According to a market report by Lucintel, the future of the calcium nitrate market looks promising with opportunities in various applications, such as fertilizers, wastewater treatment chemicals, concrete manufacturing, and explosives. The global calcium nitrate market is expected to grow with a CAGR of 5% to 7% from 2023 to 2028. The major drivers for this market are increase in demand from agro-chemicals, rapid growth of the water and waste water treatment chemicals sector, and increase in geriatric population.
In this market, liquid, melt, and crystals are the major segments by product type. Lucintel forecasts that liquid will remain the largest segment over the forecast period due to the increasing need of waste water treatment facilities, rise in trends for implementing eco-friendly fertilizer methods, and the escalating demand for food across the world.
Within this market, fertilizers are expected to remain the largest application segment because calcium nitrate is widely used in agriculture as a fertilizer ingredient, and wider applications in horticulture as it improves fruit quality and is less sensitive to bitter pit and blossom end rot and shelf-life.
APAC will remain the largest region due to the rising demand for fertilizers in agriculture and growing application in waste water treatment facilities in developing countries, like China, Japan and India.
Yara International ASA, URALCHEM JSC, Sasol, Agrium, Jiaocheng Sanxi Chemical Co., GFS Chemicals, Sterling Chemicals, and Haifa Chemicals are the major suppliers in the global calcium nitrate market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global calcium nitrate market by application, product type, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Calcium Nitrate Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global calcium nitrate market by application, product type, and region, as follows:
Calcium Nitrate Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
· Fertilizers
· Wastewater Treatment Chemicals
· Concrete Manufacturing
· Explosives
Calcium Nitrate Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
· Liquid
· Melt
· Crystals
Calcium Nitrate Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Calcium Nitrate Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the calcium nitrate market by application (fertilizers, wastewater treatment chemicals, concrete manufacturing, and explosives), product type (liquid, melt, and crystals), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?