- sales@imarcgroup.com
- +1-631-791-1145
Press Release:
Acetonitrile Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
Acetonitrile is the simplest of organic nitriles with the chemical formula CH3CN. It is also known as cyanomethane, methyl cyanide, ethyl nitrile, methanecarbonitrile, etc. It is a clear, colourless liquid with a sweet, ethereal odour and is an important intermediate for pharmaceutical and functional material chemicals. According to IMARC Group’s latest report “Acetonitrile Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global acetonitrile market has grown at a CAGR of around 5% during 2010-2017. The report finds that the market is currently being driven by a heavy demand of acetonitrile in its end-use industries such as pharmaceuticals and HPLC applications. The report provides a comprehensive insight into the industry including its market break-up by region, market breakup by end-uses, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of acetonitrile, covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc.
The report has analysed and segmented the global acetonitrile market on the basis of end-uses. Its biggest end-user is the pharmaceuticals industry accounting for the majority of the total global consumption. Acetonitrile is used to synthesise certain vitamins, amino acids, cortisone, etc. It is also used as a solvent in the production of insulin and antibiotics, tertiary-generation cephalosporins and for DNA synthesis. The second largest consumer of acetonitrile is in the HPCL applications (high-performance liquid chromatography). Acetonitrile is also used as a solvent in UV spectroscopy and polarography, in lithium batteries, for casting and moulding of plastic materials, for the extraction of fatty acids from animal and vegetable oils, in chemical laboratories for the detection of chemical residues and for spinning fibres.
The report has analysed the global key regions of the acetonitrile market and finds Asia as the its biggest producer, accounting for more than half of the total global production. Asia is followed by North America and Europe. In terms of consumption, China represents the biggest consumer of acetonitrile followed by North and South America, Europe and Japan. On the basis of import and export trends, the United States represents the largest global importer of acetonitrile accounting for the majority of the global import values. The United States was followed by China, United Kingdom, Brazil, Germany and France.
Analysing the competitive landscape of the global acetonitrile market the report has found that INEOS represents the world’s biggest producer of acetonitrile accounting for around a third of the total global production. INEOS is followed by Asahi Kesai, PetroChina, Formosa, Secco and Sinopec.
The essential aspects of the global acetonitrile market evaluated in the report include:
- Market trends
- Major regions
- Key application areas
- Key manufacturers
- Price trends
- Raw material requirements
- Chemical reactions involved in the manufacturing process
- Major importers and exporters
- Value chain analysis
- Market trends for major feedstocks
- Price trends for major feedstocks
- Key regions for major feedstocks
- Key application areas for major feedstocks
- Key players for major feedstocks
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
5 Global Acetonitrile Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Analysis
5.3.1 Price Indicators
5.3.2 Price Structure
5.3.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by End Use
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Strengths
5.7.2 Weaknesses
5.7.3 Opportunities
5.7.4 Threats
5.8 Value Chain Analysis
5.8.1 Raw Material Procurement
5.8.2 Manufacturing
5.8.3 Marketing
5.8.4 Distribution
5.8.5 Exports
5.8.6 End-Use
5.9 Porter’s Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Trade Data
5.10.1 Imports
5.10.2 Exports
5.11 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 Asia Pacific
6.2 North America
6.3 Europe
6.4 Middle East and Africa
6.5 Latin America
7 Market by End Use
7.1 Pharmaceutical
7.2 Analytical Industry
7.3 Agrochemical
7.2 Extraction
7.3 Others
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Profiles of Major Players
8.3.1 Ineos AG
8.3.2 Asahi Kasei Corporation
8.3.3 Formosa Plastic Corporation
8.3.4 Imperial Chemical Corporation
8.3.5 Nova Molecular Technologies, Inc.
8.3.6 Tedia Company, Inc.
8.3.7 Avantor Performance Materials, LLC
8.3.8 Shanghai Secco Petrochemical Company Limited
8.3.9 Qingdao Shida Chemical Co., Ltd.
8.3.10 Nantong Acetic Acid Chemical Co., Ltd.
8.3.11 Taekwang Industrial Co., Ltd
9 Acetonitrile Manufacturing Process
9.1 Product Overview
9.2 Chemical Reactions Involved
9.3 Manufacturing Process
9.4 Detailed Process Flow
9.5 Raw Material Requirement
9.6 Mass Balance and Feedstock Conversion Rates
10 Acetonitrile Feedstock Market Analysis
10.1 Propylene
10.1.1 Market Performance
10.1.1.1 Volume Trends
10.1.1.2 Value Trends
10.1.2 Price Trends
10.1.3 Market Breakup by Region
10.1.4 Market Breakup by End-Use
10.1.5 Key Suppliers
10.2 Ammonia
10.2.1 Market Performance
10.2.1.1 Volume Trends
10.2.1.2 Value Trends
10.2.2 Price Trends
10.2.3 Market Breakup by Region
10.2.4 Market Breakup by End-Use
10.2.5 Key Suppliers
List of Figures
Figure 1: Global: Acetonitrile Industry Overview
Figure 2: Global: Acetonitrile Market: Production Volume Trends (in ‘000 Tons), 2010 - 2017
Figure 3: Global: Acetonitrile Market: Production Value Trends (in Million US$), 2010 - 2017
Figure 4: Global: Acetonitrile Price Trends (in US$/Ton), 2010 - 2017
Figure 5: Global: Acetonitrile Market: Production Breakup by Region (in %), 2017
Figure 6: Global: Acetonitrile Market: Consumption Breakup by Region (in %), 2017
Figure 7: Global: Acetonitrile Market: Breakup by End-Use (in %), 2017
Figure 8: Global: Acetonitrile Market Forecast: Production Volume Trends (in ‘000 Tons), 2018-2023
Figure 9: Global: Acetonitrile Market Forecast: Production Value Trends (in Million US$), 2018-2023
Figure 10: Global: Acetonitrile Market Forecast: Price Trends (in Million US$), 2018-2023
Figure 11: Global: Acetonitrile Industry: SWOT Analysis
Figure 12: Global: Acetonitrile Industry: Value Chain Analysis
Figure 13: Global: Acetonitrile Industry: Porter’s Five Forces Analysis
Figure 14: Global: Nitrile Function Compounds: Import Value Breakup by Country
Figure 15: Top Countries: Nitrile Function Compounds: Import Value Trend (in ‘000 Tons)
Figure 16: Global: Nitrile Function Compounds: Export Value Breakup by Country
Figure 17: Top Countries: Nitrile Function Compounds: Export Value Trend (in ‘000 Tons)
Figure 18: Asia: Acetonitrile Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 19: North America: Acetonitrile Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 20: Europe: Acetonitrile Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 21: Middle East and Africa: Acetonitrile Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 22: Latin America: Acetonitrile Market (in ‘000 Tons), 2010, 2017 & 2023
Figure 23: Global: Acetonitrile Market: Pharmaceuticals (in ‘000 Tons), 2010, 2017 & 2023
Figure 24: Global: Acetonitrile Market: Other Applications (in ‘000 Tons), 2010, 2017 & 2023
Figure 25: Acetonitrile Manufacturing Process: Detailed Process Flow
Figure 26: Acetonitrile Manufacturing Process: Conversion Rate of Feedstocks
Figure 27: Global: Propylene Market: Production Volume Trends (in Million Tons), 2010-2017
Figure 28: Global: Propylene Market: Value Trends (in Million US$), 2010-2017
Figure 29: Global: Propylene Market: Price Trends (in US$/Ton), 2010-2017
Figure 30: Global: Propylene Market: Breakup by Region (in %), 2017
Figure 31: Global: Propylene Market: Breakup by End-Use (in %), 2017
Figure 32: Global: Ammonia Market: Production Volume Trends (in Million Tons), 2010-2017
Figure 33: Global: Ammonia Market: Value Trends (in Million US$), 2010-2017
Figure 34: Global: Ammonia Market: Price Trends (in US$/Ton), 2010-2017
Figure 35: Global: Ammonia Market: Breakup by Region (in %), 2017
Figure 36: Global: Ammonia Market: Breakup by End-Use (in %), 2017
List of Tables
Table 1: Acetonitrile: Physical Properties
Table 2: Acetonitrile: Chemical Properties
Table 3: Global: Acetonitrile Market: Key Industry Highlights, 2017 and 2023
Table 4: Global: Nitrile Function Compounds: Imports by Major Countries
Table 5: Global: Nitrile Function Compounds: Exports by Major Countries
Table 6: Global: Acetonitrile Market: List of Major Players
Table 7: Global: Acetonitrile Market Forecast: Breakup by Region, 2018 – 2023
Table 8: Acetonitrile Manufacturing: Raw Materials Requirements
Table 9: Acetonitrile Manufacturing: Chemical Reactions Involved
Table 10: Global: Propylene Market: List of Major Players
Table 11: Global: Ammonia Market: Capacities of Major Players (in ‘000 Tons)
Note: We value your privacy and will never rent or sell your email address. Privacy policy
Special Prices
- Academic Institutes
- Government Agencies
- Nonprofit Organizations
- For more information, feel free to contact us.