Global Dicyclopentadiene Market Will Be Worth of Us$838 Mn in 2023, Expanding at a Cagr of 4.9% from 2015-2023

Transparency Market

Research

Dicyclopentadiene (DCPD) Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023

Published Date

09-Sept-2015

127 Page Report

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Press Release

Development of Advanced Materials for End-Use Industries

to Positively Impact Uptake of DCPD, Says TMR

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Dicyclopentadiene (DCPD) Market

REPORT DESCRIPTION

Dicyclopentadiene (DCPD) Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 - 2023

The top four players in the global dicyclopentadiene (DCPD) market were Braskem SA, Kolon Industries, Inc.,

Zibo Luhua Hongjin New Material Co., Ltd, and Exxon Mobil Corporation. The cumulative share of these

companies accounted for 23.1% in the global market in 2014. These players are anticipated to prioritize

investing in the development of advanced materials for industries such as fashion, automotive, plastic,

construction, and chemicals amongst others, a trend that will augment the uptake of DCPD. Currently, the

market scenario looks tough for new entrants as these leading players have a strong foothold.The report states

that the global DCPD market will be worth US$.0838 mn by 2023 rising from US$578 mn in 2014. Between

2015 and 2023, the global DCPD is expected to rise at a CAGR of 4.9%.

“Regional players will reap benefits by teaming up with leading players as they focus on expanding their

production capacities in the regional market. This will ease the task of finding markets for new entrants as

well,” observes the lead author of this research report. Overcoming the hurdle of capital intensive industry and

facing the intense competition head-on will pave the way for new players in the near future.

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