Dicyandiamide Market reports and Global Analysis

 Dicyandiamide Market reports and Global Analysis

Dicyandiamide , Industry Analysis Report, Regional Outlook, Application Development, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2025 ? 2035, Chem Reports

Global analysis of the Dicyandiamide Market including market trends, applications, and growth forecasts.

Pages: 206

Format: PDF

Date: 11-2025

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Market Overview 

The Dicyandiamide (DCD) market is projected to expand steadily from 2025 to 2035, driven by growing applications across pharmaceuticals, electronics, adhesives, flame retardants, and water treatment sectors. Using 2024 as the base year, the report forecasts market trends over the period 2025–2035. This study aims to provide a clear understanding of the market structure, segmentation, growth potential, technological developments, and major challenges influencing demand. Comprehensive research and data validation were carried out using credible industry sources and expert insights. The findings are presented through charts, graphs, and visual analytics to provide enhanced clarity and support deeper understanding of the market’s evolving dynamics.

Market Segmentation: Dicyandiamide (DCD) Market

Dicyandiamide is a versatile chemical used in pharmaceuticals, dye production, epoxy curing, electronics, flame retardants, fertilizers, and water treatment.

1. By Grade

Electronic Grade (Ultra-High Purity)

  • Used in curing agents for epoxy resins
  • Essential in printed circuit board (PCB) laminates and electronic components
  • Demand driven by semiconductor and electronics industry growth

Pharmaceutical Grade

  • Used in pharmaceutical intermediates
  • Ingredient in metformin and other drug formulations

Industrial Grade

  • Used across adhesives, water treatment, flame retardants, and fertilizers
  • Widely demanded due to cost-effectiveness and mass applications

2. By Application

Epoxy Resin Curing Agents (Largest Segment)

  • Widely used in electrical laminates, adhesives, coatings, and composites

Pharmaceuticals

  • Key raw material in the production of metformin
  • Demand driven by the global prevalence of diabetes and chronic diseases

Flame Retardants

  • Used in melamine-based and nitrogen-rich flame-retardant formulations
  • Significant use in plastics and textiles

Fertilizers (Slow-Release Type)

  • Enhances nitrogen efficiency in soil
  • Used in agriculture for controlled nutrient release

Water Treatment

  • Used in the production of resins for pollutant removal

Dye & Pigment Intermediates

  • Used as a chemical intermediate in producing specialty dyes

Others

  • Rubber chemicals
  • Paper chemicals
  • Synthetic resins

3. By End-Use Industry

Electronics & Electrical

  • Printed circuit boards (PCBs)
  • Semiconductor encapsulation

Pharmaceutical & Healthcare

  • Drug manufacturing companies
  • API producers

Chemicals

  • Adhesive manufacturers
  • Resin producers
  • Flame retardant makers

Agriculture

  • Fertilizer blenders and agro-chemical manufacturers

Textile & Dye Industry

  • Dye intermediates

Water Treatment

  • Industrial water purification systems

Regional Analysis: Dicyandiamide Market

1. Asia-Pacific (Largest & Fastest Growing)

Key Drivers:

  • Major production hub for DCD (China, India)
  • High demand from electronics, pharmaceuticals, and fertilizers
  • Strong growth in epoxy resin and PCB manufacturing

Characteristics:

  • Competitive manufacturing costs
  • High-volume exporters of industrial and electronic-grade DCD

2. North America

Key Drivers:

  • Strong demand for pharmaceutical-grade DCD (particularly for metformin)
  • Growth in epoxy resin applications in aerospace, electronics, and construction

Characteristics:

  • Stringent quality standards
  • Growing demand for flame retardants in consumer goods and electronics

3. Europe

Key Drivers:

  • Growing regulatory shift toward halogen-free flame retardants
  • Increasing use of DCD in electronics, industrial coatings, and specialty adhesives

Characteristics:

  • Demand led by pharmaceutical and electronics sectors
  • Adoption of high-purity grades for advanced applications

4. Latin America

Key Drivers:

