Global Dicyandiamide Market was valued US$ XX Mn. in 2019 and is expected to grow US$ XX Mn. by 2027, at a CAGR of XX% during the forecast period.

Global Dicyandiamide Market

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Global Dicyandiamide Market Definition:

Dicyandiamide is mainly used as raw material for the production of active pharmaceutical ingredients (API) to manufacture anti-diabetic medicines. It is also used as a curing agent in epoxy resins and laminates circuit boards as well as adhesives. The compound is also used in the production of organic chemicals, which include, water treatment chemicals, slow and controlled nitrogen release fertilizers, dye fixing agents, and pharmaceuticals. There is a different grade of dicyandiamide is available in the market based on its purity. Thus, during the study of the global dicyandiamide market, MMR analysts have considered the dicyandiamide compound to analyze the market.
Global Dicyandiamide Market Drivers:

Dicyandiamide is used as an active pharmaceutical ingredient in the production of metformin on a large scale which helps in the improvement of glucose in diabetes patients is the main driver of the global dicyandiamide market. For example, the development in the U.S. pharmaceutical industry the product is increasingly used in the synthesis of drugs for treating patients suffering from type II diabetes. As the product is vastly reactive and non-hazardous, it is widely used in manufacturing metformin drug. The United States is the largest pharmaceutical market which accounted for about 45% of the global share in 2018. Dicyandiamide is used as an intermediate during the manufacturing of flame retardants, fertilizers, coating, adhesives, and others. The development of non-toxic ultra-micronized dicyandiamide with better-quality performance for the production coatings, adhesives, and others are expected to create new opportunities for dicyandiamide over the forecast period.

Dicyandiamide is a free-flowing white-colored versatile chemical with diverse applications. Extensive use of the product in wastewater treatment plants as a decoloring agent or flocculating agent will drive the market in the future. Growth in the wastewater treatment industry in the European countries will have a substantial impact on the dicyandiamide market. The region has above 18,000 wastewater treatment plants in operation. As the region’s major attention is sustainable development and to promote eco-friendly products & techniques, the demand for dicyandiamide will rise in the future. Also, the rising lack of clean water will lead to increased water treatment facilities in developing countries which will further boost the demand in the market.

Nevertheless, the easy availability of cost-effective and better performing substitutes will hinder the growth of dicyandiamide market in the ensuing years. Such as, manufacturers choose to use urea as raw materials for the production of melamine.
Global Dicyandiamide Market Segmentation:

By grade segment, the pharmaceutical grade segment commanded the dicyandiamide market in 2018. Because of the growing usage of dicyandiamide for pharmaceutical and epoxy laminates application is one of the major factors for the expected increase in demand for dicyandiamide. As well, the rising diabetic populace over the globe has made a requirement for anti-diabetic medications, which is expected to drive interest for dicyandiamide amid the estimated time frame.

Region-wise, Asia Pacific is expected to hold the largest market share in the dicyandiamide market, because of the rising product manufacturers in this region. A large number of small & medium-sized manufacturers in China and Japan have helped in occupying a noteworthy market share. Also, developments in end-use sectors like electronics, agriculture, textile, etc. are expected to boost the demand in the dicyandiamide market in the future.

The objective of the report is to present a comprehensive analysis of the Global Dicyandiamide Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Dicyandiamide Market dynamics, structure by analyzing the market segments and project the Global Dicyandiamide Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Dicyandiamide Market make the report investor’s guide.

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Scope of the Global Dicyandiamide Market: Inquire before buying

Global Dicyandiamide Market, By Grade

• Electronic Grade
• Industrial Grade
• Pharmaceutical Grade
• Others
Global Dicyandiamide Market, By Application

• Pharmaceuticals
• Epoxy Laminates
• Slow-release Fertilizers
• Flame Retardants
• Dye Fixing
• Water Treatment
• Others (gun powder, air bags, paper sizing, etc.)
Global Dicyandiamide Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Dicyandiamide Market

• AlzChem Group AG
• Ningxia Darong Industry Group Co., Ltd.
• Ningxia Jiafeng Chemicals Co., Ltd.
• Ningxia Yinglite Chemical Co., Ltd.
• Ningxia Blue-White-Black Activated Carbon Co. Ltd.
• Ningxia Sunnyfield Chemical Co. Ltd.
• Shizuishan Pengsheng Chemical Co., Ltd.
• Benco Chemical LTD LLC

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