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    US Nitric Acid Market

    ID: MRFR/CnM/13011-HCR
    100 Pages
    Chitranshi Jaiswal
    October 2025

    US Nitric Acid Market Research Report By Application (Fertilizers, Nitrobenzene, Toluene Di-Isocyanate, Adipic Acid, Nitro Chlorobenzene, Others), By Product Type (Dilute Nitric Acid, Concentrated Nitric Acid) and By End Use Industry (Agrochemicals, Explosives, Chemical, Others) - Forecast to 2035

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    US Nitric Acid Market Infographic
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    US Nitric Acid Market Summary

    The US Nitric Acid market is projected to grow from 5.04 USD Billion in 2024 to 7.8 USD Billion by 2035, reflecting a robust CAGR of 4.05%.

    Key Market Trends & Highlights

    US Nitric Acid Key Trends and Highlights

    • The market valuation is expected to reach 7.8 USD Billion by 2035, indicating a strong growth trajectory.
    • From 2025 to 2035, the market is anticipated to grow at a CAGR of 4.05%, showcasing steady demand.
    • In 2024, the market is valued at 5.04 USD Billion, laying a solid foundation for future expansion.
    • Growing adoption of sustainable agricultural practices due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 5.04 (USD Billion)
    2035 Market Size 7.8 (USD Billion)
    CAGR (2025-2035) 4.05%

    Major Players

    Mosaic, Air Products and Chemicals, Yara International, BASF, Hindalco Industries, KMG Chemicals, Linde, OCI N.V., Tessenderlo Group, Orica, Eastman Chemical, SABIC, Langan, Nutrien, CF Industries Holdings

    US Nitric Acid Market Trends

    The US Nitric Acid Market is experiencing several important market trends driven by various factors. One key market driver is the increasing demand for fertilizers, particularly nitrogen-based fertilizers, which are essential for enhancing crop yields. The agricultural sector in the US is progressively adopting advanced farming practices that require higher fertilizer usage, stimulating the demand for nitric acid as a key ingredient.

    Additionally, the growing focus on environmental regulations and safety standards in chemical manufacturing is pushing producers towards more sustainable production methods and technologies in nitric acid manufacturing.Moreover, opportunities abound in the realm of specialty applications such as explosives, which are particularly significant in the mining and construction industries. The rise in infrastructure development projects, supported by government initiatives to improve transportation and public utilities, heightens the need for nitric acid in producing ammonium nitrate explosives. This trend signals a potential area for growth in the US market.

    In recent times, there has been a notable shift towards green chemistry practices and innovations in nitric acid production, favoring processes that reduce emissions and energy consumption. Technological advancements are leading to more efficient production methods, which not only cater to regulatory standards but also align with consumer preferences for environmentally-friendly products.This is influencing how companies strategize their operations and product offerings. Overall, the US Nitric Acid Market is currently positioned at the intersection of agricultural needs, environmental priorities, and technological advancements, which collectively shape its future landscape.

    Market Segment Insights

    Nitric Acid Market Application Insights

    The US Nitric Acid Market is significantly influenced by its Application segment, which encompasses a variety of industries and uses. The agricultural sector consumes a large portion of nitric acid, primarily for fertilizer production, where it plays a crucial role in enhancing crop yields and food production. This demand is driven by the continuous need to increase agricultural output due to the growing population and food security concerns. Fertilizers utilizing nitric acid are vital for delivering essential nutrients to plants, positioning them as a primary driver within the overall market.

    Additionally, nitric acid is instrumental in the production of Nitrobenzene, which serves as a precursor for various products, including anilinea key ingredient in dyes and agricultural chemicals. The Toluene Di-Isocyanate (TDI) market is another notable application of nitric acid. TDI is predominantly used in the manufacturing of flexible polyurethane foams found in furniture, automotive upholstery, and insulation materials, reflecting the significant link between nitric acid and the ever-evolving construction and automotive industries.

    Moreover, Adipic Acid is a relevant application, derived mainly from nitric acid, and is widely used in the production of nylon and other synthetic fibers, contributing to the textile and automotive sectors. This wide-ranging use indicates the dependency of various industries on nitric acid, signaling robust growth potential. Nitro Chlorobenzene is another critical application, utilized in synthesizing chemicals in pesticide and dye production, thereby highlighting the significance of nitric acid in agricultural sustainability and chemical manufacturing. Furthermore, the 'Others' category includes various niche applications that broaden the overall spectrum of nitric acid use, ensuring its relevance across diverse sectors.

    The steady growth of these applications is bolstered by several macroeconomic factors. Increasing industrialization, urbanization, and the ever-present demand for efficiency and sustainability are driving industries to utilize nitric acid in more innovative ways. However, challenges such as environmental regulations and the need for greener production methods may impact certain aspects of growth within the market segment. Overall, the Application segment of the US Nitric Acid Market demonstrates a significant blend of stability and growth potential, confirming its essential role in driving market dynamics.

    The interactions between these various applications highlight not only their contributions to the economy but also the need for advancements in production and efficiency.

    Nitric Acid Market Product Type Insights

    The Product Type segment of the US Nitric Acid Market is primarily categorized into Dilute Nitric Acid and Concentrated Nitric Acid, each playing a crucial role in various industrial applications. Dilute Nitric Acid, known for its moderate strength, finds significant use in the production of fertilizers, explosives, and also in the electronics sector for etching purposes. Its versatility and safety in handling make it a preferred choice in many scenarios.

    On the other hand, Concentrated Nitric Acid is pivotal in the manufacture of chemicals, particularly in the production of nitric oxide and other chemical compounds.This segment is critical for industries such as pharmaceuticals and agriculture, where precision and strength are necessary for production processes. The ongoing advancements in the US chemical manufacturing industry and the increasing demand in agriculture and electronics are driving growth in these segments. Moreover, as sustainability becomes a focus, innovations in the production and usage of both types of nitric acid are expected to further enhance their market significance.

    Overall, both Dilute and Concentrated Nitric Acid are essential components in a range of applications, influencing the overall dynamics of the US Nitric Acid Market.

    Nitric Acid Market End Use Industry Insights

    The US Nitric Acid Market's performance is significantly influenced by its usage across various end-use industries, which showcases a diverse and robust market landscape. A prominent segment, Agrochemicals, plays a crucial role in the production of fertilizers, enhancing agricultural productivity and sustainability, thereby contributing to food security. The Explosives segment is vital for the construction and mining industries, where nitric acid is a key component in the formulation of explosives, supporting infrastructure development and resource extraction processes.Additionally, the Chemical sector utilizes nitric acid for manufacturing various industrial chemicals, highlighting its significance in chemical synthesis and production processes.

    The 'Others' category reflects the versatility of nitric acid, encompassing applications in pharmaceuticals, metal processing, and environmental management. The overall trends indicate that the increasing demand for sustainable agricultural practices and the growth of the construction industry will further drive the US Nitric Acid Market, presenting ample opportunities for stakeholders.While the market faces challenges such as regulatory compliance and fluctuations in raw material prices, the ongoing innovation in applications and processes within all segments signifies a steady growth trajectory in the coming years.

    Get more detailed insights about US Nitric Acid Market Research Report - Forecast till 2035

    Key Players and Competitive Insights

    The US Nitric Acid Market is characterized by a dynamic competitive landscape influenced by various factors such as production capacity, technological advancements, and regulatory frameworks. Companies operating within this market are continually adapting to shifts in demand driven by agricultural, industrial, and environmental considerations. Key players focus on improving operational efficiencies and investing in innovation to strengthen their market positions. Competitive insights reveal a landscape where companies leverage their unique capabilities to distinguish themselves from their competitors while navigating challenges such as pricing volatility and environmental sustainability demands.

    The interplay between established firms and emerging players adds complexity to this sector, necessitating a thorough understanding of each competitor's strengths, market strategies, and operational structures.Mosaic holds a notable position in the US Nitric Acid Market, primarily recognized for its strategic alignment with agricultural needs. The company focuses on enhancing crop nutrient availability through the production of nitric acid, which is a critical ingredient in fertilizers and other agricultural products. Mosaic's strengths lie in its established distribution networks and its commitment to safety and environmental stewardship.

    With a strong emphasis on sustainable practices, Mosaic seeks to enhance its competitiveness by promoting efficient production methods and leveraging its industry expertise. The company's extensive market presence allows it to cater effectively to a diverse customer base, ensuring that it remains a key player within the US nitric acid landscape focused on agricultural applications.Air Products and Chemicals has solidified its presence in the US Nitric Acid Market by providing a range of essential products and services, emphasizing its commitment to technology and innovation.

    The company offers nitric acid as a vital component in various industrial processes, with applications in sectors including chemicals and materials. Air Products and Chemicals benefit from its extensive infrastructure and reliable supply chain capabilities, which enhance its ability to meet customer needs efficiently. The company has pursued strategic mergers and acquisitions that bolstered its product portfolio and market reach, reinforcing its competitive edge in the nitric acid domain.

