From fertilizer manufacturing to explosives, metal treatment, and chemical processing, nitric acid remains an important industrial chemical supporting multiple downstream applications. The nitric acid market was valued at USD 33.1 billion in 2025 and is estimated to reach USD 33.8 billion in 2026. The market is projected to reach USD 40.8 billion by 2033, expanding at a CAGR of 2.7% from 2026...
Agricultural productivity, food security, and the need to improve crop yields are keeping phosphate rock at the center of the fertilizer supply chain. The phosphate rock market was valued at USD 35.1 billion in 2025 and is estimated to reach USD 36.7 billion in 2026. The market is projected to reach USD 54.4 billion by 2033, expanding at a CAGR of 5.8% from 2026 to 2033. Strong fertilizer...
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