Acetonitrile Market 2022 Segmentation: Revenue Opportunity, Competitive Analysis and Forecast by 2027 | Asahi Kasei Corporation, Biosolve Chimie, Avantor

According to a recently released competitive intelligence analysis by Astute Analytica, this study provides a thorough overview and precise insights into future developments in the Acetonitrile Market industry. It will provide a thorough study of this market, taking into interpretation current events, trending projections, anticipated business openings, and data-based forecasts.

Regional Analysis:
As economies reopen and countries are lifting limitations, the US chemical industry is forecast for a significant recovery in 2022, which could boost plant utilization rates that were affected hard by the pandemic. In the United States, industrial production is forecast to increase by 5.5 percent in 2021 and 4.3 percent in 2022. Chemical volumes in the United States are forecast to rise 1.5 % in 2021 and 3.0% in 2022, while shipments to rise 8.0 % in 2021 and 2022, following a 13.5% drop in 2020.

The Asia Pacific region size value was 36.0% market share, maintaining the largest market share across all regions. As a result of the existence of critical developing economies such as China, India, and Japan in this region, recording the largest market share in the market.Paints and coatings, water treatment, personal care ingredients and cosmetics, electronics, agriculture, and other sectors employ chemicals throughout the Asia-Pacific area. For foreign investors, these places provide excellent investment options. China was the largest specialty chemical market in Asia in 2019, accounting for about 38.9% of the global market. India came in second with a 23.1% share of the total market.

COVID-19 Impact:

Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies' stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.

Major Key Players in Global Acetonitrile Marketare:

Asahi Kasei Corporation
Biosolve Chimie
Avantor
Connect Chemicals GmbH
INEOS
Standard Reagents Pvt. Ltd
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Acetonitrile market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Type

Derivative
Solvent
By Grade (Purity)

99.99%
99.9%
99.8%
99.5%
Others
By Application

Laboratory
DNA and RNA Synthesis
Extraction
High-Performance Liquid Chromatography (HPLC) Solvents
Organic Synthesis
Agricultural Chemical
Pharmaceutical
Synthetic Medicine
Insulin
Antibiotics
Vitamins
Extraction Solvent
Specialty Chemicals
Others
By End-User

Agricultural Industry
Analytical Industry
Pharmaceutical Industry
Others
By Region

North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Rest of Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

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This release was published on openPR.