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Nitric Acid Market...

Nitric Acid Market Study 2018-2034

Report Type: Market Reports
   Category: Inorganic Chemicals
Last Updated: 2023-07-17
Report Details
  • GMB - 834917
  • 180
  • Report License Type :
  • 4500 (USD)
  • 5500(USD)
  • 6500 (USD)

Scope of Report 

The Nitric Acid report describes the global Nitric Acid market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications and End-Use Industry
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Nitric Acid Market data in terms of volume and value for each end-use 
   at regional and country level
•  Nitric Acid Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What are the key applications of nitric acid?
Some of the major applications of nitric acid are ammonium Nitrate, adipic Acid, toluene Di-isocyanate, Nitrobenzene and many others.
How big is the nitric acid market?
The global nitric acid market size was estimated to be around 68,930 kilo tons in 2024, with most of the demand mainly from the fertilizer industry to manufacture ammonium nitrate. The demand is poised to grow at a CAGR of 2.5% to reach 88,240 kilo tons by 2034.
What drives the growth of the nitric acid market?
The rising demand for nitrogen based fertilizers and growing chemical manufacturing activities is driving the growth of the global nitric acid market.
What are the key applications of nitric acid?
Some of the major applications of nitric acid are ammonium Nitrate, adipic Acid, toluene Di-isocyanate, Nitrobenzene and many others.
Who are some leading manufacturers of nitric acid?
Iowa Fertilizers & Co., Yara, Orica, Petrobras FAFEN-BA, Enaex S.A., Ferrostaal Group, Abu Qir Fertilizer Co., Egyptian Chemical Industries-KIMA, El Nasr Fertilizers and Chemicals Co. (SEMADCO), Sasol, Omnia, CF Industries, DuPont, BASF, BP Koln GmbH (INEOS), Borealis Group, Fertiberia, S.A, EuroChem, Deepak Fertilizers and Petrochemicals Corporation Ltd., Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Rashtriya Chemicals and Fertilizers Ltd (RCF), Hebei Jiheng Sairui Chemical Co., Ltd, Sinochem Holdings, PetroChina Jilin Petrochemical Co., Ltd., Sumitomo Chemical, TKG HUCHEMS are some of the major manufacturers operating in the global nitric acid market.
What drives the growth of the nitric acid market?
The rising demand for nitrogen based fertilizers and growing chemical manufacturing activities is driving the growth of the global nitric acid market.
Which region has the highest demand for nitric acid?
Asia-Pacific region has the highest demand for nitric acid. Countries in this region like China and India lead the market due to rapid industrialization and growing population.