Global Acetonitrile Market : Industry Analysis and Forecast 2020 – 2026 : By Type, Application and Region.

Global Acetonitrile Market size was valued at US$ XX Mn. in 2019 and is expected to grow at a CAGR of 6.02%over 2020-2026, to account for US$ XX Mn. in 2026.

Global Acetonitrile Market Overview:

Acetonitrile is a colorless chemical compound with the formula of CH3CN. Acetonitrile is widely used in the pharmaceutical sector to synthesize novel medicaments, pesticides, vitamin B1, and various other products. Key manufacturers of acetonitrile are mostly in the UK, Korea, USA, Japan, and China. Asahi Kasei in Japan, NEOS in the U.S., and CNPC Group in China are the major companies in the acetonitrile market globally.

Global Acetonitrile Market, by Application Share (in %)

Global Acetonitrile Market To Know About The Research Methodology :- Request Free Sample Report The global acetonitrile market is being driven by high demand for acetonitrile for drug recrystallization and companies are focusing to produce acetonitrile in various applications. For example, Ineos AG is the world’s largest marketer and producer of Acetonitrile, a co-product of Acrylonitrile mainly used as a solvent in the production of pharmaceuticals, fine chemicals and agricultural products with services located in Lima, Ohio and Port Lavaca, Texas in the U.S., and Teeside in the U.K. Furthermore, growing demand as raw material for chemical synthesis is further projected to increase the growth of the market over 2020-2026. On the flip side, the global acetonitrile market is hampered by the growing demand for substitute products.

Covid-19 Impact on Global Acetonitrile Market:

The MMR report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and the same is reflected in our analysis. COVID-19 has enhanced the adoption of acetonitrile during a pandemic because of growing demand from the pharmaceutical industry. INEOS G, a major player in the industry and a prominent producer of acetonitrile, has been widely producing the product throughout the pandemic to be used in pharmaceutical analysis processes vital to finding vaccines. This increased demand is likely to influence the acetonitrile market in the estimated period positively.

Global Acetonitrile Market Segmentation:

By type, the solvent segment is estimated to account for XX% of the total market share in 2019 and is expected to grow at the highest CAGR of 8.10% during the forecast period. Solvent serves various purposes for instance it is used for polymer casting and spinning, DNA synthesis & peptide sequencing, stabilizer for chlorinated solvents, and purification of wool resins. Among the applications, the pharmaceutical is expected to reach US$ XX Bn. by 2026 at a CAGR of 7.12% over the forecast period thanks to the growing demand for recrystallization of drugs from the pharmaceutical sectors. Likewise, the Maximize Market Research report will provide an accurate prediction of the contribution of the various segments to the growth of the global acetonitrile market size.

Global Acetonitrile Market Regional Analysis:

Asia Pacificacetonitrile marketwas valued at US$ XX Mn. in 2019 and is expected to reach a value of US$ XX Mn. by 2026, with a CAGR of XX.56% during the forecast period. The major factors responsible for the growth of the Asia Pacificacetonitrile marketarethe rising number of end-use industries and the constantly increasing population in APAC. Key players are constructing a new plant for acetonitrile in the APAC. Such as, Asahi Kasei Corporation has finalized a decision to construct a novel acetonitrile plant in Korea. ThisKorean acetonitrile plant will have a production capacity of 11,000 tons yearly.China is expected to lead the APAC acetonitrile market, generating revenue worth US$XX Mn by 2026. Global Acetonitrile Market1 Competitive Landscape: The MMR research study includes the profiles of leading companies operating in the global acetonitrile market.In July 2019, Balaji Amines ltd. started the manufacture of its acetonitrile plant having an overall installed capacity of 9,000 tons yearly. The new facility will majorly meet the rising demand from agrochemical industries and domestic pharmaceuticals. The objective of the report is to present a comprehensive analysis of the Global Acetonitrile Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Acetonitrile Market dynamics, structure by analyzing the market segments and project the Global Acetonitrile Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Acetonitrile Market make the report investor’s guide.

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Global Acetonitrile Market2

Global Acetonitrile Market, by Region

• Asia Pacific • North America • Europe • South America • Middle East & Africa

Global Acetonitrile Market Key Players

• Asahi Kasei Corporation • Ineos AG • Formosa Plastic Corporation • Imperial Chemical Corporation • Nova Molecular Technologies, Inc. • Tedia Company, Inc. • Avantor Performance Materials, LLC • Shanghai Secco Petrochemical Company Limited • Qingdao Shida Chemical Co., Ltd. • Nantong Acetic Acid Chemical Co., Ltd. • Taekwang Industrial Co., Ltd • GFS Chemicals, Inc. • Connect Chemicals GmbH • Concord Technology (Tianjin) Co., Ltd. • BiosolveChimie • Hunan Chem. Europe BV • Jilin Provincial Chemicals Import & Export Co., Ltd. • Alfa Aesar • Honeywell Research Chemicals • Mitsubishi Chemical Corporation • Pharmco-Aaper • Standard Reagents Pvt. Ltd. • Zibo Luzhong Chemical and Light Industry Co., Ltd. • Robinson Brothers

