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Concentrated Nitric Acid Market by Type (Strong, Fuming), Application (Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate), End-use Industry (Agrochemicals, Explosives, Automotive, Electronics), and Region - Global Forecast to 2022<br>
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Concentrated Nitric Acid Market by Type, Application, End-use Industry, and Region - Global Forecast to 2022 Speak To Analyst
The report "Concentrated Nitric Acid Market by Type (Strong, Fuming), Application (Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate), End-use Industry (Agrochemicals, Explosives, Automotive, Electronics), and Region - Global Forecast to 2022", The concentrated nitric acid market was valued at USD 21.11 Billion in 2016 and is projected to reach USD 25.24 Billion by 2022, at a CAGR of 3.1% during the forecast period. Concentrated nitric acid is mainly used in the production of nitrogen fertilizers, explosives pesticides, polyurethane foams, synthetic rubbers, and elastomers. Concentrated nitric acid also acts as an oxidizer in rocket propellants and dye intermediate. The growing demand for polyurethane foams in automotive, building & construction, and furniture industries is projected to boost the demand for concentrated nitric acid in the coming years.
Key Target Audience: • Manufacturers, Dealers, and Suppliers of Concentrated Nitric Acid • Concentrated nitric acid Manufacturing Plant Developers and Related Service Providers • Companies Manufacturing Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate • Investors REQUEST BUNDLE REPORTS
Scope of the Report: This research report categorizes the concentrated nitric acid market on the basis of type, application, end-use industry, and region. • Concentrated Nitric Acid Market, by Type: • Strong Nitric Acid • Fuming Nitric Acid
The growing economies of Asia Pacific countries are estimated to boost the demand for concentrated nitric acid and its applications in fertilizers, explosives, automotive, building & construction, and textile industries. DownloadPDF Brochure
Some of the major players operating in the market of concentrated nitric acid include Agrium Inc.(Canada), CF Industries (US), Deepak Fertilisers and Petrochemicals Corp. Ltd. (India), Hanwha Corporation (South Korea), Koch Fertilizers LLC (US), LSB Industries Inc. (U.S.), National Chemical Group (Russia), OCI N.V. (Netherlands), Shandong Fengyuan Chemical Stock Co. Ltd. (China), Ube Industries (Japan), and Yara International (Norway).
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