The Asia Pacific Sodium Nitrate Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 22,437.4 Tonnes, showcasing a growth of 5.0% (2019-2022).
Food-grade sodium nitrate is used throughout the curing process of packaged foods and to prevent botulism in long-aged meats. However, the Food and Drug Administration (FDA) prohibits the commercial use of food-grade sodium nitrate in products such as smoked meat, cooked meat, sausages, and bacon. Industrial-grade sodium nitrate is used in fertilizer production as an intermediate chemical compound and heat transfer component. It can also make explosives, construction chemicals, degreasing products, and adhesives. A significant market trend is the application of food-grade sodium nitrate as a colour fixative in cured and poultry meat products. The demand for food additives and preservatives has increased due to the expansion of regulatory food regulations aimed at ensuring food safety.
The adoption of sodium nitrate-based fertilizers is stimulated by the need for more efficient agricultural practices fuelled by population growth, urbanization, and the rising demand for food products. The ever-expanding population necessitates enhanced food production, making sodium nitrate a critical component in modern agriculture. Moreover, the growth of the chemical and pharmaceutical industries significantly contributes to adopting sodium nitrate. The demand for sodium nitrate as a raw material for the synthesis of different chemicals and pharmaceuticals increases in direct proportion to the continued expansion of these sectors.
As per Invest India, in India, the pharmaceutical industry is anticipated to increase to $65 billion by 2024 and $130 billion by 2030. One of the world's largest suppliers of inexpensive vaccines is India. India is a significant exporter of pharmaceuticals, with exports to over 200+ countries. It is utilized to synthesize certain medications, particularly antibiotics in India. The growth of the Indian pharmaceutical sector increased demand for sodium nitrate as a raw material in the synthesis of Active Pharmaceutical Ingredients. Nitration is a key step in synthesizing various pharmaceutical compounds in India, and the demand for sodium nitrate parallels the growth in pharmaceutical research and development.
The China market dominated the Asia Pacific Sodium Nitrate Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $19,477.6 Thousands by 2030. The India market is exhibiting a CAGR of 5.6% during (2023 - 2030). Additionally, The Thailand market would experience a CAGR of 5.8% during (2023 - 2030).
Based on Grade, the market is segmented into Industrial, Pharmaceutical, and Food. Based on Application, the market is segmented into Fertilizers, Chemicals, Explosives, Glass, Pharmaceuticals, Food & Beverages and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Thailand, and Rest of Asia Pacific.
Free Valuable Insights: The Global Sodium Nitrate Market is Predict to reach $160.1 Million by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD), Airedale Chemical Holdings Limited, Linyi Shansong Biological Products Co., Ltd., SABIC (Saudi Arabian Oil Company), AG CHEMI GROUP s.r.o., Pon Pure Chemicals Group (Pure Chemicals Co.), Santa Cruz Biotechnology, Inc., Sumitomo Chemical Co., Ltd., and UBE Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Grade (Volume, Tonnes, USD Million, 2019-2030)
- Industrial
- Pharmaceutical
- Food
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Fertilizers
- Chemicals
- Explosives
- Glass
- Pharmaceuticals
- Food & Beverages
- Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
- China
- India
- Thailand
- Japan
- South Korea
- Australia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD)
- Airedale Chemical Holdings Limited
- Linyi Shansong Biological Products Co., Ltd.
- SABIC (Saudi Arabian Oil Company)
- AG CHEMI GROUP s.r.o.
- Pon Pure Chemicals Group (Pure Chemicals Co.)
- Santa Cruz Biotechnology, Inc.
- Sumitomo Chemical Co., Ltd.
- UBE Corporation
TABLE 1 Asia Pacific Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 2 Asia Pacific Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 3 Asia Pacific Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 4 Asia Pacific Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 5 Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 6 Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 7 Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 8 Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 9 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Asia Pacific Industrial Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Asia Pacific Industrial Market by Country, 2019 - 2022, Tonnes
TABLE 12 Asia Pacific Industrial Market by Country, 2023 - 2030, Tonnes
TABLE 13 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, Tonnes
TABLE 16 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, Tonnes
TABLE 17 Asia Pacific Food Market by Country, 2019 - 2022, USD Thousands
TABLE 18 Asia Pacific Food Market by Country, 2023 - 2030, USD Thousands
TABLE 19 Asia Pacific Food Market by Country, 2019 - 2022, Tonnes
TABLE 20 Asia Pacific Food Market by Country, 2023 - 2030, Tonnes
TABLE 21 Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 22 Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 23 Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 24 Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 25 Asia Pacific Fertilizers Market by Country, 2019 - 2022, USD Thousands
TABLE 26 Asia Pacific Fertilizers Market by Country, 2023 - 2030, USD Thousands
TABLE 27 Asia Pacific Fertilizers Market by Country, 2019 - 2022, Tonnes
TABLE 28 Asia Pacific Fertilizers Market by Country, 2023 - 2030, Tonnes
TABLE 29 Asia Pacific Chemicals Market by Country, 2019 - 2022, USD Thousands
TABLE 30 Asia Pacific Chemicals Market by Country, 2023 - 2030, USD Thousands
TABLE 31 Asia Pacific Chemicals Market by Country, 2019 - 2022, Tonnes
TABLE 32 Asia Pacific Chemicals Market by Country, 2023 - 2030, Tonnes
TABLE 33 Asia Pacific Explosives Market by Country, 2019 - 2022, USD Thousands
TABLE 34 Asia Pacific Explosives Market by Country, 2023 - 2030, USD Thousands
TABLE 35 Asia Pacific Explosives Market by Country, 2019 - 2022, Tonnes
TABLE 36 Asia Pacific Explosives Market by Country, 2023 - 2030, Tonnes
TABLE 37 Asia Pacific Glass Market by Country, 2019 - 2022, USD Thousands
TABLE 38 Asia Pacific Glass Market by Country, 2023 - 2030, USD Thousands
TABLE 39 Asia Pacific Glass Market by Country, 2019 - 2022, Tonnes
TABLE 40 Asia Pacific Glass Market by Country, 2023 - 2030, Tonnes
TABLE 41 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, USD Thousands
TABLE 42 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, USD Thousands
TABLE 43 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, Tonnes
TABLE 44 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, Tonnes
TABLE 45 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Thousands
TABLE 46 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, USD Thousands
TABLE 47 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, Tonnes
TABLE 48 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, Tonnes
TABLE 49 Asia Pacific Others Market by Country, 2019 - 2022, USD Thousands
TABLE 50 Asia Pacific Others Market by Country, 2023 - 2030, USD Thousands
TABLE 51 Asia Pacific Others Market by Country, 2019 - 2022, Tonnes
TABLE 52 Asia Pacific Others Market by Country, 2023 - 2030, Tonnes
TABLE 53 Asia Pacific Sodium Nitrate Market by Country, 2019 - 2022, USD Thousands
