Global Dicyandiamide Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In August 2021, Jiafeng Chemical USA Co LTD introduced a new production line for electronic grade Dicyandiamide to be used as a curing agent in epoxy resins.

• In June 2020, Jiafeng Chemical USA Co LTD planned to improve Dicyandiamide production by building a new production line with advanced equipment’s and technology. With the new Dicyandiamide production line, the company has larger capacity for Dicyandiamide, 40,000 Mts per year.

In this comprehensive report, the Global Dicyandiamide Market is segmented by application and geography, offering insights into its diverse uses across industries and regional dynamics. Dicyandiamide finds wide-ranging applications across various sectors including agriculture, pharmaceuticals, chemicals, and electronics.

In agriculture, dicyandiamide is primarily utilized as a nitrogen stabilizer and in the formulation of slow-release fertilizers. These applications help improve fertilizer efficiency, reduce nitrogen leaching into the environment, and enhance crop yields. The chemical industry employs dicyandiamide in the synthesis of organic chemicals such as water treatment agents and dye-fixing agents. Its role in pharmaceuticals includes being a key intermediate for producing active pharmaceutical ingredients (APIs), particularly in medications for diabetes and other therapeutic uses. Additionally, dicyandiamide is utilized in electronics for its role in manufacturing adhesives and as a raw material in semiconductor production.

Geographically, the market is segmented into regions including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America and Europe are prominent regions due to their robust agricultural sectors and extensive chemical manufacturing capabilities. Asia Pacific, driven by countries like China and India, leads in dicyandiamide production and consumption, supported by growing agricultural and industrial activities. Middle East and Africa, along with Latin America, also contribute to the market with increasing adoption in agriculture and pharmaceutical sectors. This segmentation provides a comprehensive view of the global dicyandiamide market, highlighting regional variations in demand, production capacities, and emerging opportunities across different applications.

Global Dicyandiamide Segment Analysis

In this report, the Global Dicyandiamide Market has been segmented by Application, Grade Type and Geography.

Global Dicyandiamide Market, Segmentation by Application

The Global Dicyandiamide Market has been segmented by Application into Pharmaceuticals, Epoxy Laminates, Slow-Release Fertilizers, Flame Retardants, Dye Fixing and Water Treatment.Pharmaceuticals represent a significant application area for dicyandiamide, where it serves as a crucial intermediate in the production of active pharmaceutical ingredients (APIs). Its role in pharmaceuticals extends to medications for conditions like diabetes and other therapeutic uses, highlighting its importance in the healthcare sector.

Another prominent application is in epoxy laminates, where dicyandiamide acts as a curing agent. Epoxy laminates find extensive use in electronics, aerospace, and automotive industries due to their high strength, heat resistance, and electrical insulation properties, thus bolstering demand for dicyandiamide.

In agriculture, dicyandiamide is essential in the formulation of slow-release fertilizers, which help enhance nutrient uptake efficiency and reduce environmental impact by minimizing nitrogen leaching into soil and water systems. This application supports sustainable farming practices and improves crop yields, particularly in regions with intensive agricultural activities.

Dicyandiamide is utilized as a flame retardant in various materials, providing fire protection in textiles, plastics, and coatings. Its role in dye fixing contributes to the textile industry by improving color fastness and reducing environmental pollutants from dyeing processes. Lastly, dicyandiamide plays a vital role in water treatment applications, where it functions as a coagulant and flocculant agent to purify water by removing contaminants.

These diverse applications underscore the critical role of dicyandiamide across multiple industries, driven by its unique chemical properties and ability to enhance performance and sustainability in various products and processes globally.

Global Dicyandiamide Market, Segmentation by Grade Type

The Global Dicyandiamide Market has been segmented by Grade Type into Electronic Grade ,Industrial Grade ,Pharmaceutical Grade ,Others

Industrial grade dicyandiamide, on the other hand, serves broader industrial applications where specific purity requirements are less stringent compared to electronic grade. This grade finds extensive use in the synthesis of organic chemicals, water treatment agents, and as a raw material for various industrial processes requiring moderate purity levels and consistent performance.

Pharmaceutical grade dicyandiamide adheres to stringent regulatory standards for purity and safety, making it suitable for pharmaceutical applications. It is utilized as an intermediate in the production of active pharmaceutical ingredients (APIs) for medications, particularly in formulations for diabetes treatment and other therapeutic uses.

Other grades of dicyandiamide may include customized grades tailored to specific industrial requirements, such as coatings, flame retardants, and dye-fixing agents. These grades are formulated with specific chemical properties, particle sizes, or purity levels to meet diverse application needs across different sectors.

The segmentation by grade type provides insights into the specialized uses and quality standards of dicyandiamide across electronic, industrial, pharmaceutical, and other industrial applications, reflecting its versatility and importance in various manufacturing processes globally.

Global Dicyandiamide Market, Segmentation by Geography

In this report, the Global Dicyandiamide Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Dicyandiamide Market Share (%), by Geographical Region, 2024

North America and Europe represent mature markets for dicyandiamide, driven by established chemical manufacturing sectors and stringent regulatory frameworks. These regions lead in technological advancements and innovation, particularly in pharmaceuticals, electronics, and agriculture, which are key sectors utilizing dicyandiamide for diverse applications such as API production, electronic adhesives, and agricultural fertilizers.

