The global market size of nitric acid stood at some 29.6 billion U.S. dollars in 2021. Over the next decade, this figure is forecast to undergo continual growth, reaching 39.7 billion U.S. dollars by 2030. This would represent an increase of approximately 34 percent in comparison to 2021 values.
Market size of nitric acid worldwide in 2021, with a forecast until 2030
(in billion U.S. dollars)
* Forecast based on a CAGR of 3.32 percent from 2022 to 2030.
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Precedence Research. (December 9, 2022). Market size of nitric acid worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1349751/nitric-acid-global-market-size/
Precedence Research. "Market size of nitric acid worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars)." Chart. December 9, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1349751/nitric-acid-global-market-size/
Precedence Research. (2022). Market size of nitric acid worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1349751/nitric-acid-global-market-size/
Precedence Research. "Market Size of Nitric Acid Worldwide in 2021, with a Forecast until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Dec 2022, https://www.statista.com/statistics/1349751/nitric-acid-global-market-size/
Precedence Research, Market size of nitric acid worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1349751/nitric-acid-global-market-size/ (last visited November 22, 2024)
Market size of nitric acid worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars) [Graph], Precedence Research, December 9, 2022. [Online]. Available: https://www.statista.com/statistics/1349751/nitric-acid-global-market-size/
