INCREASING DEMAND FOR LIGHTWEIGHT AUTOMOTIVE TO ACCELERATE DEMAND IN GLOBAL DICYCLOPENTADIENE MARKET
Pythonholic18 Mar, 2021Business
This merger will result in strengthening their position and will fuel growth in the global dicyclopentadiene market. Few other players in the global dicyclopentadiene market are Chevron Philips Chemical Company, Shell Chemicals, Maruzen Petrochemical, Zibo Lujua Hongjin New Material Co. Ltd. and LyondellBasell. The global dicyclopentadiene market is anticipated to reach US$0.902 bn by the end of 2025 progressing from US$ 0.56 bn earned in 2016. To reach this valuation, the market is projected to rise at 5.5% CAGR over the projected tenure.
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