
Nitric Acid Market
Nitric Acid Market - Global Industry Assessment & Forecast
Segments Covered
By Application Fertilizers, Nitrobenzene, Adipic acid, Toluene diisocyanate (TDI), Nitrochlorobenzene, Other Applications
By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
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2022 |
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2023 - 2030 |
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2017 - 2021 |
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USD 28.56 Billion |
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USD 33.46 Billion |
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2.00% |
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Asia Pacific |
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Europe |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Nitric Acid Market Segment Analysis
- Nitric Acid Application Outlook (Revenue, USD Million, 2018 - 2030)
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- U.S.
- U.S. Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- U.S. Nitric Acid Market, by Application
- Canada
- Canada Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Canada Nitric Acid Market, by Application
-
Mexico
- Mexico Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Mexico Nitric Acid Market, by Application
-
North America Nitric Acid Market, by Application
- Europe
-
Europe Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- U. K.
- U.K. Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- U.K. Nitric Acid Market, by Application
- France
- France Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- France Nitric Acid Market, by Application
-
Germany
- Germany Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Germany Nitric Acid Market, by Application
-
Italy
- Italy Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Italy Nitric Acid Market, by Application
-
Spain
- Spain Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Spain Nitric Acid Market, by Application
-
Rest of Europe
- Rest of Europe Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Rest of Europe Nitric Acid Market, by Application
-
Europe Nitric Acid Market, by Application
- Asia Pacific
-
Asia Pacific Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- China
- China Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- China Nitric Acid Market, by Application
- Japan
- Japan Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Japan Nitric Acid Market, by Application
-
Germany
- Germany Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Germany Nitric Acid Market, by Application
-
India
- India Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- India Nitric Acid Market, by Application
-
South Korea
- South Korea Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- South Korea Nitric Acid Market, by Application
-
South East Asia
- South East Asia Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- South East Asia Nitric Acid Market, by Application
-
Rest of Asia Pacific
- Rest of Asia Pacific Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Rest of Asia Pacific Nitric Acid Market, by Application
-
Asia Pacific Nitric Acid Market, by Application
- Latin America
-
Latin America Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Brazil
- Brazil Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Brazil Nitric Acid Market, by Application
- Argentina
- Argentina Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Argentina Nitric Acid Market, by Application
-
Rest of Latin America
- Rest of Latin America Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Rest of Latin America Nitric Acid Market, by Application
-
Latin America Nitric Acid Market, by Application
- Middle East & Africa
-
Middle East & Africa Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- GCC Countries
- GCC Countries Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- GCC Countries Nitric Acid Market, by Application
- South Africa
- South Africa Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- South Africa Nitric Acid Market, by Application
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Nitric Acid Market, by Application
- Fertilizers
- Nitrobenzene
- Adipic acid
- Toluene diisocyanate (TDI)
- Nitrochlorobenzene
- Other Applications
- Rest of Middle East & Africa Nitric Acid Market, by Application
-
Middle East & Africa Nitric Acid Market, by Application
- North America

FAQ
Frequently Asked Question
What is the global demand for Nitric Acid in terms of revenue?
-
The global Nitric Acid valued at USD 28.56 Billion in 2022 and is expected to reach USD 33.46 Billion in 2030 growing at a CAGR of 2.00%.
Which are the prominent players in the market?
-
The prominent players in the market are BASF SE (Germany), DuPont de Nemours Inc. (US), Nutrien Ltd. (Canada), Omnia Holdings Limited (South Africa), Apache Nitrogen Products Inc. (US), CF Industries Holdings Inc. (US), Rashtriya Chemicals & Fertilizers Ltd. (India), Dyno Nobel (US), Sasol (South Africa), Angus Chemical Company (US), Enaex S.A. (Chile), LSB Industries (US), Thyssenkrupp AG (Germany), Yara International ASA (Norway), J.R. Simplet Company (US), Ixom (Australia).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 2.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Nitric Acid include
- High Demand for Lightweight Automobile to Lead Market Growth
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Nitric Acid in 2022.