Global Nitric Acid Market
市场规模（十亿美元）
CAGR :
% 
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 29.69 Billion |
 Market Size (Forecast Year) |
USD 52.57 Billion |
 CAGR |
% |
| Major Markets Players |
|
>全球硝酸市场，按产品类型（发烟和非发烟）、等级（商业和其他）、浓度（稀硝酸（68%）和浓硝酸（69%-71%））应用（肥料、硝酸铵、硝基苯、甲苯二异氰酸酯、己二酸、硝基氯苯、聚氨酯、聚酰胺和其他）、最终用途行业（农用化学品、炸药、化学品、采矿和其他）划分——行业趋势和预测到 2029 年。
全球硝酸市场分析及规模
硝酸通常用于多种农用化学品的生产。硝酸对人体有毒性和腐蚀性，如果接触到硝酸，尤其是眼睛和鼻子。硝酸会刺激眼睛、皮肤和粘膜。
- Data Bridge Market Research 分析称，2021 年硝酸市场价值为 239.7 亿美元，预计到 2029 年将达到 322.5 亿美元，预测期内复合年增长率为 7.40%。由于农业依赖地区或经济体对农用化学品的需求不断增长，“肥料”是硝酸市场中最突出的应用领域。Data Bridge Market Research 团队策划的市场报告包括深入的专家分析、进出口分析、定价分析、生产消费分析和气候链情景。
全球硝酸市场定义
硝酸的化学式为 HNO3，是一种强矿物和剧毒酸，用于多种工业用途。硝酸用于生产颜料、染料和涂料。纯硝酸无色，与氧化物混合分解后呈淡黄色。
报告范围和市场细分
|
报告指标 |
细节 |
|
预测期 |
2022 至 2029 年 |
|
基准年 |
2021 |
|
历史岁月 |
2020（可定制至 2019 - 2014） |
|
定量单位 |
收入（百万美元）、销量（单位）、定价（美元） |
|
涵盖的领域 |
产品类型（发烟和非发烟）、等级（商用和其他）、浓度（稀硝酸（68%）和浓硝酸（69%-71%））应用（肥料、硝酸铵、硝基苯、甲苯二异氰酸酯、己二酸、硝基氯苯、聚氨酯、聚酰胺和其他）、最终用途行业（农用化学品、炸药、化学品、采矿和其他） |
|
覆盖国家 |
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, South Africa, Egypt, Israel, 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 |
Yara (Norway), Nutrien Ltd. (Canda), BASF SE (Germany), 3M (U.S.), Dow (U.S.), DuPont (U.S.), LSB INDUSTRIES (US), Sika AG (Switzerland), CF Fertilisers UK. (UK), Innospec (U.S.), ADEKA CORPORATION (Japan), Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.), PMC Specialties Group (U.S.), Afton Chemical (U.S.), The Lubrizol Corporation (U.S.), Clariant (Switzerland), LANXESS (Germany), Mayzo, Inc. (U.S.), Solvay (Belgium), Akzo Nobel N.V. (Netherlands), Arkema (France) and Eastman Chemical Company (U.S.) |
|
Market Opportunities |
|
Market Dynamics of the Nitric Acid Market Include:
- Growth and expansion influenced the market growth
Growth and expansion of all the end user verticals promoted the direct and indirect growth of this market. Surging demand for to manufacture nylon 6,6 which find its application in the manufacturing of automotive parts, such as body panel, gears, and others will create ample of opportunities for the market in the long run.
- Growing awareness to direct the market demand and supply
Increased awareness about the benefits of nitric acid is inducing increased demand and application by the small and medium scale enterprises. Over 80% of nitric acid is used in manufacturing fertilizers and growing demand for fertilizers all around the globe is a positive sign. This in turn is bolstering the growth of the market.
- Rising research and development operations
Increased funding from federal government pertaining to the research and development proficiencies is also bolstering the growth of the market. Research and developmental operations directed towards sustainable development will ensure optimum and judicious use of resources, thereby improving the market value.
- Rise in the technological advancements
Rising technological advancements pertaining to the manufacturing technology is further inducing growth in the market value. Increasing number of technological advancements driven with a view to minimize the production costs and wastage coupled with growth in industrialization has increased the use of roofing materials for sustaining the efficiency of machinery is further ensuring a bright future for the market.
- Surge in demand from the agricultural industry
Growing demand for nitric acid by the agricultural industry has further proved to be a boon for the market. Increased production of fertilizers, pesticides, insecticides, and other agrochemicals is expected to create ample of opportunities for the market. Fertilizers, such as ammonium nitrate and calcium ammonium nitrate, are produced from nitric acid.
Restraints/Challenges faced by the Nitric Acid Market
- Fluctuating prices
Fluctuations or volatility in the prices of raw materials and machinery equipment is posing a major threat to the growth of the market. Further, uneven availability of raw materials at one particular location is demeaning the growth of the market. Availability of alternatives in the market at an affordable range will further derail the market growth rate.
