PUBLISHER: KBV Research | PRODUCT CODE: 1397766
PUBLISHER: KBV Research | PRODUCT CODE: 1397766
Asia Pacific Sodium Nitrate Market Size, Share & Industry Trends Analysis Report By Grade, By Application (Fertilizers, Chemicals, Explosives, Glass, Pharmaceuticals, Food & Beverages and Others), By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Sodium Nitrate Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 22,437.4 Tonnes, showcasing a growth of 5.0% (2019-2022).
Food-grade sodium nitrate is used throughout the curing process of packaged foods and to prevent botulism in long-aged meats. However, the Food and Drug Administration (FDA) prohibits the commercial use of food-grade sodium nitrate in products such as smoked meat, cooked meat, sausages, and bacon. Industrial-grade sodium nitrate is used in fertilizer production as an intermediate chemical compound and heat transfer component. It can also make explosives, construction chemicals, degreasing products, and adhesives. A significant market trend is the application of food-grade sodium nitrate as a colour fixative in cured and poultry meat products. The demand for food additives and preservatives has increased due to the expansion of regulatory food regulations aimed at ensuring food safety.
The adoption of sodium nitrate-based fertilizers is stimulated by the need for more efficient agricultural practices fuelled by population growth, urbanization, and the rising demand for food products. The ever-expanding population necessitates enhanced food production, making sodium nitrate a critical component in modern agriculture. Moreover, the growth of the chemical and pharmaceutical industries significantly contributes to adopting sodium nitrate. The demand for sodium nitrate as a raw material for the synthesis of different chemicals and pharmaceuticals increases in direct proportion to the continued expansion of these sectors.
As per Invest India, in India, the pharmaceutical industry is anticipated to increase to $65 billion by 2024 and $130 billion by 2030. One of the world's largest suppliers of inexpensive vaccines is India. India is a significant exporter of pharmaceuticals, with exports to over 200+ countries. It is utilized to synthesize certain medications, particularly antibiotics in India. The growth of the Indian pharmaceutical sector increased demand for sodium nitrate as a raw material in the synthesis of Active Pharmaceutical Ingredients. Nitration is a key step in synthesizing various pharmaceutical compounds in India, and the demand for sodium nitrate parallels the growth in pharmaceutical research and development.
The China market dominated the Asia Pacific Sodium Nitrate Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $19,477.6 Thousands by 2030. The India market is exhibiting a CAGR of 5.6% during (2023 - 2030). Additionally, The Thailand market would experience a CAGR of 5.8% during (2023 - 2030).
Based on Grade, the market is segmented into Industrial, Pharmaceutical, and Food. Based on Application, the market is segmented into Fertilizers, Chemicals, Explosives, Glass, Pharmaceuticals, Food & Beverages and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Thailand, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD), Airedale Chemical Holdings Limited, Linyi Shansong Biological Products Co., Ltd., SABIC (Saudi Arabian Oil Company), AG CHEMI GROUP s.r.o., Pon Pure Chemicals Group (Pure Chemicals Co.), Santa Cruz Biotechnology, Inc., Sumitomo Chemical Co., Ltd., and UBE Corporation.
Scope of the Study
Market Segments covered in the Report:
By Grade (Volume, Tonnes, USD Million, 2019-2030)
- Industrial
- Pharmaceutical
- Food
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Fertilizers
- Chemicals
- Explosives
- Glass
- Pharmaceuticals
- Food & Beverages
- Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Rest of Asia Pacific
Companies Profiled
- BASF SE
- Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD)
- Airedale Chemical Holdings Limited
- Linyi Shansong Biological Products Co., Ltd.
- SABIC (Saudi Arabian Oil Company)
- AG CHEMI GROUP s.r.o.
- Pon Pure Chemicals Group (Pure Chemicals Co.)
- Santa Cruz Biotechnology, Inc.
- Sumitomo Chemical Co., Ltd.