  • Agriculture sector expanding demand for slow-release fertilizers
  • Growing use in water treatment and industrial applications

Characteristics:

  • Increasing import demand for industrial-grade DCD
  • Moderate adoption in adhesives and dyes

5. Middle East & Africa

Key Drivers:

  • Increasing use in water treatment chemicals
  • Rising construction activities driving adhesive and resin demand

Characteristics:

  • Growth led by GCC and South Africa
  • Preference for cost-effective industrial-grade DCD

Key Players in the Dicyandiamide Market

Global & Leading Manufacturers

  • AlzChem Group
  • Ningxia Darong Industry
  • Ningxia Blue-White Chemical
  • HeBei ChengXin
  • Shandong Shuntian Chemical
  • Zhonglan Industry
  • Ningxia Jiafeng Chemicals
  • Dalian Richon Chem

Specialty & Regional Players

  • Anhui Jinhe Industrial
  • Nippon Carbide Industries
  • Alchimica
  • Changzhou City Hongyang Chemical

These manufacturers produce DCD across industrial, pharmaceutical, and high-purity electronic grades for global and regional applications.

Market Drivers & Restraints — Dicyandiamide (DCD) Market

Market Drivers

1. Rising Demand for Epoxy Resin Curing Agents

DCD is widely used as a latent curing agent in epoxy resins, supporting applications in electrical laminates, adhesives, coatings, composites, and electronics manufacturing.

2. Growing Pharmaceutical Applications

DCD is a key intermediate in the production of several pharmaceutical compounds, including metformin. Increasing global healthcare demand boosts consumption of pharmaceutical-grade DCD.

3. Expansion of Agriculture and Fertilizer Use

DCD functions as a nitrification inhibitor and as a component of slow-release fertilizers, improving nitrogen efficiency and supporting sustainable agricultural practices.

4. Increasing Need for Flame Retardants

DCD is used in melamine-based and nitrogen-rich flame retardant formulations for plastics, foams, and textiles, driven by fire safety regulations across consumer and industrial goods.

5. Growth of Electronics, PCB, and Resin Industries

High-purity DCD is essential for producing electronic-grade epoxy resins, laminates, and insulation materials, benefiting from expanding semiconductor and electronics demand.

6. Cost-Effective Manufacturing in Asia-Pacific

Large-scale production in Asia ensures competitive pricing and widespread availability, enabling higher adoption across industrial-grade applications.

Market Restraints

1. Dependence on Raw Material and Energy Prices

Fluctuations in feedstock and energy costs impact manufacturing expenses for DCD producers.

2. Stringent Quality Requirements for High-Purity Grades

Pharmaceutical and electronic applications require strict quality certification, raising production costs and creating barriers for smaller manufacturers.

3. Availability of Substitute Chemicals

Alternative curing agents, nitrification inhibitors, and flame-retardant chemistries may limit DCD adoption in certain niche applications.

4. Environmental and Safety Concerns

Chemical handling, waste management regulations, and sustainability pressures may increase compliance costs for manufacturers and end-users.

5. Regional Production Concentration

Heavy dependence on a few major producing countries exposes the market to supply risks and geopolitical factors.

SWOT Analysis — Dicyandiamide (DCD) Market

Strengths

  • Versatile across multiple industries: pharmaceuticals, epoxy resins, agriculture, flame retardants, water treatment.
  • Established global supply chain with strong production capabilities.
  • High nitrogen content makes it valuable for slow-release fertilizers and flame-retardant formulations.
  • Offers cost-effective curing performance for epoxy systems.

Weaknesses

  • Sensitive to feedstock price fluctuations and high energy usage during production.
  • Requires advanced production processes for high-purity pharma and electronic grades.
  • Limited market awareness in regions where alternatives are well established.
  • Environmental concerns may limit its agricultural and chemical uses.

Opportunities

  • Rising demand for high-purity grades in semiconductors and pharmaceutical intermediates.
  • Increasing agricultural adoption of nitrification inhibitors to improve soil efficiency.
  • Growth in melamine-based flame retardants for electronics, construction, and automotive industries.
  • Potential for new formulations and technological upgrades in resin and adhesive applications.

