Title: Copper Nitrate Market Industry Analysis Report, Regional Outlook, 2016 – 2024.
1Copper Nitrate Market Share and Forecast 2016-2024
Copper Nitrate Market Size, Industry Analysis
Report, Regional Outlook (U.S., Germany, UK,
Italy, Russia, China, India, Japan, South Korea,
Brazil, Mexico, Saudi Arabia, UAE, South Africa),
Application Development Potential, Price Trends,
Competitive Market Share Forecast, 2016 2024
2Global Market Scenario of Copper Nitrate
- Copper Nitrate Market size will witness favorable
growth during forecast period due to extensive
use of copper oxide in chemicals industry as well
as textiles and ceramics industry. - Copper nitrate is an inorganic compound which
forms blue crystalline solids mainly used to
convert into copper oxide. - Global chemicals industry witnessed more than 5
billion dollar sales each year from 2013 to 2015
and this trend is expected to continue and drive
the copper nitrate market during the forecast
period. - The textiles market is growing at a fast pace and
recorded exports of more than 280 billion USD in
2015. At the same time apparels industry,
recorded exports of more than 400 billion USD.
This growth will also augment the copper nitrate
market during the forecast timespan.
3- Product Analysis-
- The product is a strong oxidizing agent and hence
it may increase intensity of fire when kept in
proximity to other combustible material. It also
causes irritation when in contact with eyes, skin
or inhaled. These factors can hinder the copper
nitrate market causing industries to find other
safer alternatives. - By product the copper nitrate market is segmented
mainly into two viz. hydrous and anhydrous form.
Hydrous copper nitrate occurs in five forms viz.
hexahydrate, trihydrate, hemi pentahydrate,
sesquihydrate and monohydrate of which
hexahydrate and trihydrate are the most common
forms. By the level of purity, it is classified
into four categories - (2N) 99, (3N) 99.9, (4N)
99.99 and (5N) 99.999. - Regional Trends-
- Europe is the second leading copper nitrate
market followed by North America. - China and India are the leading copper nitrate
markets in this region in terms of production and
consumption. This trend is supposed to continue
during the forecast period because of the high
number of manufacturers in both these countries.
4Competitor Analysis
- Major companies in the copper nitrate market are
- International Biological Laboratories, American
Elements, Alpha Chemika, Chemical Point UG,
Combined Chemicals, Sigma-Aldrich, MINS group,
Beijing Science and Technology, ALS
Environmental, Evans Chem India, Zibo Hangzheng
chemical trading, Wuhan Pharmchem company,
Shanghai Hanhong Scientific.
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