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

06-25-2019 06:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Calcium Nitrate Market

Calcium Nitrate Market

Calcium Nitrate Market size was more than USD 8.5 billion in 2017 and worth over $12.6 bn with 5.3% CAGR during 2018-2025. 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 market is anticipated to depict exponential growth.

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Calcium Nitrate Market by 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

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 market in terms of revenue.

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 market in Europe has proliferated from the extensive requirement of suitable concrete admixtures that strengthen the material and improve its properties.

Rapid agricultural and infrastructure development around the world has propagated the calcium nitrate market expansion, with increased use of the chemical in fertilizers, water treatment and concrete manufacturing. The water treatment application specifically, has garnered momentum owing to the need for clean water to support the growing population and the fast depleting fresh water resources. The calcium nitrate industry, however, is being considerably benefited by the use in preparation of concrete in Asia, Europe and North America. These regions are witnessing swift transformation in terms of economy, and a boom in the construction sector derived from the rising disposable income and the need for new, better infrastructure.

Water is required to be treated to restrict suspended solid particles and prevent proliferation of bacteria, virus, and protozoa. Global demand for clean water has been increasing at a steady pace due to concerns associated with the environmental impact of biological contaminates and more stringent manufacturing requirements in process water.

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

The wastewater disposal regulations have not been implemented seriously across Asia Pacific (excluding Japan and South Korea). Moreover, the stress on Asia Pacific’s water resources has been rapidly intensifying with the rise in population and growing urbanization rates. The decrease in fresh water resources coupled with insufficient water infrastructure for treating wastewater, is likely to create demand for waste-water treatment facilities and chemicals in nations such as India, China, Sri Lanka and Bangladesh. This, in turn will be positively influencing calcium nitrate market in the coming years.

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Fertigation grade calcium nitrate market will be expanding with a prominent CAGR during the forecast period. Fertigation is the process of supplying fertilizers and other nutrients to the crops in irrigation water. Fertigation grade calcium nitrate has high content calcium and helps in improving calcium deficiency of crops.

Concrete manufacturing will be a growing segment in global calcium nitrate market during the forecast period. Many different additives (including calcium nitrate) are used in the contemporary manufacturing process to improve the handling and the concrete properties. Calcium nitrate is used to promote rapid setting of concrete and mortar. It can be used with all types of concrete; wherein faster setting times are required.

Global calcium nitrate market application insights
5.2. Fertilizers
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Market estimates and forecast by region, 2014 - 2025
5.3. Wastewater treatment chemicals
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast by region, 2014 - 2025
5.4. Concrete manufacturing
5.4.1. Market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast by region, 2014 - 2025
5.5. Explosives
5.5.1. Market estimates and forecast, 2014 - 2025
5.5.2. Market estimates and forecast by region, 2014 - 2025
5.6. Others
5.6.1. Market estimates and forecast, 2014 - 2025
5.6.2. Market estimates and forecast by region, 2014 - 2025

It can be used as concrete admixture in various ways, including as a long-term strength enhancer, as an antifreeze ad mixture or winter concreting admixture and as inhibitor against chloride induced corrosion of steel. Additionally, the product is a cost effective and environment friendly inhibitor unlike established inhibitors such as calcium nitrite.

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.

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

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.

Contact Us:

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

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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