농축 질산 시장 규모, 점유율, 성장 분석 : 농도별, 등급별, 용도별, 최종 이용 산업별, 포장 유형별, 지역별 - 업계 예측(2026-2033년)

Global Concentrated Nitric Acid Market size was valued at USD 5.5 billion in 2024 and is poised to grow from USD 5.88 billion in 2025 to USD 10.03 billion by 2033, growing at a CAGR of 6.9% during the forecast period (2026-2033).

The global concentrated nitric acid market is experiencing significant growth, primarily fueled by escalating demand for fertilizers, explosives, specialty chemicals, and industrial intermediates. The Asia-Pacific region leads this expansion, propelled by soaring fertilizer consumption and increased manufacturing capabilities in countries like China and India, alongside ongoing industrialization in Southeast Asia. Europe follows closely, driven by robust production of specialty chemicals and a push for enhanced nitric acid technologies in response to strict environmental regulations. Meanwhile, North America shows stable growth, supported by demand from sectors such as explosives, mining, polymers, and chemical manufacturing. Despite challenges from fluctuating raw material costs and compliance with emission standards, the outlook for the global concentrated nitric acid market remains strong.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Concentrated Nitric Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Concentrated Nitric Acid Market Segments Analysis

Global Concentrated Nitric Acid Market is segmented by Concentration, Grade, Application, End Use Industry, Packaging Type and region. Based on Concentration, the market is segmented into 52-56%, 58-65% and 68-70%. Based on Grade, the market is segmented into Technical Grade and Pure Grade. Based on Application, the market is segmented into Fertilizers, Explosives, Metal Treatment and Chemical Synthesis. Based on End Use Industry, the market is segmented into Agriculture, Construction, Mining and Manufacturing. Based on Packaging Type, the market is segmented into Drums, Tanks and Bulk Containers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Concentrated Nitric Acid Market

One significant market driver for the global concentrated nitric acid market is the increasing demand from various industries, particularly fertilizers, explosives, and chemical manufacturing. The agricultural sector's growing need for nitrogen-based fertilizers, driven by the rising global population and food production requirements, significantly enhances nitric acid consumption. Additionally, its critical role in producing explosives for mining and construction, as well as serving as a key chemical intermediary in various industrial processes, further fuels market growth. The expansion of these industries, coupled with advancements in production technologies, bolsters the demand for concentrated nitric acid worldwide.

Restraints in the Global Concentrated Nitric Acid Market

One significant market restraint for the global concentrated nitric acid market is the growing environmental concerns and regulatory pressures associated with nitric acid production and use. The manufacturing process of concentrated nitric acid often leads to the emission of harmful pollutants and greenhouse gases, which can result in stringent regulations and compliance costs for manufacturers. Additionally, rising public awareness about the adverse effects of chemical pollutants is prompting industries to seek safer, more sustainable alternatives. This shift towards greener practices may hinder growth opportunities for traditional concentrated nitric acid applications, thereby impacting market demand and profitability.

Market Trends of the Global Concentrated Nitric Acid Market

The Global Concentrated Nitric Acid market is experiencing a notable trend characterized by increasing demand driven primarily by the fertilizers sector, alongside a significant divergence in product types. As agricultural activities remain robust, a clear split is emerging between commodity-grade nitric acid for fertilizer production and higher purity, low impurity variants aimed at polymer and specialty chemicals. Additionally, heightened regulatory scrutiny regarding nitrogen oxide emissions is prompting investments in abatement technologies and process enhancements, ensuring improved conversion efficiency. This dual-market dynamic reflects broader industrial shifts towards sustainability and efficiency, positioning nitric acid as a crucial component in both agricultural and high-tech applications.

Table of Contents

Introduction

• Objectives of the Study
• Market Definition & Scope

Research Methodology

• Research Process
• Secondary & Primary Data Methods
• Market Size Estimation Methods

Executive Summary

• Global Market Outlook
• Key Market Highlights
• Segmental Overview
• Competition Overview

Market Dynamics & Outlook

• Macro-Economic Indicators
• Drivers & Opportunities
• Restraints & Challenges
• Supply Side Trends
• Demand Side Trends
• Porters Analysis & Impact
  • Competitive Rivalry
  • Threat of Substitute
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers

Key Market Insights

• Key Success Factors
• Market Impacting Factors
• Top Investment Pockets
• Ecosystem Mapping
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape
• Technology Assessment

Global Concentrated Nitric Acid Market Size by Concentration & CAGR (2026-2033)

• Market Overview
• 52-56%
• 58-65%
• 68-70%

Global Concentrated Nitric Acid Market Size by Grade & CAGR (2026-2033)

• Market Overview
• Technical Grade
• Pure Grade

Global Concentrated Nitric Acid Market Size by Application & CAGR (2026-2033)

• Market Overview
• Fertilizers
• Explosives
• Metal Treatment
• Chemical Synthesis

Global Concentrated Nitric Acid Market Size by End Use Industry & CAGR (2026-2033)

• Market Overview
• Agriculture
• Construction
• Mining
• Manufacturing

Global Concentrated Nitric Acid Market Size by Packaging Type & CAGR (2026-2033)

• Market Overview
• Drums
• Tanks
• Bulk Containers

Global Concentrated Nitric Acid Market Size & CAGR (2026-2033)

• North America (Concentration, Grade, Application, End Use Industry, Packaging Type)
  • US
  • Canada
• Europe (Concentration, Grade, Application, End Use Industry, Packaging Type)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Concentration, Grade, Application, End Use Industry, Packaging Type)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Concentration, Grade, Application, End Use Industry, Packaging Type)
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Concentration, Grade, Application, End Use Industry, Packaging Type)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Yara International ASA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CF Industries Holdings, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nutrien Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LSB Industries, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Koch Fertilizer, LLC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• OCI Global
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hanwha Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UBE Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Orica Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sasol Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EuroChem Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Grupa Azoty S.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Chemours Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinopec
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Chemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• INEOS Capital Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations