硝酸のインド市場：タイプ別、用途別、エンドユーザー産業別、地域別、機会、予測、2019年～2033年

インドの硝酸市場は2026年～2033年の予測期間中にCAGR 4.09％を記録し、2025年の6億8,856万米ドルから2033年には9億4,889万米ドルに成長すると予測されています。硝酸は肥料製造に主に使用されるため、同国では農薬産業の成長が市場を牽引しています。窒素ベース肥料は、増加する食糧需要を満たすための農業生産の増加の必要性により需要が増加しています。さらに、硝酸は硝酸アンモニウムの製造に利用され、鉱業や建設産業で最終用途を見出します。硝酸アンモニウム爆薬を消費する鉱業と建設部門は急成長を示しています。濃硝酸の製造への投資も成長を後押ししています。

例えば、2024年2月、Coal India Limited（CIL）とBharat Heavy Electricals Limited（BHEL）は、オディシャ州に硝酸アンモニウム工場を設立する合弁契約に調印しました。このプラントは日産2,000トンで、露天掘り石炭ガス化技術を使用します。このプラントには年間130万トンの石炭が必要で、BHELは加圧流動床ガス化技術を利用します。このパートナーシップは、国家石炭ガス化ミッションに向けた重要な一歩です。このプラントは、CILが石炭生産の主要な源である露天掘り採掘事業で大量に使用するバルク爆薬の製造需要に応えるために設計されました。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 米国の関税の影響

第4章 エグゼクティブサマリー

第5章 顧客の声

• 購入決定時に考慮される要素
  • 品質と集中力
  • 価格と費用対効果
  • サプライチェーンの信頼性
  • 環境と安全に関する懸念
  • アフターサポート

第6章 インドの硝酸市場の展望、2019年～2033年

• 市場規模分析と予測
  • 金額別
  • 数量別
• 市場シェア分析と予測
  • タイプ別
    • 濃硝酸
    • 希硝酸
  • 用途別
    • 硝酸アンモニウム
    • アジピン酸
    • トルエンジイソシアネート
    • ニトロベンゼン
    • その他
  • エンドユーザー産業別
    • 肥料
    • 化学製造
    • 爆発物
    • 鉱業
    • 半導体
    • その他
  • 地域別
    • 東部
    • 西部と中央部
    • 北部
    • 南部
  • 企業別の市場シェア分析（上位5社・その他 - 金額ベース、2025年）
• 2025年の市場マップ分析
  • タイプ別
  • 用途別
  • エンドユーザー産業別
  • 地域別

第7章 需要供給分析

第8章 輸入と輸出の分析

第9章 バリューチェーン分析

第10章 ポーターのファイブフォース分析

第11章 PESTLE分析

第12章 価格分析

第13章 市場力学

• 市場促進要因
• 市場の課題

第14章 市場動向と発展

• 主要市場企業の情勢
  • Deepak Fertilisers and Petrochemicals Corporation Ltd.
  • Gujarat Narmada Valley Fertilizers & Chemicals Limited
  • Rashtriya Chemicals and Fertilizers Limited (RCF)
  • National Fertilizers Limited (NFL)
  • Gujarat State Fertilizers & Chemicals Limited
  • Chambal Fertilisers and Chemicals Limited (Upcoming)

第15章 戦略的提言

第16章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Nitric Acid Market, By Value, In USD Million, FY2019-FY2033F
• Figure 2. India Nitric Acid Market, By Volume, In Thousand Tons, FY2019-FY2033F
• Figure 3. India Nitric Acid Market Share (%), By Type, FY2019-FY2033F
• Figure 4. India Nitric Acid Market Share (%), By Application, FY2019-FY2033F
• Figure 5. India Nitric Acid Market Share (%), By End-user, FY2019-FY2033F
• Figure 6. India Nitric Acid Market Share (%), By Region, FY2019-FY2033F
• Figure 7. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 8. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 9. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2025
• Figure 10. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2025

Indian nitric acid market is projected to witness a CAGR of 4.09% during the forecast period FY2026-FY2033, growing from USD 688.56 million in FY2025 to USD 948.89 million in FY2033F. The market is led by rising agrochemical industry in the country as nitric acid is majorly employed in fertilizer manufacturing. Nitrogen-based fertilizers are increasing in demand due to the need for increased agricultural production to meet increasing food requirements. Additionally, it is utilized in the manufacturing of ammonium nitrate which finds end uses in the mining and construction industries. The mining and construction sectors which consume ammonium nitrate explosives witnessing rapid growth. Investment in the manufacture of concentrated nitric acid is also fueling growth.

