Nitric Acid Market 2020-2025 Growth Analysis, Key Solutions, Services, Regional Demand and Top Players Overview

1
Global Nitric Acid Market

• Size 2018 by Type (Weak, Concentrated), By
  End-Users (Fertilizers, Explosives, Chemical
  Intermediates and Others) By Application
  (Ammonium Nitrate, Adipic Acid, Toluene
  di-isocyanate, Nitrobenzene and Others) By Region
  and Forecast 2019 to 2025

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2
Global Nitric Acid Market Size And Forecast,
2015-2025

• The global nitric acid market size was valued at
  USD 23,313.7 million in 2025. The global Nitric
  acid market is growing, due to the explosives
  industry shares significant demand of the product
  in the mining of coal and metals. Manufacturing
  of explosives utilizing the ammonium nitrate
  involves the significant requirement of the
  nitric acid as a precursor. The major use of
  nitric acid is in preparation of fertilizers and
  other uses consists of production of nitrate
  salts, coal tar products, drugs, and making dyes.
  Nitric acid is the building block chemical for
  the manufacturing of many other chemical
  compounds and it is used in production of several
  types of polymers like polyamides and
  polyurethane.
• Nitric acid are used for the purification of
  precious metals like gold, silver, and platinum.
  Around 85 of total nitric acid is consumed in
  dilute form i.e. weak nitric acid. Ammonium
  nitrate is one of the most demanding applications
  of the nitric acid and the product accounts for
  around three-fourth of total global consumption
  of the nitric acid.
• The segmentation of nitric acid is done on the
  basis of types, applications, end-users and
  regional. Weak nitric acid is projecting the
  market ahead owing to the consumption in large
  amount for chemical manufacturing such as
  ammonium nitrate and adipic acid. Ammonium
  nitrate account for around three-fourth of total
  global consumption of the nitric acid and
  nitrobenzene is the fastest growing on the basis
  of application because it is used in the
  production of lubricating oils, drugs, synthetic
  rubber, and dyes etc. Fertilizers in agricultural
  sector are driving the nitric acid market owing
  to the rising population, contributing in the
  growth of fertilizers globally. Europe region is
  leading the nitric acid market on the basis of
  region due to the good number of textile
  industries which consumes the nitric acid for the
  production of adipic acid and caprolactam.

3
Global Nitric Acid Market Size And Forecast,
2015-2025

• Major companies profiled in the global Nitric
  acid market report are Yara International ASA, CF
  Industries Holdings, Inc., BASF SE, Orica
  Limited, LSB Industries, Agrium Inc., Potash
  Corporation of Saskatchewan Inc., Omnia Holdings
  Limited, Sinopec Corporation, OCI Nitrogen,
  Nitrogénmüvek Zrt, Dyno Nobel, Deepak Fertilizer
  and Petrochemicals Corporation Limited, Pakarab
  Fertilizers Limited, and Sasol Limited, among
  others.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/nitric-acid-market

4
Segment Overview of Global Nitric Acid Market

• By Type, 2015 2025 (Kilotons, USD Million)
• Weak nitric acid
• Concentrated nitric acid
• By Application, 2015 2025 (Million tons, USD
  Million)
• Ammonium Nitrate
• Adipic Acid
• Toluene di-isocyanate (TDI)
• Nitrobenzene
• Others
• By End-Users, 2015 2025 (Million tons, USD
  Million)
• Fertilizers
• Explosives
• Chemical Intermediates
• Others

5
Segment Overview of Global Nitric Acid Market

• Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• South America
• Middle East Africa
• Purchase a single user copy of the global Nitric
  Acid Market report_at_ https//www.adroitmarketresear
  ch.com/researchreport/purchase/57

6
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