Nitric Acid Market Growing Due to Importance of Asset Management in Industry
The Australia nitric acid market is expected to be valued at US$ 725.3 Mn in 2016 and is expected to grow 1.8X by the end of 2024 to be valued at US$ 1.3 Bn. The market was pegged at 1,723.3 kilotons in 2015 and is anticipated to increase at a CAGR of 7.8% in terms of volume over the forecast period (2016–2024). Nitric acid is the basic raw material used for the production of ammonium nitrate. It also finds application...
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