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硝酸市場-2018-2028年全球產業規模、佔有率、趨勢、機會與預測，依工廠類型、銷售通路、最終用途、地區、競爭

市場調查報告書

商品編碼

1355157

硝酸市場-2018-2028年全球產業規模、佔有率、趨勢、機會與預測，依工廠類型、銷售通路、最終用途、地區、競爭

Nitric Acid Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 By Plant Type, By Sales Channel, By End Use, By Region, Competition

出版日期: 2023年09月05日 | 出版商:

TechSci Research | 英文 200 Pages | 商品交期: 2-3個工作天內

價格

簡介目錄

2022 年全球硝酸市場價值為 295 億美元，預計在預測期內將實現強勁成長，到 2028 年複合年成長率為 2.8%。硝酸是一種具有多種應用的重要化合物，在全球各個行業。多年來，在農業、化工製造、電子和炸藥等行業需求不斷成長的推動下，全球硝酸市場穩步成長。硝酸主要透過奧斯特瓦爾德製程生產，其中氨被氧化形成一氧化氮，一氧化氮進一步氧化形成二氧化氮。然後將這種二氧化氮溶解在水中以產生硝酸，硝酸的濃度可以變化，從高濃度的發煙硝酸到用於各種應用的稀釋溶液。

主要市場促進因素：

肥料中硝酸的需求不斷增加：

市場概況
預測期	2024-2028
2022 年市場規模	251.8億美元
2028 年市場規模	316.5億美元
2023-2028 年複合年成長率	3.74%
成長最快的細分市場	己二酸
最大的市場	亞太地區

硝酸作為氮肥生產的關鍵成分，在現代農業中發揮著至關重要的作用。由於人口成長、農業實踐擴大以及提高糧食產量的需要，全球對化肥的需求不斷成長，推動了對硝酸的需求。硝酸銨等硝酸肥料可以有效地為作物提供氮，提高農業產量並支持糧食安全。

硝酸在建築業中的使用不斷增加：

硝酸在建築業中的應用日益廣泛，可提高建築材料的耐用性、強度和性能。其獨特的性能和多樣化的功能使其在混凝土生產、防腐和表面處理等各種施工過程中不可或缺。建築應用中硝酸需求的不斷成長預計將推動市場成長。

化學製造業對硝酸的需求不斷成長：

硝酸廣泛用於化學製造業，用於生產各種化合物，包括硝基苯和硝化纖維素。硝基苯是苯胺製造的重要前驅物，苯胺用於橡膠化學品、染料和藥品的生產。硝酸的催化性能和腐蝕抑制能力進一步滿足了其在各種工業製程的需求。

電子工業中硝酸的使用不斷增加

硝酸是一種高反應性且用途廣泛的化合物，近年來其需求大幅成長，主要是由於其在電子行業中的使用不斷成長。電子產業的各種關鍵製程嚴重依賴硝酸，包括電子元件的蝕刻、清洗和鈍化。硝酸在電子工業中的主要應用之一是印刷電路板 (PCB) 的蝕刻。 PCB 作為電子設備中的重要元件發揮著至關重要的作用，是連接和支援各種電子元件的平台。在蝕刻過程中，硝酸用於選擇性地去除 PCB 表面不需要的銅，從而形成所需的電路圖案。此外，硝酸被廣泛用作清潔劑，以消除晶圓表面的有機殘留物、顆粒和金屬污染物。晶圓的清潔度對於確保生產具有增強性能的高品質半導體裝置至關重要，從而使硝酸成為半導體製造中的重要元素。此外，硝酸也是電子工業中使用的各種化學品生產的關鍵原料。這些化學物質包括硝酸衍生物，可應用於特殊工藝，例如金屬電鍍、電路製造以及電子設備中使用的有機化合物的合成。

主要市場挑戰

原物料價格波動

許多地區嚴重依賴進口氨來滿足硝酸生產需求。這種依賴使製造商面臨地緣政治風險、貨幣匯率波動以及供應鏈中斷，所有這些都可能導致原物料成本不穩定。原料價格的波動為硝酸生產商維持穩定的利潤率帶來了挑戰。原物料成本的突然上漲可能會侵蝕利潤率，最終影響該行業營運公司的財務狀況。

