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Sodium Nitrate Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Sodium Nitrate Market SizeThe global Sodium Nitrate market was valued at US$ 408.2 million in 2023 and is anticipated to reach US$ 496.4 million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.
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Sodium Nitrate Market
This report studies the sodium nitrate market.
Sodium nitrate occurs as colorless crystals or as a white crystalline powder. It is odorless and has a slightly salty taste.
China is the main market for sodium nitrate, accounting for about 40%, followed by North America, accounting for about 20%.
Major manufacturers include SQM, Shandong Haihua, Cosayach, Jianfeng Group, Linyi Luguang, etc. The top three companies account for about 25% of the market.
This report aims to provide a comprehensive presentation of the global market for Sodium Nitrate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sodium Nitrate.
Report Scope
The Sodium Nitrate market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Sodium Nitrate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Sodium Nitrate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
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Segment by Type
• Sodium Nitrate Crystal
• Industrial Sodium Nitrate
Segment by Application
• Glass
• Explosives
• Agricultural
• Chemical Industry
• Others
By Company
SQM, Shandong Haihua, Cosayach, Jianfeng Group, Sinkiang Nitrate Minerals, Linyi Luguang, Qinghai Yanhu, Shandong Xinhao, Haiye Chemical, Deepak Nitrite, ACF Nitratos, BASF, Uralchem, Sumitomo
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