Global Dicyclopentadiene Market 2023-2027
Technavio has been monitoring the dicyclopentadiene market and is forecast to grow by $239.25 mn during 2022-2027, accelerating at a CAGR of 5.69% during the forecast period. Our report on the dicyclopentadiene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from Asian countries, increase in demand for hydrocarbon resins, and growth in construction and automotive industries.
Technavio's dicyclopentadiene market is segmented as below:
By Application
- UPR
- Hydrocarbon resins
- EPDM elastomers
- Poly DCPD
- Others
By End-user
- Building and construction
- Automotive
- Electrical and electronics
- Marine and others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing demand for bio-based EPDM as one of the prime reasons driving the dicyclopentadiene market growth during the next few years. Also, increasing number of strategic initiatives and rise in residential and commercial construction activities will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the dicyclopentadiene market covers the following areas:
- Dicyclopentadiene market sizing
- Dicyclopentadiene market forecast
- Dicyclopentadiene market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dicyclopentadiene market vendors that include Braskem SA, Chevron Corp., China Petrochemical Corp., Dow Inc., Exxon Mobil Corp., KH Chemicals BV, LyondellBasell Industries NV, Maruzen Petrochemical Co. Ltd., Merck and Co. Inc., NOVA Chemicals Corp., Ravago Chemicals, Shandong Yuhuang Chemical Group Co. Ltd., Shell plc, SIBUR International GmbH, Sojitz Corp., Sunny Industrial System GmbH, Texmark Chemicals Inc., Tokyo Chemical Industry Co. Ltd., Zeon Corp., and Zibo Luhua Hongjin New Material Group Co. Ltd. Also, the dicyclopentadiene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.