The Latin America, Middle East and Africa Sodium Nitrate Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 21,426.9 Tonnes, showcasing a growth of 6.0% (2023-2030).
Sodium nitrate finds applications across various industries, showcasing its versatility and significance. One of the primary applications lies in agriculture, where sodium nitrate is a key component in fertilizers. The compound provides a valuable nitrogen source for plant growth and development. Its ability to enhance soil fertility and promote robust crop yields has led to widespread adoption by farmers. In addition to its role in agriculture, it plays a pivotal part in the food industry. It is employed as a food preservative, leveraging its antimicrobial properties to extend the shelf life of various products. The compound inhibits the growth of bacteria and prevents spoilage, ensuring the freshness and safety of processed foods. This application aligns with the growing demand for sustainable and long-lasting food solutions in a market.
Furthermore, it has applications in manufacturing explosives, with its use as an oxidizing agent in producing gunpowder. Its presence in pyrotechnics and fireworks underscores its importance in the entertainment industry. It is utilized in the pharmaceutical sector, contributing to the synthesis of various medications. Its role in the pharmaceutical industry involves applications in producing antibiotics and other pharmaceutical compounds.
According to the International Trade Administration, the UAE’s construction sector is expected to see a solid recovery in the next five years, with construction industry value growing between 3.7-4.7% according to experts. Growth will be driven by the country’s development agenda focused on growing the country’s industrial, transportation, and energy infrastructure. As part of the Projects of the 50 initiatives, the UAE government announced plans to implement a series of projects aimed at accelerating the UAE’s economic development to transform the country into a comprehensive hub for all sectors, aiming to attract $149.8 billion in foreign direct investment (FDI) over the next nine years.
The Brazil market dominated the LAMEA Sodium Nitrate Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $12,342.9 Thousands by 2030. The Argentina market is showcasing a CAGR of 5% during (2023 - 2030). Additionally, The South Africa market would register a CAGR of 6.4% 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 Brazil, Argentina, Morocco, Chile, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Sodium Nitrate Market is Projected to reach USD 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)
- Brazil
- Argentina
- South Africa
- Nigeria
- Morocco
- Chile
- Rest of LAMEA
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 LAMEA Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 4 LAMEA Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 5 LAMEA Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 8 LAMEA Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 9 LAMEA Industrial Market by Country, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Industrial Market by Country, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Industrial Market by Country, 2019 - 2022, Tonnes
TABLE 12 LAMEA Industrial Market by Country, 2023 - 2030, Tonnes
TABLE 13 LAMEA Pharmaceutical Market by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Pharmaceutical Market by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Pharmaceutical Market by Country, 2019 - 2022, Tonnes
TABLE 16 LAMEA Pharmaceutical Market by Country, 2023 - 2030, Tonnes
TABLE 17 LAMEA Food Market by Country, 2019 - 2022, USD Thousands
TABLE 18 LAMEA Food Market by Country, 2023 - 2030, USD Thousands
TABLE 19 LAMEA Food Market by Country, 2019 - 2022, Tonnes
TABLE 20 LAMEA Food Market by Country, 2023 - 2030, Tonnes
TABLE 21 LAMEA Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 22 LAMEA Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 23 LAMEA Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 24 LAMEA Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 25 LAMEA Fertilizers Market by Country, 2019 - 2022, USD Thousands
TABLE 26 LAMEA Fertilizers Market by Country, 2023 - 2030, USD Thousands
TABLE 27 LAMEA Fertilizers Market by Country, 2019 - 2022, Tonnes
TABLE 28 LAMEA Fertilizers Market by Country, 2023 - 2030, Tonnes
TABLE 29 LAMEA Chemicals Market by Country, 2019 - 2022, USD Thousands
TABLE 30 LAMEA Chemicals Market by Country, 2023 - 2030, USD Thousands
TABLE 31 LAMEA Chemicals Market by Country, 2019 - 2022, Tonnes
TABLE 32 LAMEA Chemicals Market by Country, 2023 - 2030, Tonnes
TABLE 33 LAMEA Explosives Market by Country, 2019 - 2022, USD Thousands
TABLE 34 LAMEA Explosives Market by Country, 2023 - 2030, USD Thousands
TABLE 35 LAMEA Explosives Market by Country, 2019 - 2022, Tonnes
TABLE 36 LAMEA Explosives Market by Country, 2023 - 2030, Tonnes
TABLE 37 LAMEA Glass Market by Country, 2019 - 2022, USD Thousands
TABLE 38 LAMEA Glass Market by Country, 2023 - 2030, USD Thousands
TABLE 39 LAMEA Glass Market by Country, 2019 - 2022, Tonnes
TABLE 40 LAMEA Glass Market by Country, 2023 - 2030, Tonnes
TABLE 41 LAMEA Pharmaceuticals Market by Country, 2019 - 2022, USD Thousands
TABLE 42 LAMEA Pharmaceuticals Market by Country, 2023 - 2030, USD Thousands
TABLE 43 LAMEA Pharmaceuticals Market by Country, 2019 - 2022, Tonnes
TABLE 44 LAMEA Pharmaceuticals Market by Country, 2023 - 2030, Tonnes
TABLE 45 LAMEA Food & Beverages Market by Country, 2019 - 2022, USD Thousands
TABLE 46 LAMEA Food & Beverages Market by Country, 2023 - 2030, USD Thousands
TABLE 47 LAMEA Food & Beverages Market by Country, 2019 - 2022, Tonnes
TABLE 48 LAMEA Food & Beverages Market by Country, 2023 - 2030, Tonnes
TABLE 49 LAMEA Others Market by Country, 2019 - 2022, USD Thousands
TABLE 50 LAMEA Others Market by Country, 2023 - 2030, USD Thousands
TABLE 51 LAMEA Others Market by Country, 2019 - 2022, Tonnes
TABLE 52 LAMEA Others Market by Country, 2023 - 2030, Tonnes
TABLE 53 LAMEA Sodium Nitrate Market by Country, 2019 - 2022, USD Thousands
TABLE 54 LAMEA Sodium Nitrate Market by Country, 2023 - 2030, USD Thousands
TABLE 55 LAMEA Sodium Nitrate Market by Country, 2019 - 2022, Tonnes
