Dicyclopentadiene Market Size

Dicyclopentadiene Market size was over USD 1.06 billion in 2024 and is estimated to reach USD 1.96 billion by the end of 2037, expanding at a CAGR of 5.2% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the dicyclopentadiene is assessed at USD 1.12 billion.

The demand for DCPD is growing due to the heavy usage of the components in automobile manufacturing, particularly electric vehicles. With the increasing adoption of sustainable transportation, the need for such high-performing composite material is inflating.

Automakers are utilizing the material to manufacture lightweight and durable body structures, enhancing EV performance. For instance, in February 2023, Wardwizard launched MIHO, an e-bike with advanced storage capacity and comfort. The new electric scooter is built with polydicyclopentadiene, offering resistance to high impact, chemical corrosion, and high heat deflection temperature. This is further creating a new genre of consumer base, enlarging the DCPD market. The industry is now expanding with the penetration of advancements in production methods and new formulations.