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Nitric Acid Market By Type (Concentrated nitric acid, and Weak nitric acid), By Application (Ammonium Nitrate, Nitrobenzene, Adipic Acid, Toluene di-isocyanate (TDI), and Others), By End-User (Fertilizers, Chemical Intermediates, Explosives, and Others):: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Jun-2020
  • Total Pages: 185
  • Report Code: FAF-1085
  • Base Year: 2019
  • Format:

Industry Insights

[185+ Pages PDF Report] Global Nitric Acid market was approximately USD 24 Billion in 2019 and is anticipated to reach around USD 30 Billion by 2026, at a CAGR of 3.5% during the forecast period.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Nitric Acid industry. The report analyzes and declares the historical and current trends analysis of the Nitric Acid industry and subsequently recommends the projected trends anticipated to be observed in the Nitric Acid market during the upcoming years.

The Nitric Acid market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Nitric Acid market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Nitric Acid industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Nitric Acid industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Nitric Acid market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Nitric Acid industry. The Nitric Acid market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Nitric Acid sector. Key strategic developments in the Nitric Acid market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Nitric Acid market are appropriately highlighted in the report.

The Nitric Acid market research report delivers an acute valuation and taxonomy of the Nitric Acid industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Nitric Acid industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Nitric Acid industry is provided for the leading economies of the world.

The Nitric Acid market is segmented as per the type, application, and end-user. Based on type market bifurcated as concentrated nitric acid and weak nitric acid. In the terms of application, the market is categorized as ammonium nitrate, nitrobenzene, adipic acid, toluene di-isocyanate (TDI), and others. According to the end-user industry, the market is bifurcated as, fertilizers, chemical intermediates, explosives, and others.

Some of the essential players operating in the Nitric Acid market, but not restricted to include Lyondell Basell, CF Industries, Agrium Inc., Bayer AG, BASF SE, and Yara International.

The taxonomy of the Nitric Acid market by its scope and segmentation is as follows:

Global Nitric Acid Market: By Type Segmentation Analysis: (Customizable)

  • Weak nitric acid
  • Concentrated nitric acid

Global Nitric Acid Market: By Application Segmentation Analysis: (Customizable)

  • Ammonium Nitrate
  • Adipic Acid
  • Toluene di-isocyanate (TDI)
  • Nitrobenzene
  • Others

Global Nitric Acid Market: By End User Segmentation Analysis: (Customizable)

