IMARC Group, a leading market research company, has recently releases report titled “Dicyclopentadiene Market Report by Type (DCPD UPR Grade, DCPD Resin Grade, DCPD High Purity), Application (Unsaturated Polyester Resin, Hydrocarbon Resins, Ethylene Propylene Diene Monomer (EPDM) Elastomers, Cyclic Olefin Copolymer (COC) and Cyclin Olefin Polymer (COP), Poly-DCPD, and Others), End User (Building and Construction, Automotive, Marine, Electrical and Electronic, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the dicyclopentadiene market share.
How Big Is the Dicyclopentadiene Market?
The global dicyclopentadiene market size reached US$ 820.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,220.0 Million by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.
Industry Overview of Dicyclopentadiene
Dicyclopentadiene (C10H12) is a hydrocarbon compound that is a bicyclic diene composed of two cyclopentadiene rings fused together. It appears liquid in normal room temperatures and possesses an acrid odor. It can be polymerized to produce a thermosetting resin that is commonly used in the production of automotive parts and electrical components. It is utilized as a chemical intermediate to produce certain pesticides and resins. It is also employed as a flame retardant in plastics and in the production of elastomer resin systems, varnishes, and ferrocene compounds.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/dicyclopentadiene-market/requestsample
What are the growth prospects and trends in the dicyclopentadiene industry?
At present, the increasing utilization of C10H12 as industrial catalysts and solvents represents one of the primary factors influencing the market positively. Besides this, the rising demand for environment friendly products, such as biobased C10H12, is propelling the growth of the market.
In addition, the growing employment of unsaturated polyester resins in manufacturing paints and coatings, adhesives, rubbers, and modified wax is offering a favorable market outlook. Apart from this, the increasing employment of plastics in manufacturing a wide variety of daily-use products, containers, toys, tools, and coverings is supporting the growth of the market.
Additionally, the rising adoption of C10H12 as a hardener and dryer in linseed and soybean oil production is bolstering the growth of the market.
Leading Companies Operating in the Global Dicyclopentadiene Industry:
- Cymetech Corporation (Sojitz Corporation)
- Dow Inc.
- KH Chemicals
- Kolon Industries Inc.
- LyondellBasell Industries N.V.
- Merck KGaA
- NOVA Chemicals Corporation
- Royal Dutch Shell plc
- Shandong Qilong Chemical Co.Ltd.
- Texmark Chemicals Inc. (Chemical Exchange Industries Inc.)
- Yeochun NCC Co. Ltd. (Hanwha Group)
- ZEON Corporation.
Dicyclopentadiene Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- DCPD UPR Grade
- DCPD Resin Grade
- DCPD High Purity
Breakup by Application:
- Unsaturated Polyester Resin
- Hydrocarbon Resins
- Ethylene Propylene Diene Monomer (EPDM) Elastomers
- Cyclic Olefin Copolymer (COC) and Cyclin Olefin Polymer (COP)
- Poly-DCPD
- Others
Breakup by End User:
- Building and Construction
- Automotive
- Marine
- Electrical and Electronic
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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