Request Sample Inquiry
Nitric Acid Market

Nitric Acid Market

Nitric Acid Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

150

Base Year:

2022

Date

Dec - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1923

Segments Covered
  • By Application By Application Fertilizers, Nitrobenzene, Adipic acid, Toluene diisocyanate (TDI), Nitrochlorobenzene, Other Applications
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 28.56 Billion
Revenue 2030Revenue 2030: USD 33.46 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 2.00%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Europe
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other 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
      • Canada
        • Canada Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Mexico
        • Mexico Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
    • 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
      • France
        • France Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Germany
        • Germany Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Italy
        • Italy Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Spain
        • Spain Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Rest of Europe
        • Rest of Europe Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
    • 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
      • Japan
        • Japan Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Germany
        • Germany Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • India
        • India Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • South Korea
        • South Korea Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • South East Asia
        • South East Asia Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Rest of Asia Pacific
        • Rest of Asia Pacific Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
    • 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
      • Argentina
        • Argentina Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • Rest of Latin America
        • Rest of Latin America Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
    • 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
      • South Africa
        • South Africa Nitric Acid Market, by Application
          • Fertilizers
          • Nitrobenzene
          • Adipic acid
          • Toluene diisocyanate (TDI)
          • Nitrochlorobenzene
          • Other Applications
      • 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
FAQ
Frequently Asked Question
  • 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%.

  • 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).

  • The market is project to grow at a CAGR of 2.00% between 2023 and 2030.

  • The driving factors of the Nitric Acid include

    • High Demand for Lightweight Automobile to Lead Market Growth

  • Europe was the leading regional segment of the Nitric Acid in 2022.