Home » News » Science » Global Concentrated Nitric Acid Market Size, Industry Growth Report, 2026
Environment Featured Health News Science

Global Concentrated Nitric Acid Market Size, Industry Growth Report, 2026

FLuphenazine-Hydrochlorid

Global Concentrated Nitric Acid Market is expected to reach US$ 28.96 Bn by 2026 from US$ 21.14 Bn in 2016 at a CAGR of 3.2%.

Global Concentrated nitric acid market is witnessing growth due to its vast applications in various end-use industries such as for manufacturing of fertilizers, explosives, nylon, a variety of industrially useful organic and inorganic compounds and etching steel, purification of metals and photoengraving in metal processing industry. About two third of the nitric acid is used for the production of ammonium nitrate which finds wide application in fertilizers. Moreover rising demand for nylon 6-6, as a replacement for metals in the automotive industry is fueling growth of concentrated nitric acid market. Stringent government regulations and environmental concerns are major restraining factors hindering growth of concentrated nitric acid market.

Concentrated nitric acid market based on type has been segmented into strong nitric acid and fuming nitric acid. Strong nitric acid is expected to be one of the major contributors for the market growth owing to its used in various applications such as ammonium nitrate, adipic acid, nitrobenzene, nitro chlorobenzene and toluene diisocyanate.

DOWNLOAD FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/market-report/concentrated-nitric-acid-market/2528//#requestforsample

Based on application, ammonium nitrate is expected to hold one of the largest shares of the market attributed to large use in fertilizers and explosives. Agrochemicals is expected to be one of the largest segment among end-use industries during the forecast period. This is due to increasing demand for nitrogen fertilizers from the emerging economies such as China, India and Brazil.

Geographically, Asia Pacific is expected to be one of the largest markets for concentrated nitric acid during the forecast period followed by Europe and North America. This is due to the presence of the key players of concentrated nitric acid in this regions.

Do Inquiry Before Purchasing Report Here: https://www.maximizemarketresearch.com/market-report/concentrated-nitric-acid-market/2528//#inquiry

Scope of the Global Concentrated Nitric Acid Market:

Global Concentrated Nitric Acid Market, by Type:
• Strong Nitric Acid
• Fuming Nitric Acid

Global Concentrated Nitric Acid Market, by Application:
• Ammonium Nitrate
• Adipic Acid
• Nitrobenzene
• Toluene Diisocyanate
• Others

Global Concentrated Nitric Acid Market, by End-use Industry:
• Agrochemicals
• Explosives
• Automotive
• Electronics
• Others

Global Concentrated Nitric Acid Market, by Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Key Players Operating in the Global Concentrated Nitric Acid Market:

• Agrium Inc.(Canada)
• Deepak Fertilisers and Petrochemicals Corp. Ltd. (India)
• CF Industries (US)
• Hanwha Corporation (South Korea)
• LSB Industries Inc. (U.S.)
• Potash Group (Canada)
• National Chemical Group (Russia)
• Shandong Fengyuan Chemical Stock Co. Ltd. (China)
• OCI N.V. (Netherlands)
• Ube Industries (Japan)
• Yara International (Norway)

MAJOR TOC OF THE REPORT

Chapter One: Concentrated Nitric Acid Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Concentrated Nitric Acid Market Competition, by Players

Chapter Four: Global Concentrated Nitric Acid Market Size by Regions

Chapter Five: North America Concentrated Nitric Acid Revenue by Countries

Chapter Six: Europe Concentrated Nitric Acid Revenue by Countries

Chapter Seven: Asia-Pacific Concentrated Nitric Acid Revenue by Countries

Chapter Eight: South America Concentrated Nitric Acid Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Concentrated Nitric Acid by Countries

Chapter Ten: Global Concentrated Nitric Acid Market Segment by Type

Chapter Eleven: Global Concentrated Nitric Acid Market Segment by Application

Chapter Twelve: Global Concentrated Nitric Acid Market Size Forecast (2019-2026)

Browse Table of Contents with Facts and Figures of Sodium Hypochlorite Market Report at: https://www.maximizemarketresearch.com/market-report/concentrated-nitric-acid-market/2528//

About Us:

Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: Lumawant Godage

Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: [email protected]

Contact: +91 20 6630 3320/ +919607065656/ +919607195908

Website: www.maximizemarketresearch.com

Visitor Statistics