Press release
Dicyclopentadiene Market Size To Surpass US$ 1,054.0 Million by 2028 | CAGR 4.9%
Dicyclopentadiene Market Report
Dicyclopentadiene (DCPD), with the formula (C₁₀H₁₂), also known as biscyclopentadiene, is a colorless, flammable, and waxy chemical compound with a camphor-like odor. It is commonly produced in extensive quantities through the steam cracking of petroleum products, including crude oil, naphtha, and gas oils. In addition, it is widely used in the production of cyclic olefin, poly dicyclopentadiene (DCPC), inks, paints, hydrocarbon resins, and adhesives. As a result, it finds extensive applications in building and construction, agriculture, food and beverage (F&B), automotive, marine, construction, packaging, and electronics sector across the globe.
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Dicyclopentadiene Market Trends and Drivers:
The market is primarily driven by the expanding automotive industry across the globe. Dicyclopentadiene is widely utilized to produce several flame-resistant automotive components, including spoilers, bumpers, fenders, and body panels. In addition, the widespread application of dicyclopentadiene in the production of resins such as phenolic, specialty, hydrocarbon, polyester, acrylates, epoxy, lattices, and unsaturated polyester resin (UPR) is contributing to the market growth.
Moreover, several product innovations, such as the development of environment-friendly bio-based ethylene propylene diene monomer (EPDM), represent another major growth-inducing factor. It is manufactured using plant-based and durable materials, which help minimize carbon emissions. Besides this, the escalating demand for DCPD in the construction industry to employ bathroom electrical fabrication of bathtubs and swimming pools is providing a thrust to the market growth.
Furthermore, the widespread adoption of dicyclopentadiene as an industrial catalyst in producing industrial containers, sanitary ware, pipes, pesticides, flame retardants, and construction equipment is creating a positive market outlook across the globe.
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Global Dicyclopentadiene Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Dicyclopentadiene Companies:
Cymetech Corporation (Sojitz Corporation), Dow Inc., KH Chemicals, Kolon Industries Inc., LyondellBasell Industries N.V., Merck KGaA, NOVA Chemicals Corporation, Royal Dutch Shell plc, Shandong Qilong Chemical Co.Ltd., Texmark Chemicals Inc. (Chemical Exchange Industries Inc.), Yeochun NCC Co. Ltd. (Hanwha Group) and ZEON Corporation.
The report has segmented the market on the basis of region, type, application and end user.
Breakup by Type:
DCPD UPR Grade
DCPD Resin Grade
DCPD High Purity
Breakup by Application:
Unsaturated Polyester Resin
Hydrocarbon Resins
Ethylene Propylene Diene Monomer (EPDM) Elastomers
Cyclic Olefin Copolymer (COC) and Cyclin Olefin Polymer (COP)
Poly-DCPD
Others
Breakup by End User:
Building and Construction
Automotive
Marine
Electrical and Electronic
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Product Name - Dicyclopentadiene
Currency - US$ (Data can also be provided in local currency)
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Post-Sale Analyst Support - 360-degree analyst support after service delivery
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