Ammonium nitrate is estimated to be the largest segment among the applications. It is widely used in fertilizers and explosives. In fertilizers, ammonium nitrate can be used directly, or it can be used as an intermediate for Others nitrogen fertilizers, such as calcium ammonium nitrate and urea ammonium nitrate.
This report contains market size and forecasts of Concentrated Nitric Acid in global, including the following market information:
- Global Concentrated Nitric Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Concentrated Nitric Acid Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Concentrated Nitric Acid companies in 2021 (%)
The global Concentrated Nitric Acid market was valued at 19690 million in 2021 and is projected to reach US$ 22130 million by 2028, at a CAGR of 1.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ammonium Nitrate Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Concentrated Nitric Acid include Yara International, CF Industries Holdings, Potash Corp, Nutrien, OCI, BASF, Hanwha Corporation, Linde Group and UBE Industries and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Concentrated Nitric Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Concentrated Nitric Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Concentrated Nitric Acid Market Segment Percentages, by Type, 2021 (%)
- Ammonium Nitrate
- Adipic Acid
- Nitrobenzene
- Toluene Diisocyanate
- Others
Global Concentrated Nitric Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Concentrated Nitric Acid Market Segment Percentages, by Application, 2021 (%)
- Agrochemicals
- Explosives
- Automotive
- Electronics
- Others
Global Concentrated Nitric Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Concentrated Nitric Acid Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Concentrated Nitric Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Concentrated Nitric Acid revenues share in global market, 2021 (%)
- Key companies Concentrated Nitric Acid sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Concentrated Nitric Acid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Yara International
- CF Industries Holdings
- Potash Corp
- Nutrien
- OCI
- BASF
- Hanwha Corporation
- Linde Group
- UBE Industries
- LSB Industries Inc.
