Concentrated Nitric Acid Market Report: Trends, Forecast and Competitive Analysis to 2030
상품코드:1610144
리서치사:Lucintel
발행일:2024년 11월
페이지 정보:영문 150 Pages
라이선스 & 가격 (부가세 별도)
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한글목차
농질산의 동향과 예측
세계의 농질산 시장의 미래는 농약, 화약, 자동차, 일렉트로닉스 시장에서의 기회에 의해 유망시되고 있습니다. 세계의 농질산 시장은 2024-2030년 CAGR이 2.6%로, 2030년까지 추정 221억 달러에 달할 것으로 예상됩니다. 이 시장의 주요 촉진요인은 자동차 산업에서 폴리우레탄 폼, 합성 고무 및 엘라스토머의 사용 증가, 질산 암모늄에 대한 수요 증가, 화학 및 항공우주 분야에서 이러한 재료의 사용 증가입니다.
Lucintel의 예측에 따르면 용도별 분류에서 질산암모늄 분야는 비료와 화약에 광범위하게 사용되므로 예측 기간 중에도 가장 큰 분야를 유지할 것으로 예상됩니다.
최종 용도 분야에서는 중국, 인도, 브라질 등 신흥 국가의 질소 비료 수요 증가로 인해 농약 분야가 가장 큰 분야가 될 것으로 보입니다.
지역별로 보면 APAC는 한화그룹, Shandong Fengyuan Chemical Stock, Ube Industries와 같은 지역 제조업체들이 이 지역에 존재하므로 예측 기간 중 가장 높은 성장세를 보일 것으로 예상됩니다.
농질산 시장의 전략적 성장 기회
CNA 시장은 기술 발전, 시장 수요 및 산업 수요의 변화로 인해 다양한 분야에 성장 기회를 제공합니다.
농업 부문: 질소 기반 비료 생산에 대한 CNA 수요는 큰 성장 기회를 보여주고 있습니다. 전 세계 농업 활동이 증가함에 따라 비료 생산을 위한 고품질 질산에 대한 수요도 증가하고 있습니다.
화약 산업: CNA는 화약 생산의 주요 성분입니다. 산업 및 광업 활동이 확대됨에 따라 화약 제조에서 질산에 대한 수요가 증가하고 있으며, 이는 이 부문에 성장 잠재력을 가져다주고 있습니다.
화학 제조: CNA는 다양한 화학 공정과 화학제품에 필수적입니다. 산업 확대로 인한 화학 제조 부문의 성장은 CNA 사용량 증가의 새로운 기회를 창출하고 있습니다.
환경 기술: 공해 방지 시스템과 환경 기술 혁신은 CNA의 새로운 용도를 창출하고 있습니다. 환경 지속가능성의 추진은 이러한 기술에서 질산에 대한 수요를 촉진하고 있습니다.
에너지 부문: 에너지 부문은 청정 기술과 에너지 효율이 높은 공정에 대한 관심이 높아지면서 CNA에 대한 기회를 창출하고 있습니다. 에너지 생산 및 에너지 절약 분야에서 질산의 적용이 확대되고 있으며, 이는 고급 질산 솔루션에 대한 수요를 주도하고 있습니다.
이러한 성장 기회는 CNA의 용도를 확장하고 주요 부문 수요를 촉진함으로써 CNA 시장에 영향을 미치고 있습니다. 이러한 성장 기회는 새로운 성장 수단을 창출하고 시장의 미래 방향성을 형성하고 있습니다.
농질산 시장 성장 촉진요인 및 과제
CNA 시장은 기술 발전, 규제 변화, 시장 역학 등 다양한 촉진요인과 도전에 영향을 받고 있습니다. 이러한 요인을 이해하는 것은 업계의 복잡한 상황을 헤쳐나가는 데 있으며, 매우 중요합니다.
농질산 시장을 주도하는 요인은 다음과 같습니다. :
산업 수요 증가: 산업 수요 증가: 특히 농업 및 화학 분야의 산업 활동 확대가 CNA 수요를 주도하고 있습니다. 비료와 화학제품에 대한 수요가 시장을 촉진하고 있습니다.
