Dicyclopentadiene (DCPD) Market Size By Type, By End Use, By Geographic Scope And Forecast
Dicyclopentadiene (DCPD) Market Size And Forecast
Dicyclopentadiene Market was valued at USD 660.54 Million in 2020 and is projected to reach USD 953.25 Million by 2027, growing at a CAGR of 5.38 % from 2020 to 2027.
Global Dicyclopentadiene Market Outlook
Factors such as rising demand for polymers and resins, increasing demand from the fragrance & adhesives industries, a growth in the number of automotive and chemical companies are boosting the market growth. Moreover, demand from building and construction sector particularly in creation of swimming pools and bathtubs and growing usage of polyster resin in electronic components serve as new avenues for growth opportunities. However, health hazards like direct eye contact, skin rashes and vapour inhalation due to long term exposure, stringent environment regulations for chemical production by the governments of U.S and Asia Pacific region and the environment degradation due to the waste discharge is likely to hamper the growth of this market.
Global Dicyclopentadiene Market Competitive Landscape
The Global Dicyclopentadiene Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Dow Chemical Company, LyondellBasell, Braskem SA, ExxonMobil Chemical, Chevron Phillips, Cymetech Corporation, Zeon, JX Nippon Oil & Energy Corp., Fushun Yikesi New Material Co. Ltd., and Kolon.
Global Dicyclopentadiene (DCPD) Market: Segmentation Analysis
Dicyclopentadiene (DCPD) Market is segmented into Type,End Useand Geography.
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