Sun, 24 Oct 2021


The new report by Expert Market Research titled, 'Global Acetonitrile Market Report and Forecast 2021-2026', gives an in-depth analysis of the global acetonitrile market, assessing the market based on its segments like end use and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/acetonitrile-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): 122 Kilo Metric Tons
  • Forecast CAGR (2021-2026): 1%
  • Forecast Market Size (2026): 4 Kilo Metric Tons

One of the major factors driving the growth of the acetonitrile market is the growing demand for acetonitrile from end-use industries such as pharmaceutical manufacturing, speciality chemicals, electronics, HPLC applications, and biotechnological applications. Acetonitrile's increasing popularity in the plastics industry, where it is used to make pure acrylonitrile and acrylonitrile butadiene styrene (ABS) plastics that offer impact strength, tensile strength and excellent resistance against chemicals and various plasticisers, will propel the acetonitrile market forward. Over the forecast period, the rise in the demand for acrylonitrile products such as acrylic fibres and polyacrylamide is, thus, expected tp boost the market growth.

Industry Definition and Major Segments

Acetonitrile, also known as methyl cyanide (MeCN), is a chemical compound with the formula CH3CN. This colourless liquid is the most basic organic nitrile.

Based on end use, the industry can be divided into:

  • Pharmaceuticals
  • Analytical Industry
  • Agrochemicals
  • Extraction Industry
  • Others

Regionally, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa

Market Trends

During the forecast period, the global acetonitrile market is expected to gain significant momentum from the expanding pharmaceutical industry. The global pharmaceutical market was estimated at USD 1 trillion in 2015, according to the International Trade Association, and is projected to rise to USD 1.3 trillion by 2020. Key developments like this are expected to drive the growth of the market over the forecast period. The growth of key downstream sectors like pharmaceuticals and agrochemicals is expected to boost the market in the coming years. The increasing investments into these industries, especially in major emerging markets like China and India, are further expected to propel the growth of the market for acetonitrile.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/acetonitrile-market

Key Market Players

The major players in the market are Ineos AG, Asahi Kasei Corporation, Formosa Plastic Corporation, Imperial Chemical Corporation, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research

Contact Person: Ian Bell, Business Consultant

Email: sales@expertmarketresearch.com

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Content Source@ https://expertmarketresearch-emr.blogspot.com/2021/06/acetonitrile-market.html

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