Dicyandiamide Market

Dicyandiamide Market Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2026

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Dicyandiamide Market Overview:

The global market for dicyandiamide is projected to expand significantly between 2022 and 2028, propelled by rising investments in the water treatment industry. Dicyandiamide is an extremely reactive nitrogen-based chemical. This white powder is being utilised in a variety of applications, such as adhesives, dielectric coatings, powder coatings, and PVC flooring.

As well as pharmaceutical grade, electronics grade, and industrial grade dicyandiamide, the market share is segmented by grade. By 2028, the pharmaceutical segment’s dicyandiamide market share will account for a significant amount of overall revenue. Globally renowned pharmaceutical corporations employ the component in the production of anti-diabetic medications.

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Availability of More Economical and Effective Substitutes

Dicyandiamide is used as a precursor in the manufacture of fertilisers, flame retardants, coatings, and adhesives, among other products. Melamine can also be made utilising dicyandiamide, hydrogen cyanide, and urea as basic ingredients. Melamine is combined with formaldehyde and other substances to create melamine resins, which are utilised in high pressure ornamental laminates. With the advent of dicyandiamide and urea, however, melamine synthesis technologies have become commercialised over time.

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Currently, melamine manufacturers prefer urea over dicyandiamide as a raw material since the urea process is less expensive. Additionally, urea is more widely and easily accessible than dicyandiamide around the world. Production of dicyandiamide is mostly centred in Asia-Pacific and a few European nations, such as Germany. Therefore, manufacturers have been replacing their dicyandiamide-based melamine production process with urea during the past few years. Currently, all melamine production plants in the world are urea-based. In the coming years, the market for dicyandiamide is predicted to be hindered by the availability of cost-efficient and more effective replacements, such as urea.

According to figures given by the International Diabetes Federation (IDF), diabetes affects more than 537 million persons worldwide. Three out of four diabetics reside in low- and middle-income countries, indicating the potential of pharmaceutical companies based in the BRICS (Brazil, Russia, India, China, and South Africa) countries. The increasing elderly population and the prevalence of diabetes-related fatalities are driving the pharmaceutical grade dicyandiamide market.

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Pharmaceuticals, flame retardants, epoxy laminates, water treatment, textile & dyeing auxiliaries, and fertilisers, among others, account for a portion of the market share. The fertilisers category is anticipated to contribute significantly to the dicyandiamide (DCD) market share over the duration of the forecast period, owing to rising concerns about global food security. Studies indicate that the use of dicyandiamide-based fertilisers correlates with increased plant productivity and economic gains. The ingredient can be used to make both chemical and organic liquid and dry fertilisers, thereby preventing nitrogen loss through nitrification.

Key Players

The “ Dicyandiamide Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as AlzChem Group AG, ShizuishanPengsheng Chemical Co., Ltd., Benco Chemical LTD LLC, Akash Purochem Private, Nippon Carbide Industries, SAE Manufacturing Specialties Corp., ChemCeed, BariteWorld, U.S. Chemical, LLC, and Mil-Spec Industries.

The global dicyandiamide market has been segmented as follows:

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Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • France
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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Dicyandiamide Market Overview: The global market for dicyandiamide is projected to expand significantly between 2022 and 2028, propelled by rising investments in the water treatment industry. Dicyandiamide is an extremely reactive nitrogen-based chemical. This white powder is being utilised in a variety of applications, such as adhesives, dielectric coatings, powder coatings, and PVC flooring. As…

Dicyandiamide Market Overview: The global market for dicyandiamide is projected to expand significantly between 2022 and 2028, propelled by rising investments in the water treatment industry. Dicyandiamide is an extremely reactive nitrogen-based chemical. This white powder is being utilised in a variety of applications, such as adhesives, dielectric coatings, powder coatings, and PVC flooring. As…

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