Nitric Acid Market Size, Competitors & Forecast to 2032

The nitric acid market is navigating a period of change shaped by stricter regulations, rising end-user expectations, and rapidly evolving global supply networks. For senior decision-makers, staying agile and proactive is essential to manage shifting strategic priorities and foster growth in this vital sector.

Market Snapshot: Nitric Acid Market Size and Growth

The nitric acid market is projected to grow from USD 34.98 billion in 2025 to USD 38.26 billion in 2026, advancing at a compound annual growth rate of 9.75%, and reaching USD 67.13 billion by 2032. Expansion in this market is being driven by improved production efficiency, the impact of environmental legislation, and increasing emphasis on robust and specialized supply chains. These market trends are leading key industry participants to optimize operational models and seek new value streams across major global regions.

Scope & Segmentation

Purity Grades: Commercial, technical, and high-purity grades address a diverse array of industrial and specialty chemical needs, driving tailored supply approaches for various user industries.
Forms: Concentrated and dilute nitric acid each require distinct handling protocols, influencing decisions for logistics, storage, and downstream integration.
Packaging Types: Bulk delivery, drums, and iso tanks provide adaptable options for both high-volume consumers and industries with specialized demand profiles.
Applications: Fertilizer production, explosives manufacturing, metal surface treatment, and chemical synthesis each have unique procurement, compliance, and operational implications.
Distribution Channels: Direct sales deliver in-depth technical support, while distributor networks expand market accessibility and enhance service responsiveness.
Regions: Americas, Europe-Middle East-Africa, and Asia-Pacific offer contrasting regulatory landscapes, supply dynamics, and growth opportunities, each requiring bespoke strategies.
Production Technologies: Catalytic oxidation processes, improved energy recovery systems, and green ammonia integration are shaping the cost structure, sustainability, and adaptability of nitric acid plants to new policy directions.

Key Takeaways for Senior Decision-Makers

Production and distribution models are evolving to address variable feedstock availability, energy cost pressures, and rising compliance requirements in major geographic markets.
Decarbonization needs are stimulating deployment of emissions mitigation technologies, use of alternative feedstocks, and enhancement of product traceability measures across operations.
Geopolitical change and trade policy shifts are prompting companies to diversify supplier bases, refine inventory management, and fortify risk assessment processes regionally.
Demand changes from core sectors such as agriculture and specialty chemicals require ongoing product adaptation, improved documentation, and real-time response to regulatory updates.
Deeper industry partnerships, vertical integration, and investment in technical advancement enable alignment with evolving buyer expectations and access to higher-value segments.

Tariff Impact: Changes in US Trade Policy

Adjustments to United States tariff regulations have influenced strategic sourcing decisions, leading buyers to review supply origins, accelerate local supply chain investment, and prioritize greater procurement flexibility. These shifts have altered established trade routes, heightened awareness of compliance challenges, and increased the demand for strong contingency planning and wider supplier networks among distributors and end-users.

Methodology & Data Sources

This analysis draws on comprehensive interviews, facility site visits, technical publications, regulatory filings, proprietary trade datasets, and direct industry practitioner input. Each insight is validated through multi-source checks and external expert review, ensuring reliability for decision-making by market leaders.

Why This Report Matters

Equips executive teams with in-depth guidance on market evolution, regulatory shifts, and upcoming technology transformations relevant to strategy and operations.
Supports procurement decisions that focus on supply chain resilience, product differentiation, and flexible sourcing as global trade norms continue to evolve.
Enables organizations to benchmark market positioning in line with new sustainability objectives and compliance standards across principal regional markets.

Conclusion

Continued competitiveness in the nitric acid market will depend on refining feedstock strategies, promoting safety, and aligning with emerging market and regulatory expectations. Strategic recalibration today secures future leadership through industry change.

Additional Product Information:

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1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Nitric Acid Market, by Purity

8.1. Commercial Grade
8.2. High Purity
8.3. Technical Grade

9. Nitric Acid Market, by Form

9.1. Concentrated
9.2. Dilute

10. Nitric Acid Market, by Packaging

10.1. Bulk
10.2. Packaged
10.2.1. Drums
10.2.2. Iso Tanks

11. Nitric Acid Market, by Application

11.1. Chemical Synthesis
11.2. Explosives
11.3. Fertilizer Manufacturing
11.4. Metal Treatment

12. Nitric Acid Market, by Distribution Channel

12.1. Direct Sales
12.2. Distributors

13. Nitric Acid Market, by Region

13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Nitric Acid Market, by Group

