Global Acetonitrile Market Growth, Size, Share, Industry Report and Forecast 2021-2027
The global acetonitrile
market is anticipated to grow significantly at a CAGR of 4.5%
over the forecast period (2021-2027). Acetonitrile is widely used as a solvent;
it also synthesizes dyestuff and is an important intermediate raw material for
medicine and agricultural pesticides. It plays an important role in organic
synthesis as well. Due to its application in the manufacturing of antibiotics
and demand for chemical synthesis in medical formulas the pharmaceutical
industry segment of the market is estimated to hold a lucrative share in the
market applications and the end-user industry.
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In November 2018, as per the research paper published by the Journal of
Analytical Chromatography and Spectroscopy, acetonitrile act as a mobile phase
modifying agent in the High-performance chromatography HPLC devices. In October
2016, researchers at Oxford University developed a new solvent by combining
methylamine and acetonitrile. The new solvent has a low boiling point and
viscosity and was used to crystallize perovkite films at room temperature. The
films can be used to coat solar panels. Thus, increasing use of acetonitrile in
new solvent applications, and increasing demand for specialty solvents are
expected to drive the demand for the acetonitrile market during the forecast
period.
Apart from this, the key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance in early 2016, Thermo Fisher Scientific acquired Affymetrix including its USB biochemicals products to enhance its product portfolio and expand its geographical reach and production. Further, in January 2017, Thermo Scientific moved Affymetrix, USB biochemicals onto alfa.Com intended to offer purchase of Alfa Aesar Biochemicals under the one roof, life Science Station. In June 2015, Alfa Aesar extended its New Lab start-up program to include Europe. The program was designed to make Alfa Aesar products such as specialty chemicals including acetonitrile, available to researchers through an affordable discount program. Previously it was only available in the UK, US, and Canada. Hence, owing to these aforementioned factors, the growth of the acetonitrile market is likely to be witnessed over the forecast period.
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
·
Segment
Covered- By type, by Applications, and By End-User
·
Regions
Covered- North America, Europe, Asia-Pacific, Rest of the World
·
Competitive
Landscape- INEOS, Mitsubishi Chemical Corp., Asahi Kasei Corp., Jiangsu
Sailboat Petrochemical Co., Ltd., Jilin Provincial Chemicals Import &
Export Co., Ltd. , Merck KGaA, Shanghai SECCO Petrochemical Co., Ltd.
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment/region dominates the market in the base year?
·
Which
segment/region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
·
Recovery
Timeline
·
Deviation
from the pre-COVID forecast
·
Most
affected region/segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
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A
full Report of Global Acetonitrile Market is Available at: https://www.omrglobal.com/industry-reports/acetonitrile-market
Global
Acetonitrile Market – Segmentation
·
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
Global
Acetonitrile Market – Segmentation by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
Asahi
Kasei Corp.
·
Balaji
Amines, Ltd.
·
BASF SE
·
Biosolve
Chimie
·
China
National Petroleum Corp.
·
GFS
Chemicals, Inc.
·
Greenfield
Global, Inc.
·
Honeywell
International, Inc.
·
Hunan
Chemical B.V.
·
Imperial
Chemical Corp.
·
INEOS
Group, Ltd.
·
Jiangsu
Sailboat Petrochemical Co., Ltd.
·
Jilin
Provincial Chemicals Import & Export Co., Ltd.
·
Mitsubishi
Chemical Corp.
·
Merck
KGaA
·
Nova
Molecular Technologies, Inc.
·
Shanghai
SECCO Petrochemical Co., Ltd.
·
Robinson
Brothers, Ltd.
·
Standard
Reagents Pvt. Ltd.
·
Thermo
Fisher Scientific, Inc.
·
VWR
International, LLC
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