Dicyandiamide Market Scope, Revenue Analysis and Strategic Outlook till 2022
“Dicyandiamide (DICY) is a water-soluble and strongly alkaline pure white crystalline compound with the scientific name of cyanoguanidine. Its molecular weight is 84.082 g/mol and is odorless.� Global Dicyandiamide Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Dicyandiamide (DICY) is a water-soluble and strongly alkaline pure white crystalline compound with the scientific name of cyanoguanidine. Its molecular weight is 84.082 g/mol and is odorless. The dicyandiamide is the dimer of cyanoguanidine or cyanamide is exclusively used in the production of melamine. It is also used as a curing agent for laminates and epoxy resins. The factors that are playing a major role in the growth of dicyandiamide market are the growing number of diabetes patients, non-hazardous and extremely reactive, and the high demand from the end-users. However, the availability of alternative substitutes may restrain overall market growth in the years to come. Dicyandiamide market is segmented based on grade, distribution channel, application, and region. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/dicyandiamide-market Pharmaceutical, electronic, industrial, and other grades could be explored in dicyandiamide in the forecast period. Pharmaceutical grade sector accounted for the substantial market share of dicyandiamide in terms of value and volume and is estimated to lead the overall market in the years to come. The reason could be the rising demand for anti-diabetic drugs. In addition, the industrial sector is estimated to grow at the fastest pace in the years to come. 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.