  • Fertilizers
  • Explosives
  • Chemical Intermediates
  • Others

Global Nitric Acid Market: Regional Segmentation Analysis (Customizable)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Nitric Acid market – Type Analysis
    1. 2.1. Global Nitric Acid Market – Type Overview
    2. 2.2. Global Nitric Acid Market Share, by Type, 2018 & 2025 (USD Million)
    3. 2.3. Global Nitric Acid Market share, by Type, 2018 & 2025 (Kilo Tons)
    4. 2.4. Weak nitric acid
      1. 2.4.1. Global Weak nitric acid Nitric Acid Market, 2016-2026 (USD Million)
      2. 2.4.2. Global Weak nitric acid Nitric Acid Market, 2016-2026 (Kilo Tons)
    5. 2.5. Concentrated nitric acid
      1. 2.5.1. Global Concentrated nitric acid Nitric Acid Market, 2016-2026 (USD Million)
      2. 2.5.2. Global Concentrated nitric acid Nitric Acid Market, 2016-2026 (Kilo Tons)
  3. CHAPTER 3. Nitric Acid market – Application Analysis
    1. 3.1. Global Nitric Acid Market – Application Overview
    2. 3.2. Global Nitric Acid Market Share, by Application, 2018 & 2025 (USD Million)
    3. 3.3. Global Nitric Acid Market share, by Application, 2018 & 2025 (Kilo Tons)
    4. 3.4. Ammonium Nitrate
      1. 3.4.1. Global Ammonium Nitrate Nitric Acid Market, 2016-2026 (USD Million)
      2. 3.4.2. Global Ammonium Nitrate Nitric Acid Market, 2016-2026 (Kilo Tons)
    5. 3.5. Adipic Acid
      1. 3.5.1. Global Adipic Acid Nitric Acid Market, 2016-2026 (USD Million)
      2. 3.5.2. Global Adipic Acid Nitric Acid Market, 2016-2026 (Kilo Tons)
    6. 3.6. Toluene di-isocyanate (TDI)
      1. 3.6.1. Global Toluene di-isocyanate (TDI) Nitric Acid Market, 2016-2026 (USD Million)
      2. 3.6.2. Global Toluene di-isocyanate (TDI) Nitric Acid Market, 2016-2026 (Kilo Tons)
    7. 3.7. Nitrobenzene
      1. 3.7.1. Global Nitrobenzene Nitric Acid Market, 2016-2026 (USD Million)
      2. 3.7.2. Global Nitrobenzene Nitric Acid Market, 2016-2026 (Kilo Tons)
    8. 3.8. Others
      1. 3.8.1. Global Others Nitric Acid Market, 2016-2026 (USD Million)
      2. 3.8.2. Global Others Nitric Acid Market, 2016-2026 (Kilo Tons)
  4. CHAPTER 4. Nitric Acid market – End-User Analysis
    1. 4.1. Global Nitric Acid Market – End-User Overview
    2. 4.2. Global Nitric Acid Market Share, by End-User, 2018 & 2025 (USD Million)
    3. 4.3. Global Nitric Acid Market share, by End-User, 2018 & 2025 (Kilo Tons)
    4. 4.4. Fertilizers
      1. 4.4.1. Global Fertilizers Nitric Acid Market, 2016-2026 (USD Million)
      2. 4.4.2. Global Fertilizers Nitric Acid Market, 2016-2026 (Kilo Tons)
    5. 4.5. Explosives
      1. 4.5.1. Global Explosives Nitric Acid Market, 2016-2026 (USD Million)
      2. 4.5.2. Global Explosives Nitric Acid Market, 2016-2026 (Kilo Tons)
    6. 4.6. Chemical Intermediates
      1. 4.6.1. Global Chemical Intermediates Nitric Acid Market, 2016-2026 (USD Million)
      2. 4.6.2. Global Chemical Intermediates Nitric Acid Market, 2016-2026 (Kilo Tons)
    7. 4.7. Others
      1. 4.7.1. Global Others Nitric Acid Market, 2016-2026 (USD Million)
      2. 4.7.2. Global Others Nitric Acid Market, 2016-2026 (Kilo Tons)
  5. CHAPTER 5. Nitric Acid market – Regional Analysis
    1. 5.1. Global Nitric Acid Market Regional Overview
    2. 5.2. Global Nitric Acid Market Share, by Region, 2018 & 2025 (Value)
    3. 5.3. Global Nitric Acid Market Share, by Region, 2018 & 2025 (Volume)
    4. 5.4. North America
      1. 5.4.1. North America Nitric Acid Market size and forecast, 2016-2026
      2. 5.4.2. North America Nitric Acid Market, by Country, 2018 - 2025 (USD Million)
      3. 5.4.3. North America Market size and forecast, 2016-2026 (Kilo Tons)
      4. 5.4.4. North America Nitric Acid Market, by Country, 2018 - 2025 (Kilo Tons)
      5. 5.4.5. North America Nitric Acid Market, by Type, 2016-2026
        1. 5.4.5.1. North America Nitric Acid Market, by Type, 2016-2026 (USD Million)
        2. 5.4.5.2. North America Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
