Press release
Dicyandiamide Market Analysis by key Players AlzChem AG,Ningxia Sunnyfield Chemical Co., Ltd.,Benco Chemical LTD LLC,Ningxia Darong Industry Group Co.
Dicyandiamide Market
The product is an active pharmaceutical ingredient which is used in manufacturing various medicines like diabetes drugs. In 2017, the pharmaceutical industry in Latin America generated a revenue of about USD 69 billion which increased from USD 62 billion last year. Such rising trend in the pharmaceutical industry will in turn increase the demand for the product in this region.
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Company Profiles:
o AlzChem AG
o Ningxia Sunnyfield Chemical Co., Ltd.
o Benco Chemical LTD LLC
o Ningxia Darong Industry Group Co., Ltd.
o Jiafeng Chemicals USA Co., Ltd.
o Shizuishan Pengsheng Chemical Co., ltd
o Ningxia Blue-White-Black Activated Carbon Co., Ltd.
Dicyandiamide Market size should observe lucrative CAGR from 2019 to 2025 in the coming years due to developments in the water treatment industry. Dicyandiamide or cyanoguanidine 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 coming years. Growth in wastewater treatment industry in the European countries will have significant impact on the dicyandiamide market.
The region has more than 18,000 wastewater treatment plants in operation. As the region’s major focus is sustainable development and to promote environment friendly products & techniques, the demand for dicyandiamide will rise in future. Moreover, the rising scarcity of clean water will lead to increasing water treatment facilities in emerging nations which will further boost the demand in the market.
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The dicyandiamide market is segmented into grades, application and region. The various grades in this market are electronic grade, industrial grade and pharmaceutical grade. The industrial grade is likely to gain a significant growth in the coming years due to its extensive application in various industrial processes. The product is used as an intermediate for several resins and organic nitrogen composites, like guanidine, guanamides, and biguanides. It is extensively used in the chemical industry for the conversion process of melamine. Another application of industrial grade is its use in the paper industry as a flame-retardant additive.
Table Of Content For This Research Report:
Dicyandiamide Market, By Grade, 2014-2025 (USD Million)
• Electronic grade
• Industrial grade
• Pharmaceutical grade
Dicyandiamide Market, By Application, 2014-2025 (USD Million)
• Pharmaceuticals
• Epoxy laminates
• Textile & dyeing auxiliaries
• Water treatment
• Flame retardants
• Fertilizers
• Others
Some of the major market players of dicyandiamide market are Ningxia Sunnyfield Chemical Co., Ltd., Benco Chemical LTD LLC, Ningxia Darong Industry Group Co., Ltd., etc.
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