Global Calcium Nitrate Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 13.06 Billion |
Market Size (Forecast Year) |
USD 23.29 Billion |
CAGR |
|
Major Markets Players |
Global Calcium Nitrate Market, By Process (Limestone, Phosphate Rock, Ammonium Nitrate), Application (Water Treatment, Fertilizers, Concrete Manufacturing, Explosives, Others) – Industry Trends and Forecast to 2029.
Calcium Nitrate Market Dynamics Analysis and Size
Fertilizers are substances that are added to increase yield by providing crops with nutrients that the soil lacks. Fertilizer addition frequently doubles or triples yield. The growing demand for calcium nitrate in agro-synthetics is expected to drive the growth of the global calcium nitrate market.
Data Bridge Market Research analyses that the calcium nitrate market which was valued at USD 13.06 billion in 2021 is expected to reach the value of USD 23.29 billion by 2029, at a CAGR of 7.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Calcium Nitrate Market Dynamics Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Process (Limestone, Phosphate Rock, Ammonium Nitrate), Application (Water Treatment, Fertilizers, Concrete Manufacturing, Explosives, Others), |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Bayer AG (Germany), BASF SE (Germany), Yara (Norway), Compass Minerals (US), Syngenta Crop Protection AG (Switzerland), ADAMA (Israel), Sumitomo Chemicals Co. Ltd. (Japan), Nufarm (Australia), UPL (India), K+S Aktiengesellschaft (Germany), ICL (Israel) |
Opportunities |
|
Market Definition
Calcium Nitrate is an inorganic compound formed by treating limestone with nitric acid and then with ammonia. Calcium Nitrate simple salt contains two nutrients: calcium (26.5%) and nitrogen (15.5 percent). There are two kinds of calcium nitrate available on the market: industrial grade and agricultural grade. Agricultural grade calcium nitrate is primarily used in fertilisers, whereas industrial grade calcium nitrate is widely used in the concrete manufacturing and wastewater management industries.
Calcium Nitrate Market Dynamics
Drivers
- Growing popularity and knowledge of commercial farming across the globe
Rising farmer knowledge of soil profile and nutritional balance, growing popularity of commercial agriculture around the world, low-cost fertiliser production, and rising demand for agrochemicals are some of the factors expected to drive the calcium nitrate market. Furthermore, an increase in the need to increase productivity and level yield and fertiliser intensity gaps across countries will dampen the market's growth rate.
- Growing adoption of horticulture practices
A rapid increase in global horticulture crop production, despite rising crop prices and significant labour costs, will boost the market for calcium nitrate. The shift in emphasis toward dietary food and increased demand for fruits and vegetables will encourage its use in horticulture. Water soluble fertilisers enable farmers to grow more food on less land while providing a significant return on investment. The primary factor driving the calcium nitrate market growth is its widespread use in reducing chemical leaching of crops, which is expected to significantly drive the calcium nitrate market during the forecast period.
Opportunity
The calcium nitrate markets are benefiting from increased awareness of drip irrigation systems. Subsurface drip irrigation systems are commonly used to supplement fodder maize production. The calcium nitrate market is being driven by government initiatives to maximise the use of water resources in agriculture.
Restraints
However, rising organic fertiliser industry growth and growing lack of awareness are among the major factors acting as restraints, while rising number of players with similar product formulations will further challenge the growth of calcium nitrate market during the forecast period.
This calcium nitrate market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the calcium nitrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Calcium Nitrate Market
Calcium nitrate is widely used in producing vegetables, fruits, wine, and crops, which necessitate extensive crop care such as seed treatment, soil management, crop protection, and more. However, as a result of the pandemic, production in these sectors is experiencing challenges such as late crop care and pesticide product deliveries, trade and delivery issues, and more. Due to the COVID-19 Pandemic, the entire world has gone into lockdown, resulting in the closure of restaurants and grocery stores and a decrease in demand for fresh produce and fisheries products, affecting producers and suppliers. Agricultural bodies such as the Indian Council of Agricultural Research (ICAR) have issued guidelines for farmers to follow during the lockdown period in order to harvest certain crops.
Recent Development
- Netafim USA, a subsidiary of Netafim Ltd., launched its new AlphaDiscTM filter in February 2022, a new filter designed to protect irrigation systems from clogging caused by organic contaminants.
- Valmont Industries paid USD 300 million for Prospera Technologies (an Israeli crop analytics startup) in May 2021. They are primarily concerned with digitising centre pivot irrigation systems.
- Rain Bird will release New Rain Bird Flow-Indicating Basket Filters in February 2021, making irrigation systems easier to install and maintain by combining flow measurement, filtration, and integrated pressure regulation in a single, compact solution.
- Lindsay Corporation and Nutrien AG Solutions, the world's largest provider of crop inputs and services, announced collaboration in January 2019 that will allow Nutrien AG Solutions and Lindsay's remote irrigation management and scheduling platform to work together.
Global Calcium Nitrate Market Scope
The calcium nitrate market is segmented on the basis of process and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Process
- Limestone
- Phosphate Rock
- Ammonium Nitrate
Application
- Water Treatment
- Fertilizers
- Concrete Manufacturing
- Explosives
- Others
Calcium Nitrate Market Regional Analysis/Insights
The calcium nitrate market is analysed and market size insights and trends are provided by country, process and application as referenced above.
The countries covered in the calcium nitrate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the calcium nitrate market due to rising demand for better crop quality, growing population, and rising awareness among people about the benefits of available methods, whereas Asia-Pacific is expected to grow during the forecast period due to rising demand for the method and technique in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Calcium Nitrate Market Share Analysis
The calcium nitrate market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to calcium nitrate market.
Some of the major players operating in the calcium nitrate market are:
- Bayer AG (Germany)
- BASF SE (Germany)
- Yara (Norway)
- Compass Minerals (US)
- Syngenta Crop Protection AG (Switzerland)
- ADAMA (Israel)
- Sumitomo Chemicals Co. Ltd. (Japan)
- Nufarm (Australia)
- UPL (India)
- K+S Aktiengesellschaft (Germany)
- ICL (Israel)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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