Global Dicyclopentadiene Market will be worth of US$838 mn in 2023, expanding at a CAGR of 4.9% from 2015-2023

Transparency Market
Research
Dicyclopentadiene (DCPD) Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
Published Date
09-Sept-2015
127 Page Report
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Press Release
Development of Advanced Materials for End-Use Industries
to Positively Impact Uptake of DCPD, Says TMR
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Dicyclopentadiene (DCPD) Market
REPORT DESCRIPTION
Dicyclopentadiene (DCPD) Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023
The top four players in the global dicyclopentadiene (DCPD) market were Braskem SA, Kolon Industries, Inc.,
Zibo Luhua Hongjin New Material Co., Ltd, and Exxon Mobil Corporation. The cumulative share of these
companies accounted for 23.1% in the global market in 2014. These players are anticipated to prioritize
investing in the development of advanced materials for industries such as fashion, automotive, plastic,
construction, and chemicals amongst others, a trend that will augment the uptake of DCPD. Currently, the
market scenario looks tough for new entrants as these leading players have a strong foothold.The report states
that the global DCPD market will be worth US$.0838 mn by 2023 rising from US$578 mn in 2014. Between
2015 and 2023, the global DCPD is expected to rise at a CAGR of 4.9%.
“Regional players will reap benefits by teaming up with leading players as they focus on expanding their
production capacities in the regional market. This will ease the task of finding markets for new entrants as
well,” observes the lead author of this research report. Overcoming the hurdle of capital intensive industry and
facing the intense competition head-on will pave the way for new players in the near future.
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Peculiar Properties of DCPD Makes it Preferred Material in Various Industries
DCPD is extensively used in manufacturing various types of resins such as phenolic resins, aromatic resins,
and hydrocarbon resins, which are used for making a variety of products. These resins are extensively used in
industries such as automotive and its aftermarket that includes a range of related accessories. It also used for
making various sports and gardening equipment along with other consumer goods. The characteristics of
DCPD such as high resistance towards heat and corrosion, high stability, and toughness have made it a
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preferred ingredient in several manufacturing activities. Furthermore, to make lightweight goods by using
DCPD without compromising on its mechanical strength is anticipated to boost this market in the near future.
Increasing demand for polyester concrete due to the burgeoning construction industry has also raised an
unprecedented demand for DCPD in the recent times. Its unique characteristics such as excellent adhesion,
quick setting, and high strength have allowed made it a popular material in the overall construction industry.
Health Hazards of DCPD Cast a Shadow on Market Trajectory
The ongoing demand for DCPD is being hampered by growing awareness about health hazards it can cause
due to inhalation. An unaccounted amount of DCPD is lost in the environment during transportation,
production, disposal, and usage. Breathing the same air can lead to respiratory issues and cause irritation to
eyes and skin. For the older generation, this can lead to dizziness, vomiting, nausea, and headaches. Owing to
these reasons, National Fire Protection Association (NFPA), The American Conference of Governmental
Industrial Hygienists (ACGIH), and The National Institute for Occupational Safety and Health (NIOSH) have
deemed DCPD as a hazardous substance. The cumulative effect of these factors is likely to restrain the overall
market in the forthcoming years.
Unsaturated Polyester Resins to Show Remarkable Progress in Forecast Period
DCPD is extensively applied for unsaturated polyester resins and thus remains the prime application segment
of the overall market. By the end of 2023, the unsaturated polyester resins segment will hold a share of 44.0%
in the overall market in terms of volume. The growing usage of unsaturated polyester resins in making pipes,
sanitary ware, and tanks along with its increasing application in marine and automotive industries is anticipated
to work in favor of the market. In terms of revenue, the unsaturated polyester resins segment is expected to
expand at a CAGR of 5.1% to be worth US$371.2 mn by 2023.
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Dicyclopentadiene (DCPD) Market
The research indicated that Asia Pacific has been the largest consumer of DCPD due to the spike in the
construction activities. The booming automotive manufacturing units across developing countries of Asia
Pacific are also expected utilize DCPD in the near future. Owing to these reasons, by the end of 2023, the Asia
Pacific DCPD market is expected to represent a 46.5% share in the global DCPD market.
This review is based on Transparency Market Research’s report, titled “Dicyclopentadiene (DCPD) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”
Key Takeaways:
•
Demand for DCPD in construction industry to raise market value to US$838 mn by 2023
•
Asia Pacific leads global market as manufacturing industries demand high amounts of DCPD
•
Unsaturated polyester resins show remarkable progress of 5.1% CAGR between 2015 and 2023
The report segments the global dicyclopentadiene (DCPD) market into:
Dicyclopentadiene (DCPD) Market – Application Analysis
•
Unsaturated Polyester Resins
•
Hydrocarbon Resins
•
EPDM Elastomers
•
COC & COP
•
Poly-DCPD
•
Others (Including Pesticides, Flavor & Fragrance Intermediates, etc.)
Dicyclopentadiene (DCPD) Market – Regional Analysis
North America
•
U.S.
•
Rest of North America
Europe
•
Germany
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Dicyclopentadiene (DCPD) Market
•
U.K.
•
France
•
Spain
•
Italy
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
ASEAN
•
Rest of Asia Pacific
Latin America
•
Brazil
•
Rest of Latin America
Middle East & Africa
•
GCC
•
South Africa
•
Rest of Middle East & Africa
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TABLE OF CONTENT
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.3.1 Assumptions
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1.4 Research Methodology
2.1 Global Dicyclopentadiene (DCPD) Market, 2014–2023 (Kilo Tons) (US$ Mn)
2.2 Global Dicyclopentadiene (DCPD) Market Snapshot, 2014–2023
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Growing Demand for Plastic Products to Augment Market Growth of Dicyclopentadiene
3.3.2 Growing demand for polyester concrete in construction industry to boost demand for DCPD
3.4 Restraints
3.4.1 Fatal Side Effects of Dicyclopentadiene May Hamper Market Growth
3.5 Opportunities
3.5.1 Potential Applications in Aerospace Industry
3.5.2 Growing Demand for DCPD from the Developing Region, Especially Asia Pacific
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat From Substitutes
3.6.4 Threat of New Entrants
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3.6.5 Degree of Competition
3.7 Global Dicyclopentadiene Market: Company Market Share Analysis (2014)
3.8 Global Dicyclopentadiene Market: Market Attractiveness Analysis
4.1 Global Dicyclopentadiene Market: Raw Material Analysis
4.1.1 Dicyclopentadiene – Manufacturing Process
4.2 Global Average Crude oil Price Trend, 2013 – 2023
4.3 Global Average Dicyclopentadiene Price Trends, 2013 – 2023
5.1 Global Dicyclopentadiene (DCPD) Market: Application Analysis
5.1.1 Global Dicyclopentadiene (DCPD) Market Volume Share, by Application, 2014 and 2023
5.2 Unsaturated Polyester Resin (UPR)
5.2.1 Global Dicyclopentadiene (DCPD) Market for Unsaturated Polyester Resin (UPR), 2014–2023 (Kilo
Tons) (US$ Mn)
5.3 Hydrocarbon Resins
5.3.1 Global Dicyclopentadiene (DCPD) Market for Hydrocarbon Resins, 2014–2023 (Kilo Tons) (US$ Mn)
5.4 EPDM Elastomers
5.4.1 Global Dicyclopentadiene (DCPD) Market for EPDM Elastomers, 2014–2023 (Kilo Tons) (US$ Mn)
5.5 COC & COP
5.5.1 Global Dicyclopentadiene (DCPD) Market for COC & COP, 2014–2023 (Kilo Tons) (US$ Mn)
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5.6 Poly-DCPD
5.6.1 Global Dicyclopentadiene (DCPD) Market for Poly-DCPD, 2014–2023 (Kilo Tons) (US$ Mn)
5.7 Others
5.7.1 Global Dicyclopentadiene (DCPD) Market for Other Application, 2014–2023 (Kilo Tons) (US$ Mn)
6.1 Global Dicyclopentadiene (DCPD) Market: Regional Overview
6.1.1 Global Dicyclopentadiene (DCPD) Market Volume Share, by Region, 2014 & 2023
6.2 North America
6.2.1 North America Dicyclopentadiene (DCPD) Market Volume, by Application Segment, 2014–2023 (Kilo
Tons)