Threats

  • Emerging alternative curing and flame-retardant technologies.
  • Stricter regulatory frameworks affecting chemical production and usage.
  • Market vulnerability due to concentrated production zones.
  • Competitive pressure from low-cost regional manufacturers.

Competitive Landscape Matrix — Dicyandiamide (DCD) Market

Axes:

  • X-axis: Market Presence & Global Reach (Low → High)
  • Y-axis: Product Portfolio Depth & Technical Capability (Low → High)

1. Leaders (High Presence, High Capability)

Companies with extensive global distribution, strong control over quality, and ability to supply industrial, pharmaceutical, and high-purity electronic grades.

Examples:

  • Large, established global producers with vertically integrated operations.
  • Companies offering a full spectrum of DCD grades and serving diverse industries (electronics, pharma, agriculture, resins).

2. Challengers (High Presence, Moderate Capability)

Regional leaders with significant production volumes, primarily focused on industrial-grade DCD with growing investment toward high-purity production.

Characteristics:

  • Strong domestic markets and export capabilities.
  • Improving product consistency but not yet fully diversified into high-end applications.

3. Innovators (Moderate Presence, High Specialty Focus)

Specialty chemical manufacturers focusing on pharmaceutical or ultra-high-purity electronic-grade DCD.

Characteristics:

  • Strong quality assurance and advanced production technologies.
  • Niche focus with higher pricing and lower production volumes.

4. Emerging / Regional Players (Low Presence, Moderate/Low Capability)

Smaller producers or localized manufacturers supplying cost-effective DCD for fertilizers, dyes, rubber, and general adhesive industries.

Characteristics:

  • Compete on price and logistics.
  • Limited technological capability for producing ultra-high purity grades.
  • Growth potential through partnerships or capacity expansion.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2020 to 2024 and forecast data from 2025 to 2035.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global  market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

