Major aspects that fuel the market growth are discussed in this illustrative Dicyclopentadiene (DCPD) Market research such as prospective, driving, restraining factors, latest trends and key advancements. Newly entering key players into the marketplace will obtain huge assistance by referring this Dicyclopentadiene (DCPD) Market study report as it carries out detailed industry study along with depicting latest developments in the industrial sectors. Significant data provided here is of huge assistance for industry players to obtain detailed assessment of the market competition for the prediction period 2023-2028. By knowing competition for the upcoming period, key players can introduce novel products into the market and obtain huge profits in the business. It further catches data about market share, market tactics and industry volume.

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This Dicyclopentadiene (DCPD) Market research enables to target specific products into the market and enhance the revenue rate of the business. It further helps to know more about global market position in major regions of the globe such as Europe, Asia Pacific, North America, Latin America, Middle East and Africa. It further aims to provide a comprehensive presentation of the market strategies and entire market scenario. Some of the crucial factors are highlighted in this Dicyclopentadiene (DCPD) Market report include continuously evolving consumer, buyer and vendor needs, key pricing structure, customer data, their preferences and buying attitude.

Top Players of Dicyclopentadiene (DCPD) Market

The following are the key players in the Dicyclopentadiene (DCPD) Market.

Braskem SA,

Chevron Phillips Chemical Company,

Fushun Yikesi New Material Co. Ltd,

Lyondell Basell,

Maruzen Petrochemical,

Shanghai Petrochemical,

Shell Chemicals,

The Dow Chemical Company,

Zibo Luhua Hongjin New Material Co. Ltd.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Dicyclopentadiene (DCPD) Market value and growth drivers over the trend period of 2023-28. According to the report -

The global dicyclopentadiene (DCPD) is considered as a mature market and is likely to grow at >4% CAGR during the forecast period of 2020 to 2025. Growing end use industries, mainly building & construction, electrical & electronics and automotive, and as a result rising demand of unsaturated polyester resins are likely to propel the global DCPD market in the next five years.

Segment Analysis:

Based on Application Type:

Unsaturated polyester resins are expected to remain the growth engine of the global DCPD market during the forecast period. It is a material of choice in a wide array of industries, such as building & construction, automotive, marine, and electrical & electronics. It is a low cost option and excels in the price vs performance requirement of most of the composite applications. Hydrocarbon resin is likely to remain the second largest application of the global DCPD market in the next five years, driven by increasing usage in adhesives, coatings, printing inks, and rubber goods.

Based on Region:

Asia-Pacific region is expected to remain the largest DCPD market during the forecast period. The region is also likely to exhibit the fastest growth rate over the next five years, driven by increasing use of DCPD in end user industries; mainly automotive, building & construction, and electrical & electronics. Rise in demand of lightweight in the automotive industry, increase in polyester resin usage in the electrical and electronic components such as meter box and distribution box, and higher use of polyester resin in key building & construction applications such as bathtub and swimming pool are driving the Asia-Pacific region. The penetration rate of DCPD in Japan is already high due to increasing use of polyester resins in major markets whereas the penetration rate in China and India are still low and growing with a good pace. Both countries will continue to propel the demand of DCPD in coming years.

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This Dicyclopentadiene (DCPD) Market study report catches the impact of novel developments on the future market progress. There are a number of major industries already began adopting novel procedures, new headways, extensions, mergers and novel product launches to survive in the market and drive the business growth. It becomes easy for new players to rule the market and increase the product collection with this market research analysis. It focuses on major market segments. This Dicyclopentadiene (DCPD) Market analysis is an effective tool to capture the COVID-19 impact on market developments and business growth. It also enables to explore through important insights such as latest market advancements, current market scenario, novel opportunities, challenges and market drivers.

Making sound and calculated decision for the benefit of business is important and this Dicyclopentadiene (DCPD) Market report works as the best guide to help in this regard. It also enables to gauge through key competitors of the market and thorough analysis of the business scenario. Significant data gathered here is from interviews with leading business experts and primary research. Advanced data as well as statistics related to global market environment is also depicted in this market analysis.

Key features of the report -

  • Qualitative and Quantitative market research
  • Opportunity analysis
  • Market Assessment
  • Competitive Landscape
  • Industry best practices assessment
  • Product Research & Revenue Estimations
  • Market Trend Analysis

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