Dicyclopentadiene (DCPD) Market Analysis

Dicyclopentadiene Market Analysis

The unsaturated polyester resin segment from dicyclopentadiene market is estimated to hold a market share of over 60% in terms of value by 2030 as unsaturated polyester resin is a vital polymer to produce glass Fiber Reinforced Plastics (FRP) that is consumed mainly by marine, construction, and transportation industries.
 

Moreover, it is also used in the production of casting resins (nonreinforced) that are used to make solid-surface countertops, automotive repair putty & ?ller, and other items such as gel coats, etc. DCPD unsaturated polyester resins are low-cost thermosetting resins, which captured a significant market share owing to their low styrene content and low shrinkage. They also provide improved processability, enhanced thermo-oxidative resistance, and lower linear shrinkage.
 

The high purity grade segment from dicyclopentadiene market will generate over USD 350 million by 2030. High purity grade is mostly used in the production of flavors & fragrances, ethyl norbornene, cyclic olefin co-polymers, and antioxidants. Additionally, it can also be used as a raw material in the production of resins for a wide variety of applications.
 

Ultra-high purity DCPD products providing above 98% purity form of dicyclopentadiene. Due to better property of high purity grade, DCPD products enhanced cost-performance and provide greater value. Ultra-high purity DCPD products have enhanced properties in applications and impart improved processing due to better reactivity, less waste in processing, production of higher quality, end products and improved physical & chemical properties of finished products.
 

Asia Pacific dicyclopentadiene market value will generate a demand of over 500 kilo tons by 2030. Japan is the largest consumer of dicyclopentadiene and other countries, including China, India, South Korea, and Indonesia, are expected to witness immense market growth due to the rising demand from the plastics industry and increasing usage of polyester resin in electrical & electronic components, building & construction applications, such as swimming pool and bathtub, along with its growing demand in the automotive & marine sector.