Global Dicyclopentadiene (DCPD) Market By Grade (High Purity, Polyester Grade (UPR) and Other), By End-Use Industry (Automotive and Others), By Application (Unsaturated Polyester Resin, Hydrocarbon Resins and Others) and By Region - Global Forecast 2030

“Global Dicyclopentadiene Market” is the title of a recently published market report compiled by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global dicyclopentadiene market has been segmented on the basis of grade, end-use industry, application, as well as regions and countries.

The Global Dicyclopentadiene Market was valued at UЅD $679.3 Мn in 2020, and is projected to achieve a valuation of UЅD $1,065.1 Мn by 2030, at a САGR of 5.4%.

Overview:

Dicyclopentadiene (DCPD), is a chemical compound with the formula C₁₀H₁₂. At room temperature, it is a clear light yellow color liquid with an acrid odor. Dicyclopentadiene is coproduced in large quantities in the steam cracking of naphtha and gal oils to ethylene.

Dynamics:

As unsaturated polyester resins are extensively used in the construction industry, the robust expansion being experienced by this industry given the vast number of large-scale development projects being undertaken across the world, is expected to significantly spike the demand for dicyclopentadiene. This is a factor that is expected to have a profound influence on the revenue growth of the global dicyclopentadiene market over the next 10 years.

Moreover, the increasing preference among individuals, especially in recent years, towards the development of eco-friendly infrastructures across the world is also a factor that is expected to foster new opportunities for improved market growth for this global industry.

Furthermore, the surging levels of growth being indexed by the automotive industry, as a result of booming population figures, as well as increased urbanization and industrialization rates is also a major element that is expected to have a significant impact on the revenue growth of the global dicyclopentadiene market over the forecast period. The automotive industry is a major end-user industry of dicyclopentadiene.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global dicyclopentadiene market is no different, and this factor is anticipated to have a negative impact on the revenue growth of this industry. Additionally, the high costs associated with the manufacture and production of dicyclopentadiene is another factor that may impede on potential opportunities for future market growth.

Nonetheless, the increasing expansion of the marine and adhesive industries, particularly in the region of North America, is a factor that is expected to open-up additional opportunities for further revenue growth to existing industry players of the global dicyclopentadiene market.

Segmentation of the global dicyclopentadiene market is as follows:

In terms of grade, the polyester grade (UPR) segment accounted for the maximum number of revenue shares of the global dicyclopentadiene market in 2020, and is expected to continue doing so over the forecast period. The highest purity segment is anticipated to index the highest CAGR over the next 10 years.

With regards to application, the unsaturated polyester resin segment accounted for the highest number of revenue shares of the global dicyclopentadiene market in 2020, and is anticipated to continue doing so over the next decade. However, the hydrocarbon resins segment is also indicative of registering the highest CAGR over the forecast period.

On the basis of end-use industry, the building & construction industry segment accounted for the majority number of revenue shares of the global dicyclopentadiene market in 2020, and is indicative of remaining this industry’s front-runner over the forecast period. However, the automotive industry segment is slated to register the highest CAGR over the next 10 years.

Regional Segmentation and Analysis:

The markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global dicyclopentadiene market in 2020, and is indicative of remaining this industry’s front-runner over the next decade. The markets in North America and Europe accounted for the second-, and third-most number of revenue shares in 2020, and are projected to retain their respective market positions over the course of the forecast period.

Segmentation of the Global Dicyclopentadiene Market:

Segmentation by Grade:

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

Segmentation by End-Use Industry:

• Building & Construction
• Automotive
• Marine
• Electrical & Electronics
• Others

Segmentation by Application:

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

Segmentation by Regions:

• North America
• Europe
• APAC
• Latin America
• MEA