Global Nitric Acid Market Size, Industry Analysis Report, Players like Yara, EuroChem, URALCHEM, Orica, PotashCorp, Acron

Nitric acid (HNO3), also known as aqua Fortis and spirit of niter, is a highly corrosive mineral acid.The pure compound is colorless, but older samples tend to acquire a yellow cast due to decomposition into oxides of nitrogen and water. Most commercially available nitric acid has a concentration of 68% in water. Nitric acid is used as a reagent in nitration reactions. Few of the Nitric Acid Market based compounds are unstable and are generally sued in explosives while the stable compounds are used in manufacturing of paints, dyes and pigments. Commercially, nitric acid is manufactured through Ostwald’s process in which there is catalytic oxidation of anhydrous ammonia.

The global report titled as Nitric Acid Market has recently added by CMFE Insights to its huge repository and can be used to gain effective insights into the businesses. It helps to mark the current scenario and historical developments of the market. The global Nitric Acid sector has been examined on the basis of key elements such as products or services, applications, end-users, and technologies. It has been amassed by using primary and secondary research methodologies. Expanding utilization of the item in the substance and compost businesses is probably going to feed advertise development Flooding interest for ammonium nitrate as a compost in the horticulture business is additionally evaluated to drive the market.

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 The Report includes Several Company Profiles of who are market key players:

  • CF Industries Holdings
  • Yara
  • EuroChem
  • URALCHEM
  • Orica
  • PotashCorp
  • Acron
  • SBU Azot
  • OCI
  • LSB Industries
  • Dyno Nobel
  • CVR Partners
  • Agrium
  • 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

There has been a healthy growth of the Nitric Acid Market after considering the key drivers, hindrances, opportunities, and the approaching patterns of the key contenders. The competitive landscape forms a vital part of the report as it demonstrates the present day strategies undertaken by the fellow businesses to channelize their growth. Their business tactics, collaborations with the other market players, merger and acquisition activities are undertaken by them, research and development activities and technological advancements made

Nitric Acid Market by region:

  • North America
    • US
    • Canada
  • Europe
    • France, Germany, Italy, Spain, and the UK
    • Eastern Europe
    • CIS
  • APAC
    • China
    • India
    • Japan
    • Australia
    • Others
  • Latin America
    • Argentina
    • Brazil
    • Others

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The Nitric Acid Market is inferred through broad utilization of auxiliary, essential, in-house research pursued by master approval and outsider point of view, for example, investigator reports of speculation banks. The auxiliary research is the essential base of our investigation wherein we directed broad information mining, alluding to checked information sources, for example, white papers, government and administrative distributed articles, specialized diaries, exchange magazines, and paid information sources.

Market by Type

  • Dilute nitric acid
  • Concentrated nitric acid

Market by Application

  • Fertilizer
  • Explosives
  • Polyurethanes
  • Polyamides
  • Others

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