Global Aluminum Nitrate Nonahydrate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Catalyst Grade, Industrial Grade, and Others.

By Application;

Textile Industry, Organic Synthesis, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn434850477 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Aluminum Nitrate Nonahydrate Market (USD Million), 2021 - 2031

In the year 2024, the Global Aluminum Nitrate Nonahydrate Market was valued at USD 17,042.68 million. The size of this market is expected to increase to USD 19,496.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.9%.

The global market for aluminum nitrate nonahydrate plays a crucial role in various industrial applications due to its versatile chemical properties and widespread use. Aluminum nitrate nonahydrate is primarily utilized as a source of aluminum in industries such as agriculture, chemical manufacturing, and pharmaceuticals. It serves as a key ingredient in the production of catalysts, fertilizers, and various chemical compounds. Its ability to facilitate essential chemical reactions and its solubility in water make it an indispensable component in many manufacturing processes.

In agriculture, aluminum nitrate nonahydrate is employed as a fertilizer, providing essential nutrients like nitrogen and aluminum to enhance soil fertility and promote plant growth. The compound's water-soluble nature allows for efficient nutrient uptake by plants, contributing to improved crop yields and quality. Beyond agriculture, aluminum nitrate nonahydrate finds applications in industrial processes such as metal surface treatment, where it serves as a corrosion inhibitor and an agent for improving surface properties. These applications underscore its importance in supporting industrial operations that require effective chemical treatments for metals and other materials.

Aluminum nitrate nonahydrate is utilized in the pharmaceutical industry for its role in manufacturing medicines and pharmaceutical intermediates. Its chemical purity and compatibility with pharmaceutical processes make it suitable for synthesizing various active pharmaceutical ingredients (APIs) and pharmaceutical formulations. This versatility highlights its significance in pharmaceutical manufacturing, where stringent quality standards and precise chemical properties are paramount. Overall, the global aluminum nitrate nonahydrate market continues to thrive, driven by its essential contributions to agriculture, chemical production, and pharmaceutical applications worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Aluminum Nitrate Nonahydrate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Agricultural fertilizers
        2. Chemical synthesis
        3. Water-soluble properties
      2. Restraints
        1. Environmental Regulations
        2. Raw Material Costs
        3. Health Concerns
      3. Opportunities
        1. Expansion Initiatives
        2. Technological Advancements
        3. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aluminum Nitrate Nonahydrate Market, By Type, 2021 - 2031 (USD Million)
      1. Catalyst Grade
      2. Industrial Grade
      3. Others
    2. Global Aluminum Nitrate Nonahydrate Market, By Application, 2021 - 2031 (USD Million)
      1. Textile Industry
      2. Organic Synthesis
      3. Others
    3. Global Aluminum Nitrate Nonahydrate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. XiaXian Yunli
      2. Strem Chemicals
      3. Taiyuan Xinyufeng
      4. Orrion Chemicals
      5. Nithyasri Chemicals
      6. Chongqing Hua'nan
      7. Taiyuan Bohui
      8. Thatcher Group
      9. Shijiazhuang Xuanran
  7. Analyst Views
  8. Future Outlook of the Market