Fuming Nitric Acid Market to See Drastic Growth Post 2020

The global Fuming Nitric Acid market is expected to boost high demand due to increasing applications in various end-user industries. Fuming Nitric Acid containing dissolved nitrogen oxides prepared as either a colorless to pale yellow or a red to brown corrosive poisonous liquid and used especially as a nitrating agent and as a powerful oxidizing agent. About two-thirds of the nitric acid is used for the production of ammonium nitrate which finds wide application in fertilizers. Moreover, rising demand for nylon 6-6, as a replacement for metals in the automotive industry is fueling the growth of the concentrated nitric acid market.

 

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AMA Research added a comprehensive research document of 200+ pages on ‘Fuming Nitric Acid’ Market with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country. Some of the important players from a wide list of coverage used under bottom-up approach are CF Industries (United States),Deepak Fertilisers and Petrochemicals Corp. Ltd. (India),Agrium Inc.(Canada),Koch Fertilizers LLC (United States),Hanwha Corporation (South Korea),LSB Industries Inc. (United States),Shandong Fengyuan Chemical Stock Co. Ltd. (China),Ube Industries (Japan),National Chemical Group (Russia),OCI N.V. (Netherlands)

 

Market Segmentation & Scope

Study by Type (Direct Method, Indirect Method, Hyperazeotropic Distillation), Application (Strong Oxidant, Dye, Nitration, Rocket Fuel, Others), End User (Agrochemicals, Explosives, Automotive, Electronics, Others)

 

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Market Drivers: The Growing Demand for  Aniline in Various End-Use Industries

The Increasing Demand for Fertilizer and Rising Need for High Crop Yield

 

Market Trend

High Adoption in Automotive & Infrastructure Industries

The Rising Need of Strong Oxidant In Industries

 

Restraints: The Increasing Concern Environmental and Government Regulations

Slow Growth of Fertilizer Industry and Toxic Nature of Ammonium Nitrate and Nitrobenzene

 

Country level Break-up includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)

 

Strategic Points Covered in Table of Content of Global Fuming Nitric Acid Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Fuming Nitric Acid market

Chapter 2: Exclusive Summary – the basic information of the Fuming Nitric Acid Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Fuming Nitric Acid

Chapter 4: Presenting the Fuming Nitric Acid Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2014-2019

Chapter 6: Evaluating the leading manufacturers of the Fuming Nitric Acid market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Fuming Nitric Acid Market is a valuable source of guidance for individuals and companies in decision framework.

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