The report “Concentrated Nitric Acid Market by Type (Strong, Fuming), Application (Ammonium Nitrate, Adipic Acid, Nitrobenzene, Toluene Diisocyanate), End-use Industry (Agrochemicals, Explosives, Automotive, Electronics), and Region – Global Forecast to 2022″, The concentrated nitric acid market was valued at USD 21.11 Billion in 2016 and is projected to reach USD 25.24 Billion by 2022, at a CAGR of 3.1% during the forecast period. Concentrated nitric acid is mainly used in the production of nitrogen fertilizers, explosives pesticides, polyurethane foams, synthetic rubbers, and elastomers.
Concentrated Nitric Acid Market worth 25.24 Billion USD by 2022