    With a focus on delivering high-quality products and investing in cutting-edge technologies, Air Products and Chemicals aims to strengthen its foothold within the US market while addressing the evolving demands of its industrial clients.

    Key Companies in the US Nitric Acid Market market include

    Industry Developments

    In recent developments within the US Nitric Acid Market, several companies have adjusted their production capabilities due to evolving regulations and environmental concerns. Mosaic has initiated sustainability efforts aimed at reducing emissions associated with nitric acid production. Air Products and Chemicals continues to enhance its liquefied gas processing capabilities, impacting overall supply dynamics.

    Yara International has been expanding its product offerings focused on precision agriculture, which has driven demand for nitric acid-based fertilizers.In terms of mergers and acquisitions, CF Industries Holdings announced its acquisition of a significant rival in March 2023, which is anticipated to strengthen its market position and boost production efficiency. Nutrien has also been actively navigating potential partnerships to enhance its nitrogen portfolio, reflecting ongoing consolidation trends within the industry.Growth in the US Nitric Acid Market is evident, with valuations rising due to increased demand from agricultural sectors and industrial applications.

    Between 2021 and 2023, companies like BASF and OCI N.V. reported substantial fiscal results, reflecting a robust recovery post-pandemic and a strategic pivot towards cleaner production technologies in the nitric acid segment. This trajectory underscores a rapidly evolving market landscape, with both challenges and opportunities on the horizon.

    Market Segmentation

    Outlook

    • Agrochemicals
    • Explosives
    • Chemical
    • Others

    Nitric Acid Market Application Outlook

    • Fertilizers
    • Nitrobenzene
    • Toluene Di-Isocyanate
    • Adipic Acid
    • Nitro Chlorobenzene
    • Others

    Nitric Acid Market Product Type Outlook

    • Dilute Nitric Acid
    • Concentrated Nitric Acid

    Nitric Acid Market End Use Industry Outlook

    • Agrochemicals
    • Explosives
    • Chemical
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 4.77(USD Billion)
    MARKET SIZE 2024 5.04(USD Billion)
    MARKET SIZE 2035 7.8(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 4.05% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Mosaic, Air Products and Chemicals, Yara International, BASF, Hindalco Industries, KMG Chemicals, Linde, OCI N.V., Tessenderlo Group, Orica, Eastman Chemical, SABIC, Langan, Nutrien, CF Industries Holdings
    SEGMENTS COVERED Application, Product Type, End Use Industry
    KEY MARKET OPPORTUNITIES Increased fertilizer demand, Growth in explosives production, Expanding automotive emissions regulations, Rising agricultural sustainability focus, Innovative production technologies development
    KEY MARKET DYNAMICS growing agricultural demand, environmental regulations, fluctuations in raw materials, industrial applications expansion, advancements in production technology
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Nitric Acid Market in 2024?

    The US Nitric Acid Market is expected to be valued at 5.04 billion USD in 2024.

    What will be the projected market size of the US Nitric Acid Market by 2035?

    By 2035, the US Nitric Acid Market is projected to reach a value of 7.8 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Nitric Acid Market from 2025 to 2035?

    The expected CAGR for the US Nitric Acid Market from 2025 to 2035 is 4.05 percent.

    What is the dominant application segment of the US Nitric Acid Market?

    The dominant application segment of the US Nitric Acid Market is Fertilizers, valued at 2.01 billion USD in 2024.

    What is the expected market value for Nitrobenzene application in 2035?

    The expected market value for Nitrobenzene application in the US Nitric Acid Market by 2035 is 1.55 billion USD.

    Who are the key players in the US Nitric Acid Market?

    Key players in the US Nitric Acid Market include Mosaic, Air Products and Chemicals, Yara International, and BASF among others.

    What will be the market value for Toluene Di-Isocyanate application by 2035?

    The market value for Toluene Di-Isocyanate application in the US Nitric Acid Market is projected to be 1.31 billion USD by 2035.

    What is the expected market size for the Adipic Acid application in 2024?

    The expected market size for the Adipic Acid application in the US Nitric Acid Market is 0.5 billion USD in 2024.

    How much is the Nitro Chlorobenzene application expected to grow by 2035?

    The Nitro Chlorobenzene application in the US Nitric Acid Market is expected to grow to 1.0 billion USD by 2035.

    What are some emerging trends in the US Nitric Acid Market?

    Emerging trends in the US Nitric Acid Market include increased demand in agricultural applications and advancements in production technologies.

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