
Nitric Acid Market by Application (Adipic Acid, Fertilizers, Nitrobenzene), End Use (Agrochemicals, Automotive, Electronics) - Global Forecast 2024-2030
Description
Nitric Acid Market by Application (Adipic Acid, Fertilizers, Nitrobenzene), End Use (Agrochemicals, Automotive, Electronics) - Global Forecast 2024-2030
The Nitric Acid Market size was estimated at USD 15.45 billion in 2023 and expected to reach USD 16.15 billion in 2024, at a CAGR 4.66% to reach USD 21.25 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Nitric Acid Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Nitric Acid Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Nitric Acid Market, highlighting leading vendors and their innovative profiles. These include Air Liquide UK Limited, BASF SE, CF Industries Holdings, Inc., DuPont de Nemours, Inc., Dyno Nobel by Incitec Pivot Limited, EuroChem Group AG, Nutrien Ltd., OCI N.V., Omnia Holding Limited, Rashtriya Chemicals & Fertilizers Ltd., Solvay S.A., Sumitomo Chemical Co., Ltd., The Dow Chemical Company, Thyssenkrupp AG, and Yara International ASA.
Market Segmentation & Coverage
This research report categorizes the Nitric Acid Market to forecast the revenues and analyze trends in each of the following sub-markets:
Application
Adipic Acid
Fertilizers
Nitrobenzene
Nitrochlorobenzene
Toulene Di-isocynate
End Use
Agrochemicals
Automotive
Electronics
Explosives
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Nitric Acid Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Nitric Acid Market?
3. What are the technology trends and regulatory frameworks in the Nitric Acid Market?
4. What is the market share of the leading vendors in the Nitric Acid Market?
5. Which modes and strategic moves are suitable for entering the Nitric Acid Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
189 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Nitric Acid Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Consumption of AN in explosives and blasting agent applications
- 5.1.1.2. Increasing demand from automobile industry
- 5.1.1.3. Growth in demand of aniline in various end use industries like pharmaceutical
- 5.1.2. Restraints
- 5.1.2.1. Growth in environmental regulation by the government
- 5.1.3. Opportunities
- 5.1.3.1. Development and commercialization of bio-based adipic acid
- 5.1.3.2. Rising demand for nitric acid from the fertilizer industry
- 5.1.4. Challenges
- 5.1.4.1. Health-related hazards caused by nitric acid
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Nitric Acid Market, by Application
- 6.1. Introduction
- 6.2. Adipic Acid
- 6.3. Fertilizers
- 6.4. Nitrobenzene
- 6.5. Nitrochlorobenzene
- 6.6. Toulene Di-isocynate
- 7. Nitric Acid Market, by End Use
- 7.1. Introduction
- 7.2. Agrochemicals
- 7.3. Automotive
- 7.4. Electronics
- 7.5. Explosives
- 8. Americas Nitric Acid Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Nitric Acid Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. Singapore
- 9.10. South Korea
- 9.11. Taiwan
- 9.12. Thailand
- 9.13. Vietnam
- 10. Europe, Middle East & Africa Nitric Acid Market
- 10.1. Introduction
- 10.2. Denmark
- 10.3. Egypt
- 10.4. Finland
- 10.5. France
- 10.6. Germany
- 10.7. Israel
- 10.8. Italy
- 10.9. Netherlands
- 10.10. Nigeria
- 10.11. Norway
- 10.12. Poland
- 10.13. Qatar
- 10.14. Russia
- 10.15. Saudi Arabia
- 10.16. South Africa
- 10.17. Spain
- 10.18. Sweden
- 10.19. Switzerland
- 10.20. Turkey
- 10.21. United Arab Emirates
- 10.22. United Kingdom
- 11. Competitive Landscape
- 11.1. FPNV Positioning Matrix
- 11.2. Market Share Analysis, By Key Player
- 11.3. Competitive Scenario Analysis, By Key Player
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.1.1. Air Liquide UK Limited
- 12.1.2. BASF SE
- 12.1.3. CF Industries Holdings, Inc.
- 12.1.4. DuPont de Nemours, Inc.
- 12.1.5. Dyno Nobel by Incitec Pivot Limited
- 12.1.6. EuroChem Group AG
- 12.1.7. Nutrien Ltd.
- 12.1.8. OCI N.V.
- 12.1.9. Omnia Holding Limited
- 12.1.10. Rashtriya Chemicals & Fertilizers Ltd.
- 12.1.11. Solvay S.A.
- 12.1.12. Sumitomo Chemical Co., Ltd.
- 12.1.13. The Dow Chemical Company
- 12.1.14. Thyssenkrupp AG
- 12.1.15. Yara International ASA
- 12.2. Key Product Portfolio
- 13. Appendix
- 13.1. Discussion Guide
- 13.2. License & Pricing
- FIGURE 1. NITRIC ACID MARKET RESEARCH PROCESS
- FIGURE 2. NITRIC ACID MARKET SIZE, 2023 VS 2030
- FIGURE 3. NITRIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. NITRIC ACID MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. NITRIC ACID MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. NITRIC ACID MARKET DYNAMICS
- FIGURE 7. NITRIC ACID MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 8. NITRIC ACID MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. NITRIC ACID MARKET SIZE, BY END USE, 2023 VS 2030 (%)
- FIGURE 10. NITRIC ACID MARKET SIZE, BY END USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AMERICAS NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 12. AMERICAS NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. UNITED STATES NITRIC ACID MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 14. UNITED STATES NITRIC ACID MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. NITRIC ACID MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 20. NITRIC ACID MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.