      6. 5.4.6. North America Nitric Acid Market, by Application, 2016-2026
        1. 5.4.6.1. North America Nitric Acid Market, by Application, 2016-2026 (USD Million)
        2. 5.4.6.2. North America Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
      7. 5.4.7. North America Nitric Acid Market, by End-User, 2016-2026
        1. 5.4.7.1. North America Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        2. 5.4.7.2. North America Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
      8. 5.4.8. U.S.
        1. 5.4.8.1. U.S. Market size and forecast, 2016-2026 (USD Million)
        2. 5.4.8.2. U.S. Market size and forecast, 2016-2026 (Kilo Tons)
      9. 5.4.9. Canada
        1. 5.4.9.1. Canada Market size and forecast, 2016-2026 (USD Million)
        2. 5.4.9.2. Canada Market size and forecast, 2016-2026 (Kilo Tons)
    5. 5.5. Europe
      1. 5.5.1. Europe Nitric Acid Market size and forecast, 2016-2026
      2. 5.5.2. Europe Nitric Acid Market, by Country, 2018 - 2025 (USD Million)
      3. 5.5.3. Europe Market size and forecast, 2016-2026 (Kilo Tons)
      4. 5.5.4. Europe Nitric Acid Market, by Country, 2018 - 2025 (Kilo Tons)
      5. 5.5.5. Europe Nitric Acid Market, by Type, 2016-2026
        1. 5.5.5.1. Europe Nitric Acid Market, by Type, 2016-2026 (USD Million)
        2. 5.5.5.2. Europe Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
      6. 5.5.6. Europe Nitric Acid Market, by Application, 2016-2026
        1. 5.5.6.1. Europe Nitric Acid Market, by Application, 2016-2026 (USD Million)
        2. 5.5.6.2. Europe Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
      7. 5.5.7. Europe Nitric Acid Market, by End-User, 2016-2026
        1. 5.5.7.1. Europe Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        2. 5.5.7.2. Europe Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
      8. 5.5.8. Germany
        1. 5.5.8.1. Germany Market size and forecast, 2016-2026 (USD Million)
        2. 5.5.8.2. Germany Market size and forecast, 2016-2026 (Kilo Tons)
      9. 5.5.9. France
        1. 5.5.9.1. France Market size and forecast, 2016-2026 (USD Million)
        2. 5.5.9.2. France Market size and forecast, 2016-2026 (Kilo Tons)
      10. 5.5.10. U.K.
        1. 5.5.10.1. U.K. Market size and forecast, 2016-2026 (USD Million)
        2. 5.5.10.2. U.K. Market size and forecast, 2016-2026 (Kilo Tons)
      11. 5.5.11. Italy
        1. 5.5.11.1. Italy Market size and forecast, 2016-2026 (USD Million)
        2. 5.5.11.2. Italy Market size and forecast, 2016-2026 (Kilo Tons)
      12. 5.5.12. Spain
        1. 5.5.12.1. Spain Market size and forecast, 2016-2026 (USD Million)
        2. 5.5.12.2. Spain Market size and forecast, 2016-2026 (Kilo Tons)
      13. 5.5.13. Rest of Europe
        1. 5.5.13.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
        2. 5.5.13.2. Rest of Europe Market size and forecast, 2016-2026 (Kilo Tons)
    6. 5.6. Asia Pacific
      1. 5.6.1. Asia Pacific Nitric Acid Market size and forecast, 2016-2026
      2. 5.6.2. Asia Pacific Nitric Acid Market, by Country, 2018 - 2025 (USD Million)
      3. 5.6.3. Asia Pacific Market size and forecast, 2016-2026 (Kilo Tons)
      4. 5.6.4. Asia Pacific Nitric Acid Market, by Country, 2018 - 2025 (Kilo Tons)
      5. 5.6.5. Asia Pacific Nitric Acid Market, by Type, 2016-2026
        1. 5.6.5.1. Asia Pacific Nitric Acid Market, by Type, 2016-2026 (USD Million)
        2. 5.6.5.2. Asia Pacific Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
      6. 5.6.6. Asia Pacific Nitric Acid Market, by Application, 2016-2026
        1. 5.6.6.1. Asia Pacific Nitric Acid Market, by Application, 2016-2026 (USD Million)
        2. 5.6.6.2. Asia Pacific Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
      7. 5.6.7. Asia Pacific Nitric Acid Market, by End-User, 2016-2026
        1. 5.6.7.1. Asia Pacific Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        2. 5.6.7.2. Asia Pacific Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
