Table of Content


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Nitric Acid Market, by Region

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Consumption of AN in explosives and blasting agent applications
5.1.1.2. Increasing demand from automobile industry
5.1.1.3. Growth in demand of aniline in various end use industries like pharmaceutical
5.1.2. Restraints
5.1.2.1. Growth in environmental regulation by the government
5.1.3. Opportunities
5.1.3.1. Development and commercialization of bio-based adipic acid
5.1.3.2. Rising demand for nitric acid from the fertilizer industry
5.1.4. Challenges
5.1.4.1. Health-related hazards caused by nitric acid
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Nitric Acid Market, by Application
6.1. Introduction
6.2. Adipic Acid
6.3. Fertilizers
6.4. Nitrobenzene
6.5. Nitrochlorobenzene
6.6. Toulene Di-isocynate

7. Nitric Acid Market, by End Use
7.1. Introduction
7.2. Agrochemicals
7.3. Automotive
7.4. Electronics
7.5. Explosives

8. Americas Nitric Acid Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Nitric Acid Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Nitric Acid Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Air Liquide UK Limited
12.1.2. BASF SE
12.1.3. CF Industries Holdings, Inc.
12.1.4. DuPont de Nemours, Inc.
12.1.5. Dyno Nobel by Incitec Pivot Limited
12.1.6. EuroChem Group AG
12.1.7. Nutrien Ltd.
12.1.8. OCI N.V.
12.1.9. Omnia Holding Limited
12.1.10. Rashtriya Chemicals & Fertilizers Ltd.
12.1.11. Solvay S.A.
12.1.12. Sumitomo Chemical Co., Ltd.
12.1.13. The Dow Chemical Company
12.1.14. Thyssenkrupp AG
12.1.15. Yara International ASA
12.2. Key Product Portfolio

13. Appendix
13.1. Discussion Guide
13.2. License & Pricing



List of Figures


FIGURE 1. NITRIC ACID MARKET RESEARCH PROCESS
FIGURE 2. NITRIC ACID MARKET SIZE, 2023 VS 2030
FIGURE 3. NITRIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. NITRIC ACID MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. NITRIC ACID MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. NITRIC ACID MARKET DYNAMICS
FIGURE 7. NITRIC ACID MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 8. NITRIC ACID MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. NITRIC ACID MARKET SIZE, BY END USE, 2023 VS 2030 (%)
FIGURE 10. NITRIC ACID MARKET SIZE, BY END USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES NITRIC ACID MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES NITRIC ACID MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. NITRIC ACID MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. NITRIC ACID MARKET SHARE, BY KEY PLAYER, 2023

List of Tables


TABLE 1. NITRIC ACID MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
TABLE 3. NITRIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. GLOBAL NITRIC ACID MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
TABLE 5. NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 6. NITRIC ACID MARKET SIZE, BY ADIPIC ACID, BY REGION, 2018-2030 (USD MILLION)
TABLE 7. NITRIC ACID MARKET SIZE, BY FERTILIZERS, BY REGION, 2018-2030 (USD MILLION)
TABLE 8. NITRIC ACID MARKET SIZE, BY NITROBENZENE, BY REGION, 2018-2030 (USD MILLION)
TABLE 9. NITRIC ACID MARKET SIZE, BY NITROCHLOROBENZENE, BY REGION, 2018-2030 (USD MILLION)
TABLE 10. NITRIC ACID MARKET SIZE, BY TOULENE DI-ISOCYNATE, BY REGION, 2018-2030 (USD MILLION)
TABLE 11. NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 12. NITRIC ACID MARKET SIZE, BY AGROCHEMICALS, BY REGION, 2018-2030 (USD MILLION)
TABLE 13. NITRIC ACID MARKET SIZE, BY AUTOMOTIVE, BY REGION, 2018-2030 (USD MILLION)
TABLE 14. NITRIC ACID MARKET SIZE, BY ELECTRONICS, BY REGION, 2018-2030 (USD MILLION)
TABLE 15. NITRIC ACID MARKET SIZE, BY EXPLOSIVES, BY REGION, 2018-2030 (USD MILLION)
TABLE 16. AMERICAS NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 17. AMERICAS NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 18. AMERICAS NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 19. ARGENTINA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 20. ARGENTINA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 21. BRAZIL NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 22. BRAZIL NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 23. CANADA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 24. CANADA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 25. MEXICO NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 26. MEXICO NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 27. UNITED STATES NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 28. UNITED STATES NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 29. UNITED STATES NITRIC ACID MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 30. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 31. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 32. ASIA-PACIFIC NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 33. AUSTRALIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 34. AUSTRALIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 35. CHINA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 36. CHINA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 37. INDIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 38. INDIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 39. INDONESIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 40. INDONESIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 41. JAPAN NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 42. JAPAN NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 43. MALAYSIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 44. MALAYSIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 45. PHILIPPINES NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 46. PHILIPPINES NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 47. SINGAPORE NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 48. SINGAPORE NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 49. SOUTH KOREA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 50. SOUTH KOREA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 51. TAIWAN NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 52. TAIWAN NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 53. THAILAND NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 54. THAILAND NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 55. VIETNAM NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 56. VIETNAM NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 57. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 58. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 59. EUROPE, MIDDLE EAST & AFRICA NITRIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 60. DENMARK NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 61. DENMARK NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 62. EGYPT NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 63. EGYPT NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 64. FINLAND NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 65. FINLAND NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 66. FRANCE NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 67. FRANCE NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 68. GERMANY NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 69. GERMANY NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 70. ISRAEL NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 71. ISRAEL NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 72. ITALY NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 73. ITALY NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 74. NETHERLANDS NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 75. NETHERLANDS NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 76. NIGERIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 77. NIGERIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 78. NORWAY NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 79. NORWAY NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 80. POLAND NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 81. POLAND NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 82. QATAR NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 83. QATAR NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 84. RUSSIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 85. RUSSIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 86. SAUDI ARABIA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 87. SAUDI ARABIA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 88. SOUTH AFRICA NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 89. SOUTH AFRICA NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 90. SPAIN NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 91. SPAIN NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 92. SWEDEN NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 93. SWEDEN NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 94. SWITZERLAND NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 95. SWITZERLAND NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 96. TURKEY NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 97. TURKEY NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 98. UNITED ARAB EMIRATES NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 99. UNITED ARAB EMIRATES NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 100. UNITED KINGDOM NITRIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
TABLE 101. UNITED KINGDOM NITRIC ACID MARKET SIZE, BY END USE, 2018-2030 (USD MILLION)
TABLE 102. NITRIC ACID MARKET, FPNV POSITIONING MATRIX, 2023
TABLE 103. NITRIC ACID MARKET SHARE, BY KEY PLAYER, 2023
TABLE 104. NITRIC ACID MARKET LICENSE & PRICING