Rockville, Dec. 06, 2022 (GLOBE NEWSWIRE) -- In 2022, the global calcium nitrate market holds a US$ 12.8 billion value and is estimated to expand at a CAGR of 4.9% over the next ten years through 2032.
Growing world population and rising agricultural activity have resulted in high demand for fertilizers and this is expected to prominently influence calcium nitrate market development over the coming years. Rising demand for wastewater treatment and increasing construction activity across the world are also expected to favor market growth potential in the future. The United States, Germany, China, India, Canada, Japan, and Brazil are expected to be prominent countries that could prove to be bankable markets for calcium nitrate suppliers over the coming years.
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Key Takeaways from Market Study
- The global calcium nitrate market in 2022 stands at US$ 12.8 billion.
- Over the next ten years, demand for calcium nitrate is set to increase at 4.9% CAGR.
- By 2032-end, the market for calcium nitrate is estimated to be valued at US$ 20.7 billion.
- Increasing demand for fertilizers, rising use of wastewater treatment chemicals, increasing demand for concrete admixtures, and rising use of calcium nitrate in chemical industries are key factors that drive market growth.
- Demand for calcium nitrate in Canada is anticipated to rise at 4.1% CAGR.
- Availability of alternatives is expected to have a restraining effect on overall market development.
- In 2022, the United States market is valued at US$ 2.5 billion.
- The China calcium nitrate market is set to expand at 5.8% CAGR.
- From 2022 to 2032, demand for fertilizers is slated to increase at a 5.4% CAGR.
Key Companies Profiled
- Yara International ASA
- GFS Chemicals
- San Corporation
- Uralchem
- Sasol Ltd.
- Wenton Potassium Salt Group Co. Ltd.
- Agrium Inc.
- Sterling Chemicals
- Jiaocheng Sanxi Chemical Co. Ltd.
- Haifa Group
- ADOB
- Nutrien Ltd.
- SQM S.A.
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Regional Market Overview
The market for calcium nitrate in the Asia Pacific region is anticipated to be a highly lucrative one and is expected to maintain a dominant stance across the forecast period. The growth in this region can be attributed to the presence of a robust agricultural sector in countries such as India and China. Moreover, increasing investments in infrastructure development and supportive government initiatives to boost industrialization and urbanization are also expected to promote calcium nitrate market development in the future.
A more detailed and in-depth analysis of trends affecting major and minor regions has been discussed in this brand-new calcium nitrate market survey by Fact.MR, a market research and competitive intelligence provider.
Key Segments Covered in Calcium Nitrate Industry Research
- By Product Type:
- Liquid
- Melt
- Crystals
- By Application:
- Fertilizers
- Waste Water Treatment
- Concrete
- Explosives
- Refrigerants
- Other Applications
- By Process:
- Limestone with Nitric Acid
- Phosphate Rock with Nitric Acid
- Ammonium Nitrate with Calcium Hydroxide
- By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
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Table of Content
1. Global Calcium Nitrate Market - Executive Summary
1.1. Global Market Overview
1.2. Demand Side Trends
1.3. Supply Side Trends
2. Global Calcium Nitrate Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Introduction and Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.2. Key Trends Impacting the Market
3.3. Formulation and Application Development Trends
4. Market Background and foundation Data Points
4.1. Need of the Hour for Industries
4.2. Industry Wise Industry 4.0
4.3. Calcium Nitrate – Strategic Priorities
4.4. Life Cycle Stage
4.5. Importance of Technology
5. Global Calcium Nitrate Market Demand (US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032
5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021
5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
6. Global Calcium Nitrate Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Value (US$ Mn) Analysis By Application, 2017-2021
6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2022-2032
7. Global Calcium Nitrate Market Analysis 2017-2021 and Forecast 2022-2032, by Product Type
8. Global Calcium Nitrate Market Analysis 2017-2021 and Forecast 2022-2032, by Process
9. Global Calcium Nitrate Market Analysis 2017-2021 and Forecast 2022-2032, by Region
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global calcium nitrate market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of product type (liquid, melt, crystals), application (fertilizers, wastewater treatment, concrete, explosives, refrigerants, other applications), and process (limestone with nitric acid, phosphate rock with nitric acid, ammonium nitrate with calcium hydroxide), across five major regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).
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