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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com APAC calcium nitrate market to observe highest gains (5.5%) over 2016-2024
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com High demand for efficient wastewater disposal systems, especially in emerging economies, is likely to influence global calcium nitrate industry. Countries such as India, Brazil, Mexico, and China are highly susceptible to wastewater pollutants owing to the escalating rate of industrialization and the dearth of efficient water treatment infrastructural framework. In fact, in 2015, the combined revenue of wastewater industry in these countries was approximately USD 7 billion. Thus, rising requirement to dispose wastewater with efficacy and strict government regulations regarding the hazards of pollutant-infested water will drive calcium nitrate market worldwide. According to Global Market Insights, Inc., “Calcium Nitrate Industry, having registered a value of USD 8 billion in 2015, is forecast to grow at a rate of 5.3% over 2016-2024, with a revenue estimation of USD 12.6 billion by 2024.” Global Market Scenario of Calcium Nitrate Industry
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com The regional highlights of calcium nitrate market are as provided below: Asia pacific led global calcium nitrate industry in 2015, with India, China, and Indonesia holding the reins. The huge rate of industrialization in India and China has led to increased product usage for wastewater treatment, thereby propelling regional growth. Driven by the ever-growing construction sector and high demand for fertilizers, APAC calcium nitrate market is set to record maximum CAGR of 5.5% over 2016-2024. Calcium nitrate finds huge applications in the explosives industry, which is the key driving factor for North America calcium nitrate market. Dominated by the U.S., the regional industry was worth more than USD 1.5 billion in 2015, and will foresee significant growth over 2016-2025, mainly powered by the rising government expenditure for the military & defense sector. Continue.....
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com U.S Calcium Nitrate Market size, by application, 2013-2024 (USD Million)
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Application Analysis The global calcium nitrate market share for fertilizers shall witness gains more than 4.5% CAGR over the forecast timeframe. The product based fertilizers contain nitrogen and calcium, which are essential for plants to absorb vital nutrients from the soil and helps in the prevention of various leaf spot diseases. Flowering plants retain their flowers for a longer period when these fertilizers are added. In addition, rising food grain demand has compelled farmers to upscale their crop yield by using such fertilizers. Regional Analysis North America, led mainly by the U.S. calcium nitrate market size generated revenue more than USD 1.5 billion in 2015. The product is extensively used in the explosives industry, as compared to other regions. Increasing government spending in order to enhance their defense forces is the major factor contributing the regional business growth. Competitive Market Share The global calcium nitrate market share was fragmented in 2015. Key companies operating in the industry includes Agrium Inc., Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd., Haifa Group, Uralchem Holding PLC, Rural Liquid Fertilizers (RLF), Yara International ASA and Sterling Chemicals. 360° Analysis
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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Calcium Nitrate Market @ http://bit.ly/2huwYqa http://bit.ly/2huwYqa Request for a sample of this report @ http://bit.ly/2gZtr2lhttp://bit.ly/2gZtr2l Request to customize report @ http://bit.ly/2lgshpXhttp://bit.ly/2lgshpX
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