Dicyandiamide Market- Global Industry Analysis and Forecast (2024-2030)

Dicyandiamide Market was valued US$ 329.83 Mn. in 2023 and is expected to grow US$ 397.45 Mn. by 2030, at a CAGR of 2.7% during the forecast period.

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Dicyandiamide Market Definition:

Dicyandiamide is mainly used as raw material for the production of active pharmaceutical ingredients (API) to manufacture anti-diabetic medicines. It is also used as a curing agent in epoxy resins and laminates circuit boards as well as adhesives. The compound is also used in the production of organic chemicals, which include, water treatment chemicals, slow and controlled nitrogen release fertilizers, dye fixing agents, and pharmaceuticals. There is a different grade of dicyandiamide is available in the market based on its purity. Thus, during the study of the global dicyandiamide market, MMR analysts have considered the dicyandiamide compound to analyze the market.