Global Calcium Nitrate Market is predicted to reach USD 11.0 Billion by 2023 at the CAGR of 5% - Techsci Research


Posted February 11, 2019 by James_Smith

Global Calcium Nitrate Market, By Application (Fertilizers, Wastewater Treatment Chemicals, Concrete Manufacturing, Explosives and Others), By Process (Limestone with Nitric Acid, Phosphate Rock with Nitric Acid and Ammonium Nitrate

 
Global Calcium Nitrate Market is projected to cross USD 11.0 billion by 2023, at a CAGR of over 5% during the forecast period. Demand for calcium nitrate is largely driven by high consumption of calcium nitrate fertilizers in emerging economies in Asia Pacific and Latin America. Also, the rising global population is impacting the growth of the calcium nitrate market positively due to growing trends for implementing eco-friendly fertilizer technologies and the escalating demand for food across the world. Moreover, the steadily growing global demand for grain crops coupled with increasing demand for wastewater treatment in emerging economies is expected to boost demand for calcium nitrate.

In terms of application, the Global Calcium Nitrate Market industry is categorized into Fertilizers, Wastewater Treatment Chemicals, Concrete Manufacturing, Explosives and others. Among all the applications, the fertilizers category was the largest in the global calcium nitrate industry in 2017. Taking into an account of geographical landscape, the Calcium Nitrate industry in the Asia-Pacific region was the largest in 2017. The growth in the Asia-Pacific region is primarily attributable to the rising demand of Calcium Nitrate from the fertilizer industries for producing more food crops in nations, such as India and China. Some of the leading players in the Global Calcium Nitrate Market are Agrium Inc., Airedale Chemical, GFS Chemicals Inc. and others.

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Some of the leading players in the Global Calcium Nitrate Market are Agrium Inc., Airedale Chemical, GFS Chemicals Inc., Haifa Chemicals Ltd., Prathista Industries Limited, Rural Liquid Fertilisers (RLF), Shanxi Jiaocheng, Tianlong Chemical Industry Co. Ltd., Sterling Chemicals, Uralchem Holding PLC and others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

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TechSci Research calculated the market size of Global Calcium Nitrate Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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Issued By Ken Mathews
Country United States
Categories Business , Industry , News
Tags calcium nitrate market , calcium nitrate market analysis , calcium nitrate market demand , calcium nitrate market forecast , calcium nitrate market share , calcium nitrate market size , global calcium nitrate market , us calcium nitrate market
Last Updated February 11, 2019