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Nitric Acid Market

Nitric Acid Market Research Report – Segmented By End-user Industry (Aerospace, Chemical Manufacturing, Explosives, Fertilizers, Inks, Pigments, and Dyes, Other End-user Industries) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2017 to 2026.


01

Executive Summary

Nitric Acid Market from Consainsights analyses the Nitric Acid Market in the Chemicals & Materials industry over the forecast period to 2026.

Nitric Acid research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Nitric Acid segmentation includes End-user Industry and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the End-user Industry, the Nitric Acid Market analysis covers Aerospace, Chemical Manufacturing, Explosives, Fertilizers, Inks, Pigments, and Dyes, Other End-user Industries.

Key companies operating in the market include BASF SE, CF Fertilisers UK, Colombus Chemicals, Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL), DuPont de Nemours Inc., Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), INEOS, LSB INDUSTRIES, MAXAMCORP HOLDING SL, Mitsubishi Chemical Corporation, Nutrien Ltd, Sasol Ltd, Sinopec Nanjing Chemical Industries Co. Ltd (China Petrochemical Corporation), Sumitomo Chemical Co. Ltd, Vijay Gas Industry Pvt. Ltd, Yara and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

  • Revenue Share (%), By End-user Industry (2019)
    Revenue Share (%), By End-user Industry (2019)
02

Market Overview

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
  • The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
  • For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
  • For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
03

By End-user Industry

By End-user Industry, The Global Nitric Acid Market analysis covers Aerospace, Chemical Manufacturing, Explosives, Fertilizers, Inks, Pigments, and Dyes, Other End-user Industries.

Global Nitric Acid Market - Historical, Forecast Market Sizes (Us$ Mn), By End-user Industry, 2019-2027
Global Nitric Acid Market - Historical, Forecast Market Sizes (Us$ Mn), By End-user Industry, 2019-2027

The Aerospace segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Aerospace: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
Aerospace: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)

The Chemical Manufacturing segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Chemical Manufacturing: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
Chemical Manufacturing: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)

The Explosives segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Explosives: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
Explosives: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)

The Fertilizers segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Fertilizers: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
Fertilizers: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)

The Inks, Pigments, and Dyes segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Inks, Pigments, and Dyes: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
Inks, Pigments, and Dyes: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)

The Other End-user Industries segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other End-user Industries: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
Other End-user Industries: Global Nitric Acid Market Revenue Opportunity (Us$ Mn)
04

North America

Based on the North America, the Nitric Acid Market analysis covers United States, Canada.

North America Map
North America Nitric Acid Market Size, 2019-2027 (Us$ Mn)
North America Nitric Acid Size, 2019-2027 (Us$ Mn)
North America Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
North America Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
United States Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
United States Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Canada Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Canada Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
05

Europe

Based on the Europe, the Nitric Acid Market analysis covers Germany, United Kingdom, France, Spain, Russia, Italy, Rest of Europe.

Europe Map
Europe Nitric Acid Market Size, 2019-2027 (Us$ Mn)
Europe Nitric Acid Size, 2019-2027 (Us$ Mn)
Europe Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Europe Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Germany Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Germany Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
United Kingdom Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
United Kingdom Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
France Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
France Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Spain Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Spain Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Russia Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Russia Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Italy Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Italy Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Europe Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Europe Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
06

Asia-Pacific

Based on the Asia-Pacific, the Nitric Acid Market analysis covers China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific.

Asia-Pacific Map
Asia-Pacific Nitric Acid Market Size, 2019-2027 (Us$ Mn)
Asia-Pacific Nitric Acid Size, 2019-2027 (Us$ Mn)
Asia-Pacific Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Asia-Pacific Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
China Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
China Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Japan Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Japan Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
India Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
India Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Southeast Asia Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Southeast Asia Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Australia & New Zealand Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Australia & New Zealand Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Asia-Pacific Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Asia-Pacific Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
07

Middle East & Africa

Based on the Middle East & Africa, the Nitric Acid Market analysis covers Middle East, Africa, Rest of Middle East & Africa.

Middle East & Africa Map
Middle East & Africa Nitric Acid Market Size, 2019-2027 (Us$ Mn)
Middle East & Africa Nitric Acid Size, 2019-2027 (Us$ Mn)
Middle East & Africa Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Middle East & Africa Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Middle East Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Middle East Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Africa Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Africa Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Middle East & Africa Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Middle East & Africa Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
08

Latin America

Based on the Latin America, the Nitric Acid Market analysis covers Brazil, Argentina, Mexico, Colombia, Rest of Latin America.

Latin America Map
Latin America Nitric Acid Market Size, 2019-2027 (Us$ Mn)
Latin America Nitric Acid Size, 2019-2027 (Us$ Mn)
Latin America Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Latin America Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Brazil Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Brazil Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Argentina Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Argentina Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Mexico Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Mexico Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Colombia Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Colombia Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Latin America Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
Rest of Latin America Nitric Acid Market - Historical, Forecast Market Sizes (US$ MN), By End-user Industry, 2019-2027
09

Company Analysis

  • BASF SE
  • CF Fertilisers UK
  • Colombus Chemicals
  • Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)
  • DuPont de Nemours Inc.
  • Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
  • INEOS
  • LSB INDUSTRIES
  • MAXAMCORP HOLDING SL
  • Mitsubishi Chemical Corporation
  • Nutrien Ltd
  • Sasol Ltd
  • Sinopec Nanjing Chemical Industries Co. Ltd (China Petrochemical Corporation)
  • Sumitomo Chemical Co. Ltd
  • Vijay Gas Industry Pvt. Ltd
  • Yara