Sodium nitrate is a type of alkali metal nitrate salt, also popularly known as Chile saltpeter (as large deposits of this salt are found in Chile) to differentiate it from ordinary saltpeter and potassium nitrate. It is a white, crystalline solid and though it is non-combustible, it increases the burning rate of combustible materials. Large quantities of sodium nitrate result in fires, or explosions in cases where the combustible material is finely divided. Sodium nitrate finds important applications in solid propellants, explosives and chemical fertilizers, apart from many other uses. It also finds important applications in several reactions carried out on industrial scales for the manufacture of chemical fertilizers, pyrotechnics and smoke bombs, glass and pottery enamels, preservatives for food applications and in the manufacture of solid rocket propellants.
Sodium nitrate is also used as a color fixative in cured meats and poultry. It finds application as an oxidizer in fireworks, thereby substituting potassium nitrate commonly found in black powder, and as a component in instant cold packs.
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Rising demand from the food and beverages industry
In recent times, there has been a rise in the demand for food preservatives from the rapidly growing food & beverage industry. Preservation of processed food has been gaining importance over the past few years. Sodium nitrate is being increasingly used as a preservative in specific processed meats, such as bacon, jerky and luncheon meats. Moreover, the volume of processed food & beverage consumed has been rising exponentially, which can be primarily attributed to the rising population with high income groups, especially in developing economies. These factors have been largely contributing to market growth.
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Competition Outlook
Some of the key manufacturers operating in the global sodium nitrate market include BASF SE, Merck KGaA, Grupa Azoty, Sumitomo Chemical Co., Ltd., and Avantor Performance Materials, Inc. Some of the other producers of sodium nitrate include Deepak Nitrite, Ricca Chemical Company and LabChem, among others.
Sodium Nitrate Vendors:
- BASF SE
- Honeywell International Inc.
- Merck KGaA
- Grupa Azoty
- Sumitomo Chemical Co., Ltd.
- Avantor Performance Materials, Inc.
- American Elements
- Graham Chemical Corporation
- SQM
- Pure Chemicals
Sodium Nitrate Vendors:
- Deepak Nitrite Ltd.
- Ricca Chemical Company
- LabChem
- Jost Chemical Co.
- Rashtriya Chemicals & Fertilizers Limited
- Brenntag Nederland BV
- Allan Chemical Corporation
- Universal Preserve-a-Chem Inc.
- Santa Cruz Biotechnology, Inc.
- Fisher Scientific
Vendor Developments
In August 2017, Deepak Nitrite Ltd. – an Indian manufacturer – filed a legal petition seeking review investigations on sodium nitrite imports from China into India. This was further supported by some other manufacturers operating in the country to protect their business interests pertaining to sodium nitrate in the country. The result has been that the country’s Ministry of Finance has imposed a five year anti-dumping duty on sodium nitrite imports from China, thereby providing a favorable judgment to the petitioners.
Key data points covered in report
The report covers exhaustive analysis on:
- Sodium nitrate market by grade, end use industry and region
- Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by test type, end user and country segments
- Sodium nitrate market dynamics & opportunity assessment
- Volume consumption of sodium nitrate at regional level
- Regional level average cost of sodium nitrate
- Historical actual market Size, 2013 – 2017
- Sodium nitrate market Size & Forecast 2018 – 2028
- Sodium nitrate market current trends/issues/challenges
- Competition & companies involved
Research Methodology
The market sizing of sodium nitrate will be done by adopting the data triangulation approach. The demand side approach will be followed to assess the actual market size of sodium nitrate. Secondary research is used during the initial phase to identify the feasibility of target products/technology categories and their respective segments, product and service offerings, investment base in manufacturing facilities, adoption rate and future impact of new technologies. Additionally, regional consumption of sodium nitrate among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analyzed during the entire research project, which builds a strong base for primary research information.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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Market by grade
- Industry grade sodium nitrate
- Food grade sodium nitrate
- Pharmaceutical grade sodium nitrate
Market by end use industry
- Fertilizers
- Pharmaceutical & Healthcare
- Explosives
- Food & Beverage
- Others
Market by Region
- North America
- Latin America
- Europe
- China
- Japan
- South East Asia (SEA) & Other Asia Pacific (APAC)
- Middle East & Africa
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