Copper Nitrate Market Price Trend, Competitive Market Share & Forecast, 2016 – 2024

Combining the product with acetic anhydride gives an active reagent that is used in
nitration of aromatic compounds.
It is also used as a dye and in fireworks displays. It is used to polish metals and as a
wood preservative. The product is also used to show voltaic cell reactions in
laboratories. It is also used as an insecticide and a fungicide. Hydrous copper nitrate is
used in electroplating copper on iron.
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Industry Analysis Report, Regional Outlook, Application Potential, Price Trend,
Competitive Market Share & Forecast, 2016 – 2024” please click on the link below:
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The copper nitrate market is likely to grow during the forecast period because it is used
in many different industries. The end users of copper nitrate market are chemical
industries, textile industries which uses it as a dye and in printing industry as a
pigment. It is also used as a pigment in ceramics industry. Global ceramics market
share was more than 150 billion USD in 2015 and is expected to grow by more than 6
% CAGR during forecast period which will also drive the copper nitrate market.
It is used in fireworks industry and in laboratories. It is used in agrochemicals industry
as an insecticide and in wood pulp industry as a fungicide to preserve wood. It is also
used as a component in rocket fuel and with the space exploration industry flourishing
in many regions including Asia and America, it has a high potential of growth in this
sector. Metal works industry also employs the product as a polishing agent.
Copper nitrate market in the world is segmented into five main regions – North
America, Europe, Asia pacific, Middle east and Africa and Latin America. Among these
Asia pacific region is the largest copper nitrate market. It is due to the vast uses of its
successor copper oxide in this region to produce chemicals and textiles. China and
India are the leading copper nitrate markets in this region in terms of production and
consumption.
This trend is supposed to continue during the forecast period because of the high
number of manufacturers in both these countries. Europe is the second leading copper
nitrate market followed by North America.
Major companies in the copper nitrate market are – International Biological
Laboratories, American Elements, Alpha Chemika, Chemical Point UG, Combined
Chemicals, Sigma-Aldrich, MINS group, Beijing Science and Technology, ALS
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