Global Nitromethane Market Growth 2025-2031

Global Nitromethane Market Growth 2025-2031

The global Nitromethane market size is predicted to grow from US$ 209 million in 2025 to US$ 302 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.

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.

Global Nitromethane key players include ANGUS, Yuan Bo Chemical, Xinglu Chemical, etc. Global top three manufacturers hold a share about 65%.

Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America, both have a share about 50 percent.

In terms of product, 0.99 Grade is the largest segment, with a share about 60%. And in terms of application, the largest application is Solvent, followed by Synthesis Intermediates.

LP Information, Inc. (LPI) ' newest research report, the “Nitromethane Industry Forecast” looks at past sales and reviews total world Nitromethane sales in 2024, providing a comprehensive analysis by region and market sector of projected Nitromethane sales for 2025 through 2031. With Nitromethane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nitromethane industry.

This Insight Report provides a comprehensive analysis of the global Nitromethane landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nitromethane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nitromethane market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nitromethane and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nitromethane.

This report presents a comprehensive overview, market shares, and growth opportunities of Nitromethane market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
0.999 Grade
0.995 Grade
0.99 Grade

Segmentation by Application:
Solvent
Synthesis Intermediates
Fuel
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ANGUS
Yuan Bo Chemical
Zibo Xinglu Chemical Factory
Hubei Grand Fuch
Xinghui Chemical
Shandong Baoyuan Chemical
Wujiang Bolin Industry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nitromethane market?

What factors are driving Nitromethane market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nitromethane market opportunities vary by end market size?

How does Nitromethane break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.