Chapter 1 Industry Overview
1.1 Definition
1.2 Brief Introduction by Major Grade type
1.2.1 Electronic Grade
1.2.2 Industrial Grade
1.2.3 Pharmaceutical Grade
1.2.4 Others
1.2.5
1.2.6
1.2.7
1.2.8
1.2.9
1.3 Brief Introduction by Major Application
1.3.1 Pharmaceuticals
1.3.2 Epoxy Laminates
1.3.3 Slow-release Fertilizers
1.3.4 Flame Retardants
1.3.5 Dye Fixing
1.3.6Water Treatment
1.3.7Others (gun powder, air bags, paper sizing, etc.)
1.3.8
1.3.9
1.4 Brief Introduction by Major Regions
1.4.1 United States
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 India
1.5 Brief Introduction by Major
1.5.1
1.5.2
1.5.3
1.5.4
1.5.5
1.5.6
1.5.7
1.5.8
1.5.9
1.6 Brief Introduction by Major
1.6.1
1.6.2
1.6.3
1.6.4
1.6.5
1.6.6
1.6.7
1.6.8
1.6.9
1.7 Brief Introduction by Major
1.7.1
1.7.2
1.7.3
1.7.4
1.7.5
1.7.6
1.7.7
1.7.8
1.7.9
1.8 Brief Introduction by Major
1.8.1
1.8.2
1.8.3
1.8.4
1.8.5
1.8.6
1.8.7
1.8.8
1.8.9
Chapter 2 Production Market Analysis
2.1 Global Production Market Analysis
2.1.1  Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
2.1.2  Major Manufacturers Performance and Market Share
2.2 Regional Production Market Analysis
2.2.1  Regional Market Performance and Market Share
2.2.2 United States Market
2.2.3 Europe Market
2.2.4 China Market
2.2.5 Japan Market
2.2.6 India Market
2.2.7  Market
Chapter 3 Sales Market Analysis
3.1 Global Sales Market Analysis
3.1.1  Global Sales Volume, Sales Price and Sales Revenue Analysis
3.1.2  Major Manufacturers Performance and Market Share
3.2 Regional Sales Market Analysis
3.2.1  Regional Market Performance and Market Share
3.2.2 United States Market
3.2.3 Europe Market
3.2.4 China Market
3.2.5 Japan Market
3.2.6 India Market
3.2.7  Market
Chapter 4 Consumption Market Analysis
4.1 Global Consumption Market Analysis
4.1.1  Global Consumption Volume Analysis
4.2 Regional Consumption Market Analysis
4.2.1  Regional Market Performance and Market Share
4.2.2 United States Market
4.2.3 Europe Market
4.2.4 China Market
4.2.5 Japan Market
4.2.6 India Market
4.2.7  Market
Chapter 5 Production, Sales and Consumption Market Comparison Analysis
5.1 Global Production, Sales and Consumption Market Comparison Analysis
5.2 Regional Production, Sales Volume and Consumption Volume Market Comparison Analysis
5.2.1 United States
5.2.2 Europe
5.2.3 China
5.2.4 Japan
5.2.5 India
5.2.6
Chapter 6 Major Manufacturers Production and Sales Market Comparison Analysis
6.1 Global Major Manufacturers Production and Sales Market Comparison Analysis
6.1.1  Global Major Manufacturers Production and Sales Market Comparison
6.2 Regional Major Manufacturers Production and Sales Market Comparison Analysis
6.2.1 United States
6.2.2 Europe
6.2.3 China
6.2.4 Japan
6.2.5 India
6.2.6
Chapter 7 Major Grade type Analysis
7.1  Major Grade type Market Share
7.2 Electronic Grade
7.3 Industrial Grade
7.4 Pharmaceutical Grade
7.5 Others
7.6
7.7
7.8
7.9
7.10
Chapter 8 Major ApplicationAnalysis
8.1  Major Application Market Share
8.2 Pharmaceuticals
8.2.1  Sales Analysis
8.3 Epoxy Laminates
8.3.1  Sales Analysis
8.4 Slow-release Fertilizers
8.4.1  Sales Analysis
8.5 Flame Retardants
8.5.1  Sales Analysis
8.6 Dye Fixing
8.6.1  Sales Analysis
8.7Water Treatment
8.7.1  Sales Analysis
8.8Others (gun powder, air bags, paper sizing, etc.)
8.8.1  Sales Analysis
8.9
8.9.1  Sales Analysis
8.10
8.11.1  Sales Analysis
Chapter 9 Industry Chain Analysis
9.1 Up Stream Industries Analysis
9.1.1 Raw Material and Suppliers
9.1.2 Equipment and Suppliers
9.2 Manufacturing Analysis
9.2.1 Manufacturing Process
9.2.2 Manufacturing Cost Structure
9.2.3 Manufacturing Plants Distribution Analysis
9.3 Industry Chain Structure Analysis
Chapter 10 Global and Regional Market Forecast
10.1 Production Market Forecast
10.1.1 Global Market Forecast
10.1.2 Major Region Forecast
10.2 Sales Market Forecast
10.2.1 Global Market Forecast
10.2.2 Major Classification Forecast
10.3 Consumption Market Forecast
10.3.1 Global Market Forecast
10.3.2 Major Region Forecast
10.3.3 Major Application Forecast
Chapter 11 Major Manufacturers Analysis
