Asia Pacific Calcium Nitrate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Fertilizers, Wastewater Treatment Chemicals, Concrete Manufacturing, Explosives, and Others)
Market Introduction
The Asia Pacific calcium nitrate market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Calcium nitrate is produced in granulated form and is mostly used as a nitrogen fertilizer in agriculture. Calcium has many important benefits for plants. It improves cell wall strength, which leads to higher-quality fruits with a longer shelf-life. Calcium also increases heat tolerance and helps to reduce the amount of heat stress experienced by plants in warmer climates. It's also used in odor-prevention wastewater pre-conditioning and set-accelerating concrete admixtures. 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. 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. Calcium nitrate can be used in molten salt mixtures. These molten salts can be used to replace thermo oil in concentrated solar power plants for heat transfer, although they're more commonly utilized for heat storage.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of calcium nitrate manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for calcium nitrate during the early months of 2020. Moreover, decline in the overall fertilizers manufacturing activities has led to discontinuation of calcium nitrate manufacturing projects, thereby reducing the demand for calcium nitrate. Similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
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Market Overview and Dynamics
The calcium nitrate market in Asia Pacific is expected to grow from US$ 485.03 million in 2021 to US$ 641.24 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. Over the last few decades, there has been a tremendous migration of people from rural areas to urban areas. As a result, there has been a huge increase in demand for acceptable sanitation, safe drinking water. Many of these facilities can help reduce the number of illnesses and deaths caused by poor health. Many countries are unable to provide effective wastewater treatment, owing to a lack of infrastructure, capital, resources, space, technology, and other factors. In 2015, approximately 2.1 billion people lacked access to safe drinking water, while 4.5 billion lacked safe sanitation facilities. The market for calcium nitrate is being driven by increasing population and urbanization. Calcium nitrate provides an anoxic biology in wastewater treatment, which inhibits the metabolism of odor-causing components like hydrogen sulphide, preventing bad odours. In municipal wastewater facilities and sewage networks, calcium nitrate has shown to be effective at removing odours. Autotrophic denitrification is aided by the addition of calcium nitrate, which helps to biologically breakdown sulphide in septic wastewater. In addition, calcium nitrate increases the potential for oxidation reduction, limiting the production of odor-producing chemicals in anaerobic environments.
Key Market Segments
Based on application, the fertilizers segment accounted for the largest share of the Asia Pacific calcium nitrate market in 2020. The fertilizers segment led the Asia Pacific calcium nitrate 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 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. Furthermore, many manufacturers are offering calcium nitrate fertilisers which improve crop quality. For instance, Yara International ASA offers YaraLiva fertilisers which are a calcium nitrate-based fertiliser range that combines fast acting nitrate nitrogen with strength-building calcium and boron, engineered for high value quality field crops to boost size, strength, appearance, and, most importantly, marketable yield.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific calcium nitrate market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Nutrien; Yara international ASA; Haifa Group; Sterling Chemicals Company, Uralchem holding PLC; Rural Liquid Fertilisers; Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd. and Van Iperen International.
Reasons to buy report
- To understand the Asia Pacific calcium nitrate market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific calcium nitrate market
- Efficiently plan M&A and partnership deals in Asia Pacific calcium nitrate market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific calcium nitrate market
- Obtain market revenue forecast for market by various segments from 2018-2028 in Asia Pacific region.
Asia Pacific Calcium Nitrate Market Segmentation
Asia Pacific Calcium Nitrate Market -By Application
- Fertilizers
- Wastewater Treatment Chemicals
- Concrete Manufacturing
- Explosives
- Others
Asia Pacific Calcium Nitrate Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Asia Pacific Calcium Nitrate Market – Company Profiles
- Nutrien
- Yara international ASA
- Sterling Chemicals Company
- Haifa Group
- Uralchem holding PLC
- Rural Liquid Fertilisers
- Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd.