環境問題的增加

硝酸的生產涉及氨的氧化，導致副產品氮氧化物 (NOx) 的排放。氮氧化物是強效溫室氣體，會導致空氣污染和酸雨的形成。這些排放物會對人類健康和環境產生不利影響。此外，生產過程本身消耗大量能源，這可能進一步加劇碳排放和全球暖化。硝酸廠通常需要消耗大量電力來進行氨合成和能源密集型氧化過程。

主要市場趨勢

技術進步

技術進步為硝酸的應用開啟了新的視野，特別是在奈米技術領域。硝酸在奈米顆粒的合成和功能化中發揮著至關重要的作用，奈米顆粒在電子、醫學、催化和環境修復等領域都有應用。資料分析和物聯網 (IoT) 等數位技術的整合正在推動硝酸生產工廠的流程最佳化並提高營運效率。這提高了營運效率，減少了停機時間，並支援數據驅動的決策。 2020 年，斯塔米卡邦推出了以其卓越的能量回收而聞名的雙硝酸和單硝酸方法。這是透過將熱交換器小心地放置在氨燃燒器的下方來實現的。此製程的顯著特點是能夠達到高達 480°C 的廢氣溫度。這是透過將最終的廢氣加熱器放置在靠近氨燃燒器容器內的 Pt/Rh 絲網的位置來實現的，其中會遇到升高的製程溫度。此外，安全系統和設備的進步顯著提高了工作場所的安全性。自動化和遠端監控系統減少了人工干預和暴露於危險環境的需要。

硝酸在環境應用上的利用不斷增加

硝酸在空氣污染控制中發揮著至關重要的作用。它用於工業排放中氮氧化物 (NOx) 的選擇性催化還原 (SCR) 等製程。氮氧化物是一種主要的空氣污染物，會導致煙霧、酸雨和不良健康影響。透過在 SCR 系統中利用硝酸，氮氧化物轉化為無害的氮氣和水蒸氣，從而減少有害排放。在環境監測中，硝酸用作水質分析的試劑。它用於保存用於實驗室測試的水樣本，確保準確可靠地測量各種參數，例如 pH、營養物和微量金屬。環境應用中對硝酸的需求不斷成長預計將推動市場成長。隨著政府和產業關注永續實踐以及環境法規變得更加嚴格，對硝酸用於污染控制和修復的需求可能會增加。

細分市場洞察

銷售通路洞察

2022年，直銷領域將成為有機酸市場的主導力量，預計未來幾年將維持成長。直銷涉及製造商直接向最終用戶銷售硝酸，包括工業消費者、化學公司、電子製造商和農業企業。這種方法使製造商能夠更好地控制銷售流程、客戶關係和定價。此外，它有助於更深入地了解客戶的需求和偏好，培養持久的合作夥伴關係，同時提供更多的客製化和客戶支援機會。

最終用途見解

2022年，己二酸領域在有機酸市場中佔據主導地位，預計將在未來幾年推動其擴張。己二酸（化學式：C6H10O4）是一種二羧酸，主要用於生產尼龍，特別是尼龍-6,6。它作為基本原料，在以硝酸為中間體的兩步法合成尼龍 6,6 過程中發揮關鍵作用。因此，己二酸刺激了化學工業中硝酸的利用。

區域洞察

由於近幾十年來的快速工業化和經濟成長，亞太地區已牢固確立了全球有機酸市場領跑者的地位。隨著工業活動的擴大，化工、電子、炸藥等各行業對硝酸的需求大幅增加。此外，亞太地區擁有廣闊而多樣化的農業部門，中國和印度等國家正成為全球化肥需求的主要貢獻者。該地區以強大的化學工業而自豪，該工業嚴重依賴硝酸作為生產各種化學品和化學中間體的重要原料。中國、印度和日本等國家擁有完善的化學生產設施，大大促進了該地區在全球硝酸市場的主導地位。

主要市場參與者

巴斯夫公司
迪帕克化肥石化有限公司 (DFPCL)
古吉拉特納爾默達谷化肥和化學品有限公司 (GNFC)
拉什特里亞化學肥料有限公司
雅蔣國際公司
三菱化學株式會社
沙索有限公司
營養有限公司
奧姆尼亞控股有限公司
蒂森克虜伯股份公司

可用的客製化：

全球硝酸市場報告以及給定的市場資料，技術科學研究根據公司的具體需求提供客製化服務。該報告可以使用以下自訂選項：

公司資訊

其他市場參與者（最多五個）的詳細分析和概況分析。

商業概覽
公司概況
產品與服務
財務（上市公司）
最近的發展
- BASF SE
- Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)
- Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
- Rashtriya Chemicals & Fertilizers Ltd.
- Yara International ASA
- Mitsubishi Chemical Corporation
- Sasol Ltd
- Nutrien Ltd
- Omnia Holding Limited
- Thyssenkrupp AG

第 15 章：策略建議

第 16 章：關於我們與免責聲明

簡介目錄

Product Code: 15655

The global nitric acid market was valued at USD 29.5 billion in 2022 and is projected to experience robust growth in the forecast period, with a CAGR of 2.8% through 2028. Nitric acid, a crucial chemical compound with diverse applications, plays a significant role in various industries worldwide. Over the years, the global nitric acid market has witnessed steady growth, driven by increasing demand from sectors such as agriculture, chemical manufacturing, electronics, and explosives. Nitric acid is primarily produced through the Ostwald process, where ammonia is oxidized to form nitric oxide, which is further oxidized to form nitrogen dioxide. This nitrogen dioxide is then dissolved in water to yield nitric acid, which can vary in concentration, ranging from highly concentrated fuming nitric acid to diluted solutions used for various applications.

Key Market Drivers:

Growing Demand for Nitric Acid in Fertilizers:

Market Overview
Forecast Period	2024-2028
Market Size 2022	USD 25.18 Billion
Market Size 2028	USD 31.65 Billion
CAGR 2023-2028	3.74%
Fastest Growing Segment	Adipic Acid
Largest Market	Asia Pacific

Nitric acid plays a crucial role in modern agriculture as a key component in the production of nitrogen-based fertilizers. The rising global demand for fertilizers, driven by population growth, expanding agricultural practices, and the need to enhance food production, has propelled the demand for nitric acid. Nitric acid-based fertilizers, such as ammonium nitrate, efficiently provide crops with nitrogen, improving agricultural yields and supporting food security.

Growing Use of Nitric Acid in the Construction Industry:

Nitric acid has found a growing application in the construction industry, enhancing the durability, strength, and performance of construction materials. Its unique properties and diverse functionalities make it indispensable in various construction processes, including concrete production, corrosion protection, and surface treatment. The rising demand for nitric acid in construction applications is expected to drive market growth.

Growing Demand for Nitric Acid in Chemical Manufacturing Industry:

Nitric acid is extensively used in the chemical manufacturing industry for the production of various chemical compounds, including nitrobenzene and nitrocellulose. Nitrobenzene is a crucial precursor in the manufacturing of aniline, which is used in the production of rubber chemicals, dyes, and pharmaceuticals. Nitric acid's catalytic properties and corrosion inhibition capabilities further contribute to its demand in various industrial processes.

Nitric acid continues to play a vital role in multiple industries, contributing to their growth and development.

The Increasing Use of Nitric Acid in the Electronics Industry

Nitric acid, a highly reactive and versatile chemical compound, has experienced a significant surge in demand in recent years, primarily driven by its growing utilization in the electronic industry. The electronic industry heavily relies on nitric acid for various critical processes, including etching, cleaning, and passivation of electronic components. One of the primary applications of nitric acid in the electronic industry lies in the etching of printed circuit boards (PCBs). PCBs play a crucial role as essential components in electronic devices, serving as a platform to connect and support various electronic components. Nitric acid is utilized to selectively eliminate unwanted copper from the PCB surface during the etching process, thereby creating the desired circuit patterns. Moreover, nitric acid is widely employed as a cleaning agent to eliminate organic residues, particles, and metallic contaminants from the wafer surface. The cleanliness of wafers is of utmost importance in ensuring the production of high-quality semiconductor devices with enhanced performance, thereby establishing nitric acid as a vital element in semiconductor manufacturing. Additionally, nitric acid serves as a key raw material in the production of various chemicals used in the electronic industry. These chemicals encompass nitric acid derivatives, which find application in specialty processes such as metal plating, circuitry fabrication, and the synthesis of organic compounds used in electronic devices.