      8. 5.6.8. China
        1. 5.6.8.1. China Market size and forecast, 2016-2026 (USD Million)
        2. 5.6.8.2. China Market size and forecast, 2016-2026 (Kilo Tons)
      9. 5.6.9. Japan
        1. 5.6.9.1. Japan Market size and forecast, 2016-2026 (USD Million)
        2. 5.6.9.2. Japan Market size and forecast, 2016-2026 (Kilo Tons)
      10. 5.6.10. India
        1. 5.6.10.1. India Market size and forecast, 2016-2026 (USD Million)
        2. 5.6.10.2. India Market size and forecast, 2016-2026 (Kilo Tons)
      11. 5.6.11. South Korea
        1. 5.6.11.1. South Korea Market size and forecast, 2016-2026 (USD Million)
        2. 5.6.11.2. South Korea Market size and forecast, 2016-2026 (Kilo Tons)
      12. 5.6.12. South-East Asia
        1. 5.6.12.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
        2. 5.6.12.2. South-East Asia Market size and forecast, 2016-2026 (Kilo Tons)
      13. 5.6.13. Rest of Asia Pacific
        1. 5.6.13.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
        2. 5.6.13.2. Rest of Asia Pacific Market size and forecast, 2016-2026 (Kilo Tons)
    7. 5.7. Latin America
      1. 5.7.1. Latin America Nitric Acid Market size and forecast, 2016-2026
      2. 5.7.2. Latin America Nitric Acid Market, by Country, 2018 - 2025 (USD Million)
      3. 5.7.3. Latin America Market size and forecast, 2016-2026 (Kilo Tons)
      4. 5.7.4. Latin America Nitric Acid Market, by Country, 2018 - 2025 (Kilo Tons)
      5. 5.7.5. Latin America Nitric Acid Market, by Type, 2016-2026
        1. 5.7.5.1. Latin America Nitric Acid Market, by Type, 2016-2026 (USD Million)
        2. 5.7.5.2. Latin America Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
      6. 5.7.6. Latin America Nitric Acid Market, by Application, 2016-2026
        1. 5.7.6.1. Latin America Nitric Acid Market, by Application, 2016-2026 (USD Million)
        2. 5.7.6.2. Latin America Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
      7. 5.7.7. Latin America Nitric Acid Market, by End-User, 2016-2026
        1. 5.7.7.1. Latin America Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        2. 5.7.7.2. Latin America Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
      8. 5.7.8. Brazil
        1. 5.7.8.1. Brazil Market size and forecast, 2016-2026 (USD Million)
        2. 5.7.8.2. Brazil Market size and forecast, 2016-2026 (Kilo Tons)
      9. 5.7.9. Mexico
        1. 5.7.9.1. Mexico Market size and forecast, 2016-2026 (USD Million)
        2. 5.7.9.2. Mexico Market size and forecast, 2016-2026 (Kilo Tons)
      10. 5.7.10. Rest of Latin America
        1. 5.7.10.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
        2. 5.7.10.2. Rest of Latin America Market size and forecast, 2016-2026 (Kilo Tons)
    8. 5.8. The Middle-East and Africa
      1. 5.8.1. The Middle-East and Africa Nitric Acid Market size and forecast, 2016-2026
      2. 5.8.2. The Middle-East and Africa Nitric Acid Market, by Country, 2018 - 2025 (USD Million)
      3. 5.8.3. The Middle-East and Africa Market size and forecast, 2016-2026 (Kilo Tons)
      4. 5.8.4. The Middle-East and Africa Nitric Acid Market, by Country, 2018 - 2025 (Kilo Tons)
      5. 5.8.5. The Middle-East and Africa Nitric Acid Market, by Type, 2016-2026
        1. 5.8.5.1. The Middle-East and Africa Nitric Acid Market, by Type, 2016-2026 (USD Million)
        2. 5.8.5.2. The Middle-East and Africa Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
      6. 5.8.6. The Middle-East and Africa Nitric Acid Market, by Application, 2016-2026
        1. 5.8.6.1. The Middle-East and Africa Nitric Acid Market, by Application, 2016-2026 (USD Million)
        2. 5.8.6.2. The Middle-East and Africa Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
      7. 5.8.7. The Middle-East and Africa Nitric Acid Market, by End-User, 2016-2026
        1. 5.8.7.1. The Middle-East and Africa Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        2. 5.8.7.2. The Middle-East and Africa Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
