Calcium Nitrate Market Trends, Challenges and Growth Drivers Analysis 2024 | Key Company Profiled in GFS Chemicals, UralChem, Haifa Group, Agrium, Yara International

Explosives application segment held a prominent share in global calcium nitrate market in 2017 and is likely to grow with a healthy CAGR in next few years. Most of the homemade explosives are made by using calcium nitrate. Fertilizers created a major chunk of product demand in 2017 and shall expand with highest growth rate over the forecast timespan. This can be attributed to the increasing product usage as a substitute to the urea and ammonia in fertilizers.

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Global Calcium Nitrate Market is forecast to exceed USD 12.6 billion; according to a new research report. 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.

Calcium Nitrate Market by Application
o Fertilizers
o Wastewater treatment chemicals
o Concrete manufacturing
o Explosives
o Others

Market, Grade by Application
o Agriculture
o Greenhouse
o Fertigation
o Liquid
o Others

Calcium nitrate is extensively used in wastewater treatment facilities to minimize foul odors by up to 90 percent, by stopping the wastewater from becoming septic. The constant increase in clean water demand amid possible threats of biological contaminates has also been lending positive momentum to calcium nitrate market growth. Of late, the product apparently has also gained recognition in the solar power sector – it is used as molten salt in solar towers. As the energy sector expands further with renewable alternatives and solar power projects are anticipated to grow in number, the revenue graph of calcium nitrate industry is anticipated to depict exponential growth.

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

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.

A brief outline of the calcium nitrate market in accordance with the application spectrum has been outlined below:

Fertilizers

Calcium nitrate market size from fertilizers has been exponentially surging over the last few years due to increasing consumer efforts pertaining to improving yield quality and boosting profitability from agricultural trade. Some of the major contenders of the calcium nitrate fertilizer market have been constantly reinventing & innovating their crop nutrition portfolios to deliver increased crop yield and improved crop quality with minimum environmental impact.

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Citing an instance, Yara, a fertilizer behemoth, is renown to offer an extensive collection of cutting-edge calcium nitrate based fertilizing solutions, called YaraLiva. The YaraLiva calcium nitrates employ quick-acting nitrate-N, in conjunction with strength-developing calcium, and the unconventional collaboration of these two nutrients fuels longer growth. Trees and plants treated with calcium nitrate fertilizers become naturally healthy and are less sensitive to growth stress. Acting proactively through sprout to harvest, these fertilizers enhance the appearance, strength, stature, glow, and size of the tuber, fruit, lettuce, seed, vegetable, or leaf being cultivated. In consequence, with calcium nitrate fertilizers, farmers can harvest high-value, healthy, and highly saleable produce. Considering the soaring demand for food worldwide, the requirement of these fertilizers is only bound to increase, which would help augment calcium nitrate market share from fertilizers in the years ahead.

Wastewater treatment chemicals

Wastewater plays host to a number of undesirable substances, some of which can prove to be extremely harmful if left untreated. Water has to be treated with appropriate processes & chemicals to remove solid suspended particles and avoid penetration of disease-causing virus, bacteria, and protozoa. The bacteria in untreated wastewater can undergo a chemical reaction to generate active sulphides, post which hydrogen molecules bond with these sulphides to create malodourous H2S gas, imparting an unbearable stench to wastewater.

Expounding the lucrative opportunities for the calcium nitrate market in Europe

Over the last few years, European countries have been recovering from a financial downturn which had upset the global economic structure. Growing industrial and technology sectors have paved the way for building modern, more efficient structures in addition to developing renewable energy grid networks. Subsequently, the cement and concrete segment in the region has evolved and adapted to the need for flexible and stronger buildings, roads and bridges. The calcium nitrate industry in Europe has proliferated from the extensive requirement of suitable concrete admixtures that strengthen the material and improve its properties.

Browse key industry from the report, “Calcium Nitrate Market” in detail along with the table of contents:
www.gminsights.com/industry-analysis/Calcium-nitrate-market

With the surging utilization of calcium nitrate across a plethora of applications in government, industrial, and agricultural sectors, it goes without saying that the commercialization graph of calcium nitrate industry will depict a commendable incline over the coming years. As per estimates, the overall calcium nitrate market size is projected to cross USD 12.6 billion by 2025.

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