Dicyclopentadiene Market Share 2019 Global Trend, Segmentation and Opportunities Forecast To 2024 | Top Key Players Shell Chemicals, TCI Chemicals, LyondellBasell

In recent years, Dicyclopentadiene Market has witnessed significant growth owing to the product’s deployment as a key raw material in the manufacturing of specialty resins that find applications across numerous sectors. The construction, automotive, and electronics sectors have also largely adopted methods that involve DCPD in the process, thereby propelling dicyclopentadiene market expansion. Indeed, Dicyclopentadiene market finds usage in the production of highquality resins that find significant application in the manufacturing of specialty electronics, lenses, optical disks and high-quality films. It goes without saying that the expansion of specialty resins industry will positively affect the growth of dicyclopentadiene market.

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A strong niche vertical in itself, Dicyclopentadiene market stands as one of the most lucrative businesses in the chemicals space. One of the most pivotal reasons this business has gained so much traction is because of the product’s massive deployment in the production of specialty resins. With such resins being used abundantly across a plethora of mainstream sectors, Dicyclopentadiene (DCPD) industry has observed a meteoric rise in the recent years. A section of chemical companies, therefore, exclusively place their focus on expanding resin capacity, so as to ultimately call their bets on Dicyclopentadiene market.

Dicyclopentadiene market 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.

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.

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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Some Points from Table of Content (ToC):
Chapter 3. Dicyclopentadiene market Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.3.4.1. List of key manufacturers/suppliers
3.3.4.2. List of key/potential customers
3.4. Raw material analysis
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Extensive usage of the product in automotive and marine sectors
3.5.1.2. Increasing demand for the product in other end-use industries
3.5.2. Industry pitfalls & challenges
3.5.2.1. Availability of substitute products
3.5.2.2. High product cost
3.6. Regulatory trends
3.7. Growth potential analysis
3.8. Competitive landscape
3.8.1. Company market share, 2016
3.8.2. Strategy dashboard
3.9. Porter’s analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Industry rivalry
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.1.1. R&D cost
3.10.1.2. Manufacturing & equipment cost
3.10.1.3. Raw material cost
3.10.1.4. Distribution cost
3.10.1.5. Operating cost
3.10.1.6. Miscellaneous cost
3.10.2. Price by product
3.10.3. Price by power rating
3.10.4. PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/dicyclopentadiene-dcpd-market

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