Market Overview
According to DIResearch's in-depth investigation and research, the global Nitromethane market size will reach 244.09 Million USD in 2025 and is projected to reach 382.57 Million USD by 2032, with a CAGR of 6.63% (2025-2032). Notably, the China Nitromethane market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Nitromethane is a chemical compound with the molecular formula CH3NO2. It is a clear, colorless liquid with a distinctive odor. Nitromethane is a highly volatile and flammable compound that finds application in various industries and sectors. One of its primary uses is as a solvent and intermediate in chemical synthesis, particularly in the production of pharmaceuticals, pesticides, and dyes. It is also used as a fuel additive in racing and high-performance engines, such as drag racing and model engines, due to its high oxygen content and ability to enhance the combustion efficiency. In addition to its use as a solvent and fuel additive, nitromethane is also employed as an ingredient in explosives and propellants, including in the synthesis of explosives like trinitrotoluene (TNT) and in rocket motors. It is essential to handle nitromethane with great care, due to its flammability and potential hazards associated with its use.
The major global manufacturers of Nitromethane include ANGUS, Yuan Bo Chemical, Zibo Xinglu Chemical Factory, Hubei Grand Fuch, Xinghui Chemical, Shandong Baoyuan Chemical, Wujiang Bolin Industry, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Nitromethane. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Nitromethane market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Nitromethane market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Nitromethane industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Nitromethane Include:
ANGUS
Yuan Bo Chemical
Zibo Xinglu Chemical Factory
Hubei Grand Fuch
Xinghui Chemical
Shandong Baoyuan Chemical
Wujiang Bolin Industry
Nitromethane Product Segment Include:
0.999 Grade0.995 Grade0.99 Grade
Nitromethane Product Application Include:
Solvent
Synthesis Intermediates
Fuel
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Nitromethane Capacity and Production Analysis
Chapter 3: Global Nitromethane Industry PESTEL Analysis
Chapter 4: Global Nitromethane Industry Porter's Five Forces Analysis
Chapter 5: Global Nitromethane Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Nitromethane Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Nitromethane Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Nitromethane Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
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