QYR Market Research Global Aluminum Nitrate Nonahydrate market | Page 4

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China was also the largest consumption regional market for Aluminum
Nitrate Nonahydrate, with revenue exceeding 7786 K USD in 2017.
North America and Europe are expected to witness demand growth at
an estimated CAGR of 1.51% and 1.32% from 2013 to 2017, respectively.
In application, Aluminum Nitrate Nonahydrate downstream is wide and
recently Aluminum Nitrate Nonahydrate has acquired increasing
significance in various fields of Organic Synthesis and others. Globally,
the Aluminum Nitrate Nonahydrate market is mainly driven by growing
demand for Organic Synthesis which accounts for nearly 58.67% of
total downstream consumption of Aluminum Nitrate Nonahydrate.
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