Aluminum Nitrate Nonahydrate Market Growth 2019-2024



Aluminum Nitrate Nonahydrate At present, the major manufacturers of IT are XiaXian Yunli, Strem Chemicals, Taiyuan Xinyufeng, Orrion Chemicals, Nithyasri Chemicals, Chongqing Hua’nan, Taiyuan Bohui, Thatcher Group, etc. XiaXian Yunli is the world leader, holding 18.34% production market share in 2017.

China was also the largest consumption regional market for Aluminum Nitrate Nonahydrate, with revenue exceeding 7786 K USD in 2017. North America and Europe are expected to witness demand growth at an estimated CAGR of 1.51% and 1.32% from 2013 to 2017, respectively.Aluminum Nitrate is a salt of aluminum and nitric acid, existing normally as a crystalline hydrate, most commonly as aluminum nitrate nonahydrate, Al(NO3)3·9H2O.

In application, Aluminum Nitrate Nonahydrate downstream is wide and recently Aluminum Nitrate Nonahydrate has acquired increasing significance in various fields of Organic Synthesis and others. Globally, the Aluminum Nitrate Nonahydrate market is mainly driven by growing demand for Organic Synthesis which accounts for nearly 58.67% of total downstream consumption of Aluminum Nitrate Nonahydrate.

According to this study, over the next five years the Aluminum Nitrate Nonahydrate market will register a 1.9% CAGR in terms of revenue, the global market size will reach US$ 17500 million by 2024, from US$ 15600 million in 2019. 

In particular, this Aluminum Nitrate Nonahydrate report presents the global market share (sales and revenue) of key companies in Aluminum Nitrate Nonahydrate business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Nitrate Nonahydrate market by product type, application, key manufacturers and key regions and countries.

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This study considers the Aluminum Nitrate Nonahydrate value and volume generated from the sales of the following segments:

Aluminum Nitrate Nonahydrate Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Catalyst Grade
  • Industrial Grade
  • Others

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Aluminum Nitrate Nonahydrate Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Organic Synthesis
  • Textile Industry
  • Others

Aluminum Nitrate Nonahydrate report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

Aluminum Nitrate Nonahydrate report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • XiaXian Yunli
  • Strem Chemicals
  • Taiyuan Xinyufeng
  • Orrion Chemicals
  • Nithyasri Chemicals
  • Chongqing Hua’nan
  • Taiyuan Bohui
  • Thatcher Group
  • Shijiazhuang Xuanran

In addition, this Aluminum Nitrate Nonahydrate report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Aluminum Nitrate Nonahydrate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Aluminum Nitrate Nonahydrate market by identifying its various subsegments.
  • Focuses on the key global Aluminum Nitrate Nonahydrate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Aluminum Nitrate Nonahydrate with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Aluminum Nitrate Nonahydrate submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Key questions addressed by the report

  • Where will all these developments take Aluminum Nitrate Nonahydrate in the mid- to long-term?
  • What are the upcoming technological trends in the Aluminum Nitrate Nonahydrate market?
  • What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?
  • How growth strategies implemented by key players will impact the growth rate of the Aluminum Nitrate Nonahydrate market, and who will have the undue advantage?
  • What are the current adoption trends of the Aluminum Nitrate Nonahydrate market?

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