Acetonitrile Market Reach a Volume of 137,765 Tons by 2023 and CAGR 4%

1. Global Acetonitrile Market Research Report, Trends, Growth, Share and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Acetonitrile Market Report By End-Use (Pharmaceutical, Analytical Industry, Agrochemical, Extraction and Others), Region The global acetonitrile market has witnessed a positive growth over the past few years. This can be accredited to the versatile applications of acetonitrile as an intermediate, solvent and derivative in the pharmaceutical and chemical industries. Market Overview: Acetonitrile, also known as methyl cyanide, ethyl nitrile and cyanomethane, is a colourless chemical compound with the formula CH3CN. It is produced as a by-product while manufacturing acrylonitrile. Acetonitrile has a sweet, ethereal odour and acts as a vital intermediate in the pharmaceutical industry. For instance, it is used as a derivative in the production of sulpha pyrimidine and Vitamin B1. Apart from this, it also finds application as a raw material for manufacturing aromatizers, epoxy hardeners and agriculture pesticides. A new research report by IMARC Group, titled “Acetonitrile Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” estimates that the global acetonitrile market reached a volume of nearly 108,357 Tons in 2017. The report further anticipates the market to reach a volume of 137,765 Tons by 2023, exhibiting a CAGR of more than 4% during 2018-2023.

4. Report Description and Highlights Report Description • Global Acetonitrile Market Drivers/Constraints: • One of the primary factors driving the growth of the market is the usage of acetonitrile as a solvent for high performance liquid chromatography (HPLC) owing to its ultraviolet transparency, and low chemical reactivity and viscosity. • Acetonitrile is employed in the production of vitamins, agrochemicals, pesticides, plastics, special paints, synthetic fibre, etc. in industries such as chemical, pharmaceutical and petrochemical. Expansion in these industries represents another growth-inducing factor of the market. • Acetonitrile finds application in the manufacturing of batteries due to its high dielectric constant, stability and ability to dissolve electrolytes. Strong demand for lithium-ion batteries, as a result of their growing usage in electronic devices, is further propelling the market growth. • Some of the factors that hamper the global acetonitrile market include availability of the substitutes in the pharmaceutical industry, fluctuating prices of the raw materials and harmful consequences for human beings on prolonged exposure. • Acetonitrile Market Segmentation: • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=603&flag=B

5. Market Forecast Sample Figure: Global: Acetonitrile Market Forecast: Production Volume Trends (in ‘000 Tons), 2018-2023

6. Market Segmentation Report Description • Market Segmentation by End-Use • Pharmaceutical • Analytical Industry • Agrochemical • Extraction • Others • Based on end-use, the pharmaceutical industry currently represents the largest end-use segment of acetonitrile where it is used in the production of carbonate drugs, vitamins, certain amino acids and antibiotics. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • For more information, click here: https://www.imarcgroup.com/wearable-electronics-market

7. Market Segmentation Report Description • On a geographical front, Asia enjoys the leading position in the global acetonitrile market. Increasing population and growth in the end-use industries in the region have led to a rise in the consumption of acetonitrile. Other major regions include North America, Europe, Middle East and Africa, and Latin America. • Competitive Landscape: • The market is characterised with the presence of a small number of players. The manufacturers try to widen their regional presence and product portfolio so as to increase their profitability. Some of the leading players operating in the market are: • Asahi Kesai • PetroChina • Formosa • Secco • Sinopec • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

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12. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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