14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Nitric Acid Market, by Country

15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Nitric Acid Market
17. China Nitric Acid Market

18. Competitive Landscape

18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. BASF SE
18.6. CF Industries Holdings, Inc.
18.7. EuroChem Group AG
18.8. Hanwha Group
18.9. Nutrien Ltd.
18.10. OCI N.V.
18.11. Orica Limited
18.12. Saudi Basic Industries Corporation
18.13. Solvay S.A.
18.14. Sumitomo Chemical Co., Ltd.
18.15. Yara International ASA

List of Figures

FIGURE 1. GLOBAL NITRIC ACID MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL NITRIC ACID MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL NITRIC ACID MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL NITRIC ACID MARKET SIZE, BY PURITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL NITRIC ACID MARKET SIZE, BY FORM, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL NITRIC ACID MARKET SIZE, BY PACKAGING, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL NITRIC ACID MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL NITRIC ACID MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL NITRIC ACID MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL NITRIC ACID MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES NITRIC ACID MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA NITRIC ACID MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL NITRIC ACID MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL NITRIC ACID MARKET SIZE, BY COMMERCIAL GRADE, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL NITRIC ACID MARKET SIZE, BY COMMERCIAL GRADE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL NITRIC ACID MARKET SIZE, BY COMMERCIAL GRADE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL NITRIC ACID MARKET SIZE, BY HIGH PURITY, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL NITRIC ACID MARKET SIZE, BY HIGH PURITY, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL NITRIC ACID MARKET SIZE, BY HIGH PURITY, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL NITRIC ACID MARKET SIZE, BY TECHNICAL GRADE, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL NITRIC ACID MARKET SIZE, BY TECHNICAL GRADE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL NITRIC ACID MARKET SIZE, BY TECHNICAL GRADE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL NITRIC ACID MARKET SIZE, BY CONCENTRATED, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL NITRIC ACID MARKET SIZE, BY CONCENTRATED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL NITRIC ACID MARKET SIZE, BY CONCENTRATED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL NITRIC ACID MARKET SIZE, BY DILUTE, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL NITRIC ACID MARKET SIZE, BY DILUTE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL NITRIC ACID MARKET SIZE, BY DILUTE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL NITRIC ACID MARKET SIZE, BY BULK, BY REGION, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL NITRIC ACID MARKET SIZE, BY BULK, BY GROUP, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL NITRIC ACID MARKET SIZE, BY BULK, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL NITRIC ACID MARKET SIZE, BY PACKAGED, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL NITRIC ACID MARKET SIZE, BY PACKAGED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL NITRIC ACID MARKET SIZE, BY PACKAGED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL NITRIC ACID MARKET SIZE, BY DRUMS, BY REGION, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL NITRIC ACID MARKET SIZE, BY DRUMS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL NITRIC ACID MARKET SIZE, BY DRUMS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL NITRIC ACID MARKET SIZE, BY ISO TANKS, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL NITRIC ACID MARKET SIZE, BY ISO TANKS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL NITRIC ACID MARKET SIZE, BY ISO TANKS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL NITRIC ACID MARKET SIZE, BY CHEMICAL SYNTHESIS, BY REGION, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL NITRIC ACID MARKET SIZE, BY CHEMICAL SYNTHESIS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL NITRIC ACID MARKET SIZE, BY CHEMICAL SYNTHESIS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL NITRIC ACID MARKET SIZE, BY EXPLOSIVES, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL NITRIC ACID MARKET SIZE, BY EXPLOSIVES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL NITRIC ACID MARKET SIZE, BY EXPLOSIVES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL NITRIC ACID MARKET SIZE, BY FERTILIZER MANUFACTURING, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL NITRIC ACID MARKET SIZE, BY FERTILIZER MANUFACTURING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL NITRIC ACID MARKET SIZE, BY FERTILIZER MANUFACTURING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL NITRIC ACID MARKET SIZE, BY METAL TREATMENT, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL NITRIC ACID MARKET SIZE, BY METAL TREATMENT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL NITRIC ACID MARKET SIZE, BY METAL TREATMENT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL NITRIC ACID MARKET SIZE, BY DIRECT SALES, BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL NITRIC ACID MARKET SIZE, BY DIRECT SALES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL NITRIC ACID MARKET SIZE, BY DIRECT SALES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL NITRIC ACID MARKET SIZE, BY DISTRIBUTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL NITRIC ACID MARKET SIZE, BY DISTRIBUTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL NITRIC ACID MARKET SIZE, BY DISTRIBUTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL NITRIC ACID MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. AMERICAS NITRIC ACID MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 55. AMERICAS NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 56. AMERICAS NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 57. AMERICAS NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 58. AMERICAS NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 59. AMERICAS NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 60. AMERICAS NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 61. NORTH AMERICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 62. NORTH AMERICA NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 63. NORTH AMERICA NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 64. NORTH AMERICA NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 65. NORTH AMERICA NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 66. NORTH AMERICA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 67. NORTH AMERICA NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 68. LATIN AMERICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. LATIN AMERICA NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 70. LATIN AMERICA NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 71. LATIN AMERICA NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 72. LATIN AMERICA NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 73. LATIN AMERICA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 74. LATIN AMERICA NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 75. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 76. