Nitric Acid Market Report 2026
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Published : February 2026

Pages : 175

Format : PDF

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Nitric Acid Market Report 2026

Global Outlook – By Type (Concentrated Nitric Acid, Dilute Nitric Acid), By Application (Fertilizers, Nitrobenzene, Adipic Acid, Toluene Diisocyanate (TDI), Nitrochlorobenzene, Other Applications), By End-Use Industry (Explosives, Agrochemicals, Electronics, Automotive, Other End-Use Industries) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Nitric Acid Market Overview

• Nitric Acid market size has reached to $22.55 billion in 2025

• Expected to grow to $26.9 billion in 2030 at a compound annual growth rate (CAGR) of 3.5%

• Growth Driver: Rising Expansion Of Agriculture Sector Fuels Growth In The Nitric Acid Market

• Market Trend: Strategic Collaborations Transforming The Nitric Acid Market

• Europe was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Nitric Acid Market?

Nitric acid is a red fume that appears as a pale yellow to reddish-brown liquid and generates red-brown fumes produced by the oxidation of ammonia, which is primarily used as raw material for the manufacture of fertilizers and explosives. Nitric acid is used in the automotive and fertilizer industries for various manufacturing purposes.

The main types of nitric acid are concentrated nitric acid and dilute nitric acid. Concentrated nitric acid refers to the strong oxidizing agent generally stored in dark brown bottles because of the photolytic decomposition of dinitrogen tetroxide. Concentrated nitric acid is used to prevent spontaneous explosions during the manufacturing process. The various types of applications are fertilizers, nitrobenzene, adipic acid, toluene diisocyanate (TDI), nitrochlorobenzene, and others that are used in various industries such as explosives, agrochemicals, electronics, automotive, and others.

Nitric Acid Market Global Report market report bar graph

What Is The Nitric Acid Market Size and Share 2026?

The nitric acid market size has grown steadily in recent years. It will grow from $22.55 billion in 2025 to $23.45 billion in 2026 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to expansion of fertilizer manufacturing capacity, growth in mining and explosives demand, increasing use in chemical intermediates, industrialization in developing economies, availability of ammonia based feedstock.

What Is The Nitric Acid Market Growth Forecast?

The nitric acid market size is expected to see steady growth in the next few years. It will grow to $26.9 billion in 2030 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to rising global food demand, increasing infrastructure and mining activities, growth of automotive manufacturing, expansion of specialty chemicals production, advancements in nitric acid manufacturing processes. Major trends in the forecast period include growing demand for nitric acid in fertilizer production, rising use of nitric acid in explosives manufacturing, increasing consumption in automotive component processing, expansion of nitric acid use in specialty chemical synthesis, rising demand for high purity nitric acid grades.

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Global Nitric Acid Market Segmentation

1) By Type: Concentrated Nitric Acid, Dilute Nitric Acid

2) By Application: Fertilizers, Nitrobenzene, Adipic Acid, Toluene Diisocyanate (TDI), Nitrochlorobenzene, Other Applications

3) By End-Use Industry: Explosives, Agrochemicals, Electronics, Automotive, Other End-Use Industries

Subsegments:

1) By Concentrated Nitric Acid: Industrial Grade Concentrated Nitric Acid, Laboratory Grade Concentrated Nitric Acid

2) By Dilute Nitric Acid: Dilute Nitric Acid For Laboratory Use, Dilute Nitric Acid For Industrial Applications

What Is The Driver Of The Nitric Acid Market?

The increasing expansion of agricultural sector is expected to propel the growth of nitric acid market going forward. The agricultural sector refers to the segment of the economy that encompasses activities related to the cultivation of land, raising and harvesting crops, and the rearing of livestock. In agriculture, nitric acid is employed for the production of ammonium nitrate fertilizers, contributing essential nitrogen to enhance crop growth and yield, while also serving as a soil amendment for pH adjustment. For instance, in January 2025, according to the The United States Department of Agriculture, a US-based federal executive department, in 2024, U.S. agricultural exports rose by $1.8 billion, marking a 1% increase compared to 2023. Therefore, the increasing expansion of agricultural sector is driving the growth of nitric acid industry.

What Is The Driver Of The Nitric Acid Market?

The increasing expansion of agricultural sector is expected to propel the growth of nitric acid market going forward. The agricultural sector refers to the segment of the economy that encompasses activities related to the cultivation of land, raising and harvesting crops, and the rearing of livestock. In agriculture, nitric acid is employed for the production of ammonium nitrate fertilizers, contributing essential nitrogen to enhance crop growth and yield, while also serving as a soil amendment for pH adjustment. For instance, in January 2025, according to the The United States Department of Agriculture, a US-based federal executive department, in 2024, U.S. agricultural exports rose by $1.8 billion, marking a 1% increase compared to 2023. Therefore, the increasing expansion of agricultural sector is driving the growth of nitric acid industry.

