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Nitric Acid Market

Nitric Acid Market

Nitric Acid Market - Global Industry Assessment & Forecast

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Chemicals
Number Of Pages # Pages:

150

Base Year:

2024

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: 2024
Forecast YearsForecast Years: 2025 - 2035
Historical YearsHistorical Years: 2019 - 2023
Revenue 2024Revenue 2024: USD 24.56 Billion
Revenue 2035Revenue 2035: USD 35.93 Billion
Revenue CAGRRevenue CAGR (2025 - 2035): 3.55%
Fastest Growing Region Fastest Growing Region (2025 - 2035) Asia Pacific
Largest Region Largest Region (2024): 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
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Nitric Acid Market - Segment Analysis
    1. Overview
    2. Global Nitric Acid Market, 2016 - 2028 (USD Million)
    3. Global Nitric Acid Market - by Application
      1. By Fertilizers
      2. By Nitrobenzene
      3. By Adipic acid
      4. By Toluene diisocyanate (TDI)
      5. By Nitrochlorobenzene
      6. By Other Applications
    4. Global Nitric Acid Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    5. Market comparative analysis
  4. North America Nitric Acid Market - Segment Analysis
    1. Overview
    2. North America Nitric Acid Market, 2016 - 2028 (USD Million)
    3. North America Nitric Acid Market, by Application
      1. By Fertilizers
      2. By Nitrobenzene
      3. By Adipic acid
      4. By Toluene diisocyanate (TDI)
      5. By Nitrochlorobenzene
      6. By Other Applications
    4. North America Nitric Acid Market, by Country
      1. U.S.
        1. U.S. Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      2. Canada
        1. Canada Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      3. Mexico
        1. Mexico Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
  5. Europe Nitric Acid Market - Segment Analysis
    1. Overview
    2. Europe Nitric Acid Market, 2016 - 2028 (USD Million)
    3. Europe Nitric Acid Market, by Application
      1. By Fertilizers
      2. By Nitrobenzene
      3. By Adipic acid
      4. By Toluene diisocyanate (TDI)
      5. By Nitrochlorobenzene
      6. By Other Applications
    4. Europe Nitric Acid Market, by Country
      1. Germany
        1. Germany Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      2. UK
        1. UK Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      3. France
        1. France Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      4. Spain
        1. Spain Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      5. Italy
        1. Italy Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      6. BENELUX
        1. BENELUX Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      7. Rest of Europe
        1. Rest Of Europe Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
  6. Asia Pacific Nitric Acid Market - Segment Analysis
    1. Overview
    2. Asia Pacific Nitric Acid Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Nitric Acid Market, by Application
      1. By Fertilizers
      2. By Nitrobenzene
      3. By Adipic acid
      4. By Toluene diisocyanate (TDI)
      5. By Nitrochlorobenzene
      6. By Other Applications
    4. Asia Pacific Nitric Acid Market, by Country
      1. China
        1. China Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      2. Japan
        1. Japan Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      3. India
        1. India Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      4. South Korea
        1. South Korea Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      5. South East Asia
        1. South East Asia Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
  7. Latin America Nitric Acid Market - Segment Analysis
    1. Overview
    2. Latin America Nitric Acid Market, 2016 - 2028 (USD Million)
    3. Latin America Nitric Acid Market, by Application
      1. By Fertilizers
      2. By Nitrobenzene
      3. By Adipic acid
      4. By Toluene diisocyanate (TDI)
      5. By Nitrochlorobenzene
      6. By Other Applications
    4. Latin America Nitric Acid Market, by Country
      1. Brazil
        1. Brazil Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      2. Argentina
        1. Argentina Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      3. Rest of Latin America
        1. Rest of Latin America Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
  8. Middle East & Africa Nitric Acid Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Nitric Acid Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Nitric Acid Market, by Application
      1. By Fertilizers
      2. By Nitrobenzene
      3. By Adipic acid
      4. By Toluene diisocyanate (TDI)
      5. By Nitrochlorobenzene
      6. By Other Applications
    4. Middle East & Africa Nitric Acid Market, by Country
      1. GCC Countries
        1. GCC Countries Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      2. South Africa
        1. South Africa Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Nitric Acid Market, By Application
          1. By Fertilizers
          2. By Nitrobenzene
          3. By Adipic acid
          4. By Toluene diisocyanate (TDI)
          5. By Nitrochlorobenzene
          6. By Other Applications
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. BASF SE (Germany)
    2. DuPont de Nemours Inc. (US)
    3. Nutrien Ltd. (Canada)
    4. Omnia Holdings Limited (South Africa)
    5. Apache Nitrogen Products Inc. (US)
    6. CF Industries Holdings Inc. (US)
    7. Rashtriya Chemicals & Fertilizers Ltd. (India)
    8. Dyno Nobel (US)
    9. Sasol (South Africa)
    10. Angus Chemical Company (US)
    11. Enaex S.A. (Chile)
    12. LSB Industries (US)
    13. Thyssenkrupp AG (Germany)
    14. Yara International ASA (Norway)
    15. J.R. Simplet Company (US)
    16. Ixom (Australia)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
Vantage Market Research | 07-Dec-2022
Nitric Acid Market to Reach Valuation of USD 32.7 Billion by 2028 – Growth in Demand for the Lightweight Automobile Drives the Market
FAQ
Frequently Asked Question

  • The global Nitric Acid valued at USD 24.56 Billion in 2024 and is expected to reach USD 35.93 Billion in 2035 growing at a CAGR of 3.55%.

  • 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 3.55% between 2025 and 2035.

  • 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 2024.

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