NEW YORK, Nov. 2, 2016 /PRNewswire/ -- Persistence Market Research analyzes the market in Australia and provides the findings in a new report offering data for 2015 along with data for the forecast period 2016-2024. The main objective of the report is to identify opportunities in the market and provide recent updates and insights affecting various segments of the Australia nitric acid market. Nitric acid is the basic raw material used for the production of ammonium nitrate. It also finds application in the production of fertilizers and is also used in precious metal refining and litho printing. To understand and assess opportunities in this market, the report is categorically divided into four sections - by product type, grade, application, and region. The market is segmented on the basis of product type into fuming and non-fuming; on the basis of grade into commercial grade and others; and on the basis of application into explosives and fertilizers. The report provides analysis of the Australia nitric acid market in terms of market volume and market value across five key regions.The report begins with a market overview and provides market definition and analysis of key drivers, restraints, opportunities, and trends in the nitric acid market in Australia. The overview section also includes a snapshot of the global nitric acid market as well as nitric acid production capacities in Australia. The report also includes an in-depth analysis of key drivers and restraints influencing the market. Key trends in the Australia nitric acid market are also included in the report to provide clients with useful decision-making insights. The sections that follow include market analysis by product type, by grade, by application, and by region; and present a forecast for the period 2016-2024. All the above sections evaluate the market on the basis of factors affecting the market covering both the present scenario and future prospects.