Latest Industry study on Contract Research Organizations , Industry Global Nitric Acid Market Analysis by Application

Global Nitric Acid Market Analysis by Application (Intermediate, Oxidizing Agent); by End User
(Agriculture, Chemicals, Others); by Geography (North America, Europe, Asia Pacific, Latin America,
and Middle East & Africa) to 2025
Nitric acid, also known by various other names such as Hydrogen nitrate, Aqua fortis, Azotic acid, and
Salpetersaeure, is an inorganic chemical having the molecular formula HNO3 and molecular weight
63.012 g/mol. It is either a colorless, yellow or red fuming liquid and has a suffocating odor. It has a
boiling point of 181-00b0F at 760 mm Hg or 83-00b0C and melting point of -44-00b0F or -41.6-00b0C. It
is soluble in water and has density of 1.5129 g/cu cm at 20-00b0C. The vapor pressure of Nitric acid is
63.1 mm Hg at 25-00b0C. It is unstable and decomposes when exposed to light, water, heat, oxygen,
and nitrogen dioxide. Nitric acid is most commonly prepared by oxidizing ammonia using the Ostwald
process. Meanwhile, smaller quantities of Nitric acid are produced by treating sodium nitrate with
sulfuric acid.
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The Nitric acid market has expanded at consistent rate during the last few years owing to its use in
manufacturing fertilizers. This use is also the major driver of the market. On the other hand, Nitric acid is
harmful to humans and the environment. Exposure to Nitric acid can cause eye damage, severe skin
burns, chronic bronchitis, and chemical pneumonitis. In fact, there are even concerns of groundwater
getting contaminated with nitrate from ammonium nitrate fertilizers. As a result, governments have
imposed strict regulations on the use of Nitric acid. These concerns regarding Nitric acid and regulations
on its use act as a restraint on the market.
The -201cGlobal Nitric Acid Market Analysis and Forecasts to 2025-201d can be segmented into
application, end user, and region. Based on application, the market can be categorized into intermediate
and oxidizing agent. The majority use of Nitric acid is in the form of an intermediate for producing
fertilizers. It is also used to manufacture variety of dyes, polyamides, and polyurethanes. Nitric acids
oxidizing properties are used to manufacture explosives such as Guncotton and Tri Nitro Toulene
(T.N.T.), apart from producing other chemicals such as adipic acid and nitrochlorobenzenes. Nitric acid
can be commonly found in laboratories for experimental and studying purposes.
Top 10 Players Genomics Market Overview:
Sasol Limited,
Borealis AG,
Omnia Group,
Qingdao Hisea Chem Co. Ltd.,
Kemcore,