December 21, 2024
Dicyclopentadiene Prices

Dicyclopentadiene is a chemical compound that is a flammable olefin substance mostly found in liquid or solid form. It is commercially prepared by heating naphtha, crude oil, or other petroleum chemicals. It undergoes polymerization under high temperatures or exposure to contaminants. The compound is insoluble in water; however, it is soluble in ethers, alcohols, acetone, n-hexane, and toluene. Its boiling and melting points measure around 170° C and 32.5° C, respectively.

It has a camphor-like odor and leaves an unpleasant irritative sensation if exposed to the eyes or respiratory system. The compound is commercially utilized to manufacture various petrochemical products, including paints, varnishes, etc.

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The key importing countries that import Dicyclopentadiene are the United States, India, and Vietnam. On the other hand, the key exporting countries include China, South Korea, and Japan.

Key Details About the Dicyclopentadiene Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dicyclopentadiene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Dicyclopentadiene Price chart, including India Dicyclopentadiene price, USA Dicyclopentadiene price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Dicyclopentadiene Price Trend:

Dicyclopentadiene is a flammable, waxy, and liquid chemical that is widely used in various commercial applications and is primarily associated with the petrochemical industry. It is used to manufacture various products, including resins, tubs, boat hulls, shower stalls, etc. The compound is primarily used in producing a variety of resins that are used as a raw material to mold products such as decks, bathroom ware, etc.

It exhibits a few key characteristics, such as low styrene emission, low shrinking ability, low cost, and fast curing, making it a suitable material for manufacturing various polymers and products derived from it. It is used in producing polymers such as ethylene propylene diene monomer (EPDM) rubber materials which also has a wide range of applications in the global market. The material is heat resistant and can also tolerate extreme weather conditions. It is one of the key ingredients used in adhesives, paints, and varnishes.

Key Players:

  • Exxon Mobil Corporation
  • Chevron Phillips Chemical Company
  • Cymetech Corporation
  • Nova Chemicals Corporation
  • Tokyo Chemical Industry CO.LTD (TCI)

News & Recent Development

  • Date: January 13, 2023- WardWizard has launched a new electric scooter with advanced technology, built using PolyDicyclopentadiene (PDCPD) material that provides more durability and flexibility to attain maximum protection.

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