Market Overview:
The global cesium nitrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cesium nitrate in various applications such as reagents and catalysts. North America is expected to lead the global cesium nitrate market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Cesium nitrate is a salt of cesium and nitric acid. It is used in the production of explosives, fireworks, and other pyrotechnic devices.
Not less than 90.0%:
The global market for cesium nitrate is expected to witness significant growth over the forecast period owing to its usage in various end-use industries such as agriculture, medical and pharmaceuticals, oil & gas exploration, and others. Cesium nitrate is a salt formed by mixing cesium with nitrogenous oxide. It has a white crystalline appearance similar to table salt but has a much higher content of active ingredients.
Not less than 99.9%:
Cesium nitrate is used in the production of fertilizers. It contains cesium and nitrogen content as high-quality fertilizer material. Cesium nitrate has a wide range of applications including explosives, pyrotechnics, and propellant for fireworks owing to its high combustion rate.
Application Insights:
Cesium nitrate is used as a reagent in chemical laboratories for the determination of nitrogen and carbon. The demand for cesium nitrate as a reagent is expected to be driven by its use in protein crystallization, blood gas analysis, and other research applications. It has also found application as an industrial catalyst over the past few years owing to its high activity level which results into lower costs associated with it. However, due to stringent government regulations related to environment pollution; Cesium Nitrate usage as a catalyst has been declining across various industries such as automotive & transportation and energy generation over the recent past.
Catalyst applications are anticipated witness significant growth at CAGR of XX% from 2017 to 2030 on account of increasing utilization in manufacturing diesel fuel from crude oil products like propane.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for Cesium nitrate from nuclear power plants for manufacturing fuel rods. Asia Pacific is also a major producer of cesium-based products, which has resulted in high exports from this region. China and India are among the top five producers of Cesium-137, with both countries possessing significant quantities that are unaccounted for by any regulatory authorities globally.
North America accounted for a volume share of more than 10% in 2017 owing to growing demand from end-use industries such as medical, electronics, semiconductors and batteries along with increasing R&D activities related to nuclear energy across U.S.
Growth Factors:
- Increasing demand for Cesium Nitrate in the semiconductor industry as a doping agent for silicon-based devices is expected to drive the market growth.
- Growing demand from the glass and ceramics industry owing to its excellent thermal shock resistance is another key factor that would fuel market growth.
- Rising application of Cesium Nitrate in pyrotechnics due to its high energy density is anticipated to create new opportunities for market players over the forecast period.
- Increasing use of Cesium Nitrate as a catalyst in various chemical processes is likely to propel market growth during the forecast period. 5) Growing investments by key players in R&D activities aimed at developing new applications of Cesium Nitrate will provide impetus to the overall market growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Cesium Nitrate Market Research Report
By Type
Not less than 90.0%, Not less than 99.9%
By Application
Reagent, Catalyst
By Companies
ABSCO, Albemarle, Dongpeng New Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Cesium Nitrate Market Report Segments:
The global Cesium Nitrate market is segmented on the basis of:
Types
Not less than 90.0%, Not less than 99.9%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Reagent, Catalyst
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABSCO
- Albemarle
- Dongpeng New Materials
Highlights of The Cesium Nitrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Not less than 90.0%
- Not less than 99.9%
- By Application:
- Reagent
- Catalyst
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cesium Nitrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cesium nitrate is a white, crystalline solid that is used in fireworks and as a component in atomic bombs. It is also used as an agricultural fertilizer.
Some of the key players operating in the cesium nitrate market are ABSCO, Albemarle, Dongpeng New Materials.
The cesium nitrate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cesium Nitrate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cesium Nitrate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cesium Nitrate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cesium Nitrate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cesium Nitrate Market Size & Forecast, 2018-2028 4.5.1 Cesium Nitrate Market Size and Y-o-Y Growth 4.5.2 Cesium Nitrate Market Absolute $ Opportunity
Chapter 5 Global Cesium Nitrate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cesium Nitrate Market Size Forecast by Type
5.2.1 Not less than 90.0%
5.2.2 Not less than 99.9%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cesium Nitrate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cesium Nitrate Market Size Forecast by Applications
6.2.1 Reagent
6.2.2 Catalyst
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cesium Nitrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cesium Nitrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cesium Nitrate Analysis and Forecast
9.1 Introduction
9.2 North America Cesium Nitrate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cesium Nitrate Market Size Forecast by Type
9.6.1 Not less than 90.0%
9.6.2 Not less than 99.9%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cesium Nitrate Market Size Forecast by Applications
9.10.1 Reagent
9.10.2 Catalyst
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cesium Nitrate Analysis and Forecast
10.1 Introduction
10.2 Europe Cesium Nitrate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cesium Nitrate Market Size Forecast by Type
10.6.1 Not less than 90.0%
10.6.2 Not less than 99.9%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cesium Nitrate Market Size Forecast by Applications
10.10.1 Reagent
10.10.2 Catalyst
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cesium Nitrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cesium Nitrate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cesium Nitrate Market Size Forecast by Type
11.6.1 Not less than 90.0%
11.6.2 Not less than 99.9%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cesium Nitrate Market Size Forecast by Applications
11.10.1 Reagent
11.10.2 Catalyst
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cesium Nitrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Cesium Nitrate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cesium Nitrate Market Size Forecast by Type
12.6.1 Not less than 90.0%
12.6.2 Not less than 99.9%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cesium Nitrate Market Size Forecast by Applications
12.10.1 Reagent
12.10.2 Catalyst
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cesium Nitrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cesium Nitrate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cesium Nitrate Market Size Forecast by Type
13.6.1 Not less than 90.0%
13.6.2 Not less than 99.9%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cesium Nitrate Market Size Forecast by Applications
13.10.1 Reagent
13.10.2 Catalyst
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cesium Nitrate Market: Competitive Dashboard
14.2 Global Cesium Nitrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABSCO
14.3.2 Albemarle
14.3.3 Dongpeng New Materials