Global Dicyandiamide Market Size To Power Swiftly And Reach USD 421.4 Million by 2032 — Zion Market Research
According to the report published by Zion Market Research, global Dicyandiamide Market, estimating its value at USD 327.52 Million in 2023, with projections indicating that it will reach USD 421.4 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 2.84% over the forecast period 2024–2032.
Pharmaceutical can take a primary position in the years to come. Regionally, Asia Pacific is expected to dominate the market. The major players active in the global dicyandiamide market are Ningxia Jiafeng Chemicals Ltd., Ningxia Yinglite Chemical Co., Ltd., Ningxia Darong Industry Group Co., Ltd., AlzChemGroup AG, Ningxia Blue-White-Black Activated Carbon Co. Ltd., Shizuishan Pengsheng Chemical Co., Ltd., and Ningxia Sunnyfield Chemical Co. Ltd.
Increasing Aim On Enhancing Pharmaceuticals To Power The Growth Of The Global Dicyandiamide Market
DCD (dicyandiamide), which is also dubbed as 2-Cyanoguanidine, is a hydrophilic, soluble white crystalline compound. It is basically used as crude substance for creation of dynamic pharmaceutical fixings for making medicines. It is moreover used as a restoring operator in overlays and epoxy pitches for glues and circuit sheets. It is also used underway of natural synthetic materials, which includes controlled & slow nitrogen discharge composts, water treatment synthetic materials, pharmaceuticals, and color fixing experts. DCDs are of different evaluations based on immaculateness. The evaluations comprise modern evaluation, electronic evaluation, pharmaceutical evaluation, and others.
One of the usually employed medicines used to treat type 2 diabetes, metformin, is composed using DCD. Almost 90% of all diabetic cases include type 2 diabetes, which is believed as an actual part of the most extensively recognized infections all over the world. There can be growing interest for dicyandiamide in Asia Pacific because the region is claimed to be in a vanguard place with regards to generation of metformin and cost of the medicine.
Asia Pacific To Power The Global Dicyandiamide Market In The Years To Come
Areas such as Asia Pacific are undergoing huge development in the pharmaceutical industry, particularly in nations such as India and China. Hence, the dicyandiamide market is predicted to grow at a slow speed in Asia Pacific. The region added up for a huge share of the global market for dicyandiamide in 2017, followed by Europe and North America. The area is expected to carry on its dominance in the years to come.
Browse the full “Dicyandiamide Market By Grade (Pharmaceutical, Electronic, and Industrial Segments) and Application (Pharmaceuticals, Epoxy Laminates, Slow-Release Fertilizers, Flame Retardants, Dye Fixing, and Water Treatment Sectors): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024–2032.” Report at https://www.zionmarketresearch.com/report/dicyandiamide-market
Global Dicyandiamide Market: Competitive Players
Some main participants of the Dicyandiamide market are-
- Ningxia DARONG Chemical Metallurgy Co., ltd.
- Ningxia Hanas New Energy Group
- Alzchem Group AG
- Ningxia Yinglite Chemicals Co., Ltd
- Ningxia Hanas New Energy Group
- Shizuishan Pengsheng Chemical Co., Ltd
- Ningxia JIAFENG Chemical Co., ltd.
The global dicyandiamide market is segmented as follows:
By Grade
- Electronic Grade
- Industrial Grade
- Pharmaceutical Grade
By Application
- Pharmaceuticals
- Epoxy Laminates
- Slow-release Fertilizers
- Flame Retardants
- Dye Fixing
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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