Nitric Acid Market Analysis by Grade, Applications, Global Opportunity, Share, Trends, Challenges Analysis and Industry Forecast (2018-2023)

 

Nitric Acid introduction         


“Nitric Acid” is pale yellow to reddish brown liquid also known as Aqua Fortis having suffocating odor. Industrially used in the concentration of 68% in water. It is also known as fuming acid when the solution contain concentration of more than 86%, with the variation in nitrogen dioxide in fuming acid leads to color change like white color for more than 95% concentration & red colour for more than 86% concentration. The major part of nitric acid is used in Fertilizer industry as in direct application or as an intermediate for other (ammonium nitrate & calcium ammonium nitrate) fertilizer synthesis. 


Ostwald process is the chief methodology for its industrial production. It is also used in synthesis of plastic, dye & explosive etc. Nitric acid is also used in the production of Adipic acid. Adipic acid is used in production of nylon 6, 6 which is used in various end-user industries such as automotive, textiles and rubber among others. Nitric acid is also used as an intermediate in production of Toluene-Diisocyanate (TDI) which is used in manufacturing of polyurethane foams which are used in automotive, transpiration, carpet and furniture industry. However, the market is likely to hinder in near future owing to environmental and health hazards associated with the nitric acid industry.


Report description

This report represents the global and regional analysis of Nitric Acid in terms of application (Agrochemical, Automotive, Adipic Acid Synthesis, Toulene-Diiocyante Synthesis etc.) Wise segmentation, market size & market growth (in terms of value & volume) trends including forecasting upto 5 years. All the region wise segmentation of buyer supplier is described properly. The  report focuses on the top continent Wise (North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa) manufacturer & buyers also.


“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


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Top Players in Nitric Acid industry

  • Agrium Inc
  • AkzoNobel NV
  • Apache Nitrogen Products Inc
  • BASF SE
  • Basic Chemical Solutions LLC
  • Bayer AG
  • Borealis AG
  • CF Industries Holdings, Inc
  • ChemChina
  • Deepak Fertilisers and Petrochemicals Co .Ltd
  • Du Pont
  • Dyno Nobel
  • Eurochem Group
  • Hanwha Group
  • Koch Fertilizer LLC
  • LSB Industries Inc
  • LyondellBasell Industries
  • OCI Nitrogen
  • Omnia Holdings
  • Potash Corporation of Saskatchewan Inc
  • PVS Chemicals
  • Rashtriya Chemicals and Fertilizers Ltd
  • Sasol Limited
  • Sumitomo Chemical Co., Ltd.
  • The Chemours Company
  • The Dow Chemical Company
  • Ube Industries Limited
  • Yara International ASA


Report highlights

  • Provide manufacturing capacity, consumption, current & past status & also the forecasting upto 2023.
  • Provide complete overview including type, application & forecast region.
  • Provide focused analysis of key manufacturer with their production volume, market share & also help to identify market competition landscape with SWOT analysis.
  • Historical, current and projected market size in terms of volume and value.
  • Analyze the global & regional potential market, advantages, risk & opportunity.
  • Identify significant trends and factors driving or inhibiting the market growth.
  • In-depth coverage of complete market in terms of supplier, buyer, price, trend, growth & forecasting.

 

The report covers Nitric Acid end use application industry

  • Nitric Acid In Agrochemical Industry
  • Nitric Acid In Automotive Industry
  • Nitric Acid In Explosive Industry
  • Nitric Acid In Other Industry

 

The report covers Application analysis on

  • Nitric Acid In Ammonium Nitrate Synthesis
  • Nitric Acid In Adipic Acid Synthesis
  • Nitric Acid In Nitrochlorobenzene Synthesis
  • Nitric Acid In Toluene Diisocyanate Synthesis

 

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Forecasting
  • Technology

 

The report includes regional analysis on

  • North America (U.S., Canada & Rest of North America)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain & Rest of Europe)
  • Asia Pacific  (China, India, ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, North Africa & Rest of MEA Available)

 

Key Questions answered by report

  • What was the market size trend of 2015-2017?
  • What will be the market size trend of next 4-5 years?
  • What are the major application industries & emerging industries?
  • Who are the key vendors present in the market?
  • How the future opportunities & market drivers will affect the market dynamics & ongoing trends?
  • Which one segment from global coverage will be lucrative & will grow?
  • What are the main market opportunities and threats faced by the vendors?
  • What are the strategies are following by the existing market players?

About SPER Market Research:

SPER Market Research is one of the world’s most trusted market research, market intelligence, and consulting companies offering strategic research, custom research, market intelligence solutions, quantitative data collection, qualitative fieldwork, online research panel and consumer research. Headquartered in Noida city, the company has offices worldwide, and provides strategic & consulting services.

SPER Market Research is amongst the top market research company and we have served over 20 industries, with core offerings in Pharmaceutical/Healthcare, Business to Business research (B2B), Nutraceuticals, Food & Beverages, Cosmetic, Dermatology, Dental, Herbal, Chemical, Consumer, Information Technology and other industries.

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