TABLE 54 Asia Pacific Sodium Nitrate Market by Country, 2023 - 2030, USD Thousands
TABLE 55 Asia Pacific Sodium Nitrate Market by Country, 2019 - 2022, Tonnes
TABLE 56 Asia Pacific Sodium Nitrate Market by Country, 2023 - 2030, Tonnes
TABLE 57 China Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 58 China Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 59 China Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 60 China Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 61 China Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 62 China Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 63 China Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 64 China Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 65 China Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 66 China Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 67 China Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 68 China Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 69 India Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 70 India Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 71 India Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 72 India Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 73 India Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 74 India Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 75 India Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 76 India Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 77 India Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 78 India Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 79 India Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 80 India Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 81 Thailand Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 82 Thailand Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 83 Thailand Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 84 Thailand Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 85 Thailand Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 86 Thailand Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 87 Thailand Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 88 Thailand Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 89 Thailand Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 90 Thailand Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 91 Thailand Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 92 Thailand Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 93 Japan Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 94 Japan Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 95 Japan Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 96 Japan Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 97 Japan Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 98 Japan Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 99 Japan Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 100 Japan Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 101 Japan Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 102 Japan Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 103 Japan Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 104 Japan Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 105 South Korea Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 106 South Korea Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 107 South Korea Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 108 South Korea Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 109 South Korea Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 110 South Korea Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 111 South Korea Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 112 South Korea Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 113 South Korea Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 114 South Korea Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 115 South Korea Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 116 South Korea Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 117 Australia Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 118 Australia Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 119 Australia Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 120 Australia Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 121 Australia Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 122 Australia Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 123 Australia Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 124 Australia Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 125 Australia Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 126 Australia Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 127 Australia Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 128 Australia Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 129 Rest of Asia Pacific Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 130 Rest of Asia Pacific Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 131 Rest of Asia Pacific Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 132 Rest of Asia Pacific Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 133 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 134 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 135 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 136 Rest of Asia Pacific Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 137 Rest of Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 138 Rest of Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 139 Rest of Asia Pacific Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 140 Rest of Asia Pacific Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 141 Key Information – BASF SE
TABLE 142 Key Information – Weifang Binhai Petro-Chem Co., Ltd
TABLE 143 Key Information – Airedale Chemical Holdings Limited
TABLE 144 Key Information – Linyi Shansong Biological Products Co., Ltd.
TABLE 145 Key Information – SABIC
TABLE 146 Key Information – AG CHEMI GROUP s r. o.
TABLE 147 Key Information – Pon Pure Chemicals Group
TABLE 148 Key Information – Santa Cruz Biotechnology, Inc.
TABLE 149 Key Information – Sumitomo Chemical Co., Ltd.
TABLE 150 Key Information – UBE Corporation
List of Figures `
FIG 1 Methodology for the research
FIG 2 Asia Pacific Sodium Nitrate Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Sodium Nitrate Market
FIG 4 Porter’s Five Forces Analysis – Sodium Nitrate Market
FIG 5 Asia Pacific Sodium Nitrate Market share by Grade, 2022
FIG 6 Asia Pacific Sodium Nitrate Market share by Grade, 2030
FIG 7 Asia Pacific Sodium Nitrate Market by Grade, 2019 - 2030, USD Thousands
FIG 8 Asia Pacific Sodium Nitrate Market share by Application, 2022
FIG 9 Asia Pacific Sodium Nitrate Market share by Application, 2030
FIG 10 Asia Pacific Sodium Nitrate Market by Application, 2019 - 2030, USD Thousands
FIG 11 Asia Pacific Sodium Nitrate Market share by Country, 2022
FIG 12 Asia Pacific Sodium Nitrate Market share by Country, 2030
FIG 13 Asia Pacific Sodium Nitrate Market by Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: BASF SE
FIG 15 Swot Analysis: Weifang Binhai Petro-Chem Co., Ltd
FIG 16 SWOT Analysis: Airedale Chemical Holdings Limited
FIG 17 SWOT Analysis: Linyi Shansong Biological Products Co., Ltd.
FIG 18 SWOT Analysis: SABIC
FIG 19 SWOT Analysis: AG CHEMI GROUP s r. o.
FIG 20 SWOT Analysis: Pon Pure Chemicals Group
FIG 21 SWOT Analysis: Santa Cruz Biotechnology, Inc.
FIG 22 Swot Analysis: Sumitomo Chemical Co., Ltd.
FIG 23 SWOT Analysis: UBE Corporation