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PUBLISHER: Transparency Market Research | PRODUCT CODE: 1487629
PUBLISHER: Transparency Market Research | PRODUCT CODE: 1487629
Nitric Acid Market (Application: Fertilizers, Nitrobenzene, Toluene Diisocyanate, Adipic Acid, Metal Processing, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034
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PAGES: 170 Pages
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Nitric Acid Market - Scope of Report
TMR's report on the global nitric acid market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global nitric acid market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global nitric acid market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the nitric acid market.
| Market Snapshot | |
|---|---|
| Market Value in 2023 | US$ 19.8 Bn |
| Market Value in 2034 | US$ 31 Bn |
| CAGR | 4.2% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global nitric acid market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global nitric acid market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global nitric acid market.
The report delves into the competitive landscape of the global nitric acid market. Key players operating in the global nitric acid market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global nitric acid market profiled in this report.
Key Questions Answered in Global nitric acid Market Report:
- What is the sales/revenue generated by nitric acid across all regions during the forecast period?
- What are the opportunities in the global nitric acid market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Nitric Acid Market - Research Objectives and Research Approach
The comprehensive report on the global nitric acid market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global nitric acid market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global nitric acid market.
Product Code: TMRGL5126
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Key Facts and Figures
- 1.4. Trends Impacting Market
- 1.5. TMR's Growth Opportunity Wheel
2. Market Overview
- 2.1. Market Segmentation
- 2.2. Key Developments
- 2.3. Market Definitions
- 2.4. Key Market Trends
- 2.5. Market Dynamics
- 2.5.1. Drivers
- 2.5.2. Restraints
- 2.5.3. Opportunities
- 2.6. Global Nitric Acid Market Analysis and Forecast, 2020 - 2034
- 2.6.1. Global Nitric Acid Market Revenue (US$ Mn)
- 2.7. Porter's Five Forces Analysis
- 2.8. Regulatory Landscape
- 2.9. Value Chain Analysis
- 2.9.1. List of Raw Material Suppliers
- 2.9.2. List of Key Manufacturers
- 2.9.3. List of Key Suppliers
- 2.9.4. List of Potential Customers
- 2.10. Product Specification Analysis
- 2.11. Production Overview
- 2.12. Cost Structure Analysis
3. Economic Recovery Analysis Post COVID-19 Impact
- 3.1. Impact on Supply Chain of Nitric Acid
- 3.2. Recovery in Demand for Nitric Acid - Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Price Trend Analysis and Forecast (US$/Ton), 2020 - 2034
- 5.1. Price Trend Analysis by Application
- 5.2. Price Trend Analysis by Region
6. Global Nitric Acid Market Analysis and Forecast, by Application, 2020 - 2034
- 6.1. Introduction and Definitions
- 6.2. Global Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 6.2.1. Fertilizers
- 6.2.2. Nitrobenzene
- 6.2.3. Toluene Diisocyanate (TDI)
- 6.2.4. Adipic Acid
- 6.2.5. Metal Processing
- 6.2.6. Others
- 6.3. Global Nitric Acid Market Attractiveness, by Application
7. Global Nitric Acid Market Analysis and Forecast, by Region, 2020 - 2034
- 7.1. Key Findings
- 7.2. Global Nitric Acid Market Value (US$ Mn) Forecast, by Region, 2020 - 2034
- 7.2.1. North America
- 7.2.2. Europe
- 7.2.3. Asia Pacific
- 7.2.4. Latin America
- 7.2.5. Middle East & Africa
- 7.3. Global Nitric Acid Market Attractiveness, by Region
8. North America Nitric Acid Market Analysis and Forecast, 2020 - 2034
- 8.1. Key Findings
- 8.2. North America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 8.3. North America Nitric Acid Market Value (US$ Mn) Forecast, by Country, 2020 - 2034
- 8.3.1. U.S. Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 8.3.2. Canada Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 8.4. North America Nitric Acid Market Attractiveness Analysis
9. Europe Nitric Acid Market Analysis and Forecast, 2020 - 2034
- 9.1. Key Findings
- 9.2. Europe Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.3. Europe Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
- 9.3.1. Germany Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.3.2. France Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.3.3. U.K. Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.3.4. Italy Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.3.5. Russia & CIS Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.3.6. Rest of Europe Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 9.4. Europe Nitric Acid Market Attractiveness Analysis
10. Asia Pacific Nitric Acid Market Analysis and Forecast, 2020 - 2034
- 10.1. Key Findings
- 10.2. Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 10.3. Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
- 10.3.1. China Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 10.3.2. Japan Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 10.3.3. India Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 10.3.4. ASEAN Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 10.3.5. Rest of Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 10.4. Asia Pacific Nitric Acid Market Attractiveness Analysis
11. Latin America Nitric Acid Market Analysis and Forecast, 2020 - 2034
- 11.1. Key Findings
- 11.2. Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 11.3. Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
- 11.3.1. Brazil Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 11.3.2. Mexico Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 11.3.3. Rest of Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 11.4. Latin America Nitric Acid Market Attractiveness Analysis
12. Middle East & Africa Nitric Acid Market Analysis and Forecast, 2020 - 2034
- 12.1. Key Findings
- 12.2. Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 12.3. Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
- 12.3.1. GCC Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 12.3.2. South Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 12.3.3. Rest of Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- 12.4. Middle East & Africa Nitric Acid Market Attractiveness Analysis
13. Competition Landscape
- 13.1. Global Nitric Acid Market Company Share Analysis, 2023
- 13.2. Company Profiles
- 13.2.1. BASF SE
- 13.2.1.1. Company Revenue
- 13.2.1.2. Business Overview
- 13.2.1.3. Product Segments
- 13.2.1.4. Geographic Footprint
- 13.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.2. The Chemours Company
- 13.2.2.1. Company Revenue
- 13.2.2.2. Business Overview
- 13.2.2.3. Product Segments
- 13.2.2.4. Geographic Footprint
- 13.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.3. Eurochem Group
- 13.2.3.1. Company Revenue
- 13.2.3.2. Business Overview
- 13.2.3.3. Product Segments
- 13.2.3.4. Geographic Footprint
- 13.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.4. Dyno Nobel
- 13.2.4.1. Company Revenue
- 13.2.4.2. Business Overview
- 13.2.4.3. Product Segments
- 13.2.4.4. Geographic Footprint
- 13.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.5. Nutrien Ltd.
