Dicyandiamide

Global Dicyandiamide Market to Reach US$566.9 Million by 2030

The global market for Dicyandiamide estimated at US$391.8 Million in the year 2024, is expected to reach US$566.9 Million by 2030, growing at a CAGR of 6.3% over the analysis period 2024-2030. Pharmaceutical, one of the segments analyzed in the report, is expected to record a 7.6% CAGR and reach US$266.8 Million by the end of the analysis period. Growth in the Electronic segment is estimated at 5.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$102.1 Million While China is Forecast to Grow at 10.7% CAGR

The Dicyandiamide market in the U.S. is estimated at US$102.1 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$138.9 Million by the year 2030 trailing a CAGR of 10.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.4% and 6.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Global Dicyandiamide Market - Key Trends & Drivers Summarized

What Is Dicyandiamide and Why Is It Important Across Industries?

Dicyandiamide (DCD) is a versatile chemical compound used primarily as a raw material in various industrial applications, including pharmaceuticals, agriculture, and water treatment. Its ability to act as a nitrogen stabilizer makes it essential in fertilizer production, improving soil quality and crop yield efficiency. In pharmaceuticals, DCD is a precursor for the synthesis of medications, including some anti-diabetic drugs, due to its stability and chemical properties. Additionally, its use in epoxy resin systems for adhesives, coatings, and laminates is growing, thanks to its ability to enhance heat resistance and mechanical strength. The multi-faceted applications of DCD across diverse industries make it a critical chemical for manufacturing processes and agricultural advancements.

How Are Technological Advancements Impacting Dicyandiamide Applications?

Technological advancements in chemical synthesis and manufacturing processes are expanding the applications of dicyandiamide, particularly in the development of advanced agricultural and pharmaceutical products. Innovations in fertilizer technology are incorporating DCD as a stabilizer to slow down nitrogen release, which is crucial for improving crop yields and reducing environmental impacts. In the pharmaceutical sector, refined production techniques are enhancing the purity of DCD, allowing for its use in more sophisticated drug formulations. The epoxy resin industry is also benefiting from these advancements, as DCD is being optimized to improve the performance of resins in electronic and automotive applications. These technological improvements are making DCD more effective, efficient, and suitable for high-demand industries.

What Market Trends Are Shaping the Demand for Dicyandiamide?

The growing focus on sustainable agriculture is a key trend influencing the dicyandiamide market. As governments and agricultural organizations seek to reduce greenhouse gas emissions and promote eco-friendly farming practices, the demand for nitrogen stabilizers like DCD is increasing. Additionally, the pharmaceutical industry’s expansion, particularly in developing regions where healthcare infrastructure is improving, is driving the need for chemical compounds such as DCD in drug synthesis. The rise of the electronics industry, which requires advanced resins and adhesives, is also contributing to the demand for DCD as a key component in these applications. Furthermore, regulatory support for sustainable agriculture and the production of high-performance materials is propelling the use of DCD across these sectors, reflecting a market trend towards eco-friendly and high-quality solutions.

What Factors Are Driving Growth in the Dicyandiamide Market?

The growth in the dicyandiamide market is driven by several factors, including the increasing demand for sustainable agricultural practices, the expansion of the pharmaceutical sector, and technological advancements in resin manufacturing. The use of DCD as a nitrogen stabilizer in fertilizers is becoming more widespread as agriculture shifts towards eco-friendly solutions that enhance crop productivity while minimizing environmental impact. The growing pharmaceutical industry, particularly in emerging markets, is boosting the demand for DCD as a raw material in drug production. Additionally, the electronics and automotive sectors’ need for high-performance epoxy resins is further supporting market growth, as DCD enhances the thermal and mechanical properties of these materials. The combined influence of technological progress, regulatory support for sustainable practices, and the expansion of key end-use industries is driving the global demand for dicyandiamide.

SCOPE OF STUDY:

The report analyzes the Dicyandiamide market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Grade (Pharmaceutical, Electronic, Industrial, Other Grades); Application (Pharmaceuticals, Epoxy Laminates, Slow-Release Fertilizers, Flame Retardants, Dye Fixing, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 46 Featured) -

• AlzChem Group AG
• Ningxia Blue-White-Black Activated Carbon Co. Ltd.
• Ningxia Darong Industry Group Co., Ltd.
• Ningxia Jiafeng Chemicals Co., Ltd.
• Ningxia Sunnyfield Chemical Co. Ltd.
• Shizuishan Pengsheng Chemical Co., Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

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JAPAN
INDIA
176 OTHER COUNTRIES.

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