Nitric Acid Market Outlook: Emerging Trends and 2.9% CAGR Growth...

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2025-07-23 10:03:16

Nitric Acid Market Outlook: Emerging Trends and 2.9% CAGR Growth Forecast from 2024 to 2031

The Global Nitric Acid Market is projected to grow at a CAGR of 2.9% from 2024 to 2031, fueled by rising demand for ammonium nitrate in fertilizers and other chemical intermediates. With its key applications across agriculture, explosives, dyes, and automotive industries, nitric acid remains vital to global industrial production. Rising global food demand and the corresponding boom in...

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