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Nitric Acid Market Size to Grow at 8.98%: the industry to witness negative impact due to COVID-19 spread

Nitric acid Market
Nitric acid Market

Nitric Acid Market By Concentration (Dilute Nitric Acid, and Concentrated Nitric Acid), By Application (Fertilizers, Ammonium Nitrate, Nitrobenzene, Toluene Di-Isocyanate, Adipic Acid, Nitro chlorobenzene, and Others), By End-User (Agrochemicals, Explosives, Chemical, Mining, and Others) and By Geography – COVID-19 Impact Analysis, Post COVID Analysis, Opportunities, Trends and Forecast from 2021 to 2028


According to the study published by Evolve business intelligence, “The global nitric acid market size is expected to grow from $ Million in 2020 to $ Million by 2028 growing at the CAGR of 8.98% from 2021 to 2028”

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The report includes COVID 19 impact analysis and on-demand post-COVID analysis with the following data points:

  • Impact of COVID-19 on Nitric acid industry
  • End-User/Application/Industry Trend, and Preferences
  • Regulatory Framework/Government Policies
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity Window
  • Demand Supply Gap Analysis
  • Import-Export Analysis

Segmental Analysis
The Nitric acid market is analyzed across the below-mentioned segments:

  • Concentration
    • Dilute Nitric Acid
    • Concentrated Nitric Acid
  • Applications
    • Fertilizers
    • Ammonium Nitrate
    • Nitrobenzene
    • Toluene Di-Isocyanate
    • Adipic Acid
    • Nitro chlorobenzene
    • Others
  • End-users
    • Agrochemicals
    • Explosives
    • Chemical
    • Mining
    • Others

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The key players profiled in the Nitric acid report are:

  • DuPont
  • BASF
  • Dow
  • Nutrien
  • Omnia Holdings
  • Apache Nitrogen Products Inc
  • CF Industries
  • Dyno Nobel
  • Sasol
  • Angus Chemical Company
  • Enaex

Overview of each chapter:

  • Chapter 1 & 2: Detail Executive summary with a market scenario, market definition, Scope of the study, and segmentation.
  • Chapter 3: Research Methodology
  • Chapter 4: Detail analysis of Value Chain, Porter’s Five Forces, and Impact of COVID-19 on Nitric acid Market, Demand Supply Gap Analysis, and Import-Export Analysis.
  • Chapter 5: Detail Analysis of Growth Factors, Restraining Factors, Trends, Technology Advancement, Challenges, And Opportunities in Nitric acid Market.
  • Chapter 6 to 8: Detail analysis of market size & forecast by each segment/sub-segments from 2020 to 2028 by market share, revenue, generated, production capacity, and sales.
  • Chapter 9: Detail Analysis of Market Size & Forecast for Each Region & Countries by Product Type, Size, and Distribution Channel coupled with major growth factors by each country from 2020 to 2028.
  • Chapter 10: Detail analysis of competitive landscape with market share analysis/Key player positioning and supplier analysis.
  • Chapter 11: Detail analysis of Top 10 Company profiles in Nitric acid Market such as business overview, financial analysis, product portfolio, Key strategies & development, and SWOT Analysis.

Report Parameters

  • Base Year: 2020
  • Estimated: 2021
  • Forecast: 2022 to 2028 (This period can be changed in the customization)
  • Compound Annual Growth Rate (CAGR) Period: 2021 to 2028

About EvolveBI
Evolve Business Intelligence is market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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