Middle East & Africa Sodium Nitrate Market Size & Outlook
Middle East & Africa sodium nitrate market, 2018-2030 (US$M)
Related Markets
MEA sodium nitrate market highlights
- The MEA sodium nitrate market generated a revenue of USD 7.2 million in 2022.
- The market is expected to grow at a CAGR of 5.8% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 7.2 million |
| Market revenue in 2030 | USD 11.2 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Pharmaceutical |
| 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, MEA region accounted for 6.7% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Sodium Nitrate Market Scope
Sodium Nitrate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 79.17% in 2022. Horizon Databook has segmented the Middle East & Africa sodium nitrate market based on industrial, pharmaceutical, food covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Sodium Nitrate Grade Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Pharmaceutical
- Food
- Middle East & Africa Sodium Nitrate Application Outlook (Revenue, USD Million, 2018-2030)
- Chemicals
- Fertilizers
- Explosives
- Glass
- Pharmaceuticals
- Food & Beverages
- Others
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Target buyers of Middle East & Africa sodium nitrate market databook
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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 Middle East & Africa sodium nitrate market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sodium nitrate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA sodium nitrate market size, by country, 2018-2030 (US$M)
Middle East & Africa Sodium Nitrate Market Outlook Share, 2022 & 2030 (US$M)
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