Press release
Growing Demand for Fertilizers Sodium Nitrate Market To Grow at a CAGR of 3.91% during the period 2017-2021
About Sodium Nitrate
Sodium nitrate is one of the widely used inorganic salts. It is used in fertilizers, pharmaceutical products, food, and gunpowder. It is a white crystalline salt that is found as mineral deposit called caliche ore in the Earths crust. This odorless compound is also known as Chile saltpeter. Chile and Peru are the largest producers of sodium nitrate. Sodium nitrate is a strong oxidizing agent. It is used as fertilizers to help in the crop yield by improving the nutrient content of the soil.
Technavios analysts forecast the global sodium nitrate market to grow at a CAGR of 3.91% 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 sodium nitrate market for 2017-2021. To calculate the market size, the report presents a detailed picture of the 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
Europe
ROW
Technavio's report, Global Sodium Nitrate 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.
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Key vendors
BASF
Dahua Group Dalian Guanlin International Trade
Hangzhou Xinlong Chemical
Liuzhou Chemical Industry
Rashtriya Chemicals and Fertilizers
Shandong Haihua Group
Sumitoma Chemical
SQM
Other prominent vendors
Akshay Group
Alfa Aesar
American Elements
Anhui Huaertai Chemicals
Chongqing Fuyuan Chemical
COFERMIN
HuaQiang Chemical Group
Jiangsu Huaihe Chemicals
Shanxi Jiaocheng Hongxing Chemicals
Sinkiang Nitrate Minerals
SNDB
Yingfengyuan Industrial Group
Zibo Xuhang Chemical
Market driver
Growing demand for fertilizers
For a full, detailed list, view our report
Market challenge
Soil deterioration caused by chemical fertilizers
For a full, detailed list, view our report
Market trend
Use of sodium nitrate in renewable energy segment
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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