June 09th,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Calcium Nitrate Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Calcium Nitrate Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Calcium Nitrate Market is no different. Derived from the previous market scenario, the Calcium Nitrate Market is likely to witness a CAGR of 5.9% during the forecast period.
Key Players:
The Calcium Nitrate Market is segmented by–
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Regional analysis:
In terms of regions, Asia-Pacific led the calcium nitrate market in 2020, and is estimated to maintain its supremacy during the forecast period. The growth of the region is supported by the increased demand for calcium nitrate as an ingredient for domestic fertilizer in industries in developing economies, such as China and India. Furthermore, as the world's population continues to grow, so would the demand for food. And to meet this ever-rising demand, better agricultural goods would always be required; this, in turn, will drive the fertilizer product demand, assisting the growth of the calcium nitrate market over the forecast period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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The calcium nitrate market is expected to witness an impressive growth of 5.9% CAGR in the foreseeable future.
The agriculture segment is expected to register the highest growth in the calcium nitrate market in the coming years.