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市場調查報告書
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1397763
硝酸鈉全球市場規模、佔有率、行業趨勢分析報告:2023-2030 年按等級、應用和地區分類的展望和預測Global Sodium Nitrate Market Size, Share & Industry Trends Analysis Report By Grade, By Application (Fertilizers, Chemicals, Explosives, Glass, Pharmaceuticals, Food & Beverages and Others), By Regional Outlook and Forecast, 2023 - 2030 |
預計到 2030 年,硝酸鈉市場規模將達到 1.601 億美元,預測期內年複合成長率為 5.8%。 2022年市場規模為1,06,268.7噸,成長率為6.0%(2019-2022年)。
然而,包括硝酸鈉在內的硝酸鹽產品市場可能會受到氮基化合物和能源等原料價格波動的影響。價格波動會影響生產成本和市場競爭力。硝酸鈉由硝酸生產,硝酸的成本受氨、氧氣等原料價格影響。成本的變化會直接影響這些原料的生產成本。硝酸鈉的製造過程涉及能源密集步驟。電力和天然氣等能源來源價格的波動會對製造成本產生重大影響。硝酸鹽價格的意外上漲可能會使長期供應協議和協議的執行變得困難,從而可能導致重新談判和爭議。硝酸鈉價格波動是阻礙硝酸鈉市場成長的主要挑戰。
按年級分的展望
硝酸鈉市場依等級分為工業、醫藥級及食品級。 2022 年,製藥領域在硝酸鈉市場中佔有重要收益佔有率。硝酸鈉用於合成抗生素,這對於治療細菌感染疾病很重要。這種化合物的化學特性使其成為抗生素生產中的寶貴成分,有助於製藥業有效對抗感染疾病的能力。硝酸鈉是各種藥物製劑中的重要成分。由於它們與其他化合物的相容性以及促進特定化學反應的能力,它們通常用於製造從錠劑到液體藥物的藥品。一氧化氮部分由硝酸鈉產生,以其血管舒張特性、放鬆血管和改善血流而聞名。這項特性對於治療高血壓和其他心血管疾病等疾病的藥物的開發具有重要意義。
按用途分類的展望
根據應用,硝酸鈉市場分為化學品、化肥、炸藥、玻璃、藥品、食品和飲料等。 2022年,化肥領域在硝酸鈉市場中佔據最大的收益佔有率。硝酸鈉為植物提供了重要且容易取得的氮源。氮是植物生長必需的營養物質,影響光合作用、蛋白質合成和整體發育。當用作肥料時,硝酸鈉有助於作物的健康生長。硝酸鈉可作為肥料施用,以提高土壤肥力。硝酸鈉提供的氮可支持植物健康強壯的發展。隨著時間的推移,這有助於土壤的整體健康,並為永續農業創造有利的環境。
區域展望
從區域來看,我們對北美、歐洲、亞太地區和拉丁美洲地區的硝酸鈉市場進行了分析。 2022 年,亞太地區收益佔有率最高,並引領硝酸鈉市場。亞太地區農業部門實力雄厚,肥料中硝酸鈉的使用可能會導致需求增加。隨著該地區國家努力提高作物產量並確保糧食安全,含硝酸鈉肥料的使用量可能會增加。在亞太地區,化學品、製藥和製造業等工業部門對硝酸鈉的需求做出了貢獻。
The Global Sodium Nitrate Market size is expected to reach $160.1 million by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,06,268.7 Tonnes, experiencing a growth of 6.0% (2019-2022).
Sodium nitrate is used in the production of explosives for mining operations. Therefore, the Explosives segment acquired $9,288.5 thousand in 2022. Explosives are employed to break and fragment rock, facilitating the extraction of minerals. The growth of the mining industry, driven by increasing demand for minerals and resources, contributes to the demand for sodium nitrate in explosive formulations. Sodium nitrate is also utilized in explosives for controlled demolition applications. Whether in the demolition of buildings or other structures, the controlled release of energy achieved with sodium nitrate-based explosives contributes to safer and more efficient demolition practices. Mining activities intensify as the demand for minerals and raw materials continues to rise, particularly in electronics, energy, and manufacturing. This increases the need for explosives in mining operations, consequently boosting the market segment. Some of the factors impacting the market are expansion of technological advancements, infrastructure development projects increased the demand for sodium nitrate, and fluctuations in sodium nitrate prices.
