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

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  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...