Dicyclopentadiene Market

Dicyclopentadiene Market Size, Share, Growth Analysis, By product grades(high purity, UPR), By Regional(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG15A2199 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Dicyclopentadiene Market Insights

Market Overview:

The global dicyclopentadiene market is expected to grow substantially over the next seven years due to the rising plastics and resins sector. Dicyclopentadiene (DCPD) is used to make resins such as aromatic hydrocarbons resins, acrylates, resins made from phenolic compounds, resins with epoxy lattices, speciality resins that are unsaturated polyester resins, as well as other specialty intermediates. Increasing dicyclopentadiene's application breadth is likely to drive market expansion over the forecast period. DCPD is used in the production of finishes, paints, elastomers, and retardants for plastics, as well as metallocenes, insecticides, and pesticides and hot melt adhesives. Rising plastic demand, notably in Asia Pacific, is likely to drive market growth in the near term.

Dicyclopentadiene Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Dicyclopentadiene was estimated to be valued at US$ XX Mn in 2021.

The Dicyclopentadiene Market is estimated to grow at a CAGR of XX% by 2028.

The Dicyclopentadiene Market is segmented on the basis of product grades, Regional.

Based on region, the Dicyclopentadiene Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Dicyclopentadiene Market are The Dow Chemical Company, ExxonMobil Chemical, Chevron Phillips, Braskem SA. , JX Nippon Oil & Energy Corp., ZEON, Shell Chemicals, Shandong Yuhuang, Fushun Yikesi, Sinopec Shanghai Petrochemical Limited (SPC).

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Dicyclopentadiene Market

Product ID: UCMIG15A2199

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