      8. 5.8.8. GCC Countries
        1. 5.8.8.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
        2. 5.8.8.2. GCC Countries Market size and forecast, 2016-2026 (Kilo Tons)
      9. 5.8.9. South Africa
        1. 5.8.9.1. South Africa Market size and forecast, 2016-2026 (USD Million)
        2. 5.8.9.2. South Africa Market size and forecast, 2016-2026 (Kilo Tons)
      10. 5.8.10. Rest of Middle-East Africa
        1. 5.8.10.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
        2. 5.8.10.2. Rest of Middle-East Africa Market size and forecast, 2016-2026 (Kilo Tons)
  6. CHAPTER 6. Nitric Acid Production, Consumption, Export, Import by Regions
    1. 6.1. Global Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
    2. 6.2. Global Import and Export Analysis, by Region
  7. CHAPTER 7. Nitric Acid market – Competitive Landscape
    1. 7.1. Competitor Market Share – Revenue
    2. 7.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 7.3. Competitor Market Share – Volume
    4. 7.4. Strategic Development
      1. 7.4.1. Acquisitions and Mergers
      2. 7.4.2. New Products
      3. 7.4.3. Research & Development Activities
  8. CHAPTER 8. Company Profiles
    1. 8.1. Lyondell Basell
      1. 8.1.1. Company Overview
      2. 8.1.2. Lyondell Basell Sales, Revenue, Price, and Gross Margin
      3. 8.1.3. Product portfolio
      4. 8.1.4. Recent initiatives
    2. 8.2. Agrium Inc.
      1. 8.2.1. Company Overview
      2. 8.2.2. Agrium Inc. Sales, Revenue, Price, and Gross Margin
      3. 8.2.3. Product portfolio
      4. 8.2.4. Recent initiatives
    3. 8.3. Bayer AG
      1. 8.3.1. Company Overview
      2. 8.3.2. Bayer AG Sales, Revenue, Price, and Gross Margin
      3. 8.3.3. Product portfolio
      4. 8.3.4. Recent initiatives
    4. 8.4. BASF SE
      1. 8.4.1. Company Overview
      2. 8.4.2. BASF SE Sales, Revenue, Price, and Gross Margin
      3. 8.4.3. Product portfolio
      4. 8.4.4. Recent initiatives
    5. 8.5. CF Industries
      1. 8.5.1. Company Overview
      2. 8.5.2. CF Industries Sales, Revenue, Price, and Gross Margin
      3. 8.5.3. Product portfolio
      4. 8.5.4. Recent initiatives
    6. 8.6. Yara International
      1. 8.6.1. Company Overview
      2. 8.6.2. Yara International Sales, Revenue, Price, and Gross Margin
      3. 8.6.3. Product portfolio
      4. 8.6.4. Recent initiatives
  9. CHAPTER 9. Nitric Acid — Industry Analysis
    1. 9.1. Introduction and Taxonomy
    2. 9.2. Nitric Acid Market – Key Trends
      1. 9.2.1. Market Drivers
      2. 9.2.2. Market Restraints
      3. 9.2.3. Market Opportunities
    3. 9.3. Value Chain Analysis
    4. 9.4. Key Mandates and Regulations
    5. 9.5. Technology Roadmap and Timeline
    6. 9.6. Nitric Acid market – Attractiveness Analysis
      1. 9.6.1. By Type
      2. 9.6.2. By Application
      3. 9.6.3. By End-User
      4. 9.6.4. By Region
  10. CHAPTER 10. Raw Material analysis
    1. 10.1. Nitric Acid Key Raw Material Analysis
      1. 10.1.1. Key Raw Materials
      2. 10.1.2. Price Trend of Key Raw Materials
    2. 10.2. Key Suppliers of Raw Materials
    3. 10.3. Proportion of Manufacturing Cost Structure
      1. 10.3.1. Raw Materials
      2. 10.3.2. Labor Cost
    4. 10.4. Manufacturing Expenses Analysis of Nitric Acid
  11. CHAPTER 11. Industrial Chain, Sourcing Strategy and Downstream Buyers
    1. 11.1. Nitric Acid Industrial Chain Analysis
    2. 11.2. Upstream Raw Materials Sourcing
      1. 11.2.1. Risk Mitigation:
      2. 11.2.2. Supplier Relationships:
      3. 11.2.3. Business Processes:
      4. 11.2.4. Securing the Product:
    3. 11.3. Raw Materials Sources of Nitric Acid Major Manufacturers in 2016
    4. 11.4. Downstream Buyers
    5. 11.5. Distributors/Traders List
  12. CHAPTER 12. Marketing Strategy Analysis, Distributors
    1. 12.1. Marketing Channel
    2. 12.2. Direct Marketing
    3. 12.3. Indirect Marketing
    4. 12.4. Marketing Channel Development Trend
    5. 12.5. Economic/Political Environmental Change
  13. CHAPTER 13. Report Conclusion
  14. CHAPTER 14. Research Approach & Methodology
    1. 14.1. Report Description
    2. 14.2. Research Scope
    3. 14.3. Research Methodology
      1. 14.3.1. Secondary Research
      2. 14.3.2. Primary Research
      3. 14.3.3. Models
        1. 14.3.3.1. Company Share Analysis Model
        2. 14.3.3.2. Revenue Based Modeling
        3. 14.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 2 Global Nitric Acid Market Share, by Type, 2018 & 2025 (USD Million)
        FIG. 3 Global Nitric Acid Market share, by Type, 2018 & 2025 (Kilo Tons)
        FIG. 4 Global Weak nitric acid Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 5 Global Weak nitric acid Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 6 Global Concentrated nitric acid Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 7 Global Concentrated nitric acid Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 8 Global Nitric Acid Market Share, by Application, 2018 & 2025 (USD Million)
        FIG. 9 Global Nitric Acid Market share, by Application, 2018 & 2025 (Kilo Tons)
        FIG. 10 Global Ammonium Nitrate Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 11 Global Ammonium Nitrate Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 12 Global Adipic Acid Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 13 Global Adipic Acid Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 14 Global Toluene di-isocyanate (TDI) Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 15 Global Toluene di-isocyanate (TDI) Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 16 Global Nitrobenzene Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 17 Global Nitrobenzene Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 18 Global Others Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 19 Global Others Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 20 Global Nitric Acid Market Share, by End-User, 2018 & 2025 (USD Million)
        FIG. 21 Global Nitric Acid Market share, by End-User, 2018 & 2025 (Kilo Tons)
        FIG. 22 Global Fertilizers Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 23 Global Fertilizers Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 24 Global Explosives Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 25 Global Explosives Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 26 Global  Chemical Intermediates Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 27 Global  Chemical Intermediates Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 28 Global Others Nitric Acid Market, 2016-2026 (USD Million)
        FIG. 29 Global Others Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 30 Global Nitric Acid Market Share, by Region, 2018 & 2025
        FIG. 31 Global Nitric Acid Market Share, by Region, 2018 & 2025
        FIG. 32 North America Nitric Acid Market, 2016-2026
        FIG. 33 North America Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 34 U.S. Nitric Acid Market, 2016-2026
        FIG. 35 U.S. Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 36 Canada Nitric Acid Market, 2016-2026
        FIG. 37 Canada Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 38 Europe Nitric Acid Market, 2016-2026
        FIG. 39 Europe Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 40 Germany Nitric Acid Market, 2016-2026
        FIG. 41 Germany Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 42 France Nitric Acid Market, 2016-2026
        FIG. 43 France Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 44 U.K. Nitric Acid Market, 2016-2026
        FIG. 45 U.K. Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 46 Italy Nitric Acid Market, 2016-2026
        FIG. 47 Italy Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 48 Spain Nitric Acid Market, 2016-2026
