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The nitric acid market is forecasted to grow by 6.66 mn t during 2022-2027, accelerating at a CAGR of 1.98% during the forecast period. The report on the nitric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in automotive industry, increasing use of polyurethane foam, and high demand for tnt explosive.
The nitric acid market is segmented as below:
By Application
- Fertilizers
- Others
By Grade Type
- Commercial
- Noncommercial
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the nitric acid market covers the following areas:
- Nitric acid market sizing
- Nitric acid market forecast
- Nitric acid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Grade Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global nitric acid market: ANPI, BASF SE, CF Industries Holdings Inc., Dyno Nobel, ENAEX S.A., Hanwha Solutions Corp., IXOM Ltd., J.R. Simplot Co., Koch Industries Inc., LSB Industries Inc, Nutrien Ltd., OCI N.V., Qingdao Hisea Chem Co. Ltd., Rashtriya Chemicals and Fertilizers Ltd., Sasol Ltd., Shandong Fengyuan Chemical Co. Ltd., Sumitomo Chemical Co. Ltd., thyssenkrupp AG, Ube Corp., and Yara International ASA.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is economic growth in APAC.'
According to the report, one of the major drivers for this market is the growth in automotive industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ANPI
- BASF SE
- CF Industries Holdings Inc.
- Dyno Nobel
- ENAEX S.A.
- Hanwha Solutions Corp.
- IXOM Ltd.
- J.R. Simplot Co.
- Koch Industries Inc.
- LSB Industries Inc
- Nutrien Ltd.
- OCI N.V.
- Qingdao Hisea Chem Co. Ltd.
- Rashtriya Chemicals and Fertilizers Ltd.
- Sasol Ltd.
- Shandong Fengyuan Chemical Co. Ltd.
- Sumitomo Chemical Co. Ltd.
- thyssenkrupp AG
- Ube Corp.
- Yara International ASA
