"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Nitromethane Market Size, Share & Industry Analysis, By Purity (>99%, <99%), By Application (Explosives, Solvent, Chemical Intermediate, Fuel & Fuel Additives, Others) and regional forecast 2021-2028

Region : Global | Report ID: FBI103966 | Status : Ongoing



Nitromethane is a simple organic compound with chemical formula CH3NO2.it is a polar compound that is generally used as solvent in many industrial applications. Also, it is widely used as a chemical intermediate in manufacturing of pharmaceuticals, pesticides, explosives, fibers and others. Nitromethane is a common fuel additive that is used in sport motors.  It is prepared by reacting propane with nitric acid in gas phase at temperature of 350-420 C.

Increasing demand from industrial sector for cleaning agents, semiconductor processing, cleaning and degreasing is likely to boost the market growth. Additionally, the use of nitromethane as stabilizers for chlorinated solvents and as solvent for dissolving the acrylate monomer used to make adhesives shall create positive impact on market. The use of nitromethane as fuel additive in racing sport and high performance fuel application due to lower consumption of air for consumption shall boost the market growth.

However, nitromethane is highly flammable liquid which also can cause explosions leading to financial and physical damage. This is expected to hinder the market growth.

Key Market Driver -

Increasing demand from industrial sector.

Key Market Restraint -

Highly flammable nature.

Market Segmentation:

Based on purity, the global nitromethane market is segmented into >99% and <99%. Based on application, is segmented into explosives, solvent, chemical intermediate, fuel & fuel additives, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global nitromethane market consists of global & regional players operating. Some of the key players in the market include Angus Chemical Company, Greenchem Industries LLC, Linyi Yuanbo Chemical Co., Ltd, Wujiang Bolin Industry Co., Ltd., Antera Agro Chem, CDH Fine Chemicals India, Jigchem Universal, Wego Chemical & Mineral Corp, Aceto Corporation, and others.

Key Insights

  • New Advancements in Production Technologies

  • Key Trends in the Nitromethane Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market

Regional Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held the largest share in the market in terms of value and volume in 2018. It is expected to continue its dominance attributed to high demand from large industrial bases in China and India. North America is expected to show significant growth attributed to the high demand from chemical and pharmaceutical sector. Europe is expected to show substantial growth due to the high demand for fuel and fuel additives containing nitromethane. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

To gain extensive insights into the market, Request for Customization




By Purity

  •  >99%

  • <99%

By Application

  • Explosives

  • Solvent

  • Chemical Intermediate

  • Fuel & Fuel Additives

  • Others

By Geography

  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Nitromethane Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019


  • 4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.