A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Copper
Nitrate Market.
The study, titled “Copper
Nitrate Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2026”,
is available for sale on the firm’s website.
Copper
Nitrate Market: Overview
Copper
nitrate with chemical formula Cu(NO3)2 (not to be confused with
cuprous nitrate with chemical formula CuNO3) is an inorganic compound
that exists in blue crystalline solid form. It is soluble in ethanol,
ammonia, and water. Copper nitrate is insoluble in ethyl acetate. It
is synthesized by either direct reaction between copper and nitric
acid or dissolving copper carbonate in nitric acid.
Copper
nitrate is employed in various applications. It is primarily used in
synthesis of copper oxide, which is further employed in many organic
synthesis processes as catalyst. When combined with acetic anhydride,
copper nitrate works as an active reagent for nitration of aromatic
compounds. Mixing copper with nitric acid is one of the synthesis
methods of copper nitrate. Thus, it also acts as a source for nitric
acid by reversing the reaction by providing heat. Copper nitrate is
heated until it decomposes, and the fumes are then passed directly
into water to generate nitric acid.
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Copper
nitration solution is used as polishing agent for other metals. It is
also used as dye in the textile industry. It is also used in firework
displays; however, its usage in pyrotechnics is limited. Copper
nitrate is also commonly employed in laboratories in schools and
colleges in the demonstration of chemical voltaic cell reactions.
Copper
Nitrate Market Trends
Hydration
of the anhydrous material or treatment of copper metal with an
aqueous solution of silver nitrate or concentrated nitric acid can
lead to the formation of hydrated copper nitrate. Copper metal when
treated with N2O4 results in the formation of anhydrous Cu(NO3)2.
Copper nitrate occurs in the anhydrous form as well as in the
following five hydrated forms: monohydrate (Cu(NO3)2·H2O),
sesquihydrate (Cu(NO3)2·1.5H2O), hemipentahydrate (Cu(NO3)2·2.5H2O),
trihydrate (Cu(NO3)2·3H2O), and hexahydrate (Cu(H2O)6](NO3)2). Among
these, trihydrate and hexahydrate are the common forms of hydrated
copper nitrate.
Copper
nitrate is primarily employed as reagent in the synthesis of copper
oxide, which is further used in the ceramic industry as blue, green,
or red, or sometimes pink, black, or gray pigments in glasses,
enamels, and glazes. Copper oxide is also used as raw material in the
production of other copper salts; some of these copper salts can be
used as wood preservatives. Copper oxide is also used during welding
with copper alloys.
The
usage of copper nitrate as reagent in the nitration process of
aromatic compounds entails the introduction of nitro group from
copper nitrate into final organic compound. The nitration process is
employed in major industrial applications. For instance, it is used
in the production of nitrobenzene, a nitroaromatic compound.
Nitroaromatic compounds are used as chemical intermediates and
precursors.
Copper
Nitrate Market Segmentation
Based
on product available in the copper nitrate industry, the copper
nitrate market can be segmented into anhydrous and hydrated copper
nitrate.
In
terms of purity level, the copper nitrate can be divided into 2N, 3N,
4N, and 5N.
Based
on composition, the copper nitrate market can be segmented into
monohydrate, sesquihydrate, hemipentahydrate, trihydrate, and
hexahydrate.
In
terms of application, the market can be divided into organic
synthesis processes, laboratory experiments, textile dyes, polishing
agent, and others.
Copper
Nitrate Market: Region-wise Outlook
Currently,
Asia Pacific, North America, and Europe are the key regional markets
for copper nitrate. This trend is estimated to continue in the near
future. In terms of production and consumption, Asia Pacific
dominated the global copper nitrate market due to the vast
application of its successor, i.e. copper oxide, in the region.
Presence of high number of manufacturers in China and India is also
driving the copper nitrate market in Asia Pacific. The region is
followed by Europe and North America, respectively.
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Copper
Nitrate Market: Key Players
Key
players operating in the copper nitrate market include American
Elements, International Biological Laboratories, Chemical Point UG,
Alpha Chemika, COMBINED CHEMICALS, Sigma-Aldrich Co. LLC., Beijing
Science and Technology Co. Ltd., MINS GROUP CO. LIMITED, and ALS
Environmental.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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