Dicyclopentadiene (DCPD) is the dimer of
cyclopentadiene (CPD) produced by a Dies-Alder reaction. DCPD is a waxy,
colorless, flammable liquid or solid, with an odor similar to camphor. DCPD
products are originated from high temperature cracking of petroleum fractions
and are best characterized as highly reactive intermediates used for a wide
variety of resins such as unsaturated polyesters, epoxies, aromatic
hydrocarbons and phenolics. Due to the high reactivity of dicyclopentadiene
molecule with several other monomers, DCPD is used as a raw material for the
manufacturing of various resins including phenolics resins, aromatic
hydrocarbon resins, alkyds, epoxy resins, acrylates, unsaturated polyester
resins, specialty resins, lattices and other specialty intermediates. Apart
from resins, DCPD is used in the production of paints, varnishes, insecticides,
metallocenes, elastomers, flame retardants for plastics and hot melt adhesives.
Unsaturated polyester resins (UPR) are the largest application group of DCPD
which accounts for almost half of the total demand for DCPD all over the globe.
Unsaturated polyester resins (UPR) are mainly utilized in the production of
electrical applications, marine components and bathroom components. Hydrocarbon
resin is the second-largest application group of DCPD and is used for
performance enhancement in adhesives, coatings, printing inks, caulking
compounds and rubber goods. The growing demand for DCPD from the producers of
resins and plastics across the globe is expected to drive the global DCPD
market in the future.
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DCPD is usually available in three grades, resin grade,
UPR grade and high purity. DCDP resin grade is mainly used in the production of
cyclo-aliphatic and C5/C9; however, it can also be used in the production of
unsaturated polyester resins. DCDP UPR grade is specially designed and
developed for use in the manufacturing of unsaturated polyester resins. DCDP
UPR grade has less co-dimers and trimers and has better color properties as
compared to DCPD resin grade. DCPD high purity grade is prominently used in the
production of antioxidants, flavors and fragrances and cyclic olefin
co-polymers. Moreover, DCPD high purity grade can also be used in the
production of unsaturated polyester resins. DCPD is highly reactive in nature
and hence it is used as an intermediate in the manufacturing of several
performance chemicals. DCPD is used in a variety of application products such
as flame retardants, elastomers, pesticides and resins for adhesives, rubber
tackifiers and coatings. Though DCPD is considered as a fairly matured product,
it is anticipated to record a decent growth in the future. The increasing
demand from construction and marine industries is expected to drive the DCPD
market in the UPR segment. Moreover, the rising demand from the plastics
industry in the Asia Pacific, especially India, China and South East Asian
countries is expected to drive the global DCPD market in the next few years.
Furthermore, the steadily recovering U.S. and European economies are predicted
to generate a significant demand for DCPD in the coming years. In addition, the
growing demand from Latin American and African countries is anticipated to
drive the global DCPD market in the years to come.
Some of the major companies operating in the global
dicyclopentadiene (DCPD) market are Braskem SA, The Dow Chemical Company,
Chevron Phillips, ExxonMobil Chemical, Cymetech, JSR, JX Nippon Oil &
Energy Corporation, Fushun Yikesi, JX Nippon Chemical Texas Inc., Jinhai Deqi,
LyondellBasell, ZEON, KOLON, Maruzen Petrochemical, LUHUA, Shandong Qilong,
NOVA Chemicals, Shell Chemicals, Sinopec Shanghai Petrochemical Company Limited
(SPC), Shandong Yuhuang and Texmark.
This research report analyzes this market depending on
its market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis
of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in
the market, industry growth drivers, and restraints. It provides market projections
for the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed
value chain analysis.
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