Product Code: ETC192636 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India Sodium Nitrate Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at -0.14% in 2025, growth softens to -0.24% in 2029.
Sodium nitrate is a white, crystalline powder or solid that is used in various industries such as medicine, food processing, explosives and fertilizers. It absorbs moisture from the air and it has an odorless smell. In India, sodium nitrate is mainly produced for agricultural purposes as a fertilizer which helps to improve soil fertility by providing nitrogen to plants. Additionally, it also helps in controlling weeds and pests when mixed with other chemicals. The demand for sodium nitrate in India has been increasing over the years due to its wide range of applications across different sectors including agriculture, pharmaceuticals and chemical industries.
The main drivers of growth for the India Sodium Nitrate market are increased demand from pharmaceuticals industry due to its use as an antiseptic for wound healing; rising demand from industrial sector owing to its use in production of glass products; growing popularity among farmers due to its benefits as a fertilizer; advancement in technology leading to improved quality product offerings; government initiatives such as Fertilizer Subsidy Scheme (FSS) have resulted in increased usage of synthetic fertilizers such as sodium nitrate helping drive their sales; availability of cost-effective options resulting from foreign exports or domestic production through modern manufacturing techniques have also contributed towards their higher adoption rates; and ease of transportation along with easy availability at retail stores have further boosted the market???s growth prospects.
However certain factors could impede this growth potential???the presence of environmental hazards associated with excessive use leading to toxic water contaminated by runoff containing high levels of nitrates can lead to health problems if consumed directly or indirectly through drinking water sources polluted by these chemicals; high cost associated with obtaining raw materials needed for producing sodium nitrates may limit access even though there are some subsidies available through government programs like Fertiliser Subsidy Scheme (FSS); local regulations restricting imports/exports on certain types might be imposed making trade difficult affecting prices etc.; lack of proper storage facilities can lead result into wastage impacting profits negatively.
There are several key players operating within India market ??? Gujarat Narmada Valley Fertilisers & Chemicals Ltd., Deepak Nitrite Limited , Hindustan Salts Limited , Pradeep Phosphates Private Limited , Pesticides India Private Ltd., Punjab Chemicals & Crop Protection Ltd., Parry Enterprises India Pvt Ltd., Coromandel International Limited.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sodium Nitrate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sodium Nitrate Market Revenues & Volume, 2021 & 2031F |
3.3 India Sodium Nitrate Market - Industry Life Cycle |
3.4 India Sodium Nitrate Market - Porter's Five Forces |
3.5 India Sodium Nitrate Market Revenues & Volume Share, By By Grade, 2021 & 2031F |
3.6 India Sodium Nitrate Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 India Sodium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sodium Nitrate Market Trends |
6 India Sodium Nitrate Market, By Types |
6.1 India Sodium Nitrate Market, By By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Sodium Nitrate Market Revenues & Volume, By By Grade, 2021-2031F |
6.1.3 India Sodium Nitrate Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.4 India Sodium Nitrate Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.5 India Sodium Nitrate Market Revenues & Volume, By Food, 2021-2031F |
6.2 India Sodium Nitrate Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 India Sodium Nitrate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.3 India Sodium Nitrate Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.4 India Sodium Nitrate Market Revenues & Volume, By Explosives, 2021-2031F |
6.2.5 India Sodium Nitrate Market Revenues & Volume, By Glass, 2021-2031F |
6.2.6 India Sodium Nitrate Market Revenues & Volume, By Pharmaceutica, 2021-2031F |
6.2.7 India Sodium Nitrate Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 India Sodium Nitrate Market Import-Export Trade Statistics |
7.1 India Sodium Nitrate Market Export to Major Countries |
7.2 India Sodium Nitrate Market Imports from Major Countries |
8 India Sodium Nitrate Market Key Performance Indicators |
9 India Sodium Nitrate Market - Opportunity Assessment |
9.1 India Sodium Nitrate Market Opportunity Assessment, By By Grade, 2021 & 2031F |
9.2 India Sodium Nitrate Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 India Sodium Nitrate Market - Competitive Landscape |
10.1 India Sodium Nitrate Market Revenue Share, By Companies, 2024 |
10.2 India Sodium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |