Press release
Calcium Nitrate Market Size, Share, Development by 2024
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Calcium nitrate is the colorlessly inorganic compound with the formula Ca (NO3)2. Calcium nitrate is hygroscopic, absorbing moisture from the air and is commonly found as a tetrahydrate.
Scope of the Report:
Recently, manufacturing of calcium nitrate is mainly concentrate in China and Europe. Europe takes up about 35% of global production. It is because Yara International and Haifa have large capacity. For China, manufacturers are mainly in Shanxi province for the low cost of raw materials. Demand of calcium nitrate is high; the product is more used in fertilizer, refrigerant and rubber latex industry. China, Europe and Latin America are the mainly consumption regions for calcium nitrate. It may be because of the development of agriculture and rubber latex industry.
Yara International has the largest capacity for calcium nitrate. Yara International has announced to expand the capacity by 1600 K MT to 2021. For lots of China calcium nitrate manufacturers, the capacity is between 1100-1300 K MT; as a result, the challenge is fierce. Thus export of calcium nitrate to South Africa and Latin America is better choice.
For the decreased price of raw materials and fierce challenge, price of calcium nitrate of China manufacturers is low. As a result, for many China local suppliers, gross margin is low and below 17% in 2015. Global price was basically stable in the past 3 years. In the future, the price will decrease more and gross margin will be eliminated again.In the future, demand of calcium nitrate will keep stable. The trend is similar to the production of calcium. While for the fierce challenge, price and gross margin will further decrease. Manufacturers are expected to lower cost in a large scale.
The worldwide market for Calcium Nitrate is expected to grow at a CAGR of roughly 2.6% over the next five years, will reach 4497.8 million US$ in 2024, from 3959.2 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Calcium Nitrate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Yara
Sasol
Haifa Chemicals
RLF
URALCHEM
Airedale Chemical
Jiaocheng Chemicals
Yunli Chemical
Tianlong Chemical
Dongxing Chemical
Leixin Chemical
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Agricultural Grade
Industrial Grade
Other Types
Market Segment by Applications, can be divided into
Fertilizer
Refrigerant
Rubber Latex
Other
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-calcium-nitrate-market_p138454.html
Related Information:
North America Calcium Nitrate Market Growth 2019-2024
United States Calcium Nitrate Market Growth 2019-2024
Asia-Pacific Calcium Nitrate Market Growth 2019-2024
Europe Calcium Nitrate Market Growth 2019-2024
EMEA Calcium Nitrate Market Growth 2019-2024
Global Calcium Nitrate Market Growth 2019-2024
China Calcium Nitrate Market Growth 2019-2024
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