Sodium Nitrate Market Updates

Sodium Nitrate Market size was valued at USD 112.34 Million in 2023 and is poised to grow from USD 118.97 Million in 2024 to USD 177.59 Million by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

Most of the players in the market are focusing on differentiating themselves from other players as the market is highly competitive and concentrated. Manufacturers are focusing on increasing their production capacities to meet the growing demand. Some of the organisation sell their products directly through website to gain more profits. 'SQM   ', 'Nitrochemie   ', 'Rashtriya Chemicals and Fertilizers   ', 'Shandong Haihua Group Co., Ltd.   ', 'BASF SE   ', 'Liuzhou Chemical Industry Co., Ltd.   ', 'Sasol Nitro   ', 'Sumitomo Chemical Co., Ltd.   ', 'Ciner Resources Corporation   ', 'Sichuan Nitrocell Corporation   ', 'UBE Industries, Ltd.   ', 'Hualong Ammonium Nitrate Co., Ltd.   ', 'Rashtriya Chemicals & Fertilizers Ltd.   ', 'Hongcheng Chemicals   ', 'Shandong Hualu-Hengsheng Chemical Co., Ltd.   ', 'Hebei Dongfang Chemical Co., Ltd.'

Rise in the number of surgeries, increase in prevalence of cardiovascular diseases and cancer, and growth in geriatric & preterm infant population drive the global sodium nitrate market. 

Sodium nitrate is an important part of the textile industry. It is used for production of diazo dyes. The textile industry is anticipated to grow at a steady pace over the next few years.

Global sodium nitrate market is divided into regions included North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.