openPR Logo
Press release

Nitric Acid Market Analysis, Historical Chart | Provided by Procurement Resource

02-27-2023 02:06 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Procurement Resource

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly.

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly.

Product Name - Nitric Acid

HS Code - 280800

Molecular Weight - 63.013 g/mol

Chemical Formula - HNO3

Synonyms - 7697-37-2, Azotic acid, Hydrogen nitrate, Aqua fortis, Salpetersaeure

Currency - US$ (Data can also be provided in local currency)

Supplier Database Availability - Yes

Customization Scope - Our services can be customized as per the requirements of the customer

Post-Sale Analyst Support - 360-degree analyst support after service delivery

Region/Countries for which Data is available

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco

Request for Real Time Nitric Acid Prices: https://www.procurementresource.com/resource-center/nitric-acid-price-trends/pricerequest

Nitric acid is an inorganic compound that contain the molecules of nitrogen, hydrogen, and oxygen. It has an irritant odour and is strongly corrosive. The chemical formula of nitric acid is HNO3, and its molecular weight is 63.013 g/mol. The product is also referred to as Hydrogen nitrate and is produced by ammonia. The HS code of nitric acid 280800 and its density is 1.51 g/cm³.

The nitric acid importing countries are Malaysia, France, China, and Belgium. While, the exporting countries the Saudi Arabia, Finland, Hungary, and Uzbekistan.

Key Details About the Nitric Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Nitric Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Nitric Acid Price Trend: https://www.procurementresource.com/resource-center/nitric-acid-price-trends

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Nitric Acid price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Nitric Acid Price Trend:

There are several applications for Nitric Acid in the industrial sector that influence the price trend such as production of nitrate salts, coal tar products, making dyes, plastics, and drugs. Nitric Acid is also employed in the manufacturing of nylon and explosives like nitroglycerin and trinitrotoluene (T.N.T).

Key Players:

CF Fertilisers,
The Chemical Company,
Ube Industries, Ltd,
The Chemours Company,
LSB Industries

News and Events:

April 2021: The South Korean company Hanwha Corporation revealed plans to invest KRW 190 billion in the construction of a 400 kiloton per year nitric acid production facility by the year 2024 in Yeosu Industrial Complex, south of Seoul (USD 170 million). As a result, the company's ability to produce nitric acid annually is expected to double from its present value of 120 kiloton to 520 kiloton by 2024.

March 2021: HUCHEMS said that it had finished designing the layout and choosing the technology partners for its new nitric plant, which would be constructed in Yeosu City, Seoul, South Korea, by 2024. Additionally, the company has spent KRW 150 billion (USD 132 million) and constructed a new nitric acid plant with a 0.4 million tonne annual production capacity. The plant may boost the company's total nitric acid production capacity to 1.5 million tonne.

Related Reports:

Nitrobenzene Price Trend - https://www.procurementresource.com/resource-center/nitrobenzene-price-trends

Nicotinamide Price Trend - https://www.procurementresource.com/resource-center/nicotinamide-price-trends

Nickel Price Trend - https://www.procurementresource.com/resource-center/nickel-price-trends

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nitric Acid Market Analysis, Historical Chart | Provided by Procurement Resource here

News-ID: 2950647 • Views:

