Global Sodium Nitrite Market Size & Outlook, 2024-2030
Global sodium nitrite market, 2018-2030 (US$M)
Related Markets
Global sodium nitrite market highlights
- The global sodium nitrite market generated a revenue of USD 412.4 million in 2023 and is expected to reach USD 555.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.4% by 2030.
- In terms of segment, food & beverages accounted for a revenue of USD 106.4 million in 2023.
- Other Applications is the most lucrative grade segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 412.4 million |
| Market revenue in 2030 | USD 555.9 million |
| Growth rate | 4.4% (CAGR from 2024 to 2030) |
| Largest segment | Food & beverages |
| Fastest growing segment | Other Applications |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages, Corrosion Inhibitors, Dyes & pigments, Pharmaceuticals, Other Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 4.8% of the global sodium nitrite market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 86.1 million by 2030.
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Sodium Nitrite Market Scope
Sodium Nitrite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Radiant Indus Chem | View profile | 101-250 | Aurangabad, Maharashtra, India, Asia | https://ricpl.com |
| UralChem | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.uralchem.com |
| Jiangsu Fengshan Group | View profile | 1001-5000 | Nanjing, Jiangsu, China, Asia | http://www.fengshangroup.com |
| Deepak Fertilisers | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | http://www.dfpcl.com/ |
| ICL Group Ltd | View profile | 13350 | 23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, Israel, 61202 | https://www.icl-group.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global sodium nitrite market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sodium nitrite market will help companies and investors design strategic landscapes.
Food & beverages was the largest segment with a revenue share of 25.8% in 2023. Horizon Databook has segmented the Global sodium nitrite market based on food & beverages, corrosion inhibitors, dyes & pigments, pharmaceuticals, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Sodium Nitrite Grade Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Corrosion Inhibitors
- Dyes & pigments
- Pharmaceuticals
- Other Applications
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sodium nitrite market , including forecasts for subscribers. This global databook contains high-level insights into Global sodium nitrite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global sodium nitrite market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sodium nitrite market size, 2023 (US$M)
Global sodium nitrite market share, by grade, 2023 & 2030 (%, US$M)
Sodium nitrite market: Opportunity assessment by country
Global sodium nitrite market, by region, 2023 (US$M)
Related statistics
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