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Nitric Acid Market Is Predicted to Reach 14600 Million USD by the End of 2025 - QYResearch

Nitric Acid Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

 

Los Angeles, CA -- (SBWIRE) -- 02/01/2019 -- 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. 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.

The global Nitric Acid market is valued at 11400 million US$ in 2018 is expected to reach 14600 million US$ by the end of 2025, growing at a CAGR of 3.2% during 2019-2025. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

This report focuses on Nitric Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Nitric Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

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The following manufacturers are covered:

Yara

EuroChem

URALCHEM

Orica

PotashCorp

Acron

SBU Azot

OCI

LSB Industries

Dyno Nobel

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Dilute Nitric Acid

Concentrated Nitric Acid

Segment by Application

Fertilizer

Explosives

Polyurethanes

Polyamides

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