For instance, in February 2024, Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) signed a joint venture agreement to establish an ammonium nitrate plant in Odisha. The plant, to produce 2000 tons per day, will use surface coal gasification technology. The plant will require 1.3 million tons of coal annually, with BHEL utilizing pressurized fluidized bed gasification. This partnership is a significant step towards the National Coal Gasification Mission. The plant designed to cater for the demand in manufacturing bulk explosives which CIL uses in large quantities in its open cast mining operations, a major source of its coal production.

Rising Demand for Nitrogen Based Fertilizers

The growing demand for nitrogenous fertilizers in India is mainly pushing the demand for nitric acid. With the country still having a growing demand for agricultural productivity to meet the food requirements of its growing population, nitrogenous fertilizers are still in demand. India is among the biggest users of nitrogenous fertilizers, and nitrogen is the most used nutrient in field crops with an average of 223.5 kg per hectare. Also supporting this demand is the large-scale production of nitrogen-requiring crops such as rice and wheat. Nitric acid, the main raw material for the production of ammonium nitrate, still commands high demand as a result of its contribution to the higher yields of crops. The trend is driven by government policies that promote balanced fertilization and sustainable farming, hence ensuring a steady demand for nitric acid in India.

As per Fertilizer Association of India, fertilizer nutrient consumption in India went up by 2.7% in FY2024 while consumption of N, P2O5, and K2O rose by 1.2%, 4.9%, and 9.5% respectively. Overall fertilizer nutrient consumption (N+P2O5+K2O) estimated at 30.64 million MT in 2023-2024 grew by 2.7% compared to FY2023. In addition, the consumption of N, P2O5 and K2O at 20.46 million MT, 8.31 million MT and 1.88 million MT during FY2024 showed an increase of 1.2%, 4.9% and 9.5%, respectively, over FY2023. The All-India NPK use ratio changed to 10.9:4.4:1 in FY2024.

Rising Demand for Nitroaromatic and Downstream Industry Fueling the Demand

The growing demand for nitric acid is mainly driven by its vital application in the production of explosives, both military and civilian. In the military sector, nitric acid is used in the production of high explosives like trinitrotoluene (TNT) and royal demolition explosive (RDX), which are of vital application in military operations. It is used as a major ingredient in the production of ammonium nitrate, a major ingredient in the production of ammonium nitrate fuel oil (ANFO), which is used extensively in civil explosives used in quarrying and mining.

For instance, in August 2023, Deepak Fertilizers and Petrochemicals Corporation Ltd., a leading producer of industrial chemicals, mining chemicals, and fertilizers in India, has announced its plan to expand its Nitric Acid plant in Dahej, Gujarat. The company plans to set up a Weak Nitric Acid (WNA) plant with a capacity of 300 kilo tons per annum and two Concentrated Nitric Acid (CNA) plants with a total capacity of 150 kilo tons per annum. The demand-supply gap for WNA is expected to rise from 140 KT in FY24 to 330 KT by FY30, driven by captive and merchant demand from Nitroaromatics and downstream industries. Both expansion projects aim to bridge the demand gap and strengthen the company's position as a reliable partner for meeting Nitric Acid requirements.

Technological Innovation in the Manufacturing Process

Rising technological innovation in nitric acid manufacturing is driving growth in the Indian market. New-age technologies are making the manufacturing process more efficient by reducing energy consumption and emissions, with advantages like lower maintenance costs. For instance, in November 2023, KBR, Inc. successfully commissioned its second plant using MAGNAC concentrated nitric acid (CNA) technology in Gujarat, India, with a throughput capacity of 150 metric tons per day. The plant utilizes sustainable technologies that recycle process water without treatment, improve energy efficiency, and reduce emissions. This achievement demonstrates use of technology in delivering environmentally responsible solutions and contributing to the global drive for circular industrial practices.

The wave of technological advancement is crucial for India's nitric acid sector as it navigates increasing domestic demand from key end-use industries like fertilizers, agrochemicals, and defense. By adopting more efficient and environmentally friendly processes, Indian manufacturers can not only enhance their cost competitiveness on a global scale but also significantly contribute to the nation's ambitious sustainable development goals and net-zero commitments. Such innovations also attract further foreign investment and foster a culture of research and development within the country, solidifying India's position as a hub for advanced chemical manufacturing.

