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
- Rest of the World
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- Current market trends
- Market structure
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