The Business Research Company’s Nitric Acid Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Nitric Acid Global Market Report 2023 evaluates nitric acid market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global nitric acid market size is expected to grow from $21.09 billion in 2022 to $21.84 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nitric acid market size is expected to grow to $24.35 billion in 2027 at a compound annual growth rate (CAGR) of 2.8%.
The nitric acid market segments in the report are:
1) By Type: Concentrated Nitric Acid, Dilute Nitric Acid
2) By Application: Fertilizers, Nitrobenzene, Adipic Acid, Toluene Diisocyanate (TDI), Nitrochlorobenzene, Other Applications
3) By End-Use Industry: Explosives, Agrochemicals, Electronics, Automotive, Other End-Use Industries
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Top 5 Major Key Players Are:
- BASF SE
- Nutrien Ltd.
- CF Industry Holdings Inc.
- Yara International ASA
- LSB INDUSTRIES
Table Of Contents:
1. Executive Summary
2. Nitric Acid Market Characteristics
3. Nitric Acid Market Trends And Strategies
4. Nitric Acid Market – Macro Economic Scenario
5. Nitric Acid Market Size And Growth
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28. Key Mergers And Acquisitions In The Nitric Acid Market
29. Nitric Acid Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: BASF SE Financial Performance
Table 47: Nutrien Ltd. Financial Performance
Table 48: CF Industry Holdings, Inc Financial Performance
Table 49: Yara International ASA Financial Performance
Table 50: LSB INDUSTRIES Financial Performance
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