The global di nitro toluene market size is calculated at USD 3,180 million in 2024 and is predicted to reach around USD 9,120 million by 2034, expanding at a CAGR of 11.1% from 2024 to 2034.
The di nitro toluene market refers to the production, distribution, and application of this organic compound with formula C7H6N2O4. It is an organic compound pale yellow in color, solid crystalline in nature, and is also called a precursor to trinitrotoluene and is mainly produced as a precursor to toluene diisocyanate. This DNT compound is used in chemical manufacturing as intermediates, specifically for the production of toluene diisocyanate. It is also used in the synthesis of waterproofing and gelatinizing agents in commercial and military explosives and in producing polyurethane foams. There is a high demand for this compound in herbicides, automotive, explosives, plastics, and chemicals manufacturing applications which driving the growth of the di nitro toluene market.
However, the risk factors of the market include regulatory restrictions, high initial investments, high market competition, and supply chain disruptions that can hinder the growth of the market. The future scope of the market includes customization and personalization, increasing investment in research and development, development of innovative formulations, and expansion of the market that will help the growth of the di nitro toluene market.
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| Stats ID: | 7498 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7498 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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