'Nitric acid market' diaporamas de présentation

Global Nitric Acid Market By Region and Forecast 2018 to 2025

Global Nitric Acid Market | Out of the total demand for nitric acid in Asia-Pacific, China held more than 60% of the total revenue share in 2017. Abundant availability of precursors and high presence of downstream industries are driving the product demand in the country. Moreover, the Indian nitric acid industry is also expected to witness a rapid boost attributed to the increasing growth of fertilizers and chemical manufacturing industries in the country.

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Growth of the fertilizer industry is primarily driving the nitric acid market. Nitric acid is used in the production of calcium ammonium nitrate and ammonium nitrate, which are used in fertilizers.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

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Global Nitric Acid Industry Size, Share, Analysis, Growth, Trends and Forecasts, 2013 to 2019: Hexa Reports

According to the research study by Hexa research, Global Nitric Acid industry is estimated to see significant growth in the forecast period. Due to large scale use of chemicals and fertilizers this industry is expected to boom rapidly in the global market. With the growing demand of Ammonium nitrate fertilizers for agricultural use, it has become the key factor for industrial growth.

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