Dicyclopentadiene (DCPD) Market Overview:
Global Dicyclopentadiene (DCPD) Market size and share is currently valued at USD 849.44 Million in 2024 and is anticipated to generate an estimated revenue of USD 1,265.86 Million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034
Key Market Drivers:
- Rising Demand in Automotive Industry: Use in manufacturing lightweight and durable components.
- Growth in Marine and Construction Industries: DCPD-based composites are in demand for boats and construction materials.
- Chemical Industry Applications: Increased use in the production of adhesives, paints, and coatings.
- Global Economic Growth: Demand for high-performance resins in developing economies.
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Key Companies in Dicyclopentadiene (DCPD) Market:
- Shell Chemicals
- ExxonMobil Chemical
- Chevron Phillips Chemical Company
- LyondellBasell Industries
- Repsol
- Idemitsu Kosan Co., Ltd.
- Saudi Basic Industries Corporation (SABIC)
- INEOS
- Mitsui Chemicals, Inc.
- Tokuyama Corporation
- BASF SE
- Formosa Plastics Corporation
- Westlake Chemical
- Global Bio-Chem Technology Group
- PTT Global Chemical Public Company Limited
Dicyclopentadiene (DCPD) Market Scope
Dicyclopentadiene (DCPD) has a wide market scope, encompassing industries such as automotive, construction, and marine. Its primary use in the production of high-performance resins, adhesives, and coatings drives demand. The lightweight and durable properties of DCPD-based materials are particularly valued in automotive and marine applications. Additionally, its role in chemical intermediates and specialty polymers ensures steady demand across industrial and consumer goods sectors. The growing need for sustainable and high-strength materials further broadens its market potential.
Dicyclopentadiene (DCPD) Market Segmentation:
DCPD market segmentation includes grade, application, end-use industry, and region. By grade, it is categorized into resin grade, high-purity grade, and others. Applications include resins, adhesives, coatings, and intermediates for specialty polymers. The end-use industries comprise automotive, construction, marine, and chemical manufacturing. Geographically, the market spans North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with Asia-Pacific leading due to its expanding automotive and construction sectors.
Dicyclopentadiene (DCPD) Market, Application Outlook (Revenue – USD Million, 2020-2034)
- Unsaturated Polyester Resin
- Hydrocarbon Resins
- EPDM Elastomers
- Cyclic Olefin Polymer (COP) & Copolymer (COC)
- Poly-DCPD
Dicyclopentadiene (DCPD) Market, Grade Outlook (Revenue – USD Million, 2020-2034)
- High Purity
- Polyester Grade
- Hydrocarbon Grade
Dicyclopentadiene (DCPD) Industry Developments:
- July 2024: ExxonMobil Chemical announced a new initiative to enhance the efficiency of its DCPD production processes at its Baton Rouge, Louisiana facility. This initiative focuses on improving environmental performance while increasing DCPD availability to meet rising market demands.
- August 2023: Shell Chemicals revealed an investment to expand its DCPD production capacity at its Moerdijk, Netherlands site. The expansion aims to address the growing demand for high-purity DCPD across various industrial applications and strengthen support for its global customer base.
The DCPD market has experienced substantial growth over the past decade, driven by its increasing applications in a variety of industries, particularly in the production of advanced materials and composites. DCPD is a cyclic hydrocarbon that is produced through the thermal cracking of C5 fractions, often derived from naphtha or natural gas.