Presence of several small and medium sized regional companies makes the global calcium nitrate market somewhat concentrated. A few large companies have a stronghold over the market. Despite it, competition among them is stiff. The companies are seen expanding their production capacities and also setting up new business units, particularly in emerging nations of Asia Pacific where land and labor are cheap.
Another noticeable trend in the global calcium nitrate market is the thrust on mergers and acquisitions and diversification of product portfolios by key players. They are also seen banking upon product differentiation and focusing on better production methods of nitrate compounds.
Some of the companies with substantial presence in the global calcium nitrate market are Agrium, Inc., Vardhaman Fertilizers and Seeds Pvt. Ltd., Yara International ASA, Airedale Chemical, Rural Liquid Fertilisers (RLF), GFS Chemicals, Inc., and Haifa Chemicals Ltd.
Going forward, the global calcium nitrate market is predicted to rise at a steady 4.8% CAGR over the course of the forecast period between 2014 and 2020. This has been stated by Transparency Market Research in one of its reports. At this pace, it predicts the market to become worth US$10.18 bn by 2020.
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Some of the application segments of the global calcium nitrate market are explosives, waste water treatment chemicals, concrete manufacturing, and fertilizers. Currently, the segment of fertilizers generates most of the demand in the global calcium nitrate market. This is because calcium is much needed for development of plant tissues. Further, calcium nitrate fertilizers do not acidify the soil. They also do not have heavy metals and chlorides. Besides, they remain unaffected by temperature. From a geographical perspective, the global calcium nitrite market is being led by Asia Pacific. This is because of the massive tracts of land devoted to cultivation of food crops in nations of China and India.
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Biggest Application Segment of Fertilizers Driving Global Calcium Nitrate Market
At the forefront of driving demand in the global calcium nitrate market is the rising demand for grain crops because of the pressing need to feed the world’s burgeoning population. Adds the lead analyst of the TMR report, “Calcium nitrate based fertilizers are preferred over those formulated from urea or ammonia based ones. This is because the last two are often lost to the atmosphere. Besides, calcium nitrite based fertilizers are not affected by unfavorable circumstances. Hence their nutritional element remains intact.”
Wastewater Treatment Proves Another Rising Application Segment
The TMR report finds that the global calcium nitrate is being majorly boosted by the demand for oilseeds such as soybeans, wheat, and corn. The market growth is also being propped up by the soaring demand for wastewater treatment. As urbanization and industrialization happens at a rapid pace, wastewater treatment has also been on the rise. In fact, the emerging economies are at the forefront of driving demand in the calcium nitrate market because of the massive industrialization and urbanization in the regions.
One drawback of calcium nitrate, on the other hand, is its hygroscopic in nature. It is considered as hazard class 5.1 by regulatory regimes. This is affecting the growth in the global calcium nitrate market to an extent.
The review is based on the findings of a TMR report, titled, “Calcium Nitrate Market (Application - Fertilizers, Wastewater Treatment Chemicals, Concrete Manufacturing, and Explosives) Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014–2020
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Calcium Nitrate Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the calcium nitrate market include Wentong Group, ADOB Chemical, URALCHEM, The Chemical Company, GFS Chemicals, Inc., Airedale Chemical, Agrium, Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd, Haifa Chemicals Ltd., Yara International ASA, and Sterling Chemicals.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Calcium Nitrate Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/calcium-nitrate-market/download-sampleMarket DynamicsRising demand for calcium nitrate from the agrochemical industry due to the rapid population growth, increasing demand for food, and limited agricultural land worldwide are primarily driving global calcium nitrate market growth.
In addition, increasing demand for effective wastewater management in order to maintain the level of drinking water and water for sanitization purposes in countries with limited water infrastructure and limited freshwater sources and strict rules related to wastewater treatment will fuel the demand for calcium nitrate.
However, the presence of suitable alternatives like potassium nitrate, ammonium nitrate, and others and the hygroscopic properties of calcium nitrate will hamper the market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
Calcium Nitrate is the colorlessly inorganic compound with the formula Ca (NO3)2.
Calcium nitrate is hygroscopic, absorbing moisture from the air and is commonly found as a tetrahydrate.Yara International has the largest capacity for Calcium Nitrate.
For lots of China calcium nitrate manufacturers, the capacity is between 1100–1300 K MT; as a result, the challenge is fierce.
Thus export of calcium nitrate to South Africa and Latin America is better choice.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-calcium-nitrate-2019-2024-447For the decreased price of raw materials and fierce challenge, price of calcium nitrate of China manufacturers is low.
As a result, for many China local suppliers, gross margin is low and below 17% in 2015.
Global price was basically stable in the past 3 years.
