PUBLISHER: The Business Research Company | PRODUCT CODE: 1682003
PUBLISHER: The Business Research Company | PRODUCT CODE: 1682003
Calcium nitrate is a granular solid chemical compound known for its high water solubility and chemical formula Ca(NO3)2. Typically white or whitish-grey, it is commonly employed as a fertilizer in agriculture and serves as a component in various industrial processes, including wastewater treatment, concrete manufacturing, and pyrotechnics.
The primary forms of calcium nitrate are liquid, melt, and crystals. Liquid calcium nitrate pertains to a solution of calcium nitrate (Ca(NO3)2) in water, involving diverse processes such as limestone, phosphate rock, and ammonium nitrate for applications such as fertilizer, wastewater treatment, concrete production, explosives, refrigeration, and more. Its usage extends to aerospace components, automotive parts, logging equipment, boring and cutting machinery, electrical and electronic appliances, among others.
The calcium nitrate market research report is one of a series of new reports from The Business Research Company that provides calcium nitrate market statistics, including calcium nitrate industry global market size, regional shares, competitors with a calcium nitrate market share, detailed calcium nitrate market segments, market trends and opportunities, and any further data you may need to thrive in the calcium nitrate industry. This calcium nitrate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The calcium nitrate market size has grown strongly in recent years. It will grow from $7.84 billion in 2024 to $8.33 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to demand for high-quality produce, agricultural industry growth, shift towards water-soluble fertilizers, industrial applications, advancements in agriculture practices.
The calcium nitrate market size is expected to see strong growth in the next few years. It will grow to $10.45 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to environmental concerns and sustainable agriculture, shift in consumer preferences, rise in horticulture and floriculture demand, focus on sustainable agriculture, growing awareness of soil health. Major trends in the forecast period include precision agriculture adoption, organic agriculture practices, hydroponics and soilless cultivation, focus on crop quality enhancement, adoption of controlled-release fertilizers.
The increasing demand for fertilizers is expected to drive the growth of the calcium nitrate market in the future. Fertilizers are substances or mixtures applied to soil, plants, or crops to provide essential nutrients needed for plant growth and development. Calcium nitrate is a multifunctional fertilizer that supplies both nitrogen and calcium to crops, enhancing the quality of fruits and vegetables. For example, in September 2023, Statistics Canada, a national statistical office, reported that fertilizer sales in May 2023 rose by nearly one-third (29.1%) compared to the previous year, reaching a record monthly high of $1.8 billion. As a result, the growing demand for fertilizers is set to boost the calcium nitrate market.
The increasing requirement for wastewater treatment facilities is anticipated to contribute to the growth of the calcium nitrate market. Wastewater treatment facilities, designed to treat and purify wastewater from various sources, utilize calcium nitrate for contaminant removal, pH adjustment, and odor control. Factors such as stringent environmental regulations, urbanization, sustainability initiatives, and the need for clean water drive the adoption of calcium nitrate in wastewater treatment. Globally, 80% of wastewater flows back into the ecosystem untreated, posing risks to around 1.8 billion people who use contaminated water sources. Therefore, the rising need for wastewater treatment facilities is a key driver of the calcium nitrate market's growth.
Key players in the calcium nitrate market are introducing innovative products, such as granules, to enhance efficiency and effectiveness in agriculture and gardening. Granules are small, rounded particles or pellets commonly used as fertilizers, offering easy application and controlled nutrient release in soil. For example, in August 2022, Acron Group, a chemicals manufacturing company based in Russia, launched a new calcium nitrate unit. The facility in Veliky Novgorod produces 100,000 tons of granulated calcium nitrate annually, with an investment of approximately RUB 1.5 billion. This new unit strengthens the company's fertilizer portfolio and promotes sustainable agricultural practices.
In April 2022, Casale SA, a Switzerland-based company specializing in integrated solutions for fertilizer and chemical production, acquired Green Granulation for an undisclosed amount. This strategic acquisition is expected to strengthen Casale's market position and leverage an integrated portfolio of efficient technologies. Green Granulation, based in Hong Kong, is known for designing and constructing urea and calcium ammonium nitrate (CAN) granulation systems.
Major companies operating in the calcium nitrate market report are SABIC Limited, Sumitomo Chemicals Co. Ltd., Yara International ASA, Syngenta Crop Protection AG, Sasol Limited, Borealis AG, EuroChem Group AG, Nutrien Ltd., CF Industries Holdings Inc., Orica Limited, KRONOS Worldwide Inc., Anhui Jinhe Industrial Co. Ltd., Achema AB, Fertiberia SA, Haifa Group, Prathista Industries Limited, Ako Kasei Co. Ltd., TIB Chemicals AG, Airedale Chemical Co.Ltd., GFS Chemicals Inc., Agrico Canada L.P, Jiaocheng Sanxi Chemical Co. Ltd., ProChem Inc., Noah Technologies Corporation, Sterling Chemicals, ChemSol LLC, Barium and Chemicals Inc., Blue Line Corporation
North America was the largest region in the calcium nitrate market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calcium nitrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the calcium nitrate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The calcium nitrate market consists of sales of calcium nitrate tetrahydrate, Southern AG calcium nitrate, Cal-urea, and calcium nitrate solution. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Calcium Nitrate Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on calcium nitrate market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for calcium nitrate ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The calcium nitrate market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.