Product Code: ETC5674156 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The concentrated nitric acid market in Angola is driven by its wide range of industrial applications, including fertilizers, explosives, and chemical manufacturing. The agricultural sector`s demand for fertilizers and the mining industry`s need for explosives are significant contributors to market growth. Additionally, the expansion of chemical production facilities and the increasing demand for nitric acid in industrial processes support market development.
The Angola Concentrated Nitric Acid market is driven by its extensive use in various industrial applications, including fertilizers, explosives, and chemical manufacturing. The growth of the agriculture sector, which relies on fertilizers, significantly boosts the demand for concentrated nitric acid. Additionally, the increasing need for high-purity acids in research and development activities in pharmaceuticals and chemicals also contributes to market expansion.
The Angola Concentrated Nitric Acid market is constrained by limited production facilities, high production costs, and stringent environmental regulations. The lack of local production facilities means that most nitric acid has to be imported, leading to high costs. Production processes for nitric acid are energy-intensive and require significant investment, further driving up costs. Strict environmental regulations also pose a challenge, as compliance requires additional investments in pollution control technologies.
Government policies in Angola are focused on ensuring the safe production, storage, and transportation of concentrated nitric acid. Regulatory frameworks have been strengthened to comply with international safety standards, and incentives are provided for the establishment of local production facilities to reduce dependency on imports.
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 Angola Concentrated Nitric Acid Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Concentrated Nitric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Concentrated Nitric Acid Market - Industry Life Cycle |
3.4 Angola Concentrated Nitric Acid Market - Porter's Five Forces |
3.5 Angola Concentrated Nitric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Angola Concentrated Nitric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Angola Concentrated Nitric Acid Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Angola Concentrated Nitric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for concentrated nitric acid in agriculture sector for fertilizer production |
4.2.2 Growth in industrial applications such as chemical manufacturing and metal processing |
4.2.3 Government initiatives to boost domestic production and reduce import dependency |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental regulations and safety concerns regarding the handling and transportation of concentrated nitric acid |
5 Angola Concentrated Nitric Acid Market Trends |
6 Angola Concentrated Nitric Acid Market Segmentations |
6.1 Angola Concentrated Nitric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Angola Concentrated Nitric Acid Market Revenues & Volume, By Strong, 2021-2031F |
6.1.3 Angola Concentrated Nitric Acid Market Revenues & Volume, By Fuming, 2021-2031F |
6.2 Angola Concentrated Nitric Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Angola Concentrated Nitric Acid Market Revenues & Volume, By Ammonium Nitrate, 2021-2031F |
6.2.3 Angola Concentrated Nitric Acid Market Revenues & Volume, By Adipic Acid, 2021-2031F |
6.2.4 Angola Concentrated Nitric Acid Market Revenues & Volume, By Nitrobenzene, 2021-2031F |
6.2.5 Angola Concentrated Nitric Acid Market Revenues & Volume, By Toluene Diisocyanate, 2021-2031F |
6.3 Angola Concentrated Nitric Acid Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Angola Concentrated Nitric Acid Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.3 Angola Concentrated Nitric Acid Market Revenues & Volume, By Explosives, 2021-2031F |
6.3.4 Angola Concentrated Nitric Acid Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Angola Concentrated Nitric Acid Market Revenues & Volume, By Electronics, 2021-2031F |
7 Angola Concentrated Nitric Acid Market Import-Export Trade Statistics |
7.1 Angola Concentrated Nitric Acid Market Export to Major Countries |
7.2 Angola Concentrated Nitric Acid Market Imports from Major Countries |
8 Angola Concentrated Nitric Acid Market Key Performance Indicators |
8.1 Average selling price of concentrated nitric acid in the Angola market |
8.2 Capacity utilization rate of local nitric acid production plants |
8.3 Number of new applications or industries adopting concentrated nitric acid as a raw material |
8.4 Investment in research and development for innovative nitric acid production technologies |
8.5 Compliance rate with environmental regulations related to nitric acid production and usage |
9 Angola Concentrated Nitric Acid Market - Opportunity Assessment |
9.1 Angola Concentrated Nitric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Angola Concentrated Nitric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Angola Concentrated Nitric Acid Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Angola Concentrated Nitric Acid Market - Competitive Landscape |
10.1 Angola Concentrated Nitric Acid Market Revenue Share, By Companies, 2024 |
10.2 Angola Concentrated Nitric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |