Acetonitrile Market Forecasts to 2028 – Global Analysis By Purpose (Extraction Solvent, Feedstock, Reaction Solvent, Reagent), End User (Agriculture Industry, Analytical Industry, Pharmaceutical) and By Geography

August 2021 | 150 pages | ID: A0B76436DE9EEN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Acetonitrile Market is accounted for $252.30 million in 2020 and is expected to reach $427.07 million by 2028 growing at a CAGR of 6.8% during the forecast period. The increasing use of acetonitrile in different applications, and high demand for acetonitrile for drug recrystallization are the factors driving the market growth. However, the increasing demand for substitute product prionil is hampering the growth of the market.

Acetonitrile is the simplest of organic nitriles with the chemical formula CH3CN. It is also known as cyanomethane, methyl cyanide, ethyl nitrile, methanecarbonitrile, etc. It is a clear, colourless liquid with a sweet, ethereal odour and is an important intermediate for pharmaceutical and functional material chemicals.

Based on the end user, the pharmaceutical industry segment is going to have lucrative growth during the forecast period due to the increased demand for recrystallization of drugs from the pharmaceutical industry.

By geography, Asia Pacific is going to have high growth during the forecast period owing to the increasing investments on pesticides, increasing R & D activities, and new medicines for improvement and development.

Some of the key players profiled in the Acetonitrile Market include Asahi Kasei Corporation, Avantor Performance Materials, LLC, Concord Technology (Tianjin) Co., Ltd., Connect Chemicals GmbH, Formosa Plastic Corporation, Imperial Chemical Corporation, Ineos AG, Jilin Provincial Chemicals Import & Export Co., Ltd., Nantong Acetic Acid Chemical Co., Ltd., Nova Molecular Technologies, Inc., Qingdao Shida Chemical Co., Ltd., Shanghai Secco Petrochemical Company Limited, Taekwang Industrial Co., Ltd, Tedia Company, Inc., and Zibo Luzhong Chemical and Light Industry Co., Ltd.

Types Covered:

• Derivative
• Solvent

Products Covered:

• Acetic Acid and Ammonia Synthesis
• Acetylene Ammonification Reaction
• Ammoxidation of Propylene

Purities Covered:

• More than 99.9%
• More than 99.5%

Purposes Covered:

• Extraction Solvent
• Feedstock
• Reaction Solvent
• Reagent

Applications Covered:

• Agrochemical
• Butadiene Extraction
• Deoxyribonucleic Acid (DNA) & Ribonucleic Acid (RNA) Synthesis
• Fats & Oils
• High-Performance Liquid Chromatography (HPLC) Solvents
• Industrial Application
• Intermediate
• Laboratory Preparation
• Organic Synthesis
• Pesticide
• Petrochemical (Vitamin B1)
• Research & Development
• Specialty Chemicals

End Users Covered:

• Agriculture Industry
• Analytical Industry
• Pharmaceutical

Sales Channels Covered:

• Direct Sales
• Distributor

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
• Comprehensive profiling of additional market players (up to 3)
• SWOT Analysis of key players (up to 3)
• Regional Segmentation
• Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
• Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL ACETONITRILE MARKET, BY TYPE

5.1 Introduction
5.2 Derivative
5.3 Solvent

6 GLOBAL ACETONITRILE MARKET, BY PRODUCT

6.1 Introduction
6.2 Acetic Acid and Ammonia Synthesis
6.3 Acetylene Ammonification Reaction
6.4 Ammoxidation of Propylene

7 GLOBAL ACETONITRILE MARKET, BY PURITY

7.1 Introduction
7.2 More than 99.9%
7.3 More than 99.5%

8 GLOBAL ACETONITRILE MARKET, BY PURPOSE

8.1 Introduction
8.2 Extraction Solvent
8.3 Feedstock
8.4 Reaction Solvent
8.5 Reagent

9 GLOBAL ACETONITRILE MARKET, BY APPLICATION

9.1 Introduction
9.2 Agrochemical
9.3 Butadiene Extraction
9.4 Deoxyribonucleic Acid (DNA) & Ribonucleic Acid (RNA) Synthesis
9.5 Fats & Oils
9.6 High-Performance Liquid Chromatography (HPLC) Solvents
9.7 Industrial Application
9.8 Intermediate
9.9 Laboratory Preparation
9.10 Organic Synthesis
9.11 Pesticide
9.12 Petrochemical (Vitamin B1)
9.13 Research & Development
9.14 Specialty Chemicals

10 GLOBAL ACETONITRILE MARKET, BY END USER

10.1 Introduction
10.2 Agriculture Industry
10.3 Analytical Industry
10.4 Pharmaceutical

11 GLOBAL ACETONITRILE MARKET, BY SALES CHANNEL

11.1 Introduction
11.2 Direct Sales
11.3 Distributor

12 GLOBAL ACETONITRILE MARKET, BY GEOGRAPHY

12.1 Introduction
12.2 North America
  12.2.1 US
  12.2.2 Canada
  12.2.3 Mexico
12.3 Europe
  12.3.1 Germany
  12.3.2 UK
  12.3.3 Italy
  12.3.4 France
  12.3.5 Spain
  12.3.6 Rest of Europe
12.4 Asia Pacific
  12.4.1 Japan
  12.4.2 China
  12.4.3 India
  12.4.4 Australia
  12.4.5 New Zealand
  12.4.6 South Korea
  12.4.7 Rest of Asia Pacific
12.5 South America
  12.5.1 Argentina
  12.5.2 Brazil
  12.5.3 Chile
  12.5.4 Rest of South America
12.6 Middle East & Africa
  12.6.1 Saudi Arabia
  12.6.2 UAE
  12.6.3 Qatar
  12.6.4 South Africa
  12.6.5 Rest of Middle East & Africa

13 KEY DEVELOPMENTS

13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies

14 COMPANY PROFILING

14.1 Asahi Kasei Corporation
14.2 Avantor Performance Materials, LLC
14.3 Concord Technology (Tianjin) Co., Ltd.
14.4 Connect Chemicals GmbH
14.5 Formosa Plastic Corporation
14.6 Imperial Chemical Corporation
14.7 Ineos AG
14.8 Jilin Provincial Chemicals Import & Export Co., Ltd.
14.9 Nantong Acetic Acid Chemical Co., Ltd.
14.10 Nova Molecular Technologies, Inc.
14.11 Qingdao Shida Chemical Co., Ltd.
14.12 Shanghai Secco Petrochemical Company Limited
14.13 Taekwang Industrial Co., Ltd
14.14 Tedia Company, Inc.
14.15 Zibo Luzhong Chemical and Light Industry Co., Ltd

List Of Tables

LIST OF TABLES

Table 1 Global Acetonitrile Market Outlook, By Region (2019-2028) (US $MN)
Table 2 Global Acetonitrile Market Outlook, By Type (2019-2028) (US $MN)
Table 3 Global Acetonitrile Market Outlook, By Derivative (2019-2028) (US $MN)
Table 4 Global Acetonitrile Market Outlook, By Solvent (2019-2028) (US $MN)
Table 5 Global Acetonitrile Market Outlook, By Product (2019-2028) (US $MN)
Table 6 Global Acetonitrile Market Outlook, By Acetic Acid and Ammonia Synthesis (2019-2028) (US $MN)
Table 7 Global Acetonitrile Market Outlook, By Acetylene Ammonification Reaction (2019-2028) (US $MN)
Table 8 Global Acetonitrile Market Outlook, By Ammoxidation of Propylene (2019-2028) (US $MN)
Table 9 Global Acetonitrile Market Outlook, By Purity (2019-2028) (US $MN)
Table 10 Global Acetonitrile Market Outlook, By More than 99.9% (2019-2028) (US $MN)
Table 11 Global Acetonitrile Market Outlook, By More than 99.5% (2019-2028) (US $MN)
Table 12 Global Acetonitrile Market Outlook, By Purpose (2019-2028) (US $MN)
Table 13 Global Acetonitrile Market Outlook, By Extraction Solvent (2019-2028) (US $MN)
Table 14 Global Acetonitrile Market Outlook, By Feedstock (2019-2028) (US $MN)
Table 15 Global Acetonitrile Market Outlook, By Reaction Solvent (2019-2028) (US $MN)
Table 16 Global Acetonitrile Market Outlook, By Reagent (2019-2028) (US $MN)
Table 17 Global Acetonitrile Market Outlook, By Application (2019-2028) (US $MN)
Table 18 Global Acetonitrile Market Outlook, By Agrochemical (2019-2028) (US $MN)
Table 19 Global Acetonitrile Market Outlook, By Butadiene Extraction (2019-2028) (US $MN)
Table 20 Global Acetonitrile Market Outlook, By Deoxyribonucleic Acid (DNA) & Ribonucleic Acid (RNA) Synthesis (2019-2028) (US $MN)
Table 21 Global Acetonitrile Market Outlook, By Fats & Oils (2019-2028) (US $MN)
Table 22 Global Acetonitrile Market Outlook, By High-Performance Liquid Chromatography (HPLC) Solvents (2019-2028) (US $MN)
Table 23 Global Acetonitrile Market Outlook, By Industrial Application (2019-2028) (US $MN)
Table 24 Global Acetonitrile Market Outlook, By Intermediate (2019-2028) (US $MN)
Table 25 Global Acetonitrile Market Outlook, By Laboratory Preparation (2019-2028) (US $MN)
Table 26 Global Acetonitrile Market Outlook, By Organic Synthesis (2019-2028) (US $MN)
Table 27 Global Acetonitrile Market Outlook, By Pesticide (2019-2028) (US $MN)
Table 28 Global Acetonitrile Market Outlook, By Petrochemical (Vitamin B1) (2019-2028) (US $MN)
Table 29 Global Acetonitrile Market Outlook, By Research & Development (2019-2028) (US $MN)
Table 30 Global Acetonitrile Market Outlook, By Specialty Chemicals (2019-2028) (US $MN)
Table 31 Global Acetonitrile Market Outlook, By End User (2019-2028) (US $MN)
Table 32 Global Acetonitrile Market Outlook, By Agriculture Industry (2019-2028) (US $MN)
Table 33 Global Acetonitrile Market Outlook, By Analytical Industry (2019-2028) (US $MN)
Table 34 Global Acetonitrile Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
Table 35 Global Acetonitrile Market Outlook, By Sales Channel (2019-2028) (US $MN)
Table 36 Global Acetonitrile Market Outlook, By Direct Sales (2019-2028) (US $MN)
Table 37 Global Acetonitrile Market Outlook, By Distributor (2019-2028) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.