India Calcium Nitrate Market
Calcium nitrate fertilizers contain calcium and nitrogen. These two are essential nutritious elements that plants need. The role of calcium nitrate is to increase the absorption of potassium, magnesium, and calcium from the soil while also increasing product quality. It also increases tolerance to diseases and storage life.
Strategic insights for the India Calcium Nitrate provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 36,386.16 thousand |
| Market Size by 2028 | US$ 54,050.11 thousand |
| Global CAGR (2020 - 2028) | 5.2% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered | India
|
| Market leaders and key company profiles |
The geographic scope of the India Calcium Nitrate refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The India calcium nitrate market was valued at US$ 36,386.16 thousand in 2020 and is projected to reach US$ 54,050.11 thousand by 2028; it is expected to grow at a CAGR of 5.2% from 2020 to 2028. The agriculture sector is witnessing significant transformation in India, backed by increasing population and mounting investments in agricultural infrastructures such as irrigation, warehousing, and cold storage. Application of calcium nitrate-based manures fuels protein production and leaf growth, along with promoting cell formation and neutralizing acids to help in plant detoxification. In addition to its rising demand in fertilizer manufacturing, calcium nitrate is also being used in wastewater treatment, concrete manufacturing, explosives manufacturing, and so on. In wastewater treatment processes, the compound induces anoxic biology in wastewater treatment to inhibit the metabolic generation of odor-creating components such as hydrogen sulfide, thus eliminating foul odors. It also induces autotrophic denitrification that aids in the biological dissolution of sulfide in septic wastewater. Furthermore, calcium nitrate increases the redox capacity, limiting the formation of any odor-producing compounds in anaerobic environments. Further, in concrete manufacturing, calcium nitrate is used as a multifunctional additive in mortars and concrete; it serves as a fixed accelerator, plasticizer, long-term strength enhancer, and antifreeze admixture. The type of binding material, as well as the amount of calcium nitrate, used influence the properties of the concrete mixture and the strength of hardened concrete. Furthermore, calcium nitrate is a water-soluble compound having a high mixing ability, which makes it suitable for the manufacturing of explosives. It acts as a main inorganic oxidizing ingredient in an explosive composition.
However, high cost of raw materials may hinder calcium nitrate growth in South America. Besides, COVID-19 is anticipated to cause heavy loss in India economy. Brazil has the largest COVID-19 cases in the India region, and is followed by Colombia and Argentina, among others. Disruptions in supply chain impacted the market growth negatively.
Based on application, the India calcium nitrate market is segmented into fertilizers, wastewater treatment chemicals, concrete manufacturing, explosives, and others. The fertilizers segment held the largest share of the market in 2020. Calcium nitrate is a complex, water-soluble fertilizer constituting 15.5% nitrogen (N) in a readily available form and 18.5% calcium (Ca). 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. Calcium nitrate fertilizers are the only water-soluble source of calcium available for plants. It can be used as a fertilizer as well as a disease control agent. The compound helps stabilize cell growth as well as 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 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 prevention and treatment.
A few major primary and secondary sources referred to for preparing this report on the calcium nitrate market in India are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) (Mahadhan), Indian Farmers Fertiliser Cooperative Limited (IFFCO), Yara, Anmol Chemicals Group, Gujarat State Fertilizers and Chemicals Limited (GSFC) among others.
The List of Companies - India Calcium Nitrate Market
The India Calcium Nitrate Market is valued at US$ 36,386.16 thousand in 2020, it is projected to reach US$ 54,050.11 thousand by 2028.
As per our report India Calcium Nitrate Market, the market size is valued at US$ 36,386.16 thousand in 2020, projecting it to reach US$ 54,050.11 thousand by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.
The India Calcium Nitrate Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the India Calcium Nitrate Market report:
The India Calcium Nitrate Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The India Calcium Nitrate Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the India Calcium Nitrate Market value chain can benefit from the information contained in a comprehensive market report.
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