The calcium nitrate global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Calcium Nitrate Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The calcium nitrate market size has grown strongly in recent years. It will
grow from $7.35 billion in 2023 to $7.84 billion in 2024 at a compound annual
growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed
to demand for high-quality produce, agricultural industry growth, shift towards
water-soluble fertilizers, industrial applications, advancements in agriculture
practices..
The calcium nitrate market size is expected to see strong growth in the next
few years. It will grow to $9.8 billion in 2028 at a compound annual growth
rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to
environmental concerns and sustainable agriculture, shift in consumer
preferences, rise in horticulture and floriculture demand, focus on sustainable
agriculture, growing awareness of soil health.. Major trends in the forecast
period include precision agriculture adoption, organic agriculture practices,
hydroponics and soilless cultivation, focus on crop quality enhancement,
adoption of controlled-release fertilizers..
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Scope Of Calcium Nitrate Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Calcium Nitrate Market Overview
Market Drivers -
The rising demand for fertilizers is expected to propel the growth of the
calcium nitrate market going forward. Fertilizers are substances or mixtures
that are applied to soil, plants, or crops to provide essential nutrients
necessary for plant growth and development. Calcium nitrate is a versatile
fertilizer that can supply nitrogen and calcium to growing crops and improve
fruit and vegetable quality. For instance, in July 2022, according to a report
published by the Central Statistics Office, an Ireland-based government agency,
the sales of all fertilizers increased by 6%, reaching a total of 1.7 million
tones in 2021 compared to 2020. Furthermore, the nitrogen (N) content in
fertilizers sold in 2021 increased by 5%, amounting to 399,164 tones, compared
to 2020. Therefore, the rising demand for fertilizers will drive the growth of
the calcium nitrate market.
Market Trends -
Major companies operating in the calcium nitrate market are developing
innovative products such as multi-nutrient compatible to serve farmers better
and generate revenue. Compatible are advanced multi-nutrient formulations
designed to help nutrients bypass soil tie-ups and promote rapid uptake and
translocation within the plant while enabling copper, calcium, and other nutrients
to be more efficiently absorbed. For instance, in April 2021, FBSciences Inc.,
a US-based agriculture service company, launched three new products to complete
its 6-product calcium nitrate (CN) compatible lineup. CopCAN Soil CN Compatible
and PhotoCAN Soil CN Compatible are liquid nutrients formulated to be applied
to soil. In contrast, FlexCAN Soil CN Compatible is a soil-applied liquid
nutrient formulated to be compatible with calcium nitrate and calcium ammonium
nitrate. The products are designed to help nutrients bypass soil tie-ups and
promote rapid uptake and translocation within the plant, enabling copper,
calcium, and other nutrients to be more efficiently absorbed. Adding these
products to the lineup will give farmers more options to improve crop yields
and soil health.
The calcium nitrate market covered in this report is segmented –
1) By Type: Liquid, Melt, Crystals
2) By Process: Limestone, Phosphate Rock, Ammonium Nitrate
3) By Application: Fertilizer, Waste Water Treatment, Concrete, Explosives,
Refrigerant, Other Applications
4) By End-User: Aerospace Components, Automotive Parts, Logging Equipment,
Boring And Cutting Equipment, Electrical And Electronics Appliances, Other End
Users
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Regional Insights -
North America was the largest region in the calcium nitrate market in 2021.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the calcium nitrate market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa
Key Companies -
Major companies operating in the calcium nitrate market report are SABIC
Limited, Sumitomo Chemicals Co. Ltd., Yara International ASA, Syngenta Crop
Protection AG, Sasol Limited, Borealis AG, EuroChem Group AG, Nutrien Ltd., CF
Industries Holdings Inc., Orica Limited, KRONOS Worldwide Inc., Anhui Jinhe Industrial
Co. Ltd., Achema AB, Fertiberia SA, Haifa Group, Prathista Industries Limited,
Ako Kasei Co. Ltd., TIB Chemicals AG, Airedale Chemical Co.Ltd., GFS Chemicals
Inc., Agrico Canada L.P, Jiaocheng Sanxi Chemical Co. Ltd., ProChem Inc., Noah
Technologies Corporation, Sterling Chemicals, ChemSol LLC, Barium and Chemicals
Inc., Blue Line Corporation
Table of Contents
1. Executive Summary
2. Calcium Nitrate Market Report Structure
3. Calcium Nitrate Market Trends And Strategies
4. Calcium Nitrate Market – Macro Economic Scenario
5. Calcium Nitrate Market Size And Growth
…..
27. Calcium Nitrate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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