Acetonitrile Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, By Type (Derivative Acetonitrile and Solvent Acetonitrile), By Application (Pharmaceutical, Agrochemical, Butadiene Extraction, Research & Development and Others), By Purpose (Reagent, Reaction Solvent, Extraction Solvent, Feedstock), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAcetonitrile Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, By Type (Derivative Acetonitrile and Solvent Acetonitrile), By Application (Pharmaceutical, Agrochemical, Butadiene Extraction, Research & Development and Others), By Purpose (Reagent, Reaction Solvent, Extraction Solvent, Feedstock), By Region and Competition
Queen's University Belfast states that the pharmaceutical industry captures 70% of the global acetonitrile market.
Acetonitrile's use in liquid chromatography analyses is rising because of its exceptional physicochemical properties for separation and detection. However, much junk material is generated from fluid chromatography analysis using acetonitrile. Therefore, alternative substitutes like acetone and Ethyl Lactate are also entering the market due to their lesser carbon footprint and similar physicochemical properties as acetonitrile.
According to the International Energy Agency (IEA), petrochemicals will account for over a third of the growth in oil demand by 2030. Further, petrochemicals will consume 56 billion cubic meters of natural gas by 2030, nearly equal to half of Canada’s total gas consumption.
Increasing Demand from Various End-User Industries
In addition, in 2020, the pharmaceutical industry invested more than USD 39,600 million in R&D in Europe.
Mergers & Acquisitions
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Recent Development’s
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Market Segmentation
Global Acetonitrile Market is segmented based on
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Market players
Filo Chemical Inc., Neuchem Inc., Continental Industries Group, Sterling Chemicals, Inc.
DuPont de Nemours, Inc., CNPC Jilin Chemical Corp Ltd, Avantor Performance Materials LLC, Imperial Chemical Corporation, Asahi Kasei Medical Company Limited and Nova Molecular Technologies are some of the key players operating in the market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · By Type · By Application · By Purpose |
| Regional scope | Europe, North America, Asia Pacific, Middle East & Africa, South America |
| Country scope | Germany; France; United Kingdom; Russia; Sweden; Denmark; Switzerland; United States; Canada; Mexico; China; India; Japan; Australia; South Korea; South Africa; UAE, Saudi Arabia; Brazil ; Argentina ; Colombia |
| Key companies profiled | Filo Chemical Inc., Neuchem Inc., Continental Industries Group, Sterling Chemicals, Inc., DuPont de Nemours, Inc., CNPC Jilin Chemical Corp Ltd, Avantor Performance Materials LLC, Imperial Chemical Corporation, Asahi Kasei Medical Company Limited and Nova Molecular Technologies |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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