Global Concentrated Nitric Acid Market Outlook Through 2023-2032
The Business Research Company’s Concentrated Nitric Acid Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Concentrated Nitric Acid Global Market Report 2023 evaluates concentrated nitric acid market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global concentrated nitric acid market size is expected to grow from $18.68 billion in 2022 to $19.12 billion in 2023 at a compound annual growth rate (CAGR) of 2.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The concentrated nitric acid market size is expected to reach $20.79 billion in 2027 at a CAGR of 2.1%.
Asia-Pacific was the largest region and fastest growing in the concentrated nitric acid market in 2022.
The concentrated nitric acid market segments in the report are:
By Type:
Strong Nitric Acid
Fuming Nitric Acid
By Application:
Agrochemicals
Explosives
Automotive
Rubber
Other Application
By Distribution Channel:
Direct Or Institutional Sales
Retail Sales
Other Distribution Channels
Top Major Companies
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The table of contents in TBRC’s concentrated nitric acid market report includes:
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List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Concentrated Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Concentrated Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Concentrated Nitric Acid Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: Agrium Inc Financial Performance
Table 47: BASF Corporation Financial Performance
Table 48: Dupont De Nemours Inc Financial Performance
Table 49: Hanwha Group Financial Performance
Table 50: Lsb Industries Inc Financial Performance
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