Press release
Global Calcium Nitrate Market Growth and Trends By Key Players 2025 | Haifa Group, GFS Chemicals, GFS Chemicals, Agrium, Yara International, UralChem, UralChem
Calcium Nitrate Market Business was more than USD 8.5 billion in 2017 and will witness 5.3% CAGR during the forecast 2018 - 2025. Calcium Nitrate Market size is forecast to exceed USD 12.6 billion by 2025; according to a new research report by Global Market Insights, Inc.The global calcium nitrate market share is touted to soar high in the coming years primarily propelled by the increasing prominence of wastewater treatment across the globe coupled with growing healthcare & pollution control initiatives. As per estimations by the United Nations, the amount of wastewater generated yearly is about 1,500 km3, which is six times more than the water that exists in all the rivers across the world.
Over the past decade, due to the rise in industrial pollution optimum management of wastewater has emerged as a major challenge for governments worldwide. According to the World Health Organization, unsafe or insufficient water, hygiene, and sanitation issues cause approximately 3.1% of all global deaths, and 3.7% of DALYs (Disability Adjusted Life Years) globally.
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Calcium Nitrate Market Uses or Application
o Fertilizers
o Wastewater treatment chemicals
o Concrete manufacturing
o Explosives
o Others
Calcium Nitrate Market, Grade by Application
o Agriculture
o Greenhouse
o Fertigation
o Liquid
o Others
• Fertilizers
• Wastewater treatment chemicals
• Concrete manufacturing
• Explosives
• Others
Giant multinational players are operating in the calcium nitrate market. Some major players working in the industry include Yara International ASA, Agrium Inc. and Sterling Chemicals. Companies in calcium nitrate industry are involved in forward and backward integration of their business to meet product demand at minimal costs.
For instance, in June 2012, GFS Chemicals, Inc. expanded its Columbus facility to manufacture cerium intermediates to backward integrate its domestic production operations. Companies are also involved in geographic expansion, e.g., in April 2017, Haifa Chemicals Limited opened its new subsidiary in Colombia as Haifa Colombia SAS. It will serve the local distributors with plant nutrition solutions and will aid the company in capturing new market in Colombia.
Expounding the lucrative opportunities for the calcium nitrate market in Europe
Statistics indicate that in 2017, nearly 4.1 billion metric tons of cement were produced globally – a number that is projected to steadily rise to 4.4 billion metric tons by 2020. Cement is the key to making concrete, which is used in building skyscrapers, monuments, roads, bridges and even stadiums, among others. Whether the concrete is mixed on site or in factories, the aggregates mixed with cement need to be appropriate for the physical and climatic stress a structure will face.
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Enumerating construction sector trends in Europe that underscore the potential of calcium nitrate industry
In 2014, Russia commenced a mammoth construction project to build Europe’s longest bridge to connect Taman Peninsula of the Krasnodar Region with Crimea’s Kerch Peninsula. Spanning 19 miles, the US$3.8 billion bridge represents the ambitious nature of Russia’s infrastructure plans and demonstrates the growth prospects for calcium nitrate market in the region.
Asia Pacific calcium nitrate market will be growing with maximum CAGR over the forecast timeframe. Europe is the third-largest consumer of calcium nitrate with large end-user industries. The thermal energy industry is estimated to be a major consumer of calcium nitrate based molten salts in Europe. Molten salts technology is employed along with intense solar power for use in electricity generation at a later stage.
Browse key industry from the report, “Calcium Nitrate Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/Calcium-nitrate-market
It allows solar power to generate electricity on a more constant basis. Germany, France, Italy, Spain and the U.K. are the key markets for calcium nitrate in the region. Together, these account for a major share of the calcium nitrate market in terms of revenue.
Some of the key organizations having a significant foothold of the calcium nitrate market are Airedale Chemical, Vardhaman Fertilizers & Seeds Pvt. Ltd., Agrium Inc., Yara International ASA, Rural Liquid Fertilisers, Haifa Chemicals Ltd, and GFS Chemicals, Inc. These organizations, as is observed, have been working to expand their manufacturing capacities, geographical reach, and have also been introducing new business units, particularly across developing economies, such as the ones in the Asia Pacific where labor and property costs are economical.
Citing an example of industrial expansion, in 2017, Haifa Chemicals Limited launched its new business subsidiary in Colombia called the Haifa Colombia SAS. The new facility reportedly provides plant nutrition solutions to distributors in the local periphery, helping the firm in establishing itself in the Colombia market.
For instance, in June 2012, GFS Chemicals, Inc. expanded its Columbus facility to manufacture cerium intermediates to backward integrate its domestic production operations. Companies are also involved in geographic expansion, e.g., in April 2017, Haifa Chemicals Limited opened its new subsidiary in Colombia as Haifa Colombia SAS. It will serve the local distributors with plant nutrition solutions and will aid the company in capturing new market in Colombia.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. GFS Chemicals
2. Haifa Group
3. Agrium
4. Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd.
5. RURAL LIQUID FERTILISERS PTY LTD
6. Yara International
7. UralChem
8. Sterling Chemicals, India
9. Prathista Industries Limited
10. VARDHAMAN FERTILIZERS AND SEEDS PVT LTD
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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