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Dicyandiamide market Size, Share, Growth, Trends, Region-Forecasts, 2020-2026

Author : Ravi Chawat | Published Date : 2020-08-27 

Over the past few years, emerging economies in particular have witnessed an epidemic rise in the number of people suffering from diabetes, particularly type-2 diabetes. Urbanization, aging, and associated lifestyle changes are some of the major factors for the rapid increase in these countries. It is estimated that more than 60% of the diabetics live in Asia Pacific countries, with nearly half in India and China combined. dicyandiamide market to carve out a profitable growth path over 2020-2026.

Dicyandiamide is commercially available in pharmaceutical grade, industrial grade, and electronic grade. A significant rise in the number of diabetic patients across the globe has resulted in a major demand for anti-diabetic medicines. Growing utilization in API synthesis is likely to fuel global dicyandiamide market size in the upcoming years.

Get sample copy of the dicyandiamide market research report @ https://www.decresearch.com/request-sample/detail/4061

Ongoing efforts to accelerate domestic drug production in India

India’s drug manufacturing generic pharmaceutical industry is highly dependent on chemical synthesis and continuous process routes to production. Indian R&D organization CSIR-NCL has been focusing on enabling the dicyandiamide market to accelerate domestic production through innovative and economical processes under government policies for distributed pharmaceutical hubs across the country.

The availability of numerous alternatives in the dicyandiamide market may limit the consumption of dicyandiamide up to some extent. However, a growing occurrence of diabetes, especially in developing countries and favorable government policies to boost local pharmaceutical and API production will positively impact dicyandiamide consumption trends.

AlzChem AG, Benco Chemical LTD LLC, Ningxia Blue-White-Black Activated Carbon Co., Ltd., Shizuishan Pengsheng Chemical Co., ltd., Ningxia Darong Industry Group Co., Ltd., Ningxia Sunnyfield Chemical Co., Ltd., and Jiafeng Chemicals USA Co., Ltd. are some of the leading producers of dicyandiamide market.

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About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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