Dicyclopentadiene Market Size, Growth Strategies 2022-28

According to Precision Business Insights (PBI), latest report, the global dicyclopentadiene market size was valued at USD 1,027.5 million in 2022 and is expected to grow at a 6.1% CAGR during the forecast period 2022-2028. The primary drivers of the expansion of the global dicyclopentadiene market include the increasing demand for battery usage and increasing usages as an industrial catalyst and solvent.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/dicyclopentadiene-market/

Based On Grade- DCPD UPR To Dominate the Dicyclopentadiene Market:
DCPD UPR is likely to cross the dicyclopentadiene market, which is resulting in the exceptional mechanical and functional capabilities, used to make paints and coatings, adhesives, rubber, pesticides and insecticides, varnishes, modified wax, and other non-woven items. Aside from that, the high purity grade is predicted to rise rapidly due to rising demand for flavorants, perfumes, cyclic olefin copolymers, and antioxidants. During the forecast period, all of the aforementioned reasons are projected to boost the dicyclopentadiene market.

The dicyclopentadiene market is segmented based on grade, application, end -user and geography.
Based On the Grade:
• DCPD Resin
• DCPD UPR
• DCPD High Purity

Based On the Applications:
• Unsaturated Polyester Resin (UPR)
• Hydrocarbon Resins
• Ethylene Propylene Diene Monomer (EPDM) Elastomers
• Cyclic Olefin
• Poly-DCPD
• Others

Based on End User:
• Building and Construction
• Automotive
• Marine
• Electrical and Electronics
• Others

Based On Geography:
• North America
• Europe
• Asia-Pacific
• Middle East and Asia
• Latin America

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=65413

Asia Pacific Dicyclopentadiene Market
The Asia-Pacific region is expected to be the largest dicyclopentadiene market. Furthermore, increased demand in the region's building and construction and electrical and electronics industries is likely to contribute to demand in the market researched throughout the projection period. India's electronics sector has seen an increase in demand, with market size expanding at a rapid rate. The North America region is also expected to record a significant growth rate in the upcoming forecast period.

The dicyclopentadiene market report key players are Braskem, Chevron Phillips Chemical, Lyondell Basell, Zeon Corporation, DOW, Exxonmobil Chemical, Cymetech Corporation, Wego Chemical Group, Core Molding and Eneos Corporation.

Contact:
Mr. Satya
Precision Business Insights | Toll-Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.