Acetonitrile Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Asahi Kasei Corporation, Avantor Performance Materials, LLC

According to Stratistics MRC, the Global Acetonitrile Market is accounted for $252.30 million in 2020 and is expected to reach $427.07 million by 2028 growing at a CAGR of 6.8% during the forecast period. The increasing use of acetonitrile in different applications, and high demand for acetonitrile for drug recrystallization are the factors driving the market growth. However, the increasing demand for substitute product prionil is hampering the growth of the market.

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By geography, Asia Pacific is going to have high growth during the forecast period owing to the increasing investments on pesticides, increasing R & D activities, and new medicines for improvement and development.

Some of the key players profiled in the Acetonitrile Market include Asahi Kasei Corporation, Avantor Performance Materials, LLC, Concord Technology (Tianjin) Co., Ltd., Connect Chemicals GmbH, Formosa Plastic Corporation, Imperial Chemical Corporation, Ineos AG, Jilin Provincial Chemicals Import & Export Co., Ltd., Nantong Acetic Acid Chemical Co., Ltd., Nova Molecular Technologies, Inc., Qingdao Shida Chemical Co., Ltd., Shanghai Secco Petrochemical Company Limited, Taekwang Industrial Co., Ltd, Tedia Company, Inc., and Zibo Luzhong Chemical and Light Industry Co., Ltd.

Types Covered:
• Derivative
• Solvent

Products Covered:
• Acetic Acid and Ammonia Synthesis 
• Acetylene Ammonification Reaction 
• Ammoxidation of Propylene     

Purities Covered:
• More than 99.9%
• More than 99.5%   

Purposes Covered:
• Extraction Solvent
• Feedstock
• Reaction Solvent
• Reagent

Applications Covered:
• Agrochemical  
• Butadiene Extraction  
• Deoxyribonucleic Acid (DNA) & Ribonucleic Acid (RNA) Synthesis  
• Fats & Oils  
• High-Performance Liquid Chromatography (HPLC) Solvents  
• Industrial Application  
• Intermediate  
• Laboratory Preparation  
• Organic Synthesis  
• Pesticide  
• Petrochemical (Vitamin B1)  
• Research & Development  
• Specialty Chemicals   

End Users Covered:
• Agriculture Industry
• Analytical Industry
• Pharmaceutical

Sales Channels Covered:
• Direct Sales
• Distributor

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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