Industry

Dicyandiamide Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: by Grade (Industrial, Electronic, Pharmaceutical, Others); Application (Pharmaceutical, Epoxy Laminates, Slow Release Fertilizers, Flame Retardants, Dye Fixing, Water Treatment, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00012630

No. of Pages : 150
Published Month : Apr 2024
Category : Chemicals and Materials

The Dicyandiamide Market is expected to register a CAGR of 3.0% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The dicyandiamide market is segmented into product type, application, and geography. Based on product type, the market is segmented into pharmaceutical grade, industrial grade, and electronic grade. Based on application, the market is segmented into pharmaceuticals, agriculture, adhesives, flame retardants, textiles, water treatment, chemical manufacturing, and others. The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Dicyandiamide Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Dicyandiamide Market Segmentation

Product Type

  • Pharmaceutical Grade
  • Industrial Grade
  • Electronic Grade

Application

  • Pharmaceuticals
  • Agriculture
  • Adhesives
  • Flame Retardants
  • Textiles
  • Water Treatment
  • Chemical Manufacturing

Dicyandiamide Market Growth Drivers

  • Higher Demand from the Agriculture Industry: Dicyandiamide is more commonly referred to as DCD. It is the most widely used raw material in the production of slow-release nitrogen fertilizers. Increasingly, demand for food production and the necessity for more efficient fertilizers that can enhance crop yields have been high drivers for the Dicyandiamide market. In a globalized world, increasingly, the role of DCD-submergence and, more importantly, ensuring there is less nitrogen leaching and soil health enhancement-is being outlined as a significant stimulant to demand.
  • Industrial Applications in Pharmaceuticals and Chemicals: Dicyandiamide is used as an intermediate for the production of industrial products, including pharmaceuticals, agrochemicals, and resins. Demand also comes from usage as a stabilizer and curing agent for the production of melamine resins, adhesives, and coatings. Regarding industry growth, all resin production, applications of polymers, and flame retardants will see an increase due to the expansion of construction, automotive, and electronics industries around the world.
  • Environmental Regulations and Sustainability Initiatives: These days, governments of nearly all countries are imposing stricter regulatory policies on the effect of agricultural practices on the environment, particularly the use of nitrogen fertilizer. As part of stricter regulations includes the entry of dicyandiamide. Notably, taking attention as it could pose the smallest possible environmental impact, like contaminating the soil and water. Its contribution to the idea of sustainable farming practices and pushing greener technologies remains one of the major driving factors in the market.

Dicyandiamide Market Future Trends

  • Shift Toward Sustainable and Green Chemistry: This global trend towards sustainability has an impact on the chemical industry itself, specifically in the dicyandiamide market. DCD producers focus more on eco-friendly and sustainable production processes that bring about a reduction in carbon footprint and waste generation. These meet regulatory requirements but also respond to the growing demand from consumers to become environmentally friendly.
  • Adoption of Slow-Release Fertilizers: Dicyandiamide-based fertilizers, although slow-release fertilizers are increasingly used these days in conventional as well as organic farms. It causes the nutrients to be released into the plants in a controlled manner, thus reducing the probability of over-fertilization. They also reduce environmental pollution. Because farming is getting greener and more efficient, demand for such types of fertilizers is increasing.
  • Technological Advancements in Agricultural Practices: With more and more practices of precision agriculture that use technology and data to optimize farming practices, there has emerged a need for a higher demand for specialized fertilizers that can be adjusted according to specific crops and soil conditions. The good news for dicyandiamide in slow-release nitrogen fertilizers goes with the trend toward more precise and data-driven agricultural techniques aimed at optimizing resource use and crop productivity.

Dicyandiamide Market Opportunities

  • Expansion into Emerging Markets: Rising rates of industrialization and urbanization in Asian-Pacific, Latin American, and African countries are fueling demand for food production and infrastructure development. It is here that there is considerable room for the development of the dicyandiamide market since the realization of efficient agriculture primarily depends upon the proper application of fertilizer. As such countries develop their agricultural mechanisms, there will be a need for DCD-based slow-release fertilizers.
  • Research and Development in Bio-Based Fertilizers and Green Alternatives: There is an opportunity in the procurement of new formulations and applications by the producers of Dicyandiamide as interest in the use of bio-based and organic fertilizers expands; there is considerable entry into research into the inclusion of DCD in integrated pest management or in bio-based fertilizers, mainly on organic farms that demand sustainable approaches.
  • Partnership Agreements with agrochemical companies to jointly develop products: Manufacturers of dicyandiamide and agrochemical companies as partners could help push the market forward through new, efficient, and environmentally friendly fertilizers. Such collaboration often means new DCD-based products that would cater to the needs of particular regions or be compliant with those markets' environmental regulations, further improving market penetration in both developed and developing markets.

Dicyandiamide Market Regional Insights

The regional trends and factors influencing the Dicyandiamide Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Dicyandiamide Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Dicyandiamide Market

Dicyandiamide Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 3.0%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product Type
  • Pharmaceutical Grade
  • Industrial Grade
  • Electronic Grade
By Application
  • Pharmaceuticals
  • Agriculture
  • Adhesives
  • Flame Retardants
  • Textiles
  • Water Treatment
  • Chemical Manufacturing
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Taminco Corporation
  • Eastman Chemical Company
  • Huntsman Corporation
  • LANXESS AG
  • Evonik Industries AG
  • Ascend Performance Materials
  • Kraton Corporation
  • Solvay S.A.

  • Dicyandiamide Market Players Density: Understanding Its Impact on Business Dynamics

    The Dicyandiamide Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Dicyandiamide Market are:

    1. BASF SE
    2. Taminco Corporation
    3. Eastman Chemical Company
    4. Huntsman Corporation
    5. LANXESS AG

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Dicyandiamide Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Dicyandiamide Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Dicyandiamide Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    1. AlzChem AG
    2. Akash Purochem Private
    3. Benco Chemical LTD LLC
    4. Ningxia Blue-White-Black Activated Carbon Co., Ltd.
    5. Ningxia Darong Industry Group Co., Ltd.
    6. Ningxia Jiafeng Chemicals Co., Ltd.
    7. Ningxia Sunnyfield Chemical Co., Ltd.
    8. Ningxia Yinglite Chemical Co., Ltd.
    9. Nippon Carbide Industries
    10. Shizuishan Pengsheng Chemical Co., Ltd.
    Download Sample

    Frequently Asked Questions

    What is the furture trend for dicyandiamide market?

    Shift towards sustainable and green chemistry is expected to be the key market trend.

    What are the deliverable formats of the dicyandiamide market?

    The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.

    What are the driving factors impacting the dicyandiamide market?

    The major factors driving the dicyandiamide market are: 1.Increased Demand from Agriculture Industry 2. Industrial Applications in Pharmaceuticals and Chemicals

    What are the key players operating in the dicyandiamide market?

    BASF SE, Taminco Corporation, Eastman Chemical Company, Huntsman Corporation, LANXESS AG, Evonik Industries AG, Ascend Performance Materials, Kraton Corporation, Solvay S.A., and Arkema Inc are some of the players operating in the market.

    Which regions are covered in the report?

    On the basis of geography, the dicyandiamide market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America

    What is the expected CAGR of the Dicyandiamide Market?

    The Dicyandiamide Market is estimated to witness a CAGR of 3.0% from 2023 to 2031