Dilute Nitric Acid Dominates the Market

Dilute nitric acid (DNA) is experiencing robust growth in the Indian market because of its multi-application usage for application in the various sectors such as agriculture, chemicals, and mining. Dilute nitric acid plays a crucial role in the production of ammonium nitrate and other nitrogen-based fertilizers. Its lower corrosiveness compared to concentrated nitric acid makes it widely applicable in various industrial settings, including the cleaning of equipment in the food and dairy sectors to remove mineral deposits. Additionally, it serves as a reactant in the synthesis of numerous other chemical compounds.

For instance, in August 2024, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) Board approved an investment proposal to establish 600 metric tons per day of weak nitric acid, enhancing its capacity by 57%.

Future Market Scenario (FY2026 - FY2033F)

The application of nitric acid is dominated by its use in fertilizers, such as ammonium nitrate, which is utilized to a great extent to increase agricultural production in a bid to address the growing food needs of the population.

Sectors such as chemicals, explosives, and metals processing are increasing their capacities too, and resulting in the higher demand for nitric acid.

The focus on the production of cleaner and more energy-efficient processes for nitric acid will open up new business opportunities.

Key Players Landscape and Outlook

India nitric acid market is featured by the large players, with the key players aiming on strategic expansions and technological innovation. The players are investing in capacity expansion and adopting sustainable technologies to meet the increasing demand and comply with environmental regulations. The market is dominated by major fertilizer and chemical manufacturers that utilize nitric acid as a critical raw material. These companies are expanding their production capacity to meet the increasing demand from the agricultural and industrial sectors. Additionally, they are exploring opportunities in emerging applications such as pharmaceuticals and electronics. The competitive landscape is evolving, with companies focusing on efficiency, sustainability, and innovation to maintain market share and capitalize on future growth opportunities.

For instance, in 2023, Deepak Fertilisers and Petrochemicals Corporation Ltd. launched solar grade nitric acid, a premium specialty product, which has received positive response from solar cell manufacturers with multiple repeat orders.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Factors Considered in Purchase Decisions
  • 5.1.1. Quality and Concentration
  • 5.1.2. Price and Cost-effectiveness
  • 5.1.3. Supply Chain Reliability
  • 5.1.4. Environmental and Safety Concerns
  • 5.1.5. After sale support

6. India Nitric Acid Market Outlook, FY2019-FY2033F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Concentrated Nitric Acid
    • 6.2.1.2. Dilute Nitric Acid
  • 6.2.2. By Application
    • 6.2.2.1. Ammonium Nitrate
    • 6.2.2.2. Adipic Acid
    • 6.2.2.3. Toluene Di-Isocyanate
    • 6.2.2.4. Nitrobenzene
    • 6.2.2.5. Others
  • 6.2.3. By End-user Industry
    • 6.2.3.1. Fertilizers
    • 6.2.3.2. Chemical Manufacturing
    • 6.2.3.3. Explosives
    • 6.2.3.4. Mining
    • 6.2.3.5. Semiconductor
    • 6.2.3.6. Others
  • 6.2.4. By Region
    • 6.2.4.1. East
    • 6.2.4.2. West and Central
    • 6.2.4.3. North
    • 6.2.4.4. South
  • 6.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
• 6.3. Market Map Analysis, FY2025
  • 6.3.1. By Type
  • 6.3.2. By Application
  • 6.3.3. By End-user Industry
  • 6.3.4. By Region

All segments will be provided for all regions covered

7. Demand Supply Analysis

8. Import and Export Analysis

9. Value Chain Analysis

10. Porter's Five Forces Analysis

11. PESTLE Analysis

12. Pricing Analysis

13. Market Dynamics

• 13.1. Market Drivers
• 13.2. Market Challenges

14. Market Trends and Developments

• 14.1. Key Players Landscape for Top Market Players
  • 14.1.1. Deepak Fertilisers and Petrochemicals Corporation Ltd.
    • 14.1.1.1. Company Details
    • 14.1.1.2. Key Management Personnel
    • 14.1.1.3. Products and Services
    • 14.1.1.4. Financials (As Reported)
    • 14.1.1.5. Key Market Focus and Geographical Presence
    • 14.1.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 14.1.2. Gujarat Narmada Valley Fertilizers & Chemicals Limited
  • 14.1.3. Rashtriya Chemicals and Fertilizers Limited (RCF)
  • 14.1.4. National Fertilizers Limited (NFL)
  • 14.1.5. Gujarat State Fertilizers & Chemicals Limited
  • 14.1.6. Chambal Fertilisers and Chemicals Limited (Upcoming)

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

15. Strategic Recommendations

16. About Us and Disclaimer