Calcium Nitrate Market detail insight to 2024 Focusing on key market players like Shanxi Jiaocheng Tianlong Chemical Industry, Agrium, Haifa, Rural Liquid Fertilizers, Sterling Chemicals, Uralchem Holding and Yara International ASA

The report is a comprehensive exploration of global Calcium Nitrate market offering growth rates, size of the industry, competitive landscape information, factors to the contributing growth of the global Calcium Nitrate market and more.

Calcium Nitrate Market size is poised reach USD 12.6 billion by 2024; according to a new research report. Global calcium nitrate market size is mainly driven by escalating gain crop demand globally. Rising populations is anticipated to complement food demand substantially. These factors will drive fertilizers demand significantly in order to increase the crop yield. The product is extensively used in fertilizers for wheat, corn and soybeans. These crops are experiencing high demand in the recent years; for instance, in 2008, the overall wheat production was approximately 680 million tons and was close to 720 million tons in 2015. Farmers will need to upscale crop yield by more than 15% over the forecast timeframe to meet the increasing food grain demand, this will create industry growth opportunities for fertilizers. The expansion of calcium nitrate market has been aptly characterized by the ever-growing demand for food across the globe, gradually necessitating the initial requirement of increased crop production and the subsequent requirement of calcium nitrate fertilizers.

Strong wastewater treatment industry outlook is another growth prospect for the global calcium nitrate market size over the forecast timeframe. The product is widely to control suspended solid residue and prevent in spreading harmful virus, bacteria and protozoa. Robust industrialization has subsequently decreased the clean water resources.

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Wastewater disposal is relatively high in China, India, Brazil and Mexico die to inclining industrialization in these countries. In 2008, the wastewater treatment business in these countries was valued at over 3 billion and was close to USD 7 billion in 2015. Stern environmental legislations across the globe towards wastewater disposal accompanied with various hazards synced with polluted water will positively influence the industry growth by 2024.

The product possesses hygroscopic characteristics and absorbs atmospheric moisture. Hence, the product based fertilizers are not desirable for land with insufficient water. Also, these fertilizers have the tendency to melt within the transportation bags, making it inappropriate for long distribution during the monsoon and it also reduces the product shelf life. The product transportation is strictly directed and controlled by government authority and is classified as a hazardous product. These factors are likely to restrict the global calcium nitrate market size by 2024. However, increasing product usage in construction material including concrete and explosives will boost industry growth.

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Key insights from the report include:

Global calcium nitrate market size is set to reach USD 12.6 billion by 2024, with projected gains at above 5% CAGR.

Calcium nitrate market size for fertilizers could experience over 4.5% gains by 2024. Nitrogen is the main constituent of calcium nitrate fertilizers, which helps the plants in absorbing vital soil nutrients. It also the helps in increasing the flowers retention ability of plants.

In 2015, calcium nitrate market share for concrete manufacturing generated revenue more than USD 900 million. It is used to enhance the concrete characteristics and is ideal across construction sites were immediate concrete setting is required.

In 2015, North America, dominated by the U.S., was valued at over USD 1.5 billion. The product is widely used in the explosives industry owing to boost regional calcium nitrate market size.

Asia Pacific, led by China, India, and Indonesia, dominated the global calcium nitrate market share in 2015. The growth was principally attributed to the robust industrialization and escalating construction.

In 2015, the global calcium nitrate market was highly fragmented. The product manufacturer contributing the business share are Shanxi Jiaocheng Tianlong Chemical Industry, Agrium, Haifa, Rural Liquid Fertilizers, Sterling Chemicals, Uralchem Holding and Yara International ASA.

Outside of the scope globe has been plagued with the crisis of food production and supply for the ever-increasing population worldwide. According to the United Nations, the global population is expected to cross 9.7 billion by 2050. This would consequently necessitate a humongous requirement for food, which in turn would have a major impact on the revenue graph of calcium nitrate market. A report by the Harvard Business Review, in 2016, establishes that the demand for food is likely to increase between 59% to 98% by the year 2050, subsequently leading to a massive transformation in the dynamics of agro-based markets. In order to ensure adequate food supply for the growing worldwide populace, farmers would need to focus on extensive crop production, which would entail working out ways of expanding arable land for cultivation or by enhancing crop productivity on existing lands through the usage of fertilizers. As the demand for fertilizers and other yield increasing chemicals continues to depict an upsurge, global calcium nitrate market would observe massive investment trends in the years ahead.

Calcium nitrate industry is also expected to garner commendable proceeds through the product deployment in wastewater treatment. Driven by the rising water pollution across the globe that has been leading to a disastrous impact on the environment, the demand for wastewater chemicals is bound to surge in the ensuing years, thereby propelling calcium nitrate market.

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Table of content:

Chapter 1.  Methodology and Scope

1.1.    Research methodology

1.1.1.    Initial data exploration

1.1.2.    Statistical modeling and forecast

1.1.3.    Industry insights and validation

1.1.4.    Research scope & assumptions

1.2.    Data sources

1.2.1.    Primary

1.2.2.    Secondary

Chapter 2.    Executive Summary

2.1.    Calcium nitrate industry 360 degree synopsis, 2013 - 2024

2.1.1.    Business trends

2.1.2.    Application trends

2.1.3.    Regional trends

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