Global Nitric Acid Market Trends and Insights

Major companies operating in the nitric acid market are focusing on strategic collaboration, to provide reliable services to customers. Strategic collaboration refers to a mutually beneficial partnership between two or more independent entities who work together to achieve shared goals aligned with their individual strategic objectives. For instance, in February 2023, Rotating Machinery Services Inc., a US-based aftermarket engineering and services company, announced a collaboration with Howden Maintenance Partners, a Belgium-based maintenance and repair services company. Under this collaboration, Rotating Machinery Services (RMS) and Howden Maintenance Partners (HMP) aim to enhance the servicing of hot gas and nitric acid expanders in the Europe and Middle East (EMENA) region. This partnership combines RMS's expertise in Hot Gas Expanders with HMP's local repair capabilities, seeking to provide customers with improved reliability, maintainability, and performance for Fluid Catalytic Cracking (FCC) and Nitric Acid Expanders through a European center of excellence for expander services.

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What Are Latest Mergers And Acquisitions In The Nitric Acid Market?

In December 2023, Yara International ASA, a Norway-based chemicals company acquired organic-based fertilizer business of Agribios Italiana for an undisclosed amount. The acquisition of Agribios Italiana's organic-based fertilizer business by Yara International ASA enhances Yara's position in Europe, enabling the company to expand its offerings in support of regenerative agriculture, improve soil health, and contribute to the European Union's goal of increasing farmland under organic farming practices. Agribios Italiana is an Italy-based chemical manufacturing company that produces organic and organo-mineral fertilizers for the agricultural industry.

Regional Insights

Europe was the largest region in the nitric acid market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Nitric Acid Market?

The nitric acid market consists of sales of fuming nitric acid and anhydrous nitric acid. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Nitric Acid Market Report 2026?

The nitric acid market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the nitric acid industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abhilash Pyata

Nitric Acid Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $23.45 billion
Revenue Forecast In 2035 $26.9 billion
Growth Rate CAGR of 4.0% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Type, Application, End-Use Industry
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled BASF SE, Yara International ASA, CF Industries Holdings Inc., Nutrien Ltd., LSB Industries Inc., Deepak Fertilisers and Petrochemicals Corporation Ltd., Rashtriya Chemicals and Fertilizers Ltd., Grupa Azoty S.A., OCI N.V., EuroChem Group AG, Indian Farmers Fertiliser Cooperative Limited (IFFCO), Dyno Nobel Pty Limited, Hanwha Corporation, Apache Nitrogen Products Inc., Enaex S.A., Sasol Limited, UBE Industries Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., TogliattiAzot, Qatar Fertiliser Company (QAFCO), Orica Limited, Koch Fertilizer LLC, SBU Azot, Sichuan Meifeng Chemical Industry Co. Ltd., Mitsubishi Gas Chemical Company Inc.
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Nitric Acid Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Nitric Acid Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Nitric Acid Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Nitric Acid Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Sustainability, Climate Tech & Circular Economy

4.1.2 Industry 4.0 & Intelligent Manufacturing

4.1.3 Electric Mobility & Transportation Electrification

4.1.4 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems

4.1.5 Digitalization, Cloud, Big Data & Cybersecurity

4.2. Major Trends

4.2.1 Growing Demand For Nitric Acid In Fertilizer Production

4.2.2 Rising Use Of Nitric Acid In Explosives Manufacturing

4.2.3 Increasing Consumption In Automotive Component Processing

4.2.4 Expansion Of Nitric Acid Use In Specialty Chemical Synthesis

4.2.5 Rising Demand For High Purity Nitric Acid Grades

5. Nitric Acid Market Analysis Of End Use Industries

5.1 Fertilizer Manufacturers

5.2 Explosives Manufacturers

5.3 Agrochemical Companies

5.4 Automotive Component Manufacturers

5.5 Electronics Manufacturers

6. Nitric Acid Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Nitric Acid Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Nitric Acid PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Nitric Acid Market Size, Comparisons And Growth Rate Analysis

7.3. Global Nitric Acid Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Nitric Acid Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Nitric Acid Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Nitric Acid Market Segmentation

9.1. Global Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Concentrated Nitric Acid, Dilute Nitric Acid

9.2. Global Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Fertilizers, Nitrobenzene, Adipic Acid, Toluene Diisocyanate (TDI), Nitrochlorobenzene, Other Applications

9.3. Global Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Explosives, Agrochemicals, Electronics, Automotive, Other End-Use Industries

9.4. Global Nitric Acid Market, Sub-Segmentation Of Concentrated Nitric Acid, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Industrial Grade Concentrated Nitric Acid, Laboratory Grade Concentrated Nitric Acid

