Dicyclopentadiene Market Segmentation:
Grade (High Purity, Hydrocarbon Grade, Polyester Grade)
By 2035, high purity segment is likely to dominate over 42% dicyclopentadiene market share. The growth of this segment is majorly driven by the growing demand for DCPD with 99% or higher purity level for specialized applications such as polymer production and chemical synthesis. The performance of fine chemicals including synthetic lubricants and plasticizers highly depends on the purity of this composite material. Using high purity DCPD can elevate the quality and durability of such end products, meeting strict industry standards. This creates a stable and large consumer base, inspiring companies to introduce new methods for achieving such a purity level.
Application (Hydrocarbon Resins, EPDM Elastomers, Cyclic Olefin Polymer (COP) & Copolymer (COC), Unsaturated Polyester Resin, Poly-DCPD)
Based on the application, the unsaturated polyester resin segment is estimated to generate remarkable revenue from the dicyclopentadiene market by the end of 2035. The enhanced mechanical properties of these resins also contribute to the production of fiberglass-reinforced composites for the construction and automotive sectors. In addition, unsaturated resins are employed in the marine industry due to their utilization for corrosion resistance and structural integrity. Moreover, the increased production of chemicals has inflated the demand for DCPD.
Our in-depth analysis of the market includes the following segments:
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