Introduction to the Polydicyclopentadiene Market
PDCPD (polydicyclopentadiene) is a thermoset polymer with chemical and corrosion resistance, impact strength, electric non-conductivity, stiffness, and heat resistance.
Polymerization of low-viscosity DCPD monomer in low-pressure processes produces polydicyclopentadiene, which allows for quick cycle times and low-cost molds. Furthermore, PDCPD provides excellent surface feature replication for aesthetic applications. Because of its high strength and rigidity, polydicyclopentadiene is used in the automotive, pipeline, and construction industries. Polydicyclopentadiene has a wide temperature range of thermal and chemical stability, as well as UV resistance and high resistance.
Market Dynamics for Polydicyclopentadiene
The increasing use of polydicyclopentadiene in a variety of end-use industries, such as automotive, chemical, construction, and agriculture, is expected to propel the PDCPD market forward. Companies that make body panels for tractors, trucks, and buses, as well as construction equipment manufacturers, are driving up demand for polydicyclopentadiene.
It’s also used in industrial applications, such as the production of Chlor-alkali (e.g. cell covers for electrolyzers). High impact resistance, chemical corrosion resistance, and heat deflection temperature increase the polymer’s functionality in a variety of applications. Polydicyclopentadiene has become more widely used in recent years to mold large and small parts such as bus and tractor body panels, wastewater system valves, and bathroom sinks.
The market for Polydicyclopentadiene: Regional Prospects
Because polydicyclopentadiene adoption is increasing in the United States, North America is expected to hold a significant share of the market. Various end-use industries in the Asia Pacific, such as construction, transportation, medical, agriculture, and chemical, are increasing their demand for polydicyclopentadiene.
Growing industrialization and urbanization in developing countries such as India, China, Taiwan, Indonesia, and others is expected to boost polydicyclopentadiene demand in the region. Polydicyclopentadiene is widely used in industrial economies such as India, China, Japan, and South Korea.
The increasing use of polydicyclopentadiene in agriculture is expected to propel the market in the Asia Pacific forward. Significant demand from the agriculture equipment manufacturing industry is expected to help the market growth in Europe. The global polydicyclopentadiene market is expected to grow moderately in Japan. During the forecast period, the global polydicyclopentadiene market is expected to grow slowly in Latin America and the Middle East, and Africa.
For List of Key Players and Full Segmentation, Ask for a Sample Report
