Nitric Acid Market Size, Business Growth and Opportunities and Forecasts to 2028 New Report Insights

Latest research report on “Nitric Acid Market” now available at high quality database of with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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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.
This report contains market size and forecasts of Nitric Acid in global, including the following market information:
Global Nitric Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Nitric Acid Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Nitric Acid companies in 2021 (%)
The global Nitric Acid market was valued at 13360 million in 2021 and is projected to reach US$ 16500 million by 2028, at a CAGR of 3.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Dilute Nitric Acid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Nitric Acid include CF Industries Holdings, Yara, EuroChem, URALCHEM, Orica, Nutrien, Acron, SBU Azot and OCI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Nitric Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Nitric Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Nitric Acid Market Segment Percentages, by Type, 2021 (%)
– Dilute Nitric Acid
– Concentrated Nitric Acid
Global Nitric Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Nitric Acid Market Segment Percentages, by Application, 2021 (%)
– Fertilizer
– Explosives
– Polyurethanes
– Polyamides
– Others
Global Nitric Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Nitric Acid Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Nitric Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Nitric Acid revenues share in global market, 2021 (%)
Key companies Nitric Acid sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Nitric Acid sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– CF Industries Holdings
– Yara
– EuroChem
– Orica
– Nutrien
– Acron
– SBU Azot
– LSB Industries
– Dyno Nobel
– CVR Partners
– Nutrien
– Koch
– Shanxi Tianji
– Shanxi Xinghua
– Yunnan Jiehua
– Sinopec (Nanjing)
– Sichuan Gold Elephant
– Anhui JinHe Industrial
– Holitech
– Henan Jinkai
– Shandong Dier-chem
– Liuzhou Chemical
– Jiangsu Huachang Chemical
– Hongda Chemical
– Luguang Chemical
– Hualong Ammonium Nitrate
– Sichuan Chemical
– Fujian Shaohua

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