What is the market size for the nitric acid?

The Market is expected to grow by 6.66 million t in 2023-2027. <a href='https://www.technavio.com/report/nitric-acid-market-industry-analysis'>Read More</a>

What is the CAGR for the nitric acid?

1.98% CAGR with 6.66 million t Momentum. <a href='https://www.technavio.com/report/nitric-acid-market-industry-analysis'>Read More</a>

What is the growth rate of the Nitric Acid market?

1.98% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/nitric-acid-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Nitric Acid market?

APAC with 39.64% of the market growth. <a href='https://www.technavio.com/report/nitric-acid-market-industry-analysis'>Read More</a>

Who are the prominent players in the Nitric Acid market?

ANPI, BASF SE, CF Industries Holdings Inc., Dyno Nobel, ENAEX S.A., Hanwha Solutions Corp., IXOM Ltd., J.R. Simplot Co., Koch Industries Inc., LSB .... <a href='https://www.technavio.com/report/nitric-acid-market-industry-analysis'>Read More</a>

Nitric Acid Market by Application, Grade Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023
Pages: 157
SKU: IRTNTR45471

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Nitric Acid Market Forecast 2023-2027

The Nitric Acid Market size is estimated to grow by 6.66 million T between 2022 and 2027, exhibiting a CAGR of 1.98%. Market growth hinges on multiple factors, such as the expansion of the automotive sector, rising utilization of polyurethane foam, and the heightened demand for TNT explosives. Challenges entail health concerns linked to fertilizers, NOx emissions during adipic acid production, and dwindling demand for ammonium nitrate. Our report examines historic data from 2017 to 2021 besides analyzing the current market scenario. This sector heavily relies on materials such as nylon 66 and polyurethanes, both of which are derived from nitric acid, for their lightweight yet durable properties. With the increasing sales of passenger and commercial vehicles, there is a parallel surge in demand for nitric acid to meet the production needs of these essential automotive components. As automotive manufacturers strive to meet consumer demands for lighter, more fuel-efficient vehicles without compromising on durability and safety, the demand for materials derived from nitric acid continues to rise, driving growth in both the automotive and nitric acid industries.

What will be the Nitric Acid Market Size During the Forecast Period?

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Market Segmentation

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Grade Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million t)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
- Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

5 Market Segmentation by Application

5.1 Market segments
- Exhibit 25: Chart on Application - Market share 2022-2027 (%)
- Exhibit 26: Data Table on Application - Market share 2022-2027 (%)

5.2 Comparison by Application
- Exhibit 27: Chart on Comparison by Application
- Exhibit 28: Data Table on Comparison by Application

5.3 Fertilizers - Market size and forecast 2022-2027
- Exhibit 29: Chart on Fertilizers - Market size and forecast 2022-2027 (million t)
- Exhibit 30: Data Table on Fertilizers - Market size and forecast 2022-2027 (million t)
- Exhibit 31: Chart on Fertilizers - Year-over-year growth 2022-2027 (%)
- Exhibit 32: Data Table on Fertilizers - Year-over-year growth 2022-2027 (%)

5.4 Others - Market size and forecast 2022-2027
- Exhibit 33: Chart on Others - Market size and forecast 2022-2027 (million t)
- Exhibit 34: Data Table on Others - Market size and forecast 2022-2027 (million t)
- Exhibit 35: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Others - Year-over-year growth 2022-2027 (%)

5.5 Market opportunity by Application
- Exhibit 37: Market opportunity by Application (million t)
- Exhibit 38: Data Table on Market opportunity by Application (million t)

6 Market Segmentation by Grade Type

6.1 Market segments
- Exhibit 39: Chart on Grade Type - Market share 2022-2027 (%)
- Exhibit 40: Data Table on Grade Type - Market share 2022-2027 (%)

6.2 Comparison by Grade Type
- Exhibit 41: Chart on Comparison by Grade Type
- Exhibit 42: Data Table on Comparison by Grade Type

6.3 Commercial - Market size and forecast 2022-2027
- Exhibit 43: Chart on Commercial - Market size and forecast 2022-2027 (million t)
- Exhibit 44: Data Table on Commercial - Market size and forecast 2022-2027 (million t)
- Exhibit 45: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 46: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

6.4 Noncommercial - Market size and forecast 2022-2027
- Exhibit 47: Chart on Noncommercial - Market size and forecast 2022-2027 (million t)
- Exhibit 48: Data Table on Noncommercial - Market size and forecast 2022-2027 (million t)
- Exhibit 49: Chart on Noncommercial - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Noncommercial - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Grade Type
- Exhibit 51: Market opportunity by Grade Type (million t)
- Exhibit 52: Data Table on Market opportunity by Grade Type (million t)

7 Customer Landscape

7.1 Customer landscape overview
- Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
- Exhibit 54: Chart on Market share by geography 2022-2027 (%)
- Exhibit 55: Data Table on Market share by geography 2022-2027 (%)

8.2 Geographic comparison
- Exhibit 56: Chart on Geographic comparison
- Exhibit 57: Data Table on Geographic comparison

8.3 Europe - Market size and forecast 2022-2027
- Exhibit 58: Chart on Europe - Market size and forecast 2022-2027 (million t)
- Exhibit 59: Data Table on Europe - Market size and forecast 2022-2027 (million t)
- Exhibit 60: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2022-2027 (%)

8.4 APAC - Market size and forecast 2022-2027
- Exhibit 62: Chart on APAC - Market size and forecast 2022-2027 (million t)
- Exhibit 63: Data Table on APAC - Market size and forecast 2022-2027 (million t)
- Exhibit 64: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 65: Data Table on APAC - Year-over-year growth 2022-2027 (%)

8.5 North America - Market size and forecast 2022-2027
- Exhibit 66: Chart on North America - Market size and forecast 2022-2027 (million t)
- Exhibit 67: Data Table on North America - Market size and forecast 2022-2027 (million t)
- Exhibit 68: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 69: Data Table on North America - Year-over-year growth 2022-2027 (%)

8.6 South America - Market size and forecast 2022-2027
- Exhibit 70: Chart on South America - Market size and forecast 2022-2027 (million t)
- Exhibit 71: Data Table on South America - Market size and forecast 2022-2027 (million t)
- Exhibit 72: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 73: Data Table on South America - Year-over-year growth 2022-2027 (%)

8.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 74: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
- Exhibit 75: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
- Exhibit 76: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 77: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

8.8 China - Market size and forecast 2022-2027
- Exhibit 78: Chart on China - Market size and forecast 2022-2027 (million t)
- Exhibit 79: Data Table on China - Market size and forecast 2022-2027 (million t)
- Exhibit 80: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2022-2027 (%)

8.9 US - Market size and forecast 2022-2027
- Exhibit 82: Chart on US - Market size and forecast 2022-2027 (million t)
- Exhibit 83: Data Table on US - Market size and forecast 2022-2027 (million t)
- Exhibit 84: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 85: Data Table on US - Year-over-year growth 2022-2027 (%)

8.10 Germany - Market size and forecast 2022-2027
- Exhibit 86: Chart on Germany - Market size and forecast 2022-2027 (million t)
- Exhibit 87: Data Table on Germany - Market size and forecast 2022-2027 (million t)
- Exhibit 88: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 89: Data Table on Germany - Year-over-year growth 2022-2027 (%)

8.11 France - Market size and forecast 2022-2027
- Exhibit 90: Chart on France - Market size and forecast 2022-2027 (million t)
- Exhibit 91: Data Table on France - Market size and forecast 2022-2027 (million t)
- Exhibit 92: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 93: Data Table on France - Year-over-year growth 2022-2027 (%)

8.12 India - Market size and forecast 2022-2027
- Exhibit 94: Chart on India - Market size and forecast 2022-2027 (million t)
- Exhibit 95: Data Table on India - Market size and forecast 2022-2027 (million t)
- Exhibit 96: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 97: Data Table on India - Year-over-year growth 2022-2027 (%)

8.13 Market opportunity by geography
- Exhibit 98: Market opportunity by geography (million t)
- Exhibit 99: Market opportunity by geography (million t) - Volume

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges
- Exhibit 100: Impact of drivers and challenges in 2022 and 2027

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape
- Exhibit 101: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption
- Exhibit 102: Overview on factors of disruption

10.4 Industry risks
- Exhibit 103: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
- Exhibit 104: Vendors covered

11.2 Market positioning of vendors
- Exhibit 105: Matrix on vendor position and classification

11.3 ANPI
- Exhibit 106: ANPI - Overview
- Exhibit 107: ANPI - Product / Service
- Exhibit 108: ANPI - Key offerings

11.4 BASF SE
- Exhibit 109: BASF SE - Overview
- Exhibit 110: BASF SE - Business segments
- Exhibit 111: BASF SE - Key news
- Exhibit 112: BASF SE - Key offerings
- Exhibit 113: BASF SE - Segment focus

11.5 CF Industries Holdings Inc.
- Exhibit 114: CF Industries Holdings Inc. - Overview
- Exhibit 115: CF Industries Holdings Inc. - Business segments
- Exhibit 116: CF Industries Holdings Inc. - Key news
- Exhibit 117: CF Industries Holdings Inc. - Key offerings
- Exhibit 118: CF Industries Holdings Inc. - Segment focus

11.6 Dyno Nobel
- Exhibit 119: Dyno Nobel - Overview
- Exhibit 120: Dyno Nobel - Product / Service
- Exhibit 121: Dyno Nobel - Key offerings

11.7 ENAEX S.A.
- Exhibit 122: ENAEX S.A. - Overview
- Exhibit 123: ENAEX S.A. - Product / Service
- Exhibit 124: ENAEX S.A. - Key offerings

11.8 Hanwha Solutions Corp.
- Exhibit 125: Hanwha Solutions Corp. - Overview
- Exhibit 126: Hanwha Solutions Corp. - Business segments
- Exhibit 127: Hanwha Solutions Corp. - Key offerings
- Exhibit 128: Hanwha Solutions Corp. - Segment focus

11.9 J.R. Simplot Co.
- Exhibit 129: J.R. Simplot Co. - Overview
- Exhibit 130: J.R. Simplot Co. - Product / Service
- Exhibit 131: J.R. Simplot Co. - Key offerings

11.10 LSB Industries Inc
- Exhibit 132: LSB Industries Inc - Overview
- Exhibit 133: LSB Industries Inc - Product / Service
- Exhibit 134: LSB Industries Inc - Key offerings

11.11 Nutrien Ltd.
- Exhibit 135: Nutrien Ltd. - Overview
- Exhibit 136: Nutrien Ltd. - Business segments
- Exhibit 137: Nutrien Ltd. - Key offerings
- Exhibit 138: Nutrien Ltd. - Segment focus

11.12 Qingdao Hisea Chem Co. Ltd.
- Exhibit 139: Qingdao Hisea Chem Co. Ltd. - Overview
- Exhibit 140: Qingdao Hisea Chem Co. Ltd. - Product / Service
- Exhibit 141: Qingdao Hisea Chem Co. Ltd. - Key offerings

11.13 Rashtriya Chemicals and Fertilizers Ltd.
- Exhibit 142: Rashtriya Chemicals and Fertilizers Ltd. - Overview
- Exhibit 143: Rashtriya Chemicals and Fertilizers Ltd. - Business segments
- Exhibit 144: Rashtriya Chemicals and Fertilizers Ltd. - Key offerings
- Exhibit 145: Rashtriya Chemicals and Fertilizers Ltd. - Segment focus

11.14 Sasol Ltd.
- Exhibit 146: Sasol Ltd. - Overview
- Exhibit 147: Sasol Ltd. - Business segments
- Exhibit 148: Sasol Ltd. - Key news
- Exhibit 149: Sasol Ltd. - Key offerings
- Exhibit 150: Sasol Ltd. - Segment focus

11.15 Sumitomo Chemical Co. Ltd.
- Exhibit 151: Sumitomo Chemical Co. Ltd. - Overview
- Exhibit 152: Sumitomo Chemical Co. Ltd. - Business segments
- Exhibit 153: Sumitomo Chemical Co. Ltd. - Key offerings
- Exhibit 154: Sumitomo Chemical Co. Ltd. - Segment focus

11.16 thyssenkrupp AG
- Exhibit 155: thyssenkrupp AG - Overview
- Exhibit 156: thyssenkrupp AG - Business segments
- Exhibit 157: thyssenkrupp AG - Key offerings
- Exhibit 158: thyssenkrupp AG - Segment focus

11.17 Yara International ASA
- Exhibit 159: Yara International ASA - Overview
- Exhibit 160: Yara International ASA - Business segments
- Exhibit 161: Yara International ASA - Key news
- Exhibit 162: Yara International ASA - Key offerings
- Exhibit 163: Yara International ASA - Segment focus

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist
- Exhibit 164: Inclusions checklist
- Exhibit 165: Exclusions checklist

12.3 Currency conversion rates for US$
- Exhibit 166: Currency conversion rates for US$

12.4 Research methodology
- Exhibit 167: Research methodology
- Exhibit 168: Validation techniques employed for market sizing
- Exhibit 169: Information sources