Global Calcium Nitrate Market 2018: Calcium Nitrate Industry Analysis to 2023
Calcium nitrate has extensive applications in the agriculture industry as nitrogen fertilizer. The high solubility of calcium nitrate makes it popular for supplying a readily available source of nitrate and calcium directly to soil through irrigation, or with foliar applications. However, due to its hygroscopic property, it needs proprietary coatings prior to soil application to minimize moisture uptake.
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Global Top 10 Key Players
The prominent players operating in the global calcium nitrate market are ADOB, Yara International, Nutrien Ltd., GFS Chemicals, Inc., Sterling Chemicals., Barium & Chemicals, Blue Line Corporation., Uralchem Holding P.L.C., Haifa Chemicals ltd., Maryland Biochemical Company, LLC., and RLF Global, among others.
Intended Audience
- Calcium Nitrate market manufacturers
- Traders and distributors of calcium nitrate
- Production process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory
Moreover, calcium nitrate is widely used as an explosive. It is used for blasting in quarries, tunneling activities, and for road construction. Explosives made from calcium nitrates offer enhanced safety in handling, good transportation ability, and low fumes. Furthermore, calcium nitrate is used in wastewater treatment by eliminating the odor of sulfate compounds present in the water. It is used as admixtures in the production of concrete to promote rapid settling. The dissolution of anhydrous calcium nitrate is highly endothermic, which makes its use in regeneratable cold packs. Apart from this, it is also used in solar power plant to store energy as a coagulating agent in the manufacturing of rubber & plastics and pyrotechnics.
The global calcium nitrate market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Asia Pacific is leading the regional landscape, followed by North America and Europe. Asia Pacific is emerging as a lucrative market for the application of calcium nitrate as fertilizers and as wastewater treatment chemicals. For instance, due to rapid industrialization and urbanization in Asia Pacific, water quality is emerging as an important issue. Therefore, the need for treating both industrial wastewater and municipal corporation water is rising, which strengthen the calcium nitrate market. Furthermore, due to rising population particularly in India and China, the demand for food is rising. Fertilizers are being used to improve the productivity of crops and thereby subsequently propel the calcium nitrate market to meet the demand, Increasing defense budget in North America is expected to increase the explosive market in the region.
The explosive application is expected to have high growth in the demand for calcium nitrate during the forecast period. The Calcium Nitrate Market in terms of fertilizers segment accounted for 45% of the total calcium nitrate consumption in Europe. Renovation sector is expected to see stronger growth than new construction in Europe, which is expected to drive the calcium nitrate market in the concrete admixture application further. The Middle East region is expected to witness significant growth due to the continuously growing construction industry, which is likely to boost demand for the calcium nitrate uses an admixture in concrete during the years to follow. The UAE, Qatar, and Saudi Arabia are likely to lead the regional market over the forecast period. Lastly, Latin America is expected to witness an exponential demand for calcium nitrate due to massive ongoing programs to collect and treat wastewater.
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Market Segmentation
The global calcium nitrate market is segmented by type of process and application and region. On the basis of the type of process, the global calcium nitrate market is segmented into reacting limestone with nitric acid, reacting phosphate rock with nitric acid and reacting ammonium nitrate with calcium hydroxide. On the basis of the application, the global calcium nitrate market is segmented into fertilizers, wastewater treatment, explosives, concrete admixture, and others (latex manufacturing, regenerable cold packs, and pyrotechnics). On the basis of the region, the global calcium nitrate market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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