        FIG. 49 Spain Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 50 Rest of Europe Nitric Acid Market, 2016-2026
        FIG. 51 Rest of Europe Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 52 Asia Pacific Nitric Acid Market, 2016-2026
        FIG. 53 Asia Pacific Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 54 China Nitric Acid Market, 2016-2026
        FIG. 55 China Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 56 Japan Nitric Acid Market, 2016-2026
        FIG. 57 Japan Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 58 India Nitric Acid Market, 2016-2026
        FIG. 59 India Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 60 South  Korea Nitric Acid Market, 2016-2026
        FIG. 61 South  Korea Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 62 South-East Asia Nitric Acid Market, 2016-2026
        FIG. 63 South-East Asia Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 64 Rest of Asia Pacific Nitric Acid Market, 2016-2026
        FIG. 65 Rest of Asia Pacific Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 66 Latin America Nitric Acid Market, 2016-2026
        FIG. 67 Latin America Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 68 Brazil Nitric Acid Market, 2016-2026
        FIG. 69 Brazil Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 70 Mexico Nitric Acid Market, 2016-2026
        FIG. 71 Mexico Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 72 Rest of Latin America Nitric Acid Market, 2016-2026
        FIG. 73 Rest of Latin America Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 74 The Middle-East and Africa Nitric Acid Market, 2016-2026
        FIG. 75 The Middle-East and Africa Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 76 GCC Countries Nitric Acid Market, 2016-2026
        FIG. 77 GCC Countries Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 78 South Africa Nitric Acid Market, 2016-2026
        FIG. 79 South Africa Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 80 Rest of Middle-East Africa Nitric Acid Market, 2016-2026
        FIG. 81 Rest of Middle-East Africa Nitric Acid  Market, 2016-2026 (Kilo Tons)
        FIG. 82 Global Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
        FIG. 83 North America Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
        FIG. 84 Europe Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
        FIG. 85 Asia Pacific Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
        FIG. 86 Latin America Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
        FIG. 87 Middle East and Africa Nitric Acid production and revenue, 2015-2025 (USD Million) (Kilo Tons)
        FIG. 88 Competitor Market Share – Revenue
        FIG. 89 Competitor Market Share – Volume
        FIG. 90 Lyondell Basell Revenue and Growth Rate
        FIG. 91 Lyondell Basell Market Share
        FIG. 92 Agrium Inc. Revenue and Growth Rate
        FIG. 93 Agrium Inc. Market Share
        FIG. 94 Bayer AG Revenue and Growth Rate
        FIG. 95 Bayer AG Market Share
        FIG. 96 BASF SE Revenue and Growth Rate
        FIG. 97 BASF SE Market Share
        FIG. 98 CF Industries Revenue and Growth Rate
        FIG. 99 CF Industries Market Share
        FIG. 100 Yara International Revenue and Growth Rate
        FIG. 101 Yara International Market Share
        FIG. 102 Market Dynamics
        FIG. 103 Global Nitric Acid – Value Chain Analysis
        FIG. 104 Key Mandates and Regulations
        FIG. 105 Technology Roadmap and Timeline
        FIG. 106 Market Attractiveness Analysis – By Type
        FIG. 107 Market Attractiveness Analysis – By Application
        FIG. 108 Market Attractiveness Analysis – By End-User
        FIG. 109 Market Attractiveness Analysis – By Region
        FIG. 110 Manufacturing Cost Structure of Nitric Acid
        FIG. 111 Nitric Acid Industrial Chain Analysis
        FIG. 112 Market Channel
        FIG. 113 Marketing Channel Development Trend
        FIG. 114 Growth in World Gross Product, 2008-2018

