Calcium Nitrate Market Share & Industry Insight by 2028

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Calcium Nitrate Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Fertilizers, Wastewater Treatment Chemicals, Concrete Manufacturing, Explosives, and Others)

Publication Month: May 2021 | Report Code: TIPRE00003338 | No. of Pages: 145 | Category: Chemicals and Materials | Status: Published

Calcium nitrate market was valued at US$ 882.03 million in 2021 and is projected to reach US$ 1,130.94 million by 2028; it is expected to grow at a CAGR of 3.6% from 2021 to 2028.

The shipment of calcium nitrate market is expected to grow from 2,259.51 Kilo Tons in 2021 to 2,727.65 Kilo Tons by 2028, at a CAGR of 2.7% from 2021 to 2028. Calcium nitrate is synthesized chemically by treating limestone with nitric acid, followed by neutralizing the outcome with ammonia. It is produced in a granulated form and is mostly used as a nitrogen fertilizer in agriculture. The calcium nitrate-based fertilizers help enhance the uptake of magnesium, potassium, and calcium from the soil; improve the yield and quality of crop; extend the storage life of fruits; and build up resistance to diseases and pests. Calcium nitrate is also used for manufacturing concrete, explosives, and wastewater treatment chemicals. In addition, it is actively used to suppress the formation of odor in sewer networks and municipal wastewater treatment.

In 2020, Asia Pacific accounted for the largest share of the global calcium nitrate market. The region is further expected to register the highest CAGR in the market during the forecast period. The growth of the calcium nitrate market in this region is primarily attributed to the rising demand for fertilizers in crop production. Moreover, the growing use of calcium nitrate in wastewater treatment chemicals, concrete, and explosives is further bolstering its demand. The companies operating in Asia Pacific include Nutrien, Yara International ASA, Haifa Group, and Shanxi Jiaocheng Tianlong Chemical Industry Co.,Ltd.

Strategic Insights

Report Coverage - Calcium Nitrate Market
Report CoverageDetails
Market Size Value inUS$ 882.03 Million in 2021
Market Size Value byUS$ 1,130.94 Million by 2028
Growth rateCAGR of 3.6% from 2021-2028
Forecast Period2021-2028
Base Year2021
No. of Pages145
No. of Tables57
No. of Charts & Figures87
Historical data availableYes
Segments coveredApplication
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Impact of COVID-19 Pandemic on Calcium Nitrate Market

As of May 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are among the worst-affected countries in terms COVID-19 cases and deaths. The pandemic and the subsequent lockdowns, travel bans, and business shutdowns have severely impacted economies and industries in a number of countries. Chemicals & materials is one of the significant industries experiencing severe disruptions. The discontinuation of operations at manufacturing plants in North America, Europe, and APAC has hampered the global supply chains, as well as manufacturing processes, distribution schedules, and product sales. These conditions are also hindering the calcium nitrate market growth due to disrupted production and supply chains, hampered trade movements, and lowered demands, as well as suspension of new projects. The disturbed value chain has had a negative impact on raw material supply. However, as the economies are planning to revive their operations, the demand for calcium nitrate is expected to rise globally in the coming months.

Calcium Nitrate Market


Calcium Nitrate Market

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Market Insights

Wide Range of Applications for Calcium Nitrate Expected to Fuel Market Growth

Calcium nitrate is produced in a granulated form and is mostly used as a nitrogen fertilizer in agriculture. Calcium improves cell wall strength, which leads to higher-quality fruits with a longer shelf-life. It also increases heat tolerance and helps reduce the impact of heat stress experienced by plants in warmer climates. Calcium nitrate is actively used to suppress the formation of odor in sewer networks and municipal wastewater treatment plants. In these plants, the compound induces anoxic biology to inhibit the metabolic generation of odor-creating components such as hydrogen sulfide, thus eliminating foul odors. The compound also finds application in concrete manufacturing.

