Ceric Ammonium Nitrate Market Size, Share, Demand and Opportunity 2024-2032
The global ceric ammonium nitrate market size reached US$ 183.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 282.8 Million by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The expanding chemical industry, the increasing research and development activities across industries, the stringent environmental regulations necessitating more efficient and eco-friendly catalysts, the rising trend toward smaller and more intricate electronic components, and the growing pharmaceutical sector are some of the factors propelling the market.
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