Global Nitric Acid Market 2017-2021

Global Nitric Acid Market 2017-2021

  • March 2017 •
  • 70 pages •
  • Report ID: 4796553 •
  • Format: PDF
About Nitric Acid

Nitric acid is used as an intermediate in the manufacture of polyurethane (PU) foams. There is an increasing demand for PU foams in transportation, furniture and bedding, and construction industries. The expanding market for nitric acid is attributed to its extensive use in fertilizers and production of adipic acid, TDI, nitrobenzene, and nitrochlorobenzene.

Technavio’s analysts forecast the global nitric acid market to grow at a CAGR of 2.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global nitric acid market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of nitric acid.

The market is divided into the following segments based on geography:
- Americas

Technavio's report, Global Nitric Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Agrium
- Dyno Nobel
- LSB Industries
- The Dow Chemical Company

Other prominent vendors
- Apache Nitrogen Products
- CF Industries
- Ixom
- Rashtriya Chemicals & Fertilizers
- Rentech
- Sasol
- Simplot

Market driver
- Increasing use of polyurethane foam
- For a full, detailed list, view our report

Market challenge
- NOx emission during adipic acid production
- For a full, detailed list, view our report

Market trend
- Growth in bedding and furniture industry driven by expanding population
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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