openPR Logo
Press release

The Impact of Global Factors on Dicyclopentadiene Price Trends

01-09-2024 09:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Procurement Resource

The Impact of Global Factors on Dicyclopentadiene Price Trends

In Q1 2023, the dicyclopentadiene market in Asia saw growth driven by strong naphtha demand from downstream industries and rising crude oil prices. However, Q2 witnessed a decline due to reduced downstream demand, falling crude oil costs, import price hikes, and regional oversupply. In Europe, Q1 experienced dicyclopentadiene price increases due to higher purchasing power and improved feedstock demand, yet Q2 saw a substantial decline influenced by plummeting feedstock prices, mainly due to negative crude oil trends. North America's Q1 displayed rising dicyclopentadiene prices due to increased naphtha costs and robust downstream interest, but Q2 suffered from decreased feedstock prices, economic instability, and falling crude oil costs, negatively affecting dicyclopentadiene prices.

Request for Real-Time Dicyclopentadiene Prices: https://www.procurementresource.com/resource-center/dicyclopentadiene-price-trends/pricerequest

Definition

Dicyclopentadiene (DCPD) is a highly reactive chemical compound with the formula C10H12. It exists as a colorless to light yellow liquid at room temperature. DCPD is used in the production of various industrial materials, such as resins, adhesives, and plastics. It undergoes polymerization to form a rigid and durable substance, making it valuable for manufacturing composite materials. Its reactivity allows for the synthesis of specialized resins used in applications like automotive parts and coatings. DCPD's versatile properties make it a key component in the production of a wide range of industrial products.

Dicyclopentadiene Price Trends: https://www.procurementresource.com/resource-center/dicyclopentadiene-price-trends

Key Details About the Dicyclopentadiene Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Dicyclopentadiene in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Dicyclopentadiene Price chart, including India Dicyclopentadiene price, USA Dicyclopentadiene price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Dicyclopentadiene Price Trends:

Dicyclopentadiene (DCPD) finds diverse industrial applications. Its polymerization forms cyclopentadiene resins, used in producing automotive components, marine coatings, and structural materials due to their durability and heat resistance. In the adhesives industry, DCPD is crucial for formulating specialized adhesives, particularly in applications requiring strong bonding under harsh conditions. DCPD-based resins also play a role in the manufacturing of high-performance composite materials, contributing to lightweight and strong products in sectors like aerospace and sports equipment. Moreover, DCPD serves as a precursor for various chemicals, including flavor and fragrance compounds, pharmaceutical intermediates, and agricultural chemicals, showcasing its significance across multiple industrial sectors.

Key Players:
Exxon Mobil Corporation
Chevron Phillips Chemical Company
Cymetech Corporation
Nova Chemicals Corporation
Tokyo Chemical Industry Co Ltd

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Impact of Global Factors on Dicyclopentadiene Price Trends here

News-ID: 3346126 • Views:

More Releases from Procurement Resource

Latest Lithium Sulfate Manufacturing Plant Project Report
Latest Lithium Sulfate Manufacturing Plant Project Report
Procurement Resource, a leading provider of procurement intelligence and market research solutions, has launched its latest Lithium Sulfate Manufacturing Report. This in-depth report provides a roadmap for entrepreneurs and businesses looking to establish a successful lithium sulfate manufacturing unit, offering critical insights into industry trends, plant setup, machinery requirements, cost structures, and investment opportunities. Lithium Sulfate: A Key Industrial Compound Lithium sulfate (Li2SO4) is an inorganic compound widely utilized across various industries
Latest Watermelon Production Cost Report by Procurement Resource
Latest Watermelon Production Cost Report by Procurement Resource
Procurement Resource, a global leader in procurement intelligence and market research, proudly presents its latest Watermelon Production Cost Report. This all-inclusive report serves as a strategic tool for investors, agribusinesses, entrepreneurs, and stakeholders involved in or planning to enter the watermelon cultivation industry. It offers deep insights into production costs, cultivation techniques, market dynamics, input trends, sustainability practices, and profitability analysis to aid in informed decision-making. Watermelon: A Nutrient-Rich Global Fruit
Latest White Wine Production Cost Report by Procurement Resource
Latest White Wine Production Cost Report by Procurement Resource
Procurement Resource, a trusted name in procurement intelligence and market research, is pleased to release its latest White Wine Production Cost Report. This in-depth and meticulously researched document is a crucial tool for vineyard owners, investors, beverage industry stakeholders, and entrepreneurs aiming to understand the financial, operational, and market dynamics of white wine production. With comprehensive cost assessments, process insights, raw material evaluations, and industry trends, this report equips businesses
Salicylic Acid Price Trend: Market Analysis, Historical Forecasts, and Regional Outlook
Salicylic Acid Price Trend: Market Analysis, Historical Forecasts, and Regional …
Salicylic acid is a versatile organic compound widely used in pharmaceuticals, personal care products, and the food and chemical industries. Its popularity as a key ingredient in acne treatment formulations, preservatives, and analgesics has led to increasing demand globally. As such, understanding the Salicylic Acid price trend is essential for manufacturers, procurement professionals, distributors, and analysts operating within these markets. In this comprehensive guide, we explore the current pricing landscape, market

All 5 Releases


More Releases for Dicyclopentadiene

Dicyclopentadiene Market is Led by APAC
The dicyclopentadiene market will touch USD 1,373.9 million, propelling at a 5.3% compound annual growth rate, by 2030. The growth of the industry is mainly because of the increasing utilization of dicyclopentadiene for resins, polymers, and various other specialty chemicals. Furthermore, because of its extremely reactive nature, it can be utilized as an intermediate for the production of various performance chemicals utilized in packaging, automotive & marine, and building & construction
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/
Dicyclopentadiene Prices, Trend & Forecasts | Provided by Procurement Resource
Product Name - Dicyclopentadiene Currency - US$ (Data can also be provided in local currency) Customization Scope - The report can be customized as per the requirements of  the customer Post-Sale Analyst Support - 360-degree analyst support after service delivery Region/Countries for which Data is available Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar,
Dicyclopentadiene Market To Reach $1,373.9 Million by 2030
The chemical dicyclopentadiene is light yellow in color and smells strong. The majority of the time, it is a liquid at room temperature. Two cyclopentadiene molecules undergo the Diels-Alder process to create it. It is available as endo-DPCD and Exo-DPCD, two stereoisomers. It is used to make unsaturated polyester resins, ethylene-propylene-diene rubbers, and hydrocarbon resins. It is used to make specialty polymers and fine chemicals, such as flame retardants, agrochemicals, cyclic
Dicyclopentadiene Market due to Increasing Need for Chemicals
The chemical dicyclopentadiene is light yellow in color and smells strong. The majority of the time, it is a liquid at room temperature. Two cyclopentadiene molecules undergo the Diels-Alder process to create it. It is available as endo-DPCD and Exo-DPCD, two stereoisomers. It is used to make unsaturated polyester resins, ethylene-propylene-diene rubbers, and hydrocarbon resins. It is used to make specialty polymers and fine chemicals, such as flame retardants, agrochemicals, cyclic
Dicyclopentadiene Market offers good growth opportunities post COVID-19
The Dicyclopentadiene Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Dicyclopentadiene Market Forecast: Dicyclopentadiene Market is likely to witness an impressive Healthy CAGR of >4.0% during the forecast period. Stratview Research's reports are