Global Acetonitrile Market

1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Acetonitrile Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Acetonitrile Market 3.4. Geographical Snapshot of the Acetonitrile Market, By Manufacturer share 4. Global Acetonitrile Market Overview, 2020-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Acetonitrile Market 5. Supply Side and Demand Side Indicators 6. Global Acetonitrile Market Analysis and Forecast, 2020-2026 6.1. Global Acetonitrile Market Size & Y-o-Y Growth Analysis. 7. Global Acetonitrile Market Analysis and Forecasts, 2020-2026 7.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 7.1.1. Derivative 7.1.2. Solvent 7.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 7.2.1. Pharmaceutical 7.2.2. Analytical Industry 7.2.3. Agrochemical 7.2.4. Extraction 7.2.5. Others 8. Global Acetonitrile Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Acetonitrile Market Analysis and Forecasts, 2020-2026 9.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 9.1.1. Derivative 9.1.2. Solvent 9.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 9.2.1. Pharmaceutical 9.2.2. Analytical Industry 9.2.3. Agrochemical 9.2.4. Extraction 9.2.5. Others 10. North America Acetonitrile Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Acetonitrile Market Analysis and Forecasts, 2020-2026 11.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 11.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 12. Canada Acetonitrile Market Analysis and Forecasts, 2020-2026 12.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 12.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 13. Mexico Acetonitrile Market Analysis and Forecasts, 2020-2026 13.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 13.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 14. Europe Acetonitrile Market Analysis and Forecasts, 2020-2026 14.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 14.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 15. Europe Acetonitrile Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Acetonitrile Market Analysis and Forecasts, 2020-2026 16.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 16.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 17. France Acetonitrile Market Analysis and Forecasts, 2020-2026 17.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 17.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 18. Germany Acetonitrile Market Analysis and Forecasts, 2020-2026 18.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 18.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 19. Italy Acetonitrile Market Analysis and Forecasts, 2020-2026 19.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 19.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 20. Spain Acetonitrile Market Analysis and Forecasts, 2020-2026 20.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 20.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 21. Sweden Acetonitrile Market Analysis and Forecasts, 2020-2026 21.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 21.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 22. CIS CountriesAcetonitrile Market Analysis and Forecasts, 2020-2026 22.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 22.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 23. Rest of Europe Acetonitrile Market Analysis and Forecasts, 2020-2026 23.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 23.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 24. Asia Pacific Acetonitrile Market Analysis and Forecasts, 2020-2026 24.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 24.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 25. Asia Pacific Acetonitrile Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & ForecastBy Country, 2020-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Acetonitrile Market Analysis and Forecasts, 2020-2026 26.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 26.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 27. India Acetonitrile Market Analysis and Forecasts, 2020-2026 27.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 27.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 28. Japan Acetonitrile Market Analysis and Forecasts, 2020-2026 28.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 28.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 29. South Korea Acetonitrile Market Analysis and Forecasts, 2020-2026 29.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 29.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 30. Australia Acetonitrile Market Analysis and Forecasts, 2020-2026 30.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 30.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 31. ASEAN Acetonitrile Market Analysis and Forecasts, 2020-2026 31.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 31.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 32. Rest of Asia Pacific Acetonitrile Market Analysis and Forecasts, 2020-2026 32.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 32.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 33. Middle East Africa Acetonitrile Market Analysis and Forecasts, 2020-2026 33.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 33.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 34. Middle East Africa Acetonitrile Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Acetonitrile Market Analysis and Forecasts, 2020-2026 35.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 35.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 36. GCC Countries Acetonitrile Market Analysis and Forecasts, 2020-2026 36.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 36.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 37. Egypt Acetonitrile Market Analysis and Forecasts, 2020-2026 37.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 37.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 38. Nigeria Acetonitrile Market Analysis and Forecasts, 2020-2026 38.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 38.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 39. Rest of ME&A Acetonitrile Market Analysis and Forecasts, 2020-2026 39.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 39.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 40. South AmericaAcetonitrile Market Analysis and Forecasts, 2020-2026 40.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 40.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 41. South America Acetonitrile Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Acetonitrile Market Analysis and Forecasts, 2020-2026 42.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 42.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 43. Argentina Acetonitrile Market Analysis and Forecasts, 2020-2026 43.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 43.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 44. Rest of South America Acetonitrile Market Analysis and Forecasts, 2020-2026 44.1. Market Size (Value) Estimates & ForecastBy Type, 2020-2026 44.2. Market Size (Value) Estimates & ForecastBy Application, 2020-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Acetonitrile Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Asahi Kasei Corporation. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Ineos AG 45.3.3. Formosa Plastic Corporation 45.3.4. Imperial Chemical Corporation 45.3.5. Nova Molecular Technologies, Inc. 45.3.6. Tedia Company, Inc. 45.3.7. Avantor Performance Materials, LLC 45.3.8. Shanghai Secco Petrochemical Company Limited 45.3.9. Qingdao Shida Chemical Co., Ltd. 45.3.10. Nantong Acetic Acid Chemical Co., Ltd. 45.3.11. Taekwang Industrial Co., Ltd 45.3.12. GFS Chemicals, Inc. 45.3.13. Connect Chemicals GmbH 45.3.14. Concord Technology (Tianjin) Co., Ltd. 45.3.15. BiosolveChimie 45.3.16. Hunan Chem. Europe BV 45.3.17. Jilin Provincial Chemicals Import & Export Co., Ltd. 45.3.18. Alfa Aesar 45.3.19. Honeywell Research Chemicals 45.3.20. Mitsubishi Chemical Corporation 45.3.21. Pharmco-Aaper 45.3.22. Standard Reagents Pvt. Ltd. 45.3.23. Zibo Luzhong Chemical and Light Industry Co., Ltd. 45.3.24. Robinson Brothers 46. Primary Key Insights

About This Report

Report ID 301
Category Material & Chemical
Published Date Aug 2019
Updated Date April 2021
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