Asia Pacific Sodium Nitrate Market Size & Outlook

The sodium nitrate market in Asia Pacific is expected to reach a projected revenue of US$ 45.4 million by 2030. A compound annual growth rate of 6.6% is expected of Asia Pacific sodium nitrate market from 2023 to 2030.
Revenue, 2022 (US$M)
$27.2
Forecast, 2030 (US$M)
$45.4
CAGR, 2023 - 2030
6.6%
Report Coverage
Asia Pacific

Asia Pacific sodium nitrate market highlights

  • The Asia Pacific sodium nitrate market generated a revenue of USD 27.2 million in 2022.
  • The market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
  • In terms of segment, industrial was the largest revenue generating grade in 2022.
  • Pharmaceutical is the most lucrative grade segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2023 to 2030.

Asia Pacific data book summary

Market revenue in 2022USD 27.2 million
Market revenue in 2030USD 45.4 million
Growth rate6.6% (CAGR from 2022 to 2030)
Largest segmentIndustrial
Fastest growing segmentPharmaceutical
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIndustrial, Pharmaceutical, Food
Key market players worldwideSociedad Quimica Y Minera De Chile SA ADR, Basf SE, Quality Chemicals Ltd, Deepak Fertilisers, Sociedad Quimica Y Minera (SQM), Weifang Yingsheng Chemicals Co., Jiangsu Fengshan Group, UralChem

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 25.6% of the global sodium nitrate market in 2022.
  • Globally, Latin America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 45.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Sodium Nitrate Market Companies

Name Profile # Employees HQ Website

Asia Pacific sodium nitrate market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sodium nitrate market will help companies and investors design strategic landscapes.


Industrial was the largest segment with a revenue share of 83.09% in 2022. Horizon Databook has segmented the Asia Pacific sodium nitrate market based on industrial, pharmaceutical, food covering the revenue growth of each sub-segment from 2018 to 2030.


  • Asia Pacific Sodium Nitrate Grade Outlook (Revenue, USD Million, 2018-2030)
    • Industrial
    • Pharmaceutical
    • Food
  • Asia Pacific Sodium Nitrate Application Outlook (Revenue, USD Million, 2018-2030)
    • Chemicals
    • Fertilizers
    • Explosives
    • Glass
    • Pharmaceuticals
    • Food & Beverages
    • Others

Reasons to subscribe to Asia Pacific sodium nitrate market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific sodium nitrate market databook

  • Our clientele includes a mix of sodium nitrate market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sodium nitrate market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sodium nitrate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Asia Pacific sodium nitrate market size, by country, 2018-2030 (US$M)

Asia Pacific Sodium Nitrate Market Outlook Share, 2022 & 2030 (US$M)

Asia Pacific sodium nitrate market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more