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The 2-Methyl-4-Nitrobenzenediazonium Tetrafluoroborate market is a prominent segment of the organic chemical industry. This industry deals in the manufacturing and distribution of diazonium salts across the world. It is denoted by a chemical formula of C7H6BF4N3O2 and a molecular weight of 250.946 g/mol. The CAS number of this organometallic compound is 455-90-3. The growing use of these compounds in the textile industry has contributed significantly to the industrial development. This market is anticipated to grow exponentially with the rise of the chemicals and materials industry around the globe.
The increased use of these compounds in histochemical detection of bilirubin and surface modification of carbon nanotubes has boosted market growth. Also, the growing application of 2-Methyl-4-Nitrobenzenediazonium Tetrafluoroborate in the chemical industry for organic synthesis of various chemical substances, along with its rising use as a dye for enterochromaffin cells is a significant contributor the industrial expansion. Moreover, the upsurge in demand for these organometallic compounds in spectrophotometry for determining aromatic diisocyanates and gallic acids coupled with its application in tissue staining is anticipated to accelerate the growth of the 2-Methyl-4-Nitrobenzenediazonium Tetrafluoroborate market. The growing adoption of advanced synthesis techniques along with increasing focus on drug development using diazo compounds is expected to create ample opportunities for the market players in the future.