Dicyclopentadiene Market Size To Surpass US$ 1,054.0 Million by 2028 | CAGR 4.9%

IMARC Group has recently released a new research study titled "Dicyclopentadiene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global dicyclopentadiene market size reached US$ 782.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,054.0 Million by 2028 exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

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.

Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/dicyclopentadiene-market/requestsample

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.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=5159&method=1

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

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/dicyclopentadiene-market

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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.

Browse Other Reports:

Smoke Evacuation Systems Market Report: https://www.imarcgroup.com/smoke-evacuation-systems-market

Defoaming Coating Additives Market Report: https://www.imarcgroup.com/defoaming-coating-additives-market

Rubber Gloves Market Report: https://www.imarcgroup.com/rubber-gloves-market

Civil Engineering Market Report: https://www.imarcgroup.com/civil-engineering-market

Interventional Cardiology Devices Market Report: https://www.imarcgroup.com/interventional-cardiology-devices-market

Precision Ball Screw Market Report: https://www.imarcgroup.com/precision-ball-screw-market

Mining Lubricants Market Report: https://www.imarcgroup.com/mining-lubricants-market

IMARC Services Private Limited.
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.