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Market Research Report
Global Bismuth Nitrate Market 2018-2022 |
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Published by | TechNavio (Infiniti Research Ltd.) | Product code | 763583 | ||||
Published | Content info | 100 Pages Delivery time: 1-2 business days |
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Global Bismuth Nitrate Market 2018-2022 | ||
Published: November 29, 2018 | Content info: 100 Pages |
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Increasing use of environment-friendly nitrating agent to trend in the market. Bismuth nitrate is used as nitrating agent in laboratory applications as it is non-toxic, inexpensive, easy to handle, and insensitive to air. Technavio's analysts have predicted that the bismuth nitrate market will register a CAGR of close to 5% by 2022.
Bismuth nitrate can be easily manufactured by treating bismuth metal and concentrated nitric acid. It can be manufactured both industrially and commercially without depending on latest technologies or equipment.
Bismuth nitrate is a moderate to highly concentrated liquid solution that can be extremely hazardous if ingested.
For the detailed list of factors that will drive and challenge the growth of the bismuth nitrate market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including ProChem and Thermo Fisher Scientific the competitive environment is quite intense. Factors such as the increasing use of environment-friendly nitrating agent and the easy production process, will provide considerable growth opportunities to bismuth nitrate manufactures. American Elements, Avantor, GFS Chemical, Merck, ProChem, and Thermo Fisher Scientific are some of the major companies covered in this report.