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 77. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 78. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 79. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 80. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 81. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 82. EUROPE NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 83. EUROPE NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 84. EUROPE NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 85. EUROPE NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 86. EUROPE NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 87. EUROPE NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 88. EUROPE NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 89. MIDDLE EAST NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 90. MIDDLE EAST NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 91. MIDDLE EAST NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 92. MIDDLE EAST NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 93. MIDDLE EAST NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 94. MIDDLE EAST NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 95. MIDDLE EAST NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 96. AFRICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 97. AFRICA NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 98. AFRICA NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 99. AFRICA NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 100. AFRICA NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 101. AFRICA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 102. AFRICA NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 103. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 104. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 105. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 106. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 107. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 108. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 109. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 110. GLOBAL NITRIC ACID MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 111. ASEAN NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 112. ASEAN NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 113. ASEAN NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 114. ASEAN NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 115. ASEAN NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 116. ASEAN NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 117. ASEAN NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 118. GCC NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 119. GCC NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 120. GCC NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 121. GCC NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 122. GCC NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 123. GCC NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 124. GCC NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 125. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 126. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 127. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 128. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 129. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 130. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 131. EUROPEAN UNION NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 132. BRICS NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. BRICS NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 134. BRICS NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 135. BRICS NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 136. BRICS NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 137. BRICS NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 138. BRICS NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 139. G7 NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 140. G7 NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 141. G7 NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 142. G7 NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 143. G7 NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 144. G7 NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 145. G7 NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 146. NATO NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 147. NATO NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 148. NATO NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 149. NATO NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 150. NATO NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 151. NATO NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 152. NATO NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 153. GLOBAL NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 154. UNITED STATES NITRIC ACID MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 155. UNITED STATES NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 156. UNITED STATES NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 157. UNITED STATES NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 158. UNITED STATES NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 159. UNITED STATES NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 160. UNITED STATES NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 161. CHINA NITRIC ACID MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 162. CHINA NITRIC ACID MARKET SIZE, BY PURITY, 2018-2032 (USD MILLION)
TABLE 163. CHINA NITRIC ACID MARKET SIZE, BY FORM, 2018-2032 (USD MILLION)
TABLE 164. CHINA NITRIC ACID MARKET SIZE, BY PACKAGING, 2018-2032 (USD MILLION)
TABLE 165. CHINA NITRIC ACID MARKET SIZE, BY PACKAGED, 2018-2032 (USD MILLION)
TABLE 166. CHINA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 167. CHINA NITRIC ACID MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Nitric Acid market report include:

BASF SE
CF Industries Holdings, Inc.
EuroChem Group AG
Hanwha Group
Nutrien Ltd.
OCI N.V.
Orica Limited
Saudi Basic Industries Corporation
Solvay S.A.
Sumitomo Chemical Co., Ltd.
Yara International ASA

Table Information

Report Attribute	Details
No. of Pages	193
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 38.26 Billion
Forecasted Market Value ( USD ) by 2032	$ 67.13 Billion
Compound Annual Growth Rate	9.7%
Regions Covered	Global
No. of Companies Mentioned	12

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3445EUR$3,939USD£2,973GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3716EUR$4,249USD£3,207GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5037EUR$5,759USD£4,346GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6096EUR$6,969USD£5,259GBP

Nitric Acid Market - Global Forecast 2026-2032

Market Snapshot: Nitric Acid Market Size and Growth

Scope & Segmentation

Key Takeaways for Senior Decision-Makers

Tariff Impact: Changes in US Trade Policy

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Market Snapshot: Nitric Acid Market Size and Growth

Scope & Segmentation

Key Takeaways for Senior Decision-Makers

Tariff Impact: Changes in US Trade Policy

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

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About the Nitric Acid Market