- UBE Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Sodium Nitrate Market, by Grade
- 1.4.2 Asia Pacific Sodium Nitrate Market, by Application
- 1.4.3 Asia Pacific Sodium Nitrate Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Sodium Nitrate Market by Grade
- 4.1 Asia Pacific Industrial Market by Country
- 4.2 Asia Pacific Pharmaceutical Market by Country
- 4.3 Asia Pacific Food Market by Country
Chapter 5. Asia Pacific Sodium Nitrate Market by Application
- 5.1 Asia Pacific Fertilizers Market by Country
- 5.2 Asia Pacific Chemicals Market by Country
- 5.3 Asia Pacific Explosives Market by Country
- 5.4 Asia Pacific Glass Market by Country
- 5.5 Asia Pacific Pharmaceuticals Market by Country
- 5.6 Asia Pacific Food & Beverages Market by Country
- 5.7 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Sodium Nitrate Market by Country
- 6.1 China Sodium Nitrate Market
- 6.1.1 China Sodium Nitrate Market by Grade
- 6.1.2 China Sodium Nitrate Market by Application
- 6.2 India Sodium Nitrate Market
- 6.2.1 India Sodium Nitrate Market by Grade
- 6.2.2 India Sodium Nitrate Market by Application
- 6.3 Thailand Sodium Nitrate Market
- 6.3.1 Thailand Sodium Nitrate Market by Grade
- 6.3.2 Thailand Sodium Nitrate Market by Application
- 6.4 Japan Sodium Nitrate Market
- 6.4.1 Japan Sodium Nitrate Market by Grade
- 6.4.2 Japan Sodium Nitrate Market by Application
- 6.5 South Korea Sodium Nitrate Market
- 6.5.1 South Korea Sodium Nitrate Market by Grade
- 6.5.2 South Korea Sodium Nitrate Market by Application
- 6.6 Australia Sodium Nitrate Market
- 6.6.1 Australia Sodium Nitrate Market by Grade
- 6.6.2 Australia Sodium Nitrate Market by Application
- 6.7 Rest of Asia Pacific Sodium Nitrate Market
- 6.7.1 Rest of Asia Pacific Sodium Nitrate Market by Grade
- 6.7.2 Rest of Asia Pacific Sodium Nitrate Market by Application
Chapter 7. Company Profiles
- 7.1 BASF SE
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
- 7.2 Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD)
- 7.2.1 Company Overview
- 7.2.2 SWOT Analysis
- 7.3 Airedale Chemical Holdings Limited
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 Linyi Shansong Biological Products Co., Ltd.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 SABIC (Saudi Arabian Oil Company)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 SWOT Analysis
- 7.6 AG CHEMI GROUP s r. o.
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Pon Pure Chemicals Group (Pure Chemicals Co)
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Santa Cruz Biotechnology, Inc.
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Sumitomo Chemical Co., Ltd.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
- 7.10. UBE Corporation
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 2 Asia Pacific Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 3 Asia Pacific Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 4 Asia Pacific Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 5 Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 6 Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 7 Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 8 Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 9 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Thousands
- TABLE 10 Asia Pacific Industrial Market by Country, 2023 - 2030, USD Thousands
- TABLE 11 Asia Pacific Industrial Market by Country, 2019 - 2022, Tonnes
- TABLE 12 Asia Pacific Industrial Market by Country, 2023 - 2030, Tonnes
- TABLE 13 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, USD Thousands
- TABLE 14 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, USD Thousands
- TABLE 15 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, Tonnes
- TABLE 16 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, Tonnes
- TABLE 17 Asia Pacific Food Market by Country, 2019 - 2022, USD Thousands
- TABLE 18 Asia Pacific Food Market by Country, 2023 - 2030, USD Thousands
- TABLE 19 Asia Pacific Food Market by Country, 2019 - 2022, Tonnes
- TABLE 20 Asia Pacific Food Market by Country, 2023 - 2030, Tonnes
- TABLE 21 Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 22 Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 23 Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 24 Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 25 Asia Pacific Fertilizers Market by Country, 2019 - 2022, USD Thousands
- TABLE 26 Asia Pacific Fertilizers Market by Country, 2023 - 2030, USD Thousands
- TABLE 27 Asia Pacific Fertilizers Market by Country, 2019 - 2022, Tonnes
- TABLE 28 Asia Pacific Fertilizers Market by Country, 2023 - 2030, Tonnes
- TABLE 29 Asia Pacific Chemicals Market by Country, 2019 - 2022, USD Thousands
- TABLE 30 Asia Pacific Chemicals Market by Country, 2023 - 2030, USD Thousands
- TABLE 31 Asia Pacific Chemicals Market by Country, 2019 - 2022, Tonnes
- TABLE 32 Asia Pacific Chemicals Market by Country, 2023 - 2030, Tonnes
- TABLE 33 Asia Pacific Explosives Market by Country, 2019 - 2022, USD Thousands
- TABLE 34 Asia Pacific Explosives Market by Country, 2023 - 2030, USD Thousands
- TABLE 35 Asia Pacific Explosives Market by Country, 2019 - 2022, Tonnes
- TABLE 36 Asia Pacific Explosives Market by Country, 2023 - 2030, Tonnes
- TABLE 37 Asia Pacific Glass Market by Country, 2019 - 2022, USD Thousands
- TABLE 38 Asia Pacific Glass Market by Country, 2023 - 2030, USD Thousands
- TABLE 39 Asia Pacific Glass Market by Country, 2019 - 2022, Tonnes
- TABLE 40 Asia Pacific Glass Market by Country, 2023 - 2030, Tonnes
- TABLE 41 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, USD Thousands
- TABLE 42 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, USD Thousands
- TABLE 43 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, Tonnes
- TABLE 44 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, Tonnes
- TABLE 45 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Thousands
- TABLE 46 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, USD Thousands
- TABLE 47 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, Tonnes
- TABLE 48 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, Tonnes
- TABLE 49 Asia Pacific Others Market by Country, 2019 - 2022, USD Thousands
- TABLE 50 Asia Pacific Others Market by Country, 2023 - 2030, USD Thousands
- TABLE 51 Asia Pacific Others Market by Country, 2019 - 2022, Tonnes
- TABLE 52 Asia Pacific Others Market by Country, 2023 - 2030, Tonnes
- TABLE 53 Asia Pacific Sodium Nitrate Market by Country, 2019 - 2022, USD Thousands
- TABLE 54 Asia Pacific Sodium Nitrate Market by Country, 2023 - 2030, USD Thousands
- TABLE 55 Asia Pacific Sodium Nitrate Market by Country, 2019 - 2022, Tonnes
- TABLE 56 Asia Pacific Sodium Nitrate Market by Country, 2023 - 2030, Tonnes
- TABLE 57 China Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 58 China Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 59 China Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 60 China Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 61 China Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 62 China Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 63 China Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 64 China Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 65 China Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 66 China Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 67 China Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 68 China Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 69 India Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 70 India Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 71 India Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 72 India Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 73 India Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 74 India Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 75 India Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 76 India Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 77 India Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 78 India Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 79 India Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 80 India Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 81 Thailand Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 82 Thailand Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 83 Thailand Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 84 Thailand Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 85 Thailand Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 86 Thailand Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 87 Thailand Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 88 Thailand Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 89 Thailand Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 90 Thailand Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 91 Thailand Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 92 Thailand Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 93 Japan Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 94 Japan Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 95 Japan Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 96 Japan Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 97 Japan Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 98 Japan Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 99 Japan Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 100 Japan Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 101 Japan Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 102 Japan Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 103 Japan Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 104 Japan Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 105 South Korea Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 106 South Korea Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 107 South Korea Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 108 South Korea Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 109 South Korea Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 110 South Korea Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 111 South Korea Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 112 South Korea Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 113 South Korea Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 114 South Korea Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 115 South Korea Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 116 South Korea Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 117 Australia Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 118 Australia Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 119 Australia Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 120 Australia Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 121 Australia Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 122 Australia Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 123 Australia Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 124 Australia Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 125 Australia Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 126 Australia Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 127 Australia Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 128 Australia Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 129 Rest of Asia Pacific Sodium Nitrate Market, 2019 - 2022, USD Thousands
- TABLE 130 Rest of Asia Pacific Sodium Nitrate Market, 2023 - 2030, USD Thousands
- TABLE 131 Rest of Asia Pacific Sodium Nitrate Market, 2019 - 2022, Tonnes
- TABLE 132 Rest of Asia Pacific Sodium Nitrate Market, 2023 - 2030, Tonnes
- TABLE 133 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
- TABLE 134 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
- TABLE 135 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
- TABLE 136 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
- TABLE 137 Rest of Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
- TABLE 138 Rest of Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
- TABLE 139 Rest of Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
- TABLE 140 Rest of Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
- TABLE 141 Key Information - BASF SE
- TABLE 142 Key Information - Weifang Binhai Petro-Chem Co., Ltd
- TABLE 143 Key Information - Airedale Chemical Holdings Limited
- TABLE 144 Key Information - Linyi Shansong Biological Products Co., Ltd.
- TABLE 145 Key Information - SABIC
- TABLE 146 Key Information - AG CHEMI GROUP s r. o.
- TABLE 147 Key Information - Pon Pure Chemicals Group
- TABLE 148 Key Information - Santa Cruz Biotechnology, Inc.
- TABLE 149 Key Information - Sumitomo Chemical Co., Ltd.
- TABLE 150 Key Information - UBE Corporation
