Stratview Research announces the addition of a new market research report on Global Dicyclopentadiene (DCPD) Market by Application Type (Unsaturated Polyester Resin, Hydrocarbon Resin, EPDM Elastomers, Cyclic Olefin Copolymer & Cyclic Olefin Polymer, Poly-DCPD, and Others), by End Use Industry (Building & Construction, Automotive, Marine, Electrical & Electronics, and Others), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
This market report from Stratview Research studies the global DCPD market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global DCPD Market: Highlights
Stratview Research foresees a moderate growth opportunity of 4.0% CAGR in the global DCPD market over the next five years (2016 – 2021), which offers an opportunity to the chemicals industry players to align themselves with the market growth.
The author of the report cited that growing end user industries, mainly building & construction, electrical & electronics and automotive, and as a result rising demand of unsaturated polyester resins are likely to propel the global DCPD market in the next five years.
Unsaturated polyester resins are expected to remain the growth engine of the global DCPD market during the forecast period. It is a material of choice in a wide array of industries, such as building & construction, automotive, marine, and electrical & electronics.
Building & Construction segment is expected to remain the largest end user of DCPD during the forecast period. Increasing residential activities in the Asia-pacific and the middle east regions and rebounding housing starts in the USA are some of the major drivers of the market.
Automotive segment is expected to experience the fastest growth during the same period, driven by the lightweight requirement caused by stringent government regulations to increase fuel efficiency and reduce the carbon emissions.
Asia-Pacific region is expected to remain the largest DCPD market during the forecast period. The region is also likely to exhibit the fastest growth rate in the next five years, driven by increasing use of DCPD in end use industries; mainly automotive, building & construction, and electrical & electronics.
The key DCPD manufacturers are Braskem SA, Chevron Phillips Chemical Company, Fushun Yikesi New Material Co. Ltd, Lyondell Basell, Maruzen Petrochemical, Shanghai Petrochemical, Shell Chemicals, The Dow Chemical Company, and Zibo Luhua Hongjin New Material Co. Ltd.
New production development, application development, regional expansion, and strategic alliances are the key strategies adopted by the key players to gain competitive edge in the market.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on global DCPD market.
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