Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Nitroethane Price Trend Analysis 2026: Price Drivers, Latest News, Historical Prices, Supply Demand Analysis & Market Insights
Written ByUdeesha Tomar
Nitroethane Price Trend H1 2024
Asia
The nitroethane market in Asia demonstrated a mixed trend during the first half of 2024, reflecting fluctuations influenced by various market dynamics. In China, the first quarter witnessed a modest increase in demand driven by the expanding applications of nitroethane in the chemical industry. However, this positive momentum did not last.
By the second quarter, inventory pressures began to surface, leading to price stabilization as demand softened. Concurrently, India experienced a contrasting scenario, where positive downstream demand, particularly from the agrochemical sector, sustained a more positive price trajectory. The Indian market showed steady growth, attributed to the increasing consumption of nitroethane in various industrial applications.
Europe
In Europe, nitroethane prices initially experienced a downward trend, paralleling the struggles observed in other sectors. The first quarter was marked by sluggish demand from downstream industries, resulting in a buildup of inventory levels. However, as the weather improved and agricultural activities picked up in the second quarter, a renewed interest in nitroethane emerged, particularly for use in solvents and chemical synthesis. This shift led to a recovery in market sentiments, with prices beginning to stabilize as consumption increased. Overall, the European market reflected a cautious optimism as industrial demand gradually regained momentum.
North America
The North American nitroethane market exhibited a more stable outlook throughout the first half of 2024. Initially, the market experienced some upward pressure due to increased demand from various sectors, including pharmaceuticals and specialty chemicals. However, as the quarter progressed, the market faced buoyancy, with fluctuations in inventory levels impacting price stability. By the second quarter, the influx of stock began to weigh on the market, prompting some suppliers to adjust their pricing strategies. Despite these fluctuations, market sentiments remained generally favorable, bolstered by steady consumption patterns.
Analyst Insight
According to Procurement Resource, the nitroethane prices are likely to remain fluctuating in the coming months as well, and the feedstocks nitric acid and propane are likely to keep the markets driven.
Related Report
Need latest Nitroethane price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Procurement Resource Database
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
Nitroethane Dashboard Inclusions
0
+Products
0
+Regions
0
+Subscriptions
About Nitroethane
Nitroethane is an organic compound with the formula C2H5NO2, classified as a nitroalkane. It is a colorless, flammable liquid with a sweet odor, primarily used as a solvent and chemical intermediate in various industrial applications. Nitroethane serves as a fuel additive, enhancing the performance of certain fuels, and plays a role in the production of pharmaceuticals and pesticides. Additionally, it is utilized in polymer synthesis and analytical chemistry. Due to its unique properties, nitroethane is also studied for its potential in explosives and specialty chemicals.
Nitroethane Product Detail
Hs Code
2904 2090
Chemical Formula
C2H5NO2
Cas Number
79-24-3
Molecular Weight
75.07
Synonyms
Ethyl nitrite, Nitroethyl
Industrial Uses
Solvent, Chemical Intermediate, Fuel Additive, Pharmaceutical Manufacturing, Pesticide Production, Polymer Synthesis, Analytical Chemistry (Chromatography), Adhesives and Sealants
Supplier Database
Torrent Pharmaceuticals Limited, Shanxi Dideu, Yancheng Jiangzhong, Shanghai Bojing, Gow Chemical
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Nitroethane Production Processes
Nitroethane Production by the vapor-phase nitration of propane with nitric acid. The synthesis of nitroethane is carried out by the vapor-phase nitration of propane with nitric acid. The reaction is carried out by combining nitric acid with propane at an elevated temperature and controlled pressure. The process leads to the formation of the resultant, along with water as the byproduct. The resultant undergoes fractional distillation to produce nitroethane as the final product.
About the Author
Our Price Analysis Methodology
Schedule a demo
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Why Procurement Database
Commodity Market Intelligence
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Price Forecasts & Market Outlooks
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Cost & Procurement Optimization
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Global & Regional Market Insights
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
1/4