Calcium Nitrate Market Scope And Analysis

Global Calcium Nitrate Market Report Scope

 

IMPACT OF COVID/IMPACT OF GEOPOLITICAL SCENARIO/IMPACT OF RECESSION

The COVID-19 pandemic led to a decline in the progress of many industries across the globe. Shutdown of manufacturing plants and restricted trade across the globe led to supply chain constraints for the manufacturers across the globe. The ongoing pandemic has drastically altered the chemicals & materials sector's status and negatively impacted the calcium nitrate market's growth. The implementation of measures to combat the spread of the virus has aggravated the situation and impacted the growth of several industrial sectors. The market is being disrupted by COVID-19 because of slowdown of calcium nitrate production, supply chain instability, hampered trade movements, decrease in end-use industry demand, and reduced demand for new projects. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. The disturbed value chain has had a negative impact on raw material supply. Therefore, the calcium nitrate market has recovered quite well from the aftermath of the pandemic and is expected to grow over the coming years.

COMPETITIVE LANDSCAPE AND KEY COMPANIES

Some of the key players operating in the calcium nitrate market include, include Nutrien; Yara international ASA; Sterling Chemicals Company; GFS Chemicals, Inc.; Haifa Group; Uralchem holding PLC; Rural Liquid Fertilisers; Shanxi Jiaocheng Tianlong Chemical Industry Co.,Ltd.; ProChem, Inc; Van Iperen International among others.