DUBLIN–(BUSINESS WIRE)–The “Acetonitrile
Market by Type (Derivative and Solvent), Application (Pharmaceutical,
Analytical Industry, Agrochemical, and Extraction), Region (Asia
Pacific, Europe, North America, Middle East & Africa, and Latin America)
– Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s
The acetonitrile market is projected to grow from US$219.2 million in
2017 to US$277.1 million by 2022, at a CAGR of 4.8% during the forecast
The increased demand for recrystallization of drugs from the
pharmaceutical industry is fueling the growth of the acetonitrile market
across the globe. Moreover, flourishing analytical industry is also
leading to the growth of the acetonitrile market. However, a limited
number of direct production facilities across the globe acts as a
restraint to the growth of the acetonitrile market.
Based on type, the acetonitrile market has been classified into
derivative and solvent. In terms of value, the derivative type segment
of the acetonitrile market is projected to grow at the highest CAGR
between 2017 and 2022. The growth of this segment of the market can be
attributed to the increased use of acetonitrile in the pharmaceutical
industry for manufacturing Vitamin B1 and sulfa pyrimidine. It is also
used as a starting material for the synthesis of several chemicals such
as alpha-naphthyl acetic acid, thiamine, acetophenone, and acetomidine.
In terms of value, the Asia Pacific acetonitrile market is projected to
grow at the highest CAGR during the forecast period. The growth of the
Asia Pacific acetonitrile market can be attributed to the increased use
of acetonitrile in the pharmaceutical and analytical industry
applications. The Asia Pacific region is the most promising market for
acetonitrile, and this trend is projected to continue in the coming
years as well. Japan, China, and India are the major consumers of
acetonitrile in the Asia Pacific region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Acetonitrile Market, By Type
7 Acetonitrile Market, By Application
8 Regional Analysis
9 Competitive Landscape
10 Company Profiles
- Alfa Aesar
- Asahi Kasei Corporation
- Avantor Performance Materials, LLC
- Biosolve Chimie
- Central Marble Products
- Concord Technology (Tianjin) Co., Ltd.
- Connect Chemicals GmbH
- Formosa Plastic Corporation
- Gfs Chemicals, Inc.
- Honeywell Research Chemicals
- Imperial Chemical Corporation
- Ineos AG
- Jilin Provincial Chemicals Import & Export Co., Ltd.
- Meganite Inc.
- Mitsubishi Chemical Corporation
- Nantong Acetic Acid Chemical Co., Ltd.
- Nova Molecular Technologies, Inc.
- Qingdao Shida Chemical Co., Ltd.
- Shanghai Secco Petrochemical Company Limited
- Standard Reagents Pvt. Ltd.
- Taekwang Industrial Co., Ltd
- Tedia Company, Inc.
- Zibo Luzhong Chemical and Light Industry Co., Ltd.
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