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Showing posts with the label Global Calcium Nitrate Industry

Calcium Nitrate Market is Expected to Reach US$ 10.18 Bn by 2020

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.  ...