Calcium Nitrate Market Overview:
Calcium Nitrate are predominantly utilized in various end use applications such as waste water treatment, latex production, agriculture, concrete production, and others. Other use includes explosive. Calcium Nitrate market is estimated to witness tremendous growth due to their demand in various end use industries. Furthermore, among the application type segment agriculture accounted for the largest market share on account rising usage of fertilizer in agriculture sector.
Furthermore, rising demand for good quality food along with increasing use of pesticide and fertilizer has raised the consumption of agrochemical, which, is likely to propel the growth of the market. Moreover, water treatment segment is estimated to grow with the highest CAGR on account of rising awareness regarding the need of saving drinking water along with strict regulations regarding the treatment of waste water which is discharged from many industries.
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Industry/ Innovation/ Related News:
December 2016- The Prayon Group launched a new product calcium nitrate extra which comes under the new range of fertilizers. This product exhibits fewer water molecules resulted in higher concentration of nutrients. This product launch will help company to strengthen its position among the calcium nitrate manufacturers across the globe.
June 2016- Yara International announced to expand its fertilizer plant production capacity at the Yara Porsgrunn site located in Norway. This plant will able to produce a new 20,000 m3 calcium nitrate Eurosilo. With this capacity expansion the company will able to meet the growing demand for calcium nitrate across the globe.
Calcium Nitrate Market Key Players:
Agrium Inc., Haifa-Group, Airedale Chemical, Gfs Chemicals, Prathista Organic World, Aldon Corporation, All-Chemie, Ltd, Rural Liquid Fertilisers, Sterling Chemicals, Yara International among others are some of the prominent players at the forefront of competition in the Global Calcium Nitrate Market and are profiled in MRFR Analysis.
Calcium Nitrate Market Segmentation:
The global market for calcium nitrate can be segmented by application, process, and region.
The market can be segmented into reacting ammonium nitrate with calcium hydroxide, reacting phosphate rock with nitric acid, and reacting limestone with nitric acid based on the type of process.
The market can be segmented into fertilizers, explosives, concrete admixture, wastewater treatment, and others based on application. Among them, fertilizers shall witness more market growth over the forecast period. Product based fertilizers contain calcium and nitrogen which are vital for the plants to absorb important nutrients from the soil and helps in preventing leaf spot diseases. Also, flowering plants retain their flowers for a considerable amount of time with the addition of these fertilizers.
The market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America based on region.
Calcium Nitrate Market Regional Analysis:
Geographically, Asia Pacific emerged as the largest market for calcium nitrate followed by Europe and North America. The Asia Pacific calcium nitrate market is estimated to witness tremendous growth with a significant CAGR over the assessment year due to rising industrial base for various end use industries in these regions. Moreover, the demand for calcium nitrate is predicted to raise in numerous countries of Asia Pacific such as China, India, Japan, Taiwan, Singapore, Bangladesh, Thailand, Malaysia, Australia, and South Korea on account of continuous growth of construction sector along with high adoption rate in the manufacturing of concrete production. Along with this, increasing commercial as well as industrial construction activities, huge spending by some of the prominent manufacturers operating in the market in their innovation and research & development activities, and shifting of calcium nitrate manufacturing unit in this region is estimated to drive the calcium nitrate regional market growth.
North American calcium nitrate market is estimated to witness above average growth due to raising demand for calcium nitrate in the manufacturing of explosives. In North America the market is further categorized into Canada and U.S., among them U.S. accounted as the leading regional market share due to increased military budgets and is predicted to retain its dominance in the regional market growth on account of robust growth of water treatment and latex production sector.
In Europe, calcium nitrate market is estimated to register moderate growth due to increasing awareness regarding the benefits associated with the products made from calcium nitrate as well as robust presence of various end use industries specifically in Germany, U.K., Spain, France, Italy, and Russia. Moreover, various developing countries of Latin America and the Middle East & Africa are estimated to witness steady growth due to increasing purchasing power and strong consumer base for waste water and agriculture industry.
Calcium Nitrate Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Market Dynamics of Global Calcium Nitrate Market
Calcium Nitrate Market Table of Content to be Continue…….,
Calcium Nitrate Market List of Tables:
Table 1 Global Calcium Nitrate Market: By Region, 2017−2025
Table 2 North America: Calcium Nitrate Market, By Country, 2017−2025
Table 3 Europe: Calcium Nitrate Market, By Country, 2017−2025
Table 4 Asia-Pacific: Calcium Nitrate Market. By Country, 2017−2025
Table 5 Middle East & Africa: Calcium Nitrate Market, By Country, 2017−2025
Calcium Nitrate Market List of Tables to be Continue…….,
Calcium Nitrate Market List of Figures:
FIGURE 1 Global Calcium Nitrate Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Calcium Nitrate Market
FIGURE 4 Value Chain of Global Calcium Nitrate Market
FIGURE 5 Global Calcium Nitrate Market, 2017−2025, By Country, 2017
Calcium Nitrate Market List of Figures to be Continue…….,
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