Key Market Challenges

Volatility in Prices of Raw Materials

Numerous regions heavily depend on imported ammonia to fulfill their nitric acid production requirements. This reliance exposes manufacturers to geopolitical risks, fluctuations in currency exchange rates, and disruptions in the supply chain, all of which can result in unstable raw material costs. The volatility in raw material prices can present challenges for nitric acid manufacturers in maintaining stable profit margins. Sudden increases in raw material costs can erode profit margins, ultimately impacting the financial health of companies operating in the industry.

Rise in Environmental Concerns

The production of nitric acid involves the oxidation of ammonia, leading to the emission of nitrogen oxides (NOx) as by-products. Nitrogen oxides are potent greenhouse gases that contribute to air pollution and the formation of acid rain. These emissions can have adverse effects on both human health and the environment. Furthermore, the production process itself consumes substantial amounts of energy, which can further contribute to carbon emissions and global warming. Nitric acid plants often necessitate significant electricity consumption for ammonia synthesis and the energy-intensive oxidation process.

Key Market Trends

Technological Advancements

Technological advancements are opening new horizons for the application of nitric acid, particularly in the field of nanotechnology. Nitric acid plays a vital role in the synthesis and functionalization of nanoparticles, which find applications in electronics, medicine, catalysis, and environmental remediation. The integration of digital technologies, such as data analytics and the Internet of Things (IoT), is driving process optimization and enhancing operational efficiency in nitric acid production plants. This improves operational efficiency, reduces downtime, and enables data-driven decision-making. In 2020, Stamicarbon unveiled its dual and mono nitric acid method known for its exceptional energy recuperation. This is achieved through careful placement of the heat exchanger further down the ammonia burner. The distinctive characteristic of this process is the ability to reach high tail gas temperatures, up to 480°C. This is accomplished by positioning the final tail gas heater closer to the Pt/Rh gauzes within the ammonia burner vessel, where elevated process temperatures are encountered. Furthermore, advancements in safety systems and equipment have significantly improved workplace safety. Automation and remote monitoring systems reduce the need for manual intervention and exposure to hazardous environments.

Growing Utilization of Nitric Acids in Environmental Applications

Nitric acid plays a crucial role in air pollution control. It is used in processes such as selective catalytic reduction (SCR) of nitrogen oxides (NOx) in industrial emissions. NOx is a major air pollutant, contributing to smog, acid rain, and adverse health effects. By utilizing nitric acid in SCR systems, nitrogen oxides are converted into harmless nitrogen and water vapor, thereby reducing harmful emissions. In environmental monitoring, nitric acid is used as a reagent in water quality analysis. It is employed to preserve water samples for laboratory testing, ensuring accurate and reliable measurements of various parameters such as pH, nutrients, and trace metals. The increasing demand for nitric acid in environmental applications is expected to drive market growth. As governments and industries focus on sustainable practices and environmental regulations become more stringent, the need for nitric acid for pollution control and remediation is likely to rise.

Segmental Insights

Sales Channel Insights

In 2022, the direct sales segment emerged as the dominant force in the organic acid market and is projected to sustain its growth in the forthcoming years. Direct sales involve manufacturers directly selling nitric acid to end-users, including industrial consumers, chemical companies, electronics manufacturers, and agriculture businesses. This approach grants manufacturers greater control over the sales process, customer relationships, and pricing. Moreover, it facilitates a deeper understanding of customer needs and preferences, fostering enduring partnerships while offering enhanced opportunities for customization and customer support.

End Use Insights

In 2022, the adipic acid segment reigned supreme in the organic acid market and is expected to propel its expansion in the coming years. Adipic acid (chemical formula: C6H10O4) serves as a dicarboxylic acid primarily employed in the production of nylon, specifically nylon-6,6. It plays a pivotal role as a fundamental raw material in the synthesis of nylon-6,6 via a two-step process involving nitric acid as an intermediate. Consequently, adipic acid stimulates the utilization of nitric acid within the chemical industry.

