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
• APAC
• EMEA
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
• BASF
• 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.
Table of Contents
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
List of Exhibits
Exhibit 01: Ostwald's process for industrial preparation of ammonia
Exhibit 02: Global nitric acid market 2016 and 2021 (kilotons)
Exhibit 03: Market forecast: Global nitric acid market 2016-2021
Exhibit 04: Global nitric acid market by application 2016
Exhibit 05: Global nitric acid market by application 2021
Exhibit 06: Global nitric acid market in fertilizers 2016 and 2021 (kilotons)
Exhibit 07: Market forecast: Global nitric acid market in fertilizers 2016-2021
Exhibit 08: Global nitric acid market in nitrobenzene 2016 and 2021 (kilotons)
Exhibit 09: Market forecast: Global nitric acid market in nitrobenzene 2016-2021
Exhibit 10: Global nitric acid market in TDI 2016 and 2021 (kilotons)
Exhibit 11: Market forecast: Global nitric acid market in TDI 2016-2021
Exhibit 12: Global nitric acid market in adipic acid 2016 and 2021 (kilotons)
Exhibit 13: Market forecast: Global nitric acid market in adipic acid 2016-2021
Exhibit 14: Global nitric acid market in nitrochlorobenzene 2016 and 2021 (kilotons)
Exhibit 15: Market forecast: Global nitric acid market in nitrochlorobenzene 2016-2021
Exhibit 16: Global nitric acid market in other applications 2016 and 2021 (kilotons)
Exhibit 17: Market forecast: Global nitric acid market in other applications 2016-2021
Exhibit 18: Global nitric acid market by geography 2016
Exhibit 19: Global nitric acid market by geography 2021
Exhibit 20: Nitric acid market in Europe 2016 and 2021 (kilotons)
Exhibit 21: Market forecast: Nitric acid market in Europe 2016-2021
Exhibit 22: Nitric acid market in APAC 2016 and 2021 (kilotons)
Exhibit 23: Market forecast: Nitric acid market in APAC 2016-2021
Exhibit 24: Nitric acid market in Americas 2016 and 2021 (kilotons)
Exhibit 25: Market forecast: Nitric acid market in Americas 2016-2021
Exhibit 26: Nitric acid market in ROW 2016 and 2021 (kilotons)
Exhibit 27: Market forecast: Nitric acid market in ROW 2016-2021
Exhibit 28: Global motor vehicle sales 2015-2020 (millions of units)
Exhibit 29: Global passenger vehicle sales 2015-2020 (millions of units)
Exhibit 30: Global commercial vehicle sales 2015-2020 (millions of units)
Exhibit 31: Motorcycle tires by volume 2016-2021 (%)
Exhibit 32: Impact of drivers
Exhibit 33: Impact of challenges
Exhibit 34: Key vendors in global nitric acid market
Exhibit 35: BASF: Business segmentation by revenue 2015
Exhibit 36: BASF: Geographical segmentation by revenue 2015
Exhibit 37: LSB Industries: End-user segmentation by revenue 2015
Exhibit 38: The Dow Chemical Company: Business segmentation by revenue 2015
Exhibit 39: The Dow Chemical Company: Geographical segmentation by revenue 2015
