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At a CAGR of 4.9% from 2023 to 2030, the global sodium nitrite market is expected to be worth around USD 241.69 million by the end of that period. Antioxidant and curing salt sodium nitrite is used for a variety of cured meats including hot dogs, bacon, and ham. Botulism-causing bacteria development is stymied and spoiling is avoided thanks to this salt. Furthermore, it imparts the signature flavor and color to cured meats. The European Union (EU) has assigned it the code of E250. An ADI of 0–0.06 mg/kg has been established by the Food and Agriculture Organization's (FAO) expert committee on food additives. The United States Department of Agriculture (USDA) specifies that the final product's sodium nitrite concentration cannot go above 200 parts per million. Sweden, Norway, Germany, and Canada all have bans on the use of sodium nitrite.
Black powder is the active ingredient in pyrotechnics and black explosives. To reduce the explosiveness of this powder's combustion, an extra ingredient is needed. Because of its low price, lack of toxicity, absence of noxious properties, and stability, sodium nitrate is a common ingredient in black powder. As a result, it's being put to use in the explosives business. The fertilizer and explosives industries, in particular, have a significant impact on both sodium nitrate use and production. Fertilizers and fertilizer additives contain a number of chemicals that can have a negative impact on groundwater that is used for drinking and other vital activities, increasing the risk of a number of illnesses. For instance, infants can get sick from drinking nitrate-tainted water and develop blue baby syndrome. As a result, it has the potential to slow the expansion of the sodium nitrate industry.
Pyrotechnics and smoke bombs rely on black powder. Additional chemicals that slow the powder's burning rate are necessary. Because of its low price and high stability, sodium nitrate is a common ingredient in black powder. It can also increase the rate at which flammable substances burn. This makes it perfect for use as an explosive and solid rocket propellant. The need for high-quality sodium nitrate in manufacturing and the glass industry is growing. High-strength, chemically stable glasses are made using sodium nitrate in a two-step process. Putting polished glass in a sodium nitrate bath helps to reinforce it. As a result of these various forces, the global market for sodium nitrate is expanding at a rapid rate.
Organic farming practices are being adopted by small-scale farmers in developing economies in response to a global demand for organic products. Rising knowledge among farmers about the dangers of chemical fertilizers is driving rapid expansion in emerging economies like Brazil, China, India, and Argentina. In an effort to move away from conventional farming methods, several countries are investing heavily in organic production. Japan and South Korea both had sizable markets for organic packaged food goods in the Asia-Pacific region. Significant progress, however, has been made in several countries, notably China and India. Agriculture in these countries is moving its emphasis from exports to domestic consumption. The government's encouragement of organic farming is also crucial. In 2017, the Thai government initiated a massive program to help farmers acquire organic seeds, cut down on their use of pesticides, and construct physical barriers to keep their crops clean from those of their neighbors. The objective of this program is to reduce the amount of land used for conventional rice farming by 1 million rai (160,000 ha) by the year 2022. when a result, market participants should expect substantial growth prospects when emerging economies make the switch to organic farming practices.
Colorectal cancer, non-Hodgkin lymphoma, heart disease, leukemia, and malignancies of the stomach, ovary, pancreas, esophagus, and thyroid have all been linked to excessive sodium nitrate use. Some processed meats, like jerky, bacon, and luncheon meats, are preserved using sodium nitrate. The possibility of developing heart problems as a result of this is increased. Nitrates may potentially contribute to diabetes by altering the way the body processes sugar. The potential negative effects of sodium nitrate on human health could function as a market restraint.
The new coronavirus pandemic is unprecedented, having impacted over 180 nations with devastating human and economic costs. As a result of the COVID-19 epidemic, the food, explosives, and glass end-use industries' demand for sodium nitrate has dropped slightly. High-strength, chemically stable glasses are made using sodium nitrate in a two-step process. Putting polished glass in a sodium nitrate bath can make it stronger. Moreover, it enhances the surface properties and chemical resilience of glass. Scratch resistance, enhanced bending strength, and temperature stability are just some of the benefits of chemically toughened glass. The glass industry has taken a hit from the COVID-19 epidemic as a result of the temporary shutdown of production sites to comply with government-ordered lockdown procedures. However, in 2021, the glass industry recovered its development thanks to standardized locking mechanisms.
Report Coverage
Global Sodium Nitrate research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sodium Nitrate report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sodium Nitrate competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sodium Nitrate market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sodium Nitrate market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sodium Nitrate market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE (Germany), Airedale Chemical (UK), SNDB (India), Shandong Haihua Group (China), Shandong Xin Hao Chemical Co., Ltd (China), Radiant Indus Chem Pvt. Ltd(India), Nilkanth Organics (India), Yingfengyuan Industrial Group Limited (China), SINOY GROUP LIMITED (China), Anmol Chemicals (India), and The Deepak Group (India), Hach, Alfa Aesar, Aldebaran Sistemas, Santa Cruz Biotechnology, Inc., UBE Industries Ltd., American Elements, BASF SE, .Pon Pure Chemicals Group, AG CHEMI GROUP s.r.o, Sumitomo Chemical Co. Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sodium Nitrate market based on the below-mentioned segments:
Global Sodium Nitrate Market, By Type
Food-grade
Industrial Grade
Global Sodium Nitrate market, By Application
Food Processing
Others
Global Sodium Nitrate market, Regional Analysis
Black powder is the active ingredient in pyrotechnics and black explosives. To reduce the explosiveness of this powder's combustion, an extra ingredient is needed. Because of its low price, lack of toxicity, absence of noxious properties, and stability, sodium nitrate is a common ingredient in black powder. As a result, it's being put to use in the explosives business. The fertilizer and explosives industries, in particular, have a significant impact on both sodium nitrate use and production. Fertilizers and fertilizer additives contain a number of chemicals that can have a negative impact on groundwater that is used for drinking and other vital activities, increasing the risk of a number of illnesses. For instance, infants can get sick from drinking nitrate-tainted water and develop blue baby syndrome. As a result, it has the potential to slow the expansion of the sodium nitrate industry.
