North American Acetonitrile Market Size, Share, Analysis, Industry Report and Forecast 2021-2027

 The North American acetonitrile market is anticipated to grow at a CAGR of 4.2% during the forecast period (2021-2027). Acetonitrile was first prepared by Jean Baptiste Dumas in the year 1847. It is mainly produced as a by-product of acrylonitrile manufacture. Acetonitrile is widely used in battery applications owing to its relatively high dielectric constant and ability to dissolve electrolytes. The new battery production line is being added to manufacture battery packs featuring new, next-generation cells in Los Angeles Country. The facility aims at expanding Proterra's battery production capacity to meet the growing demand for the company's battery systems in Proterra Powered commercial vehicles and Proterra’s transit buses. Similarly, in December 2019, GM Company and LG Chem announced to invest nearly $2.3 billion to build a 30 GWh battery factory in Lordstown, Ohio. Thus, the expansion of new production lines for batteries is contributing to the growth of the acetonitrile market in the region.  

To Request a Sample of our Report on North American Acetonitrile Market:  https://www.omrglobal.com/request-sample/north-american-acetonitrile-market

Acetonitrile is used as a solvent in the manufacturing of pharmaceuticals, casting, and molding plastics. Most of the Acetonitrile produced is used in the production of insulin and antibiotics, including third-generation cephalosporins. The US market in the North American region has the major share in the market owing to robust investments in R&D, high healthcare expenditure, the presence of major players, and the rising incidence and prevalence rate of diabetic patients. According to the IDF, in 2019, the total adult population in the US with diabetes was 31.0 million, while in Canada was 2.8 million. The rising cases of diabetes are expected to increase the demand for insulin, which in turn will drive the acetonitrile market in North America. 

 Further, the broad applications of acetonitrile are expected to drive the market during the forecast period. For instance, Acetonitrile is used in the formation of nail polish remover. It is used in the extraction of copper as well as refining. Moreover, it is used as a solvent in electrochemical cells, chromatography chemists, and chemical reactions. It is widely used in the production of synthetic pharmaceuticals. In laboratories, acrylonitrile is used as a medium-polarity solvent which is miscible with water and also with a range of organic solvents but, it is not miscible with saturated hydrocarbons. However, a limited number of direct production facilities of acetonitrile across the region acts as a restraint to the growth of the acetonitrile market. 

 (Get 15% Discount on Buying this Report)

A full Report of North American Acetonitrile Market is Available at:  https://www.omrglobal.com/industry-reports/north-american-acetonitrile-market

 Market Coverage

·        The market number available for – 2020-2027

·        Base year- 2020

·        Forecast period- 2021-2027

·        Segment Covered- 

·        By Type

·        By Application 

·        By End-User Industry

·        Competitive Landscape- BASF SE, Thermo Fisher Scientific, GFS Chemical Inc, Honeywell International Inc, Nova Molecular Technologies, Mitsubishi Chemical Corporation, and so on

Global Acetonitrile Market – Segmentation

 By Type

·        Derivative 

·        Solvent 

By Application 

·        Organic Synthesis

·        Specialty Chemicals

·        HPLC Solvents

·        Pharmaceutical

·        Extraction

·        DNA and RNA Synthesis 

·        Others

By End-User Industry 

·        Pharmaceutical Industry

·        Analytical Industry

·        Agricultural Industry 

·        Others 

North American Acetonitrile Market Report Segment

·        US

·        Canada

Company Profiles 

·        Asahi Kasei Corp.

·        Barite World 

·        BASF SE

·        CJ Chemicals 

·        GFS Chemicals, Inc. 

·        Greenfield North American, Inc. 

·        Honeywell International, Inc.

·        Imperial Chemical Corp.

·        INEOS Group, Ltd. 

·        Merck KGaA

·        Mitsubishi Chemical Corp.

·        Nova Molecular Technologies, Inc.

·        Tedia Company 

·        Thermo Fisher Scientific, Inc.

·        VWR International, LLC

Reasons for Buying from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/north-american-acetonitrile-market

 About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

Comments

Post a Comment

Popular posts from this blog

European Data Backup and Recovery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

  European Data Backup and Recovery Market are expected to reach $5.7 billion in 2027, growing at a CAGR of 9.5% during the forecast period (2021-2027). Factors responsible for the growth of the market in Europe are well-developed telecommunication infrastructure, high internet penetration, high adoption of cloud-based devices among people and organization. Regulations regarding the data localization such as GDPR by the European Union and countries own data localization and protection act are providing growth to the market. Major economies which are expected to hold a considerable market are UK, Germany, France, Italy, and Spain. These economies are part of the European Union, which covers most of the continent. The aim of the European Union was to increase economic cooperation and encourage free trade among countries. To Request a Sample of our Report on European Data Backup and Recovery Market :   https://www.omrglobal.com/request-sample/european-data-backup-recovery-...
Read more

Insect Repellent Market Is Likely to Experience a Tremendous Growth by 2031

This informative Insect Repellent Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can boost up the revenue rate of their business. It also permits key organizations to make communication with customers and know their demands for making right investment in the product development. By increasing the product portfolio by referring the important market data provided in this Insect Repellent Market research report, key players can grow and expand their business forward. Continuously developing customer demands are also described in this global report to help new entrants make required changes in the final product launch and then bring into the market. It becomes easy for key players to prioritize the demands and requirements of target audience and have complete understanding of end-user experience with the help o...
Read more

Asia-Pacific Urban Air Mobility Market Growth, Size, Share, Industry Report and Forecast 2019-2025

The Asia-Pacific urban air mobility market is estimated to grow at a CAGR of 12.6% during the forecast period. The Asia-Pacific urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment dominated the global urban air mobility market. To Request a Sample of our Report on Asia-Pacific Urban Air Mobility Market :   https://www.omrglobal.com/request-sample/asia-pacific-urban-air-mobility-market Asia-Pacific is home to several emerging economies and is seen as the potential market for the UAM owing to growing urbanization coupled with increasing traffic congestion and increasing high-income groups in the region. The growth of the As...
Read more