Loading...

Acetonitrile Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A07380
Pages: NA
Sep 2020 | 49 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Acetonitrile Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

Request Now !

Acetonitrile Market Analysis 2020-2027:

Acetonitrile is a chemical compound, which is colorless, toxic, volatile, and flammable. It is the simplest organic nitrile, which can be combined with most of the organic solvents. It is produced as a byproduct of acrylonitrile manufacture and used as a polar aprotic solvent in the purification of butadiene. In addition, acetonitrile is widely used as a solvent in various industries such as pharmaceuticals, casting & molding of plastic materials, perfume production, extraction of fatty acids from animal & vegetable oil, and others. Moreover, acetonitrile is also used as a solvent in high-performance liquid chromatography. It is also used as a raw material for production in various industries and for synthesizing new medicines, pesticides, vitamin B1, and other products in the pharmaceutical industry. Therefore, these applications are expected to propel the market growth over the forecast period.

 

Market scope and structure analysis:

                    Report Metric

                                                     Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, End User

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

AnQore, Avantor Performance Materials, Honeywell, International Inc, Imperial Chemical Corporation, INEOS, Nova Molecular Technologies, Asahi Kasei Medical Company Limited, CNPC Jilin Chemical Corporation Limited, AlzChem AG, and Dupont

 

By Type

  • Derivative
  • Solvent

By Application

  • Organic Synthesis
  • Specialty Chemicals
  • High-Performance Liquid Chromatography (HPLC) Solvents
  • Pharmaceutical
  • Extraction
  • Deoxyribonucleic Acid (DNA) & Ribonucleic Acid (RNA) Synthesis
  • Others

By End User

  • Pharmaceutical Industry
  • Analytical Industry
  • Agricultural Industry
  • Others

COVID-19 scenario analysis

The coronavirus outbreak has affected most of the industries due to low demand. The global lock down has created decrease in demand for most of the industries. The use of acetonitrile in the pharmaceutical industry is expected to boost the demand for the product significantly over the forecast period. Moreover, the pharmaceutical industry is fully operational even during the pandemic. The number of medicines required by COVID-19 positive patients is growing rapidly. Furthermore, the use of acetonitrile in the agriculture industry also propels the market growth as it is an essential requirement.

Market scenario analysis

Increased applications of acetonitrile in the pharmaceuticals industry and rise in demand for raw materials are the major factors that are expected to boost the market growth over the forecast period. Technological advancements and innovation in production methods have resulted in the recycling of acetonitrile. Moreover, the use of acetonitrile in plastic manufacturing is also expected to fuel the market growth over the forecast period. However, lack of supply, high price, and availability of more preferable substitutes for acetonitrile are expected to hinder the market growth over the forecast period.

Market trends

Plastic manufacturers use acetonitrile to produce pure Acrylonitrile Butadiene Styrene (ABS), which offers high tensile and resistance to various plasticizers. The demand for ABS is increasing due to the development in the infrastructure sector and the rise in need for lightweight vehicles. Moreover, the use of acetonitrile in high-performance liquid chromatography is observed as a recent trend. Acetonitrile is used as a solvent in this technique of separating, identifying, and quantifying a component in a mixture. These factors are expected to boost the market growth over the forecast period.

Market restraints

Excessive human exposure to acetonitrile can cause damage to the digestive, cardiovascular, and central nervous system due to the formation of cyanide in the body. Further, fluctuation in prices of acetonitrile and shortage in supply are expected to hinder the acetonitrile market growth during the forecast period. Moreover, new substitutes for acetonitrile with increased efficiency and fewer drawbacks are expected to hinder the market growth.

Regional insights

By region, the global acetonitrile market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is the market leader in the global acetonitrile market due to growing pharmaceutical and chemical industries in the region. Furthermore, continuous R&D activities in the region for the development of new medicines and pesticides are also expected to boost the growth of the Asia-Pacific acetonitrile market. In addition, North America is also expected to grow significantly due to the increase in number of chemical industries.

Key benefits of the report:

  • This study presents the analytical depiction of the acetonitrile market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the acetonitrile market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the acetonitrile market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the acetonitrile market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Acetonitrile Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts