Concentrated Nitric Acid Market by Type, Application, End-use Industry, and Region - Global Forecast to 2022 - Research and Markets

The "Concentrated Nitric Acid Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The concentrated nitric acid market is expected to reach USD 25.24 billion by 2022, at a CAGR of 3.1% from 2017 to 2022.

Concentrated nitric acid and its applications are majorly used in agrochemicals and explosives industries. The growing trend of using nylon 6,6, synthetic rubbers, and elastomers as a replacement for metal, wood, and glass in automotive, furniture, and building & construction industries is projected to drive the market for adipic acid and nitrobenzene in coming years.

Strong nitric acid includes various concentrations ranging from 50-85%, which covers almost all the applications of concentrated nitric acid. Strong nitric acid is used in manufacturing various applications such as ammonium nitrate, adipic acid, nitrobenzene, nitro chlorobenzene, Toluene Diisocyanate (TDI), and Trinitrotoluene (TNT). More than 70% of the concentrated nitric acid is used in the production of ammonium nitrate. It is used as intermediates for agrochemicals and explosives. Strong nitric acid, a class-2 oxidizer, moderately increase the burning rate of materials that they are in contact. This property is used in developing secondary explosives. Ammonium nitrate, trinitrotoluene (TNT), and nitroglycerin are used in explosive production.

Companies Mentioned

  • Agrium Inc
  • BASF
  • CF Industries
  • Chemours Company
  • Deepak Fertilisers and Petrochemicals Corp. Ltd.
  • Dyno Nobel
  • Grupa Azoty S.A.
  • Gujarat Narmada Valley Fertilizers & Chemicals Ltd
  • Hanwha Corporation
  • Ineos Enterprises
  • International
  • Ixom
  • J R Simplot Company
  • Koch fertilizers LLC
  • LSB Industries Inc.
  • Linde Group
  • National Chemical Group
  • OCI NV
  • Omnia Holdings Ltd
  • Potash Corporation of Saskatchewan Inc.
  • Rashtriya Chemicals & Fertilizers Ltd (RCF)
  • Sasol Limited Group
  • Shandong Fengyuan Chemical Stock Co. Ltd.
  • The Dow Chemical Company
  • Ube Industries Ltd
  • Yara

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Concentrated Nitric Acid Market, By Type

7 Concentrated Nitric Acid Market, By Application

8 Concentrated Nitric Acid Market, By End-Use Industry

9 Concentrated Nitric Acid Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

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