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Global Nitric Acid Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Publisher DIResearch
Published Jul 10, 2025
Length 165 Pages
SKU # DIR20257989

Description

Market Overview

According to DIResearch's in-depth investigation and research, the global Nitric Acid market size will reach 15,356 Million USD in 2025 and is projected to reach 19,696 Million USD by 2032, with a CAGR of 3.62% (2025-2032). Notably, the China Nitric Acid market has changed rapidly in the past few years. By 2025, China's market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Nitric acid, also known as aqua fortis or spirit of nitre, is a highly corrosive and strong mineral acid. It is composed of nitrogen, oxygen, and hydrogen, with the chemical formula HNO3. Nitric acid is a colorless liquid that has a sharp, pungent odor. It is extensively used in various industries, including chemical manufacturing, metals refining, and explosives production. Nitric acid is highly reactive and can act as both an oxidizing agent and a strong acid. It is known for its ability to dissolve many metals, such as copper and silver, and is commonly used in the etching and cleaning of metal surfaces. In addition, nitric acid plays a crucial role in the production of fertilizers, dyes, pharmaceuticals, and synthetic fibers. While nitric acid has numerous industrial applications, it is important to handle it with caution, as it can cause severe burns and environmental hazards.

The major global  manufacturers of Nitric Acid include CF Industries Holdings, Yara, EuroChem, URALCHEM, Orica, Nutrien, Acron, SBU Azot, OCI, LSB Industries, Dyno Nobel, CVR Partners, Nutrien, Koch, Shaanxi Xinghua Chemistry, Sinopec (Nanjing), Sichuan Gold Elephant, Anhui JinHe Industrial, Holitech, Henan Jinkai Chemical, Shandong Dier-chem, Liuzhou Chemical, Jiangsu Huachang Chemical, Hongda Chemical, Luguang Chemical, Hualong Ammonium Nitrate, Sichuan Chemical, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Nitric Acid. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Nitric Acid market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Nitric Acid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Nitric Acid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Nitric Acid Include:

CF Industries Holdings

Yara

EuroChem

URALCHEM

Orica

Nutrien

Acron

SBU Azot

OCI

LSB Industries

Dyno Nobel

CVR Partners

Nutrien

Koch

Shaanxi Xinghua Chemistry

Sinopec (Nanjing)

Sichuan Gold Elephant

Anhui JinHe Industrial

Holitech

Henan Jinkai Chemical

Shandong Dier-chem

Liuzhou Chemical

Jiangsu Huachang Chemical

Hongda Chemical

Luguang Chemical

Hualong Ammonium Nitrate

Sichuan Chemical

Nitric Acid Product Segment Include:

Dilute Nitric Acid

Concentrated Nitric Acid

Nitric Acid Product Application Include:

Fertilizer

Explosives

Polyurethanes

Polyamides

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Nitric Acid Capacity and Production Analysis

Chapter 3: Global Nitric Acid Industry PESTEL Analysis

Chapter 4: Global Nitric Acid Industry Porter's Five Forces Analysis

Chapter 5: Global Nitric Acid Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Nitric Acid Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Nitric Acid Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Nitric Acid Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources

Table of Contents

165 Pages
1 Nitric Acid Market Overview
1.1 Product Definition and Statistical Scope
1.2 Nitric Acid Product by Type
1.2.1 Dilute Nitric Acid
1.2.2 Concentrated Nitric Acid
1.3 Nitric Acid Product by Application
1.3.1 Fertilizer
1.3.2 Explosives
1.3.3 Polyurethanes
1.3.4 Polyamides
1.3.5 Others
1.4 Global Nitric Acid Market Revenue and Sales Analysis
1.4.1 Global Nitric Acid Revenue Market Size Analysis (2020-2032)
1.4.2 Global Nitric Acid Sales Market Sales Analysis (2020-2032)
1.4.3 Global Nitric Acid Market Sales Price Trend Analysis (2020-2032)
1.5 Nitric Acid Market Development Status and Trends
1.5.1 Nitric Acid Industry Development Status Analysis
1.5.2 Nitric Acid Industry Development Trends Analysis
2 Global Nitric Acid Capacity and Production Analysis
   2.1 Global Nitric Acid Capacity, Production and Utilization (2020-2032)
   2.2 Global Nitric Acid Production Growth Trend by Region: 2024 VS 2025 VS 2032
   2.3 Global Nitric Acid Production by Region
2.3.1 Global Nitric Acid Production by Region (2020-2025)
2.3.2 Global Nitric Acid Production Forecast by Region (2026-2032)
2.3.3 Global Nitric Acid Production Market Share by Region (2020-2032)
3 Nitric Acid Market PESTEL Analysis
3.1 Political Factors Analysis
3.2 Economic Factors Analysis
3.3 Social Factors Analysis
3.4 Technological Factors Analysis
3.5 Environmental Factors Analysis
3.6 Legal Factors Analysis
4 Nitric Acid Market Porter's Five Forces Analysis
4.1 Competitive Rivalry
4.2 Threat of New Entrants
4.3 Bargaining Power of Suppliers
4.4 Bargaining Power of Buyers
4.5 Threat of Substitutes
5 Global Nitric Acid Market Analysis by Country
5.1 Global Nitric Acid Market Size Analysis by Country: 2024 VS 2025 VS 2032
5.1.1 Global Nitric Acid Revenue and Market Share by Country (2020-2025)
5.1.2 Global Nitric Acid Revenue and Market Share Forecast by Country (2026-2032)
5.2 Global Nitric Acid Sales Analysis by Country: 2024 VS 2025 VS 2032
5.2.1 Global Nitric Acid Sales and Market Share by Country (2020-2025)
5.2.2 Global Nitric Acid Sales and Market Share Forecast by Country (2026-2032)
5.3 United States Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.4 Germany Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.5 Japan Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.6 China Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.7 France Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.8 U.K. Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.9 South Korea Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.10 Canada Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.11 Italy Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.12 Russia Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.13 Mexico Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.14 Brazil Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.15 India Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.16 Vietnam Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.17 Thailand Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
5.18 South Africa Nitric Acid Market Sales, Revenue and Growth Rate (2020-2032)
6 Competition by Manufacturers
6.1 Global Nitric Acid Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
6.1.1 Global Nitric Acid Market Sales by Key Manufacturers (2021-2025)
6.1.2 Global Nitric Acid Market Revenue by Key Manufacturers (2021-2025)
6.1.3 Global Nitric Acid Average Sales Price by Manufacturers (2021-2025)
6.2 Nitric Acid Competitive Landscape Analysis and Market Dynamic
6.2.1 Nitric Acid Competitive Landscape Analysis
6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
6.2.3 Market Dynamic
7 Nitric Acid Market Analysis by Type
7.1 Global Nitric Acid Market Revenue Analysis by Type
7.1.1 Global Nitric Acid Market Size Analysis by Type: 2024 & 2025 & 2032
7.1.2 Global Nitric Acid Revenue and Forecast Analysis by Type (2020-2032)
7.2 Global Nitric Acid Market Sales and Forecast Analysis by Type (2020-2032)
7.3 Global Nitric Acid Sales Price Trend Analysis by Type (2020-2032)
8 Key Companies Analysis
8.1 CF Industries Holdings
8.1.1 CF Industries Holdings Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.1.2 CF Industries Holdings Nitric Acid Product Portfolio
8.1.3 CF Industries Holdings Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.2 Yara
8.2.1 Yara Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.2.2 Yara Nitric Acid Product Portfolio
8.2.3 Yara Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.3 EuroChem
8.3.1 EuroChem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.3.2 EuroChem Nitric Acid Product Portfolio
8.3.3 EuroChem Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.4 URALCHEM
8.4.1 URALCHEM Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.4.2 URALCHEM Nitric Acid Product Portfolio
8.4.3 URALCHEM Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.5 Orica
8.5.1 Orica Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.5.2 Orica Nitric Acid Product Portfolio
8.5.3 Orica Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.6 Nutrien
8.6.1 Nutrien Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.6.2 Nutrien Nitric Acid Product Portfolio
8.6.3 Nutrien Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.7 Acron
8.7.1 Acron Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.7.2 Acron Nitric Acid Product Portfolio
8.7.3 Acron Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.8 SBU Azot
8.8.1 SBU Azot Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.8.2 SBU Azot Nitric Acid Product Portfolio
8.8.3 SBU Azot Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.9 OCI
8.9.1 OCI Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.9.2 OCI Nitric Acid Product Portfolio
8.9.3 OCI Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.10 LSB Industries
8.10.1 LSB Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.10.2 LSB Industries Nitric Acid Product Portfolio
8.10.3 LSB Industries Nitric Acid Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8.11 Dyno Nobel
8.11.1 Dyno Nobel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
8.11.2 Dyno Nobel Nitric Acid Product Portfolio
8.11.3 D
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