Product Code: ETC093463 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Calcium Nitrate Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at -8.06% in 2025, it steadily loses momentum, ending at -13.59% by 2029.
The India calcium nitrate market is expected to grow at a significant rate during the forecast period. This growth can be attributed to its increasing use in various industries, such as agriculture, water treatment, food processing and pharmaceuticals. It is also used for acid neutralization and has been found to improve plant growth due to its high nitrogen content. The growing demand for fertigation fertilizers in India as well as other countries of Asia-Pacific region will propel the market over the forecast period.
Increasing crop production requirements along with rising awareness about soil health are some of the major drivers that will propel this market growth over the forecast period. In addition, governments encouraging farmers through subsidies and providing access to advanced technologies are factors that will further drive this industrydevelopment significantly. Moreover, increasing government initiatives towards promoting organic farming coupled with introduction of new innovative products like micro nutrient mixtures containing calcium nitrate or ammonium salts further boosts adoption potential across India. Furthermore , decrease in cost incurred on production processes due to advancement in technology have enabled manufacturers offer competitive prices which fuels wider consumption thus boosting revenue collection from sales.
Availability of substitutes such as potassium nitrates , sodium nitrates etc which possess similar properties impede growth prospects. Besides , stringent environmental regulations limiting usage along with lack of proper storage facilities restrict uptake across regional markets hampering overall business landscape.
The key players operating in India Calcium Nitrate Market include Coromandel International Limited., Gujarat State Fertilizers & Chemicals Ltd., Yara India Private Limited., Chambal Fertilisers & Chemicals Ltd., Amrutanjan Agrochemicals Pvt Ltd., Tamil Nadu Petroproducts Limited (TNPL), Khaitan Chemicals & Fertilizers Ltd., Krishak Bharti Coop (Kribhco), Deepak Fertilisers & Petrochemicals Corpn ltd etc. The major challenge faced by these companies is intense competition from regional players who offer low cost products which have similar quality standards than their more expensive counterparts.