TABLE 56 LAMEA Sodium Nitrate Market by Country, 2023 - 2030, Tonnes
TABLE 57 Brazil Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 58 Brazil Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 59 Brazil Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 60 Brazil Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 61 Brazil Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 62 Brazil Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 63 Brazil Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 64 Brazil Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 65 Brazil Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 66 Brazil Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 67 Brazil Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 68 Brazil Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 69 Argentina Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 70 Argentina Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 71 Argentina Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 72 Argentina Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 73 Argentina Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 74 Argentina Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 75 Argentina Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 76 Argentina Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 77 Argentina Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 78 Argentina Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 79 Argentina Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 80 Argentina Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 81 South Africa Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 82 South Africa Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 83 South Africa Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 84 South Africa Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 85 South Africa Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 86 South Africa Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 87 South Africa Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 88 South Africa Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 89 South Africa Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 90 South Africa Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 91 South Africa Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 92 South Africa Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 93 Nigeria Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 94 Nigeria Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 95 Nigeria Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 96 Nigeria Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 97 Nigeria Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 98 Nigeria Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 99 Nigeria Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 100 Nigeria Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 101 Nigeria Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 102 Nigeria Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 103 Nigeria Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 104 Nigeria Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 105 Morocco Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 106 Morocco Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 107 Morocco Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 108 Morocco Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 109 Morocco Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 110 Morocco Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 111 Morocco Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 112 Morocco Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 113 Morocco Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 114 Morocco Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 115 Morocco Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 116 Morocco Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 117 Chile Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 118 Chile Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 119 Chile Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 120 Chile Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 121 Chile Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 122 Chile Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 123 Chile Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 124 Chile Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 125 Chile Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 126 Chile Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 127 Chile Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 128 Chile Sodium Nitrate Market by Application, 2023 - 2030, Tonnes
TABLE 129 Rest of LAMEA Sodium Nitrate Market, 2019 - 2022, USD Thousands
TABLE 130 Rest of LAMEA Sodium Nitrate Market, 2023 - 2030, USD Thousands
TABLE 131 Rest of LAMEA Sodium Nitrate Market, 2019 - 2022, Tonnes
TABLE 132 Rest of LAMEA Sodium Nitrate Market, 2023 - 2030, Tonnes
TABLE 133 Rest of LAMEA Sodium Nitrate Market by Grade, 2019 - 2022, USD Thousands
TABLE 134 Rest of LAMEA Sodium Nitrate Market by Grade, 2023 - 2030, USD Thousands
TABLE 135 Rest of LAMEA Sodium Nitrate Market by Grade, 2019 - 2022, Tonnes
TABLE 136 Rest of LAMEA Sodium Nitrate Market by Grade, 2023 - 2030, Tonnes
TABLE 137 Rest of LAMEA Sodium Nitrate Market by Application, 2019 - 2022, USD Thousands
TABLE 138 Rest of LAMEA Sodium Nitrate Market by Application, 2023 - 2030, USD Thousands
TABLE 139 Rest of LAMEA Sodium Nitrate Market by Application, 2019 - 2022, Tonnes
TABLE 140 Rest of LAMEA 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 LAMEA 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 LAMEA Sodium Nitrate Market share by Grade, 2022
FIG 6 LAMEA Sodium Nitrate Market share by Grade, 2030
FIG 7 LAMEA Sodium Nitrate Market by Grade, 2019 - 2030, USD Thousands
FIG 8 LAMEA Sodium Nitrate Market share by Application, 2022
FIG 9 LAMEA Sodium Nitrate Market share by Application, 2030
FIG 10 LAMEA Sodium Nitrate Market by Application, 2019 - 2030, USD Thousands
FIG 11 LAMEA Sodium Nitrate Market share by Country, 2022
FIG 12 LAMEA Sodium Nitrate Market share by Country, 2030
FIG 13 LAMEA 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