Regional Insights

The Asia Pacific region has firmly established itself as the frontrunner in the Global Organic Acid market, owing to rapid industrialization and economic growth observed in recent decades. As industrial activities expanded, the demand for nitric acid across various sectors, such as chemical manufacturing, electronics, and explosives, has witnessed a substantial upsurge. Moreover, the Asia Pacific region boasts a vast and diverse agricultural sector, with countries like China and India emerging as major contributors to the global fertilizer demand. The region takes pride in a robust chemical industry that heavily relies on nitric acid as a vital raw material for the production of diverse chemicals and chemical intermediates. The presence of well-established chemical manufacturing facilities in countries such as China, India, and Japan significantly contributes to the region's dominance in the global nitric acid market.

Recent Developments

On September 27, 2021, KuibyshevAzot and Casale announced the signing of an agreement for the construction of a 1575 MTD nitric acid (NA) and 2000 MTD Ammonium Nitrate Solution (ANS) facility in Togliatti, Russia. The facility, expected to be completed in the fourth quarter of 2024, will incorporate Casale's advanced NA2000 Dual Pressure techniques for nitric acid production and AN2000™ for ANS manufacturing. These cutting-edge techniques ensure minimal consumption and reduced emissions.
In 2022, Aarti Industries Limited (AIL) finalized a legally binding 20-year agreement with Deepak Fertilizers valued at over Rs. 8,000 crores. This agreement guarantees a steady and ample supply of Nitric acid, a crucial primary ingredient in production processes. The collaboration commenced on April 1, 2023, and eliminates the need for capital expenditure in concentrated Nitric acid backward integration. Additionally, the corporation separated its Pharmaceutical division into an independent publicly traded entity named Aarti Pharmalabs Limited. This strategic move allows both firms to focus on their respective enterprises and explore opportunities for individual growth.
In 2020, VDM Metals Group, a German producer of nickel alloys and specialized stainless steels, implemented Henkel's advanced nitric acid (HNO3) free Bonderite C-CP ("Cleanox") pickling method for specific wire products. The adoption of the Bonderite C-CP range of products addresses the market demand in the metals sector to significantly enhance the environmental friendliness of their manufacturing processes.

Key Market Players

BASF SE
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
Rashtriya Chemicals & Fertilizers Ltd.
Yara International ASA
Mitsubishi Chemical Corporation
Sasol Ltd
Nutrien Ltd
Omnia Holding Limited
Thyssenkrupp AG

Report Scope:

In this report, the Global Nitric Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Nitric Acid Market, By Plant Type:

Mono Pressure
Dual Pressure

Nitric Acid Market, By Sales Channel:

Direct
Indirect

Nitric Acid Market, By End Use:

AN & CAN
Nitrobenzene
TDI
TNT
Adipic Acid
Others

Nitric Acid Market, By Region:

North America
Asia Pacific
Europe
Middle East & Africa
South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Nitric Acid Market.

Available Customizations:

Global Nitric Acid Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Resin Service Types
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Global Nitric Acid Market Outlook

4.1. Market Size & Forecast
- 4.1.1. By Value
4.2. Market Share & Forecast
- 4.2.1. By End Use (AN & CAN, Nitrobenzene, TDI, TNT, Adipic Acid, Others)
- 4.2.2. By Sales Channel (Direct Sales, Indirect Sales)
- 4.2.3. By Region
- 4.2.4. By Company (2022)
4.3. Market Map

5. Asia Pacific Nitric Acid Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By End Use
- 5.2.2. By Sales Channel
- 5.2.3. By Country
5.3. Asia Pacific: Country Analysis
- 5.3.1. China Nitric Acid Market Outlook
  - 5.3.1.1. Market Size & Forecast
    - 5.3.1.1.1. By Value
  - 5.3.1.2. Market Share & Forecast
    - 5.3.1.2.1. By End Use
    - 5.3.1.2.2. By Sales Channel
- 5.3.2. India Nitric Acid Market Outlook
  - 5.3.2.1. Market Size & Forecast
    - 5.3.2.1.1. By Value
  - 5.3.2.2. Market Share & Forecast
    - 5.3.2.2.1. By End Use
    - 5.3.2.2.2. By Sales Channel
- 5.3.3. Australia Nitric Acid Market Outlook
  - 5.3.3.1. Market Size & Forecast
    - 5.3.3.1.1. By Value
  - 5.3.3.2. Market Share & Forecast
    - 5.3.3.2.1. By End Use
    - 5.3.3.2.2. By Sales Channel
- 5.3.4. Japan Nitric Acid Market Outlook
  - 5.3.4.1. Market Size & Forecast
    - 5.3.4.1.1. By Value
  - 5.3.4.2. Market Share & Forecast
    - 5.3.4.2.1. By End Use
    - 5.3.4.2.2. By Sales Channel
- 5.3.5. South Korea Nitric Acid Market Outlook
  - 5.3.5.1. Market Size & Forecast
    - 5.3.5.1.1. By Value
  - 5.3.5.2. Market Share & Forecast
    - 5.3.5.2.1. By End Use
    - 5.3.5.2.2. By Sales Channel

