Global Dicyclopentadiene (DCPD) Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of USD xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of XX.XX% during the forecast period that is 2017-2025.

Global Dicyclopentadiene (DCPD) Market Size, Share Analysis By Region 2017

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global dicyclopentadiene market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global dicyclopentadiene market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Market Analysis

Dicyclopentadiene (DCPD) which provides a camphor like odor is a white crystalline composite which is produced from petroleum products which includes naphtha, crude oil, and gas oils by steam cracking process. Due to strict regulations towards styrene emissions from European Union, World Health Organization, and United States Environmental Protection Agency (EPA), has forced the manufacturers to minimize the emission of styrene. Thus, DCPD which is a dimer of cyclopentadiene, helps to reduce the emission of styrene by 35 to 40 percent in polyester resins, poly dicyclopentadiene, hydro-carbon resins, and others, which are used in the production of equipment for construction, pipes, automotive body parts, large containers among others. DCPD also has its major application in the production of ethylene propylene diene monomer rubber, adhesives, paints, inks, and varnishes among others. Owing to these factors the Dicyclopentadiene (DCPD) market is expected to grow during the forecast period.

DCPD Market: Development & Insights

The DCPD market is majorly driven by the increasing use of light vehicle parts in the automotive which helps is lower consumption of fuel and is cost effective. Dicyclopentadiene (DCPD) provides a flexible, strong and lightweight material, with a strength to weight ratio of 1.03 g/cc, is applicable to the vehicles body panels, fenders, bumpers, and spoilers among others which provides a better fuel efficiency than traditional materials. According to the Office of Energy Efficiency and Renewable Energy, 10% reduction in vehicle weight can result in a 6%-8% fuel economy improvement and also helps in the reduction of CO2 gas emissions towards the environment. The Office of Energy Efficiency and Renewable Energy along with DOE's National Laboratories, and EERE's Advanced Manufacturing Office has made partnerships towards lightweight materials for automotive, aerospace and other heavy vehicles which is expected to boost the Dicyclopentadiene (DCPD) market.

Regional Insights: DCPD Market

The global dicyclopentadiene market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia Pacific is expected to lead the Dicyclopentadiene (DCPD) market throughout the forecast period from 2017 to 2025 due to increase in automotive manufacturing and growing construction sector and infrastructure in the ASEAN countries. According to United Nations Conference on Trade and Development (UNCTAD), in 2016, in the six main ASEAN countries (Malaysia, Singapore, Philippines, Indonesia, Vietnam, and Thailand) the total spending on construction is approximately US$ 32billion, which is expected to fuel the global Dicyclopentadiene (DCPD) market during the forecast period.

Global Dicyclopentadiene (DCPD) Market Study Objective

1. To forecast the market size of dicyclopentadiene market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of dicyclopentadiene market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of dicyclopentadiene market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of dicyclopentadiene market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the dicyclopentadiene market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Major players operating in the field of Dicyclopentadiene (DCPD) include, ExxonMobil Chemical, Braskem SA, The Dow Chemical Company, Chevron Phillips, Shell Chemicals, ZEON, JX Nippon Oil & Energy Corp., Shandong Yuhuang, and among others.

Global Dicyclopentadiene (DCPD) Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.