Global Acetone Cyanohydrin Market Growth 2023-2029

Global Acetone Cyanohydrin Market Growth 2023-2029

Acetone cyanohydrin is manufactured by the reaction of acetone and hydrogen cyanide in presence of water solutions such as KOH and NaOH. Tthe intermediate product however, is unstable in alkaline solution and hence is treated with sulphuric acid until its pHreaches 1-2. Acetone cyanohydrin is used as an intermediate product for manufacturing methylacrylates, methacrylamide, methacrylic acid and methacrylonitrile among others. 

LPI (LP Information)' newest research report, the “Acetone Cyanohydrin Industry Forecast” looks at past sales and reviews total world Acetone Cyanohydrin sales in 2022, providing a comprehensive analysis by region and market sector of projected Acetone Cyanohydrin sales for 2023 through 2029. With Acetone Cyanohydrin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acetone Cyanohydrin industry.

This Insight Report provides a comprehensive analysis of the global Acetone Cyanohydrin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acetone Cyanohydrin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acetone Cyanohydrin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acetone Cyanohydrin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acetone Cyanohydrin.

The global Acetone Cyanohydrin market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The market for acetone cyanohydrinwas driven by substantial demand from methylmethacrylate. industry. Methylmethacrylate is further polymerized into polymethylmethacrylate (PMMA). PMMA is used in various end-user industries such as electronics & electrical, signs and displays, medical & healthcare, automotive, building & construction, waste management and water treatment industries, among others. Electronics & electrical was one of the major industries for PMMA in the past decade. Another major outlet for acetone cyanohydrins was insecticides where it is used as a raw material. Acetone cyanohydrin is used to manufacture ethyl alpha-hydroxyisobutyrate, a pharmaceutical intermediate. In addition, acetone cyanohydrins are also used in the metal separation process in the form of a complexing agent.In spite of this variety of applications, acetone cyanohydrin is usually considered as potentially hazardous chemical as it releases hydrogen cyanide when in contact with water. These environmental and health regulations associated with acetone cyanohydrins  in North America and Europe can have major impact on the market and is likely to hinder the growth of the acetone cyanohydrin market during the forecast period. 

This report presents a comprehensive overview, market shares, and growth opportunities of Acetone Cyanohydrin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Agriculture Grade
Industrial Grade
Military Grade

Segmentation by application
Electronics & Electrical
Medical & Healthcare
Automotive
Building & Construction
Water Treatment Industries
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dow
Arkema
BASF
Evonik
Kuraray
Mitsubishi Gas Chemical
Formosa Plastics
Sumitomo Chemical
Asahi Kasei
Sinopec

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acetone Cyanohydrin market?

What factors are driving Acetone Cyanohydrin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acetone Cyanohydrin market opportunities vary by end market size?

How does Acetone Cyanohydrin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.