Nitric Acid Market Research Report from 2023 forecast to 2029, by Manufacturers, Regions, Type and Application

The global Nitric Acid Market size was valued at USD 13360 million in 2022 and is forecast to a readjusted size of USD 16500 million by 2029 with a CAGR of 3.1% during review period.

Introduction: Why the Nitric Acid Market is Vital in 2025

The Nitric Acid Market remains a cornerstone of the global chemical industry in 2025 due to its indispensable role as a key raw material in producing fertilizers, explosives, pharmaceuticals, and various industrial chemicals. Nitric acid, a highly corrosive and strong mineral acid, is primarily used in the manufacture of ammonium nitrate - a critical component in nitrogen-based fertilizers that sustain global agricultural productivity. As global food demand intensifies alongside industrialization and urbanization, the nitric acid market grows in tandem. Additionally, its applications in manufacturing specialty chemicals, metals processing, and emerging green technologies underpin its broad industrial significance.

The market in 2025 is shaped by several macro factors including fluctuating raw material costs, evolving environmental regulations, technological advancements in production processes, and shifts toward sustainable agriculture and industrial practices.

Market Drivers: What’s Fueling Nitric Acid Demand?

• Agricultural Sector Growth and Food Security Needs: The predominant use of nitric acid in nitrogen fertilizers to enhance crop yields is the primary market driver. Increasing global population and changing dietary patterns demand greater agricultural productivity, especially in Asia-Pacific, Latin America, and Africa.

• Industrial Applications Beyond Fertilizers: Nitric acid’s role in explosives (ammonium nitrate), metal treatment (etching, pickling), and chemical manufacturing sustains steady demand. Growth in construction, mining, and defense sectors propels these applications.

• Technological Improvements in Production: Advancements in catalytic oxidation and energy-efficient production technologies help reduce costs and emissions, expanding nitric acid availability and affordability.

• Regulatory Environment and Environmental Concerns: Stricter regulations on emissions and waste management in developed markets necessitate cleaner production techniques and impact capacity expansions.

• Expansion of Nitric Acid Derivatives Market: Rising demand for nitrates and nitro-compounds in pharmaceuticals, dyes, and explosives indirectly boosts nitric acid consumption.

Market Challenges and Restraints

• Raw Material Price Volatility: Feedstock (ammonia) price fluctuations affect production economics, influencing market prices and margins.

• Environmental and Safety Regulations: Handling and storage of nitric acid involve risks of corrosion and toxicity, demanding strict regulatory compliance, which can increase operational costs.

• Capacity Overcapacity and Regional Imbalances: Oversupply in some regions coupled with logistical constraints in others leads to price volatility and trade challenges.

• Shift Toward Sustainable and Alternative Fertilizers: Growing interest in organic and bio-based fertilizers could temper nitric acid demand in the long term.

Innovation in Focus: How Producers Are Advancing the Industry

• Energy-Efficient Production Technologies: Adoption of advanced catalytic converters and heat recovery systems reduce energy consumption and CO2 emissions during nitric acid manufacture.

• Green Chemistry and Sustainable Processes: Development of low-emission nitric acid plants with integrated pollution control equipment aligns production with environmental regulations.

• Improved Safety and Handling Solutions: Innovations in storage tanks, transport containers, and automated monitoring systems enhance workplace safety and reduce spill risks.

• Enhanced Process Automation: Integration of AI and IoT technologies in production facilities enables real-time monitoring, predictive maintenance, and process optimization.

• Nitric Acid Recycling and Waste Minimization: Techniques to recover and reuse nitric acid from industrial waste streams contribute to resource efficiency.

Regional Breakdown: Where Growth is Concentrating

• Asia-Pacific: The largest and fastest-growing market due to expanding agricultural activities, industrialization, and infrastructure development in China, India, Southeast Asia, and Australia. Government support for fertilizer production and usage further catalyzes growth.

• North America: Steady demand supported by well-established fertilizer industries, robust mining and metal processing sectors, and investments in cleaner production technologies.

• Europe: Moderate growth shaped by stringent environmental regulations, focus on sustainable agriculture, and innovations in industrial applications. Transition to greener processes limits capacity expansions.

• Latin America: Increasing agricultural production, particularly in Brazil and Argentina, supports strong demand, while emerging industrial applications add growth momentum.

• Middle East & Africa: Growing agricultural modernization initiatives and mining activities drive gradual market development, though infrastructure constraints pose challenges.

Strategic Considerations: How to Win in the Nitric Acid Market

• Invest in Sustainable and Energy-Efficient Production: Upgrading plants with state-of-the-art catalytic systems and pollution controls to meet evolving regulatory standards and reduce operational costs.

• Optimize Supply Chain and Logistics: Ensuring reliable feedstock supply (ammonia), efficient distribution networks, and storage facilities to balance regional supply-demand mismatches.

• Expand Presence in High-Growth Emerging Markets: Target infrastructure and agriculture development zones in Asia-Pacific, Latin America, and Africa with tailored solutions and partnerships.

• Focus on Product Quality and Safety Certifications: Compliance with international safety standards (OSHA, REACH, ISO) builds customer confidence and meets regulatory requirements.

• Diversify into Value-Added Derivatives: Expanding product portfolios to include nitrates, explosives, and specialty chemicals enhances profitability and market resilience.

