Global Bismuth Nitrate Market 2018-2022

Global Bismuth Nitrate Market 2018-2022

  • November 2018 •
  • 100 pages •
  • Report ID: 5691260 •
  • Format: PDF
About this market
Increasing use of environment-friendly nitrating agent to trend in the market. Bismuth nitrate is used as nitrating agent in laboratory applications as it is non-toxic, inexpensive, easy to handle, and insensitive to air. Technavio’s analysts have predicted that the bismuth nitrate market will register a CAGR of close to 5% by 2022.

Market Overview
Easy production process
Bismuth nitrate can be easily manufactured by treating bismuth metal and concentrated nitric acid. It can be manufactured both industrially and commercially without depending on latest technologies or equipment.
Potential health hazards
Bismuth nitrate is a moderate to highly concentrated liquid solution that can be extremely hazardous if ingested.
For the detailed list of factors that will drive and challenge the growth of the bismuth nitrate market during the 2018-2022, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including ProChem and Thermo Fisher Scientific the competitive environment is quite intense. Factors such as the increasing use of environment-friendly nitrating agent and the easy production process, will provide considerable growth opportunities to bismuth nitrate manufactures. American Elements, Avantor, GFS Chemical, Merck, ProChem, and Thermo Fisher Scientific are some of the major companies covered in this report.