        List of Tables

        TABLE 1 Global Nitric Acid market, 2018 & 2025 (USD Million)
        TABLE 2 Global Nitric Acid market, by Type, 2016-2026 (USD Million)
        TABLE 3 Global Nitric Acid market, by Type, 2016-2026 (Kilo Tons)
        TABLE 4 Global Nitric Acid market, by Application, 2016-2026 (USD Million)
        TABLE 5 Global Nitric Acid market, by Application, 2016-2026 (Kilo Tons)
        TABLE 6 Global Nitric Acid market, by End-User, 2016-2026 (USD Million)
        TABLE 7 Global Nitric Acid market, by End-User, 2016-2026 (Kilo Tons)
        TABLE 8 Global Nitric Acid market, by region, 2016-2026 (USD Million)
        TABLE 9 Global Nitric Acid market, by region, 2016-2026 (Kilo Tons)
        TABLE 10 North America Nitric Acid Market, by Type, 2016-2026 (USD Million)
        TABLE 11 North America Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
        TABLE 12 North America Nitric Acid Market, by Application, 2016-2026 (USD Million)
        TABLE 13 North America Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 14 North America Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        TABLE 15 North America Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
        TABLE 16 Europe Nitric Acid Market, by Type, 2016-2026 (USD Million)
        TABLE 17 Europe Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
        TABLE 18 Europe Nitric Acid Market, by Application, 2016-2026 (USD Million)
        TABLE 19 Europe Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 20 Europe Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        TABLE 21 Europe Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
        TABLE 22 Asia Pacific Nitric Acid Market, by Type, 2016-2026 (USD Million)
        TABLE 23 Asia Pacific Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
        TABLE 24 Asia Pacific Nitric Acid Market, by Application, 2016-2026 (USD Million)
        TABLE 25 Asia Pacific Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 26 Asia Pacific Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        TABLE 27 Asia Pacific Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
        TABLE 28 Latin America Nitric Acid Market, by Type, 2016-2026 (USD Million)
        TABLE 29 Latin America Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
        TABLE 30 Latin America Nitric Acid Market, by Application, 2016-2026 (USD Million)
        TABLE 31 Latin America Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 32 Latin America Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        TABLE 33 Latin America Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
        TABLE 34 The Middle-East and Africa Nitric Acid Market, by Type, 2016-2026 (USD Million)
        TABLE 35 The Middle-East and Africa Nitric Acid Market, by Type, 2016-2026 (Kilo Tons)
        TABLE 36 The Middle-East and Africa Nitric Acid Market, by Application, 2016-2026 (USD Million)
        TABLE 37 The Middle-East and Africa Nitric Acid Market, by Application, 2016-2026 (Kilo Tons)
        TABLE 38 The Middle-East and Africa Nitric Acid Market, by End-User, 2016-2026 (USD Million)
        TABLE 39 The Middle-East and Africa Nitric Acid Market, by End-User, 2016-2026 (Kilo Tons)
        TABLE 40 North America Nitric Acid Production, Consumption, Export, Import, 2016-2019
        TABLE 41 Europe Nitric Acid Production, Consumption, Export, Import, 2016-2019
        TABLE 42 Asia Pacific Nitric Acid Production, Consumption, Export, Import, 2016-2019
        TABLE 43 Latin America Nitric Acid Production, Consumption, Export, Import, 2016-2019
        TABLE 44 Middle East & Africa Nitric Acid Production, Consumption, Export, Import, 2016-2019
        TABLE 45 Global Nitric Acid Market - Company Revenue Analysis 2016-2019 (USD Million)
        TABLE 46 Global Nitric Acid Market - Company Revenue Share Analysis 2016-2019(%)
        TABLE 47 Global Nitric Acid Market - Company Volume Analysis 2016-2019 (Kilo Tons)
        TABLE 48 Global Nitric Acid Market - Company Volume Share Analysis 2016-2019(%)
        TABLE 49 Acquisitions and Mergers
        TABLE 50 New Product/Service Launch
        TABLE 51 Research & Development Activities
        TABLE 52 Market Drivers
        TABLE 53 Market Restraints
        TABLE 54 Market Opportunities
        TABLE 55 Production Base and Market Concentration Rate of Raw Material
        TABLE 56 Key Suppliers of Raw Materials
        TABLE 57 Raw Materials Sources of Nitric Acid Major Manufacturers in 2016
        TABLE 58 Major Buyers of Nitric Acid
        TABLE 59 Distributors/Traders of Nitric Acid by Region

Key Insights from Primary Research

  • It was recognized through primary research that the Nitric Acid market was valued at around USD 30 Billion in 2019.
  • North America is expected to hold the largest market share of the Nitric Acid in revenue, in 2019.
  • Based on Type-based segmentation the “concentrated nitric acid” category, was the leading revenue-generating category in 2019.
  • Based on the Application, the “Ammonium Nitrate” category, contributing to the largest revenue-generation.
  • According to our primary respondents, the Nitric Acid market is set to grow annually at a rate of around 3.5%.

Key Recommendations from Analysts

  • The evolving automotive sector needs constant innovation, such as lightweight materials and high-end design of components, in order to effectively boost performance and fuel efficiency. Such factors are having a positive impact on the production of nitric acid globally.
  • Strict regulations against improper use of ammonium nitrate fertilizers due to environmental degradation are likely to have a negative impact on the market.
  • The demand in North America is expected to see substantial growth over the forecast period due to the involvement of a large number of multinational chemical manufacturers in the United States.
  • The Asia market is also projected to create significant demand for nitric acid owing to demand generated from the Agriculture sector for fertilizers.
  • It is expected that fertilizers and chemical intermediates are projected to fetch maximum revenue and volume for the Nitric Acid market in the forecast period.

Industry Major Market Players

  • Lyondell Basell
  • CF Industries
  • Agrium Inc.
  • Bayer AG
  • BASF SE
  • Yara International.

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