(EMAILWIRE.COM, August 10, 2018 ) This report studies the sodium nitrate market. Sodium nitrate occurs as colorless crystals or as a white crystalline powder. It is odorless and has a slightly salty taste. Sodium nitrate is mainly consumed in glass, explosives, agricultural, chemical industry and others. Glass is the largest application field, which took about 47.42% in 2017. Explosive is also an important application of sodium nitrate which is mainly used in South America. Sodium nitrate is also widely consumed in agricultural industry in Europe and USA. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

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North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Sodium Nitrate.

Over the next five years, LPI(LP Information) projects that Sodium Nitrate will register a 3.5% CAGR in terms of revenue, reach US$ 450 million by 2023, from US$ 360 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Nitrate market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

Sodium Nitrate Crystal
Industrial Sodium Nitrate
Segmentation by application:

Glass
Explosives
Agricultural
Chemical Industry
Other
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: SQM, Shandong Haihua, Cosayach, Jianfeng Group, Sinkiang Nitrate Minerals, Linyi Luguang, Qinghai Yanhu, Shandong Xinhao, Haiye Chemical, Deepak Nitrite, ACF Nitratos, BASF, Uralchem, Sumitomo

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Sodium Nitrate consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Sodium Nitrate market by identifying its various subsegments.
Focuses on the key global Sodium Nitrate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Nitrate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Nitrate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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