Ongoing technological innovations and research in various industries, including agriculture, chemicals, and pharmaceuticals, may lead to new applications and formulations for sodium nitrate, contributing to market growth. Technological innovations in agriculture, such as precision farming, involve sensors, drones, and data analytics. This allows for precise and efficient application of fertilizers, including sodium nitrate, optimizing nutrient use, and reducing environmental impact. Integration of technologies like the Internet of Things and data-driven analytics can enable farmers to monitor soil conditions in real-time, leading to more informed decisions on when and where to apply sodium nitrate-based fertilizers. Nanotechnology applications in agriculture may result in the development of nano-sized fertilizers with enhanced nutrient absorption properties. This can impact the efficiency of sodium nitrate as a fertilizer. Additionally, Sodium nitrate is used in the construction industry in various applications, including concrete production, and as an ingredient in explosives for mining and construction activities. Increasing infrastructure development projects globally contribute to the demand for sodium nitrate. The trend of urbanization, with more people moving to cities, drives the demand for new buildings, roads, bridges, and other urban infrastructure. Sodium nitrate, through its applications in construction, supports these projects. Sodium nitrate is utilized in the construction of highways and roads. The need for efficient transportation networks to accommodate urban growth fuels the demand for sodium nitrate construction materials. Infrastructure development projects often involve excavation and clearing, where explosives are used to prepare the site. Infrastructure development projects increased the demand for sodium nitrate have been a pivotal factor in driving the growth of the sodium nitrate market.
However, the market for nitrate-based products, including sodium nitrate, can be influenced by fluctuations in raw materials prices, such as nitrogen-based compounds and energy. Price volatility can impact production costs and market competitiveness. Sodium nitrate is produced from nitric acid, and the cost of nitric acid is influenced by the prices of raw materials, including ammonia and oxygen. The cost fluctuations can directly affect the cost of production of these raw materials. The production process of sodium nitrate involves energy-intensive steps. Price fluctuations in energy sources, such as electricity and natural gas, can significantly affect production costs. Long-term supply agreements or contracts may become challenging to fulfil if there are unexpected price increases in nitrate, potentially leading to renegotiations or disputes. Fluctuations in sodium nitrate prices is a significant challenge that hampers the growth of sodium nitrate market.
Grade Outlook
By grade, the sodium nitrate market is categorized into industrial, pharmaceutical, and food. The pharmaceutical segment covered a considerable revenue share in the sodium nitrate market in 2022. Sodium nitrate is used to synthesize antibiotics, which are crucial in treating bacterial infections. The compound's chemical properties make it a valuable component in the production of antibiotics, contributing to the pharmaceutical segment's ability to address infectious diseases effectively. Sodium nitrate serves as an essential ingredient in various pharmaceutical formulations. Its compatibility with other compounds and its ability to facilitate specific chemical reactions make it versatile in creating pharmaceutical products, ranging from tablets to liquid medications. Nitric oxide, produced partly from sodium nitrate, is known for its vasodilatory effects, relaxing blood vessels and improving blood flow. This property is relevant in developing medications to treat conditions such as hypertension and other cardiovascular disorders.
Application Outlook
Based on application, the sodium nitrate market is classified into chemicals, fertilizers, explosives, glass, pharmaceuticals, food & beverages, and others. In 2022, the fertilizers segment witnessed the largest revenue share in the sodium nitrate market. Sodium nitrate provides an essential and readily available source of nitrogen for plants. Nitrogen is an essential nutrient for plant growth, influencing photosynthesis, protein synthesis, and overall development. Sodium nitrate, when applied as a fertilizer, supports the healthy growth of crops. The application of sodium nitrate as a fertilizer helps improve soil fertility. Nitrogen, supplied by sodium nitrate, supports the development of healthy and robust plants. Over time, this contributes to the soil's overall health, creating a favourable environment for sustainable agriculture.
Regional Outlook
Region-wise, the sodium nitrate market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region led the sodium nitrate market by generating the highest revenue share. The Asia Pacific region has a significant agricultural sector, and using sodium nitrate in fertilizers is likely to contribute to its increased demand. As countries in the region strive to enhance crop yields and ensure food security, the adoption of fertilizers containing sodium nitrate can grow. The industrial sector in Asia Pacific, including chemicals, pharmaceuticals, and manufacturing, contributes to the demand for sodium nitrate.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD), Airedale Chemical Holdings Limited, Linyi Shansong Biological Products Co., Ltd., SABIC (Saudi Arabian Oil Company), AG CHEMI GROUP s.r.o., Pon Pure Chemicals Group (Pure Chemicals Co.), Santa Cruz Biotechnology, Inc., Sumitomo Chemical Co., Ltd., and UBE Corporation.
Market Segments covered in the Report:
By Grade (Volume, Tonnes, USD Million, 2019-2030)
By Application (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled
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