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Dicyclopentadiene (DCPD) Market Achieves 1265.86 Million USD Valuation, with a Projected CAGR of 4.1% by 2034

11-15-2024 05:45 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Dicyclopentadiene (DCPD) Market Achieves 1265.86 Million USD

๐ƒ๐ข๐œ๐ฒ๐œ๐ฅ๐จ๐ฉ๐ž๐ง๐ญ๐š๐๐ข๐ž๐ง๐ž (๐ƒ๐‚๐๐ƒ) ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The dicyclopentadiene (DCPD) market size was valued at USD 849.44 million in 2024. It is projected to grow to USD 1265.86 million by 2034, exhibiting a compound annual growth rate (CAGR) of 4.1% from 2025 to 2034.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Dicyclopentadiene (DCPD) is a dimer formed from cyclopentadiene. It is a crystalline white substance that possesses a scent similar to camphor. It is produced in large amounts through the vapor cracking of C5 petroleum products. Normally, these items consist of crude oil, gas oils, naphtha, and more. DCPD is commonly utilized as a basic ingredient in the creation of resins, such as aromatic hydrocarbon resins, unsaturated polyester resins, epoxy resins, specialty resins, and phenolic resins. It is also used in the production of acrylates, alkyds, and lattices.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/dicyclopentadiene-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ— The market is undergoing major transformations because of innovations in manufacturing technology. Advancements in catalytic methods and polymerization practices have resulted in enhanced efficiency and cost-effectiveness in the production of DCPD.
โ— The range of applications for DCPD is expanding, fueled by the material's adaptability and the increasing demands of multiple industries. Historically utilized in unsaturated polyester resins, DCPD is now being applied in emerging fields, including high-performance coatings and advanced composite materials.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Top companies in the worldwide market focus on strategic acquisitions to boost their research and development capabilities and secure a competitive advantage, enabling them to offer consumers innovative products. Here is the list of the leading companies operating in the dicyclopentadiene (DCPD) market:

โ€ข Shell Chemicals
โ€ข ExxonMobil Chemical
โ€ข Chevron Phillips Chemical Company
โ€ข LyondellBasell Industries
โ€ข Repsol
โ€ข Idemitsu Kosan Co., Ltd.
โ€ข Saudi Basic Industries Corporation (SABIC)
โ€ข INEOS
โ€ข Mitsui Chemicals, Inc.
โ€ข Tokuyama Corporation
โ€ข BASF SE
โ€ข Formosa Plastics Corporation
โ€ข Westlake Chemical
โ€ข Global Bio-Chem Technology Group
โ€ข PTT Global Chemical Public Company Limited

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/dicyclopentadiene-market/inquire-before-buying

๐ƒ๐ข๐œ๐ฒ๐œ๐ฅ๐จ๐ฉ๐ž๐ง๐ญ๐š๐๐ข๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข Based on application, the unsaturated polyester resin segment dominates the Dicyclopentadiene Market due to its extensive use in the automotive and construction industries, driven by the material's durability and performance. The cyclic olefin polymer (COP) & copolymer (COC) segment is the fastest-growing, spurred by increased demand for high-performance materials in packaging and medical devices.
โ€ข By grade outlook, the high-purity DCPD grade holds the largest market share, attributed to its critical role in high-end applications requiring stringent quality standards. Polyester grade DCPD is experiencing the highest growth due to its significant use in unsaturated polyester resins, which are increasingly demanded in infrastructure and automotive sectors.
โ€ข Asia Pacific is both the largest and the fastest-growing market for DCPD, driven by rapid industrialization and expanding applications in automotive, construction, and electronics. North America and Europe continue to be strong markets but are growing at a slower pace compared to the dynamic expansion observed in Asia Pacific.

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/dicyclopentadiene-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The dicyclopentadiene (DCPD) market is mainly segmented based on the application, grade, and region. Based on the application analysis, in 2024, the unsaturated polyester resins segment accounted for the largest market share because of the widespread application of these resins in sectors like automotive, construction, and marine.

Moreover, according to the grade analysis, in 2024, the high-purity grade segment accounted for the largest market share due to its essential role in applications that demand high quality and performance standards, like advanced polymers and electronics.

Polaris Market Research has segmented the Dicyclopentadiene Market report based on application:

By Application Outlook (Revenue - USD Million, 2020-2034)
โ€ข Unsaturated Polyester Resin
โ€ข Hydrocarbon Resins
โ€ข EPDM Elastomers
โ€ข Cyclic Olefin Polymer (COP) & Copolymer (COC)
โ€ข Poly-DCPD

By Grade Outlook (Revenue - USD Million, 2020-2034)
โ€ข High Purity
โ€ข Polyester Grade
โ€ข Hydrocarbon Grade

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Polypropylene Nonwoven Fabric Market: https://www.polarismarketresearch.com/industry-analysis/polypropylene-nonwoven-fabrics-market

Plate & Frame Heat Exchangers Market: https://www.polarismarketresearch.com/industry-analysis/plate-and-frame-heat-exchangers-market

Extruded Polystyrene Market: https://www.polarismarketresearch.com/industry-analysis/extruded-polystyrene-market

Glass Substrate Market: https://www.polarismarketresearch.com/industry-analysis/glass-substrate-market

Nitrile Butadiene Rubber Market: https://www.polarismarketresearch.com/industry-analysis/nitrile-butadiene-rubber-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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