The global nitric acid market is slated to experience an increased demand from several end-use industries across the globe. The market is characterized by the presence of players who are constantly on the lookout for a greater market share. The production of nitric acid is an important component for market players within the industry, and hence, these players are concentrating on making their production process efficient and swift. This is expected to optimize their profit margins and offer growth opportunities. Moreover, the market players are also expected to enhance their distribution facilities in order to establish their relevance for the consumers. A nimble and swift distribution strategy is anticipated to ensure that the market players retain their consumer base.