Dicyclopentadiene (DCPD) is the dimer of cyclopentadiene. It is produced through the Diels Alder Reaction. DCPD is useful in manufacturing several resins such as aromatic hydrocarbon resins, acrylates, phenolic resins, epoxy resins, and lattice specialty resins, and other specialty intermediates. DCPD is used to manufacture products such as varnishes, paints, elastomers, and flame retardants for plastics, metallocenes, pesticides, insecticides, and hot melt adhesives.
MARKET DYNAMICS
Rising plastic demand, especially in the Asia Pacific, is projected to bolster the market growth over the foreseeable future. The highly reactive nature of DCPD is used as an intermediate for unsaturated polyesters, aromatic hydrocarbons, epoxies, and phenolic. Environmental concerns associated with E&P activities, including wastewater treatment in enhanced oil recovery methods are anticipated to affect market growth negatively. Shifting trends towards renewables is presumed to be another challenge for the industry participants over the next seven years. Increasing phthalic anhydride use as DCPD substitute in applications such as boat building is assumed to hinder market growth over the forecast period.
MARKET SCOPE
The "Global Dicyclopentadiene (DCPD) Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the dicyclopentadiene (DCPD) market with detailed market segmentation by type, end-use and application. The global dicyclopentadiene (DCPD) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dicyclopentadiene (DCPD) of market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dicyclopentadiene (DCPD) market is segmented on type, end-use and application. By type, the dicyclopentadiene (DCPD) market is classified into DCPD Resin Grade, DCPD UPR Grade, and DCPD High Purity. Based on end-use, the dicyclopentadiene (DCPD) market is classified into building and construction, automotive, marine, electrical and electronic, and others. On the basis of application, the dicyclopentadiene (DCPD) market is classified into Unsaturated Polyester Resin, Hydrocarbon Resins, Ethylene Propylene Diene Monomer (EPDM) Elastomers, Cyclic Olefin Copolymer (COC) and Cyclic Olefin Polymer (COP), Poly-DCPD, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global dicyclopentadiene (DCPD) market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The dicyclopentadiene (DCPD) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dicyclopentadiene (DCPD) market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the dicyclopentadiene (DCPD) market in these regions.
MARKET PLAYERS
The reports cover vital developments in the dicyclopentadiene (DCPD) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the dicyclopentadiene (DCPD) market are anticipated to lucrative growth opportunities in the future with the rising demand for dicyclopentadiene (DCPD) in the global market. Below mentioned is the list of few companies engaged in the dicyclopentadiene (DCPD) market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dicyclopentadiene (DCPD) market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Dow Chemical Company
- LyondellBasell Industries N.V.
- Braskem
- ExxonMobil Chemical Company
- Chevron Phillips Chemical Company, LLC
- Cymetech Corporation
- ZEON CORPORATION
- Kolon Industries
- Shell Chemicals
- Shandong Yuhuang Chemical Co., Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.