Fertilizers Segment to Dominate Asia Pacific Calcium Nitrate Market during 2021-2028
According to a new market research study on “Asia Pacific Calcium Nitrate Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Application and Country,” is expected to reach US$ 641.24 million by 2028 from US$ 485.03 million in 2021. The market is estimated to grow at a CAGR of 4.1% from 2021 to 2028. The report provides trends prevailing in the Asia Pacific calcium nitrate market along with the drivers and restraints pertaining to the market growth. Wide range of usage for calcium nitrate and incrementing demand for calcium nitrate from fertilizer manufacturers are the major factors driving the growth of the Asia Pacific calcium nitrate market. However, easy availability of substitutes may hinder the growth of Asia Pacific calcium nitrate market.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of calcium nitrate manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for calcium nitrate during the early months of 2020. Moreover, decline in the overall fertilizers manufacturing activities has led to discontinuation of calcium nitrate manufacturing projects, thereby reducing the demand for calcium nitrate. Similar trend was witnessed in other Asia Pacific countries, i.e. Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Asia Pacific calcium nitrate is segmented into application and country. Based on application, the market is segmented into fertilizers, wastewater treatment chemicals, concrete manufacturing, explosives, and others. In 2020, the fertilizers segment held the largest share in Asia Pacific calcium nitrate market. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific calcium nitrate market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for calcium nitrate.
Nutrien; Yara international ASA; Haifa Group; Sterling Chemicals Company, Uralchem holding PLC; Rural Liquid Fertilisers; Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd. and Van Iperen International are some of the leading companies in the Asia Pacific calcium nitrate market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of calcium nitrate manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for calcium nitrate during the early months of 2020. Moreover, decline in the overall fertilizers manufacturing activities has led to discontinuation of calcium nitrate manufacturing projects, thereby reducing the demand for calcium nitrate. Similar trend was witnessed in other Asia Pacific countries, i.e. Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
The market for Asia Pacific calcium nitrate is segmented into application and country. Based on application, the market is segmented into fertilizers, wastewater treatment chemicals, concrete manufacturing, explosives, and others. In 2020, the fertilizers segment held the largest share in Asia Pacific calcium nitrate market. Furthermore, in this present scenario of COVID 19 pandemic, the Asia Pacific calcium nitrate market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Asia Pacific countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for calcium nitrate.
Nutrien; Yara international ASA; Haifa Group; Sterling Chemicals Company, Uralchem holding PLC; Rural Liquid Fertilisers; Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd. and Van Iperen International are some of the leading companies in the Asia Pacific calcium nitrate market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the Asia Pacific Calcium Nitrate Market as follows:
Asia Pacific Calcium Nitrate Market - By Application
- Fertilizers
- Wastewater Treatment Chemicals
- Concrete Manufacturing
- Explosives
- Others
Asia Pacific Calcium Nitrate Market - By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific calcium nitrate market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific calcium nitrate market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific calcium nitrate market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. Asia Pacific Calcium Nitrate Market Landscape
5. Asia Pacific Calcium Nitrate Market - Key Market Dynamics
6. Calcium Nitrate - Asia Pacific Market Analysis
7. Asia Pacific Calcium Nitrate Market Analysis - By Application
8. Asia Pacific Calcium Nitrate Market - Country Analysis
9. Impact of COVID-19 Pandemic on Asia Pacific Calcium Nitrate Market
10. Company Profiles
11. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nutrien
- Yara international ASA
- Sterling Chemicals Company
- Haifa Group
- Uralchem holding PLC
- Rural Liquid Fertilisers
- Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd.
- Van Iperen International
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 106 |
| Published | July 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 485.03 Million |
| Forecasted Market Value ( USD | $ 641.24 Million |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Asia Pacific |
