Dicyandiamide is primarily utilised as a raw material in the manufacture of active pharmaceutical ingredients (API) for anti-diabetic medications. It is also employed as a curing agent in epoxy resins, laminated circuit boards, and adhesives. The substance is also used to make organic chemicals such as water treatment chemicals, slow and controlled nitrogen release fertilisers, colour fixing agents, and medicines. Based on its purity, multiple grades of dicyandiamide are available on the market. MMR experts used the dicyandiamide compound to analyse the global dicyandiamide market throughout their research.
Global Dicyandiamide Market Overview:
Global Dicyandiamide Market Research Report examined the current state of definitions, classifications, applications, and the structure of the industrial chain. The report offers objective professional commentary on the current market condition, historical market performance, production and consumption rates, demand and supply ratios, and income generation estimates for the projected term. The Global Dicyandiamide market analysis also provides information on the strategic aspirations and company growth strategies of the major organisations in the Global Dicyandiamide sector. Among the approaches examined in the study are mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand marketing, and product launches. To summary, the research presents a thorough picture of the Global Dicyandiamide market in both and regional markets.
Key Insights:
Global Dicyandiamide Market Size was valued US$ 312.72 Mn. in 2021 and is expected to grow US$ 387.00 Mn. by 2029, at a CAGR of 2.7% during the forecast period.
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COVID-19 Impact on Global Dicyandiamide market:
The COVID-19 epidemic has had a significant impact on the Global Dicyandiamide industry. Due to the worldwide crisis and a lack of manpower, production facilities have been paused. The COVID-19 pandemic has led in a severe and extended drop in production utilisation, while travel prohibitions and facility closures have kept personnel away from their facilities, causing the Global Dicyandiamide market to slow in 2020. However, the negative impact of COVID-19 on the Global Dicyandiamide market is expected to be short, with the industry rebounding quickly by early 2021 due to increasing demand for Global Dicyandiamide .
Global Dicyandiamide Market Drivers:
Dicyandiamide is widely utilised as an active pharmaceutical ingredient in the mass production of metformin, which aids in the improvement of glucose levels in diabetic patients, and is the primary driver of the worldwide dicyandiamide market. For example, as the pharmaceutical sector in the United States evolves, the product is increasingly being employed in the manufacture of medications to treat people suffering from type II diabetes. Because the product is highly reactive and non-hazardous, it is commonly employed in the production of metformin drugs. The United States is the largest pharmaceutical market, accounting for around 45% of worldwide share in 2021. Dicyandiamide is used as an intermediary in the production of flame retardants, fertilisers, coatings, and adhesives, among other things.
Global Dicyandiamide Market Segmentation:
by Grade
• Electronic Grade
• Industrial Grade
• Pharmaceutical Grade
• Others
by Application
• Pharmaceuticals
• Epoxy Laminates
• Slow-release Fertilizers
• Flame Retardants
• Dye Fixing
• Water Treatment
• Others
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Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of market potential in a variety of categories, as well as country-by-country analyses in each covered area. The analysis investigates the market’s major influencing factors, as well as complete company profiles of….
• 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
• Akash Purochem Private
• Nippon Carbide Industries
• SAE Manufacturing Specialties Corp.
• ChemCeed
• BariteWorld
• U.S. Chemical, LLC
• Mil-Spec Industries
Regional Analysis:
The region portion of the research also provides key market influencing aspects and changes in market regulation that influence the market’s current and future trends. New sales, replacement sales, national demographics, regulatory acts, and import-export taxes are some of the major variables used to assess the market scenario for various locations. Furthermore, when providing forecast analysis of national data, the existence and availability of brands, as well as the hurdles they encounter due to strong or weak competition from local and domestic brands, as well as the influence of sales channels, are taken into account.
Table Of Content:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Dicyandiamide Market Size, by Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
Key Questions Answered in the Global Dicyandiamide Market Report are:
- Which segment emerged as the leading segment in the Global Dicyandiamide market?
- Which are the key players in the Global Dicyandiamide market?
- What trends are likely to emerge in the Global Dicyandiamide market in the coming years?
- What will be the Global Dicyandiamide market size by 2027?
- Which company held the largest share in the Global Dicyandiamide market in 2020?
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