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Polydicyclopentadiene pDCPD is a thermoset polymer material with high impact strength and tough, rigid structure, and high resistance against heat, chemicals and corrosion. Polydicyclopentadiene pDCPD owing to its properties finds applications in industries where mechanical properties and product service environments are critical. Polydicyclopentadiene pDCPD is manufactured by polymerization through a process called ring opening metathesis polymerization ROMP of low viscosity dicyclopentadiene DCPD monomer in presence of a catalyst. Globally, development of efficient and advance technology, rising demand for industrial goods, increasing usage in agricultural applications, and growing demand from automotive industry are the prime growth drivers of global Polydicyclopentadiene market. In addition, increase in adoption of Polydicyclopentadiene for applications in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global Polydicyclopentadiene market. However, higher cost of the research and development, volatile prices and supply of raw material, stringent government regulations and complex approval process, risk of new substitute material are the key restraints for global Polydicyclopentadiene market.
Geographically Asia Pacific dominated global Polydicyclopentadiene market and is projected to have fastest growth, owing to rapidly increasing automotive industry, rising demand from the agriculture equipment manufacturers, favourable government policies, and growing consumer goods industry in developing nations such as China, and India in this region. Among all the application, engineered materials has the highest market share in global Polydicyclopentadiene market.
This report identifies the global Polydicyclopentadiene market size in for the year 20142016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global Polydicyclopentadiene market.
This report segments global Polydicyclopentadiene market on the basis of application and regional market as follows:
The report has focused study on Polydicyclopentadiene market by basis of application such as: Automotives, Agriculture, Chemical, Industrial, Engineered Materials, Waste Water Treatment, and Others
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, AsiaPacific APAC, and Rest of the World RoW covering all the major country level markets in each of the region
This report identifies all the major companies operating in the Polydicyclopentadiene market. Some of the major companies' profiles in detail are as follows:
Mitsubishi Chemicals Corporation
The Dow Chemical Company
Sinoven Biopolymers Inc.
Original Article: Polydicyclopentadiene Market: By Application Automotives, Agriculture, Chemical, Industrial, Engineered Materials, Waste Water Treatment, and Others By RegionForecast 20162021 [Updated: 09022016] Prices from USD $5250NEXT ARTICLE