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Nitric Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Nitric Acid Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global nitric acid market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global nitric acid market to grow with a CAGR of 1.6% over the forecast period of 2018-2024. The study on nitric acid market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Nitric acid market is majorly used in making of fertilizers, with continuously growing demand for food the demand for fertilizers. Extensive uses of nitric acid market in the chemical and fertilizer industries is driving the growth of nitric acid market worldwide. In addition, extensive uses of nitric acid market in the various end use industries such as metal processing industries, metallurgical Industries, chemical and others are likely to boost the growth of nitric acid market. However, the various governments have some rules and the regulations on the use of ammonium nitrate fertilizers due its hazardous effect on the environment that is expected to act as a restrain for the growth of nitric acid market. Moreover, the rising chemical and fertilizer industries could create huge demand of nitric acid market which in turn could create several opportunities for the nitric acid market in upcoming years.
Among the applications fertilizer segment accounts for the largest market share. Around 75% to 80 % of nitric acid market is used in the manufacturing of the fertilizers. The growing population is the major factor contributing in the growth of fertilizers segment worldwide.
Geographically, Asia pacific dominates the market of nitric acid market in 2017 and expected to dominate the market throughout the forecast period. In the Asia Pacific region, the china is the largest consumer of nitric acid market which consumes around 40 to 50% of total produced nitric acid market. The presence of large agricultural countries such as India, China, and Brazil are likely to boost the growth of nitric acid market in the Asia pacific region.
The report on nitric acid market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global nitric acid market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global nitric acid market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global nitric acid market is segmented on the basis of applications and end use industries.

Global Nitric acid market by Applications
Fertilizers
Nitrobenzene
Adipic Acid
Toulene Di-isocynate
Nitrochlorobenzene
Others
Global Nitric acid market by End Use Industries
Agrochemicals
Automotive
Explosives
Electronics

Company Profiles
BASF SE
The Chemours Company
Eurochem Group
Dyno Nobel
Potash Corp
Sumitomo Chemical Co., Ltd.,
Yara
OCI Nitrogen
CF Industries


How this report delivers?
1. Comprehensive analysis of global as well as regional markets of nitric acid market.
2. Complete coverage of all the segments in nitric acid market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global nitric acid market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on nitric acid market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global nitric acid market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Nitric Acid Market Highlights
2.2. Nitric Acid Market Projection
2.3. Nitric Acid Market Regional Highlights
3. Global Nitric Acid Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Applications
3.4.2. IGR-Growth Matrix Analysis by End Use Industries
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value chain nitric Acid Market
3.6. Import-Export data matrix
4. Nitric Acid Market Macro Indicator Analysis
4.1. Manufacturing Process
5. Global Nitric Acid Market by Applications
5.1. Fertilizers
5.2. Nitrobenzene
5.3. Adipic Acid Market
5.4. Toulene Di-isocynate
5.5. Nitrochlorobenzene
5.6. Others
6. Global Nitric Acid Market by End Use Industries
6.1. Agrochemicals
6.2. Automotive
6.3. Explosives
6.4. Electronics
7. Global Nitric Acid Market by Region 2018-2024
7.1. North America
7.1.1. North America Nitric Acid Market by Applications
7.1.2. North America Nitric Acid Market by End Use Industries
7.1.3. North America Nitric Acid Market by Country
7.2. Europe
7.2.1. Europe Nitric Acid Market by Applications
7.2.2. Europe Nitric Acid Market by End Use Industries
7.2.3. Europe Nitric Acid Market by Country
7.3. Asia-Pacific
7.3.1. Asia-Pacific Nitric Acid Market by Applications
7.3.2. Asia-Pacific Nitric Acid Market by End Use Industries
7.3.3. Asia-Pacific Nitric Acid Market by Country
7.4. RoW
7.4.1. RoW Nitric Acid Market by Applications
7.4.2. RoW Nitric Acid Market by End Use Industries
7.4.3. RoW Nitric Acid Market by Sub-region
8. Company profiles and competitive landscape
8.1. Competitive Landscape in the Global Nitric Acid Market
8.2. Companies Profiles
8.2.1. Basf Se
8.2.1.1. Overview
8.2.1.2. Company Snapshot
8.2.1.3. Financial Snapshot
8.2.1.4. Product portfolio
8.2.1.5. Recent developments
8.2.2. The Chemours Company
8.2.2.1. Overview
8.2.2.2. Company Snapshot
8.2.2.3. Financial Snapshot
8.2.2.4. Product portfolio
8.2.2.5. Recent developments
8.2.3. Eurochem Group
8.2.3.1. Overview
8.2.3.2. Company Snapshot
8.2.3.3. Financial Snapshot
8.2.3.4. Product portfolio
8.2.3.5. Recent developments
8.2.4. Dyno Nobel
8.2.4.1. Overview
8.2.4.2. Company Snapshot
8.2.4.3. Financial Snapshot
8.2.4.4. Product portfolio
8.2.4.5. Recent developments
8.2.5. Potash Corp
8.2.5.1. Overview
8.2.5.2. Company Snapshot
8.2.5.3. Financial Snapshot
8.2.5.4. Product portfolio
8.2.5.5. Recent developments
8.2.6. Sumitomo Chemical Co., Ltd.,
8.2.6.1. Overview
8.2.6.2. Company Snapshot
8.2.6.3. Financial Snapshot
8.2.6.4. Product portfolio
8.2.6.5. Recent developments
8.2.7. Yara
8.2.7.1. Overview
8.2.7.2. Company Snapshot
8.2.7.3. Financial Snapshot
8.2.7.4. Product portfolio
8.2.7.5. Recent developments
8.2.8. CF Industries
8.2.8.1. Overview
8.2.8.2. Company Snapshot
8.2.8.3. Financial Snapshot
8.2.8.4. Product portfolio
8.2.8.5. Recent developments
8.2.9. OCI Nitrogen
8.2.9.1. Overview
8.2.9.2. Company Snapshot
8.2.9.3. Financial Snapshot
8.2.9.4. Product portfolio
8.2.9.5. Recent developments
9. Appendix
9.1. Primary research findings and questionnaire

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