PUBLISHER: IMARC | PRODUCT CODE: 1467667
PUBLISHER: IMARC | PRODUCT CODE: 1467667
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.
Dicyclopentadiene is a colorless, flammable and waxy chemical compound with a camphor-like odor. It is the dimer of cyclopentadiene that is produced through the Diels-Alder Reaction. It is commonly produced in large quantities through the steam cracking of petroleum products, such as naphtha, crude oil and gas oils. Dicyclopentadiene is widely used in the production of cyclic olefin, unsaturated polyester resins (UPR), poly dicyclopentadiene (DCPC), inks, paints, hydrocarbon resins, ethylene propylene diene monomer (EPDM) elastomers and adhesives. It is also utilized in the manufacturing of pipes, industrial containers, sanitary ware, construction equipment, pesticides and flame retardants. As a result, it finds extensive application across various industries, such as automotive, marine, construction and electronics.
Significant growth in the automotive industry is one of the key factors creating a positive outlook for the market. Dicyclopentadiene is widely used to manufacture various flame-resistant automotive components, such as bumpers, spoilers, body panels and fenders. Additionally, the widespread adoption of UPRs for the manufacturing of chemical and erosion-resistant electrical components is favoring the market growth. Various product innovations, such as the development of environment-friendly bio-based EPDM, are providing a thrust to the market growth. It is manufactured using plant-based and durable materials that aid in minimizing the carbon emissions. In line with this, the increasing product demand in the construction industry is positively impacting the market growth. Dicyclopentadiene is widely used in bathroom electricals, fabrication of bathtubs and swimming pools. Other factors, including the increasing demand for plastic products across various industries, along with the widespread adoption of dicyclopentadiene as an industrial catalyst and solvent, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global dicyclopentadiene market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, application and end user.
DCPD UPR Grade
DCPD Resin Grade
DCPD High Purity
Unsaturated Polyester Resin
Hydrocarbon Resins
Ethylene Propylene Diene Monomer (EPDM) Elastomers
Cyclic Olefin Copolymer (COC) and Cyclin Olefin Polymer (COP)
Poly-DCPD
Others
Building and Construction
Automotive
Marine
Electrical and Electronic
Others
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
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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) and ZEON Corporation.