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Attribute
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Details
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Market size Volume in 2024
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58 million tonnes
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Market size Volume by 2032
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73 million tonnes
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Growth Rate
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CAGR of 2.15% from 2025 to 2035
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Base year for estimation
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2025
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Historic Data
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2015 – 2024
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Forecast period
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2026 – 2035
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Quantitative units
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Demand in million tonnes and CAGR from 2025 to 2035
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Report coverage
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Industry Market Size, Capacity By Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by Type, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share
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Segments covered
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By End-Use: (Fertilizer, Chemical Industry and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
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Regional scope
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North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research needs. Explore purchase options
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Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker reflect the major shutdown on monthly basis which will help you in tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries with a global view of production and consumption capacity loss that reflects the corresponding conversion factors. It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on supply of the product in the market at a Global level.
Q1.
What was the global market size of Nitric Acid in terms of volume in 2024?
Ans:
The global market size of Nitric Acid stood at approximately 58 million tonnes in 2024.
Q2.
Which end-use industry is dominating the global Nitric Acid market?
Ans:
The Fertilizer Industry is dominating the global Nitric Acid market and consumed roughly 80% of the market in 2024.
Q3.
Do you offer single or multi-user license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database)
Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
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