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Nitric acid market surges as industrial, agricultural demand continues rising

The nitric acid market demonstrated robust growth in 2023, reaching a value of 57.12 million tons. With an estimated Compound Annual Growth Rate (CAGR) of 4.8% between 2024 and 2032, the market is projected to reach a value of 87.10 million tons by 2032. This growth is attributed to the increasing demand for nitric acid […]