- 13.2.5.1. Company Revenue
- 13.2.5.2. Business Overview
- 13.2.5.3. Product Segments
- 13.2.5.4. Geographic Footprint
- 13.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.6. Sumitomo Chemical Co., Ltd.
- 13.2.6.1. Company Revenue
- 13.2.6.2. Business Overview
- 13.2.6.3. Product Segments
- 13.2.6.4. Geographic Footprint
- 13.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.7. Yara
- 13.2.7.1. Company Revenue
- 13.2.7.2. Business Overview
- 13.2.7.3. Product Segments
- 13.2.7.4. Geographic Footprint
- 13.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.8. CF Industries
- 13.2.8.1. Company Revenue
- 13.2.8.2. Business Overview
- 13.2.8.3. Product Segments
- 13.2.8.4. Geographic Footprint
- 13.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.9. Deepak Fertilisers and Petrochemicals Corporation Limited
- 13.2.9.1. Company Revenue
- 13.2.9.2. Business Overview
- 13.2.9.3. Product Segments
- 13.2.9.4. Geographic Footprint
- 13.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.10. OCI
- 13.2.10.1. Company Revenue
- 13.2.10.2. Business Overview
- 13.2.10.3. Product Segments
- 13.2.10.4. Geographic Footprint
- 13.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)
- 13.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
- 13.2.1. BASF SE
14. Primary Research: Key Insights
15. Appendix
Product Code: TMRGL5126
List of Tables
- Table 1: Global Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 2: Global Nitric Acid Market Value (US$ Mn) Forecast, by Region, 2020 - 2034
- Table 3: North America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 4: North America Nitric Acid Market Value (US$ Mn) Forecast, by Country, 2020 - 2034
- Table 5: U.S. Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 6: Canada Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 7: Europe Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 8: Europe Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020 - 2034
- Table 9: Germany Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 10: France Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 11: U.K. Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 12: Italy Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 13: Spain Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 14: Russia & CIS Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 15: Rest of Europe Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 16: Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 17: Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020 - 2034
- Table 18: China Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 19: Japan Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 20: India Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 21: ASEAN Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 22: Rest of Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 23: Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 24: Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020 - 2034
- Table 25: Brazil Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 26: Mexico Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 27: Rest of Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 28: Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 29: Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020 - 2034
- Table 30: GCC Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 31: South Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
- Table 32: Rest of Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
List of Figures
- Figure 1: Global Nitric Acid Market Value Share Analysis, by Application, 2023, 2025, and 2034
- Figure 2: Global Nitric Acid Market Attractiveness, by Application
- Figure 3: Global Nitric Acid Market Value Share Analysis, by Region, 2023, 2025, and 2034
- Figure 4: Global Nitric Acid Market Attractiveness, by Region
- Figure 5: North America Nitric Acid Market Value Share Analysis, by Application, 2023, 2025, and 2034
- Figure 6: North America Nitric Acid Market Attractiveness, by Application
- Figure 7: North America Nitric Acid Market Value Share Analysis, by Country, 2023, 2025, and 2034
- Figure 8: North America Nitric Acid Market Attractiveness, by Country
- Figure 9: Europe Nitric Acid Market Value Share Analysis, by Application, 2023, 2025, and 2034
- Figure 10: Europe Nitric Acid Market Attractiveness, by Application
- Figure 11: Europe Nitric Acid Market Value Share Analysis, by Country and Sub-region, 2023, 2025, and 2034
- Figure 12: Europe Nitric Acid Market Attractiveness, by Country and Sub-region
- Figure 13: Asia Pacific Nitric Acid Market Value Share Analysis, by Application, 2023, 2025, and 2034
- Figure 14: Asia Pacific Nitric Acid Market Attractiveness, by Application
- Figure 15: Asia Pacific Nitric Acid Market Value Share Analysis, by Country and Sub-region, 2023, 2025, and 2034
- Figure 16: Asia Pacific Nitric Acid Market Attractiveness, by Country and Sub-region
- Figure 17: Latin America Nitric Acid Market Value Share Analysis, by Application, 2023, 2025, and 2034
- Figure 18: Latin America Nitric Acid Market Attractiveness, by Application
- Figure 19: Latin America Nitric Acid Market Value Share Analysis, by Country and Sub-region, 2023, 2025, and 2034
- Figure 20: Latin America Nitric Acid Market Attractiveness, by Country and Sub-region
- Figure 21: Middle East & Africa Nitric Acid Market Value Share Analysis, by Application, 2023, 2025, and 2034
- Figure 22: Middle East & Africa Nitric Acid Market Attractiveness, by Application
- Figure 23: Middle East & Africa Nitric Acid Market Value Share Analysis, by Country and Sub-region, 2023, 2025, and 2034
- Figure 24: Middle East & Africa Nitric Acid Market Attractiveness, by Country and Sub-region
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