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Global Concentrated Nitric Acid Market 2018-2022

Concentrated Nitric Acid Sector: Worldwide Forecast until 2022

  • January 2018
  • 117 pages
  • ID: 5273088
In this report:
According to the World Bank Group data, the global agricultural value stood at $##.## trillion in 2015, which increased to $##.## trillion by the end of 2016.
Similarly, the annual GDP for China was ##.##% in 2016, which is expected to increase during the forecast period.
BASF is expected to acquire seed and agricultural business from Bayer for €##.## billion ($##.## billion) by the end of 2017.


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About Concentrated Nitric Acid

Nitric acid (HNO3) is a colorless liquid acid commonly used in the manufacturing of fertilizers utilized in the agriculture market. Concentrated nitric acid is a form of nitric acid. In this market report, nitric acid with a concentration level of 70.0 percent or more has been considered. Concentrated nitric acid is mainly used in the manufacturing of ammonium nitrate; nitrobenzene, adipic acid, trinitrotoluene, toluene disocyanate,, and nitroglycerine, which are used across main end-user industries including explosives, agrochemicals, automotive, electrical and electronics, and others.

The experts estimate the worldwide concentrated nitric acid market to increase at a compound annual Growth rate of ~3.1 percent during the time frame 2018-2022.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global concentrated nitric acid sector for 2018-2022. The report includes a detailed synthesis of the market, included data from multiple sources..

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Concentrated Nitric Acid Sector 2018-2022, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• increasing demand from main end-user industries

• For a full, exhaustive list, view our market report

How is the market going?

• Growing economy in Asia-Pac

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will the market value be in 2022 and what will the increase rate be?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

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