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The global nitric acid market size was valued at USD 18,956.4 million in 2018.
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Adroit Market Research Global Nitric Acid Market 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 Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Nitric Acid Market Size And Forecast, 2015 Global Nitric Acid Market Size And Forecast, 2015- -2025 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. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Global Nitric Acid Market Size And Forecast, 2015 Global Nitric Acid Market Size And Forecast, 2015- -2025 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, PakarabFertilizers Limited, and Sasol Limited, among others. Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/nitric-acid-market +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Segment Overview of Global Nitric Segment Overview of Global Nitric Acid Market 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 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research Segment Overview of Global Nitric Segment Overview of Global Nitric Acid Market 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@ https://www.adroitmarketresearch.com/researchreport/purchase/57 +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
Adroit Market Research About Us 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 market’s 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 & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and manymore. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com
