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Dicyclopentadiene (DCPD) Market Analysis

Report ID: GMI2424
Published Date: Jul 2022
Report Format: PDF

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Dicyclopentadiene Market Analysis

Dicyclopentadiene Market, By Application

The unsaturated polyester resin segment from dicyclopentadiene market is estimated to hold a market share of over 60% in terms of value by 2030 as unsaturated polyester resin is a vital polymer to produce glass Fiber Reinforced Plastics (FRP) that is consumed mainly by marine, construction, and transportation industries.

Moreover, it is also used in the production of casting resins (nonreinforced) that are used to make solid-surface countertops, automotive repair putty & ?ller, and other items such as gel coats, etc. DCPD unsaturated polyester resins are low-cost thermosetting resins, which captured a significant market share owing to their low styrene content and low shrinkage. They also provide improved processability, enhanced thermo-oxidative resistance, and lower linear shrinkage.

Dicyclopentadiene Market, By Grade

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The high purity grade segment from dicyclopentadiene market will generate over USD 350 million by 2030. High purity grade is mostly used in the production of flavors & fragrances, ethyl norbornene, cyclic olefin co-polymers, and antioxidants. Additionally, it can also be used as a raw material in the production of resins for a wide variety of applications.

Ultra-high purity DCPD products providing above 98% purity form of dicyclopentadiene. Due to better property of high purity grade, DCPD products enhanced cost-performance and provide greater value. Ultra-high purity DCPD products have enhanced properties in applications and impart improved processing due to better reactivity, less waste in processing, production of higher quality, end products and improved physical & chemical properties of finished products.

Dicyclopentadiene Market, By Region

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Asia Pacific dicyclopentadiene market value will generate a demand of over 500 kilo tons by 2030. Japan is the largest consumer of dicyclopentadiene and other countries, including China, India, South Korea, and Indonesia, are expected to witness immense market growth due to the rising demand from the plastics industry and increasing usage of polyester resin in electrical & electronic components, building & construction applications, such as swimming pool and bathtub, along with its growing demand in the automotive & marine sector.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The dicyclopentadiene (DCPD) market size reached nearly USD 915.9 million in 2021 and is poised to depict a 5.7% CAGR between 2022-2030, given its remarkable industrial application scope due to chemical-erosion resistance.

The dicyclopentadiene (DCPD) industry from the high-purity grade segment will record a valuation of around USD 350 million by 2030, owing to its widespread usage in the production of ethyl norbornene, antioxidants, and flavors and fragrances, among other applications.

The Asia Pacific dicyclopentadiene (DCPD) industry demand will register over 500 kilo tons by 2030, which can be credited to the burgeoning product demand from plastics, automotive, marine, and other industries in the region.

Some of the key players operating in the dicyclopentadiene (DCPD) market include Braskem, Chevron Phillips Chemical Company, Maruzen Petrochemical, NOVA Chemicals, Royal Dutch Shell plc (Shell Chemicals), The Dow Chemical Company, Tokyo Chemical Industry Co., Ltd. (TCI Chemicals), and others.