Market Overview:
The global ceric ammonium nitrate market reached a value of US$ 164.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 239.66 Million by 2027 exhibiting a CAGR of 6.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Ceric ammonium nitrate is a water-soluble, inorganic compound prepared by electrolytic oxidation of cerous nitrate in nitric acid followed by treatment with ammonium nitrate solution. It acts as a catalyst in the polymerization of olefins and is used in the organic oxidation reaction of electrophilic radicals to alkenes, secondary alcohols into ketones, and benzylic alcohols into aldehydes. It is also utilized in the production of chrome etchant, which is a vital component of electronic items.
Ceric Ammonium Nitrate Market Trends:
Ceric ammonium nitrate presently finds application as a vital feedstock in different end use industries worldwide. This represents one of the key factors impelling the market growth. Apart from this, the expanding usage of oxo-alcohols in the manufacturing of polyvinyl chloride (PVC) products, printing inks, paints, coatings, adhesives, lubricants, diesel additives, and drugs is contributing to the market growth. Moreover, catalytic amounts of aqueous ceric ammonium nitrate are used in tap water to synthesize various quinoxaline derivates efficiently. In addition, as the synthesis of quinoxaline derivates has many disadvantages, ceric ammonium nitrate is gaining traction as an inexpensive and non-toxic solution around the world. Besides this, the escalating demand for LCDs in portable electronic games, digital cameras and camcorders, video projection systems, electronic billboards, computers, and flat-panel televisions (TVs) is creating a favorable outlook for the market. Furthermore, the growing popularity of smart homes and miniature electronics is driving the utilization of photomasks, which, in turn, is catalyzing the demand for ceric ammonium nitrate across the globe. The leading market players are also developing high-grade, reliable products that can be used to produce ceramics, glass, pharma items, pigments, textiles, paper, and specialty and fine chemicals, which is projected to influence the market positively.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global ceric ammonium nitrate market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and application.
Breakup by Type:
- Neutralization Method
- Conversion Method
Breakup by Application:
- Laboratory Chemicals
- Photomasks
- Liquids Crystal Displays
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Absco Limited, Blue Line Corporation, Merck KGaA, Otto Chemie Pvt. Ltd., Oxford Lab Fine Chem LLP, Santa Cruz Biotechnology Inc., Suvchem, TCI Chemicals (India) Private Limited, Thomas Scientific (The Carlyle Group), Toronto Research Chemicals Inc. and Uranus Chemicals Co. Ltd.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Type, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Absco Limited, Blue Line Corporation, Merck KGaA, Otto Chemie Pvt. Ltd., Oxford Lab Fine Chem LLP, Santa Cruz Biotechnology Inc., Suvchem, TCI Chemicals (India) Private Limited, Thomas Scientific (The Carlyle Group), Toronto Research Chemicals Inc. and Uranus Chemicals Co. Ltd. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global ceric ammonium nitrate market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global ceric ammonium nitrate market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global ceric ammonium nitrate market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Ceric Ammonium Nitrate Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Neutralization Method
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Conversion Method
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Laboratory Chemicals
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Photomasks
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Liquids Crystal Displays
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Absco Limited
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Blue Line Corporation
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Merck KGaA
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.3.4 SWOT Analysis
13.3.4 Otto Chemie Pvt. Ltd.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Oxford Lab Fine Chem LLP
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Santa Cruz Biotechnology Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Suvchem
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 TCI Chemicals (India) Private Limited
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Thomas Scientific (The Carlyle Group)
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Toronto Research Chemicals Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Uranus Chemicals Co. Ltd.
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Ceric Ammonium Nitrate Market: Major Drivers and Challenges
Figure 2: Global: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Ceric Ammonium Nitrate Market: Breakup by Type (in %), 2021
Figure 5: Global: Ceric Ammonium Nitrate Market: Breakup by Application (in %), 2021
Figure 6: Global: Ceric Ammonium Nitrate Market: Breakup by Region (in %), 2021
Figure 7: Global: Ceric Ammonium Nitrate (Neutralization Method) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Ceric Ammonium Nitrate (Neutralization Method) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Ceric Ammonium Nitrate (Conversion Method) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Ceric Ammonium Nitrate (Conversion Method) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Ceric Ammonium Nitrate (Laboratory Chemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Ceric Ammonium Nitrate (Laboratory Chemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Ceric Ammonium Nitrate (Photomasks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Ceric Ammonium Nitrate (Photomasks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Ceric Ammonium Nitrate (Liquids Crystal Displays) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Ceric Ammonium Nitrate (Liquids Crystal Displays) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Ceric Ammonium Nitrate (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Ceric Ammonium Nitrate (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: United States: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Canada: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Canada: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Asia-Pacific: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Asia-Pacific: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: China: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: China: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Japan: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Japan: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: India: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: India: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: South Korea: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: South Korea: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Australia: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Australia: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Indonesia: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Indonesia: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Others: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Others: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Europe: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Europe: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Germany: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Germany: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: France: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: France: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United Kingdom: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United Kingdom: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Italy: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Italy: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Spain: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Spain: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Russia: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Russia: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Latin America: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Latin America: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Brazil: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Brazil: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Mexico: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Mexico: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Middle East and Africa: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Middle East and Africa: Ceric Ammonium Nitrate Market: Breakup by Country (in %), 2021
Figure 67: Middle East and Africa: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Global: Ceric Ammonium Nitrate Industry: SWOT Analysis
Figure 69: Global: Ceric Ammonium Nitrate Industry: Value Chain Analysis
Figure 70: Global: Ceric Ammonium Nitrate Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Ceric Ammonium Nitrate Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Ceric Ammonium Nitrate Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Ceric Ammonium Nitrate Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Ceric Ammonium Nitrate Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Ceric Ammonium Nitrate Market: Competitive Structure
Table 6: Global: Ceric Ammonium Nitrate Market: Key Players