Global Nitromethane Market Insights and Forecast to 2027

SKU ID : QYR- 18049617

Publishing Date : 20-Apr-2021

No. of pages : 113

PRICE
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9800

  • Nitromethane is a colorless, oily, highly flammable liquid with a strong, disagreeable odor that emits toxic fumes of nitrogen oxides upon decomposition. Nitromethane is used to make industrial antimicrobials and pharmaceuticals and is also used as a soil fumigant and as a fuel in race car engines. Exposure to nitromethane irritates the skin and affects the central nervous system causing nausea, dizziness and narcosis. This substance is reasonably anticipated to be a human carcinogen.
    Nitromethane (chemical formula: CH3NO2) is the simplest organic nitro compound. At room temperature, it is a clear liquid with colorless oily shape and has the faint aromatic smell, with great polarity, flammable, toxic and explosive. It can be used as fuel and be mixed with ethanol, acetone, ether, as a good solvent and extraction agent. At the same time, nitromethane is also a common raw material in chemical industry and organic synthesis because of the strong activity of nitro -hydrogen.

    Market Analysis and Insights: Global Nitromethane Market
    The global Nitromethane market is valued at US$ 175.4 million in 2019. The market size will reach US$ 246 million by the end of 2026, growing at a CAGR of 4.9% during 2021-2026.

    Global Nitromethane Scope and Segment
    Nitromethane market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Nitromethane market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

    Segment by Type
    0.999 Grade
    0.995 Grade
    0.99 Grade

    Segment by Application
    Solvent
    Synthesis Intermediates
    Fuel
    Other

    By Company
    ANGUS
    Yuan Bo Chemical
    Zibo Xinglu Chemical Factory
    Hubei Grand Fuch
    Xinghui Chemical
    Shandong Baoyuan Chemical
    Wujiang Bolin Industry

    Production by Region
    China
    United States

    Consumption by Region
    North America
    U.S.
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Asia-Pacific
    China
    Japan
    South Korea
    India
    Australia
    Taiwan
    Indonesia
    Thailand
    Malaysia
    Philippines
    Vietnam
    Latin America
    Mexico
    Brazil
    Argentina
    Middle East & Africa
    Turkey
    Saudi Arabia
    UAE

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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