Nitric acid (HNO3) is a colorless liquid acid commonly used in the manufacturing of fertilizers utilized in the agriculture sector. Concentrated nitric acid is a form of nitric acid. In this report, nitric acid with a concentration level of 70% or more has been considered. Concentrated nitric acid is majorly used in the manufacturing of ammonium nitrate; nitrobenzene, adipic acid, trinitrotoluene, toluene disocyanate, (TDI), and nitroglycerine, which are used across major end-user industries such as explosives, agrochemicals, automotive, electrical and electronics, and others. Global Concentrated Nitric acid (HNO3) market to grow at a CAGR of 3.09% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the global concentrated nitric acid market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Concentrated Nitric Acid Market 2018-2022, 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
• BASF
• DowDuPont
• Hanwha Group
• LSB Industries
• UBE INDUSTRIES
• Yara
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Other prominent vendors
• DFPCL
• Plinke
• ChemChina
Market driver
• Growing demand from major end-user industries
• For a full, detailed list, view our report
Market trend
• Growing economy in APAC
• For a full, detailed list
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