- Van Iperen International
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific Calcium Nitrate Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Calcium Nitrate Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Wide Range of Usage of Calcium Nitrate
5.1.2 Incrementing Demand for Calcium Nitrate from Fertilizer Manufacturers
5.2 Market Restraints
5.2.1 Easy Availability of Substitutes
5.3 Market Opportunities
5.3.1 Increase in the Demand for Wastewater Treatment
5.4 Future Trends
5.4.1 Calcium Nitrate Application in Greenhouse Farming
5.5 Impact Analysis of Drivers and Restraint
6. Calcium Nitrate – Asia Pacific Market Analysis
6.1 Calcium Nitrate Market Overview
6.2 Calcium Nitrate Market – Revenue and Volume Forecasts to 2028 (US$ Million)
7. Asia Pacific Calcium Nitrate Market Analysis – By Application
7.1 Overview
7.2 Asia Pacific Calcium Nitrate Market Breakdown, by Application, 2020 & 2028
7.3 Fertilizers
7.3.1 Overview
7.3.2 Fertilizers: Asia Pacific Calcium Nitrate Market, Revenue and Volume Forecasts to 2028 (US$ Million) (Kilo Tons)
7.3.3 Fertilizers: Asia Pacific Calcium Nitrate Market, Revenue and Forecast to 2028 (US$ Million)
7.3.4 Fertilizers: Asia Pacific Calcium Nitrate Market, Volume Forecast to 2028 (Kilo Tons)
7.4 Wastewater Treatment Chemicals
7.4.1 Overview
7.4.2 Wastewater Treatment Chemicals: Asia Pacific Calcium Nitrate Market, Revenue and Volume Forecasts to 2028 (US$ Million) (Kilo Tons)
7.4.3 Wastewater Treatment Chemicals: Asia Pacific Calcium Nitrate Market, Revenue and Forecast to 2028 (US$ Million)
7.4.4 Wastewater Treatment Chemicals: Asia Pacific Calcium Nitrate Market, Volume Forecast to 2028 (Kilo Tons)
7.5 Concrete Manufacturing
7.5.1 Overview
7.5.2 Concrete Manufacturing: Asia Pacific Calcium Nitrate Market, Revenue and Volume Forecasts to 2028 (US$ Million) (Kilo Tons)
7.5.3 Concrete Manufacturing: Asia Pacific Calcium Nitrate Market, Revenue and Forecast to 2028 (US$ Million)
7.5.4 Concrete Manufacturing: Asia Pacific Calcium Nitrate Market, Volume Forecast to 2028 (Kilo Tons)
7.6 Explosives
7.6.1 Overview
7.6.2 Explosives: Asia Pacific Calcium Nitrate Market, Revenue and Volume Forecasts to 2028 (US$ Million) (Kilo Tons)
7.6.3 Explosives: Asia Pacific Calcium Nitrate Market, Revenue and Forecast to 2028 (US$ Million)
7.6.4 Explosives: Asia Pacific Calcium Nitrate Market, Volume Forecast to 2028 (Kilo Tons)
7.7 Others
7.7.1 Overview
7.7.2 Others: Asia Pacific Calcium Nitrate Market, Revenue and Volume Forecasts to 2028 (US$ Million) (Kilo Tons)
7.7.3 Others: Asia Pacific Calcium Nitrate Market, Revenue and Forecast to 2028 (US$ Million)
7.7.4 Others: Asia Pacific Calcium Nitrate Market, Volume Forecast to 2028 (Kilo Tons)
8. Asia Pacific Calcium Nitrate Market – Country Analysis
8.1 Asia Pacific: Calcium Nitrate Market
8.1.1 Asia Pacific: Calcium Nitrate Market, by Key Country
8.1.1.1 China: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 China: Calcium Nitrate Market, Application
8.1.1.2 Australia: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 Australia: Calcium Nitrate Market, Application
8.1.1.3 Japan: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 Japan: Calcium Nitrate Market, Application
8.1.1.4 India: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 India: Calcium Nitrate Market, Application
8.1.1.5 South Korea: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.5.1 South Korea: Calcium Nitrate Market, Application
8.1.1.6 Rest of Asia Pacific: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of Asia Pacific: Calcium Nitrate Market, Application
9. Impact of COVID-19 Pandemic on Asia Pacific Calcium Nitrate Market
9.1 Impact of COVID-19 on Calcium Nitrate Market
9.2 APAC: Impact Assessment of COVID-19 Pandemic
10. Company Profiles
10.1 Nutrien
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Yara international ASA
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Sterling Chemicals Company
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Haifa Group
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Uralchem holding PLC