Application Insights

By application, the calcium nitrate market is segmented into fertilizers, wastewater treatment chemicals, concrete manufacturing, explosives, and others. The fertilizer segment held the largest share in the market in 2020. Calcium is one of the secondary nutrients required for crop production. It helps improve fruit color, luster, and consistency; soil structure and water penetration; and crop’s pest and disease resistance. Thus, it can be used as a fertilizer as well as a disease control agent. Calcium nitrate is the only compound in which calcium is available in a water-soluble form for plants. The compound boosts protein and leaf production by promoting cell formation. It also helps in the detoxification of plants by neutralizing acids. A few crops, especially fruiting ones such as tomatoes, may suffer from calcium deficiency due to heat and moisture stress; calcium nitrate is applied to such crops for nourishment, as well as disease control.

Calcium Nitrate Market, by Application – 2020 and 2028


Calcium Nitrate Market, by Application – 2020 and 2028

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A few of the major players operating in the calcium nitrate market are Nutrien; Yara International Asa; Sterling Chemicals Company; Gfs Chemicals, Inc.; Haifa Group; Uralchem Holding Plc; Rural Liquid Fertilisers; Shanxi Jiaocheng Tianlong Chemical Industry Co.,Ltd.; Prochem, Inc.; and Van Iperen International. These market players are highly focused on the development of high-quality and innovative product offerings.

Report Spotlights

  • Progressive calcium nitrate industry trends to help players develop effective long-term strategies
  • Business growth strategies adopted by companies in developed and developing markets
  • Quantitative analysis of the calcium nitrate market from 2019 to 2028
  • Estimation of global demand for calcium nitrate
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the calcium nitrate market
  • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • Detailed overview and segmentation of the market, as well as the calcium nitrate industry dynamics
  • Size of the calcium nitrate market in various regions with promising growth opportunities

Calcium Nitrate Market, by Application

  • Fertilizers
  • Wastewater Treatment Chemicals
  • Concrete Manufacturing
  • Explosives
  • Others

Company Profiles

  • NUTRIEN
  • YARA INTERNATIONAL ASA
  • STERLING CHEMICALS COMPANY
  • GFS CHEMICALS, INC.
  • HAIFA GROUP
  • URALCHEM HOLDING PLC
  • RURAL LIQUID FERTILISERS
  • SHANXI JIAOCHENG TIANLONG CHEMICAL INDUSTRY CO.,LTD.
  • PROCHEM, INC
  • VAN IPEREN INTERNATIONAL

Frequently Asked Questions

The major players operating in the global calcium nitrate market are Nutrien; Yara International Asa; Sterling Chemicals Company; Gfs Chemicals, Inc.; Haifa Group; Uralchem Holding Plc; Rural Liquid Fertilisers; Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd.; Prochem, Inc; and Van Iperen Internationalamong many others.
Calcium nitrate is synthesized chemically by treating limestone with nitric acid, followed by neutralizing the outcome with ammonia. Calcium nitrate is produced in a granulated form and is mostly used as a nitrogen fertilizer in agriculture. The calcium nitrate-based fertilizers help enhance the uptake of magnesium, potassium, and calcium from the soil; improve the yield and quality of crop; extend the storage life of fruits; and build up resistance to diseases and pests. The calcium nitrate market has been segmented based on applications such as fertilizers, wastewater treatment chemicals, concrete manufacturing, explosives, and others.
Calcium nitrate is widely used as a fertilizer as it helps enhance the uptake of magnesium, potassium, and calcium from the soil; improve the yield and quality of crop; extend the storage life of fruits; and build up resistance to diseases and pests. Further, calcium improves cell wall strength, which leads to higher-quality fruits with a longer shelf-life. It also increases heat tolerance and helps reduce the impact of heat stress experienced by plants in warmer climates. Such factors have increased the demand for calcium nitrate fertilizers in agriculture and it is expected to witness the highest growth within the forecast period.

The List of Companies - Global Calcium Nitrate Market

  1. Nutrien
  2. Yara International Asa
  3. Sterling Chemicals Company
  4. Gfs Chemicals, Inc.
  5. Haifa Group
  6. Uralchem Holding Plc
  7. Rural Liquid Fertilisers
  8. Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd.
  9. Prochem, Inc.
  10. Iperen International
  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the global calcium nitrate market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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