Concentrated Nitric Acid Market - Top Companies and Manufacturers

Companies Dominating the Concentrated Nitric Acid Landscape

3M
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Yara
Nutrien Ltd.
BASF SE
Dow Inc.
DuPont
Sika AG
C.F. Fertilisers U.K.
Innospec
Dorf Ketal Chemicals (I) Pvt. Ltd.
PMC Specialties Group
Clariant
Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL)

Browse Key Market Insights with Data Illustration:

Concentrated Nitric Acid Market Size, Global Forecast Report 2037

In the News

Plinke GmbH, a subsidiary of KBR, Inc. has been awarded a contract to build a Concentrated Nitric Acid plant (CNA) at Bharuch, Gujarat by Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). For the Indian market, this plant will produce a concentrated nitric acid of 98.5%.
Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) announced the commercial launch of a new nitric acid production complex in Dahej, Gujarat that has an annual capacity to produce 92 kiloton of concentrated nitric acid thus expanding its own nitric acid business.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of concentrated nitric acid is assessed at USD 27.39 billion.

The concentrated nitric acid market size was over USD 26.64 billion in 2024 and is poised to reach USD 44.85 billion by the end of 2037, witnessing around 3.6% CAGR during the forecast period i.e., between 2025-2037. Rising demand for concentrated nitric acid from agrochemicals industry and the growing demand in household cleaning products will boost the market growth.

North America industry is estimated to hold 28% revenue share by 2037, led by increased demand for ammonia nitrate and fuel oil ANFO, which acts as an oxidizer and fuel absorbent during the production of explosives.

The major players in the market include 3M, Yara, Nutrien Ltd., BASF SE, Dow Inc., DuPont, Sika AG, C.F. Fertilisers U.K., Innospec, Dorf Ketal Chemicals (I) Pvt. Ltd., PMC Specialties Group, Clariant, Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL).

Concentrated Nitric Acid Market - Top Companies and Manufacturers

Companies Dominating the Concentrated Nitric Acid Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the concentrated nitric acid market worth?

Why is the demand for concentrated nitric acid growing?

Which region dominated the majority of concentrated nitric acid industry share?

Who are the top concentrated nitric acid companies?