Press release
Acetonitrile Market to witness growth opportunities worth USD 416.97 Mn by 2029 at a CAGR of 6.02 percent
Acetonitrile Market
Acetonitrile Market Report Scope and Research Methodology
Acetonitrile is a colorless chemical compound that is widely used in the pharmaceutical sector to synthesize novel medicaments, pesticides, vitamin B1, and various other products. The market is being driven by the high demand for Acetonitrile for drug recrystallization, and companies are focusing on producing Acetonitrile in various applications.
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The report includes profiles of leading companies operating in the global Acetonitrile market, such as Ineos AG, Asahi Kasei, NEOS, and CNPC Group. The report provides a comprehensive analysis of the industry, including market size and trends, competitive landscape, and potential impact of micro-economic factors on the market.
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Acetonitrile Market Dynamics
The global Acetonitrile market is expected to grow due to the growing demand as a raw material for chemical synthesis. However, the market is hampered by the growing demand for substitute products.
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The COVID-19 pandemic has had a positive impact on the adoption of Acetonitrile, with growing demand from the pharmaceutical industry. Major players in the industry, such as INEOS G, have been widely producing the product throughout the pandemic to be used in pharmaceutical analysis processes vital to finding vaccines.
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Acetonitrile Market Regional Insights
The Asia Pacific Acetonitrile market is expected to lead the market, with China. Key players are constructing a new plant for Acetonitrile in the APAC, such as Asahi Kasei Corporation, which has finalized a decision to construct a novel Acetonitrile plant in Korea.
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Acetonitrile Market Segmentation
By Type:
• Derivative
• Solvent
By Application:
•Pharmaceutical
• Analytical Industry
• Agrochemical
•Extraction
•Others
Acetonitrile Market Key Competitors include:
• Asahi Kasei Corporation
• Ineos AG
• Formosa Plastic Corporation
• Imperial Chemical Corporation
• Nova Molecular Technologies, Inc.
• Tedia Company, Inc.
• Avantor Performance Materials, LLC
• Shanghai Secco Petrochemical Company Limited
• Qingdao Shida Chemical Co., Ltd.
• Nantong Acetic Acid Chemical Co., Ltd.
• Taekwang Industrial Co., Ltd
• GFS Chemicals, Inc.
• Connect Chemicals GmbH
• Concord Technology (Tianjin) Co., Ltd.
• BiosolveChimie
• Hunan Chem. Europe BV
• Jilin Provincial Chemicals Import & Export Co., Ltd.
• Alfa Aesar
• Honeywell Research Chemicals
• Mitsubishi Chemical Corporation
• Pharmco-Aaper
• Standard Reagents Pvt. Ltd.
• Zibo Luzhong Chemical and Light Industry Co., Ltd.
• Robinson Brothers
Table of Content for Acetonitrile Market
Global Acetonitrile Market: Research Methodology
Global Acetonitrile Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Acetonitrile Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Acetonitrile Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Regional Acetonitrile Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type and Application
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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The global acetonitrile market experienced significant volatility throughout 2024 and 2025, driven by shifting supply-demand fundamentals, feedstock cost dynamics, logistics constraints, and downstream consumption patterns in key sectors such as pharmaceuticals, agrochemicals, and analytical testing.
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2028 Acetonitrile Industry Report Growth Forecasts
Stratistics MRC’s Global Acetonitrile Market value expected to reach $427.07 million growing at a CAGR of 6.8% during 2020-2028.
Acetonitrile is the simplest of organic nitriles with the chemical formula CH3CN. It is also known as cyanomethane, methyl cyanide, ethyl nitrile, methanecarbonitrile, etc. It is a clear, colourless liquid with a sweet, ethereal odour and is an important intermediate for pharmaceutical and functional material chemicals.
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Acetonitrile is the chemical compound with the formula CH3CN. This colourless liquid is the simplest organic nitrile (hydrogen cyanide is a simpler nitrile, but the cyanide anion is not classed as organic). It is produced mainly as a byproduct of acrylonitrile manufacture. It is used as a polar aprotic solvent in organic synthesis and in the purification of butadiene. Acetonitrile solvent with excellent performance, is an important organic intermediates. And…
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Acetonitrile, also known as methyl cyanide or cyanomethane is a colorless chemical compound in liquid form having chemical formula CH3CN. Acetonitrile is the most basic and simple organic nitrile. Acetonitrile is produced primarily as an acrylonitrile manufacture byproduct. It is utilized as a polar aprotic solvent in organic synthesis and for the purpose of butadiene purification. Acetonitrile finds major application in the pharmaceutical industry for synthesizing new medicaments, pesticides, vitamin…
