Chile Sodium Nitrate Market Size & Outlook, 2022-2030

The sodium nitrate market in Chile is expected to reach a projected revenue of US$ 15.4 million by 2030. A compound annual growth rate of 6.2% is expected of Chile sodium nitrate market from 2023 to 2030.
Revenue, 2022 (US$M)
$9.5
Forecast, 2030 (US$M)
$15.4
CAGR, 2023 - 2030
6.2%
Report Coverage
Chile

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Chile sodium nitrate market, 2018-2030 (US$M)

Chile sodium nitrate market, 2018-2030 (US$M)

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Chile sodium nitrate market highlights

  • The Chile sodium nitrate market generated a revenue of USD 9.5 million in 2022 and is expected to reach USD 15.4 million by 2030.
  • The Chile market is expected to grow at a CAGR of 6.2% 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 9.5 million
Market revenue in 2030USD 15.4 million
Growth rate6.2% (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, Chile accounted for 9.0% 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
Weifang Yingsheng Chemicals Co. View profile 11-50 Weifang, Shandong, China, Asia http://www.yingshengchem.com
UralChem View profile 10001+ Moscow, Moscow City, Russian Federation, Europe http://www.uralchem.com
Jiangsu Fengshan Group View profile 1001-5000 Nanjing, Jiangsu, China, Asia http://www.fengshangroup.com
Deepak Fertilisers View profile 501-1000 Mumbai, Maharashtra, India, Asia http://www.dfpcl.com/
Sociedad Quimica Y Minera (SQM) View profile 5001-10000 Santiago, Region Metropolitana, Chile, South America http://www.sqm.com/
Sociedad Quimica Y Minera De Chile SA ADR View profile 7474 El Trovador 4285, 6th Floor, Las Condes, Santiago, Chile https://www.sqm.com
Quality Chemicals Ltd View profile - Kampala, Kampala, Uganda, Africa http://www.quality-chemicals.co.ug/
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Chile 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 93.68% in 2022. Horizon Databook has segmented the Chile sodium nitrate market based on industrial, pharmaceutical, food covering the revenue growth of each sub-segment from 2018 to 2030.


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

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

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

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

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

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