiene Market Growth? | LyondellBasell, Shell, Braskem, Chevron Phillips Chemical Company, NOVA Chemicals, The Dow Chemical Company, Repsol Sinopec Brasil here
News-ID: 1784962 • Views: 195
More Releases from Global Market Insights
Plant Protein Ingredients Market 2020 Forecast 2026 | Top Players - Axiom Food I …
The global Plant Protein Ingredients market was valued at USD 5.5 Billion in 2019 and is projected to touch USD 10 Billion by 2025, developing at a CAGR of 19% from 2019 to 2025. Decresearch has recently published a study titled 'Global Plant Protein Ingredients Market Research Report'. In this report, analysts have provided a detailed evaluation of the global Plant Protein Ingredients market. The report is inclusive of a completely
Shea Butter Market 2020 Forecast 2026 | Top Players - OLVEA GROUP, AAK AB, Corne …
The global Shea Butter market was valued at USD 1.40 Billion in 2018 and is projected to touch USD 2.9 Billion by 2024, developing at a CAGR of 10.5% from 2019 to 2024. Decresearch has recently published a study titled 'Global Shea Butter Market Research Report'. In this report, analysts have provided a detailed evaluation of the global Shea Butter market. The report is inclusive of a completely comprehensive study of
Coenzyme Q10 Market 2020 Forecast 2026 | Top Players - Vitamin Shoppe, NBTY, Pha …
Decresearch has recently published a study titled 'Global Coenzyme Q10 Market Research Report'. In this report, analysts have provided a detailed evaluation of the global Coenzyme Q10 market. The report is inclusive of a completely comprehensive study of the Coenzyme Q10 Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as qualitative analysis of
Biomedical Warming and Thawing Device Market is forecasted to surpass USD 0.27 b …
The overall Biomedical Warming and Thawing Device Market is slated to depict a valuation of $0.27 billion by 2024, having registered a remuneration of $0.138 billion in 2017. The Biomedical Warming and Thawing Device Market report coverage is comprised of various parameters such as the industry size, regional opportunities for market expansion, important participants in the industry, restraining factors as well as driving forces, segmental analysis, and details on competitive
More Releases for Chemical
Bulk Chemical Packaging Market
Expanding at a robust growth rate of 6.8 percent, the global demand for bulk chemical packaging is estimated to reach a valuation of approximately US$ 10.7 Billion, in 2019, as per a recently published study Future Market Insights (FMI) on the global packaging landscape for bulk chemicals. Bulk chemicals, also called commodity chemicals, have witnessed a surge in demand given its wide application in a host of end-use industries such
Chemical Agricultural Colorants Market
This report studies the global Chemical Agricultural Colorants market status and forecast, categorizes the global Chemical Agricultural Colorants market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). Chemical Agricultural Colorants is a class of colorants used in seed, fertilizer, easy to
Global PERMETHRIN Market 2018 -Sumitomo Chemical, Yangnong Chemical, Bayer, Hera …
Apex Market Reports, recently published a detailed market research study focused on the “PERMETHRIN Market” across the global, regional and country level. The report provides 360° analysis of “PERMETHRIN Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of PERMETHRIN on the basis of
Industrial Sodium Nitrate Market Increasing Demand with Key Players: XuHang Chem …
Qyresearchreports include new market research report “Global Industrial Sodium Nitrate Market Professional Survey Report 2018” to its huge collection of research reports. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering SQM Hualong Ammonium Nitrate XuHang Chemical FuYuan Chemical LuGuang Chemical YuanHua Chemical XinHao Chemical FengYuan Chemical Longsheng Jiaocheng Zhongyuan Chemical Jiaocheng MingXing Chemical Huaertai Chemical To Download Sample Report With TOC: https://www.qyresearchreports.com/sample/sample.php?rep_id=1649032&type=S On the basis of product, this report displays the production, revenue,
Zinc Sulphate Market Key Players Profiles and Analysis 2027: Lantian Chemical, L …
Market Research Future published a half cooked research report on “Global Zinc Sulphate Industry Market” – Market Analysis, Scope, Stake, Growth, Trends and Forecasts 2017-2027. Introduction: Market Research Future introduces about the Global Zinc Sulphate Market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report, Market Research Future has focused on
Global Nickel Naphthenate market 2017 - Minghuan Chemical, Zhang Ming Chemical, …
Apex Market Reports, recently published a detailed market research study focused on the "Nickel Naphthenate Market" across the global, regional and country level. The report provides 360° analysis of "Nickel Naphthenate Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Nickel Naphthenate industry, and estimates the future trend of Nickel Naphthenate market