Nitric Acid Market Size to Worth US$ 39.7 Billion by 2030

According to the new research report published by Precedence Research, titled “Nitric Acid Market (By Application: Fertilizers, Adipic Acid, Toluene Diisocyanate, Nitrobenzene, Others; By End-Use: Explosives, Agrochemicals, Electronics, Automotive, Others; By Concentration: Dilute Nitric Acid, Concentrated Nitric Acid; By Distribution Channel: Direct/Institutional Sales, Retail Sales, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030”, the global nitric acid market size is expected to be worth around US$ 39.7  billion by 2030 and is poised to record a yearly growth rate of 3.32% from 2022 to 2030. The study investigates several elements and their consequences on the growth of the all-wheel drive market.

This report focuses on nitric acid market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall nitric acid market size by analysing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.

Nitric Acid Market Size 2022 To 2030

 The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Download a Free Copy of Our Latest Sample Report@ https://www.precedenceresearch.com/nitric-acid-market

The study also provides important advancements in organic and inorganic growth strategies in the worldwide nitric acid market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of nitric acid market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.

Nitric Acid Market Scope 

Report Coverage Details
Market Size in 2022 USD 30.58 Billion
Market Size by 2030 USD 39.7 Billion
Growth Rate from 2022 to 2030 CAGR of 3.32%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered
  • By Application
  • By End-Use
  • By Concentration
  • By Distribution Channel
Regions Covered
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Also read: Precast Concrete Market Size to Worth US$ 234.1 Billion by 2030

Market Key Players

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the nitric acid market.

Some of the prominent players in the nitric acid market include are

  • BASF SE
  • Apache Nitrogen Products Inc.
  • CF Industry Holdings, Inc
  • Dupont
  • Nutrien Ltd.
  • Omnia Holding Limited
  • Rashtriya Chemical & Fertilizers Ltd.
  • Thyssenkrupp AG
  • Yara International ASA

Nitric Acid Market Segmentations 

By Application

  • Fertilizers
  • Adipic Acid
  • Toluene Diisocyanate
  • Nitrobenzene
  • Others

By End-Use

  • Explosives
  • Agrochemicals
  • Electronics
  • Automotive
  • Others

By Concentration

  • Dilute Nitric Acid (68%)
  • Concentrated Nitric Acid (69% 71%)

By Distribution Channel

  • Direct/Institutional Sales
  • Retail Sales
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Report Objectives 

  • To define, segment, and project the global market size for nitric acid market
  • To understand the structure of the market by identifying its various sub-segments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
  • To profile key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
  • To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements 

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Nitric Acid Market 

5.1. COVID-19 Landscape: Nitric Acid Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Nitric Acid Market, By Application

8.1. Nitric Acid Market, by Application, 2022-2030

8.1.1. Fertilizers

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Adipic Acid

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Toluene Diisocyanate

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Nitrobenzene

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Nitric Acid Market, By End-Use

9.1. Nitric Acid Market, by End-Use, 2022-2030

9.1.1. Explosives

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Agrochemicals

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Electronics

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Automotive

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Nitric Acid Market, By Concentration

10.1. Nitric Acid Market, by March, 2022-2030

10.1.1. Dilute Nitric Acid (68%)

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Concentrated Nitric Acid (69% 71%)

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Nitric Acid Market, By Distribution Channel 

11.1. Nitric Acid Market, by Distribution Channel, 2022-2030

11.1.1. Direct/Institutional Sales

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Retail Sales

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Nitric Acid Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.1.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.1.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.1.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.1.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.2.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.2.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.2.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.2.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.2.7.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.8.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.2.8.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.3.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.3.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.3.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.3.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.3.7.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.8.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.3.8.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.4.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.4.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.4.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.4.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.4.7.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.8.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.4.8.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.5.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.5.5.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Concentration(2017-2030)

12.5.6.4. Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 13. Company Profiles

13.1. BASF SE

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Apache Nitrogen Products Inc.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. CF Industry Holdings, Inc

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Dupont

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Nutrien Ltd.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Omnia Holding Limited

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Rashtriya Chemical & Fertilizers Ltd.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Thyssenkrupp AG

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Yara International ASA

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global nitric acid market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for nitric acid are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Emailsales@precedenceresearch.com

Web: https://www.precedenceresearch.com

 


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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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