Asia Pacific emerges as a dominant region in the global dicyandiamide market, fueled by rapid industrialization, expanding agricultural activities, and significant investments in infrastructure. Countries like China, India, and Japan are pivotal contributors to the regional market growth, supported by robust manufacturing capabilities and increasing demand across pharmaceutical, electronics, and textile industries.

Middle East and Africa, along with Latin America, are witnessing steady growth in the adoption of dicyandiamide, driven by rising agricultural productivity initiatives and industrial development. These regions offer potential growth opportunities due to increasing investments in industrial sectors and infrastructure projects, contributing to the overall expansion of the global dicyandiamide market.

The segmentation by geography provides a comprehensive outlook on regional variations in market dynamics, regulatory landscapes, and emerging opportunities for stakeholders in the global dicyandiamide market.

This report provides an in depth analysis of various factors that impact the dynamics of Global Dicyandiamide Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers :

• Industrialization and Urbanization

• Growing Demand for Water Treatment Chemicals - The growing demand for water treatment chemicals is significantly boosting the market for dicyandiamide, a compound utilized in various water treatment applications. Dicyandiamide serves as a coagulant and flocculant agent in water treatment processes, facilitating the removal of contaminants and pollutants from water sources. Its effectiveness in improving water quality by reducing organic impurities and enhancing clarity makes it indispensable in municipal water treatment plants, industrial wastewater treatment facilities, and even in smaller-scale applications like swimming pools.

  As global concerns over water scarcity and pollution intensify, the need for efficient water treatment solutions continues to rise. Dicyandiamide's role extends beyond basic purification; it contributes to environmental sustainability by enabling efficient water reuse and minimizing the environmental impact of industrial effluents. Moreover, the compound's chemical properties ensure stable and effective treatment processes, meeting stringent regulatory standards for clean water supply across various regions.

  Incorporating dicyandiamide into water treatment formulations enhances the overall efficiency of treatment systems, enabling industries and municipalities to comply with regulatory requirements while reducing operational costs and environmental footprint. As such, the increasing demand for water treatment chemicals, including dicyandiamide, underscores its pivotal role in addressing global water quality challenges and supporting sustainable water management practices worldwide.

Restraints :

• Stringent Environmental Regulations

• Fluctuations in Raw Material Prices - Fluctuations in raw material prices significantly impact the dynamics of the dicyandiamide market, influencing production costs and market competitiveness. Dicyandiamide is primarily derived from urea, which is a key raw material used in its synthesis. Therefore, fluctuations in urea prices directly affect the cost structure of dicyandiamide production.

  When urea prices rise, the cost of manufacturing dicyandiamide increases, leading to higher production costs for manufacturers. This can potentially squeeze profit margins unless these increased costs can be passed on to consumers through higher product prices. Conversely, during periods of lower urea prices, production costs for dicyandiamide may decrease, improving profitability and potentially allowing for more competitive pricing strategies in the market.

  The volatility in raw material prices impacts supply chain stability and procurement strategies for dicyandiamide manufacturers and end-users alike. Companies may adopt hedging strategies or enter into long-term supply agreements to mitigate the impact of price fluctuations. Additionally, these dynamics can influence investment decisions in capacity expansions or new production facilities, depending on the expected long-term trends in raw material pricing.

Opportunities :

• Development of Novel Dicyandiamide Derivatives

• Expansion into Emerging Markets - Expansion into emerging markets presents a significant growth opportunity for the dicyandiamide market, driven by increasing industrialization, urbanization, and infrastructure development in regions such as Asia Pacific, Latin America, and parts of Africa. These emerging markets offer favorable conditions for expanding dicyandiamide applications across diverse industries including agriculture, pharmaceuticals, electronics, and water treatment.

  In Asia Pacific, particularly in countries like China and India, rapid economic growth is fueling demand for agricultural products and industrial chemicals. Dicyandiamide's role in enhancing agricultural productivity through efficient fertilizer use and its applications in pharmaceuticals and electronics align well with the region's expanding manufacturing base and technological advancements.

  Latin America also presents promising opportunities for dicyandiamide, supported by growing agricultural activities and increasing investments in water treatment infrastructure. Countries like Brazil and Argentina are key markets for agricultural inputs, where dicyandiamide's use in slow-release fertilizers and water treatment chemicals can help address environmental concerns and improve crop yields sustainably.

  Expansion into emerging markets allows dicyandiamide manufacturers to diversify their customer base and reduce dependency on mature markets. It provides avenues for collaboration with local industries, adapting products to meet specific regional requirements, and leveraging growing consumer demand for high-quality agricultural inputs and industrial chemicals.

  The strategic expansion into emerging markets not only supports the growth of the dicyandiamide market but also contributes to sustainable development initiatives by enhancing agricultural efficiency, improving water quality, and meeting the rising demand for essential industrial applications in these dynamic regions.

Key players in Global Dicyandiamide Market include

• Ningxia Blue-White-Black Activated Carbon Co. Ltd
• AlzChemGroup AG
• Ningxia Yinglite Chemical Co. Ltd
• Ningxia Sunnyfield Chemical Co. Ltd
• Shizuishan Pengsheng Chemical Co. Ltd
• Ningxia Jiafeng Chemicals Co

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis