Global Dicyclopentadiene (DCPD) Market to Reach $1.1 Billion by 2030
The global market for Dicyclopentadiene (DCPD) estimated at US$788.4 Million in the year 2023, is expected to reach US$1.1 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2023-2030. Unsaturated Polyester Resins (UPR) End-Use, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$700.3 Million by the end of the analysis period. Growth in the Hydrocarbon Resins End-Use segment is estimated at 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $211.1 Million, While China is Forecast to Grow at 8.4% CAGR
The Dicyclopentadiene (DCPD) market in the U.S. is estimated at US$211.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$247.5 Million by the year 2030 trailing a CAGR of 8.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$151.1 Million by the year 2030.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook