North America Acetonitrile Market Size, Share & Trends Analysis Report By Type Solvent, and Derivative), By Application (Analytical Applications, Organic Synthesis, Extraction, and Others), By End-user, By Country and Growth Forecast, 2024 - 2031

North America Acetonitrile Market Size, Share & Trends Analysis Report By Type Solvent, and Derivative), By Application (Analytical Applications, Organic Synthesis, Extraction, and Others), By End-user, By Country and Growth Forecast, 2024 - 2031

The North America Acetonitrile Market would witness market growth of 5.8% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 261.2 hundred Tonnes, showcasing a growth of 14.6% (2020-2023).

Acetonitrile serves as a versatile solvent and reagent in organic synthesis, offering high solvency power, low viscosity, and compatibility with a variety of reactants. Its ability to dissolve polar and non-polar compounds makes it ideal for promoting reaction efficiency and facilitating the formation of desired products. Thus, the Canada market used 13.8 hundred Tonnes of Acetonitrile for organic synthesis in 2023.

The US market dominated the North America Acetonitrile Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $104,080 Thousands by 2031. The Canada market is experiencing a CAGR of 8.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.2% during (2024 - 2031).

Acetonitrile is commonly used as a laboratory reagent and solvent for various chemical reactions, extractions, and purifications in research laboratories, academic institutions, and industrial R&D facilities. Its compatibility with a wide range of organic and inorganic compounds and its relatively low toxicity and volatility makes it a preferred solvent for synthesis, extraction, and sample preparation in diverse scientific disciplines.

Furthermore, acetonitrile is utilized in industrial cleaning applications, particularly for degreasing and deglazing metal surfaces, removing paint and varnish residues, and cleaning equipment and machinery in manufacturing facilities. Its strong solvating power, fast evaporation rate, and low residue formation make it effective for removing stubborn contaminants and maintaining cleanliness in industrial settings.

The agrochemical industry in Mexico relies on acetonitrile to manufacture and formulate crop protection chemicals tailored to the country’s specific agricultural needs and climatic conditions. Mexico has established regulatory frameworks and agrochemical registration requirements to ensure safety, efficacy, and environmental compatibility. Therefore, North America’s rising pharmaceutical R&D and agrochemicals sectors will drive the expansion of the regional acetonitrile market.

Based on Type, the market is segmented into Solvent, and Derivative. Based on Application, the market is segmented into Analytical Applications, Organic Synthesis, Extraction, and Others. Based on End-user, the market is segmented into Pharmaceutical, Analytical Industry, Agrochemical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Honeywell International, Inc
• Thermo Fisher Scientific, Inc.
• INEOS Group Holdings S.A
• Asahi Kasei Corporation
• PetroChina Company Limited (China National Petroleum Corporation)
• Formosa Plastics Group
• Avantor, Inc.
• Nantong Acetic Acid Chemical Co., Ltd.
• Neuchem Inc.
• Nova Molecular Technologies, Inc.

North America Acetonitrile Market Report Segmentation

By Type (Volume, Hundred Tonnes, USD Million, 2020-2031)

• Solvent
• Derivative

By Application (Volume, Hundred Tonnes, USD Million, 2020-2031)

• Analytical Applications
• Organic Synthesis
• Extraction
• Others

By End-user (Volume, Hundred Tonnes, USD Million, 2020-2031)

• Pharmaceutical
• Analytical Industry
• Agrochemical
• Others

By Country (Volume, Hundred Tonnes, USD Million, 2020-2031)

• US
• Canada
• Mexico
• Rest of North America