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Dicyclopentadiene (DCPD) Market

10-13-2017 10:23 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Scalar Market Research

Dicyclopentadiene (DCPD) is a white crystalline substance which has a camphor-like odor. It is produced in bulk quantities from raw materials like crude oil, naphtha, and gas oils. Manufacturers are developing technologies and focusing on producing environmentally safe DCPD, which can comply to the stringent government policies related to environmental conservation. DCPD are used in manufacturing of lightweight vehicles because DCPD has unique properties such as low weight, corrosion resistant and heat resistant. Due to these features, there is rise in demand for DCPD around the world. This report studies the current and future aspects of the DCPD market.

The report on the global Dicyclopentadiene (DCPD) market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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The global DCPD market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of DCPD market. The region continues to dominate the global market during the forecasted period because of rise in sales of lightweight vehicles in countries like China and India. Next in line is the North America region which is witnessing a fast-paced growth of the DCPD market due to rise in demand for polyester and hydrocarbon resin in the automotive and construction market. This is creating newer growth opportunities for the DCPD market in this region. However, a stringent regulation related to healthcare is causing a challenge for the DCPD market to grow. Overall, the global DCPD market is growing at a moderate pace during the forecasted period.

MARKET SEGMENTATION

This report analyzes the dicyclopentadiene (DCPD) market by the following segments:

Dicyclopentadiene Market, by Application

1. Unsaturated Polyester Resin
2. Hydrocarbon Resins
3. EPDM Elastomers
4. COC & COP
5. Poly-DCPD
6. Others

KEY MARKET PLAYERS

Key players in the dicyclopentadiene (DCPD) market include:

1. Braskem
2. Chevron Phillips Chemical Company
3. Cymetech Corporation
4. ExxonMobil Corporation
5. Fushun Yikesi New Material Co., Ltd.
6. Kolon Industries, Inc.
7. LyondellBasell, Maruzen Petrochemical
8. Shell Chemicals
9. Texmark Chemicals, Inc.
10. Zibo Luhua Hongjin New Material Co., Ltd.

Browse Report: https://www.scalarmarketresearch.com/market-reports/dicyclopentadiene-dcpd-market

About Scalar Market Research

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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