USD 811.01 Million
Report ID:
SQMIG15A2461 |
Region:
Global |
Published Date: January, 2025
Pages:
190
|Tables:
95
|Figures:
71
Global Dicyclopentadiene Market size was valued at USD 811.01 Million in 2023 poised to grow from USD 856.42 Million in 2024 to USD 1,324.34 Million by 2032 growing at a CAGR of 5.6% in the forecast period (2025-2032).
Higher altitude missile jets and aircraft need fuel with a high specific energy ratio, low viscosity, low freezing point, etc. In this sense, exo-tetrahydro dicyclopentadiene, a key ingredient in JP-10 fuel, may be made from its endo isomeric form, endo-tetrahydro dicyclopentadiene, and has the perfect qualities for use as missile fuel. Growth in the worldwide market is anticipated due to the growing need for lightweight, fuel-efficient military aircraft for counterterrorism and homeland security. The improvement of the commercial aviation network, the expanding travel industry, economic growth, and an increase in air traveler traffic are all factors contributing to the rising levels of aircraft manufacturing.
Significant changes in demand and uses across several industrial sectors are linked to the current situation of the dicyclopentadiene market. Dicyclopentadiene is a multipurpose cyclic hydrocarbon that is used in the manufacturing of specialty chemicals, resins, and polymers, among other things. The rising usage of dicyclopentadiene in the creation of high-performance composites is one important characteristic that has been noted among them. Furthermore, the global dicyclopentadiene market growth is significantly influenced by the petrochemical sector. Dicyclopentadiene is used to make cycloaliphatic hydrocarbon resins, which are useful raw materials for sealants, adhesives, and coatings.
Market snapshot - (2025-2032)
Global Market Size
USD 811.01 Million
Largest Segment
DCPD Resin Grade
Fastest Growth
DCPD UPR Grade
Growth Rate
5.6% CAGR
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The global dicyclopentadiene market is segmented based on type, end-user, application, and region. In terms of type, the market is trifurcated into DCPD resin grade, DCPD UPR grade, and DCPD high purity. Based on end-user, the market is grouped into building & construction, automotive, marine, electrical & electronic, and others. Based on application, the market is segmented into unsaturated polyester resin, hydrocarbon resins, ethylene propylene diene monomer (EPDM) elastomers, cyclic olefin copolymer (COC) & cyclin olefin polymer (COP), poly-DCPD, and others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.
Analysis by Type
As per categorization by type, the market is classified as DCPD resin grade, DCPD UPR grade, and DCPD high purity. Among these, DCPD resin grade earned the largest share and continues to hold the dominant global dicyclopentadiene market share. The dicyclopentadiene market is growing due to the versatility and superior performance of DCPD resin grade, even for applications such as coatings, adhesives, and automotive parts. Owing to its much better thermal stability together with good flexibility and the adhesion qualities to advance composite materials, the material caters for applications where higher performance characteristics are expected. These accessories provide lightweight and high-performance materials for automobiles and aerospace industries that are garnering the maximum demand for DCPD resin grade by increasing restrictions on quality and sustainability.
DCPD UPR (Unsaturated Polyester Resin) grade is poised to be the fastest-growing segment in the global dicyclopentadiene market due to its increasing demand in various industries, including automotive, construction, and marine. Some of the key driving factors that have influenced the growth of the market include rising automotive lightweight with corrosion resistance and durable materials, and an increase in demand for low-cost consumer-friendly resins. Mechanical properties, superior chemical resistance, and an improved processing of DCPD UPR grade render it an optimal choice for the production of high-performance materials. Thus, it positions DCPD UPR as a key solution in the responding progress of the evolving industry requirements.
