What's Driving The Calcium Nitrate Market Size? | Key Company Profiled in GFS Chemicals, UralChem, Haifa Group, Agrium, Yara International

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

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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

Increasing popularity of calcium nitrate-based fertilizers shall propel the global product demand over the forecast period. On account of increasing health awareness and government initiatives, farmers across the globe are shifting towards product-based fertilizers, instead of urea and ammonia-based plant growth stimulators.

Fertilizers were the largest application segment in calcium nitrate market in 2017 and shall grow with highest CAGR over the forecast timespan. This can be attributed to the high product usage in the producing fertilizers. The high solubility of the product makes it popular source of nitrate and calcium for the plants.

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.

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

Latin America will be the fastest growing region in calcium nitrate market during the forecast period, as agriculture sector in the region is registering a rapid growth in product demand since past few years. North America was the second largest calcium nitrate market share holder in 2017 and forecast to grow with a prominent CAGR. This can be attributed to the large agriculture and wastewater treatment industries in this region. Due to massive wastewater treatment industry in this region along with prevalence of prominent industries, the region will exhibit decent growth in the coming years.
Calcium nitrate industry is highly diversified as many multinational players and local vendors are functional in the industry.

Some prominent players operating in the industry includes Yara International, Swiss Formulations India, GFS Chemicals Inc., Haifa Chemicals Ltd., Agrium Inc., Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd., Rural Liquid Fertilizers, Uralchem Holding PLC, Sterling Chemicals, Prathista Industries Limited, Vardhaman Fertilizers and Seeds Pvt Ltd.

Major players are increasing their production capacity to meet the increasing product demand across the globe. For instance, In January 2015, Yara International started the expansion of its fertilizer complex in Porsgrunn, Norway. This expansion will cost Yara international USD 350 million. In this plant, ammonia, calcium nitrate enriched fertilizers will be produced. This plant expansion shall help the company to meet the increasing demand of calcium nitrate-based fertilizers in the region.

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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. 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 industry in terms of revenue.

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.

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

A brief outline of the calcium nitrate industry 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.

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.

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. Citing another project being undertaking in the nearby areas, Croatia is building a bridge to link Dubrovnik to the rest of the nation, with the structure being funded by the European Union. As evident, regional authorities are also backing prominent infrastructure plans and setting up a promising future for the concrete industry with regards to consumption.

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