Global Sodium Nitrate Market Size To Exceed USD 209.5 Million By 2035 | CAGR of 5.82%

Global Sodium Nitrate Market Size To Exceed USD 209.5 Million By 2035

According to a research report published by Spherical Insights & Consulting, The Global Sodium Nitrate Market Size is expected to grow from USD 112.4 Million in 2024 to USD 209.5 Million by 2035, at a CAGR of 5.82% during the forecast period 2025-2035.

Browse 213 Market Data Tables And 45 Figures Spread Through 130 Pages and In-Depth TOC On the “Global Sodium Nitrate Market Size, Share, and COVID-19 Impact Analysis, By Grade (Industrial, Pharmaceutical, and Food), Application (Chemicals, Fertilizers, Explosives, Glass, Pharmaceuticals, Food & Beverages, and Others), End-User Industry (Agriculture, Food Additives, Chemical Synthesis & Glass Manufacturing, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/sodium-nitrate-market

The sodium nitrate market is the industry emphasizing the production, sale, and application of sodium nitrate, which is a chemical compound with the formula NaNO₃, also known as Chile saltpeter. It is a white deliquescent solid, useful in several reactions carried out on industrial scales in agriculture, food, and mining industries. There is an upsurging development of more sustainable and efficient production methods of sodium nitrate, with the increasing environmental awareness and technological advancements. Further, an increasing demand for cleaner production methods with reduced emissions during chemical processing for producing high-purity sodium nitrate is propelling the market demand. However, the potential health risks associated with sodium nitrate-containing processed meat products, as well as regulatory pressure related to nitrogen-based fertilizers production & sale are challenging the market.

The industrial grade segment dominated the market with the largest revenue share of 88.5% in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on the grade, the sodium nitrate market is divided into industrial, pharmaceutical, and food. Among these, the industrial grade segment dominated the market with the largest revenue share of 88.5% in 2024 and is projected to grow at a substantial CAGR during the forecast period. The use of industrial-grade sodium nitrate in chemicals & fertilizers, dyes & pigments, and in the oil & gas industry is driving the market demand. Further, it is used in the field of water treatment as a corrosion inhibitor and boiler metal embrittlement inhibitor.

The fertilizers segment accounted for the largest revenue share of over 68.5% in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the application, the sodium nitrate market is divided into chemicals, fertilizers, explosives, glass, pharmaceuticals, food & beverages, and others. Among these, the fertilizers segment accounted for the largest revenue share of over 68.5% in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Farmers’ changing preference towards high-yielding techniques, along with the growing food production, is contributing to driving the sodium nitrate market demand. 

The agriculture segment accounted for a major market share of about 56% in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the end-user industry, the sodium nitrate market is divided into agriculture, food additives, chemical synthesis & glass manufacturing, and others. Among these, the agriculture segment accounted for a major market share of about 56% in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Sodium nitrates aid in increasing water solubility, making it an excellent source of nitrogen, a vital nutrient for plant growth. In the agriculture sector, farmers utilize nitrate of soda as a nitrogen-rich fertilizer for enhancing soil fertility and promoting robust plant development.

Asia Pacific is expected to hold the majority share of the global sodium nitrate market during the forecast period.

Asia Pacific is expected to hold the majority share, with 35-70% share in the global sodium nitrate market during the forecast period. China is leading the Asia Pacific sodium nitrate market, owing to the expanding chemical manufacturing sector and sodium nitrate demand from the food processing and fertilizers industries. The regional market demand is driven by the expanding agriculture and construction industry. Further, the production capacity, product innovation, and competition among chemical manufacturing industries like Shandong Haihua Group Co., Ltd., Liuzou Chemical Industry Co., Ltd., and Hebei Dongfang Chemical Co., Ltd. are promoting the market growth.

North America is anticipated to grow at the fastest pace, at a CAGR of 6.25% in the global sodium nitrate market during the forecast period. United States is leading the North America sodium nitrate market with over 75% share in 2024, driven by the increased use of sodium nitrate in explosive manufacturing, fertilizer production, and food preservation. An increasing mining and construction industry, increasing emphasis on investing in mineral infrastructure, is propelling the market demand. Additionally, increased collaborations and public-private partnerships for developing the next-generation chemical supply chain is promoting the market growth.

Major vendors in the global sodium nitrate market are Deepak Nitrate Limited, SQM S.A., BASF SE, Weifang Haiye Chemistry and Industry Co, Acf Nitratos S.A, Quality Chemicals S.L, Shijizhuang Fengshan Chemical Co. Ltd., Ural Chem JSC, Deepak Nitrate Limited, Acf Nitratos S.A, Quality Chemicals S.L, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In July 2025, Samsung Bioepis announced that it would launch the osteoporosis treatment for menopausal women, Obodence (ingredient name denosumab), in the domestic market in partnership with Hanmi Pharmaceutical.
• In February 2025, fertilizer stocks jumped up to 6% after the Union Budget highlighted agriculture & urea production boost.
• In January 2025, Haifa Group launched its wholly owned subsidiary in India, aiming to strengthen its presence in India by offering innovative, precision-focused fertilizers tailored to local agricultural needs.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the sodium nitrate market based on the below-mentioned segments:

Global Sodium Nitrate Market, By Grade

• Industrial
• Pharmaceutical
• Food

Global Sodium Nitrate Market, By Application

• Chemicals
• Fertilizers
• Explosives
• Glass
• Pharmaceuticals
• Food & Beverages
• Others

Global Sodium Nitrate Market, By End-User Industry

• Agriculture
• Food Additives
• Chemical Synthesis & Glass Manufacturing
• Others

 Global Sodium Nitrate Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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