Global Nitroglycerin API Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Nitroglycerin API Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Nitroglycerin API market size was valued at US$ 22.5 million in 2024 and is forecast to a readjusted size of USD 33 million by 2031 with a CAGR of 5.6% during review period.

Nitroglycerin, also known as nitroglycerine, trinitroglycerin, nitro, glyceryl trinitrate, or 1,2,3-trinitroxypropane, is a dense, colorless, oily, explosive liquid most commonly produced by nitrating glycerol with white fuming nitric acid under conditions appropriate to the formation of the nitric acid ester. This report focuses on nitroglycerin active pharmaceutical ingredient which is mainly use for intravenous, nitroglycerin patch and sublingual spray.

The nitroglycerin API (active pharmaceutical ingredient) market is primarily driven by its widespread use in cardiovascular treatments, especially for angina pectoris and heart failure. As heart disease remains a leading cause of death globally, the demand for effective treatments like nitroglycerin continues to rise. The aging population, increasing prevalence of lifestyle diseases such as hypertension, and growing awareness of cardiovascular health further drive market demand. Moreover, advancements in drug formulations and delivery methods are expanding the therapeutic applications of nitroglycerin.

However, the market faces challenges such as strict regulatory requirements, given the explosive nature of nitroglycerin. This makes its manufacturing, transportation, and storage complex and expensive. Additionally, the API's sensitivity to temperature and light can affect its stability, leading to shorter shelf life and increased handling costs. Furthermore, the rise of alternative cardiovascular therapies and generic competition may impact market growth, requiring manufacturers to constantly innovate and maintain high safety standards.

Global nitroglycerin API manufacturers include Novasep, Copperhead Chemical, etc.The top 5 companies hold a share about 85%. Europe is the largest consumption place, with a consumption market share nearly 33% in 2023. Following Europe, Asia-Pacific is the second largest consumption place with the consumption market share of 33%.

This report is a detailed and comprehensive analysis for global Nitroglycerin API market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Nitroglycerin API market size and forecasts, in consumption value ($ Million), sales quantity (kg), and average selling prices (USD/Kg), 2020-2031

Global Nitroglycerin API market size and forecasts by region and country, in consumption value ($ Million), sales quantity (kg), and average selling prices (USD/Kg), 2020-2031

Global Nitroglycerin API market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (kg), and average selling prices (USD/Kg), 2020-2031

Global Nitroglycerin API market shares of main players, shipments in revenue ($ Million), sales quantity (kg), and ASP (USD/Kg), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Nitroglycerin API

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Nitroglycerin API market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Novasep, Copperhead Chemical, Dipharma, Cambrex, Bharat Pharma, SD Sinepharm, Dorsa Pharmaceutical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Nitroglycerin API market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
10% NG
5% NG
2% NG
≥15% NG

Market segment by Application
Intravenous
Sublingual Spray
Nitroglycerin Patch
Sublingual Tablets
Capsules
Release Tablet
Ointment

Major players covered
Novasep
Copperhead Chemical
Dipharma
Cambrex
Bharat Pharma
SD Sinepharm
Dorsa Pharmaceutical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Nitroglycerin API product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Nitroglycerin API, with price, sales quantity, revenue, and global market share of Nitroglycerin API from 2020 to 2025.

Chapter 3, the Nitroglycerin API competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Nitroglycerin API breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Nitroglycerin API market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Nitroglycerin API.

Chapter 14 and 15, to describe Nitroglycerin API sales channel, distributors, customers, research findings and conclusion.