Calcium Nitrate Market Report:

According to IMARC Group latest report titled “Calcium Nitrate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on calcium nitrate market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global calcium nitrate market is expected to exhibit a growth rate (CAGR) of 5.6% during 2023-2028.

Calcium nitrate [Ca(NO3)2] refers to a colorless crystalline oxidant that is obtained by applying nitric acid to ammonia and limestone. Also known as Norges Salpeter (Norwegian saltpeter), it absorbs moisture from the air and is found as an anhydrous or tetrahydrate compound. Calcium nitrate is an essential component used in the manufacturing of fireworks, matchsticks, fertilizers, explosives, etc. It is also utilized in wastewater treatment to suppress odor formation in sewer networks and municipal wastewater. Calcium nitrate helps in enhancing the storage life and disease resistance of fruits and aids in the cell formation, growth, and development of leaves.

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Market Trends:

The growing demand for agrochemicals and fertilizers in the agriculture sector represents one of the key factors driving the calcium nitrate market. It aids in elongation and root growth, protects the plants from stress-induced cell damage, functions as an antioxidant, etc. Furthermore, calcium nitrate forms amino acid for photosynthesis and is suitable for several plants, such as apple, tomato, pepper, etc. It is also a source of nitrate and calcium in hydroponics, which is fueling the product demand. Additionally, the governments of numerous countries are implementing stringent regulations water for improving water and wastewater treatment procedures, which utilize calcium nitrate to reduce the amount of hydrogen sulfide. This, in turn, is anticipated to bolster the market growth in the coming years.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• GFS Chemicals Inc
• Haifa Group
• Nutrien Ltd.
• ProChem Inc
• Rural Liquid Fertilisers
• Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd.
• Shanxi Leixin Chemical Co. Ltd
• Sterling Chemicals (Eastman Chemical Company)
• Van Iperen International
• Wego Chemical Group
• Yara International ASA

Calcium Nitrate Market Segmentation:

Our report has categorized the market based on region, form and application.

Breakup by Form:

• Liquid
• Crystal
• Granule
• Others

Breakup by Application:

• Fertilizer
• Concrete and Mortars
• Water-treatments
• Explosives
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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