Nitric Acid Market (Application: Fertilizers, Nitrobenzene, Toluene Diisocyanate, Adipic Acid, Metal Processing, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

Nitric Acid Market (Application: Fertilizers, Nitrobenzene, Toluene Diisocyanate, Adipic Acid, Metal Processing, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034


Nitric Acid Market – Scope of Report

TMR’s report on the global nitric acid market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global nitric acid market for the period 2018–2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global nitric acid market from 2024 to 2034.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the nitric acid market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global nitric acid market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global nitric acid market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global nitric acid market.

The report delves into the competitive landscape of the global nitric acid market. Key players operating in the global nitric acid market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global nitric acid market profiled in this report.

Key Questions Answered in Global nitric acid Market Report
  • What is the sales/revenue generated by nitric acid across all regions during the forecast period?
  • What are the opportunities in the global nitric acid market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2034?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Nitric Acid Market – Research Objectives and Research Approach

The comprehensive report on the global nitric acid market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global nitric acid market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global nitric acid market.


1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand Side Trends
    1.3. Key Facts and Figures
    1.4. Trends Impacting Market
    1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
    2.1. Market Segmentation
    2.2. Key Developments
    2.3. Market Definitions
    2.4. Key Market Trends
    2.5. Market Dynamics
        2.5.1. Drivers
        2.5.2. Restraints
        2.5.3. Opportunities
    2.6. Global Nitric Acid Market Analysis and Forecast, 2020 - 2034
        2.6.1. Global Nitric Acid Market Revenue (US$ Mn)
    2.7. Porter’s Five Forces Analysis
    2.8. Regulatory Landscape
    2.9. Value Chain Analysis
        2.9.1. List of Raw Material Suppliers
        2.9.2. List of Key Manufacturers
        2.9.3. List of Key Suppliers
        2.9.4. List of Potential Customers
    2.10. Product Specification Analysis
    2.11. Production Overview
    2.12. Cost Structure Analysis
3. Economic Recovery Analysis Post COVID-19 Impact
    3.1. Impact on Supply Chain of Nitric Acid
    3.2. Recovery in Demand for Nitric Acid - Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Price Trend Analysis and Forecast (US$/Ton), 2020 - 2034
    5.1. Price Trend Analysis by Application
    5.2. Price Trend Analysis by Region
6. Global Nitric Acid Market Analysis and Forecast, by Application, 2020 - 2034
    6.1. Introduction and Definitions
    6.2. Global Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        6.2.1. Fertilizers
        6.2.2. Nitrobenzene
        6.2.3. Toluene Diisocyanate (TDI)
        6.2.4. Adipic Acid
        6.2.5. Metal Processing
        6.2.6. Others
    6.3. Global Nitric Acid Market Attractiveness, by Application
7. Global Nitric Acid Market Analysis and Forecast, by Region, 2020 - 2034
    7.1. Key Findings
    7.2. Global Nitric Acid Market Value (US$ Mn) Forecast, by Region, 2020 - 2034
        7.2.1. North America
        7.2.2. Europe
        7.2.3. Asia Pacific
        7.2.4. Latin America
        7.2.5. Middle East & Africa
    7.3. Global Nitric Acid Market Attractiveness, by Region
8. North America Nitric Acid Market Analysis and Forecast, 2020 - 2034
    8.1. Key Findings
    8.2. North America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    8.3. North America Nitric Acid Market Value (US$ Mn) Forecast, by Country, 2020 - 2034
        8.3.1. U.S. Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        8.3.2. Canada Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    8.4. North America Nitric Acid Market Attractiveness Analysis
9. Europe Nitric Acid Market Analysis and Forecast, 2020 - 2034
    9.1. Key Findings
    9.2. Europe Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    9.3. Europe Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
        9.3.1. Germany Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        9.3.2. France Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        9.3.3. U.K. Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        9.3.4. Italy Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        9.3.5. Russia & CIS Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        9.3.6. Rest of Europe Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    9.4. Europe Nitric Acid Market Attractiveness Analysis
10. Asia Pacific Nitric Acid Market Analysis and Forecast, 2020 - 2034
    10.1. Key Findings
    10.2. Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    10.3. Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
        10.3.1. China Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        10.3.2. Japan Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        10.3.3. India Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        10.3.4. ASEAN Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        10.3.5. Rest of Asia Pacific Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    10.4. Asia Pacific Nitric Acid Market Attractiveness Analysis
11. Latin America Nitric Acid Market Analysis and Forecast, 2020 - 2034
    11.1. Key Findings
    11.2. Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    11.3. Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
        11.3.1. Brazil Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        11.3.2. Mexico Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        11.3.3. Rest of Latin America Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    11.4. Latin America Nitric Acid Market Attractiveness Analysis
12. Middle East & Africa Nitric Acid Market Analysis and Forecast, 2020 - 2034
    12.1. Key Findings
    12.2. Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    12.3. Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023 - 2034
        12.3.1. GCC Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        12.3.2. South Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
        12.3.3. Rest of Middle East & Africa Nitric Acid Market Value (US$ Mn) Forecast, by Application, 2020 - 2034
    12.4. Middle East & Africa Nitric Acid Market Attractiveness Analysis
13. Competition Landscape
    13.1. Global Nitric Acid Market Company Share Analysis, 2023
    13.2. Company Profiles
        13.2.1. BASF SE
13.2.1.1. Company Revenue
13.2.1.2. Business Overview
13.2.1.3. Product Segments
13.2.1.4. Geographic Footprint
13.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.2. The Chemours Company
13.2.2.1. Company Revenue
13.2.2.2. Business Overview
13.2.2.3. Product Segments
13.2.2.4. Geographic Footprint
13.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.3. Eurochem Group
13.2.3.1. Company Revenue
13.2.3.2. Business Overview
13.2.3.3. Product Segments
13.2.3.4. Geographic Footprint
13.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.4. Dyno Nobel
13.2.4.1. Company Revenue
13.2.4.2. Business Overview
13.2.4.3. Product Segments
13.2.4.4. Geographic Footprint
13.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.5. Nutrien Ltd.
13.2.5.1. Company Revenue
13.2.5.2. Business Overview
13.2.5.3. Product Segments
13.2.5.4. Geographic Footprint
13.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.6. Sumitomo Chemical Co., Ltd.
13.2.6.1. Company Revenue
13.2.6.2. Business Overview
13.2.6.3. Product Segments
13.2.6.4. Geographic Footprint
13.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.7. Yara
13.2.7.1. Company Revenue
13.2.7.2. Business Overview
13.2.7.3. Product Segments
13.2.7.4. Geographic Footprint
13.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.8. CF Industries
13.2.8.1. Company Revenue
13.2.8.2. Business Overview
13.2.8.3. Product Segments
13.2.8.4. Geographic Footprint
13.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.9. Deepak Fertilisers and Petrochemicals Corporation Limited
13.2.9.1. Company Revenue
13.2.9.2. Business Overview
13.2.9.3. Product Segments
13.2.9.4. Geographic Footprint
13.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
        13.2.10. OCI
13.2.10.1. Company Revenue
13.2.10.2. Business Overview
13.2.10.3. Product Segments
13.2.10.4. Geographic Footprint
13.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)
13.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
14. Primary Research: Key Insights
15. Appendix

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