North America Calcium Nitrate Market Sets the Table for Continued Growth

The North America Calcium Nitrate Market was valued at US$ 1,719.91 million in 2022 and is expected to reach US$ 3,770.77 million by 2030; it is estimated to register a CAGR of 10.3% from 2022 to 2030.
The North America calcium nitrate market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Calcium nitrate is produced in granulated form and is mostly used as a nitrogen fertilizer in agriculture.

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Calcium has many important benefits for plants. It improves cell wall strength, which leads to higher-quality fruits with a longer shelf-life. Calcium also increases heat tolerance and helps to reduce the amount of heat stress experienced by plants in warmer climates. It's also used in odor-prevention wastewater pre-conditioning and set-accelerating concrete admixtures. In wastewater treatment processes, the compound induces anoxic biology in wastewater treatment to inhibit the metabolic generation of odor-creating components such as hydrogen sulfide, thus eliminating foul odors.

MARKET INTRODUCTION

It also induces autotrophic denitrification that aids in the biological dissolution of sulfide in septic wastewater. Further, in concrete manufacturing, calcium nitrate is used as a multifunctional additive in mortars and concrete; it serves as a fixed accelerator, plasticizer, long-term strength enhancer, and antifreeze admixture. Calcium nitrate can be used in molten salt mixtures. These molten salts can be used to replace thermo oil in concentrated solar power plants for heat transfer, although they're more commonly utilized for heat storage.

In case of COVID-19, in North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of calcium nitrate manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for calcium nitrate during the early months of 2020. Moreover, decline in the overall fertilizers manufacturing activities has led to discontinuation of calcium nitrate manufacturing projects, thereby reducing the demand for calcium nitrate. Similar trend was witnessed in other North America countries, i.e., Mexico, Canada, Panama and Costa Rica. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
List of Companies Profiled in the North America Calcium Nitrate Market Report are:
• Nutrien
• Yara international ASA
• GFS Chemicals, Inc.
• Haifa Group
• Uralchem holding PLC
• Rural Liquid Fertilisers
• ProChem, Inc.
• Van Iperen International
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Key Segmentation:

Based on application, the fertilizers segment accounted for the largest share of the North America calcium nitrate market in 2020. The fertilizers segment led the North America calcium nitrate market in 2020. Calcium nitrate is a complex, water-soluble fertilizer constituting 15.5% nitrogen (N) in a readily available form and 18.5% calcium (Ca). Calcium is one of the secondary nutrients required for crop production. It helps improve fruit color, luster, and consistency; soil structure and water penetration; and crop's pest and disease resistance. Calcium nitrate fertilizers are the only water-soluble source of calcium available for plants. It can be used as a fertilizer as well as a disease control agent. The compound helps stabilize cell growth as well as boosts protein and leaf production by promoting cell formation. It also helps in the detoxification of plants by neutralizing acids. A few crops, especially fruiting ones such as tomatoes, may suffer from calcium deficiency due to heat and moisture stress; calcium nitrate is applied to such crops for nourishment, as well as disease prevention and treatment. Furthermore, many manufacturers are offering calcium nitrate fertilisers which improve crop quality. For instance, Yara International ASA offers YaraLiva fertilisers which are a calcium nitrate-based fertiliser range that combines fast acting nitrate nitrogen with strength-building calcium and boron, engineered for high value quality field crops to boost size, strength, appearance, and, most importantly, marketable yield.

Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

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