Analysis by End-User
The automotive sector is driving significant innovation in the global dicyclopentadiene market, with DCPD-based materials being increasingly used in the production of lightweight, durable, and high-performance automotive components. Dicyclopentadiene was the preferred polymer for composites that made material for body panels, bumpers, and interior trim of vehicles due to its excellent strength, impact resistibility, and fuel efficiency, given the recent demand for sustainability and green solutions by the industry. Therefore, the major end-user of the market is the automotive sector, which is generating demand for the incorporation of high-performance, cost-effective materials in vehicles to improve their performance and safety and reduce their weight. The stringent rules on emissions and the trend toward electric vehicles can also be attributed to this phenomenon.
The building & construction sector is poised to be the fastest-growing end-user in the global dicyclopentadiene market due to the increasing demand for durable, high-performance materials in construction applications. Dicyclopentadiene-based resins are likely to be preferred due to their higher strength qualities, corrosion resistance, and shaping into highly sophisticated profiles. More typically, they would be applied in pipes and coatings and as structural elements. In today's construction projects, sustainability, cost-effective solutions, and ever-lasting materials seem to be the priorities; hence, the ability of dicyclopentadiene to enhance both durability and performance in building materials has been further motivating its use, thus being one of the reasons for the rapid growth of this influx into the sector.
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Asia Pacific dominates the global dicyclopentadiene market due to its rapidly growing industrial sectors, including automotive, construction, and electronics. That strong manufacturing industry of the region, especially in countries like China, India, or Japan, create the demand for advanced materials such as dicyclopentadiene-based resins. Rapidly diversifying from high reliance upon low-cost and low-density perishable materials into lightweight, durable yet reliable and cost-effective materials for all sorts of applications, the automotive and infrastructural assemblies propel the development of this market. Also, government measures aimed toward infrastructure and construction development projects of green buildings according to the general capability of large-scale production, have cemented the status of Asia Pacific as a leader in the dicyclopentadiene market and a powerhouse of innovation and consumption.
Europe is the fastest-growing region in the global dicyclopentadiene market, driven by a strong demand for sustainable, high-performance materials in automotive, construction, and aerospace industries. Low carbon footprints, green innovation, and city dwelling have now been at the heart of this region, given that this property complements well with dicyclopentadiene attributes, durability, and light weight. So far, Europe has been considered a center of advanced manufacturing and technical innovation with some critical end-users investing in R&D for the development of state-of-the-art applications for dicyclopentadiene. Stringent environmental regulations and rising demand for electric vehicles (EVs) drive the adoption of dicyclopentadiene-based materials further, and indeed, contribute to the market's growth across the region.
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Drivers
Rising Demand for Lightweight Materials
Growing Construction Industry
Restraints
Volatility in Raw Material Prices
Environmental and Regulatory Challenges
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The global dicyclopentadiene market has become highly competitive. Key players are focusing on innovations in products, strategic partnerships, and expansions in capacities. International headliners in dicyclopentadiene market include Shell Chemicals, ExxonMobil, Dow Chemical, and Evonik Industries and actively take part in enhancing dicyclopentadiene production technologies, expand their footprint, all with a view to meeting high-performance material demands in industries such as automotive, construction, electronics which drive growth and technology advancement in the market.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global dicyclopentadiene industry is experiencing significant growth driven by diverse applications across industries such as automotive, construction, and aerospace. The lightweight and long-lasting materials which are directed to high-performance applications are set to create a higher demand in the market together with the advances in technology in production processes.
Additionally, the increasing attention to sustainability and green crafts, as well as the soaring demand for dicyclopentadiene-based products, propel the dynamics of this market forward. The Asia-Pacific region takes the top spot, while Europe makes it to the list of the fastest-growing regions, confirming the global nature of this evolving market. However, growth may be negatively influenced by volatile prices of raw materials and regulatory challenges.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 811.01 Million |
Market size value in 2032 | USD 1,324.34 Million |
Growth Rate | 5.6% |
Base year | 2024 |
Forecast period | (2025-2032) |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Dicyclopentadiene Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dicyclopentadiene Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dicyclopentadiene Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Dicyclopentadiene Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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