9.5. Global Nitric Acid Market, Sub-Segmentation Of Dilute Nitric Acid, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Dilute Nitric Acid For Laboratory Use, Dilute Nitric Acid For Industrial Applications

10. Nitric Acid Market Regional And Country Analysis

10.1. Global Nitric Acid Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Nitric Acid Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Nitric Acid Market

11.1. Asia-Pacific Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Nitric Acid Market

12.1. China Nitric Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Nitric Acid Market

13.1. India Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Nitric Acid Market

14.1. Japan Nitric Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Nitric Acid Market

15.1. Australia Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Nitric Acid Market

16.1. Indonesia Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Nitric Acid Market

17.1. South Korea Nitric Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Nitric Acid Market

18.1. Taiwan Nitric Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Nitric Acid Market

19.1. South East Asia Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Nitric Acid Market

20.1. Western Europe Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Nitric Acid Market

21.1. UK Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Nitric Acid Market

22.1. Germany Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Nitric Acid Market

23.1. France Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Nitric Acid Market

24.1. Italy Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Nitric Acid Market

25.1. Spain Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Nitric Acid Market

26.1. Eastern Europe Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Nitric Acid Market

27.1. Russia Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Nitric Acid Market

28.1. North America Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Nitric Acid Market

29.1. USA Nitric Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Nitric Acid Market

30.1. Canada Nitric Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Nitric Acid Market

31.1. South America Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Nitric Acid Market

32.1. Brazil Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Nitric Acid Market

33.1. Middle East Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Nitric Acid Market

34.1. Africa Nitric Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Nitric Acid Market, Segmentation By Type, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Nitric Acid Market Regulatory and Investment Landscape

36. Nitric Acid Market Competitive Landscape And Company Profiles

36.1. Nitric Acid Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Nitric Acid Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Nitric Acid Market Company Profiles

36.3.1. BASF SE Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Yara International ASA Overview, Products and Services, Strategy and Financial Analysis

36.3.3. CF Industries Holdings Inc. Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Nutrien Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.5. LSB Industries Inc. Overview, Products and Services, Strategy and Financial Analysis

37. Nitric Acid Market Other Major And Innovative Companies

Deepak Fertilisers and Petrochemicals Corporation Ltd., Rashtriya Chemicals and Fertilizers Ltd., Grupa Azoty S.A., OCI N.V., EuroChem Group AG, Indian Farmers Fertiliser Cooperative Limited (IFFCO), Dyno Nobel Pty Limited, Hanwha Corporation, Apache Nitrogen Products Inc., Enaex S.A., Sasol Limited, UBE Industries Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., TogliattiAzot, Qatar Fertiliser Company (QAFCO)

38. Global Nitric Acid Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Nitric Acid Market

40. Nitric Acid Market High Potential Countries, Segments and Strategies

40.1 Nitric Acid Market In 2030 - Countries Offering Most New Opportunities

40.2 Nitric Acid Market In 2030 - Segments Offering Most New Opportunities

40.3 Nitric Acid Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Nitric Acid Market, Overview Of Key Products - Product Examples
  • Table 2: Global Nitric Acid Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Nitric Acid Market, Supply Chain Analysis
  • Table 4: Global Nitric Acid Market, Major Raw Material Providers
  • Table 5: Global Nitric Acid Market, Major Resource Providers
  • Table 6: Global Nitric Acid Market, Major Manufacturers (Suppliers)
  • Table 7: Global Nitric Acid Market, Major Distributors And Channel Partners
  • Table 8: Global Nitric Acid Market, Key Technologies & Future Trends
  • Table 9: Global Nitric Acid Market, Major Trends
  • Table 10: Global Nitric Acid Market, Major End Users
  • Table 11: Global Nitric Acid Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Nitric Acid Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Nitric Acid Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Nitric Acid Market - TAM, US$ Billion, 2025
  • Table 15: Global Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Nitric Acid Market, Sub-Segmentation Of Concentrated Nitric Acid, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Nitric Acid Market, Sub-Segmentation Of Dilute Nitric Acid, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Nitric Acid Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Nitric Acid Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Asia-Pacific, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Asia-Pacific, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: China, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: China, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: India, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: India, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: Japan, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: Japan, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Australia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Australia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Indonesia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Indonesia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: South Korea, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: South Korea, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: Taiwan, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: Taiwan, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: South East Asia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: South East Asia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: Western Europe, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: Western Europe, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: UK, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: UK, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: Germany, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: Germany, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: France, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: France, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: Italy, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: Italy, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Spain, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Spain, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Eastern Europe, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Eastern Europe, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Russia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Russia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: North America, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: North America, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: USA, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: USA, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: Canada, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: Canada, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: South America, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: South America, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: Brazil, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: Brazil, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Middle East, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Middle East, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Africa, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Africa, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Global Nitric Acid Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 95: Global Nitric Acid Market - Company Scoring Matrix
  • Table 96: BASF SE Financial Performance
  • Table 97: Yara International ASA Financial Performance
  • Table 98: CF Industries Holdings Inc. Financial Performance
  • Table 99: Nutrien Ltd. Financial Performance
  • Table 100: LSB Industries Inc. Financial Performance
  • Table 101: Global Nitric Acid Market, Competitive Benchmarking (In USD Billions)
  • Table 102: Global Nitric Acid Market, Competitive Dashboard
  • Table 103: Global Nitric Acid Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 104: Global, Nitric Acid Market Size Gain ($ Billion), Segmentation By Type, 2025 – 2030
  • Table 105: Global, Nitric Acid Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Table 106: Global, Nitric Acid Market Size Gain ($ Billion), Segmentation By End-Use Industry, 2025 – 2030

