Global Dicyclopentadiene Market By Grade (High Purity, Polyester Grade (Upr), Hydrocarbon Resin Grade, Others), By Application (Unsaturated Polyester Resin, Hydrocarbon Resins, Ethylene Propylene Diene Monomer (Epdm) Elastomers, Others), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2028

Market.us announces publication of its most recently generated research report titled, “Global Dicyclopentadiene Market by Grade (High Purity, Polyester Grade (UPR), Hydrocarbon Resin Grade, others), By Application (Unsaturated Polyester Resin, Hydrocarbon Resins, Ethylene Propylene Diene Monomer (EPDM) Elastomers, Cyclic Olefin Copolymer & Cyclic Olefin Polymer, Poly-DCPD, others), by End Use Industry ( Building & Construction, Automotive, Marine, Electrical & Electronics, others) and by Region – Global Forecast to 2028.”, which offers a holistic view of the Global Dicyclopentadiene Market through systematic segmentation that covers every aspect of the target market.

The Global Dicyclopentadiene Market is projected to be US$ 648.2 Mn in 2019 to reach US$ 1065.1 Mn by 2029 at a CAGR of 5.1%.

DCPD is also known as Dicyclopentadiene, is a compound with chemical formula C10H12. It is a clear light yellow color liquid, at room temperature with an acrid odor. DCPD, aka Dicyclopentadiene, is an artificial chemical compound created by heating gas oils such as crude oil or Naphtha. It is used in adhesives, paints, inks, and especially thermoset resins. Dicyclopentadiene resin is described by its resistance to heat, its low viscosity, and corrosive chemicals when compared to thermoplastic resins that are used in standard injection molding. Dicyclopentadiene is a reaction injection molding process for efficiently and quickly creating large parts using DCPD resin. It uses a closed mold with low-oxygen and low-moisture environment. The resulting product is strong, large, and lightweight. These characteristics make DCPD quite a popular choice for protective coverings such as hoods, shields, and the outer bodies of trucks, cars, and machinery. In addition to this, Dicyclopentadiene has several advantages over traditional materials such as wood, fiberglass, thermoplastic polymers, or steel.

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Global Dicyclopentadiene (DCPD) Market is anticipated to register robust growth over the forecast period, especially in developing nations owing to favorable economic situations in these regions. Unsaturated polyester resin is used in the construction industry extensively. And this has increased the demand for Dicyclopentadiene globally as DCPD is used in the manufacturing of unsaturated polyester resins. Large-scale infrastructure development, particularly in southeast Asian countries, is positively impacting the growth of the construction industry in these regions, which in turn is augmenting the growth of our target market

Global Dicyclopentadiene Market Revenue (US$ Mn), 2019–2029 

Robust growth in the construction industry is undoubtedly driving global DPCD market. Unsaturated polyester resins are used in the construction industry extensively. And this has increased the demand for Dicyclopentadiene globally as DCPD is used in the manufacturing of unsaturated polyester resins. Large-scale infrastructure development across the globe is positively augmenting the growth of our target market. Growing preference for eco-friendly buildings and increasing investments in the residential and non-residential sectors will boost the construction activities, which is anticipated to increase the demand for DCPD hence, further driving the growth of the market.

Further, the automotive segment is estimated to experience robust growth during the forecast period, driven by the requirement of lightweight material owing to stringent government regulations. These regulations are to reduce carbon emissions and increase fuel efficiency. Automakers these days are incorporating lightweight materials that include polyester resins based parts to achieve the set targets which is augmenting the demand of DCPD hence, driving the growth of target market

However, the high cost of manufacturing and production of the dicyclopentadiene might hinder the growth of global dicyclopentadiene (DCPD) market. In addition to this, shifting trends towards the use of renewable sources is yet another factor that may obstruct the market’s performance

Global Dicyclopentadienemarket is segmented on the basis of grade, application, end use industry, and region. On the basis of grade, the market is segmented into High Purity, Polyester Grade (UPR), Hydrocarbon Resin Grade, others. On the basis of application, the market is segmented into Unsaturated Polyester Resin, Hydrocarbon Resins, Ethylene Propylene Diene Monomer (EPDM) Elastomers, Cyclic Olefin Copolymer & Cyclic Olefin Polymer, Poly-DCPD, others. Based on end use industry segment, the market is segmented into Building & Construction, Automotive, Marine, Electrical & Electronics, others.

Global Dicyclopentadiene Market Attractiveness Index by grade, 2019

On the basis of region, the market is segmented into North America, Europe, APAC, South America, and MEA. The APAC accounts for the majority share in the global Dicyclopentadienemarket, owing to growing the automobile sector in these regions

The research report on the Global Dicyclopentadiene Market includes profiles of some of major companies such as DowDuPont, Inc., Royal Dutch Shell plc, Chevron Corp. (Chevron Phillips Chemical Company Llc), JXTG Holdings, Inc. (JXTG Nippon Oil & Energy), Henan Haofei Chemical Co., Ltd., Exxon Mobil Corp., Shandong Yuhuang Chemical Co., Ltd., Tokyo Chemical Industry Co., Ltd., Merck Group Sinopec Shanghai Petrochemical Company Limited.

Key Market Segments

Type

• High Purity
• Polyester Grade (UPR)
• Hydrocarbon Resin Grade

Application

• Unsaturated Polyester Resin
• Hydrocarbon Resins
• Ethylene Propylene Diene Monomer (EPDM) Elastomers
• Cyclic Olefin Copolymer & Cyclic Olefin Polymer
• Poly-DCPD

Key Market Players included in the report:

• DowDuPont Inc.
• Royal Dutch Shell plc
• Chevron Corp. (Chevron Phillips Chemical Company Llc)
• JXTG Holdings Inc. (JXTG Nippon Oil & Energy)
• Henan Haofei Chemical Co. Ltd.
• Exxon Mobil Corp.
• Shandong Yuhuang Chemical Co. Ltd.
• Tokyo Chemical Industry Co.Ltd.
• Merck Group Sinopec Shanghai Petrochemical Company Limited

For the Dicyclopentadiene Market research study, the following years have been considered to estimate the market size: