Los Angeles, CA -- (SBWire) -- 07/09/2019 --This report researches the worldwide Nitric Acid market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Nitric Acid breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. It is a strong oxidizing agent. It ionizes readily in solution, forming a good conductor of electricity. It is miscible with water in all proportions. Nitric acid is a clear to slightly yellow aqueous solution that has been treated to remove most free nitrogen oxides. This highly corrosive intermediate chemical is a strong mineral acid used in the production of nitrate based fertilizers, nylon precursors and other specialty chemicals. In this report we converting the different concentration of nitric acid into 100, namely in this report we counting the nitric acid(100%)'s capacity, production price and other items.
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. The main application of nitric acid is in the production of nitrogen fertilizers. Considerable quantities are also used in the chemical synthesis of intermediate products in the production of such things as dyes, drugs, and explosives.
The global production of nitric acid reached 42085 K MT by the end of year 2016. In the world wide, the top five manufacturers of nitric acid are CF Industries Holdings, Yara, EuroChem, URALCHEM and Orica.
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The manufacturers of nitric acid are concentrated in America, Europe and China. Europe is the largest consumer in the world, which occupied about 32.65% in 2016.
Global Nitric Acid market size will increase to 14600 Million US$ by 2025, from 11400 Million US$ in 2017, at a CAGR of 3.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Nitric Acid.
This report focuses on the top manufacturers' Nitric Acid capacity, production, value, price and market share of Nitric Acid in global market. The following manufacturers are covered in this report:
CF Industries Holdings
Yara
EuroChem
URALCHEM
Orica
PotashCorp
Acron
SBU Azot
OCI
LSB Industries
Dyno Nobel
CVR Partners
Nitric Acid Breakdown Data by Type
Dilute Nitric Acid
Concentrated Nitric Acid
Nitric Acid Breakdown Data by Application
Fertilizer
Explosives
Polyurethanes
Polyamides
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Nitric Acid Market Growth Prospects Analysis, Landscape Analysis, and Future Strategic Planning by 2025