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Global Nitric Acid Market Information by Application (Fertilizers, Nitrobenzene, Toluene Di Isocyanate, Adipic Acid, Nitro chlorobenzene) and by Region - Forecast to 2022
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Global Nitric Acid Market Research Report- Forecast to 2022 Market Synopsis of Global Nitric Acid Market Nitric acid is colorless and a corrosive mineral acid that has concentration of around 70%. It turns pale yellow due to decomposition of oxides. Commercially nitric acid with more than 85% concentration is known as fuming nitric acid. Based on color solution and concentration of nitrogen dioxide, nitric acid is further classified as red fuming and white fuming nitric acid. Unstable nitric acid based compounds are used in explosives while stable compounds of nitric acid are used in production of paints, dyes and pigments. It also acts as reagent for nitration reaction. The global nitric acid market is primarily driven by the fertilizer industry and is expected to grow at CAGR of 6.5% from 2016-2022. Global fertilizer industry is significantly expanding owing to rise in need for crop yield to meet growing population’s demand of food. https://www.marketresearchfuture.com/reports/nitric-acid-market
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The early diners are offered free customization- Up To 20% Target Audience Nitric acid manufacturers Traders and distributors Association and government bodies. Application industries Research institute Reasons to buy This report includes in-depth study analysis of nitric acid market It covers market segmentation by type, by application and by end user. It helps in identifying region wise major suppliers and understanding the consumption pattern. The report will provide useful and premium insights that will support in investments of and allied companies providing details on the fast-growing segments and regions. In addition, it will provide key findings that will help companies to improve profitability by using supply chain strategies and cost effectiveness of various products mentioned in the report. The data used in the report is primarily based on primary interviews with major producing companies and industry experts supported by authentic industry data from secondary sources.
Application & Major Players in this Research: The key players profiled in Global Nitric Acid Marketreport include- • The Dow Chemical Company, • Bayer AG, • BASF SE, • LyondellBasellIndustries, • Agrium Inc., • Koch Fertilizer, LLC, • AkzoNobelNV, • Basic Chemical Solutions LLC, • PVS Chemicals, • Apache Nitrogen Products Inc
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