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Calcium Nitrate Market to Cross the Billion-Dollar Benchmark via Explosives Application Segment

Author : Ronak Bora | Published Date : 2019-08-07 

Explosives application segment held a prominent share in global calcium nitrate market in 2017 and is likely to grow with a healthy CAGR in next few years. Most of the homemade explosives are made by using calcium nitrate. Fertilizers created a major chunk of product demand in 2017 and shall expand with highest growth rate over the forecast timespan. This can be attributed to the increasing product usage as a substitute to the urea and ammonia in fertilizers.

Increasing popularity of calcium nitrate-based fertilizers shall propel the global product demand over the forecast period. On account of increasing health awareness and government initiatives, farmers across the globe are shifting towards product-based fertilizers, instead of urea and ammonia-based plant growth stimulators. Fertilizers were the largest application segment in calcium nitrate market in 2017 and shall grow with highest CAGR over the forecast timespan. This can be attributed to the high product usage in the producing fertilizers. The high solubility of the product makes it popular source of nitrate and calcium for the plants.

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Calcium nitrate is extensively used in wastewater treatment facilities to minimize foul odors by up to 90 percent, by stopping the wastewater from becoming septic. The constant increase in clean water demand amid possible threats of biological contaminates has also been lending positive momentum to calcium nitrate market growth. Of late, the product apparently has also gained recognition in the solar power sector – it is used as molten salt in solar towers. As the energy sector expands further with renewable alternatives and solar power projects are anticipated to grow in number, the revenue graph of calcium nitrate market is anticipated to depict exponential growth.

Latin America will be the fastest growing region in calcium nitrate market during the forecast period, as agriculture sector in the region is registering a rapid growth in product demand since past few years. North America was the second largest calcium nitrate market share holder in 2017 and forecast to grow with a prominent CAGR. This can be attributed to the large agriculture and wastewater treatment industries in this region. Due to massive wastewater treatment industry in this region along with prevalence of prominent industries, the region will exhibit decent growth in the coming years.

Calcium nitrate market is highly diversified as many multinational players and local vendors are functional in the industry. Some prominent players operating in the industry includes Yara International, Swiss Formulations India, GFS Chemicals Inc., Haifa Chemicals Ltd., Agrium Inc., Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd., Rural Liquid Fertilizers, Uralchem Holding PLC, Sterling Chemicals, Prathista Industries Limited, Vardhaman Fertilizers and Seeds Pvt Ltd. Major players are increasing their production capacity to meet the increasing product demand across the globe. For instance, In January 2015, Yara International started the expansion of its fertilizer complex in Porsgrunn, Norway. This expansion will cost Yara international USD 350 million. In this plant, ammonia, calcium nitrate enriched fertilizers will be produced. This plant expansion shall help the company to meet the increasing demand of calcium nitrate-based fertilizers in the region.

Browse key industry insights spread across 205 pages with 365 market data tables & 24 figures & charts from the report, “Calcium Nitrate Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/Calcium-nitrate-market

Glimpse of Table of Content (ToC)

Chapter 3. Calcium Nitrate Market Insights

3.1.  Calcium Nitrate Market segmentation

3.2.  Calcium Nitrate Market size and forecast, 2014 - 2025

3.3.  Calcium Nitrate Market ecosystem analysis

3.3.1.    Profit margin

3.3.2.    Value addition

3.3.3.    Distribution channel analysis

3.3.4.    Vendor matrix

3.3.4.1.    List of key raw material suppliers

3.3.4.2.    List of key manufacturers/distributors

3.3.4.3.    List of key/potential customers

3.4.  Innovation & sustainability

3.4.1.    Patent analysis

3.4.2.    Comparison of grades

3.4.3.    Future trends

3.5.  Industry impact forces

3.5.1.    Growth drivers

3.5.2.    Industry pitfalls & challenges

3.6.  Regulatory landscape

3.6.1.    U.S.

3.6.2.    Europe

3.6.3.    China

3.7.  Growth potential analysis

3.8.  Competitive landscape, 2017

3.8.1.    Company market share analysis, 2017

3.8.2.    Brand analysis

3.8.3.    Key stakeholders

3.8.4.    Strategic dashboard

3.9.  Regional price trends

3.9.1.    Cost structure analysis

3.9.1.1.    R&D cost

3.9.1.2.    Manufacturing & equipment cost

3.9.1.3.    Raw material cost

3.9.1.4.    Distribution cost

3.9.1.5.    Operating cost

3.9.1.6.    Miscellaneous cost

3.9.2.    Price by grade

3.9.3.    Price by application

3.10.    Porter’s analysis

3.10.1.   Supplier power

3.10.2.   Buyer power

3.10.3.   Threat of new entrants

3.10.4.   Threat of substitutes

3.10.5.   Industry rivalry

3.11.    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/Calcium-nitrate-market

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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