기술 혁신 : 생산 기술의 발전으로 효율성이 향상되고 비용이 절감되고 있습니다. 에너지 효율적인 시스템과 같은 혁신은 성장을 가속하고 생산 공정을 개선하고 있습니다.
규제 대응: 환경 규제가 강화됨에 따라 청정 생산 기술에 대한 투자가 증가하고 있습니다. 기업은 규정 준수와 경쟁력 유지를 위해 이러한 규제에 대응하고 있습니다.
신흥 시장에서의 확장: 신흥 시장, 특히 아시아의 급속한 산업화는 새로운 성장 기회를 창출하고 있습니다. 생산 능력 증가와 투자가 이러한 확장을 지원하고 있습니다.
지속가능성 중시: 지속가능한 관행으로의 전환은 보다 환경 친화적인 생산 방법의 개발을 촉진하고 있습니다. 기업은 시장 수요와 규제 요건을 충족시키기 위해 친환경 기술과 재료를 채택하고 있습니다.
농질산 시장이 해결해야 할 과제는 다음과 같습니다. :
원자재 비용: 원자재 가격 변동은 생산 비용에 영향을 미칩니다. 이러한 변동성을 관리하는 것은 수익성을 유지하는 데 필수적입니다.
환경 규제: 엄격한 환경 규제를 준수하는 것은 운영 비용을 증가시킬 수 있습니다. 기업은 이러한 규제를 충족하기 위한 기술과 프로세스에 투자해야 합니다.
안전 문제: 질산의 위험한 특성은 안전에 큰 도전을 가져옵니다. 위험을 줄이고 규제 요건을 준수하기 위해서는 안전한 생산, 저장 및 운송을 보장하는 것이 필수적입니다.
시장 경쟁: CNA 시장에서의 치열한 경쟁은 가격 압박과 이익률 하락으로 이어질 수 있습니다. 기업은 기술 혁신, 운영 효율성, 지속가능한 관행을 통해 차별화를 꾀해야 합니다.
공급망 혼란: 원자재 부족, 물류 문제 등 공급망 혼란은 생산과 유통에 영향을 미칠 수 있습니다. 시장의 안정성을 보장하기 위해서는 탄력적인 공급망을 유지하는 것이 매우 중요합니다.
이러한 시장 성장 촉진요인과 과제는 CNA 시장을 형성하고 성장 기회, 비즈니스 전략 및 산업 전반의 역학에 영향을 미치고 있습니다. 이러한 요인을 해결하는 것은 진화하는 시장 환경에서 장기적으로 성공하기 위해 필수적입니다.
목차
제1장 개요
제2장 세계의 농질산 시장 : 시장 역학
서론, 배경, 분류
공급망
업계의 촉진요인과 과제
제3장 2018-2030년 시장 동향과 예측 분석
거시경제 동향(2018-2023년)과 예측(2024-2030년)
세계의 농질산 시장 동향(2018-2023년)과 예측(2024-2030년)
세계의 농질산 시장 : 유형별
강질산
발연 질산
세계의 농질산 시장 : 용도별
질산암모늄
아디핀산
니트로벤젠
톨루엔 디이소시아네이트
기타
세계의 농질산 시장 : 최종 용도 산업별
농약
폭발물
자동차
일렉트로닉스
기타
제4장 2018-2030년 지역별 시장 동향과 예측 분석
지역별 세계 농질산 시장
북미의 농질산 시장
유럽의 농질산 시장
아시아태평양의 농질산 시장
기타 지역의 농질산 시장
제5장 경쟁 분석
제품 포트폴리오 분석
운영 통합
Porter's Five Forces 분석
제6장 성장 기회와 전략 분석
성장 기회 분석
세계의 농질산 시장의 성장 기회(유형별)
용도별 세계의 농질산 시장의 성장 기회
최종 용도 산업별 세계의 농질산 시장의 성장 기회
지역별 세계 농질산 시장의 성장 기회
세계의 농질산 시장의 새로운 동향
전략 분석
신제품 개발
세계의 농질산 시장의 생산능력 확대
세계의 농질산 시장에서의 합병, 인수, 합병사업
인증과 라이선싱
제7장 주요 기업의 기업 개요
Agrium
Deepak Fertilisers & Petrochemicals
Hanwha
Koch Fertilizers
LSB Industries
National Chemical Group
OCI
Shandong Fengyuan Chemical Stock
Ube Industries
Yara International
KSA
영문 목차
영문목차
Concentrated Nitric Acid Trends and Forecast
The future of the global concentrated nitric acid market looks promising with opportunities in the agrochemical, explosives, automotive, and electronics markets. The global concentrated nitric acid market is expected to reach an estimated $22.1 billion by 2030 with a CAGR of 2.6% from 2024 to 2030. The major drivers for this market are the growing usage of polyurethane foam, synthetic rubber, and elastomers in the automobile industry, the increasing need for ammonium nitrate, and the growing use of these materials in the chemical and aerospace sectors.
