Research on Global Nitric Acid Market to Offer Outlook on Growth Opportunities

Big Market Research added a report on “Global Nitric Acid Market 2017-2021 - Nitric Acid Industry Research, Analysis, Technology, Growth, Demand, Report, Trends and Forecast”
Report splits Global into several key Regions, with production, consumption, revenue, and market share and growth rate of Nitric Acid in these regions, from 2011 to 2021

ABSTRACT

About Nitric Acid
Nitric acid is used as an intermediate in the manufacture of polyurethane (PU) foams. There is an increasing demand for PU foams in transportation, furniture and bedding, and construction industries. The expanding market for nitric acid is attributed to its extensive use in fertilizers and production of adipic acid, TDI,
nitrobenzene, and nitro chlorobenzene.

Technavio’s analysts forecast the global nitric acid market to grow at a CAGR of 2.89% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global Nitric Acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the current market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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Technavio's report, Global Nitric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Agrium
• BASF
• Dyno Nobel
• LSB Industries
• The Dow Chemical Company
Other prominent vendors
• Apache Nitrogen Products
• CF Industries
• Ixom
• Rashtriya Chemicals & Fertilizers
• Rentech
• Sasol
• Simplot
Market driver
• Increasing use of polyurethane foam
• For a full, detailed list, view our report
Market trend
• Growth in bedding and furniture industry driven by expanding population
• For a full, detailed list, view our report

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