11.1 Ningxia Darong Industry Group Co., Ltd.
11.1.1 Company Introduction
11.1.2 Product Specification and Major Types Analysis
11.1.3  Production Market Performance
11.1.4  Sales Market Performance
11.1.5 Contact Information
11.2 Ningxia Jiafeng Chemicals Co., Ltd.
11.2.1 Company Introduction
11.2.2 Product Specification and Major Types Analysis
11.2.3  Production Market Performance
11.2.4  Sales Market Performance
11.2.5 Contact Information
11.3 Ningxia Yinglite Chemical Co., Ltd.
11.3.1 Company Introduction
11.3.2 Product Specification and Major Types Analysis
11.3.3  Production Market Performance
11.3.4  Sales Market Performance
11.3.5 Contact Information
11.4 AlzChem Group AG
11.4.1 Company Introduction
11.4.2 Product Specification and Major Types Analysis
11.4.3  Production Market Performance
11.4.4  Sales Market Performance
11.4.5 Contact Information
11.5 Shizuishan Pengsheng Chemical Co., Ltd
11.5.1 Company Introduction
11.5.2 Product Specification and Major Types Analysis
11.5.3  Production Market Performance
11.5.4  Sales Market Performance
11.5.5 Contact Information
11.6 Ningxia Blue-White-Black Activated Carbon Co. Ltd.
11.6.1 Company Introduction
11.6.2 Product Specification and Major Types Analysis
11.6.3  Production Market Performance
11.6.4  Sales Market Performance
11.6.5 Contact Information
11.7 Ningxia Sunnyfield Chemical Co. Ltd.
11.7.1 Company Introduction
11.7.2 Product Specification and Major Types Analysis
11.7.3  Production Market Performance
11.7.4  Sales Market Performance
11.7.5 Contact Information
11.8
11.8.1 Company Introduction
11.8.2 Product Specification and Major Types Analysis
11.8.3  Production Market Performance
11.8.4  Sales Market Performance
11.8.5 Contact Information
11.9
11.9.1 Company Introduction
11.9.2 Product Specification and Major Types Analysis
11.9.3  Production Market Performance
11.9.4  Sales Market Performance
11.9.5 Contact Information
11.10
11.10.1 Company Introduction
11.10.2 Product Specification and Major Types Analysis
11.10.3  Production Market Performance
11.10.4  Sales Market Performance
11.10.5 Contact Information
11.11
11.11.1 Company Introduction
11.11.2 Product Specification and Major Types Analysis
11.11.3  Production Market Performance
11.11.4  Sales Market Performance
11.11.5 Contact Information
11.12
11.12.1 Company Introduction
11.12.2 Product Specification and Major Types Analysis
11.12.3  Production Market Performance
11.12.4  Sales Market Performance
11.12.5 Contact Information
11.13
11.13.1 Company Introduction
11.13.2 Product Specification and Major Types Analysis
11.13.3  Production Market Performance
11.13.4  Sales Market Performance
11.13.5 Contact Information
11.14
11.14.1 Company Introduction
11.14.2 Product Specification and Major Types Analysis
11.14.3  Production Market Performance
11.14.4  Sales Market Performance
11.14.5 Contact Information
11.15
11.15.1 Company Introduction
11.15.2 Product Specification and Major Types Analysis
11.15.3  Production Market Performance
11.15.4  Sales Market Performance
11.15.5 Contact Information
11.16
11.16.1 Company Introduction
11.16.2 Product Specification and Major Types Analysis
11.16.3  Production Market Performance
11.16.4  Sales Market Performance
11.16.5 Contact Information
11.17
11.17.1 Company Introduction
11.17.2 Product Specification and Major Types Analysis
11.17.3  Production Market Performance
11.17.4  Sales Market Performance
11.17.5 Contact Information
11.18
11.18.1 Company Introduction
11.18.2 Product Specification and Major Types Analysis
11.18.3  Production Market Performance
11.18.4  Sales Market Performance
11.18.5 Contact Information
11.19
11.19.1 Company Introduction
11.19.2 Product Specification and Major Types Analysis
11.19.3  Production Market Performance
11.19.4  Sales Market Performance
11.19.5 Contact Information
11.20
11.20.1 Company Introduction
11.20.2 Product Specification and Major Types Analysis
11.20.3  Production Market Performance
11.20.4  Sales Market Performance
11.20.5 Contact Information
11.21

11.21.1 Company Introduction
11.21.2 Product Specification and Major Types Analysis
11.21.3  Production Market Performance
11.21.4  Sales Market Performance
11.21.5 Contact Information
11.22

11.22.1 Company Introduction
11.22.2 Product Specification and Major Types Analysis
11.22.3  Production Market Performance
11.22.4  Sales Market Performance
11.22.5 Contact Information
11.23

11.23.1 Company Introduction
11.23.2 Product Specification and Major Types Analysis
11.23.3  Production Market Performance
11.23.4  Sales Market Performance
11.23.5 Contact Information
11.24

11.24.1 Company Introduction
11.24.2 Product Specification and Major Types Analysis
11.24.3  Production Market Performance
11.24.4  Sales Market Performance
11.24.5 Contact Information
11.25

11.25.1 Company Introduction
11.25.2 Product Specification and Major Types Analysis
11.25.3  Production Market Performance
11.25.4  Sales Market Performance
11.25.5 Contact Information
11.26

11.26.1 Company Introduction
11.26.2 Product Specification and Major Types Analysis
11.26.3  Production Market Performance
11.26.4  Sales Market Performance
11.26.5 Contact Information
11.27

11.27.1 Company Introduction
11.27.2 Product Specification and Major Types Analysis
11.27.3  Production Market Performance
11.27.4  Sales Market Performance
11.27.5 Contact Information
11.28

11.28.1 Company Introduction
11.28.2 Product Specification and Major Types Analysis
11.28.3  Production Market Performance
11.28.4  Sales Market Performance
11.28.5 Contact Information
11.29

11.29.1 Company Introduction
11.29.2 Product Specification and Major Types Analysis
11.29.3  Production Market Performance
11.29.4  Sales Market Performance
11.29.5 Contact Information
11.30

11.30.1 Company Introduction
11.30.2 Product Specification and Major Types Analysis
11.30.3  Production Market Performance
11.30.4  Sales Market Performance
11.30.5 Contact Information
11.31

11.31.1 Company Introduction
11.31.2 Product Specification and Major Types Analysis
11.31.3  Production Market Performance
11.31.4  Sales Market Performance
11.31.5 Contact Information
11.32

11.32.1 Company Introduction
11.32.2 Product Specification and Major Types Analysis
11.32.3  Production Market Performance
11.32.4  Sales Market Performance
11.32.5 Contact Information
11.33

11.33.1 Company Introduction
11.33.2 Product Specification and Major Types Analysis
11.33.3  Production Market Performance
11.33.4  Sales Market Performance
11.33.5 Contact Information
11.34

11.34.1 Company Introduction
11.34.2 Product Specification and Major Types Analysis
11.34.3  Production Market Performance
11.34.4  Sales Market Performance
11.34.5 Contact Information
11.35

11.35.1 Company Introduction
11.35.2 Product Specification and Major Types Analysis
11.35.3  Production Market Performance
11.35.4  Sales Market Performance
11.35.5 Contact Information
11.36

11.36.1 Company Introduction
11.36.2 Product Specification and Major Types Analysis
11.36.3  Production Market Performance
11.36.4  Sales Market Performance
11.36.5 Contact Information
11.37

11.37.1 Company Introduction
11.37.2 Product Specification and Major Types Analysis
11.37.3  Production Market Performance
11.37.4  Sales Market Performance
11.37.5 Contact Information
11.38

11.38.1 Company Introduction
11.38.2 Product Specification and Major Types Analysis
11.38.3  Production Market Performance
11.38.4  Sales Market Performance
11.38.5 Contact Information
11.39

11.39.1 Company Introduction
11.39.2 Product Specification and Major Types Analysis
11.39.3  Production Market Performance
11.39.4  Sales Market Performance
11.39.5 Contact Information
11.40

11.40.1 Company Introduction
11.40.2 Product Specification and Major Types Analysis
11.40.3  Production Market Performance
11.40.4  Sales Market Performance
11.40.5 Contact Information
Chapter 12 New Project Investment Feasibility Analysis
12.1 New Project SWOT Analysis
12.2 New Project Investment Feasibility Analysis
Chapter 13 Conclusions
Chapter 14 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
Interview List
Global Disclaimer

Market Segmentation: Dicyandiamide (DCD) Market

Dicyandiamide is a versatile chemical used in pharmaceuticals, dye production, epoxy curing, electronics, flame retardants, fertilizers, and water treatment.

