Japan Dicyandiamide (CAS 461-58-5) Market was valued at USD 0.05 Billion in 2022 and is projected to reach USD 0.08 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The Global Dicyandiamide (Cas 461-58-5) Market Is Experiencing Notable Growth, Driven By Its Diverse Applications Across Multiple Industries. Dicyandiamide, Commonly Known As Dcd, Is A White Crystalline Compound Utilized Extensively In Sectors Such As Pharmaceuticals, Agriculture, Electronics, And Chemicals.
In The Pharmaceutical Industry, Dicyandiamide Serves As A Crucial Intermediate In The Synthesis Of Active Pharmaceutical Ingredients (Apis). Notably, It Is Integral In Producing Metformin, A Widely Prescribed Medication For Type 2 Diabetes. With The Increasing Prevalence Of Diabetes Worldwide, The Demand For Metformin Has Surged, Consequently Boosting The Consumption Of Dicyandiamide. According To Market Projections, The Dicyandiamide Market Is Expected To Reach Approximately Usd 715.9 Million By 2031, Growing At A Compound Annual Growth Rate (Cagr) Of 8.5% From 2023 To 2031.
Agriculturally, Dicyandiamide Is Employed As A Nitrification Inhibitor In Fertilizers, Enhancing Nitrogen Utilization Efficiency And Promoting Sustainable Farming Practices. By Slowing The Conversion Of Ammonium To Nitrate, It Reduces Nitrogen Leaching Into Waterways, Thereby Mitigating Environmental Impact. This Application Is Particularly Vital As Global Food Security Concerns Escalate, Necessitating Efficient And Eco-Friendly Agricultural Inputs.
In The Electronics Sector, Dicyandiamide Is Utilized As A Curing Agent In Epoxy Resins, Which Are Essential In Manufacturing Printed Circuit Boards And Other Electronic Components. The Ongoing Advancements In Electronics, Including The Proliferation Of 5G Technology And Electric Vehicles, Have Amplified The Demand For High-Performance Materials, Thereby Fostering The Growth Of The Dicyandiamide Market.
Regionally, The Asia Pacific Dominates The Dicyandiamide Market, Attributed To Robust Industrial Activities In Countries Like China And India. The Presence Of Major Manufacturers And The Burgeoning Pharmaceutical And Agricultural Sectors In This Region Significantly Contribute To Market Expansion. North America And Europe Also Hold Substantial Market Shares, Driven By Well-Established Pharmaceutical And Chemical Industries.
From Personal Experience Working In The Chemical Manufacturing Sector, I'Ve Observed The Increasing Inquiries And Orders For Dicyandiamide, Particularly From Pharmaceutical Companies Ramping Up Metformin Production. This Trend Underscores The Compound'S Critical Role In Addressing Global Health Challenges And Its Growing Importance Across Various Industries.
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AlzChem
NCI
Denka
Jiafeng Chemical
Ningxia Sunnyfield Chemical
Darong Group
Gulang Xinmiao
Yinglite Chemical
Beilite Chemical
Shandong Efirm Biochemistry
Ningxia Baoma Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Dicyandiamide (CAS 461-58-5) Market
Fertilizer Industry
Pesticide Industry
Others
Based on Types the Market is categorized into Below types that held the largest Dicyandiamide (CAS 461-58-5) market share In 2023.
Calcium Cyanamide Granular
Calcium Cyanamide Powder
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Dicyandiamide (CAS 461-58-5) Market Research Analysis
1. Introduction of the Global Dicyandiamide (CAS 461-58-5) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Dicyandiamide (CAS 461-58-5) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dicyandiamide (CAS 461-58-5) Market, By Type
6. Global Dicyandiamide (CAS 461-58-5) Market, By Application
7. Global Dicyandiamide (CAS 461-58-5) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Dicyandiamide (CAS 461-58-5) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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