Copper Nitrate Market 2016 Share, Trend, Segmentation and Forecast Copper Nitrate Market - Global Industry Analysis, | Page 2

Copper nitrate is primarily employed as reagent in the synthesis of copper oxide,
which is further used in the ceramic industry as blue, green, or red, or sometimes
pink, black, or gray pigments in glasses, enamels, and glazes. Copper oxide is also
used as raw material in the production of other copper salts; some of these copper
salts can be used as wood preservatives. Copper oxide is also used during welding
with copper alloys.
The usage of copper nitrate as reagent in the nitration process of aromatic
compounds entails the introduction of nitro group from copper nitrate into final
organic compound. The nitration process is employed in major industrial
applications. For instance, it is used in the production of nitrobenzene, a
nitroaromatic compound. Nitroaromatic compounds are used as chemical
intermediates and precursors.
Copper Nitrate Market Segmentation
Based on product available in the copper nitrate industry, the copper nitrate market
can be segmented into anhydrous and hydrated copper nitrate.
In terms of purity level, the copper nitrate can be divided into 2N, 3N, 4N, and 5N.
Based on composition, the copper nitrate market can be segmented into
monohydrate, sesquihydrate, hemipentahydrate, trihydrate, and hexahydrate.
In terms of application, the market can be divided into organic synthesis processes,
laboratory experiments, textile dyes, polishing agent, and others.
Copper Nitrate Market: Region-wise Outlook
Currently, Asia Pacific, North America, and Europe are the key regional markets for
copper nitrate. This trend is estimated to continue in the near future. In terms of
production and consumption, Asia Pacific dominated the global copper nitrate
market due to the vast application of its successor, i.e. copper oxide, in the region.
Presence of high number of manufacturers in China and India is also driving the
copper nitrate market in Asia Pacific. The region is followed by Europe and North
America, respectively.
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Copper Nitrate Market: Key Players
Key players operating in the copper nitrate market include American Elements,
International Biological Laboratories, Chemical Point UG, Alpha Chemika, COMBINED
CHEMICALS, Sigma-Aldrich Co. LLC., Beijing Science and Technology Co. Ltd., MINS
GROUP CO. LIMITED, and ALS Environmental.