6. Europe Nitric Acid Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By End Use
- 6.2.2. By Sales Channel
- 6.2.3. By Country
6.3. Europe: Country Analysis
- 6.3.1. France Nitric Acid Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By End Use
    - 6.3.1.2.2. By Sales Channel
- 6.3.2. Germany Nitric Acid Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By End Use
    - 6.3.2.2.2. By Sales Channel
- 6.3.3. Spain Nitric Acid Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By End Use
    - 6.3.3.2.2. By Sales Channel
- 6.3.4. Italy Nitric Acid Market Outlook
  - 6.3.4.1. Market Size & Forecast
    - 6.3.4.1.1. By Value
  - 6.3.4.2. Market Share & Forecast
    - 6.3.4.2.1. By End Use
    - 6.3.4.2.2. By Sales Channel
- 6.3.5. United Kingdom Nitric Acid Market Outlook
  - 6.3.5.1. Market Size & Forecast
    - 6.3.5.1.1. By Value
  - 6.3.5.2. Market Share & Forecast
    - 6.3.5.2.1. By End Use
    - 6.3.5.2.2. By Sales Channel

7. North America Nitric Acid Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By End Use
- 7.2.2. By Sales Channel
- 7.2.3. By Country
7.3. North America: Country Analysis
- 7.3.1. United States Nitric Acid Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By End Use
    - 7.3.1.2.2. By Sales Channel
- 7.3.2. Mexico Nitric Acid Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By End Use
    - 7.3.2.2.2. By Sales Channel
- 7.3.3. Canada Nitric Acid Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By End Use
    - 7.3.3.2.2. By Sales Channel

8. South America Nitric Acid Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By End Use
- 8.2.2. By Sales Channel
- 8.2.3. By Country
8.3. South America: Country Analysis
- 8.3.1. Brazil Nitric Acid Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By End Use
    - 8.3.1.2.2. By Sales Channel
- 8.3.2. Argentina Nitric Acid Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By End Use
    - 8.3.2.2.2. By Sales Channel
- 8.3.3. Colombia Nitric Acid Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By End Use
    - 8.3.3.2.2. By Sales Channel

9. Middle East and Africa Nitric Acid Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By End Use
- 9.2.2. By Sales Channel
- 9.2.3. By Country
9.3. MEA: Country Analysis
- 9.3.1. South Africa Nitric Acid Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By End Use
    - 9.3.1.2.2. By Sales Channel
- 9.3.2. Saudi Arabia Nitric Acid Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By End Use
    - 9.3.2.2.2. By Sales Channel
- 9.3.3. UAE Nitric Acid Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By End Use
    - 9.3.3.2.2. By Sales Channel

10. Market Dynamics

10.1. Drivers
10.2. Challenges

11. Market Trends & Developments

11.1. Recent Developments
11.2. Product Launches
11.3. Mergers & Acquisitions

12. Global Nitric Acid Market: SWOT Analysis

13. Porter's Five Forces Analysis

13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Product

14. Competitive Landscape

14.1. Business Overview
14.2. Company Snapshot
14.3. Products & Services
14.4. Financials (In case of listed companies)
14.5. Recent Developments
- 14.5.1. BASF SE
- 14.5.2. Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL)
- 14.5.3. Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
- 14.5.4. Rashtriya Chemicals & Fertilizers Ltd.
- 14.5.5. Yara International ASA
- 14.5.6. Mitsubishi Chemical Corporation
- 14.5.7. Sasol Ltd
- 14.5.8. Nutrien Ltd
- 14.5.9. Omnia Holding Limited
- 14.5.10. Thyssenkrupp AG