Based on the distribution channel, distributor, direct sale, and others could classify dicyandiamide in the forecast
period. The market may be categorized based on applications like water treatment, pharmaceuticals, dye fixing,
epoxy laminates, flame-retardants, slow-release fertilizers, and others could be explored in the forecast period.
Globally, Asia Pacific accounted for the substantial market share of dicyandiamide and is estimated to lead the
overall market in the years to come. The reason behind the overall market growth could be the developing
pharmaceutical sector in emerging countries and the growing demand from the end-users. In terms of a number
of diabetic patients, the developing countries like India and China are the major consumers of dicyandiamide in
this region.
North America and Europe are also estimated to have a positive influence on future growth. North America is
the second largest region with significant market share. However, Europe is estimated to grow at the highest
CAGR in the forecast period. The key players of dicyandiamide market are Ningxia Jiafeng Chemicals Ltd., Ningxia
Darong Industry Group Co., Ltd., Shizuishan Pengsheng Chemical Co., Ltd., Ningxia Yinglite Chemical Co., Ltd.,
AlzChemGroup AG, and Ningxia Blue-White-Black Activated Carbon Co. Ltd. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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