Product
Dicyclopentadiene Price Trends and Forecast
Dicyclopentadiene Price Trends and Forecast
Regional Price Overview
Get the latest insights on price movement and trends analysis of Dicyclopentadiene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Dicyclopentadiene Price Trends for the First Half of 2023
Asia
In the production of dicyclopentadiene, naphtha serves as a raw material, and thus, the price trends of dicyclopentadiene is guided by the market activities of naphtha. In the first quarter of 2023, the feedstock sector performed well as its demand from the downstream industries was strong, and the rising cost of crude oils also supported the growth in the prices of dicyclopentadiene.
The quarter also witnessed a rise in the cost of imports, which in turn increased the prices of imports from several overseas players. However, the feedstock market declined in the second quarter, with a fall in demand from the downstream industries and the falling cost of crude oils. The depreciation in the process was also caused by the oversupply of products in the region, and thus, the price trends of dicyclopentadiene fell steadily in the Asia-Pacific region.
Europe
The purchasing potential of buyers faced northwards in the first quarter of 2023 supported the rise in the prices of dicyclopentadiene. The demand for feedstock materials also saw a positive incline, and with the easing of the cost of crude oil, especially in the German markets, the price trends of dicyclopentadiene moved with positive momentum. However, the second quarter was not as favorable for the growth of the dicyclopentadiene market as it witnessed a drastic decline in the prices of feedstocks that negatively impacted the growth of the dicyclopentadiene price trends. The major cause of this decline was a negative movement of crude oil prices that lowered the production costs and, in turn, the price trends of dicyclopentadiene.
North America
An inclining trajectory in the prices of naphtha feedstock was witnessed in the first quarter of 2023, which resulted in the rise in the prices of dicyclopentadiene. In addition to this, the quarter was also supported by rising demand and the high number of inquiries from the downstream industries in both domestic and international markets. However, as observed in the European and Asia-Pacific industries, the price trends of feedstocks declined significantly in the second quarter, which had an adverse effect on the prices of dicyclopentadiene. The North American markets moved weakly during this quarter and went through a huge economic turmoil that resulted in the decline of crude oil costs and, eventually, the price trends of dicyclopentadiene.
Analyst Insight
According to Procurement Resource, the price trends of Dicyclopentadiene is estimated to showcase a mixed trajectory as the prices of dicyclopentadiene will only improve if the cost of crude oil and demand from downstream show a positive momentum.
Procurement Resource provides latest prices of Dicyclopentadiene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Dicyclopentadiene is a liquid with an unpleasant smell. It is a white, brittle wax at room temperature, though lesser purity samples might be liquids with a straw colour. Less pure samples have a more overtly unpleasant odour, with the pure substance having a scent that is somewhat reminiscent of soy wax or camphor. Resins, in particular unsaturated polyester resins, are the main use. Inks, adhesives, and paints all employ it as well.
Product Details
| Report Features | Details |
| Product Name | Dicyclopentadiene |
| HS CODE | 29029090 |
| CAS Number | 77-73-6 |
| Industrial Uses | Production of EPDM (ethylene propylene diene monomer) elastomers, Production of paints and varnishes, Production of hydrocarbon resins and unsaturated polyester resins, Production of insecticides |
| Chemical Formula | C10H12 |
| Synonyms | Cyclopentadiene dimer, Biscyclopentadiene |
| Molecular Weight | 132.20 g/mol |
| Supplier Database | Exxon Mobil Corporation, Chevron Phillips Chemical Company, Cymetech Corporation, Nova Chemicals Corporation, Tokyo Chemical Industry CO.LTD (TCI) |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
Production of Dicyclopentadiene from a Crude C5s Stream; via Distillation
In this method, dicyclopentadiene is produced from a crude C5s stream along with C5 raffinate is a by-product.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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