The sodium nitrate market is expected to grow by 177.55 thousand MT during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
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Technavio has announced its latest market research report titled Global Sodium Nitrate Market 2020-2024 (Graphic: Business Wire)
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The growing population across the world has created a strong demand for food. This is increasing adoption of various methods and techniques to grow crops with high yield in a shorter time. Fertilizers play a vital role in enhancing crop yield. They increase the nitrogen content of the