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Dicyclopentadiene (DCPD) Market Research Report Information By Type (Resin Grade, UPR grade), By End Use (Aromatic Industries, Automotive), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) ‚Äď Market Forecast Till 2030.


ID: MRFR/CnM/8386-CR | 136 Pages | Author: Priya Nagrale| June 2021

Global Dicyclopentadiene Market Overview


The  Dicyclopentadiene (DCPD) Market Size was valued at USD 0.012 Billion in 2022 and is projected to grow from USD 0.035 Billion in 2023 to USD 1.5 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.7% during the forecast period (2023 - 2030). Increasing demand for dicyclopentadiene in manufacturing resins like polyester, epoxy, phenolic specialty, hydrocarbon, and unsaturated polyester resin shall drive the market. Additionally, the increasing scope of application of dicyclopentadienes such as varnishes, paints, elastomers, flame retardants, metallocenes, pesticides, and others shall positively impact market growth.


Dicyclopentadiene Market Overview         


 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Dicyclopentadiene (DCPD) Market Trends




  • Growing demand for dicyclopentadiene in manufacturing resins like polyester, epoxy, phenolic specialty, hydrocarbon, and unsaturated polyester resin shall drive the market.




The dicyclopentadiene market is expected to register healthy growth during the review period. The global dicyclopentadiene market is primarily driven by its extensive use in manufacturing fiber-reinforced plastics (FRP). FRP has replaced conventional structural materials, such as wood and metals, owing to their high strength-to-weight ratio, chemical resistance, weather ability, easy fabrication, and versatility of product design. The ongoing trend of high-strength and lightweight structural materials has resulted in high demand for dicyclopentadiene. Another key driver of the global market is its use in the production of ethylene propylene diene monomer (EPDM) rubber, further used in seals, gaskets, and O-rings across various end-use industries. 


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Additionally, The growing construction industry in developing regions, with rising residential and commercial construction, especially in India and China, coupled with improving standards of living and rising disposable incomes, is driving the growth of the dicyclopentadiene market. Increasing spending by the Indian government on infrastructure development, such as the Smart Cities Mission, Green Corridor, and the building of ports, is propelling market growth. Additionally, in late 2013, the Chinese government started the One Belt One Road project for transportation infrastructure development, which is likely to propel the growth of the construction industry, thereby driving the global market.


Dicyclopentadiene (DCPD) Market Segment Insights


Dicyclopentadiene (DCPD) Type Insights


The  Dicyclopentadiene (DCPD) Market segmentation, based on Type, includes Resin Grade, UPR Grade, and Purity. Due to its application in the production of UPR, unsaturated polyester resin (UPR) grade is the largest DCPD product grade category, and this trend is projected to continue in the coming years. Superior color characteristics and fewer trimmers and co-dimers associated with UPR grade offer it an advantage over resin grade. Because of increased industry applications, the high-purity resin product grade is predicted to grow at a faster rate than the industry average over the projection period.


Dicyclopentadiene (DCPD) End-use Insights


Based on end-use, the  Dicyclopentadiene (DCPD) Market segmentation includes Aromatic Industries, Automotive, Building & Construction, Paints, Agrochemicals, and others. It is a low-cost solution that outperforms most composite applications in terms of price vs. performance. In the next five years, hydrocarbon resin is expected to remain the second-largest application in the worldwide Dicyclopentadiene (DCPD) Market, owing to increased usage in adhesives, coatings, printing inks, and rubber goods. Also growing construction activities will help this market is growing. 


Figure 2:  Dicyclopentadiene (DCPD) Market, by End-use, 2023 & 2030 (USD Billion)


Dicyclopentadiene (DCPD) Market, by End-use           


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review 


Dicyclopentadiene (DCPD) Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific is expected to hold the prime share of the market. Increasing government initiatives for the construction sector in emerging economies like India and China shall support market growth. North America is expected to hold a significant share due to the large manufacturing base for paints & varnishes.


Figure 3:  DICYCLOPENTADIENE (DCPD) MARKET SHARE BY REGION 2023 (%)


DICYCLOPENTADIENE (DCPD) MARKET SHARE BY REGION      


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe is expected to show significant growth due to the increasing demand from the industrial sector. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of the forecast period.


Dicyclopentadiene (DCPD) Key Market Players & Competitive Insights


Major market players are spending a lot of money on R&D to increase their product lines, which will help the Dicyclopentadiene (DCPD) market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Dicyclopentadiene (DCPD) industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.


The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Dicyclopentadiene (DCPD). With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Dicyclopentadiene (DCPD) industry must offer affordable products.


Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Dicyclopentadiene (DCPD) industry to benefit customers and expand the market sector. The Dicyclopentadiene (DCPD) market has recently given medicine some of the most important advantages. Major Dicyclopentadiene (DCPD) market players, including Exxon Mobil Corporation, Chevron Phillips Chemical Company, Cymetech Corporation, Nova Chemicals Corporation, and others, are attempting to increase market demand by funding R&D initiatives.


ExxonMobil is a global oil and gas company and energy provider. It operates through three business divisions: Upstream, Downstream, and Chemical. The company engages in the exploration, production, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, etc. ExxonMobil markets fuels, lubricants, and chemicals under four brands: Esso, Exxon, Mobil, and ExxonMobil Chemical.


Also, Nova Pangaea Technologies (NPT) is a company that produces fuel and chemicals from biomass waste. It developed a technology called Refnova which enables a fractionation of lignocellulosic materials into their constituent parts to produce C5 and C6 sugars. The company aims to cut carbon emissions and reduce reliance on oil without using land or crops.


Key Companies in the Dicyclopentadiene (DCPD) market include



Dicyclopentadiene (DCPD) Industry Developments


January 31, 2023- Exxon Mobil Corporation today announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in full-year earnings of $55.7 billion, or $13.26 per share assuming dilution. Fourth-quarter results included unfavorable identified items of $1.3 billion associated with additional European taxes on the energy sector and asset impairments, partly offset by one-time adjustments related to the Sakhalin-1 expropriation. Capital and exploration expenditures were $7.5 billion in the fourth quarter, bringing full-year 2022 investments to $22.7 billion, consistent with our guidance. 


Dicyclopentadiene (DCPD) Market Segmentation


Dicyclopentadiene (DCPD) Type Outlook



  • Resin Grade

  • UPR grade

  • Purity


Dicyclopentadiene (DCPD) End-use Outlook



  • Aromatic Industries

  • Automotive

  • Building & Construction

  • Paints

  • Agrochemicals

  • Others


Dicyclopentadiene (DCPD) Regional Outlook




  • North America

    • US

    • Canada




  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe




  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific




  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Attribute/Metric Details
Market Size 2022 USD  0.012 Billion
Market Size 2023 USD 0.035 Billion
Market Size 2030 USD 1.5 Billion
Compound Annual Growth Rate (CAGR) 5.7% (2023-2030)
Base Year 2023
Market Forecast Period 2023-2030
Historical Data 2018 & 2020
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, End-use, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Exxon Mobil Corporation, Chevron Phillips Chemical Company, Cymetech Corporation, Nova Chemicals Corporation, Tokyo Chemical Industry CO., LTD (TCI), Royal Dutch Shell, The Dow Chemical Company, Braskem, Lyondellbasell Industries Holdings B.V, Sinopec
Key Market Opportunities ·         The growing construction industry in developing regions, with rising residential and commercial construction.
Key Market Dynamics ·         The growing demand for lightweight and fuel-efficient military aircraft for homeland security and counterterrorism.


Frequently Asked Questions (FAQ) :

The  Dicyclopentadiene (DCPD) Market size was valued at USD  0.012 Billion in 2022.

The dicyclopentadiene market is registering a CAGR of 5.7% during the forecast period

Asia Pacific had the largest share of the Dicyclopentadiene (DCPD) Market.

Exxon Mobil Corporation, Chevron Phillips Chemical Company, Cymetech Corporation, Nova Chemicals Corporation, Tokyo Chemical Industry CO., LTD (TCI), Royal Dutch Shell, The Dow Chemical Company, Braskem, Lyondellbasell Industries Holdings B.V, Sinopec

The UPR categories dominated the market in 2023.

The Automotive had the largest share in the global market for Dicyclopentadiene (DCPD).

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