Aluminum Nitrate Nonahydrate Market

By End-Use Industry;

Agriculture, Fertilizer Production, Plant Nutrition, Chemical Manufacturing, Catalyst Production, Dye Production, Tanning Agents, Metal Finishing, Corrosion Inhibition, Surface Treatment, Pharmaceutical, Drug Manufacturing, Laboratory Analysis, Water Treatment, Industrial and Municipal

By Grade;

Electronic Grade, Food Grade, Reagent Grade and Technical Grade

By Form;

Crystal, Granule, Powder and Solution

By Sales Channel;

Direct Sales, Distributor and Online Retailer

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn434850477 Published Date: August, 2025 Updated Date: September, 2025

Aluminum Nitrate Nonahydrate Market Overview

Aluminum Nitrate Nonahydrate Market (USD Million)

Aluminum Nitrate Nonahydrate Market was valued at USD 17,042.68 million in the year 2024. The size of this market is expected to increase to USD 19,496.21 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.9%.


Aluminum Nitrate Nonahydrate Market

*Market size in USD million

CAGR 1.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)1.9 %
Market Size (2024)USD 17,042.68 Million
Market Size (2031)USD 19,496.21 Million
Market ConcentrationHigh
Report Pages335
17,042.68
2024
19,496.21
2031

Major Players

  • XiaXian Yunli
  • Strem Chemicals
  • Taiyuan Xinyufeng
  • Orrion Chemicals
  • Nithyasri Chemicals
  • Chongqing Hua'nan
  • Taiyuan Bohui
  • Thatcher Group
  • Shijiazhuang Xuanran

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Aluminum Nitrate Nonahydrate Market

Fragmented - Highly competitive market without dominant players


The Aluminum Nitrate Nonahydrate Market is growing steadily, supported by its extensive use in chemicals, pharmaceuticals, electronics, and specialty industries. Nearly 35% of overall demand stems from the chemical sector, where it functions as a reliable oxidizing agent, textile dyeing compound, and corrosion inhibitor. Its water solubility and reactive properties make it highly adaptable to multiple industrial applications.

Industrial Applications Driving Demand
Industrial utilization accounts for nearly 30% of market share, particularly in explosives, propellants, and pyrotechnics. Its strong oxidizing characteristics make it valuable for high-energy materials, ensuring consistent adoption in specialty chemicals. The compound’s stability further enhances its role in performance-critical applications.

Pharmaceutical and Laboratory Utilization
The pharmaceutical segment contributes close to 20% of the demand, as it is employed in drug formulation, laboratory analysis, and advanced chemical synthesis. Owing to its precision and solubility, aluminum nitrate nonahydrate is an essential component in research, diagnostics, and healthcare innovation.

Electronics and Ceramics Integration
Around 10% of demand originates from electronics and ceramics, where it is integrated into dielectric materials, ceramic coatings, and catalysts. Its thermal stability and insulating benefits provide enhanced efficiency for high-tech components and energy-focused applications.

Sustainability and Market Outlook
Sustainability and innovation are shaping the industry, with nearly 5% of consumption driven by emerging sectors, including environmental treatment and green chemical solutions. With increasing emphasis on eco-friendly practices and R&D investment, the market continues to evolve as a critical enabler of next-generation applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Aluminum Nitrate Nonahydrate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Agricultural fertilizers
        2. Chemical synthesis
        3. Water-soluble properties
      2. Restraints
        1. Environmental Regulations
        2. Raw Material Costs
        3. Health Concerns
      3. Opportunities
        1. Expansion Initiatives
        2. Technological Advancements
        3. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Aluminum Nitrate Nonahydrate Market, By Type, 2021 - 2031 (USD Million)
      1. Catalyst Grade
      2. Industrial Grade
      3. Others
    2. Aluminum Nitrate Nonahydrate Market, By Product Type 2021 - 2031 (USD Million)

      1. Granular Aluminum Nitrate Nonahydrate

      2. Powdered Aluminum Nitrate Nonahydrate

    3. Aluminum Nitrate Nonahydrate Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Direct Sales

      2. Online Retailers

    4. Aluminum Nitrate Nonahydrate Market, By Application, 2021 - 2031 (USD Million)
      1. Textile Industry
      2. Organic Synthesis
      3. Others
    5. Aluminum Nitrate Nonahydrate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. XiaXian Yunli
      2. Strem Chemicals
      3. Taiyuan Xinyufeng
      4. Orrion Chemicals
      5. Nithyasri Chemicals
      6. Chongqing Hua'nan
      7. Taiyuan Bohui
      8. Thatcher Group
      9. Shijiazhuang Xuanran
  7. Analyst Views
  8. Future Outlook of the Market