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Leading Companies Reinforcing Their Presence in the Calcium Nitrate Market
Calcium Nitrate Market
Projected Size and Growth of the Calcium Nitrate Market by 2030
The calcium nitrate market is expected to experience robust growth, reaching a value of $10.97 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 6.1% over the forecast period. Factors propelling this growth include the widespread adoption of precision agriculture techniques, ongoing infrastructure projects, urban wastewater treatment initiatives, efforts to enhance food security, and improvements in fertilizer efficiency. Key trends anticipated to shape the market encompass increased use in specialty fertilizers, greater application in wastewater treatment, rising demand from the construction sector, growth in explosives and pyrotechnics uses, and a stronger focus on water-soluble nutrient solutions.
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Key Players Emerging in the Calcium Nitrate Industry
Several prominent companies dominate the calcium nitrate market landscape. Leading firms include Yara International ASA, EuroChem Group AG, Nutrien Ltd., CF Industries Holdings Inc., Haifa Group, Fertiberia S.A., Achema AB, Anhui Jinhe Industrial Co. Ltd., Jiaocheng Sanxi Chemical Co. Ltd., TIB Chemicals AG, Airedale Chemical Company Ltd., GFS Chemicals Inc., Barium & Chemicals Inc., URALCHEM, Grupa Azoty S.A., OCI N.V., Deepak Fertilisers and Petrochemicals Corporation Ltd., Shandong Hailan Chemical Industry Co. Ltd., Shaanxi Xinghua Chemistry Co. Ltd., Henan Xinlianxin Chemicals Group Co. Ltd., and Zouping Mingxing Chemical Co. Ltd.
A notable development took place in July 2024, when Israel-based specialty minerals company ICL Group Ltd acquired Custom Ag Formulators, a U.S. agricultural formulation business known for its Calcium X-Tra product. This acquisition aims to boost ICL's Growing Solutions division by diversifying its product portfolio and strengthening its foothold in the U.S. agricultural nutrition market.
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Key Trends Influencing the Calcium Nitrate Market
Innovations in calcium nitrate products are gaining momentum as companies focus on improving nutrient efficiency and crop health. One such advancement is the development of water-soluble calcium fertilizers, which dissolve easily in water to provide rapid calcium uptake by plants. This strengthens plant cell walls, promotes growth, and prevents nutrient deficiencies.
For example, in January 2025, Germany-based Bayer CropScience Limited introduced Wojiarun, a water-soluble calcium fertilizer, at an event in Hangzhou, China. Wojiarun is designed to boost crop nutrition and health with features such as high solubility, stability after dilution, and chelated calcium that enhances absorption even at lower temperatures without crystallization. The product contains 176 grams per liter of calcium, 170 grams per liter of nitrogen in ammonium and nitrate forms, along with 3 to 6 grams per liter of essential trace elements including copper, iron, manganese, zinc, and boron. This makes it suitable for diverse crops and application scenarios and represents a leading example of Bayer's innovative crop nutrition products in China for 2025.
Calcium Nitrate Market Segmentation Overview
This market report categorizes the calcium nitrate industry across several dimensions:
1) By Type: Liquid, Melt, and Crystals
2) By Process: Limestone-based and Ammonium Nitrate-based production
3) By Application: Fertilizer, Waste Water Treatment, Concrete, and Other Uses
4) By End-User Industry: Agriculture and Horticulture, Water and Wastewater Treatment Facilities, Construction and Infrastructure, Chemical and Industrial Processing, Mining, Explosives and Pyrotechnics, Refrigeration and Cooling Systems, and other sectors
Further subcategories include:
- Liquid type: Calcium Nitrate Solution and Fertilizer Grade Liquid Calcium Nitrate
- Melt type: Calcium Nitrate Melt for Industrial Use and Agricultural Use
- Crystals type: Calcium Nitrate Tetrahydrate Crystals and Anhydrous Calcium Nitrate Crystals
This detailed segmentation helps to understand the diverse applications and production processes that define the calcium nitrate market.
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