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.

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.

Based on the end user, the pharmaceutical industry segment is going to have lucrative growth during the forecast period due to the increased demand for recrystallization of drugs from the pharmaceutical industry.

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



What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements



Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
  • ·Comprehensive profiling of additional market players (up to 3)
  • ·SWOT Analysis of key players (up to 3)
  • Regional Segmentation
  • ·Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
  • ·Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances