The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the calcium nitrate market’s growth in recent years?
The rising demand for fertilizers is expected to propel the growth of the calcium nitrate market going forward. Fertilizers are substances or mixtures that are applied to soil, plants, or crops to provide essential nutrients necessary for plant growth and development. Calcium nitrate is a versatile fertilizer that can supply nitrogen and calcium to growing crops and improve fruit and vegetable quality. For instance, in September 2023, according to Statistics Canada, a Canada-based national statistical office, in May 2023, fertilizer sales rose by nearly one-third (29.1%) year-over-year, reaching a record monthly high of $1.8 billion. Therefore, the rising demand for fertilizers will drive the growth of the calcium nitrate market.
Calcium Nitrate Market Driver: Increasing Need For Wastewater Treatment Facilities To Drive The Growth Of Calcium Nitrate Market
The increasing need for wastewater treatment facilities is expected to propel the growth of calcium nitrate market going forward. Wastewater treatment facilities are specialized infrastructure designed to treat and purify wastewater from various sources, including residential, commercial, and industrial sources. Calcium nitrate is used in various aspects of wastewater treatment, including contaminant removal, pH adjustment, and odor control. Factors such as stringent environmental regulations, urbanization, sustainability initiatives, and the need for clean water contribute to the increased adoption of calcium nitrate in this sector. For instance, according to a report by the United Nations, a US-based intergovernmental organization, globally, 80% of wastewater flows back into the ecosystem without being treated or reused, contributing to a situation where around 1.8 billion people use a source of drinking water contaminated with faeces, putting them at risk of contracting cholera, dysentery, typhoid, and polio. Therefore, the increasing need for wastewater treatment facilities is driving the growth of calcium nitrate market.
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How does the future projection of the calcium nitrate market size compare to its historical growth?
The calcium nitrate market size has grown strongly in recent years. It will grow from $7.84 billion in 2024 to $8.33 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to demand for high-quality produce, agricultural industry growth, shift towards water-soluble fertilizers, industrial applications, advancements in agriculture practices.
The calcium nitrate market size is expected to see strong growth in the next few years. It will grow to $10.45 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to environmental concerns and sustainable agriculture, shift in consumer preferences, rise in horticulture and floriculture demand, focus on sustainable agriculture, growing awareness of soil health. Major trends in the forecast period include precision agriculture adoption, organic agriculture practices, hydroponics and soilless cultivation, focus on crop quality enhancement, adoption of controlled-release fertilizers.
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Which key players are shaping the future of the calcium nitrate market?
Major companies operating in the calcium nitrate market report are SABIC Limited, Sumitomo Chemicals Co. Ltd., Yara International ASA, Syngenta Crop Protection AG, Sasol Limited, Borealis AG, EuroChem Group AG, Nutrien Ltd., CF Industries Holdings Inc., Orica Limited, KRONOS Worldwide Inc., Anhui Jinhe Industrial Co. Ltd., Achema AB, Fertiberia SA, Haifa Group, Prathista Industries Limited, Ako Kasei Co. Ltd., TIB Chemicals AG, Airedale Chemical Co.Ltd., GFS Chemicals Inc., Agrico Canada L.P, Jiaocheng Sanxi Chemical Co. Ltd., ProChem Inc., Noah Technologies Corporation, Sterling Chemicals, ChemSol LLC, Barium and Chemicals Inc., Blue Line Corporation
What trends will propel the growth and evolution of the calcium nitrate market?
Major companies operating in the calcium nitrate market are developing innovative products such as granules to improve efficiency and effectiveness in agriculture and gardening. Granules refer to small, rounded particles or pellets that are often used as fertilizers, allowing for easy application and controlled release of nutrients in soil. For instance, in August 2022, Acron Group, a Russia-based chemicals manufacturing company, launched calcium nitrate unit. Acron Group’s new calcium nitrate unit in Veliky Novgorod produces 100,000 tons per annum of granulated calcium nitrate, with an investment of approximately RUB1.5 billion. This facility enhances the company’s fertilizer offerings and supports sustainable agricultural practices.
Which regions are expected to become dominant players in the calcium nitrate market?
North America was the largest region in the calcium nitrate market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calcium nitrate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the calcium nitrate market, and how are they evolving?
The calcium nitrate market covered in this report is segmented –
1) By Type: Liquid, Melt, Crystals
2) By Process: Limestone, Phosphate Rock, Ammonium Nitrate
3) By Application: Fertilizer, Waste Water Treatment, Concrete, Explosives, Refrigerant, Other Applications
4) By End-User: Aerospace Components, Automotive Parts, Logging Equipment, Boring And Cutting Equipment, Electrical And Electronics Appliances, Other End Users
Subsegments:
1) By Liquid: Calcium Nitrate Solution, Fertilizer Grade Liquid Calcium Nitrate
2) By Melt: Calcium Nitrate Melt For Industrial Use, Calcium Nitrate Melt For Agricultural Use
3) By Crystals: Calcium Nitrate Tetrahydrate Crystals, Anhydrous Calcium Nitrate Crystals
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How is the calcium nitrate market defined, and what are its core characteristics?
Calcium nitrate is a granular solid chemical compound characterized by its high water solubility and Ca(NO3)2 chemical formula. It is typically white or whitish-grey, commonly used as a fertilizer in agriculture and as a component in various industrial processes, including wastewater treatment, concrete manufacturing, and pyrotechnics.
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