Conclusion: Nitric Acid Market in 2025 and Beyond

The nitric acid market will continue to be driven by the essential role of nitrogen fertilizers in feeding the world, alongside its diverse industrial applications. Production innovations that lower costs and environmental impact will be crucial to sustaining growth. While challenges like raw material volatility and regulatory compliance persist, emerging technologies and strategic regional expansions offer pathways to market leadership. The increasing global emphasis on sustainability and circular economy principles may inspire further advances in nitric acid recycling and green manufacturing.

CF Industries Holdings
Yara
EuroChem
URALCHEM
Orica
Nutrien
Acron
SBU Azot
OCI
LSB Industries
Dyno Nobel
CVR Partners
Nutrien
Koch
Shanxi Tianji
Shanxi Xinghua
Yunnan Jiehua
Sinopec (Nanjing)
Sichuan Gold Elephant
Anhui JinHe Industrial
Holitech
Henan Jinkai
Shandong Dier-chem
Liuzhou Chemical
Jiangsu Huachang Chemical
Hongda Chemical
Luguang Chemical
Hualong Ammonium Nitrate
Sichuan Chemical
Fujian Shaohua

Dilute Nitric Acid
Concentrated Nitric Acid

Fertilizer
Explosives
Polyurethanes
Polyamides
Others

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Chapter 1, to describe Nitric Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Nitric Acid, with price, sales, revenue and global market share of Nitric Acid from 2018 to 2023.
Chapter 3, the Nitric Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Nitric Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Nitric Acid market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Nitric Acid.
Chapter 14 and 15, to describe Nitric Acid sales channel, distributors, customers, research findings and conclusion.

1 Market Overview

   1.1 Product Overview and Scope of Nitric Acid
   1.2 Market Estimation Caveats and Base Year
   1.3 Market Analysis by Type
       1.3.1 Overview: Global Nitric Acid Consumption Value by Type: 2018 Versus 2022 Versus 2029
       1.3.2 Dilute Nitric Acid
       1.3.3 Concentrated Nitric Acid
   1.4 Market Analysis by Application
       1.4.1 Overview: Global Nitric Acid Consumption Value by Application: 2018 Versus 2022 Versus 2029
       1.4.2 Fertilizer
       1.4.3 Explosives
       1.4.4 Polyurethanes
       1.4.5 Polyamides
       1.4.6 Others
   1.5 Global Nitric Acid Market Size & Forecast
       1.5.1 Global Nitric Acid Consumption Value (2018 & 2022 & 2029)
       1.5.2 Global Nitric Acid Sales Quantity (2018-2029)
       1.5.3 Global Nitric Acid Average Price (2018-2029)

