The Global Dicyclopentadiene Market was valued US$ X.43 Bn and is expected to reach XX.3Bn by 2027, at a CAGR of X.5% during a forecast period.
Global Dicyclopentadiene Market, By Region
Braskem + operates in the chemical and petrochemical industry and plays a significant role in other production chains that are essential to economic development. Braskem is the only integrated first- and second-generation petrochemical producer of thermoplastic resins in Brazil. Additionally, China based chemical company, Nanjing Yuangang Fine Chemicals Co Ltd, was registered at national chemical Park-Nanjing Chemical Industry Park. The company has built one set of 150,000ton/year C5 fraction plant and one set of 25,000 ton C5 petroleum resin plant.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
The plant is one of the interfacing projects of large auxiliary ethylene plant in the chemical park. Main products from the plant include isoprene, dicyclopentadiene 80~99%, piperlene, C5 petroleum resin and others. The Global dicyclopentadiene market was valued US$ X.43 Bn and is expected to reach XX.3Bn by 2027, at a CAGR of X.5% during a forecast period.
Market Drivers and Restraints:
High thermal stability is increasing demand for dicyclopentadiene market. Growth in end-user industries like, paints and adhesives, plastics and paper, documented as major growth factor for dicyclopentadiene market and expected to show constant growth during the forecast year. Widespread operation of the product as initial raw material to manufacture the polyester and polymer resins, further used to produce the shell and parts of boats and automobile. DCPD is also used for the production of high purity resins which manage to achieve high optical disks, lenses, performance films and other sphere of electronic products, will boost the entire dicyclopentadiene market growth throughout the forecast period. Presence of Asian countries are on the top of the list for the notable production and consumption of the UPR owing to presence of several manufacturing units and industries. Hence, will positively help to unhinder the industry growth by 2027.
Moreover, the availability of prominent substitute in raw material with high end product cost is expected to hinder the market.
Dicyclopentadiene Market Segment analysis:
In terms of product grades, polyester resin grade has documented the largest DCPD product grade segment in the year of 2019 and this development is expected to last over the next seven years; because of high use in the production of UPR. Properties like great color properties and less number of trimmers and co-dimers linked give UPR grade an edge over resin grade. Furthermore, UPR s commonly used in land transport components, hulls and decks of boats, molding, laminating resins, FRP structures, also applied in other application like adhesives, flooring materials, encapsulation, composites, castings, buttons, filler pastes, gel coats, polymer concrete, tooling, pigment pastes, putties, and fire-retardant and anti-corrosion coating for the end products.
Dicyclopentadiene Market Regional Analysis:
Regionally, Asia Pacific is expected to dominate the dicyclopentadiene market and is expected to grow at CAGR of XX % during the forecast period. Developing regions like India, China, and Japan are considered major contributors for the Dicyclopentadiene market growth in the Asia Pacific region. In 2019 market size was valued US$ XX Bn in while in China, market size was valued XX Bn and expected to increase by US$ XX Bn in coming years.
The objective of the report is to present a comprehensive analysis of the Global Dicyclopentadiene Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Dicyclopentadiene Market dynamics, structure by analysing the market segments and project the Global Dicyclopentadiene Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Dicyclopentadiene Market make the report investor’s guide.
Scope of Dicyclopentadiene Market
Global Dicyclopentadiene market, By Grade
• Hydrocarbon Grade
• Polyester Grade
• High Purity
Global Dicyclopentadiene market, By Applications
• Cyclic Olefin Polymer (COP) and Copolymer (COC)
• Unsaturated Polyester Resin
• Hydrocarbon Resins
• EPDM Elastomers
• High Energy Fuels
Global Dicyclopentadiene Market, By Region
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Dicyclopentadiene Market,
• LyondellBasell Industries Holdings B.V
• Chevron Phillips Chemical Company
• Nanjing Yuangang Fine Chemical Co
• China Petrochemical Corporation
• Advanced Cement Technologies
• Market positioning of vendors
• The Dow Chemical Company
• Texmark Chemicals Inc
• Maruzen Petrochemical
• Cymetech Corporation
• NOVA Chemicals Corp
• Royal Dutch Shell Plc
• Texmark Chemicals
• Vendors covered
• Exxon Mobil Corp
• NOVA Chemicals
• Shell Chemicals
• TCI Chemicals
• Chevron Corp
• Sojitz Corp
• Zeon Corp
• Dow Inc
• JSR Corp
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