Nitric Acid Market Report – Research, Industry Analysis Reports and Market Demands

Global Nitric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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Table of Content

1 Market Overview

1.1 Product Overview and Scope of Nitric Acid
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Nitric Acid Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Dilute Nitric Acid
- 1.3.3 Concentrated Nitric Acid
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Nitric Acid Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Fertilizer
- 1.4.3 Explosives
- 1.4.4 Polyurethanes
- 1.4.5 Polyamides
- 1.4.6 Others
1.5 Global Nitric Acid Market Size & Forecast
- 1.5.1 Global Nitric Acid Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Nitric Acid Sales Quantity (2019-2030)
- 1.5.3 Global Nitric Acid Average Price (2019-2030)

2 Manufacturers Profiles

3 Competitive Environment: Nitric Acid by Manufacturer

3.1 Global Nitric Acid Sales Quantity by Manufacturer (2019-2024)
3.2 Global Nitric Acid Revenue by Manufacturer (2019-2024)
3.3 Global Nitric Acid Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Nitric Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Nitric Acid Manufacturer Market Share in 2023
- 3.4.2 Top 6 Nitric Acid Manufacturer Market Share in 2023
3.5 Nitric Acid Market: Overall Company Footprint Analysis
- 3.5.1 Nitric Acid Market: Region Footprint
- 3.5.2 Nitric Acid Market: Company Product Type Footprint
- 3.5.3 Nitric Acid Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Nitric Acid Market Size by Region
- 4.1.1 Global Nitric Acid Sales Quantity by Region (2019-2030)
- 4.1.2 Global Nitric Acid Consumption Value by Region (2019-2030)
- 4.1.3 Global Nitric Acid Average Price by Region (2019-2030)
4.2 North America Nitric Acid Consumption Value (2019-2030)
4.3 Europe Nitric Acid Consumption Value (2019-2030)
4.4 Asia-Pacific Nitric Acid Consumption Value (2019-2030)
4.5 South America Nitric Acid Consumption Value (2019-2030)
4.6 Middle East and Africa Nitric Acid Consumption Value (2019-2030)

5 Market Segment by Type

5.1 Global Nitric Acid Sales Quantity by Type (2019-2030)
5.2 Global Nitric Acid Consumption Value by Type (2019-2030)
5.3 Global Nitric Acid Average Price by Type (2019-2030)

6 Market Segment by Application

6.1 Global Nitric Acid Sales Quantity by Application (2019-2030)
6.2 Global Nitric Acid Consumption Value by Application (2019-2030)
6.3 Global Nitric Acid Average Price by Application (2019-2030)

7 North America

7.1 North America Nitric Acid Sales Quantity by Type (2019-2030)
7.2 North America Nitric Acid Sales Quantity by Application (2019-2030)
7.3 North America Nitric Acid Market Size by Country
- 7.3.1 North America Nitric Acid Sales Quantity by Country (2019-2030)
- 7.3.2 North America Nitric Acid Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

8.1 Europe Nitric Acid Sales Quantity by Type (2019-2030)
8.2 Europe Nitric Acid Sales Quantity by Application (2019-2030)
8.3 Europe Nitric Acid Market Size by Country
- 8.3.1 Europe Nitric Acid Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Nitric Acid Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

9.1 Asia-Pacific Nitric Acid Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Nitric Acid Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Nitric Acid Market Size by Region
- 9.3.1 Asia-Pacific Nitric Acid Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Nitric Acid Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

10.1 South America Nitric Acid Sales Quantity by Type (2019-2030)
10.2 South America Nitric Acid Sales Quantity by Application (2019-2030)
10.3 South America Nitric Acid Market Size by Country
- 10.3.1 South America Nitric Acid Sales Quantity by Country (2019-2030)
- 10.3.2 South America Nitric Acid Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

11.1 Middle East & Africa Nitric Acid Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Nitric Acid Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Nitric Acid Market Size by Country
- 11.3.1 Middle East & Africa Nitric Acid Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Nitric Acid Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

12.1 Nitric Acid Market Drivers
12.2 Nitric Acid Market Restraints
12.3 Nitric Acid Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Nitric Acid and Key Manufacturers
13.2 Manufacturing Costs Percentage of Nitric Acid
13.3 Nitric Acid Production Process
13.4 Nitric Acid Industrial Chain

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Nitric Acid Typical Distributors
14.3 Nitric Acid Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Nitric Acid market size was valued at USD 13360 million in 2023 and is forecast to a readjusted size of USD 16500 million by 2030 with a CAGR of 3.1% during review period.
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. It is a strong oxidizing agent. It ionizes readily in solution, forming a good conductor of electricity. It is miscible with water in all proportions. Nitric acid is a clear to slightly yellow aqueous solution that has been treated to remove most free nitrogen oxides. This highly corrosive intermediate chemical is a strong mineral acid used in the production of nitrate based fertilizers, nylon precursors and other specialty chemicals. In this report we converting the different concentration of nitric acid into 100, namely in this report we counting the nitric acid(100%)’s capacity, production price and other items.
Europe is the largest Nitric Acid market with about 36% market share. North America is follower, accounting for about 34% market share.
The key players are CF Industries Holdings, Yara, EuroChem, URALCHEM, Orica, Nutrien, Acron, SBU Azot, OCI, LSB Industries, Dyno Nobel, CVR Partners, Nutrien, Koch, Shanxi Tianji, Shanxi Xinghua, Yunnan Jiehua, Sinopec (Nanjing), Sichuan Gold Elephant, Anhui JinHe Industrial, Holitech, Henan Jinkai, Shandong Dier-chem, Liuzhou Chemical, Jiangsu Huachang Chemical, Hongda Chemical, Luguang Chemical, Hualong Ammonium Nitrate, Sichuan Chemical, Fujian Shaohua etc. Top 3 companies occupied about 50% market share.
The Global Info Research report includes an overview of the development of the Nitric Acid industry chain, the market status of Fertilizer (Dilute Nitric Acid, Concentrated Nitric Acid), Explosives (Dilute Nitric Acid, Concentrated Nitric Acid), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Nitric Acid.
Regionally, the report analyzes the Nitric Acid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Nitric Acid market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Nitric Acid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Nitric Acid industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Dilute Nitric Acid, Concentrated Nitric Acid).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Nitric Acid market.
Regional Analysis: The report involves examining the Nitric Acid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Nitric Acid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Nitric Acid:
Company Analysis: Report covers individual Nitric Acid manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Nitric Acid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Fertilizer, Explosives).
Technology Analysis: Report covers specific technologies relevant to Nitric Acid. It assesses the current state, advancements, and potential future developments in Nitric Acid areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Nitric Acid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Nitric Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Dilute Nitric Acid
Concentrated Nitric Acid
Market segment by Application
Fertilizer
Explosives
Polyurethanes
Polyamides
Others
Major players covered
CF Industries Holdings
Yara
EuroChem
URALCHEM
Orica
Nutrien
Acron
SBU Azot
OCI
LSB Industries
Dyno Nobel
CVR Partners
Nutrien
Koch
Shanxi Tianji
Shanxi Xinghua
Yunnan Jiehua
Sinopec (Nanjing)
Sichuan Gold Elephant
Anhui JinHe Industrial
Holitech
Henan Jinkai
Shandong Dier-chem
Liuzhou Chemical
Jiangsu Huachang Chemical
Hongda Chemical
Luguang Chemical
Hualong Ammonium Nitrate
Sichuan Chemical
Fujian Shaohua
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Nitric Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Nitric Acid, with price, sales, revenue and global market share of Nitric Acid from 2019 to 2024.
Chapter 3, the Nitric Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Nitric Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Nitric Acid market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Nitric Acid.
Chapter 14 and 15, to describe Nitric Acid sales channel, distributors, customers, research findings and conclusion.

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