Nitric Acid Global Market Report 2025

Nitric Acid Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on nitric acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for nitric acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The nitric acid market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Type: Concentrated Nitric Acid; Dilute Nitric Acid

2) By Application: Fertilizers; Nitrobenzene; Adipic Acid; Toluene Diisocyanate (TDI); Nitrochlorobenzene; Other Applications

3) By End-Use Industry: Explosives; Agrochemicals; Electronics; Automotive; Other End-Use Industries

Subsegments:

1) By Concentrated Nitric Acid: Industrial Grade Concentrated Nitric Acid; Laboratory Grade Concentrated Nitric Acid

2) By Dilute Nitric Acid: Dilute Nitric Acid For Laboratory Use; Dilute Nitric Acid For Industrial Applications

Companies Mentioned: BASF SE; Yara International ASA; CF Industries Holdings Inc.; Nutrien Ltd.; The Dow Chemical Company

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.


1. Executive Summary
2. Nitric Acid Market Characteristics
3. Nitric Acid Market Trends And Strategies
4. Nitric Acid Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Nitric Acid Growth Analysis And Strategic Analysis Framework
5.1. Global Nitric Acid PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Nitric Acid Market Growth Rate Analysis
5.4. Global Nitric Acid Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Nitric Acid Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Nitric Acid Total Addressable Market (TAM)
6. Nitric Acid Market Segmentation
6.1. Global Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Concentrated Nitric Acid
Dilute Nitric Acid
6.2. Global Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Fertilizers
Nitrobenzene
Adipic Acid
Toluene Diisocyanate (TDI)
Nitrochlorobenzene
Other Applications
6.3. Global Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Explosives
Agrochemicals
Electronics
Automotive
Other End-Use Industries
6.4. Global Nitric Acid Market, Sub-Segmentation Of Concentrated Nitric Acid, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Industrial Grade Concentrated Nitric Acid
Laboratory Grade Concentrated Nitric Acid
6.5. Global Nitric Acid Market, Sub-Segmentation Of Dilute Nitric Acid, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Dilute Nitric Acid For Laboratory Use
Dilute Nitric Acid For Industrial Applications
7. Nitric Acid Market Regional And Country Analysis
7.1. Global Nitric Acid Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Nitric Acid Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Nitric Acid Market
8.1. Asia-Pacific Nitric Acid Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Nitric Acid Market
9.1. China Nitric Acid Market Overview
9.2. China Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Nitric Acid Market
10.1. India Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Nitric Acid Market
11.1. Japan Nitric Acid Market Overview
11.2. Japan Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Nitric Acid Market
12.1. Australia Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Nitric Acid Market
13.1. Indonesia Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Nitric Acid Market
14.1. South Korea Nitric Acid Market Overview
14.2. South Korea Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Nitric Acid Market
15.1. Western Europe Nitric Acid Market Overview
15.2. Western Europe Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Nitric Acid Market
16.1. UK Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Nitric Acid Market
17.1. Germany Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Nitric Acid Market
18.1. France Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Nitric Acid Market
19.1. Italy Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Nitric Acid Market
20.1. Spain Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Nitric Acid Market
21.1. Eastern Europe Nitric Acid Market Overview
21.2. Eastern Europe Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Nitric Acid Market
22.1. Russia Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Nitric Acid Market
23.1. North America Nitric Acid Market Overview
23.2. North America Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Nitric Acid Market
24.1. USA Nitric Acid Market Overview
24.2. USA Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Nitric Acid Market
25.1. Canada Nitric Acid Market Overview
25.2. Canada Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Nitric Acid Market
26.1. South America Nitric Acid Market Overview
26.2. South America Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Nitric Acid Market
27.1. Brazil Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Nitric Acid Market
28.1. Middle East Nitric Acid Market Overview
28.2. Middle East Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Nitric Acid Market
29.1. Africa Nitric Acid Market Overview
29.2. Africa Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Nitric Acid Market, Segmentation By End-Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Nitric Acid Market Competitive Landscape And Company Profiles
30.1. Nitric Acid Market Competitive Landscape
30.2. Nitric Acid Market Company Profiles
30.2.1. BASF SE Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Yara International ASA Overview, Products and Services, Strategy and Financial Analysis
30.2.3. CF Industries Holdings Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Nutrien Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. The Dow Chemical Company Overview, Products and Services, Strategy and Financial Analysis
31. Nitric Acid Market Other Major And Innovative Companies
31.1. LSB Industries Inc.
31.2. Deepak Fertilisers and Petrochemicals Corporation Ltd.
31.3. Rashtriya Chemicals and Fertilizers Ltd.
31.4. Grupa Azoty S.A.
31.5. OCI N.V.
31.6. EuroChem Group AG
31.7. Indian Farmers Fertiliser Cooperative Limited
31.8. Thyssenkrupp AG
31.9. Dyno Nobel Pty Limited
31.10. Hanwha Corporation
31.11. Dupont de Nemours Inc.
31.12. Apache Nitrogen Products Inc.
31.13. Enaex S.A.
31.14. Sasol Limited
31.15. UBE Industries Ltd.
32. Global Nitric Acid Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Nitric Acid Market
34. Recent Developments In The Nitric Acid Market
35. Nitric Acid Market High Potential Countries, Segments and Strategies
35.1 Nitric Acid Market In 2029 - Countries Offering Most New Opportunities
35.2 Nitric Acid Market In 2029 - Segments Offering Most New Opportunities
35.3 Nitric Acid Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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