2 Manufacturers Profiles

   2.1 CF Industries Holdings
       2.1.1 CF Industries Holdings Details
       2.1.2 CF Industries Holdings Major Business
       2.1.3 CF Industries Holdings Nitric Acid Product and Services
       2.1.4 CF Industries Holdings Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.1.5 CF Industries Holdings Recent Developments/Updates
   2.2 Yara
       2.2.1 Yara Details
       2.2.2 Yara Major Business
       2.2.3 Yara Nitric Acid Product and Services
       2.2.4 Yara Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.2.5 Yara Recent Developments/Updates
   2.3 EuroChem
       2.3.1 EuroChem Details
       2.3.2 EuroChem Major Business
       2.3.3 EuroChem Nitric Acid Product and Services
       2.3.4 EuroChem Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.3.5 EuroChem Recent Developments/Updates
   2.4 URALCHEM
       2.4.1 URALCHEM Details
       2.4.2 URALCHEM Major Business
       2.4.3 URALCHEM Nitric Acid Product and Services
       2.4.4 URALCHEM Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.4.5 URALCHEM Recent Developments/Updates
   2.5 Orica
       2.5.1 Orica Details
       2.5.2 Orica Major Business
       2.5.3 Orica Nitric Acid Product and Services
       2.5.4 Orica Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.5.5 Orica Recent Developments/Updates
   2.6 Nutrien
       2.6.1 Nutrien Details
       2.6.2 Nutrien Major Business
       2.6.3 Nutrien Nitric Acid Product and Services
       2.6.4 Nutrien Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.6.5 Nutrien Recent Developments/Updates
   2.7 Acron
       2.7.1 Acron Details
       2.7.2 Acron Major Business
       2.7.3 Acron Nitric Acid Product and Services
       2.7.4 Acron Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.7.5 Acron Recent Developments/Updates
   2.8 SBU Azot
       2.8.1 SBU Azot Details
       2.8.2 SBU Azot Major Business
       2.8.3 SBU Azot Nitric Acid Product and Services
       2.8.4 SBU Azot Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.8.5 SBU Azot Recent Developments/Updates
   2.9 OCI
       2.9.1 OCI Details
       2.9.2 OCI Major Business
       2.9.3 OCI Nitric Acid Product and Services
       2.9.4 OCI Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.9.5 OCI Recent Developments/Updates
   2.10 LSB Industries
       2.10.1 LSB Industries Details
       2.10.2 LSB Industries Major Business
       2.10.3 LSB Industries Nitric Acid Product and Services
       2.10.4 LSB Industries Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.10.5 LSB Industries Recent Developments/Updates
   2.11 Dyno Nobel
       2.11.1 Dyno Nobel Details
       2.11.2 Dyno Nobel Major Business
       2.11.3 Dyno Nobel Nitric Acid Product and Services
       2.11.4 Dyno Nobel Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.11.5 Dyno Nobel Recent Developments/Updates
   2.12 CVR Partners
       2.12.1 CVR Partners Details
       2.12.2 CVR Partners Major Business
       2.12.3 CVR Partners Nitric Acid Product and Services
       2.12.4 CVR Partners Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.12.5 CVR Partners Recent Developments/Updates
   2.13 Nutrien
       2.13.1 Nutrien Details
       2.13.2 Nutrien Major Business
       2.13.3 Nutrien Nitric Acid Product and Services
       2.13.4 Nutrien Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.13.5 Nutrien Recent Developments/Updates
   2.14 Koch
       2.14.1 Koch Details
       2.14.2 Koch Major Business
       2.14.3 Koch Nitric Acid Product and Services
       2.14.4 Koch Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.14.5 Koch Recent Developments/Updates
   2.15 Shanxi Tianji
       2.15.1 Shanxi Tianji Details
       2.15.2 Shanxi Tianji Major Business
       2.15.3 Shanxi Tianji Nitric Acid Product and Services
       2.15.4 Shanxi Tianji Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.15.5 Shanxi Tianji Recent Developments/Updates
   2.16 Shanxi Xinghua
       2.16.1 Shanxi Xinghua Details
       2.16.2 Shanxi Xinghua Major Business
       2.16.3 Shanxi Xinghua Nitric Acid Product and Services
       2.16.4 Shanxi Xinghua Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.16.5 Shanxi Xinghua Recent Developments/Updates
   2.17 Yunnan Jiehua
       2.17.1 Yunnan Jiehua Details
       2.17.2 Yunnan Jiehua Major Business
       2.17.3 Yunnan Jiehua Nitric Acid Product and Services
       2.17.4 Yunnan Jiehua Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.17.5 Yunnan Jiehua Recent Developments/Updates
   2.18 Sinopec (Nanjing)
       2.18.1 Sinopec (Nanjing) Details
       2.18.2 Sinopec (Nanjing) Major Business
       2.18.3 Sinopec (Nanjing) Nitric Acid Product and Services
       2.18.4 Sinopec (Nanjing) Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.18.5 Sinopec (Nanjing) Recent Developments/Updates
   2.19 Sichuan Gold Elephant
       2.19.1 Sichuan Gold Elephant Details
       2.19.2 Sichuan Gold Elephant Major Business
       2.19.3 Sichuan Gold Elephant Nitric Acid Product and Services
       2.19.4 Sichuan Gold Elephant Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.19.5 Sichuan Gold Elephant Recent Developments/Updates
   2.20 Anhui JinHe Industrial
       2.20.1 Anhui JinHe Industrial Details
       2.20.2 Anhui JinHe Industrial Major Business
       2.20.3 Anhui JinHe Industrial Nitric Acid Product and Services
       2.20.4 Anhui JinHe Industrial Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.20.5 Anhui JinHe Industrial Recent Developments/Updates
   2.21 Holitech
       2.21.1 Holitech Details
       2.21.2 Holitech Major Business
       2.21.3 Holitech Nitric Acid Product and Services
       2.21.4 Holitech Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.21.5 Holitech Recent Developments/Updates
   2.22 Henan Jinkai
       2.22.1 Henan Jinkai Details
       2.22.2 Henan Jinkai Major Business
       2.22.3 Henan Jinkai Nitric Acid Product and Services
       2.22.4 Henan Jinkai Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.22.5 Henan Jinkai Recent Developments/Updates
   2.23 Shandong Dier-chem
       2.23.1 Shandong Dier-chem Details
       2.23.2 Shandong Dier-chem Major Business
       2.23.3 Shandong Dier-chem Nitric Acid Product and Services
       2.23.4 Shandong Dier-chem Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.23.5 Shandong Dier-chem Recent Developments/Updates
   2.24 Liuzhou Chemical
       2.24.1 Liuzhou Chemical Details
       2.24.2 Liuzhou Chemical Major Business
       2.24.3 Liuzhou Chemical Nitric Acid Product and Services
       2.24.4 Liuzhou Chemical Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.24.5 Liuzhou Chemical Recent Developments/Updates
   2.25 Jiangsu Huachang Chemical
       2.25.1 Jiangsu Huachang Chemical Details
       2.25.2 Jiangsu Huachang Chemical Major Business
       2.25.3 Jiangsu Huachang Chemical Nitric Acid Product and Services
       2.25.4 Jiangsu Huachang Chemical Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.25.5 Jiangsu Huachang Chemical Recent Developments/Updates
   2.26 Hongda Chemical
       2.26.1 Hongda Chemical Details
       2.26.2 Hongda Chemical Major Business
       2.26.3 Hongda Chemical Nitric Acid Product and Services
       2.26.4 Hongda Chemical Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.26.5 Hongda Chemical Recent Developments/Updates
   2.27 Luguang Chemical
       2.27.1 Luguang Chemical Details
       2.27.2 Luguang Chemical Major Business
       2.27.3 Luguang Chemical Nitric Acid Product and Services
       2.27.4 Luguang Chemical Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.27.5 Luguang Chemical Recent Developments/Updates
   2.28 Hualong Ammonium Nitrate
       2.28.1 Hualong Ammonium Nitrate Details
       2.28.2 Hualong Ammonium Nitrate Major Business
       2.28.3 Hualong Ammonium Nitrate Nitric Acid Product and Services
       2.28.4 Hualong Ammonium Nitrate Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.28.5 Hualong Ammonium Nitrate Recent Developments/Updates
   2.29 Sichuan Chemical
       2.29.1 Sichuan Chemical Details
       2.29.2 Sichuan Chemical Major Business
       2.29.3 Sichuan Chemical Nitric Acid Product and Services
       2.29.4 Sichuan Chemical Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.29.5 Sichuan Chemical Recent Developments/Updates
   2.30 Fujian Shaohua
       2.30.1 Fujian Shaohua Details
       2.30.2 Fujian Shaohua Major Business
       2.30.3 Fujian Shaohua Nitric Acid Product and Services
       2.30.4 Fujian Shaohua Nitric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
       2.30.5 Fujian Shaohua Recent Developments/Updates

