Nitric acid (HNO3), also known as aqua fortis and spirit of niter, is a highly corrosive mineral acid. Nitric acid is commonly used for metal purification, solvent, oxydator, and raw material for fertilizer and explosives. According to Gen Consulting Company, global nitric acid market is projected to grow at a CAGR of 4.1% during the forecast period 2021-2027.
By application, the nitric acid market is classified into Agricultural, Explosives, Metal Treatment, Dye. On the basis of region, the nitric acid industry is analyzed across North America, Europe, Asia-Pacific, South America and MEA (the Middle East, and Africa).
- Metal Treatment
By region, the market is analyzed across North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at global, regional & country level from 2021 to 2027.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
The market research report covers the analysis of key stake holders of the nitric acid market. Some of the leading players profiled in the report include:
- Yara International ASA
- CF Industries Holdings，Inc.
- UBE Industries, Ltd.
- OCI N.V.
- Lsb Industries Inc.
- Koch Industries, Inc.
- Kemerovo JSC Azot
- Hanwha Corporation
- Deepak Fertilisers and Petrochemicals Corp. Ltd.
- Trammo, Inc. (Agrium Inc.)
- Huafeng Group
- Sinopec Nanjing Chemical Industries Co., Ltd.
- Anhui Jinhe Industrial Co., Ltd.
- Jiangsu Yinzhu Chemical Group Co., Ltd.
- Anhui Huaertai Chemical Co., Ltd.
- China National Petroleum Corporation
- Wanhua Chemical Group Co., Ltd.
- Jilin Connell Chemical Industry Co., Ltd.
- Cangzhou Dahua Group Co., Ltd.
*list is not exhaustive, request free sample to get a complete list of companies
The base year of the study is 2020, and forecasts run up to 2027.
- To analyze and forecast the market size of global nitric acid market.
- To classify and forecast global nitric acid market based on application.
- To identify drivers and challenges for global nitric acid market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in global nitric acid market.
- To conduct pricing analysis for global nitric acid market.
- To identify and analyze the profile of leading players operating in global nitric acid market.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:
- Manufacturers of nitric acid
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to nitric acid