The market value for Dicyandiamide Market was USD 450.4 Million in 2022 and is expected to reach USD 698.2 Million in 2032 growing at a CAGR of 4.1% during the forecast period. The demand for dicyandiamide in the agricultural sector, the increase in demand for chemicals used in water treatment, and the rising use of dicyandiamide in the pharmaceutical industry are the main drivers of revenue growth.
The increasing demand for dicyandiamide in the agriculture industry is one of the main reasons fueling the growth of the Dicyandiamide Market. In the agricultural sector, dicyandiamide is frequently used as a Nitrogen stabilizer to increase crop yields and reduce nitrogen loss to the atmosphere. The demand for food is expected to grow as the world’s population expands, which is probably what will fuel the demand for dicyandiamide in the agricultural industry.
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Major Companies:
- AlzChem Group AG
- BASF SE
- Sanwei Fengrun Chemical
- Ningxia Darong Chemicals & Metallurgy
- Jiangsu Guotai International Group
- Suzhou Yingke Biotechnology Co. Ltd.
- Jining Hongxing Chemical Co. Ltd.
- Zhejiang Jiahua Energy Chemical Industry Co. Ltd.
- Nippon Carbide Industries Co., Inc.
- OCI Nitrogen
- Sinochem Lantian Co. Ltd.
Key questions addressed in the report:
- What is the expected market size of the global Dicyandiamide market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Dicyandiamide market?
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Dicyandiamide Market Segmentation:
By Product Form Outlook:
- Powdered
- Granular
- Solution
By Application Outlook:
- Fertilizers
- Pharmaceuticals
- Water Treatment
- Flame Retardants
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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