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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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.
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:
Breakup by Application:
- Concrete and Mortars
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
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