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North America Acetonitrile Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 124 pages | ID: N54FE780CF1CEN
IMARC Group

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Market Overview:

The North America acetonitrile market size reached 27,191 Tons in 2022. Looking forward, IMARC Group expects the market to reach 35,006 Tons by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.

Acetonitrile, which is also known as methyl cyanide and ethanenitrile, is a colourless, volatile and toxic solvent. It is a highly flammable chemical and being the simplest organic nitrile, is miscible with water and most of the organic solvents. Acetonitrile is utilized in the plastic industry to produce pure acrylonitrile and acrylonitrile butadiene styrene (ABS) plastic. In addition to this, it is used as a propylene oxide and ethanol replacement in tissue processing for transmission electron microscopy (TEM). Also, the aqueous form of acetonitrile is used in the agriculture industry as an extraction solvent.

In North America, the rapid urbanization and rising demand for lightweight vehicles have increased the production of ABS plastic as it provides high tensile and impact strength along with optimal resistance against various chemicals. Moreover, increasing demand for patent medicines and high-complex diseases have led to the rising demand of acetonitrile in the pharmaceutical industry in the region. Regulated concerns in the healthcare sector is expected to increase the demand of acetonitrile in the forthcoming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America acetonitrile market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on end-use.

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by End-Use
Pharmaceuticals
Analytical Industry
Agrochemicals
Extraction Industry
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America acetonitrile market performed so far and how will it perform in the coming years?
What are the key regions in the North America acetonitrile market?
What has been the impact of COVID-19 on the North America acetonitrile market?
What is the breakup of the North America acetonitrile market on the basis of end-use?
What are the various stages in the value chain of the North America acetonitrile industry?
What are the key driving factors and challenges in the North America acetonitrile industry?
What is the structure of the North America acetonitrile industry and who are the key players?
What is the degree of competition in the North America acetonitrile industry?
What are the profit margins in the North America acetonitrile industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL ACETONITRILE MARKET

5.1Market Performance
5.2Market Breakup by End-Use
5.3Market Breakup by Region
5.4Market Forecast

6 NORTH AMERICA ACETONITRILE MARKET

6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast

7 NORTH AMERICA ACETONITRILE MARKET: BREAKUP BY END-USE

7.1Pharmaceuticals
7.2Analytical Industry
7.3Agrochemicals
7.4Extraction Industry
7.5Others

8 NORTH AMERICA ACETONITRILE MARKET: BREAKUP BY COUNTRY

8.1 United States
  8.1.1Historical Market Trends
  8.1.2Market Breakup by End-Use
  8.1.3Market Forecast
8.2 Canada
  8.2.1Historical Market Trends
  8.2.2Market Breakup by End-Use
  8.2.3Market Forecast
8.3 Mexico
  8.3.1Historical Market Trends
  8.3.2Market Breakup by End-Use
  8.3.3Market Forecast

9 SWOT ANALYSIS

9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats

10 VALUE CHAIN ANALYSIS

10.1Overview
10.2Raw Material Procurement
10.3Manufacturing
10.4Distribution
10.5Export
10.6End-Use

11 PORTER’S FIVE FORCES ANALYSIS

11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Rivalry
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 PRICE ANALYSIS

13 COMPETITIVE LANDSCAPE

13.1Market Structure
13.2Key Players
13.3Profiles of Key Players

LIST OF TABLES

Table 1: North America: Acetonitrile Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Acetonitrile Market Forecast: Breakup by End-Use (in Tons), 2023-2028
Table 3: North America: Acetonitrile Market Forecast: Breakup by Country (in Tons), 2023-2028
Table 4: North America: Acetonitrile Market: Competitive Structure
Table 5: North America: Acetonitrile Market: Key Players

LIST OF FIGURES

Figure 1: North America: Acetonitrile Market: Major Drivers and Challenges
Figure 2: Global: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 3: Global: Acetonitrile Market: Breakup by End-Use (in %), 2022
Figure 4: Global: Acetonitrile Market: Breakup by Region (in %), 2022
Figure 5: Global: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 6: North America: Acetonitrile Market: Volume Trends (in Tons), 2017-2022
Figure 7: North America: Acetonitrile Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 8: North America: Acetonitrile Market: Breakup by End-Use (in %), 2022
Figure 9: North America: Acetonitrile (Pharmaceuticals) Market: Volume Trends (in Tons), 2017 & 2022
Figure 10: North America: Acetonitrile (Pharmaceuticals) Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 11: North America: Acetonitrile (Analytical Industry) Market: Volume Trends (in Tons), 2017 & 2022
Figure 12: North America: Acetonitrile (Analytical Industry) Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 13: North America: Acetonitrile (Agrochemicals) Market: Volume Trends (in Tons), 2017 & 2022
Figure 14: North America: Acetonitrile (Agrochemicals) Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 15: North America: Acetonitrile (Extraction Industry) Market: Volume Trends (in Tons), 2017 & 2022
Figure 16: North America: Acetonitrile (Extraction Industry) Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 17: North America: Acetonitrile (Other End-Uses) Market: Volume Trends (in Tons), 2017 & 2022
Figure 18: North America: Acetonitrile (Other End-Uses) Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 19: North America: Acetonitrile Market: Breakup by Country (in %), 2022
Figure 20: United States: Acetonitrile Market: Volume Trends (in Tons), 2017-2022
Figure 21: United States: Acetonitrile Market: Breakup by End-Use (in %), 2022
Figure 22: United States: Acetonitrile Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 23: Canada: Acetonitrile Market: Volume Trends (in Tons), 2017-2022
Figure 24: Canada: Acetonitrile Market: Breakup by End-Use (in %), 2022
Figure 25: Canada: Acetonitrile Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 26: Mexico: Acetonitrile Market: Volume Trends (in Tons), 2017-2022
Figure 27: Mexico: Acetonitrile Market: Breakup by End-Use (in %), 2022
Figure 28: Mexico: Acetonitrile Market Forecast: Volume Trends (in Tons), 2023-2028
Figure 29: North America: Acetonitrile Industry: SWOT Analysis
Figure 30: North America: Acetonitrile Industry: Value Chain Analysis
Figure 31: North America: Acetonitrile Industry: Porter’s Five Forces Analysis


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