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Global Nitric Acid Market Growth 2019-2024

04-01-2019 09:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Accurate Research Goal LLP

/ PR Agency: Global Nitric Acid Market Growth 2019-2024
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Accurate Researchgoal Market

Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. It is a strong oxidizing agent. It ionizes readily in solution, forming a good conductor of electricity. It is miscible with water in all proportions. Nitric acid is a clear to slightly yellow aqueous solution that has been treated to remove most free nitrogen oxides. This highly corrosive intermediate chemical is a strong mineral acid used in the production of nitrate based fertilizers, nylon precursors and other specialty chemicals. In this report we converting the different concentration of nitric acid into 100, namely in this report we counting the nitric acid(100%)’s capacity, production price and other items.
Nitric acid is poisonous liquid that gives off choking red or yellow fumes in moist air. The main application of nitric acid is in the production of nitrogen fertilizers. Considerable quantities are also used in the chemical synthesis of intermediate products in the production of such things as dyes, drugs, and explosives.

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The global production of nitric acid reached 42085 K MT by the end of year 2016. In the world wide, the top five manufacturers of nitric acid are CF Industries Holdings, Yara, EuroChem, URALCHEM and Orica.
The manufacturers of nitric acid are concentrated in America, Europe and China. Europe is the largest consumer in the world, which occupied about 32.65% in 2016.

According to this study, over the next five years the Nitric Acid market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 13800 million by 2024, from US$ 11400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Nitric Acid business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Nitric Acid market by product type, application, key manufacturers and key regions and countries.

This study considers the Nitric Acid value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Dilute Nitric Acid
Concentrated Nitric Acid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Fertilizer
Explosives
Polyurethanes
Polyamides
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
CF Industries Holdings
Yara
EuroChem
URALCHEM
Orica
PotashCorp
Acron
SBU Azot
OCI
LSB Industries
Dyno Nobel
CVR Partners
Agrium
Koch
Shanxi Tianji
Shanxi Xinghua
Yunnan Jiehua
Sinopec (Nanjing)
Sichuan Gold Elephant
Anhui JinHe Industrial
Holitech
Henan Jinkai
Shandong Dier-chem
Liuzhou Chemical
Jiangsu Huachang Chemical
Hongda Chemical
Luguang Chemical
Hualong Ammonium Nitrate
Sichuan Chemical
Fujian Shaohua

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global Nitric Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Nitric Acid market by identifying its various subsegments.
Focuses on the key global Nitric Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Nitric Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Nitric Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

About Us-

Researchgoal Market Insights is a leading market intelligence company that Sales reports of top publishers in the technology industry.
Our extensive research reports cover detailed market assessments that include major technological improvements in the industry. Researchgoal Market Insights also specializes in analyzing hi-tech systems and current processing systems in its expertise.
We have a team of experts that compile precise research reports and actively advise top companies to improve their existing processes. Our experts have extensive experience in the topics that they cover.
Researchgoal Market Insights provides you the full spectrum of services related to market research, and corroborate with the clients to increase the revenue stream, and address process gaps.

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Pune, MH, India - 411027.

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