Global Acetonitrile Market Growth 2023-2029

Global Acetonitrile Market Growth 2023-2029

Acetonitrile is the chemical compound with the formula CH3CN. This colourless liquid is the simplest organic nitrile (hydrogen cyanide is a simpler nitrile, but the cyanide anion is not classed as organic). It is produced mainly as a byproduct of acrylonitrile manufacture. It is used as a polar aprotic solvent in organic synthesis and in the purification of butadiene. Acetonitrile solvent with excellent performance, is an important organic intermediates. And it is widely used as a polar aprotic solvent.

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

This Insight Report provides a comprehensive analysis of the global Acetonitrile 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 Acetonitrile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acetonitrile market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acetonitrile and breaks down the forecast by purity, 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 Acetonitrile.

The global Acetonitrile market size is projected to grow from US$ 769.1 million in 2022 to US$ 946.4 million in 2029; it is expected to grow at a CAGR of 946.4 from 2023 to 2029.

Globally, the acetonitrile concentration is higher, acetonitrile ChanXiaoDe are mainly in China, Europe and the United States, the consumption area, India accounted for is higher also, acetonitrile manufacturers of China mainly includes the Shanghai secco, ShengHong petrochemical, jilin petrochemical, anqing petrochemical, shandong qilu petrochemical and daqing huake, removal of several important leading companies, domestic producers generally smaller capacity, market competition is bigger. The main foreign manufacturers are Ineos, Asahi Huasheng, Taiguang Industry, ANQORE, etc., among which Ineos and Asahi Huasheng are the largest acetonitrile manufacturers in the global market. The TOP five manufacturers account for about 45% of the global market share. Today, Ineos is the global market leader, with approximately 16% of the global revenue market share.

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

Market Segmentation:

Segmentation by purity

Purity: More than 99.9%

Purity: More than 99.5%

Other Purity

Segmentation by application

Pharmaceutical

Laboratory Preparation

Agrochemical

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.

INEOS

Asahi Kasel Chemicals

Shanghai SECCO Petrochemical Company Limited

Shenghong Petrochemical Group

CNPC Jilin Petrochemical Company

Taekwang Industrial

AnQore

SINOPEC Anqing Petrochemical Company

Shandong Shida Shenghua Chemical Group

SINOPEC Qilu Petrochemical Company

Daqing Huake

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acetonitrile market?

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

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

How do Acetonitrile market opportunities vary by end market size?

How does Acetonitrile break out purity, 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.