Pyrotechnics and smoke bombs rely on black powder. Additional chemicals that slow the powder's burning rate are necessary. Because of its low price and high stability, sodium nitrate is a common ingredient in black powder. It can also increase the rate at which flammable substances burn. This makes it perfect for use as an explosive and solid rocket propellant. The need for high-quality sodium nitrate in manufacturing and the glass industry is growing. High-strength, chemically stable glasses are made using sodium nitrate in a two-step process. Putting polished glass in a sodium nitrate bath helps to reinforce it. As a result of these various forces, the global market for sodium nitrate is expanding at a rapid rate.
Organic farming practices are being adopted by small-scale farmers in developing economies in response to a global demand for organic products. Rising knowledge among farmers about the dangers of chemical fertilizers is driving rapid expansion in emerging economies like Brazil, China, India, and Argentina. In an effort to move away from conventional farming methods, several countries are investing heavily in organic production. Japan and South Korea both had sizable markets for organic packaged food goods in the Asia-Pacific region. Significant progress, however, has been made in several countries, notably China and India. Agriculture in these countries is moving its emphasis from exports to domestic consumption. The government's encouragement of organic farming is also crucial. In 2017, the Thai government initiated a massive program to help farmers acquire organic seeds, cut down on their use of pesticides, and construct physical barriers to keep their crops clean from those of their neighbors. The objective of this program is to reduce the amount of land used for conventional rice farming by 1 million rai (160,000 ha) by the year 2022. when a result, market participants should expect substantial growth prospects when emerging economies make the switch to organic farming practices.
Colorectal cancer, non-Hodgkin lymphoma, heart disease, leukemia, and malignancies of the stomach, ovary, pancreas, esophagus, and thyroid have all been linked to excessive sodium nitrate use. Some processed meats, like jerky, bacon, and luncheon meats, are preserved using sodium nitrate. The possibility of developing heart problems as a result of this is increased. Nitrates may potentially contribute to diabetes by altering the way the body processes sugar. The potential negative effects of sodium nitrate on human health could function as a market restraint.
The new coronavirus pandemic is unprecedented, having impacted over 180 nations with devastating human and economic costs. As a result of the COVID-19 epidemic, the food, explosives, and glass end-use industries' demand for sodium nitrate has dropped slightly. High-strength, chemically stable glasses are made using sodium nitrate in a two-step process. Putting polished glass in a sodium nitrate bath can make it stronger. Moreover, it enhances the surface properties and chemical resilience of glass. Scratch resistance, enhanced bending strength, and temperature stability are just some of the benefits of chemically toughened glass. The glass industry has taken a hit from the COVID-19 epidemic as a result of the temporary shutdown of production sites to comply with government-ordered lockdown procedures. However, in 2021, the glass industry recovered its development thanks to standardized locking mechanisms.
Report Coverage
Global Sodium Nitrate research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sodium Nitrate report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sodium Nitrate competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sodium Nitrate market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF SE (Germany), Airedale Chemical (UK), SNDB (India), Shandong Haihua Group (China), Shandong Xin Hao Chemical Co., Ltd (China), Radiant Indus Chem Pvt. Ltd(India), Nilkanth Organics (India), Yingfengyuan Industrial Group Limited (China), SINOY GROUP LIMITED (China), Anmol Chemicals (India), and The Deepak Group (India), Hach, Alfa Aesar, Aldebaran Sistemas, Santa Cruz Biotechnology, Inc., UBE Industries Ltd., American Elements, BASF SE, .Pon Pure Chemicals Group, AG CHEMI GROUP s.r.o, Sumitomo Chemical Co. Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Sodium Nitrate Market from 2021 to 2030.
- Market Forecast for Sodium Nitrate Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Sodium Nitrate competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Sodium Nitrate
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sodium Nitrate market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sodium Nitrate market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF SE (Germany), Airedale Chemical (UK), SNDB (India), Shandong Haihua Group (China), Shandong Xin Hao Chemical Co., Ltd (China), Radiant Indus Chem Pvt. Ltd(India), Nilkanth Organics (India), Yingfengyuan Industrial Group Limited (China), SINOY GROUP LIMITED (China), Anmol Chemicals (India), and The Deepak Group (India), Hach, Alfa Aesar, Aldebaran Sistemas, Santa Cruz Biotechnology, Inc., UBE Industries Ltd., American Elements, BASF SE, .Pon Pure Chemicals Group, AG CHEMI GROUP s.r.o, Sumitomo Chemical Co. Ltd.
Primary Target Market
- Market Players of Sodium Nitrate
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sodium Nitrate market based on the below-mentioned segments:
Global Sodium Nitrate Market, By Type
Food-grade
Industrial Grade
Global Sodium Nitrate market, By Application
Food Processing
Others
Global Sodium Nitrate market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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