Lucintel forecasts that, within the application category, the ammonium nitrate segment will remain the largest segment over the forecast period due to its wide application in fertilizers and explosives.
Within the end-use category, the agrochemicals segment will remain the largest segment due to the growing demand for nitrogen fertilizers from emerging countries such as China, India, and Brazil.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the presence of regional manufacturers of concentrated nitric acid, such as Hanwha Corporation, Shandong Fengyuan Chemical Stock, and Ube Industries in the region.
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Emerging Trends in the Concentrated Nitric Acid Market
The Concentrated Nitric Acid (CNA) market is evolving due to technological innovations, stricter environmental regulations, and changing market dynamics. These emerging trends are shaping the industry's future direction.
Sustainability and Environmental Regulations: There is an increasing focus on sustainable production practices and compliance with stringent environmental regulations. Companies are investing in technologies aimed at reducing emissions and improving process efficiency.
Technological Advancements: Innovations in production technologies, such as advanced catalytic processes and energy-efficient systems, are driving change in the CNA market. These advancements are focused on enhancing productivity while reducing operational costs.
Increased Demand from Emerging Markets: The growing industrial activities in emerging markets, particularly in countries like China and India, are driving increased demand for CNA. As these regions expand their production capacities, they are contributing significantly to the global market growth.
Focus on Energy Efficiency: Energy efficiency is becoming a key priority in nitric acid production. Companies are adopting new technologies and optimizing processes to reduce energy consumption, lower costs, and improve sustainability.
Enhanced Safety and Handling Measures: Due to the hazardous nature of nitric acid, the industry is placing greater emphasis on safety measures. Innovations in storage, transportation, and handling solutions are improving safety and minimizing risks.
These trends are reshaping the CNA market, and driving advancements in sustainability, technology, and safety. They are influencing production practices, regulatory compliance, and market dynamics, charting the industry's future trajectory.
Recent Developments in the Concentrated Nitric Acid Market
Recent developments in the CNA market reflect the ongoing shifts in technology, environmental regulations, and industry practices. These changes are reshaping production processes and influencing market dynamics.
Advanced Production Technologies: New production methods are being adopted to improve efficiency and reduce emissions. Technologies such as advanced catalytic processes and energy-efficient systems are driving these improvements.
Stricter Environmental Regulations: Enhanced regulations on emissions are pushing companies to invest in cleaner production technologies. These regulations are influencing operational costs and shaping production practices to meet sustainability goals.
Expansion in Emerging Markets: Growing demand in emerging markets, particularly in Asia, is leading to expanded production capacities. New investments in facilities and technologies are enabling companies to meet the increasing industrial needs of these regions.
Increased Focus on Sustainability: The industry is shifting toward more sustainable practices, including the use of alternative raw materials and energy-efficient processes. These efforts are driven by both regulatory pressures and a growing market demand for greener solutions.
Improved Safety Standards: Innovations in the production, storage, and transportation of nitric acid are addressing safety concerns. Companies are implementing enhanced safety measures to reduce risks and comply with industry regulations.
These developments are driving growth and shaping the future of the CNA market. Technological advancements, regulatory compliance, and sustainability initiatives are transforming production processes and industry standards.
Strategic Growth Opportunities for Concentrated Nitric Acid Market
The CNA market presents several growth opportunities across various sectors, driven by technological advancements, market demand, and changing industry needs.
