Concentrated Nitric Acid Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Concentrated Nitric Acid Market Size Analysis and Top Companies

The global concentrated nitric acid market size is estimated to hit around USD 37.05 billion by 2033 increasing from USD 26.19 billion in 2023, with a CAGR of 3.53%. The top companies in the concentrated nitric acid market are GNFC Limited, Koch Fertilizer, LLC, DFPCL, Rashtriya Chemicals and Fertilizers Limited., The Chemours Company, INEOS Capitals, Limited., The Dow Chemical Company, Sasol Limited, LSB Industries, UBE INDUSTRIES, LTD., Linde, Hanwha Corporation, BASF SE, CF Industries Holdings, Inc., Yara, and Others.

Market Report Coverage

Concentrated Nitric Acid Market Key Players

• GNFC Limited
• Koch Fertilizer, LLC
• DFPCL
• Rashtriya Chemicals and Fertilizers Limited.
• The Chemours Company
• INEOS Capitals, Limited.
• The Dow Chemical Company
• Sasol Limited
• LSB Industries
• UBE INDUSTRIES, LTD.
• Linde
• Hanwha Corporation
• BASF SE
• CF Industries Holdings, Inc.
• Yara

Recent Developments

• In June 2022, Gujrat Narmada Valley Fertilizers and Chemicals (GNFC), a joint-sector company promoted by the Gujrat State Fertilizer and Chemicals (GSFC) and the Government of Gujrat, was all set to become the largest producer of CNA (concentrated nitric acid) by the end 2022 calendar year.
• In January 2023, a new facility for the production of CNA (concentrated nitric acid) with a design output of 40,000 tonnes per year, doubling its capacity, was launched by Grupa Azoty S.A. This is the 2nd production line for the above 98% CAN (concentrated nitric acid) now operating in Tarnow.

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