1. By Grade

Electronic Grade (Ultra-High Purity)

  • Used in curing agents for epoxy resins
  • Essential in printed circuit board (PCB) laminates and electronic components
  • Demand driven by semiconductor and electronics industry growth

Pharmaceutical Grade

  • Used in pharmaceutical intermediates
  • Ingredient in metformin and other drug formulations

Industrial Grade

  • Used across adhesives, water treatment, flame retardants, and fertilizers
  • Widely demanded due to cost-effectiveness and mass applications

2. By Application

Epoxy Resin Curing Agents (Largest Segment)

  • Widely used in electrical laminates, adhesives, coatings, and composites

Pharmaceuticals

  • Key raw material in the production of metformin
  • Demand driven by the global prevalence of diabetes and chronic diseases

Flame Retardants

  • Used in melamine-based and nitrogen-rich flame-retardant formulations
  • Significant use in plastics and textiles

Fertilizers (Slow-Release Type)

  • Enhances nitrogen efficiency in soil
  • Used in agriculture for controlled nutrient release

Water Treatment

  • Used in the production of resins for pollutant removal

Dye & Pigment Intermediates

  • Used as a chemical intermediate in producing specialty dyes

Others

  • Rubber chemicals
  • Paper chemicals
  • Synthetic resins

3. By End-Use Industry

Electronics & Electrical

  • Printed circuit boards (PCBs)
  • Semiconductor encapsulation

Pharmaceutical & Healthcare

  • Drug manufacturing companies
  • API producers

Chemicals

  • Adhesive manufacturers
  • Resin producers
  • Flame retardant makers

Agriculture

  • Fertilizer blenders and agro-chemical manufacturers

Textile & Dye Industry

  • Dye intermediates

Water Treatment

  • Industrial water purification systems

Regional Analysis: Dicyandiamide Market

1. Asia-Pacific (Largest & Fastest Growing)

Key Drivers:

  • Major production hub for DCD (China, India)
  • High demand from electronics, pharmaceuticals, and fertilizers
  • Strong growth in epoxy resin and PCB manufacturing

Characteristics:

  • Competitive manufacturing costs
  • High-volume exporters of industrial and electronic-grade DCD

2. North America

Key Drivers:

  • Strong demand for pharmaceutical-grade DCD (particularly for metformin)
  • Growth in epoxy resin applications in aerospace, electronics, and construction

Characteristics:

  • Stringent quality standards
  • Growing demand for flame retardants in consumer goods and electronics

3. Europe

Key Drivers:

  • Growing regulatory shift toward halogen-free flame retardants
  • Increasing use of DCD in electronics, industrial coatings, and specialty adhesives

Characteristics:

  • Demand led by pharmaceutical and electronics sectors
  • Adoption of high-purity grades for advanced applications

4. Latin America

Key Drivers:

  • Agriculture sector expanding demand for slow-release fertilizers
  • Growing use in water treatment and industrial applications

Characteristics:

  • Increasing import demand for industrial-grade DCD
  • Moderate adoption in adhesives and dyes

5. Middle East & Africa

Key Drivers:

  • Increasing use in water treatment chemicals
  • Rising construction activities driving adhesive and resin demand

Characteristics:

  • Growth led by GCC and South Africa
  • Preference for cost-effective industrial-grade DCD

Key Players in the Dicyandiamide Market

Global & Leading Manufacturers

  • AlzChem Group
  • Ningxia Darong Industry
  • Ningxia Blue-White Chemical
  • HeBei ChengXin
  • Shandong Shuntian Chemical
  • Zhonglan Industry
  • Ningxia Jiafeng Chemicals
  • Dalian Richon Chem

Specialty & Regional Players

  • Anhui Jinhe Industrial
  • Nippon Carbide Industries
  • Alchimica
  • Changzhou City Hongyang Chemical

These manufacturers produce DCD across industrial, pharmaceutical, and high-purity electronic grades for global and regional applications.

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