List Of Figures

    Figure 1: Global Nitric Acid Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Nitric Acid Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Nitric Acid Market, Supply Chain Analysis
  • Figure 4: Global Nitric Acid Market, Major Raw Material Providers
  • Figure 5: Global Nitric Acid Market, Major Resource Providers
  • Figure 6: Global Nitric Acid Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Nitric Acid Market, Major Distributors And Channel Partners
  • Figure 8: Global Nitric Acid Market, Key Technologies & Future Trends
  • Figure 9: Global Nitric Acid Market, Major Trends
  • Figure 10: Global Nitric Acid Market, Major End Users
  • Figure 11: Global Nitric Acid Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Nitric Acid Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Nitric Acid Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Nitric Acid Market - TAM, US$ Billion, 2025
  • Figure 15: Global Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Nitric Acid Market, Sub-Segmentation Of Concentrated Nitric Acid, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Nitric Acid Market, Sub-Segmentation Of Dilute Nitric Acid, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Nitric Acid Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Nitric Acid Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Asia-Pacific, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Asia-Pacific, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: China, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: China, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: India, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: India, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: Japan, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: Japan, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Australia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Australia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Indonesia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Indonesia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: South Korea, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: South Korea, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: Taiwan, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: Taiwan, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: South East Asia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: South East Asia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: Western Europe, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: Western Europe, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: UK, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: UK, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: Germany, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: Germany, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: France, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: France, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: Italy, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: Italy, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Spain, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Spain, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Eastern Europe, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Eastern Europe, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Russia, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Russia, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: North America, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: North America, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: USA, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: USA, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: Canada, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: Canada, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: South America, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: South America, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: Brazil, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: Brazil, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Middle East, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Middle East, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Africa, Nitric Acid Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Africa, Nitric Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Nitric Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Global Nitric Acid Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 95: Global Nitric Acid Market - Company Scoring Matrix
  • Figure 96: BASF SE Financial Performance
  • Figure 97: Yara International ASA Financial Performance
  • Figure 98: CF Industries Holdings Inc. Financial Performance
  • Figure 99: Nutrien Ltd. Financial Performance
  • Figure 100: LSB Industries Inc. Financial Performance
  • Figure 101: Global Nitric Acid Market, Competitive Benchmarking (In USD Billions)
  • Figure 102: Global Nitric Acid Market, Competitive Dashboard
  • Figure 103: Global Nitric Acid Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 104: Global, Nitric Acid Market Size Gain ($ Billion), Segmentation By Type, 2025 – 2030
  • Figure 105: Global, Nitric Acid Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Figure 106: Global, Nitric Acid Market Size Gain ($ Billion), Segmentation By End-Use Industry, 2025 – 2030

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Frequently Asked Questions

The Nitric Acid market was valued at $22.55 billion in 2025, increased to $23.45 billion in 2026, and is projected to reach $26.9 billion by 2030.

The global Nitric Acid market is expected to grow at a CAGR of 3.5% from 2026 to 2035 to reach $26.9 billion by 2035.

Some Key Players in the Nitric Acid market Include, BASF SE, Yara International ASA, CF Industries Holdings Inc., Nutrien Ltd., LSB Industries Inc., Deepak Fertilisers and Petrochemicals Corporation Ltd., Rashtriya Chemicals and Fertilizers Ltd., Grupa Azoty S.A., OCI N.V., EuroChem Group AG, Indian Farmers Fertiliser Cooperative Limited (IFFCO), Dyno Nobel Pty Limited, Hanwha Corporation, Apache Nitrogen Products Inc., Enaex S.A., Sasol Limited, UBE Industries Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., TogliattiAzot, Qatar Fertiliser Company (QAFCO), Orica Limited, Koch Fertilizer LLC, SBU Azot, Sichuan Meifeng Chemical Industry Co. Ltd., Mitsubishi Gas Chemical Company Inc. .

Major trend in this market includes: Strategic Collaborations Transforming The Nitric Acid Market. For further insights on this market. request a sample here

Europe was the largest region in the nitric acid market in 2025. The regions covered in the nitric acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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