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Surfactants are used in the production of concentrated nitric acid, a highly corrosive and toxic acid used in the production of fertilizers, explosives, and other industrial products. The surfactants act as a stabilizing agent, preventing the acid from decomposing and becoming unstable. The concentrated nitric acid market is driven by the demand for fertilizers and explosives, as well as the need for industrial cleaning and degreasing agents. The market is expected to grow in the coming years due to the increasing demand for nitric acid in various industries.
The market is highly competitive, with several large companies operating in the space. Some of the major players in the concentrated nitric acid market include BASF, AkzoNobel, Solvay, Dow Chemical, and Evonik Industries. Show Less Read more