Propionitrile Market, by Application (Additive and intermediates), by End-use Industry (Pharmaceutical, Personal Care, and Agriculture) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and

Propionitrile Market, by Application (Additive and intermediates), by End-use Industry (Pharmaceutical, Personal Care, and Agriculture) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Propionitrile is a colorless organic compound that is also known as ethyl cyanide and propanenitrile and is a simple aliphatic nitrile. Propionitrile is majorly used in the pharmaceutical industry for the preparation of flopropione using the Houben-Hoesch reaction. Apart from this, it also has a vital role in the agricultural chemicals and personal care industries. Propionitrile is used in agricultural chemical manufacturing such as pesticides and fertilizers. Hence, increasing demand for agricultural practices across the world is fueling demand for pesticides & fertilizers.
Based on applications, the intermediate segment held the largest share in the global propionitrile market. As an herbicide and pharmaceutical intermediate, propionitrile is a precursor to propylamines (nPA, DnPA, and TnPA), C-3 building blocks used in the preparation of Trifluralin (herbicide), and Flopropione (pharmaceutical).
Propionitrile is also used as additives in various end-use industries such as pharmaceutical and personal care industry. Hence, increasing demand for propionitrile in personal care industry and rising per capita spending on personal care products are burgeoning growth of this segment.
Moreover, there has been a rising demand for propionitrile from the personal care industry. Propionitrile is used as a building block for personal care applications. Hence, growing personal care industry is driving the growth of this segment in the global propionitrile market. For instance, according to the International Trade Administration (ITA), in 2014, per capita spending on cosmetic products was reported as US$ 139 in the U.S., US$ 171 in South Korea, and US$ 174 in Japan.
Key features of the study:
This report provides in-depth analysis of propionitrile market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, and regional outlook.
It profiles key players in the global propionitrile market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Air Liquide, Alfa Aesar, Ascend Performance Materials, Indo Amines Limited, Shanghai Worldyang Chemical Co., Ltd., Sigma Solvents Private Limited, TCI, Toronto Research Chemicals, Inc., and Triveni Chemicals.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global propionitrile market report caters to various stakeholders in this industry including investors, suppliers, propionitrile manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global propionitrile market
Detailed Segmentation:
Global Propionitrile Market, By Application:
Additives
Intermediates
Global Propionitrile Market, By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Global Propionitrile Market, By Region:
North America
U.S.
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Canada
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Europe
U.K.
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Italy
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
France
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Germany
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Spain
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Russia
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Rest of Europe
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Asia Pacific
China
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
India
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Japan
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
ASEAN
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Australia
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
South Korea
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Rest of Asia Pacific
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Latin America
Brazil
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Argentina
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Mexico
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Rest of Latin America
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Middle East & Africa
Middle East
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Africa
By Application:
Additives
Intermediates
By End-Use Industry:
Personal Care
Pharmaceutical
Agriculture
Others
Company Profiles
Air Liquide *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Alfa Aesar
Ascend Performance Materials
Indo Amines Limited
Shanghai Worldyang Chemical Co., Ltd.
Sigma Solvents Private Limited
TCI
Toronto Research Chemicals, Inc.
Triveni Chemicals
“*” marked represents similar segmentation in other categories in the respective section.