India Nitric Acid Market Size, Share & Forecast to 2035
The India nitric acid market refers to a sector of entire process of producing, supplying, consuming, and trading nitric acid in India. Nitric acid is one of the key building blocks for producing nitrogen-based fertilizers, therefore, it has important commercial implications for numerous downstream chemical intermediates. The use of nitric acid in the manufacture of ammonium nitrate, which is critical to meeting India\'s overall food security goals, will make India one of the world\'s largest users of nitrogen-based fertilizers. This is due to the use of ammonium nitrate as an ingredient to enhance crop yields and soil fertility.