Agricultural Sector: The demand for CNA in the production of nitrogen-based fertilizers presents a significant growth opportunity. As global agricultural activities increase, so does the need for high-quality nitric acid for fertilizer production.
Explosives Industry: CNA is a key component in the production of explosives. As industrial and mining activities expand, the demand for nitric acid in explosives manufacturing is increasing, creating growth potential in this sector.
Chemical Manufacturing: CNA is essential in various chemical processes and products. The growth in the chemical manufacturing sector, driven by industrial expansion, is generating new opportunities for increased CNA use.
Environmental Technologies: Innovations in pollution control systems and environmental technologies are creating new applications for CNA. The push for environmental sustainability is driving demand for nitric acid in these technologies.
Energy Sector: The energy sector's growing focus on cleaner technologies and energy-efficient processes is creating opportunities for CNA. Its application in energy production and conservation is expanding, driving demand for advanced nitric acid solutions.
These growth opportunities are influencing the CNA market by expanding its applications and driving demand in key sectors. They are creating new avenues for growth and shaping the market's future direction.
Concentrated Nitric Acid Market Driver and Challenges
The CNA market is influenced by various drivers and challenges, including technological advancements, regulatory changes, and market dynamics. Understanding these factors is crucial for navigating the industry's complexities.
The factors responsible for driving the concentrated nitric acid market include:
Increasing Industrial Demand: Growing industrial activities, particularly in agriculture and chemicals, are driving demand for CNAs. The need for fertilizers and chemical products is boosting the market.
Technological Innovations: Advances in production technologies are enhancing efficiency and reducing costs. Innovations such as energy-efficient systems are driving growth and improving production processes.
Regulatory Compliance: Stricter environmental regulations are prompting investments in cleaner production technologies. Companies are adapting to these regulations to remain compliant and competitive.
Expansion in Emerging Markets: Rapid industrialization in emerging markets, especially in Asia, is creating new growth opportunities. Increased production capacities and investments are supporting this expansion.
Focus on Sustainability: The shift towards sustainable practices is driving the development of greener production methods. Companies are adopting eco-friendly technologies and materials to meet market demands and regulatory requirements.
Challenges in the concentrated nitric acid market are:
Raw Material Costs: Volatility in the prices of raw materials can impact production costs. Managing these fluctuations is essential for maintaining profitability.
Environmental Regulations: Compliance with stringent environmental regulations can increase operational costs. Companies must invest in technologies and processes to meet these regulations.
Safety Concerns: The hazardous nature of nitric acid presents significant safety challenges. Ensuring safe production, storage, and transportation is vital to mitigate risks and comply with regulatory requirements.
Market Competition: Intense competition in the CNA market can lead to pricing pressures and reduced profit margins. Companies must differentiate themselves through innovation, operational efficiency, and sustainable practices.
Supply Chain Disruptions: Disruptions in the supply chain, such as raw material shortages or logistical challenges, can affect production and distribution. Maintaining a resilient supply chain is crucial to ensure stability in the market.
These drivers and challenges are shaping the CNA market, influencing growth opportunities, operational strategies, and overall industry dynamics. Addressing these factors is critical for long-term success in the evolving market landscape.
List of Concentrated Nitric Acid Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies concentrated nitric acid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the concentrated nitric acid companies profiled in this report include-
Agrium
Deepak Fertilisers & Petrochemicals
Hanwha
Koch Fertilizers
LSB Industries
National Chemical Group
OCI
Shandong Fengyuan Chemical Stock
Ube Industries
Yara International
Concentrated Nitric Acid by Segment
The study includes a forecast for the global concentrated nitric acid by type, application, end use industry, and region.
