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Global Refined Nitric Acid Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Sep 25, 2025
Length 144 Pages
SKU # BOSS20443247

Description

Report Overview

Refined nitric acid is a highly corrosive, colorless to pale yellow liquid primarily used in industrial applications, including the production of fertilizers, explosives, dyes, and pharmaceuticals. It is a key chemical derived from the oxidation of ammonia and subsequent absorption in water, with concentrations typically ranging from 68% to 70% for commercial-grade solutions. The market for refined nitric acid is driven by its extensive use in agriculture for ammonium nitrate fertilizers, as well as in the manufacturing of adipic acid for nylon production and nitroaromatics for explosives. Demand is closely linked to industrial growth, particularly in emerging economies where agricultural and construction activities are expanding. However, stringent environmental regulations and safety concerns due to its hazardous nature pose challenges for market growth. The Asia-Pacific region dominates consumption due to large-scale fertilizer production in countries like China and India, while North America and Europe maintain steady demand from specialty chemical and defense sectors. Technological advancements in production processes, such as improved catalytic oxidation methods, are enhancing efficiency and sustainability, influencing competitive dynamics among key producers.

The global Refined Nitric Acid market size was estimated at USD 1252.13 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.45% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Refined Nitric Acid market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Refined Nitric Acid market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Refined Nitric Acid market.

Global Refined Nitric Acid Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

Nissan Chemical

UBE

CCI

Seastar Chemical

FUJIFILM Wako Pure Chemical

GFS Chemicals

Deepak Fertilizers and Petrochemicals

Kaname

Vaisala

Amaris Chemical Solutions

Kanto Kagaku

Shanghai Qianhong Chemical Technology

Market Segmentation (by Type)

60%-70%

70%-80%

90%-99%

Others

Market Segmentation (by Application)

Semiconductor

Trace Metal Analysis

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Refined Nitric Acid Market

Overview of the regional outlook of the Refined Nitric Acid Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Refined Nitric Acid Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Refined Nitric Acid, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

144 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Refined Nitric Acid
1.2 Key Market Segments
1.2.1 Refined Nitric Acid Segment by Type
1.2.2 Refined Nitric Acid Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Refined Nitric Acid Market Overview
2.1 Global Market Overview
2.1.1 Global Refined Nitric Acid Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Refined Nitric Acid Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Refined Nitric Acid Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Refined Nitric Acid Product Life Cycle
3.3 Global Refined Nitric Acid Sales by Manufacturers (2020-2025)
3.4 Global Refined Nitric Acid Revenue Market Share by Manufacturers (2020-2025)
3.5 Refined Nitric Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Refined Nitric Acid Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Refined Nitric Acid Market Competitive Situation and Trends
3.8.1 Refined Nitric Acid Market Concentration Rate
3.8.2 Global 5 and 10 Largest Refined Nitric Acid Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Refined Nitric Acid Industry Chain Analysis
4.1 Refined Nitric Acid Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Refined Nitric Acid Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Refined Nitric Acid Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Refined Nitric Acid Market
5.7 ESG Ratings of Leading Companies
6 Refined Nitric Acid Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Refined Nitric Acid Sales Market Share by Type (2020-2025)
6.3 Global Refined Nitric Acid Market Size Market Share by Type (2020-2025)
6.4 Global Refined Nitric Acid Price by Type (2020-2025)
7 Refined Nitric Acid Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Refined Nitric Acid Market Sales by Application (2020-2025)
7.3 Global Refined Nitric Acid Market Size (M USD) by Application (2020-2025)
7.4 Global Refined Nitric Acid Sales Growth Rate by Application (2020-2025)
8 Refined Nitric Acid Market Sales by Region
8.1 Global Refined Nitric Acid Sales by Region
8.1.1 Global Refined Nitric Acid Sales by Region
8.1.2 Global Refined Nitric Acid Sales Market Share by Region
8.2 Global Refined Nitric Acid Market Size by Region
8.2.1 Global Refined Nitric Acid Market Size by Region
8.2.2 Global Refined Nitric Acid Market Size Market Share by Region
8.3 North America
8.3.1 North America Refined Nitric Acid Sales by Country
8.3.2 North America Refined Nitric Acid Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Refined Nitric Acid Sales by Country
8.4.2 Europe Refined Nitric Acid Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Refined Nitric Acid Sales by Region
8.5.2 Asia Pacific Refined Nitric Acid Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Refined Nitric Acid Sales by Country
8.6.2 South America Refined Nitric Acid Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Refined Nitric Acid Sales by Region
8.7.2 Middle East and Africa Refined Nitric Acid Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Refined Nitric Acid Market Production by Region
9.1 Global Production of Refined Nitric Acid by Region(2020-2025)
9.2 Global Refined Nitric Acid Revenue Market Share by Region (2020-2025)
9.3 Global Refined Nitric Acid Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Refined Nitric Acid Production
9.4.1 North America Refined Nitric Acid Production Growth Rate (2020-2025)
9.4.2 North America Refined Nitric Acid Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Refined Nitric Acid Production
9.5.1 Europe Refined Nitric Acid Production Growth Rate (2020-2025)
9.5.2 Europe Refined Nitric Acid Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Refined Nitric Acid Production (2020-2025)
9.6.1 Japan Refined Nitric Acid Production Growth Rate (2020-2025)
9.6.2 Japan Refined Nitric Acid Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Refined Nitric Acid Production (2020-2025)
9.7.1 China Refined Nitric Acid Production Growth Rate (2020-2025)
9.7.2 China Refined Nitric Acid Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Nissan Chemical
10.1.1 Nissan Chemical Basic Information
10.1.2 Nissan Chemical Refined Nitric Acid Product Overview
10.1.3 Nissan Chemical Refined Nitric Acid Product Market Performance
10.1.4 Nissan Chemical Business Overview
10.1.5 Nissan Chemical SWOT Analysis
10.1.6 Nissan Chemical Recent Developments
10.2 UBE
10.2.1 UBE Basic Information
10.2.2 UBE Refined Nitric Acid Product Overview
10.2.3 UBE Refined Nitric Acid Product Market Performance
10.2.4 UBE Business Overview
10.2.5 UBE SWOT Analysis
10.2.6 UBE Recent Developments
10.3 CCI
10.3.1 CCI Basic Information
10.3.2 CCI Refined Nitric Acid Product Overview
10.3.3 CCI Refined Nitric Acid Product Market Performance
10.3.4 CCI Business Overview
10.3.5 CCI SWOT Analysis
10.3.6 CCI Recent Developments
10.4 Seastar Chemical
10.4.1 Seastar Chemical Basic Information
10.4.2 Seastar Chemical Refined Nitric Acid Product Overview
10.4.3 Seastar Chemical Refined Nitric Acid Product Market Performance
10.4.4 Seastar Chemical Business Overview
10.4.5 Seastar Chemical Recent Developments
10.5 FUJIFILM Wako Pure Chemical
10.5.1 FUJIFILM Wako Pure Chemical Basic Information
10.5.2 FUJIFILM Wako Pure Chemical Refined Nitric Acid Product Overview
10.5.3 FUJIFILM Wako Pure Chemical Refined Nitric Acid Product Market Performance
10.5.4 FUJIFILM Wako Pure Chemical Business Overview
10.5.5 FUJIFILM Wako Pure Chemical Recent Developments
10.6 GFS Chemicals
10.6.1 GFS Chemicals Basic Information
10.6.2 GFS Chemicals Refined Nitric Acid Product Overview
10.6.3 GFS Chemicals Refined Nitric Acid Product Market Performance
10.6.4 GFS Chemicals Business Overview
10.6.5 GFS Chemicals Recent Developments
10.7 Deepak Fertilizers and Petrochemicals
10.7.1 Deepak Fertilizers and Petrochemicals Basic Information
10.7.2 Deepak Fertilizers and Petrochemicals Refined Nitric Acid Product Overview
10.7.3 Deepak Fertilizers and Petrochemicals Refined Nitric Acid Product Market Performance
10.7.4 Deepak Fertilizers and Petrochemicals Business Overview
10.7.5 Deepak Fertilizers and Petrochemicals Recent Developments
10.8 Kaname
10.8.1 Kaname Basic Information
10.8.2 Kaname Refined Nitric Acid Product Overview
10.8.3 Kaname Refined Nitric Acid Product Market Performance
10.8.4 Kaname Business Overview
10.8.5 Kaname Recent Developments
10.9 Vaisala
10.9.1 Vaisala Basic Information
10.9.2 Vaisala Refined Nitric Acid Product Overview
10.9.3 Vaisala Refined Nitric Acid Product Market Performance
10.9.4 Vaisala Business Overview
10.9.5 Vaisala Recent Developments
10.10 Amaris Chemical Solutions
10.10.1 Amaris Chemical Solutions Basic Information
10.10.2 Amaris Chemical Solutions Refined Nitric Acid Product Overview
10.10.3 Amaris Chemical Solutions Refined Nitric Acid Product Market Performance
10.10.4 Amaris Chemical Solutions Business Overview
10.10.5 Amaris Chemical Solutions Recent Developments
10.11 Kanto Kagaku
10.11.1 Kanto Kagaku Basic Information
10.11.2 Kanto Kagaku Refined Nitric Acid Product Overview
10.11.3 Kanto Kagaku Refined Nitric Acid Product Market Performance
10.11.4 Kanto Kagaku Business Overview
10.11.5 Kanto Kagaku Recent Developments
10.12 Shanghai Qianhong Chemical Technology
10.12.1 Shanghai Qianhong Chemical Technology Basic Information
10.12.2 Shanghai Qianhong Chemical Technology Refined Nitric Acid Product Overview
10.12.3 Shanghai Qianhong Chemical Technology Refined Nitric Acid Product Market Performance
10.12.4 Shanghai Qianhong Chemical Technology Business Overview
10.12.5 Shanghai Qianhong Chemical Technology Recent Developments
11 Refined Nitric Acid Market Forecast by Region
11.1 Global Refined Nitric Acid Market Size Forecast
11.2 Global Refined Nitric Acid Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Refined Nitric Acid Market Size Forecast by Country
11.2.3 Asia Pacific Refined Nitric Acid Market Size Forecast by Region
11.2.4 South America Refined Nitric Acid Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Refined Nitric Acid by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Refined Nitric Acid Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Refined Nitric Acid by Type (2026-2033)
12.1.2 Global Refined Nitric Acid Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Refined Nitric Acid by Type (2026-2033)
12.2 Global Refined Nitric Acid Market Forecast by Application (2026-2033)
12.2.1 Global Refined Nitric Acid Sales (K MT) Forecast by Application
12.2.2 Global Refined Nitric Acid Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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