3 Competitive Environment: Nitric Acid by Manufacturer

   3.1 Global Nitric Acid Sales Quantity by Manufacturer (2018-2023)
   3.2 Global Nitric Acid Revenue by Manufacturer (2018-2023)
   3.3 Global Nitric Acid Average Price by Manufacturer (2018-2023)
   3.4 Market Share Analysis (2022)
       3.4.1 Producer Shipments of Nitric Acid by Manufacturer Revenue ($MM) and Market Share (%): 2022
       3.4.2 Top 3 Nitric Acid Manufacturer Market Share in 2022
       3.4.2 Top 6 Nitric Acid Manufacturer Market Share in 2022
   3.5 Nitric Acid Market: Overall Company Footprint Analysis
       3.5.1 Nitric Acid Market: Region Footprint
       3.5.2 Nitric Acid Market: Company Product Type Footprint
       3.5.3 Nitric Acid Market: Company Product Application Footprint
   3.6 New Market Entrants and Barriers to Market Entry
   3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

   4.1 Global Nitric Acid Market Size by Region
       4.1.1 Global Nitric Acid Sales Quantity by Region (2018-2029)
       4.1.2 Global Nitric Acid Consumption Value by Region (2018-2029)
       4.1.3 Global Nitric Acid Average Price by Region (2018-2029)
   4.2 North America Nitric Acid Consumption Value (2018-2029)
   4.3 Europe Nitric Acid Consumption Value (2018-2029)
   4.4 Asia-Pacific Nitric Acid Consumption Value (2018-2029)
   4.5 South America Nitric Acid Consumption Value (2018-2029)
   4.6 Middle East and Africa Nitric Acid Consumption Value (2018-2029)

5 Market Segment by Type

   5.1 Global Nitric Acid Sales Quantity by Type (2018-2029)
   5.2 Global Nitric Acid Consumption Value by Type (2018-2029)
   5.3 Global Nitric Acid Average Price by Type (2018-2029)

6 Market Segment by Application

   6.1 Global Nitric Acid Sales Quantity by Application (2018-2029)
   6.2 Global Nitric Acid Consumption Value by Application (2018-2029)
   6.3 Global Nitric Acid Average Price by Application (2018-2029)

7 North America

   7.1 North America Nitric Acid Sales Quantity by Type (2018-2029)
   7.2 North America Nitric Acid Sales Quantity by Application (2018-2029)
   7.3 North America Nitric Acid Market Size by Country
       7.3.1 North America Nitric Acid Sales Quantity by Country (2018-2029)
       7.3.2 North America Nitric Acid Consumption Value by Country (2018-2029)
       7.3.3 United States Market Size and Forecast (2018-2029)
       7.3.4 Canada Market Size and Forecast (2018-2029)
       7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

   8.1 Europe Nitric Acid Sales Quantity by Type (2018-2029)
   8.2 Europe Nitric Acid Sales Quantity by Application (2018-2029)
   8.3 Europe Nitric Acid Market Size by Country
       8.3.1 Europe Nitric Acid Sales Quantity by Country (2018-2029)
       8.3.2 Europe Nitric Acid Consumption Value by Country (2018-2029)
       8.3.3 Germany Market Size and Forecast (2018-2029)
       8.3.4 France Market Size and Forecast (2018-2029)
       8.3.5 United Kingdom Market Size and Forecast (2018-2029)
       8.3.6 Russia Market Size and Forecast (2018-2029)
       8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

   9.1 Asia-Pacific Nitric Acid Sales Quantity by Type (2018-2029)
   9.2 Asia-Pacific Nitric Acid Sales Quantity by Application (2018-2029)
   9.3 Asia-Pacific Nitric Acid Market Size by Region
       9.3.1 Asia-Pacific Nitric Acid Sales Quantity by Region (2018-2029)
       9.3.2 Asia-Pacific Nitric Acid Consumption Value by Region (2018-2029)
       9.3.3 China Market Size and Forecast (2018-2029)
       9.3.4 Japan Market Size and Forecast (2018-2029)
       9.3.5 Korea Market Size and Forecast (2018-2029)
       9.3.6 India Market Size and Forecast (2018-2029)
       9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
       9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

   10.1 South America Nitric Acid Sales Quantity by Type (2018-2029)
   10.2 South America Nitric Acid Sales Quantity by Application (2018-2029)
   10.3 South America Nitric Acid Market Size by Country
       10.3.1 South America Nitric Acid Sales Quantity by Country (2018-2029)
       10.3.2 South America Nitric Acid Consumption Value by Country (2018-2029)
       10.3.3 Brazil Market Size and Forecast (2018-2029)
       10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

