The Global Nitric Acid Market was valued at USD 12.26 Billion in 2024 and is projected to reach USD 15.48 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period (2024-2032). This growth is being driven by increasing agricultural fertilizer demand, expansion in explosives manufacturing, and the accelerating adoption of sustainable production technologies across industrial chemical sectors.

As the chemical industry transforms toward efficient production processes and environmental compliance, the spotlight is on the key nitric acid producers who are driving innovation, operational efficiency, and cleaner chemical pathways. In this blog, we profile the Top 10 Companies in the Nitric Acid Industry—a mix of chemical majors, fertilizer producers, and specialty chemical innovators shaping the future of global industrial chemicals.

---

🔟 1. CF Industries Holdings, Inc.

Headquarters: Deerfield, Illinois, USA
Key Offering: Technical-grade and fertilizer-grade nitric acid

CF Industries is the largest global producer of nitric acid, with extensive manufacturing facilities across North America. Their production network supplies ammonium nitrate fertilizers, industrial explosives, and chemical intermediates to diverse global markets.

Sustainability Initiatives:

• Investments in NOx abatement technologies

• Carbon footprint reduction programs

• Energy-efficient production process optimization

Download FREE Sample Report: Nitric Acid Market – View in Detailed Research Report

---

9️⃣ 2. Yara International ASA

Headquarters: Oslo, Norway
Key Offering: High-purity and industrial-grade nitric acid

Yara International is a global leader in fertilizer production with significant nitric acid manufacturing capacity. The company’s vertically integrated operations span from ammonia production to finished fertilizer products.

Sustainability Initiatives:

• European clean production technology leadership

• Global distribution network serving agricultural markets

---

8️⃣ 3. EuroChem Group AG

Headquarters: Zug, Switzerland
Key Offering: Concentrated and dilute nitric acid solutions

EuroChem operates one of the largest fertilizer production complexes in Europe with advanced nitric acid technologies. The company maintains strategic positioning in key agricultural regions worldwide.

Sustainability Initiatives:

• Advanced emission control systems

• Research into green nitrogen fixation methods

---

7️⃣ 4. Nutrien Ltd.

Headquarters: Saskatoon, Saskatchewan, Canada
Key Offering: Fertilizer-grade nitric acid and derivatives

Nutrien is among North America’s leading nitric acid producers, supplying the agricultural and industrial sectors across the continent.

Sustainability Initiatives:

• Expansion of low-carbon production capabilities

• Strategic partnerships with mining explosives manufacturers

Download FREE Sample Report: Nitric Acid Market – View in Detailed Research Report

---

6️⃣ 5. OCI N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Technical nitric acid and ammonium nitrate solutions

OCI is a global nitrogen product leader with integrated production facilities in Europe and North America. The company focuses on both fertilizer and technical applications.

Sustainability Initiatives:

• Carbon capture and utilization research

• Modernization of production processes for environmental compliance

---

5️⃣ 6. LSB Industries, Inc.

Headquarters: Oklahoma City, Oklahoma, USA
Key Offering: High-strength nitric acid and fertilizer products

LSB Industries operates modern nitric acid production facilities in the United States, serving agricultural and industrial markets with high-quality nitrogen products and solutions.

Sustainability Initiatives:

• Renewable energy integration in production processes

• Partnerships with mining and construction industries

---

4️⃣ 7. Dyno Nobel

Headquarters: Salt Lake City, Utah, USA
Key Offering: Explosives-grade nitric acid and technical solutions

Dyno Nobel specializes in industrial explosives and technical nitrogen products. The company’s nitric acid production supports global mining operations and infrastructure development.

Sustainability Initiatives:

• Advanced blasting technology development

• Safety and environmental performance optimization

---

3️⃣ 8. Acron Group

Headquarters: Veliky Novgorod, Russia
Key Offering: Technical nitric acid and industrial chemical intermediates

Acron Group is a major nitric acid producer in Russia and Eastern Europe, supplying both domestic and international markets with fertilizer and chemical products.

Sustainability Initiatives:

• Modernization of production facilities for efficiency improvement

• Expansion of value-added nitrogen product portfolio

---

2️⃣ 9. Shanxi Tianji Coal Chemical Industry Group Co., Ltd.

Headquarters: Taiyuan, Shanxi, China
Key Offering: Industrial-grade nitric acid and fertilizer compounds

Shanxi Tianji is a leading chemical producer in China with significant nitric acid capacity. The company serves growing domestic agricultural and industrial markets while expanding international presence.

Sustainability Initiatives:

• Energy consumption optimization programs

---

1️⃣ 10. Sichuan Gold Elephant Chemical Industry Co., Ltd.

Headquarters: Chengdu, Sichuan, China
Key Offering: Technical nitric acid and agricultural nitrogen products

Sichuan Gold Elephant is a prominent nitric acid manufacturer in Western China, with growing production capacity to meet regional industrial and agricultural demand for nitrogen-based chemicals and fertilizers.

Sustainability Initiatives:

• Research into clean production technologies and emission reduction

Get Full Report Here: Nitric Acid Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Nitric Acid Is Greener and More Efficient

The nitric acid market is undergoing a strategic transformation. While traditional fertilizer applications still dominate in volume, the industry is investing substantially in environmentally compliant production, digital optimization, and specialty applications development.

📈 Key Trends Shaping the Market:

• Accelerated adoption of advanced NOx abatement technologies

• Regulatory compliance driving technology upgrades and modernization

• Emerging green production technologies and carbon reduction initiatives

• Expansion in polyamide and specialty chemical applications

Get Full Report Here: Nitric Acid Market – View in Detailed Research Report

The companies listed above are not only supplying global industrial needs—they’re spearheading the sustainable transformation of the chemical industry.