Eurasian chemical market

Ukrainian Nitric Acid Market

     Nitric acid HNO3 is an inorganic compound of major industrial importance. In its pure form and at room temperature, it is a colourless liquid that fumes in moist air. However, its colour normally ranges from yellow to red due to the process of decomposition accompanied by nitrogen dioxide formation. Nitric acid is completely miscible with water, exhibiting the properties of strong acid in water solutions. Today, it is used mainly in fertiliser production.The overall capacity in Ukraine for non-concentrated nitric acid makes up nearly 2.8 million tpy, accounting for about 3.7% of the world total. Last year, Ukrainian manufacturers turned out 2.15 million tonnes of the product, which testifies to a 77% capacity utilisation rate.In this article we’ll examine the current state of the Ukrainian nitric acid market.

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