Global Cyclopentadiene Market Research Report 2021

Cyclopentadiene is an organic compound falls under the class of cyclo alkenes that can be further classified under unsaturated hydrocarbons. The chemical IUPAC name of Cyclopentadiene is 1,3 cyclopentadiene. At room temperatures, the cyclopentadiene dimerizes to form a dicyclopentadiene with the help of Diels-Alder Reaction. The compound commercially available in the liquid state and has colorless appearance and unpleasant ordor. Cyclopentadiene can be prepared from the steam cracking of naphtha and can also be produced from coal tar. Cyclopentadiene monomer can be synthesized when the commercially available dicyclopentadiene is thermally cracked at 180 degree C and can be further used for producing chemical adopted in wide scale in different application industries. The liquid compound is primarily used for the synthesis of cyclopentene and its derivatives ethylidenenorbornene. These produced species are then further used in the production of speciality polymers. Also the compound is one of the main constituent in the fabrication of cyclopentadienyl ligand one of the highly stable compound in organometallic chemistry. The highest production and consumption of the Cyclopentadiene compound is noted in the United States. Western Europe and Japan are making significant contribution in fabrication and utilization of the compound wordwide. China has been witnessing the exceptional demand for cyclopentadiene derivatives during past few years. Several new market entrants emerged in the manufacturing of cyclopentadiene globally which impacted the market of the organic compound significantly. Cyclopentadiene is used extensively in manufacturing of automotive accessories and parts, and is also used in manufacturing of sporting, plastic and gardening goods because of its high stability, toughness, and high thermal resistance and ease in processing.
The global expansion witnessed in industries like electronics, automotive, construction and medical field where the derivative of cyclopentadiene are used because of its unmatched superior properties in a large scale is one of the key driver that is expected to fuel the adoption of cyclopentadiene in coming few years. Government initiatives like increase in funding and promising tax benefits for the new entrants also led in significant increase in the demand of cyclopentadiene. Many application industries are replacing heavy items like metals from lighter compounds like plastics that shows exceptional mechanical and chemical resistance even at elevated temperature. These special class plastics are derived by the processing of monomers and compound like cyclopentadiene. Emerging business models like strategic alliance of new entrants with the bigger players present in the value chain helps big players to expand their production capabilities with sound technologies which further increases the overall throughput of the cyclopentadiene. Some of the factors like shifting of manufacturing units to China and other Asian countries, changing trade flows, and increase in demand of hydrocarbon resin is Asia are some of the key factors that enable the growth of Cyclopentadiene production. Apart from these developments, there are certain factors that restrict the adoption of Cyclopentadiene on global scale such as negative side effects of cyclopentadiene on humans during processing and strict environmental laws against the ease of processing of plastics and polymers.

Market Analysis and Insights: Global Cyclopentadiene Market
The global Cyclopentadiene market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Cyclopentadiene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Cyclopentadiene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Hydrocarbon Resin
Unsaturated Polyester Resin
EPDM elastomers
Poly nDCPD
COC & COP

Segment by Application
Electronics
Automotive
Construction
Medical Field

By Company
Velsicol Chemical
Creasyn Finechem
Kolon Industries
Triveni Chemicals
Hangzhou Dayangchem
Chevron Phillips Chemical
Braskem
Central Drug House(CDH)

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E