The Europe sodium nitrate market is driven by factors such as increasing the use of sodium nitrate in agriculture, chemical, and food & beverage industries.
Sodium nitrate is soluble in water and other solvents, and thus, it is an effective nutrient-release fertilizer. Sodium nitrate is available at a low cost as compared to all other nitrogen-based fertilizers.
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The increasing demand for penicillin in European countries acts as an opportunity for the European sodium nitrate market. Sodium nitrate is utilized in penicillin medium preparation along with other salts such as MgSO4, K3PO4, and others.
Some of the major players operating in the Europe sodium nitrate market are BASF SE, Merck KGaA, Honeywell International Inc., Union Group Chemical Company S.L., Grupa Azoty SA, abcr GmbH, URALCHEM Holding P.L.C., PJSC Concern Stirol, PJSC Severodonetsk “Azot”, Neochim Plc, and JSC «Farg’onaazot».
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Europe Sodium Nitrate Market Coverage
Grade Insight and Forecast 2014-2024
Industrial
Food Grade
Pharmaceutical Grade
End-Use Insight and Forecast 2014-2024
Agriculture
Chemical
Food & Beverages
Pharmaceutical
Others
Geographical Segmentation
Sodium Nitrate Market by Country
Germany
U.K.
France
Russia
Ukraine
Rest of Europe
Source: VynZ Research