Concentrated Nitric Acid Market by Type [Analysis by Value from 2018 to 2030]:
Strong Nitric Acid
Fuming Nitric Acid
Concentrated Nitric Acid Market by Application [Analysis by Value from 2018 to 2030]:
Ammonium Nitrate
Adipic Acid
Nitrobenzene
Toluene Diisocyanate
Others
Concentrated Nitric Acid Market by End Use Industry [Analysis by Value from 2018 to 2030]:
Agrochemicals
Explosives
Automotive
Electronics
Others
Concentrated Nitric Acid Market by Region [Analysis by Value from 2018 to 2030]:
North America
Europe
Asia Pacific
The Rest of the World
Country Wise Outlook for the Concentrated Nitric Acid Market
Major players in the CNA market are expanding their operations and forming strategic partnerships to strengthen their market position. Below are recent developments from key producers in regions such as the USA, China, India, Japan, and Germany:
United States: The U.S. is making strides in improving nitric acid production technologies with a focus on reducing environmental impacts. Companies are pushing for higher process efficiency and compliance with stricter nitrogen oxide emissions regulations, which is affecting production practices and cost structures.
China: As the leading global producer, China continues to dominate the CNA market with increased investments in modernizing production facilities. The country is prioritizing energy-efficient technologies and cleaner production methods to meet growing demand, both domestically and internationally, while also addressing environmental concerns.
Germany: Germany is enhancing its CNA production by emphasizing sustainability and resource efficiency. The integration of advanced technologies and strict adherence to European Union regulations are driving improvements in process efficiency and emissions reduction.
India: India is expanding its nitric acid production capabilities to meet growing industrial demand. Recent developments include the implementation of energy-efficient technologies and increased investments in infrastructure to enhance production capacity while complying with regulatory requirements.
Japan: Japan is advancing its nitric acid production through innovations in process technologies. The country is focused on environmental sustainability, investing in cleaner production methods to meet new regulations and market demands.
Features of the Global Concentrated Nitric Acid Market
Market Size Estimates: Concentrated nitric acid market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecasts (2024 to 2030) by various segments and regions.
Segmentation Analysis: Concentrated nitric acid market size by type, application, end use industry, and region in terms of value ($B).
Regional Analysis: Concentrated nitric acid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use industry, and regions for the concentrated nitric acid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the concentrated nitric acid market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
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This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the concentrated nitric acid market by type (strong nitric acid and fuming nitric acid), application (ammonium nitrate, adipic acid, nitrobenzene, toluene diisocyanate, and others), end use industry (agrochemicals, explosives, automotive, electronics, and others), 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 has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global Concentrated Nitric Acid Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Concentrated Nitric Acid Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Concentrated Nitric Acid Market by Type
3.3.1: Strong Nitric Acid
3.3.2: Fuming Nitric Acid
3.4: Global Concentrated Nitric Acid Market by Application
3.4.1: Ammonium Nitrate
3.4.2: Adipic Acid
3.4.3: Nitrobenzene
3.4.4: Toluene Diisocyanate
3.4.5: Others
3.5: Global Concentrated Nitric Acid Market by End Use Industry
3.5.1: Agrochemicals
3.5.2: Explosives
3.5.3: Automotive
3.5.4: Electronics
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Concentrated Nitric Acid Market by Region
4.2: North American Concentrated Nitric Acid Market
4.2.1: North American Market by Application: Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate, and Others
4.2.2: North American Market by End Use Industry: Agrochemicals, Explosives, Automotive, Electronics, and Others
4.3: European Concentrated Nitric Acid Market
4.3.1: European Market by Application: Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate, and Others
4.3.2: European Market by End Use Industry: Agrochemicals, Explosives, Automotive, Electronics, and Others
4.4: APAC Concentrated Nitric Acid Market
4.4.1: APAC Market by Application: Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate, and Others
4.4.2: APAC Market by End Use Industry: Agrochemicals, Explosives, Automotive, Electronics, and Others
4.5: ROW Concentrated Nitric Acid Market
4.5.1: ROW Market by Application: Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate, and Others
4.5.2: ROW Market by End Use Industry: Agrochemicals, Explosives, Automotive, Electronics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Concentrated Nitric Acid Market by Type
6.1.2: Growth Opportunities for the Global Concentrated Nitric Acid Market by Application
6.1.3: Growth Opportunities for the Global Concentrated Nitric Acid Market by End Use Industry
6.1.4: Growth Opportunities for the Global Concentrated Nitric Acid Market by Region
6.2: Emerging Trends in the Global Concentrated Nitric Acid Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Concentrated Nitric Acid Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Concentrated Nitric Acid Market