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Global Nitric Acid Market 2017-2021

Global Nitric Acid Market 2017-2021

About Nitric Acid

Nitric acid is used as an intermediate in the manufacture of polyurethane (PU) foams. There is an increasing demand for PU foams in transportation, furniture and bedding, and construction industries. The expanding market for nitric acid is attributed to its extensive use in fertilizers and production of adipic acid, TDI, nitrobenzene, and nitrochlorobenzene.

Technavio’s analysts forecast the global nitric acid market to grow at a CAGR of 2.89% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global nitric acid market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of nitric acid.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Nitric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Agrium
  • BASF
  • Dyno Nobel
  • LSB Industries
  • The Dow Chemical Company
Other prominent vendors
  • Apache Nitrogen Products
  • CF Industries
  • Ixom
  • Rashtriya Chemicals & Fertilizers
  • Rentech
  • Sasol
  • Simplot
Market driver
  • Increasing use of polyurethane foam
  • For a full, detailed list, view our report
Market challenge
  • NOx emission during adipic acid production
  • For a full, detailed list, view our report
Market trend
  • Growth in bedding and furniture industry driven by expanding population
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research Methodology
    • Key market highlights
      • Table Ostwald's process for industrial preparation of ammonia
  • Market landscape
    • Global nitric acid market
      • Table Global nitric acid market 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market 2016-2021
  • Market segmentation by application
    • Global nitric acid market by application
      • Table Global nitric acid market by application 2016
      • Table Global nitric acid market by application 2021
    • Global nitric acid market in fertilizers
      • Table Global nitric acid market in fertilizers 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market in fertilizers 2016-2021
    • Global nitric acid market in nitrobenzene
      • Table Global nitric acid market in nitrobenzene 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market in nitrobenzene 2016-2021
    • Global nitric acid market in TDI
      • Table Global nitric acid market in TDI 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market in TDI 2016-2021
    • Global nitric acid market in adipic acid
      • Table Global nitric acid market in adipic acid 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market in adipic acid 2016-2021
    • Global nitric acid market in nitrochlorobenzene
      • Table Global nitric acid market in nitrochlorobenzene 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market in nitrochlorobenzene 2016-2021
    • Global nitric acid market in other applications
      • Table Global nitric acid market in other applications 2016 and 2021 (kilotons)
      • Table Market forecast: Global nitric acid market in other applications 2016-2021
  • Geographical segmentation
    • Global nitric acid market by geography
      • Table Global nitric acid market by geography 2016
      • Table Global nitric acid market by geography 2021
    • Nitric acid market in Europe
      • Table Nitric acid market in Europe 2016 and 2021 (kilotons)
      • Table Market forecast: Nitric acid market in Europe 2016-2021
    • Nitric acid market in APAC
      • Table Nitric acid market in APAC 2016 and 2021 (kilotons)
      • Table Market forecast: Nitric acid market in APAC 2016-2021
    • Nitric acid market in Americas
      • Table Nitric acid market in Americas 2016 and 2021 (kilotons)
      • Table Market forecast: Nitric acid market in Americas 2016-2021
    • Nitric acid market in ROW
      • Table Nitric acid market in ROW 2016 and 2021 (kilotons)
      • Table Market forecast: Nitric acid market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global motor vehicle sales 2015-2020 (millions of units)
      • Table Global passenger vehicle sales 2015-2020 (millions of units)
      • Table Global commercial vehicle sales 2015-2020 (millions of units)
      • Table Motorcycle tires by volume 2016-2021 (%)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Economic growth in APAC
    • Abundant use of fertilizers
    • Growth in bedding and furniture industry driven by expanding population
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global nitric acid market
    • Agrium
    • BASF
      • Table BASF: Business segmentation by revenue 2015
      • Table BASF: Geographical segmentation by revenue 2015
    • Dyno Nobel
    • LSB Industries
      • Table LSB Industries: End-user segmentation by revenue 2015
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2015
      • Table The Dow Chemical Company: Geographical segmentation by revenue 2015
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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