Report Overview
Indan, also known by its Chemical Abstracts
Service (CAS) number 496-11-7, is an organic compound .
It is a colorless liquid hydrocarbon and a bicyclic compound, typically produced by the hydrogenation of indene.
Indan occurs naturally at approximately 0.1% in coal tar and is primarily utilized as an intermediate in the synthesis of various chemicals, including pharmaceuticals and agrochemicals.
Market Analysis
The global Indan Market was valued at approximately USD 5 million in 2023 and is projected to reach USD 7.37 million by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.40% during the forecast period.
This growth is attributed to the increasing demand for Indan in various applications, particularly in the pharmaceutical and chemical industries.
