US Dicyclopentadiene Market, by Grade,

Synopsis
The above chart is US Dicyclopentadiene Market, by Grade, 2018-2027 (Value (USD MN))

Market Dynamics

the demand for dicyclopentadiene (dcpd) in the united states has been steadily increasing in recent years, driven by various factors such as the automotive industry, construction industry, and consumer goods market. dcpd has a variety of industrial applications due to its chemical and physical properties, making it a highly sought after chemical in the us market. one of the major factors contributing to the demand for dcpd is its use in the production of unsaturated polyester resins (upr). upr is extensively used in the manufacture of fiberglass reinforced plastics, which are widely used in the automotive industry for the production of body panels and structural parts. with the growing demand for lightweight and fuel-efficient vehicles, the demand for upr is expected to increase, thereby boosting the demand for dcpd in the us market. moreover, dcpd is also used as a raw material in the production of ethylene-propylene-diene monomer (epdm) rubber, which finds applications in the construction industry for roofing membranes, seals, and adhesives. the construction industry in the us has been witnessing significant growth in recent years due to the increasing demand for housing and infrastructure projects, thus driving the demand for epdm and dcpd. in addition to its applications in the automotive and construction industries, dcpd also finds use in the production of specialty chemicals such as coatings, adhesives, sealants, and elastomers. these chemicals are widely used in the production of consumer goods such as electronics, furniture, and household appliances. as the consumer goods market in the us continues to grow, so does the demand for specialty chemicals and dcpd. another factor contributing to the demand for dcpd is its use as a feedstock in the production of petroleum resins. these resins are used in a variety of applications such as adhesives, coatings, and printing inks. with the increasing demand for these products in various industries, the demand for dcpd as a feedstock is also expected to rise. in terms of grades, the market for dcpd in the us is dominated by the high-purity grade, which is used in most of the industrial applications mentioned above. however, there is also a growing demand for low-purity grade dcpd in certain industrial processes, such as the production of rosin esters and terpene resins. overall, the demand for dcpd in the us market is expected to continue its upward trend in the coming years, driven by its various applications in key industries. as new applications and technologies emerge, the demand for dcpd is also expected to grow, making it a promising market for manufacturers and suppliers in the chemical industry.