DCPD Resin Market Revenue Strategy and Business Planning Research by (2021-2027) | Kolon Hydrocarbon, PuyangTiancheng Chemical Co., Ltd. Arakawa Chemical Industries

Report Ocean releases its latest report on the global DCPD Resin Market. DCPD resin, a low-cost thermoplastic resin, manufactured from cyclopentadiene. DCPD is a very reactive resin. It readily copolymerizes and has found many applications. DCPD is widely used in many industries, such as – Paints and coating, tackifiers, hot melt adhesives, EDPM rubber, etc. Furthermore, the growing construction work in the Asia Pacific region will fuel the growth of the DCPD resin market.

The global DCPD resin market is growing at a potential growth rate Year-over-Year (YoY) and has reached USD 655 million in 2020. The market is further expected to touch USD  million by 2027, growing at a CAGR of almost 7% during 2021-2027 (forecast period).

Global DCPD Resin Market Overview:

DCPD resin, a very reactive thermoplastic resin, is formed by the Diels-Alder addition reaction of two cyclopentadiene molecules producing 2 stereoisomers. (Endo and Exo). DCPD is used as a reactive diluent, cross-linking agent, and curative. There has been a steady growth in the construction and automotive sectors, which is going to raise the demand for the DCPD. DCPD is used to produce unsaturated polyester resin, which is extensively used in the construction industry.

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Growth Drivers 

Increasing demand for high-quality optical lenses

DCPD resin is being used to produce high-quality optical lenses. The ever-growing obsession of people with the high definition pictures is providing a good platform for the growth of the optical lens market, which will directly contribute towards the growth of the DCPD resin market. The optical lens market is already worth many billions and is likely to grow at a very steady pace and will drive the DCPD market as well. DCPD is also used to enhance the heat resistivity of plastics.

UPR (Unsaturated Polyester Resin) will again be leading the DCPD resin market in the forecast period.

UPR is one of the major products of DCPD. Unsaturated polyesters manufactured from DCPD have enhanced thermal and oxidative resistance properties. UPR also has high processability and low linear shrinkage as compared to other polyester resins. Unsaturated polyester resins have found usages in the production of large glass fibers, reinforced plastic articles including sanitary ware, tanks, pipes. The use of UPR in cryogenic tanks is also going to contribute to the growth of the market.

The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.

The reports on the Global DCPD Resin Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global DCPD Resin Market growth rates.

Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the DCPD Resin Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.

Impact Analysis of COVID-19

A detailed study of Covid-19 impacts the DCPD Resin Market is provided in the report.

The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected DCPD Resin Market segments.

While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.

Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.

The report extensively examines the fundamental aspects of the Global DCPD Resin Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the DCPD Resin Market provides insight into the factors influencing its growth. This market study breaks down the DCPD Resin Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.

Regional Overview

An analysis of the DCPD Resin Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the DCPD Resin Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.

Leading Competitors

The leading prominent competitors in the global DCPD Resin Market are:

Petroleum Resin market are Brasken, Cymetech (Owned by Sojitz), Reliance Industries, Henghe Petrochemical Co., Ltd, Shandong ShenxianRuisen Petroleum Resins Co., Ltd, Cepsa, Mitsui Chemicals, Ineos Phenol, ExxonMobil, Rain carbon, Zeon Corporation, Idemitsu, Puyang Changyu Petroleum Resins, Lesco, Kolon Hydrocarbon, PuyangTiancheng Chemical Co., Ltd. Arakawa Chemical Industries, Eastman Chemical Company, BASF, Dow Chemicals, and other prominent players.

Scope of the Report

The global DCPD Resin Market segmentation focuses on:

By End Use Industry

Ø  Fragrances

Ø  Unsaturated Polyester Resins

Ø  Tackifiers

Ø  Paints and coatings

Ø  Hot melt adhesives

Ø  Others

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