Europe Sodium Nitrate Market Size & Outlook, 2022-2030
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Europe sodium nitrate market highlights
- The Europe sodium nitrate market generated a revenue of USD 21.7 million in 2022.
- The market is expected to grow at a CAGR of 5% 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.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 21.7 million |
| Market revenue in 2030 | USD 32.1 million |
| Growth rate | 5% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Pharmaceutical, Food |
| Key market players worldwide | Sociedad 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, Europe region accounted for 20.5% 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.
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Sodium Nitrate Market Scope
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 |
Europe 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 93.55% in 2022. Horizon Databook has segmented the Europe sodium nitrate market based on industrial, pharmaceutical, food covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Sodium Nitrate Grade Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Pharmaceutical
- Food
- Europe 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 continent-level data and insights on the Europe sodium nitrate market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sodium nitrate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe sodium nitrate market size, by country, 2018-2030 (US$M)
Europe Sodium Nitrate Market Outlook Share, 2022 & 2030 (US$M)
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