More Releases from Procurement Resource

Latest Lithium Sulfate Manufacturing Plant Project Report
Latest Lithium Sulfate Manufacturing Plant Project Report
Procurement Resource, a leading provider of procurement intelligence and market research solutions, has launched its latest Lithium Sulfate Manufacturing Report. This in-depth report provides a roadmap for entrepreneurs and businesses looking to establish a successful lithium sulfate manufacturing unit, offering critical insights into industry trends, plant setup, machinery requirements, cost structures, and investment opportunities. Lithium Sulfate: A Key Industrial Compound Lithium sulfate (Li2SO4) is an inorganic compound widely utilized across various industries
Latest Watermelon Production Cost Report by Procurement Resource
Latest Watermelon Production Cost Report by Procurement Resource
Procurement Resource, a global leader in procurement intelligence and market research, proudly presents its latest Watermelon Production Cost Report. This all-inclusive report serves as a strategic tool for investors, agribusinesses, entrepreneurs, and stakeholders involved in or planning to enter the watermelon cultivation industry. It offers deep insights into production costs, cultivation techniques, market dynamics, input trends, sustainability practices, and profitability analysis to aid in informed decision-making. Watermelon: A Nutrient-Rich Global Fruit
Latest White Wine Production Cost Report by Procurement Resource
Latest White Wine Production Cost Report by Procurement Resource
Procurement Resource, a trusted name in procurement intelligence and market research, is pleased to release its latest White Wine Production Cost Report. This in-depth and meticulously researched document is a crucial tool for vineyard owners, investors, beverage industry stakeholders, and entrepreneurs aiming to understand the financial, operational, and market dynamics of white wine production. With comprehensive cost assessments, process insights, raw material evaluations, and industry trends, this report equips businesses
Salicylic Acid Price Trend: Market Analysis, Historical Forecasts, and Regional Outlook
Salicylic Acid Price Trend: Market Analysis, Historical Forecasts, and Regional …
Salicylic acid is a versatile organic compound widely used in pharmaceuticals, personal care products, and the food and chemical industries. Its popularity as a key ingredient in acne treatment formulations, preservatives, and analgesics has led to increasing demand globally. As such, understanding the Salicylic Acid price trend is essential for manufacturers, procurement professionals, distributors, and analysts operating within these markets. In this comprehensive guide, we explore the current pricing landscape, market

All 5 Releases


More Releases for Nitric

Nitric Acid Prices 2025: Track Real-Time Prices
Nitric Acid Prices (Ex-Works China): YoY Trends and 2025 Outlook The Nitric Acid market in China has experienced a significant decline in prices over the past year, driven by market fluctuations, demand uncertainties, and global supply chain challenges. Based on Ex-Works China pricing data, the price per ton of Nitric Acid dropped notably from 2023 to 2024. Get the Real-Time Price Analysis: https://www.expertmarketresearch.com/price-forecast/nitric-acid-price-trends/requestsample In October 2023, Nitric Acid was priced at USD 300
Top Factor Driving Concentrated Nitric Acid Market Growth in 2025: Personal Prot …
"What market dynamics are playing a key role in accelerating the growth of the concentrated nitric acid market? The concentrated nitric acid market is projected to grow, driven by the increasing demands for personal protective equipment. Personal protective equipment (PPE) consists of safety apparel such as protective clothing, helmets, gloves, face shields, goggles, face masks, and breathing apparatus. Predominantly facemasks and gloves, made from plastic polymers, utilize concentrated nitric acid in
Top Factor Driving Concentrated Nitric Acid Market Growth in 2025: Personal Prot …
What market dynamics are playing a key role in accelerating the growth of the concentrated nitric acid market? The concentrated nitric acid market is projected to grow, driven by the increasing demands for personal protective equipment. Personal protective equipment (PPE) consists of safety apparel such as protective clothing, helmets, gloves, face shields, goggles, face masks, and breathing apparatus. Predominantly facemasks and gloves, made from plastic polymers, utilize concentrated nitric acid in
Nitric Acid Market Analysis & Forecast 2024-2033
The Business Research Company recently released a comprehensive report on the Global Nitric Acid Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Concentrated Nitric Acid Market Report 2024 - Concentrated Nitric Acid Market Tr …
"The Business Research Company recently released a comprehensive report on the Global Concentrated Nitric Acid Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive
Nitric Acid Market Report Up to 2031
Visiongain has published a new report on Nitric Acid Market Report to 2031: By Type (Strong Nitric Acid, Fuming Nitric Acid, Other Type) By Application (Ammonium Nitrate, Adipic Acid, Toluene di-isocyanate (TDI), Nitrobenzene, Nitrochlorobenzene, Others Application) By End-Users (Fertilizers, Explosives, Chemical Intermediates, Others End-User) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country. Visiongain has estimated that the total market for