The global nitric acid market is expected to be primarily driven by increasing use of fertilizers. The maximum amount of nitric acid is consumed in producing ammonium nitrate and calcium ammonium nitrate (CAN). However, use of ammonium nitrate is declining in Europe as well as other parts of the world because of concerns relating to nitrate groundwater contamination and changes in agricultural subsidy policies. Urea is emerging as one of the main nitrogen fertilizers, which is less costly, contains more nitrogen, and does not have many safety issues.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

Key market highlights

PART 04: Market landscape

Global nitric acid market

PART 05: Market segmentation by application

Global nitric acid market by application

Global nitric acid market in fertilizers

Global nitric acid market in nitrobenzene

Global nitric acid market in TDI

Global nitric acid market in adipic acid

Global nitric acid market in nitrochlorobenzene

Global nitric acid market in other applications

PART 06: Geographical segmentation

Global nitric acid market by geography

Nitric acid market in Europe

Nitric acid market in APAC

Nitric acid market in Americas

Nitric acid market in ROW

PART 07: Decision framework

PART 08: Drivers and challenges

Market drivers

Impact of drivers on key customer segments

Market challenges

Impact of challenges on key customer segments

PART 09: Market trends

Economic growth in APAC

Abundant use of fertilizers

Growth in bedding and furniture industry driven by

expanding population

PART 10: Vendor landscape

Competitive scenario

Agrium

BASF

Dyno Nobel

LSB Industries

The Dow Chemical Company

Other prominent vendors

PART 11: Appendix

List of abbreviations

PART 12: Explore Technavio