European Sodium Nitrate Market Growth 2018-2023

Posted by Yash Chauhan on March 15th, 2019

Europe Sodium Nitrate Market

The Europe sodium nitrate market is driven by factors such as increasing the use of sodium nitrate in agriculture, chemical, and food & beverage industries.

Sodium nitrate is soluble in water and other solvents, and thus, it is an effective nutrient-release fertilizer. Sodium nitrate is available at a low cost as compared to all other nitrogen-based fertilizers.

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The increasing demand for penicillin in European countries acts as an opportunity for the European sodium nitrate market. Sodium nitrate is utilized in penicillin medium preparation along with other salts such as MgSO4, K3PO4, and others.

Some of the major players operating in the Europe sodium nitrate market are BASF SE, Merck KGaA, Honeywell International Inc., Union Group Chemical Company S.L., Grupa Azoty SA, abcr GmbH, URALCHEM Holding P.L.C., PJSC Concern Stirol, PJSC Severodonetsk “Azot”, Neochim Plc, and JSC «Farg’onaazot».

Europe Sodium Nitrate Market Coverage

Grade Insight and Forecast 2014-2024

  • Industrial
  • Food Grade
  • Pharmaceutical Grade

End-Use Insight and Forecast 2014-2024

  • Agriculture
  • Chemical
  • Food & Beverages
  • Pharmaceutical
  • Others

Geographical Segmentation

Sodium Nitrate Market by Country

  • Germany
  • U.K.
  • France
  • Russia
  • Ukraine
  • Rest of Europe

Source: VynZ Research

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Yash Chauhan

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Yash Chauhan
Joined: February 25th, 2019
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