Brazil Sodium Nitrate Market Size & Outlook, 2022-2030

The sodium nitrate market in Brazil is expected to reach a projected revenue of US$ 17.4 million by 2030. A compound annual growth rate of 5.3% is expected of Brazil sodium nitrate market from 2023 to 2030.
Revenue, 2022 (US$M)
$11.6
Forecast, 2030 (US$M)
$17.4
CAGR, 2023 - 2030
5.2%
Report Coverage
Brazil

Brazil sodium nitrate market highlights

  • The Brazil sodium nitrate market generated a revenue of USD 11.6 million in 2022 and is expected to reach USD 17.4 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
  • In terms of segment, industrial was the largest revenue generating grade in 2022.
  • Industrial is the most lucrative grade segment registering the fastest growth during the forecast period.

Sodium nitrate market data book summary

Market revenue in 2022USD 11.6 million
Market revenue in 2030USD 17.4 million
Growth rate5.3% (CAGR from 2022 to 2030)
Largest segmentIndustrial
Fastest growing segmentIndustrial
Historical data2018 - 2021
Base year2022
Forecast period2023 - 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, Brazil accounted for 10.9% of the global sodium nitrate market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Peru sodium nitrate market is projected to lead the regional market in terms of revenue in 2030.
  • Chile is the fastest growing regional market in Latin America and is projected to reach USD 15.4 million by 2030.

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Sodium Nitrate Market Companies

Name Profile # Employees HQ Website

Brazil 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 93.1% in 2022. Horizon Databook has segmented the Brazil sodium nitrate market based on industrial, pharmaceutical, food covering the revenue growth of each sub-segment from 2018 to 2030.


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

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  • Our clientele includes a mix of sodium nitrate market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil sodium nitrate market , including forecasts for subscribers. This country databook contains high-level insights into Brazil sodium nitrate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil sodium nitrate market size, by grade, 2018-2030 (US$M)

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

Brazil sodium nitrate market size, by grade, 2018-2030 (US$M)

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