Turkey Dicyclopentadiene Market, by Grade, 2018-2027 (Value (USD MN))
Synopsis
The above chart is Turkey Dicyclopentadiene Market, by Grade, 2018-2027 (Value (USD MN))
Market Dynamics
turkey's dicyclopentadiene market is experiencing high demand across various grades due to its multiple industrial applications. dicyclopentadiene (dcpd) is an organic compound that is mostly used as a reactive monomer, along with other chemical compounds, to produce resins and polymers. the demand for dcpd in turkey is primarily driven by its use in the manufacturing of unsaturated polyester resins, hydrogenated dcpd (hdcpd), and other specialty resins and adhesives.
the demand for dcpd in turkey is segmented based on its grades such as polyester grade, purity grade, and special grade. each grade has its distinct properties, which makes them suitable for different applications. this has resulted in a considerable demand for dcpd from various end-use industries, including automotive, construction, and electrical.
the polyester grade is the most demanded grade of dcpd in turkey. this is due to its wide application in the production of unsaturated polyester resins (upr). uprs are used in various applications such as fiberglass reinforced plastics (frp), coatings, and adhesives. the growing usage of frp in the construction industry is driving the demand for upr, thereby increasing the demand for polyester grade dcpd.
the purity grade of dcpd is also witnessing significant demand in turkey. this grade of dcpd is highly purified, with a purity level of more than 99%. it is primarily used in the production of hdcpd, which is used in the manufacturing of specialty resins and adhesives. the demand for hdcpd is expected to increase, owing to its properties such as high thermal stability and resistance to chemical corrosion.
turkey's dicyclopentadiene market is also witnessing high demand for special grade dcpd. this grade is specially designed for applications where a higher degree of purity is required. special grade dcpd is usually used in the production of cyclooctene, which is a precursor for specialty chemicals used in the production of insecticides, pigments, and fragrances. the growing demand for these specialty chemicals in various end-use industries is expected to drive the demand for special grade dcpd.
in conclusion, the rising demand for dcpd across different grades in turkey can be attributed to its increasing applications in various industrial sectors. with the growing economy and the development of industries in the country, the demand for dcpd is expected to continue to rise, creating further opportunities for manufacturers and suppliers in the market.
