Nitric Acid Market 2020-2025 Growth Analysis, Key Solutions, Services, Regional Demand and Top Players Overview - PowerPoint PPT Presentation

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Nitric Acid Market 2020-2025 Growth Analysis, Key Solutions, Services, Regional Demand and Top Players Overview

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The global nitric acid market size was valued at USD 18,956.4 million in 2018. – PowerPoint PPT presentation

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Title: Nitric Acid Market 2020-2025 Growth Analysis, Key Solutions, Services, Regional Demand and Top Players Overview


1
Global Nitric Acid Market
  • Size 2018 by Type (Weak, Concentrated), By
    End-Users (Fertilizers, Explosives, Chemical
    Intermediates and Others) By Application
    (Ammonium Nitrate, Adipic Acid, Toluene
    di-isocyanate, Nitrobenzene and Others) By Region
    and Forecast 2019 to 2025

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2
Global Nitric Acid Market Size And Forecast,
2015-2025
  • The global nitric acid market size was valued at
    USD 23,313.7 million in 2025. The global Nitric
    acid market is growing, due to the explosives
    industry shares significant demand of the product
    in the mining of coal and metals. Manufacturing
    of explosives utilizing the ammonium nitrate
    involves the significant requirement of the
    nitric acid as a precursor. The major use of
    nitric acid is in preparation of fertilizers and
    other uses consists of production of nitrate
    salts, coal tar products, drugs, and making dyes.
    Nitric acid is the building block chemical for
    the manufacturing of many other chemical
    compounds and it is used in production of several
    types of polymers like polyamides and
    polyurethane.
  • Nitric acid are used for the purification of
    precious metals like gold, silver, and platinum.
    Around 85 of total nitric acid is consumed in
    dilute form i.e. weak nitric acid. Ammonium
    nitrate is one of the most demanding applications
    of the nitric acid and the product accounts for
    around three-fourth of total global consumption
    of the nitric acid.
  • The segmentation of nitric acid is done on the
    basis of types, applications, end-users and
    regional. Weak nitric acid is projecting the
    market ahead owing to the consumption in large
    amount for chemical manufacturing such as
    ammonium nitrate and adipic acid. Ammonium
    nitrate account for around three-fourth of total
    global consumption of the nitric acid and
    nitrobenzene is the fastest growing on the basis
    of application because it is used in the
    production of lubricating oils, drugs, synthetic
    rubber, and dyes etc. Fertilizers in agricultural
    sector are driving the nitric acid market owing
    to the rising population, contributing in the
    growth of fertilizers globally. Europe region is
    leading the nitric acid market on the basis of
    region due to the good number of textile
    industries which consumes the nitric acid for the
    production of adipic acid and caprolactam.

3
Global Nitric Acid Market Size And Forecast,
2015-2025
  • Major companies profiled in the global Nitric
    acid market report are Yara International ASA, CF
    Industries Holdings, Inc., BASF SE, Orica
    Limited, LSB Industries, Agrium Inc., Potash
    Corporation of Saskatchewan Inc., Omnia Holdings
    Limited, Sinopec Corporation, OCI Nitrogen,
    Nitrogénmüvek Zrt, Dyno Nobel, Deepak Fertilizer
    and Petrochemicals Corporation Limited, Pakarab
    Fertilizers Limited, and Sasol Limited, among
    others.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/nitric-acid-market

4
Segment Overview of Global Nitric Acid Market
  • By Type, 2015 2025 (Kilotons, USD Million)
  • Weak nitric acid
  • Concentrated nitric acid
  • By Application, 2015 2025 (Million tons, USD
    Million)
  • Ammonium Nitrate
  • Adipic Acid
  • Toluene di-isocyanate (TDI)
  • Nitrobenzene
  • Others
  • By End-Users, 2015 2025 (Million tons, USD
    Million)
  • Fertilizers
  • Explosives
  • Chemical Intermediates
  • Others

5
Segment Overview of Global Nitric Acid Market
  • Regional Overview, 2015-2025 (USD Million)
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East Africa
  • Purchase a single user copy of the global Nitric
    Acid Market report_at_ https//www.adroitmarketresear
    ch.com/researchreport/purchase/57

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
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