   11.1 Middle East & Africa Nitric Acid Sales Quantity by Type (2018-2029)
   11.2 Middle East & Africa Nitric Acid Sales Quantity by Application (2018-2029)
   11.3 Middle East & Africa Nitric Acid Market Size by Country
       11.3.1 Middle East & Africa Nitric Acid Sales Quantity by Country (2018-2029)
       11.3.2 Middle East & Africa Nitric Acid Consumption Value by Country (2018-2029)
       11.3.3 Turkey Market Size and Forecast (2018-2029)
       11.3.4 Egypt Market Size and Forecast (2018-2029)
       11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
       11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

   12.1 Nitric Acid Market Drivers
   12.2 Nitric Acid Market Restraints
   12.3 Nitric Acid Trends Analysis
   12.4 Porters Five Forces Analysis
       12.4.1 Threat of New Entrants
       12.4.2 Bargaining Power of Suppliers
       12.4.3 Bargaining Power of Buyers
       12.4.4 Threat of Substitutes
       12.4.5 Competitive Rivalry
   12.5 Influence of COVID-19 and Russia-Ukraine War
       12.5.1 Influence of COVID-19
       12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

   13.1 Raw Material of Nitric Acid and Key Manufacturers
   13.2 Manufacturing Costs Percentage of Nitric Acid
   13.3 Nitric Acid Production Process
   13.4 Nitric Acid Industrial Chain

14 Shipments by Distribution Channel

   14.1 Sales Channel
       14.1.1 Direct to End-User
       14.1.2 Distributors
   14.2 Nitric Acid Typical Distributors
   14.3 Nitric Acid Typical Customers

15 Research Findings and Conclusion

16 Appendix

   16.1 Methodology
   16.2 Research Process and Data Source
   16.3 Disclaimer

List of Tables

   Table 1. Global Nitric Acid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
   Table 2. Global Nitric Acid Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
   Table 3. CF Industries Holdings Basic Information, Manufacturing Base and Competitors
   Table 4. CF Industries Holdings Major Business
   Table 5. CF Industries Holdings Nitric Acid Product and Services
   Table 6. CF Industries Holdings Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 7. CF Industries Holdings Recent Developments/Updates
   Table 8. Yara Basic Information, Manufacturing Base and Competitors
   Table 9. Yara Major Business
   Table 10. Yara Nitric Acid Product and Services
   Table 11. Yara Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 12. Yara Recent Developments/Updates
   Table 13. EuroChem Basic Information, Manufacturing Base and Competitors
   Table 14. EuroChem Major Business
   Table 15. EuroChem Nitric Acid Product and Services
   Table 16. EuroChem Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 17. EuroChem Recent Developments/Updates
   Table 18. URALCHEM Basic Information, Manufacturing Base and Competitors
   Table 19. URALCHEM Major Business
   Table 20. URALCHEM Nitric Acid Product and Services
   Table 21. URALCHEM Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 22. URALCHEM Recent Developments/Updates
   Table 23. Orica Basic Information, Manufacturing Base and Competitors
   Table 24. Orica Major Business
   Table 25. Orica Nitric Acid Product and Services
   Table 26. Orica Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 27. Orica Recent Developments/Updates
   Table 28. Nutrien Basic Information, Manufacturing Base and Competitors
   Table 29. Nutrien Major Business
   Table 30. Nutrien Nitric Acid Product and Services
   Table 31. Nutrien Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 32. Nutrien Recent Developments/Updates
   Table 33. Acron Basic Information, Manufacturing Base and Competitors
   Table 34. Acron Major Business
   Table 35. Acron Nitric Acid Product and Services
   Table 36. Acron Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 37. Acron Recent Developments/Updates
   Table 38. SBU Azot Basic Information, Manufacturing Base and Competitors
   Table 39. SBU Azot Major Business
   Table 40. SBU Azot Nitric Acid Product and Services
   Table 41. SBU Azot Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 42. SBU Azot Recent Developments/Updates
   Table 43. OCI Basic Information, Manufacturing Base and Competitors
   Table 44. OCI Major Business
   Table 45. OCI Nitric Acid Product and Services
   Table 46. OCI Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 47. OCI Recent Developments/Updates
   Table 48. LSB Industries Basic Information, Manufacturing Base and Competitors
   Table 49. LSB Industries Major Business
   Table 50. LSB Industries Nitric Acid Product and Services
   Table 51. LSB Industries Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 52. LSB Industries Recent Developments/Updates
   Table 53. Dyno Nobel Basic Information, Manufacturing Base and Competitors
   Table 54. Dyno Nobel Major Business
   Table 55. Dyno Nobel Nitric Acid Product and Services
   Table 56. Dyno Nobel Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 57. Dyno Nobel Recent Developments/Updates
   Table 58. CVR Partners Basic Information, Manufacturing Base and Competitors
   Table 59. CVR Partners Major Business
   Table 60. CVR Partners Nitric Acid Product and Services
   Table 61. CVR Partners Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 62. CVR Partners Recent Developments/Updates
   Table 63. Nutrien Basic Information, Manufacturing Base and Competitors
   Table 64. Nutrien Major Business
   Table 65. Nutrien Nitric Acid Product and Services
   Table 66. Nutrien Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 67. Nutrien Recent Developments/Updates
   Table 68. Koch Basic Information, Manufacturing Base and Competitors
   Table 69. Koch Major Business
   Table 70. Koch Nitric Acid Product and Services
   Table 71. Koch Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 72. Koch Recent Developments/Updates
   Table 73. Shanxi Tianji Basic Information, Manufacturing Base and Competitors
   Table 74. Shanxi Tianji Major Business
   Table 75. Shanxi Tianji Nitric Acid Product and Services
   Table 76. Shanxi Tianji Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 77. Shanxi Tianji Recent Developments/Updates
   Table 78. Shanxi Xinghua Basic Information, Manufacturing Base and Competitors
   Table 79. Shanxi Xinghua Major Business
   Table 80. Shanxi Xinghua Nitric Acid Product and Services
   Table 81. Shanxi Xinghua Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 82. Shanxi Xinghua Recent Developments/Updates
   Table 83. Yunnan Jiehua Basic Information, Manufacturing Base and Competitors
   Table 84. Yunnan Jiehua Major Business
   Table 85. Yunnan Jiehua Nitric Acid Product and Services
   Table 86. Yunnan Jiehua Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 87. Yunnan Jiehua Recent Developments/Updates
   Table 88. Sinopec (Nanjing) Basic Information, Manufacturing Base and Competitors
   Table 89. Sinopec (Nanjing) Major Business
   Table 90. Sinopec (Nanjing) Nitric Acid Product and Services
   Table 91. Sinopec (Nanjing) Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 92. Sinopec (Nanjing) Recent Developments/Updates
   Table 93. Sichuan Gold Elephant Basic Information, Manufacturing Base and Competitors
   Table 94. Sichuan Gold Elephant Major Business
   Table 95. Sichuan Gold Elephant Nitric Acid Product and Services
   Table 96. Sichuan Gold Elephant Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 97. Sichuan Gold Elephant Recent Developments/Updates
   Table 98. Anhui JinHe Industrial Basic Information, Manufacturing Base and Competitors
   Table 99. Anhui JinHe Industrial Major Business
   Table 100. Anhui JinHe Industrial Nitric Acid Product and Services
   Table 101. Anhui JinHe Industrial Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 102. Anhui JinHe Industrial Recent Developments/Updates
   Table 103. Holitech Basic Information, Manufacturing Base and Competitors
   Table 104. Holitech Major Business
   Table 105. Holitech Nitric Acid Product and Services
   Table 106. Holitech Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 107. Holitech Recent Developments/Updates
   Table 108. Henan Jinkai Basic Information, Manufacturing Base and Competitors
   Table 109. Henan Jinkai Major Business
   Table 110. Henan Jinkai Nitric Acid Product and Services
   Table 111. Henan Jinkai Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 112. Henan Jinkai Recent Developments/Updates
   Table 113. Shandong Dier-chem Basic Information, Manufacturing Base and Competitors
   Table 114. Shandong Dier-chem Major Business
   Table 115. Shandong Dier-chem Nitric Acid Product and Services
   Table 116. Shandong Dier-chem Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 117. Shandong Dier-chem Recent Developments/Updates
   Table 118. Liuzhou Chemical Basic Information, Manufacturing Base and Competitors
   Table 119. Liuzhou Chemical Major Business
   Table 120. Liuzhou Chemical Nitric Acid Product and Services
   Table 121. Liuzhou Chemical Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 122. Liuzhou Chemical Recent Developments/Updates
   Table 123. Jiangsu Huachang Chemical Basic Information, Manufacturing Base and Competitors
   Table 124. Jiangsu Huachang Chemical Major Business
   Table 125. Jiangsu Huachang Chemical Nitric Acid Product and Services
   Table 126. Jiangsu Huachang Chemical Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 127. Jiangsu Huachang Chemical Recent Developments/Updates
   Table 128. Hongda Chemical Basic Information, Manufacturing Base and Competitors
   Table 129. Hongda Chemical Major Business
   Table 130. Hongda Chemical Nitric Acid Product and Services
   Table 131. Hongda Chemical Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 132. Hongda Chemical Recent Developments/Updates
   Table 133. Luguang Chemical Basic Information, Manufacturing Base and Competitors
   Table 134. Luguang Chemical Major Business
   Table 135. Luguang Chemical Nitric Acid Product and Services
   Table 136. Luguang Chemical Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 137. Luguang Chemical Recent Developments/Updates
   Table 138. Hualong Ammonium Nitrate Basic Information, Manufacturing Base and Competitors
   Table 139. Hualong Ammonium Nitrate Major Business
   Table 140. Hualong Ammonium Nitrate Nitric Acid Product and Services
   Table 141. Hualong Ammonium Nitrate Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 142. Hualong Ammonium Nitrate Recent Developments/Updates
   Table 143. Sichuan Chemical Basic Information, Manufacturing Base and Competitors
   Table 144. Sichuan ChemicalMajor Business
   Table 145. Sichuan Chemical Nitric Acid Product and Services
   Table 146. Sichuan Chemical Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 147. Sichuan Chemical Recent Developments/Updates
   Table 148. Fujian Shaohua Basic Information, Manufacturing Base and Competitors
   Table 149. Fujian Shaohua Major Business
   Table 150. Fujian Shaohua Nitric Acid Product and Services
   Table 151. Fujian Shaohua Nitric Acid Sales Quantity (K MT), Average Price (USD/MT), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
   Table 152. Fujian Shaohua Recent Developments/Updates
   Table 153. Global Nitric Acid Sales Quantity by Manufacturer (2018-2023) & (K MT)
   Table 154. Global Nitric Acid Revenue by Manufacturer (2018-2023) & (USD Million)
   Table 155. Global Nitric Acid Average Price by Manufacturer (2018-2023) & (USD/MT)
   Table 156. Market Position of Manufacturers in Nitric Acid, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
   Table 157. Head Office and Nitric Acid Production Site of Key Manufacturer
   Table 158. Nitric Acid Market: Company Product Type Footprint
   Table 159. Nitric Acid Market: Company Product Application Footprint
   Table 160. Nitric Acid New Market Entrants and Barriers to Market Entry
   Table 161. Nitric Acid Mergers, Acquisition, Agreements, and Collaborations
   Table 162. Global Nitric Acid Sales Quantity by Region (2018-2023) & (K MT)
   Table 163. Global Nitric Acid Sales Quantity by Region (2024-2029) & (K MT)
   Table 164. Global Nitric Acid Consumption Value by Region (2018-2023) & (USD Million)
   Table 165. Global Nitric Acid Consumption Value by Region (2024-2029) & (USD Million)
   Table 166. Global Nitric Acid Average Price by Region (2018-2023) & (USD/MT)
   Table 167. Global Nitric Acid Average Price by Region (2024-2029) & (USD/MT)
   Table 168. Global Nitric Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 169. Global Nitric Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 170. Global Nitric Acid Consumption Value by Type (2018-2023) & (USD Million)
   Table 171. Global Nitric Acid Consumption Value by Type (2024-2029) & (USD Million)
   Table 172. Global Nitric Acid Average Price by Type (2018-2023) & (USD/MT)
   Table 173. Global Nitric Acid Average Price by Type (2024-2029) & (USD/MT)
   Table 174. Global Nitric Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 175. Global Nitric Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 176. Global Nitric Acid Consumption Value by Application (2018-2023) & (USD Million)
   Table 177. Global Nitric Acid Consumption Value by Application (2024-2029) & (USD Million)
   Table 178. Global Nitric Acid Average Price by Application (2018-2023) & (USD/MT)
   Table 179. Global Nitric Acid Average Price by Application (2024-2029) & (USD/MT)
   Table 180. North America Nitric Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 181. North America Nitric Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 182. North America Nitric Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 183. North America Nitric Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 184. North America Nitric Acid Sales Quantity by Country (2018-2023) & (K MT)
   Table 185. North America Nitric Acid Sales Quantity by Country (2024-2029) & (K MT)
   Table 186. North America Nitric Acid Consumption Value by Country (2018-2023) & (USD Million)
   Table 187. North America Nitric Acid Consumption Value by Country (2024-2029) & (USD Million)
   Table 188. Europe Nitric Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 189. Europe Nitric Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 190. Europe Nitric Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 191. Europe Nitric Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 192. Europe Nitric Acid Sales Quantity by Country (2018-2023) & (K MT)
   Table 193. Europe Nitric Acid Sales Quantity by Country (2024-2029) & (K MT)
   Table 194. Europe Nitric Acid Consumption Value by Country (2018-2023) & (USD Million)
   Table 195. Europe Nitric Acid Consumption Value by Country (2024-2029) & (USD Million)
   Table 196. Asia-Pacific Nitric Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 197. Asia-Pacific Nitric Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 198. Asia-Pacific Nitric Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 199. Asia-Pacific Nitric Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 200. Asia-Pacific Nitric Acid Sales Quantity by Region (2018-2023) & (K MT)
   Table 201. Asia-Pacific Nitric Acid Sales Quantity by Region (2024-2029) & (K MT)
   Table 202. Asia-Pacific Nitric Acid Consumption Value by Region (2018-2023) & (USD Million)
   Table 203. Asia-Pacific Nitric Acid Consumption Value by Region (2024-2029) & (USD Million)
   Table 204. South America Nitric Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 205. South America Nitric Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 206. South America Nitric Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 207. South America Nitric Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 208. South America Nitric Acid Sales Quantity by Country (2018-2023) & (K MT)
   Table 209. South America Nitric Acid Sales Quantity by Country (2024-2029) & (K MT)
   Table 210. South America Nitric Acid Consumption Value by Country (2018-2023) & (USD Million)
   Table 211. South America Nitric Acid Consumption Value by Country (2024-2029) & (USD Million)
   Table 212. Middle East & Africa Nitric Acid Sales Quantity by Type (2018-2023) & (K MT)
   Table 213. Middle East & Africa Nitric Acid Sales Quantity by Type (2024-2029) & (K MT)
   Table 214. Middle East & Africa Nitric Acid Sales Quantity by Application (2018-2023) & (K MT)
   Table 215. Middle East & Africa Nitric Acid Sales Quantity by Application (2024-2029) & (K MT)
   Table 216. Middle East & Africa Nitric Acid Sales Quantity by Region (2018-2023) & (K MT)
   Table 217. Middle East & Africa Nitric Acid Sales Quantity by Region (2024-2029) & (K MT)
   Table 218. Middle East & Africa Nitric Acid Consumption Value by Region (2018-2023) & (USD Million)
   Table 219. Middle East & Africa Nitric Acid Consumption Value by Region (2024-2029) & (USD Million)
   Table 220. Nitric Acid Raw Material
   Table 221. Key Manufacturers of Nitric Acid Raw Materials
   Table 222. Nitric Acid Typical Distributors
   Table 223. Nitric Acid Typical Customers

List of Figures

   Figure 1. Nitric Acid Picture
   Figure 2. Global Nitric Acid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
   Figure 3. Global Nitric Acid Consumption Value Market Share by Type in 2022
   Figure 4. Dilute Nitric Acid Examples
   Figure 5. Concentrated Nitric Acid Examples
   Figure 6. Global Nitric Acid Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
   Figure 7. Global Nitric Acid Consumption Value Market Share by Application in 2022
   Figure 8. Fertilizer Examples
   Figure 9. Explosives Examples
   Figure 10. Polyurethanes Examples
   Figure 11. Polyamides Examples
   Figure 12. Others Examples
   Figure 13. Global Nitric Acid Consumption Value, (USD Million): 2018 & 2022 & 2029
   Figure 14. Global Nitric Acid Consumption Value and Forecast (2018-2029) & (USD Million)
   Figure 15. Global Nitric Acid Sales Quantity (2018-2029) & (K MT)
   Figure 16. Global Nitric Acid Average Price (2018-2029) & (USD/MT)
   Figure 17. Global Nitric Acid Sales Quantity Market Share by Manufacturer in 2022
   Figure 18. Global Nitric Acid Consumption Value Market Share by Manufacturer in 2022
   Figure 19. Producer Shipments of Nitric Acid by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
   Figure 20. Top 3 Nitric Acid Manufacturer (Consumption Value) Market Share in 2022
   Figure 21. Top 6 Nitric Acid Manufacturer (Consumption Value) Market Share in 2022
   Figure 22. Global Nitric Acid Sales Quantity Market Share by Region (2018-2029)
   Figure 23. Global Nitric Acid Consumption Value Market Share by Region (2018-2029)
   Figure 24. North America Nitric Acid Consumption Value (2018-2029) & (USD Million)
   Figure 25. Europe Nitric Acid Consumption Value (2018-2029) & (USD Million)
   Figure 26. Asia-Pacific Nitric Acid Consumption Value (2018-2029) & (USD Million)
   Figure 27. South America Nitric Acid Consumption Value (2018-2029) & (USD Million)
   Figure 28. Middle East & Africa Nitric Acid Consumption Value (2018-2029) & (USD Million)
   Figure 29. Global Nitric Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 30. Global Nitric Acid Consumption Value Market Share by Type (2018-2029)
   Figure 31. Global Nitric Acid Average Price by Type (2018-2029) & (USD/MT)
   Figure 32. Global Nitric Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 33. Global Nitric Acid Consumption Value Market Share by Application (2018-2029)
   Figure 34. Global Nitric Acid Average Price by Application (2018-2029) & (USD/MT)
   Figure 35. North America Nitric Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 36. North America Nitric Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 37. North America Nitric Acid Sales Quantity Market Share by Country (2018-2029)
   Figure 38. North America Nitric Acid Consumption Value Market Share by Country (2018-2029)
   Figure 39. United States Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 40. Canada Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 41. Mexico Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 42. Europe Nitric Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 43. Europe Nitric Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 44. Europe Nitric Acid Sales Quantity Market Share by Country (2018-2029)
   Figure 45. Europe Nitric Acid Consumption Value Market Share by Country (2018-2029)
   Figure 46. Germany Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 47. France Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 48. United Kingdom Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 49. Russia Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 50. Italy Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 51. Asia-Pacific Nitric Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 52. Asia-Pacific Nitric Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 53. Asia-Pacific Nitric Acid Sales Quantity Market Share by Region (2018-2029)
   Figure 54. Asia-Pacific Nitric Acid Consumption Value Market Share by Region (2018-2029)
   Figure 55. China Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 56. Japan Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 57. Korea Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 58. India Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 59. Southeast Asia Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 60. Australia Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 61. South America Nitric Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 62. South America Nitric Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 63. South America Nitric Acid Sales Quantity Market Share by Country (2018-2029)
   Figure 64. South America Nitric Acid Consumption Value Market Share by Country (2018-2029)
   Figure 65. Brazil Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 66. Argentina Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 67. Middle East & Africa Nitric Acid Sales Quantity Market Share by Type (2018-2029)
   Figure 68. Middle East & Africa Nitric Acid Sales Quantity Market Share by Application (2018-2029)
   Figure 69. Middle East & Africa Nitric Acid Sales Quantity Market Share by Region (2018-2029)
   Figure 70. Middle East & Africa Nitric Acid Consumption Value Market Share by Region (2018-2029)
   Figure 71. Turkey Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 72. Egypt Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 73. Saudi Arabia Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 74. South Africa Nitric Acid Consumption Value and Growth Rate (2018-2029) & (USD Million)
   Figure 75. Nitric Acid Market Drivers
   Figure 76. Nitric Acid Market Restraints
   Figure 77. Nitric Acid Market Trends
   Figure 78. Porters Five Forces Analysis
   Figure 79. Manufacturing Cost Structure Analysis of Nitric Acid in 2022
   Figure 80. Manufacturing Process Analysis of Nitric Acid
   Figure 81. Nitric Acid Industrial Chain
   Figure 82. Sales Quantity Channel: Direct to End-User vs Distributors
   Figure 83. Direct Channel Pros & Cons
   Figure 84. Indirect Channel Pros & Cons
   Figure 85. Methodology
   Figure 86. Research Process and Data Source