Transparency Market Research has released a new market report titled “Calcium Nitrate Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”
According to the report, the global
calcium nitrate market was valued at US$ 7.37 Bn in 2013 and is
projected to reach US$ 10.18 Bn by 2020, expanding at a CAGR of 4.8% between
2014 and 2020. In terms of volume, the global calcium nitrate market stood at
14,602.1 kilo tons in 2013.
Steadily growing global demand for grain crops and increasing demand for
wastewater treatment in emerging economies is expected to boost demand for
calcium nitrate. Demand for calcium nitrate is largely driven by high
consumption of calcium nitrate fertilizers in emerging economies in Asia
Pacific and Latin America to meet their respective food requirements. However,
calcium nitrate is hygroscopic in nature and is classified as hazard class 5.1
by regulatory regimes. This could hamper the growth of the market.
Get the PDF Brochure for more
Professional and Technical industry insights @:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2301
Comments
Post a Comment