World News: 09:10 GMT Friday 11th January 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Jan. 11, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. The bismuth nitrate market will register a CAGR of close to 5% by 2022.Increasing use of environment-friendly nitrating agent to trend in the market. Bismuth nitrate is used as nitrating agent in laboratory applications as it is non-toxic, inexpensive, easy to handle, and insensitive to air. Bismuth nitrate can be easily manufactured by treating bismuth metal and concentrated nitric acid. It can be manufactured both industrially and commercially without depending on latest technologies or equipment.Bismuth nitrate is a moderate to highly concentrated liquid solution that can be extremely hazardous if ingested.The market appears to be fragmented and with the presence of several companies including ProChem and Thermo Fisher Scientific, the competitive environment is quite intense. Factors such as the increasing use of environment-friendly nitrating agent and the easy production process, will provide considerable growth opportunities to bismuth nitrate manufactures. American Elements, Avantor, GFS Chemical, Merck, ProChem, and Thermo Fisher Scientific are some of the major companies covered in this report.
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Related Topics: Chemicals
Globe Newswire: 09:10 GMT Friday 11th January 2019
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