North America Acetonitrile Market Key Players Analysis, Opportunities and Growth Forecast to 2027

The North America acetonitrile market was valued at US$

39.17Mn in 2018 and is projected to account to US$

61.37Mn by 2027; it is expected to grow at a CAGR of 5.1% during 2019-2027.

North America Acetonitrile Market Acetonitrile, otherwise called methyl cyanide or ethanenitrile, is a dull, unpredictable, combustible, and lethal solvent. It is the simplest form ofnatural nitrile available and can be blended in with water alongside most other natural solvents. It additionally shows high miscibility with liquor, acetone, and epoxy gum with no obstruction with epoxy polymerization. North America Acetonitrile Market Acetonitrile is dry fluid that is the least complex natural nitrile (hydrogen cyanide is a less complex one, but the cyanide anion isn't categorized under natural compounds). It is obtained as a byproduct of acrylonitrile production process. It is utilized as a polar aprotic solvent in natural amalgamation and butadienerefinement. It is utilized to make pharmaceuticals, aromas, elastic items, pesticides, acrylic nail removers, and batteries. Acetonitrile is also used in the process of removal of unsaturated fats from animal and vegetable oils.

North America Acetonitrile Market The COVID-19 pandemic first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. North America Acetonitrile Market As of March 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms confirmed cases and reported deaths. Surfaces play a significant role in transmitting pathogens; hence, preventing them from getting contaminated is important.

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North America Acetonitrile Market The pandemic has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdowns of chemicals&materials industry and disruptions in supply chains due to lockdown of countries has created a strain on the supplies of the various products offered by this industry. North America Acetonitrile Market The US has the highest number of confirmed cases of COVID-19 infection among all North American countries. This is impacting the consumer goods industry as the shutdowns in the country to contain the infection are affecting the North American supply and distribution chains. In addition, the pandemic would also affect overall manufacturing processes, research, and development activities.

Market Insights

Importance of acetonitrile in industrial and pharmaceutical applications

Acetonitrile is regarded as a core solvent in the chemical industries, particularly in the pharmaceuticals industry, which accounts for ~70 % of the global demand for the same. North America Acetonitrile Market The high demand for acetonitrile is due to its impeccable solvation ability toward a wide range of polar and nonpolar solutes, and physical properties such as low freezing/boiling points, low viscosity, and relatively low toxicity. Currently, the global pharmaceuticals industry reports two primary uses of acetonitrile, i.e., as laboratory solvents, particularly as a mobile phase in liquid chromatography analytical techniques and as an industrial process solvents in the manufacturing of antibiotics. Due to the need for high purity solvents in analytical techniques such as high performance liquid chromatography (HPLC), laboratories tend to use "Analar" grade acetonitrile, while industrial applications favor "technical grade" acetonitrile due to bulk requirements and lower cost. North America Acetonitrile Market In both cases, the solvent is very highly refined in terms of purity, typically >99.9% for Analar and >99.5% for technical grade.

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The List of Companies

Honeywell International Inc.

Ineos Ag

Mitsubishi Chemical Corporation

Nova Molecular Technologies

Tedia Company, Inc.

North America Acetonitrile Market: An Overview

Acetonitrile, a versatile chemical compound with the molecular formula CH3CN, is a colorless, volatile liquid that finds applications in a variety of industries. It is widely used as a solvent in the chemical, pharmaceutical, and agricultural sectors due to its ability to dissolve polar and non-polar compounds. North America Acetonitrile Market The North American acetonitrile market has experienced significant growth in recent years, driven by expanding industrial applications and increasing demand from various sectors such as pharmaceuticals, biotechnology, and the chemical industry. North America Acetonitrile Market This market has become an essential segment of the broader chemicals industry, with its impact and demand likely to continue rising in the coming years.

Market Insights on Acetonitrile in North America
Acetonitrile, a highly versatile chemical compound, plays a crucial role across a range of industries, particularly in pharmaceuticals, biotechnology, agriculture, and chemical manufacturing. Its unique properties-such as being a polar aprotic solvent with a low freezing/boiling point, low viscosity, and relatively low toxicity-make it indispensable in many industrial applications. With a dominant position in the global market, particularly within North America, acetonitrile is heavily consumed by the pharmaceutical industry, accounting for approximately 70% of its demand. This segment continues to drive market growth, fueled by its usage in both analytical and industrial applications.

Importance of Acetonitrile in Industrial and Pharmaceutical Applications
Acetonitrile's demand is predominantly driven by its essential role in the pharmaceutical sector. It is used extensively for its superior solvating ability in numerous chemical processes, making it ideal for various industrial and laboratory applications. The pharmaceutical industry specifically utilizes acetonitrile for the following:

Laboratory Solvents: Acetonitrile is used as a mobile phase in high-performance liquid chromatography (HPLC) and other analytical techniques. In these contexts, acetonitrile provides excellent separation capabilities due to its polarity and ability to dissolve both polar and nonpolar compounds effectively.

Industrial Process Solvents: Acetonitrile is also used as an industrial solvent in the manufacturing of pharmaceuticals such as antibiotics. It helps in the extraction, purification, and synthesis of high-purity active pharmaceutical ingredients (APIs).

The critical need for high-purity solvents in both laboratory testing and industrial applications ensures that the demand for acetonitrile will remain strong. In laboratory settings, a highly refined version, such as Analar-grade acetonitrile (with a purity greater than 99.9%), is preferred. In contrast, technical-grade acetonitrile (with a slightly lower purity of >99.5%) is typically used in bulk industrial applications, due to cost-effectiveness and large-scale requirements.

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