6.2.2 North America Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.2.3 U.S.
6.2.3.1 U.S. Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.2.3.2 U.S. Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.2.4 Rest of North America (RoNA)
6.2.4.1 RoNA Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.2.4.2 RoNA Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.3 Europe
6.3.1 Europe Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.2 Europe Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
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6.3.3 Germany
6.3.3.1 Germany Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.3.2 Germany Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.3.4 U.K.
6.3.4.1 U.K. Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.4.2 U.K. Dicyclopentadiene (DCPD) Market Revenue, by Applications, 2014–2023 (US$ Mn)
6.3.5 France
6.3.5.1 France Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.5.2 France Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.3.6 Spain
6.3.6.1 Spain Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.6.2 Spain Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.3.7 Italy
6.3.7.1 Italy Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.7.2 Italy Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.3.8 Rest of Europe (RoE)
6.3.8.1 RoE Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.3.8.2 RoE Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
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6.4.2 Asia Pacific Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.4.3 China
6.4.3.1 China Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.4.3.2 China Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.4.4 Japan
6.4.4.1 Japan Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.4.4.2 Japan Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.4.5 ASEAN
6.4.5.1 ASEAN Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.4.5.2 ASEAN Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023
(Kilo Tons)
6.4.6.2 Rest of Asia Pacific Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023
(US$ Mn)
6.5 Latin America
6.5.1 Latin America Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.5.2 Latin America Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.5.3 Brazil
6.5.3.1 Brazil Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.5.3.2 Brazil Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
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6.5.4 Rest of Latin America
6.5.4.1 Rest of Latin America Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023
(Kilo Tons)
6.5.4.2 Rest of Latin America Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023
(US$ Mn)
6.6 Middle East & Africa (MEA)
6.6.1 MEA Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.6.2 MEA Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.6.3 GCC
6.6.3.1 GCC Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.6.3.2 GCC Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$ Mn)
6.6.4 South Africa
6.6.4.1 South Africa Dicyclopentadine (DCPD) Market Volume, by Application, 2014–2023 (Kilo Tons)
6.6.4.2 South Africa Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$
Mn)
6.6.5 Rest of MEA
6.6.5.1 Rest of MEA Dicyclopentadiene (DCPD) Market Volume, by Application, 2014–2023 (Kilo
Tons)
6.6.5.2 Rest of MEA Dicyclopentadiene (DCPD) Market Revenue, by Application, 2014–2023 (US$
Mn)
7.1 Braskem
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7.2 Chevron Phillips Chemical Company
7.3 Cymetech Corporation
7.4 Exxon Mobil Corporation (ExxonMobil)
7.5 Fushun Yikesi New Material Co., Ltd.
7.6 Kolon Industries, Inc.
7.7 LyondellBasell
7.8 Maruzen Petrochemical
7.9 Shell Chemicals
7.10 Texmark
7.11 Zibo Luhua Hongjin New Material Co., Ltd.
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This review is based on Transparency Market Research’s report, titled “Dicyclopentadiene (DCPD) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” DCPD is extensively applied for unsaturated polyester resins and thus remains the prime application segment of the overall market. By the end of 2023, the unsaturated polyester resins segment will hold a share of 44.0% in the overall market in terms of volume. The growing usage of unsaturated polyester resins in making pipes, sanitary ware, and tanks along with its increasing application in marine and automotive industries is anticipated to work in favor of the market. In terms of revenue, the unsaturated polyester resins segment is expected to expand at a CAGR of 5.1% to be worth US$371.2 mn by 2023.