Silver Nitrate Market
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Global <strong>Silver</strong> <strong>Nitrate</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2015<br />
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Report Description<br />
<strong>Silver</strong> <strong>Nitrate</strong> <strong>Market</strong>: Overview<br />
Sliver <strong>Nitrate</strong>, a silver salt raw material, is one of the most important chemical compound<br />
due to its varied industrial and commercial applications. <strong>Silver</strong> nitrate compound have an<br />
important presence in medical & healthcare, photography & jewelry, glass coating and<br />
other applications. Besides important chemical properties such as stability to light,<br />
solubility in water and non-hygroscopic nature, silver nitrate have competitive advantage<br />
of being the least expensive of the silver salts, making the silver nitrate market lucrative.<br />
The past trends reveals high growth rates in the silver nitrate market due to extensive use<br />
of silver nitrate as photographic emulsions and as an agent to remove copper oxide<br />
firescale from silver articles. <strong>Silver</strong> nitrate is an important antiseptic, disinfectant, and is<br />
also used for glass coating to manufacture shiny mirrors. A large portion of silver<br />
consumed globally goes into the production of silver nitrate compounds. <strong>Silver</strong> nitrate is<br />
produced by a chemical reaction between silver and nitric acid, further it acts as an<br />
intermediate chemical, from which other silver compounds are made and thus possesses<br />
important laboratory applications. However, the silver nitrate market has encountered a<br />
decline in growth rate in past decade, which is majorly due to reduced use of silver<br />
nitrate in photographic applications. The silver nitrate market possess strict government<br />
norms and regulations due to its toxic nature. It can cause adverse effects to humans and<br />
environment, especially has severe danger to fish and other aquatic organisms.
Report Description<br />
<strong>Silver</strong> <strong>Nitrate</strong> <strong>Market</strong>: Drivers and Restraints<br />
A wide range of industrial and commercial applications makes silver nitrate an important<br />
chemical compound commercially and is a driver for the global silver nitrate market. Easy<br />
availability and low cost of the compound further fuels the growth of silver nitrate<br />
market. Growing medical & healthcare industry also tends to surge the demand for silver<br />
nitrate and compounds.<br />
However stringent government norms and regulations, varying from region to region<br />
hinders the growth of the silver nitrate market, also the persisting economic downturns<br />
tends to hamper growth of the market.<br />
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<strong>Silver</strong> <strong>Nitrate</strong> <strong>Market</strong>: Segmentation<br />
On the basis of the Grade of the compound, the silver nitrate market is segmented as:<br />
Analytical Reagent Grade (ACS)<br />
Active Pharmaceutical Ingredient Grade (API)<br />
Photographic Grade
Report Description<br />
On the basis of Applications, the silver nitrate market is segmented as:<br />
Photography & Jewelry<br />
Medicine & Healthcare<br />
Glass Coating<br />
Others (Laboratory, Ceramics etc.)<br />
<strong>Silver</strong> <strong>Nitrate</strong> <strong>Market</strong>: Region-wise Outlook<br />
The silver nitrate market on basis of region is segmented into North America, Latin<br />
America, Europe, Asia Pacific and Middle East & Africa. North America is the largest silver<br />
nitrate market in terms of value. Asia pacific is another significant market in the global<br />
silver nitrate market with increasing production volumes. Countries in the region such as<br />
China, has outsized potential for silver nitrate production. In Latin America, Mexico<br />
shares a significant position in the silver nitrate market, as it is among the global leaders<br />
in silver production.<br />
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Report Description<br />
<strong>Silver</strong> <strong>Nitrate</strong> <strong>Market</strong>: Key Players<br />
Ames Goldsmith Corp.<br />
S D FINE CHEM LIMITED<br />
Spectrum Chemical Manufacturing Corp.<br />
Sigma-Aldrich Co. LLC.<br />
Rochester <strong>Silver</strong> Works, LLC<br />
Tongling Nonferrous Metals Group Holdings Co., Ltd<br />
Chenzhou Jingui <strong>Silver</strong> Industry Co Ltd<br />
K. Chemical Industries Pvt. Ltd<br />
EMD Millipore Corporation<br />
Mahi Enterprise<br />
Columbus Chemical Industries (CCI)
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