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Top Fertilizer Exporters of 2023: Global Leaders in Agriculture

December, 2024

Calcium Nitrate Market

Major Fertilizer Exporter Countries Globally, 2023 (Billion USD)

Calcium nitrate is a crucial component used in manufacturing fertilizers, fireworks, explosives, and matchsticks. It is also used in wastewater treatment to suppress odor formation in municipal wastewater and sewer networks. In recent years, the demand for calcium nitrate has increased as it helps in cell formation, growth, and development of leaves, and enhances the disease resistance and storage life of fruits. The global calcium nitrate market is primarily driven by the growing demand for agrochemicals and fertilizers. Calcium nitrate aids in root growth, and elongation, functions as antioxidants, and protects the plants from stress-induced cell damage.

On the other hand, the non-solid acidifying property of calcium nitrate is suitable for various plants such as tomatoes, apples, and peppers. It forms amino acids for photosynthesis and prevents diseases, including blossom end rot. Calcium nitrate is also a source of calcium and nitrate in hydroponics, which is providing a positive impact on the market growth. Furthermore, the implementation of stringent regulations for water and wastewater treatments by the governments of various countries, especially in emerging economies, has increased the demand for calcium nitrate. When used in septic water, it increases the oxidation rate of biologically dissolved sulfide through autotrophic denitrification, thereby inhibiting the production of odorous compounds under anaerobic conditions.

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