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Rural Liquid Fertilisers
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Shanxi Jiaocheng Tianlong Chemical Industry Co.,Ltd.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Van Iperen International
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Calcium Nitrate Market –Revenue Forecast to 2028 (US$ Million)
Table 2. Asia Pacific Calcium Nitrate Market – Volume Forecast to 2028 (Kilo Tons)
Table 3. China Calcium Nitrate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. China Calcium Nitrate Market, by Application – Volume and Forecast to 2028 (Kilo Tons)
Table 5. Australia Calcium Nitrate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Australia Calcium Nitrate Market, by Application – Volume and Forecast to 2028 (Kilo Tons)
Table 7. Japan Calcium Nitrate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Japan Calcium Nitrate Market, by Application – Volume and Forecast to 2028 (Kilo Tons)
Table 9. India Calcium Nitrate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. India Calcium Nitrate Market, by Application – Volume and Forecast to 2028 (Kilo Tons)
Table 11. South Korea Calcium Nitrate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 12. South Korea Calcium Nitrate Market, by Application – Volume and Forecast to 2028 (Kilo Tons)
Table 13. Rest of Asia Pacific Calcium Nitrate Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of Asia Pacific Calcium Nitrate Market, by Application – Volume and Forecast to 2028 (Kilo Tons)
Table 15. Glossary of Terms, Asia Pacific Calcium Nitrate Market
LIST OF FIGURES
Figure 1. Calcium Nitrate Market Segmentation
Figure 2. Asia Pacific Calcium Nitrate Market Segmentation – By Country
Figure 3. Asia Pacific Calcium Nitrate Market Overview
Figure 4. Fertilizers Segment Held Largest Share of Asia Pacific Calcium Nitrate Market
Figure 5. China Held Largest Share of Asia Pacific Calcium Nitrate Market
Figure 6. Asia Pacific Calcium Nitrate Market, Key Market Players
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Calcium Nitrate Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific: Calcium Nitrate Market – Revenue Forecast to 2028 (US$ Million)
Figure 11. Asia Pacific: Calcium Nitrate Market – Volume Forecast to 2028 (Kilo Tons)
Figure 12. Asia Pacific Calcium Nitrate Market Breakdown, By Application, 2020 & 2028 (%)
Figure 13. Asia Pacific: Calcium Nitrate Market, by Key Country – Revenue (2020) (USD Million)
Figure 14. Asia Pacific: Calcium Nitrate Market Revenue Share, by Key Country (2020 and 2028)
Figure 15. China: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
Figure 16. China: Calcium Nitrate Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 17. Australia: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
Figure 18. Australia: Calcium Nitrate Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 19. Japan: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
Figure 20. Japan: Calcium Nitrate Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 21. India: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
Figure 22. India: Calcium Nitrate Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 23. South Korea: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. South Korea: Calcium Nitrate Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 25. Rest of Asia Pacific: Calcium Nitrate Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Asia Pacific: Calcium Nitrate Market –Volume and Forecast to 2028 (Kilo Tons)
Figure 27. Impact of COVID-19 Pandemic on Calcium Nitrate Market in APAC
- Nutrien
- Yara international ASA
- Sterling Chemicals Company
- Haifa Group
- Uralchem holding PLC
- Rural Liquid Fertilisers
- Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd.
- Van Iperen International
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific calcium nitrate market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific calcium nitrate market, as well as those hindering it
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