Press release
Dicyclopentadiene Market To Reach $1,373.9 Million by 2030
The chemical dicyclopentadiene is light yellow in color and smells strong. The majority of the time, it is a liquid at room temperature. Two cyclopentadiene molecules undergo the Diels-Alder process to create it. It is available as endo-DPCD and Exo-DPCD, two stereoisomers.
It is used to make unsaturated polyester resins, ethylene-propylene-diene rubbers, and hydrocarbon resins. It is used to make specialty polymers and fine chemicals, such as flame retardants, agrochemicals, cyclic olefin copolymers, and others. It is also used to create chemicals that give flavors and aromas.
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Dicyclopentadiene is widely used in the pesticide and paint industries. Vanishers, elastomers, and hot melt adhesives are all made with it. It is now used to lower the content of styrene as a fundamental component in unsaturated polyester resins.
Large car body panels are made using it because of its excellent resistance and durability characteristics. Additionally, it is used to make premium rubber goods and printing ink. Chemically, DCPD is a compound with the formula C10H12. As gas oils and naphtha are steam-cracked to produce ethylene, dicyclopentadiene is produced as a byproduct.
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In 2030, it is anticipated that the dicyclopentadiene market will generate $1,373.9 million. The expanding use of dicyclopentadiene for resins, polymers, and other specialty chemicals is principally responsible for the market expansion.
According to the application, the DCPD market is anticipated to have the quickest growth-a rate of around 5.7%-in the hydrocarbon resins category. Hydrocarbon resins, also referred to as amorphous thermoplastic polymers, are made by polymerizing unsaturated hydrocarbons.
The main uses for hydrocarbon resins are in hot-melt adhesives, labels, and PSA tapes. In the production of printing inks, paints, coatings, adhesives, rubber, and other goods, such intermediates are also utilized as tackifiers.
Due to the region's expanding requirement for this chemical from the plastic and resin sector, Asia-Pacific will continue to lead the DCPD market with a value of $422.9 million in 2021.
The demand for chemicals in the Asia-Pacific region is being driven by the rise in the need for lightweight cars, the expansion of polyester resin used in electrical and electronic components like meter boxes and distribution boxes, as well as important building & construction applications like swimming pools and bathtubs.
The high degree of reactivity of dicyclopentadiene contributes to its rising demand in the plastics and resins sector. It serves as an intermediary in the production of a wide range of resins, including specialty resins, phenolic resins, aromatic hydrocarbon resins, UPRs, epoxy resins, lattices, and acrylates.
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
It is used to make unsaturated polyester resins, ethylene-propylene-diene rubbers, and hydrocarbon resins. It is used to make specialty polymers and fine chemicals, such as flame retardants, agrochemicals, cyclic olefin copolymers, and others. It is also used to create chemicals that give flavors and aromas.
To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/dicyclopentadiene-market/report-sample
Dicyclopentadiene is widely used in the pesticide and paint industries. Vanishers, elastomers, and hot melt adhesives are all made with it. It is now used to lower the content of styrene as a fundamental component in unsaturated polyester resins.
Large car body panels are made using it because of its excellent resistance and durability characteristics. Additionally, it is used to make premium rubber goods and printing ink. Chemically, DCPD is a compound with the formula C10H12. As gas oils and naphtha are steam-cracked to produce ethylene, dicyclopentadiene is produced as a byproduct.
Inquire before purchase@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=dicyclopentadiene-market
In 2030, it is anticipated that the dicyclopentadiene market will generate $1,373.9 million. The expanding use of dicyclopentadiene for resins, polymers, and other specialty chemicals is principally responsible for the market expansion.
According to the application, the DCPD market is anticipated to have the quickest growth-a rate of around 5.7%-in the hydrocarbon resins category. Hydrocarbon resins, also referred to as amorphous thermoplastic polymers, are made by polymerizing unsaturated hydrocarbons.
The main uses for hydrocarbon resins are in hot-melt adhesives, labels, and PSA tapes. In the production of printing inks, paints, coatings, adhesives, rubber, and other goods, such intermediates are also utilized as tackifiers.
Due to the region's expanding requirement for this chemical from the plastic and resin sector, Asia-Pacific will continue to lead the DCPD market with a value of $422.9 million in 2021.
The demand for chemicals in the Asia-Pacific region is being driven by the rise in the need for lightweight cars, the expansion of polyester resin used in electrical and electronic components like meter boxes and distribution boxes, as well as important building & construction applications like swimming pools and bathtubs.
The high degree of reactivity of dicyclopentadiene contributes to its rising demand in the plastics and resins sector. It serves as an intermediary in the production of a wide range of resins, including specialty resins, phenolic resins, aromatic hydrocarbon resins, UPRs, epoxy resins, lattices, and acrylates.
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
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