Summary

Global Sodium Nitrate Market to reach USD 140.26 million by 2027.

Global Sodium Nitrate Market is valued approximately at USD 95.8 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2021-2027. Sodium nitrate is being used for providing necessary and essential nitrogen nutrients to crops. These fertilizers are favorable for crops such as wheat, sugarcane, soybeans, and corn. The global Sodium Nitrate market is being driven by growing demand for sodium nitrate fertilizers from end use industries such as agriculture and food industry and increase in consumption of biofuels in automotive industry. Furthermore, low cost and availability of sodium nitrate fertilizers, will provide new opportunities for the global Sodium Nitrate industry. For instance, according to Statista, the revenue from food market in year 2018 stood at 6.72 billion which increased to 9.1 billion by year 2025. As a result, increased in revenue from food industry will serve as a catalyst for the Sodium Nitrate industry in the future. However, adverse impact on groundwater and water, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global sodium nitrate market. The availability of highly cultivable land and good climatic conditions, availability of oilseeds, corn, and sugarcane makes the Europe the leading region across the world in terms of market share. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growing population and rising consumer disposable income in various regions.
Major market player included in this report are:

Basf SE
Deepak Nitrite Ltd.
SQM
Weifang Haiye Chemistry and Industry Co
Acf Nitratos S.A
Shijiazhuang Fengshan Chemical Co, Ltd.
Quality Chemicals S.L
Thermo Fisher Scientific Inc.
Ube Industries Ltd.
Sumitomo Chemical Co. Ltd.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Grade:
Industrial
Pharmaceuticals
Food
By Application:
Chemicals
Fertilizers
Explosives
Glass
Pharmaceuticals
Food and beverages
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Sodium Nitrate Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Table of Contents

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Sodium Nitrate Market , by Region, 2019-2027 (USD Billion)
1.2.2. Sodium Nitrate Market , by Grade, 2019-2027 (USD Billion)
1.2.3. Sodium Nitrate Market , by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Sodium Nitrate Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Sodium Nitrate Market Dynamics
3.1. Sodium Nitrate Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increase in demand for sodium nitrate fertilizers from the agriculture and food industry
3.1.1.2. Rising Consumption of biofuels in the automotive industry
3.1.2. Market Restraint
3.1.2.1. Adverse impact on groundwater and water
3.1.3. Market Opportunities
3.1.3.1. Low cost and availability of sodium nitrate fertilizers
Chapter 4. Global Sodium Nitrate Market Industry Analyses
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Sodium Nitrate Market , by Grade
5.1. Market Snapshot
5.2. Global Sodium Nitrate Market by Grade, Performance - Potential Analysis
5.3. Global Sodium Nitrate Market Estimates & Forecasts by Grade 2018-2027 (USD Billion)
5.4. Sodium Nitrate Market , Sub Segment Analysis
5.4.1. Industrial
5.4.2. Pharmaceuticals
5.4.3. Food
Chapter 6. Global Sodium Nitrate Market , by Application
a. Market Snapshot
6.1. Global Sodium Nitrate Market by Application, Performance - Potential Analysis
6.2. Global Sodium Nitrate Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Sodium Nitrate Market , Sub Segment Analysis
6.3.1. Chemicals
6.3.2. Fertilizers
6.3.3. Explosives
6.3.4. Glass
6.3.5. Pharmaceuticals
6.3.6. Food and beverages
6.3.7. Others
Chapter 7. Global Sodium Nitrate Market , Regional Analysis
7.1. Sodium Nitrate Market , Regional Market Snapshot
7.2. North America Sodium Nitrate Market
7.2.1. U.S. Sodium Nitrate Market
7.2.1.1. Grade breakdown estimates & forecasts, 2018-2027
7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Sodium Nitrate Market
7.3. Europe Sodium Nitrate Market Snapshot
7.3.1. U.K. Sodium Nitrate Market
7.3.2. Germany Sodium Nitrate Market
7.3.3. France Sodium Nitrate Market
7.3.4. Spain Sodium Nitrate Market
7.3.5. Italy Sodium Nitrate Market
7.3.6. Rest of Europe Sodium Nitrate Market
7.4. Asia-Pacific Sodium Nitrate Market Snapshot
7.4.1. China Sodium Nitrate Market
7.4.2. India Sodium Nitrate Market
7.4.3. Japan Sodium Nitrate Market
7.4.4. Australia Sodium Nitrate Market
7.4.5. South Korea Sodium Nitrate Market
7.4.6. Rest of Asia Pacific Sodium Nitrate Market
7.5. Latin America Sodium Nitrate Market Snapshot
7.5.1. Brazil Sodium Nitrate Market
7.5.2. Mexico Sodium Nitrate Market
7.6. Rest of The World Sodium Nitrate Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Basf SE
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Deepak Nitrate Ltd.
8.2.3. SQM
8.2.4. Weifang Haiye Chemistry and Industry Co
8.2.5. Acf Nitratos S.A
8.2.6. Shijiazhuang Fengshan Chemical Co, Ltd.
8.2.7. Quality Chemicals S.L
8.2.8. Thermo Fisher Scientific Inc.
8.2.9. Ube Industries Ltd.
8.2.10. Sumitomo Chemical Co. Ltd.


Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption