Acetonitrile Market: Current Status, In-depth Analysis and Forecast Outlook 2027

The Acetonitrile Market is expected to witness market growth at a rate of 4.78% in the forecast period of 2021 to 2027 and is expected to reach USD 379.09 million by 2027.

Acetonitrile is a colorless liquid obtained as a by-product in the manufacture of acrylonitrile. The chemical formula is CH3CN. It is widely used in the pharmaceutical industry to synthesize new drugs, vitamin B1, pesticides and many other products. Used as a polar aprotic solvent in organic synthesis and in butadiene purification. Acetonitrile is a common two-carbon building block in the organic synthesis of a variety of useful chemicals including acetamidine hydrochloride, thiamine and α-naphthaleneacetic acid. Reaction with cyanogen chloride produces malononitrile. Despite its toxicity, it has been used in nail polish remover formulations.

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Market Segments

By Type:
• Derivative
• Solvent

By Application:
• Pharmaceutical
• Analytical Industry
• Agrochemical
• Extraction
• Others

Key Players

Key players operating in the global acetonitrile market include Merck KGaA, BASF SE, INEOS Nitriles Limited, Asahi Kasei Corporation, Mitsubishi Chemical Corporation, The Chemical Company, Fisher Scientific UK Ltd, Imperial Chemical Corporation, Avantor Inc., and Nova Molecular Technologies.

Scope of the Report

The research study analyzes the global Acetonitrile industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Acetonitrile Market Report

1. What was the Acetonitrile Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Acetonitrile Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Acetonitrile Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Acetonitrile market.
• The market share of the global Acetonitrile market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Acetonitrile market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Acetonitrile market.

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Contact Person: Mr. Anurag Tiwari
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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.