Nitric Acid Industry: Competitive Landscape and Key Players

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2025-08-19 15:30:29 -

The mining and explosives industries are significant contributors to the growth of the nitric acid market. Nitric acid serves as a precursor for explosives such as ammonium nitrate fuel oil (ANFO), trinitrotoluene (TNT), and nitroglycerin, which are extensively used in mining, quarrying, and infrastructure development projects. As global demand for minerals and metals continues to rise, nitric...

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