- Health issues
Growing number of health-related hazards caused by nitric acid will challenge the growth rate of the market in the long run. Also, competition from organic agrochemicals will create hindrances in the way of growth for the market. Also, unfavorable conditions arising due to the COVID-19 outbreak will impede the market growth rate.
- Norms, standards and regulations
Imposition of stringent regulations by the government on a wide range of industrial applications pertaining to the production of fertilizers and the use of nitric acid in agrochemicals will further slowdown the market growth rate. Lack of standardization norms will further worsen the market situation.
This nitric acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 nitric acid 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 Nitric Acid Market
COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. Several countries such as China, India, Brazil and many more imposed lockdown in this face which led to the shutdown of production and manufacturing facilities. The mining activities were stopped temporarily during the lockdown to curb the spread of COVID-19 and nitric acid is largely used in mining and exploration activities. Supply chain of numerous manufacturing units was adversely affected in this period leading to a major drop in the revenues and profits. However, with the increasing relaxations, a rise in import and export is significantly expected. Respective governing authorities are beginning to lift these enforced lockdowns which is a positive sign for the market.
Recent Developments
- In October 2020, LSB INDUSTRIES signed a new long-term nitric acid supply contract with a customer for supplying about 70 to 100 kilotons of nitric acid per year, thereby, enhancing the company's nitric acid business.
Global Nitric Acid Market Scope
The nitric acid market is segmented on the basis of product type, grade, concentration, application and end use industry. 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.
Product type
- Fuming
- Non- Fuming
On the basis of product type, the nitric acid market is segmented into fuming and non- fuming.
Grade
- Commercial
- Others
On the basis of grade, the nitric acid market is segmented into commercial and others.
Concentration
- Dilute Nitric Acid (68%)
- Concentrated Nitric Acid (69%-71%)
On the basis of concentration, the nitric acid market is segmented into dilute nitric acid (68%) and concentrated nitric acid (69%-71%).
Application
- Fertilizers
- Ammonium Nitrate
- Nitrobenzene
- Toluene Di-isocynate
- Adipic Acid
- Nitro Chlorobenzene
- Polyurethanes
- Polyamides
- Others
On the basis of application, the nitric acid market is segmented into fertilizers, ammonium nitrate, nitrobenzene, toluene di-isocynate, adipic acid, nitro chlorobenzene, polyurethanes, polyamides and others.
End use industry
- Agrochemicals
- Explosives
- Chemicals
- Mining
- Others
On the basis of end use industry, the nitric acid market is segmented into agrochemicals, explosives, chemicals, mining and others.
Nitric Acid Market Regional Analysis/Insights
The nitric acid market is analyzed and market size insights and trends are provided by country, product type, grade, concentration, application and end use industry as referenced above.
The countries covered in the nitric acid market report are the 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, South Africa, Egypt, Israel, 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.
Asia-Pacific dominates the nitric acid market and will continue to flourish its dominance during the forecast period owing to the large scale production of fertilizers in this region, growth and expansion of end user verticals in this region, abundant availability of raw materials and surging growth of agricultural industry.
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 such as 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 Nitric Acid Market Share Analysis
The nitric acid 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 nitric acid market.
Some of the major players operating in the nitric acid market are:
- Yara (Norway)
- Nutrien Ltd. (Canada)
- BASF SE (Germany)
- 3M (U.S.)
- Dow (U.S.)
- DuPont (U.S.)
- LSB INDUSTRIES (US)
- Sika AG (Switzerland)
- CF Fertilisers UK. (UK)
- Innospec (U.S.)
- ADEKA CORPORATION (Japan)
- Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)
- PMC Specialties Group (U.S.)
- Afton Chemical (U.S.)
- The Lubrizol Corporation (U.S.)
- Clariant (Switzerland)
- LANXESS (Germany)
- Mayzo, Inc. (U.S.)
- Solvay (Belgium)
- Akzo Nobel N.V. (Netherlands)
- Arkema (France)
- Eastman Chemical Company (U.S.)
Research Methodology : Global Nitric Acid Market
数据收集和基准年分析是使用具有大样本量的数据收集模块进行的。市场数据使用市场统计和连贯模型进行分析和估计。市场份额分析和关键趋势分析也是市场报告中的主要成功因素。如需了解更多信息，请请求分析师致电或下拉询问。
DBMR 研究团队使用的关键研究方法是数据三角测量，涉及数据挖掘、数据变量对市场影响的分析以及主要（行业专家）验证。除此之外，数据模型还包括供应商定位网格、市场时间线分析、市场概览和指南、专家分析、进出口分析、定价分析、生产消费分析、气候链情景、公司定位网格、公司市场份额分析、测量标准、全球与区域和供应商份额分析。要了解有关研究方法的更多信息，请向我们的行业专家咨询 https://www.databridgemarketresearch.com/zh/speak-to-analyst/?dbmr=global-nitric-acid-market
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研究方法
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.
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