About Calcium Nitrate
Calcium Nitrate is a colorless salt that absorbs moisture from the air and is formed during the absorption of nitrogen oxide by the milk of lime. It is widely used as fertilizers along with other applications such as wastewater treatment, medical purposes in cooling baths, to store energy in solar power plants and as a component in the manufacture. Calcium nitrate is 100% water-soluble fertilizer which contains 15.5% nitrogen and 18.5% calcium which is the secondary nutrients for plants and has a major role in improving color, luster and quality of fruits, etc.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 3.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Calcium Nitrate market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Yara International ASA (Norway), Haifa Chemicals Ltd. (Israel), GFS Chemicals, Inc. (United States), ProChem, Inc (United States), Mil-Spec Industries Corporation (United States), Airedale Chemical (United Kingdom), DPL-US (United States), OSTCHEM (Ukraine) and ADM Agriculture Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Jiaocheng Knlan Chemical Co. Ltd. (China), XiaXian Yunli Chemical Co. Ltd (China) and Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Calcium Nitrate market by Type (Agricultural Grade, Industrial Grade and Other), Application (Fertilizer, Refrigerant, Rubber Latex, Waste Water Treatment and Other) and Region.
On the basis of geography, the market of Calcium Nitrate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Calcium Nitrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Agriculture Sector will boost the Calcium Nitrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In April 2021, Acron Group announced the launch of a 100,000-tpa granulated calcium nitrate unit in Veliky Novgorod. According to the company, the project will be implemented in two stages, In which the first is a purification and preparation unit to treat liquid calcium nitrate and the second is the construction of a granulation unit that will include multilayer in-drum granulation technology with a built-in fluidised bed. This move will help Acron Group to expand its production capacity and product line to meet the demand for calcium nitrate.
"United Nations has issued the Globally Harmonized System of Classification and Labelling of Chemicals (GHS). The GHS is harmonized with the UN Recommendation on the Transport of Dangerous Goods – Model Regulation, regarding test methods and identifying hazards. Calcium Nitrate (CN) fertilizer contains approximately 15 % crystal water that minimizes the oxidizing properties of the material. fertilizers based on nitric acid ammonium calcium are classified in GHS/CLP as “Acute Tox, 4 H302., Eye Damage/Irritation, H318”. The product bags are labeled according to the appropriate chemical regulations. No severe accident has ever occurred with CN fertilizer."
Market Drivers
- Growing Need for Calcium Nitrate in Fertilizers Because it Consists of Nutrients which are Good for Plants
- Increasing Demand in Waste Water Treatment for Odor Emission Prevention
Opportunities
- Continuous Research and Development in the Chemical Industry
Restraints
- Health-related Issues Associated with Calcium Nitrate
- Stringent Regulatory Guidelines about Calcium Nitrate might Hinder the Market Growth
Key Target Audience
Calcium Nitrate Manufacturers, Calcium Nitrate International Traders, Calcium Nitrate Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.