• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

Acetonitrile Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

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 2019-2024”, the global acetonitrile market reached a volume of 113 Kilotons in 2018 growing at a CAGR of 4.8% during 2011-2018. 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 breakup 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.

Global Acetonitrile Market Report

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-Pacific as the its biggest producer, accounting for more than half of the total global production. Asia-Pacific 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 total global imports. The United States is 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    Key Industry Trends
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 Key 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 Distribution
        5.8.4 Export
        5.8.5 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
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    North America
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Europe
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Middle East and Africa
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5     Latin America
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by End Use
    7.1    Pharmaceuticals
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Analytical Industry
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Agrochemicals
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4     Extraction Industry
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
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 Requirements
    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), 2011 - 2018
Figure 3: Global: Acetonitrile Market: Production Value Trends (in Million US$), 2011 - 2018
Figure 4: Global: Acetonitrile Market: Average Prices (in US$/Ton), 2011 - 2018
Figure 5: Global: Acetonitrile Market: Production Breakup by Region (in %), 2018
Figure 6: Global: Acetonitrile Market: Consumption Breakup by Region (in %), 2018
Figure 7: Global: Acetonitrile Market: Breakup by End-Use (in %), 2018
Figure 8: Global: Acetonitrile Market Forecast: Production Volume Trends (in ‘000 Tons), 2019-2024
Figure 9: Global: Acetonitrile Market Forecast: Production Value Trends (in Million US$), 2019-2024
Figure 10: Global: Acetonitrile Market Forecast: Average Prices (in Million US$), 2019-2024
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), 2011 & 2018
Figure 19: Asia: Acetonitrile Market Forecast (in ‘000 Tons), 2019-2024
Figure 20: North America: Acetonitrile Market (in ‘000 Tons), 2011 & 2018
Figure 21: North America: Acetonitrile Market Forecast (in ‘000 Tons), 2019-2024
Figure 22: Europe: Acetonitrile Market (in ‘000 Tons), 2011 & 2018
Figure 23: Europe: Acetonitrile Market Forecast (in ‘000 Tons), 2019-2024
Figure 24: Middle East and Africa: Acetonitrile Market (in ‘000 Tons), 2011 & 2018
Figure 25: Middle East and Africa: Acetonitrile Market Forecast (in ‘000 Tons), 2019-2024
Figure 26: Latin America: Acetonitrile Market (in ‘000 Tons), 2011 & 2018
Figure 27: Latin America: Acetonitrile Market Forecast (in ‘000 Tons), 2019-2024
Figure 28: Global: Acetonitrile Market: Pharmaceuticals (in ‘000 Tons), 2011 & 2018
Figure 29: Global: Acetonitrile Market Forecast: Pharmaceuticals (in ‘000 Tons), 2019-2024
Figure 30: Global: Acetonitrile Market: Analytical Industry (in ‘000 Tons), 2011 & 2018
Figure 31: Global: Acetonitrile Market Forecast: Analytical Industry (in ‘000 Tons), 2019-2024
Figure 32: Global: Acetonitrile Market: Agrochemicals (in ‘000 Tons), 2011 & 2018
Figure 33: Global: Acetonitrile Market Forecast: Agrochemicals (in ‘000 Tons), 2019-2024
Figure 34: Global: Acetonitrile Market:  Extraction (in ‘000 Tons), 2011 & 2018
Figure 35: Global: Acetonitrile Market Forecast: Extraction (in ‘000 Tons), 2019-2024
Figure 36: Global: Acetonitrile Market: Other Applications (in ‘000 Tons), 2011 & 2018
Figure 37: Global: Acetonitrile Market Forecast: Other Applications (in ‘000 Tons), 2019-2024
Figure 38: Acetonitrile Manufacturing: Detailed Process Flow
Figure 39: Acetonitrile Manufacturing: Conversion Rate of Feedstocks
Figure 40: Global: Propylene Market: Production Volume Trends (in Million Tons), 2011-2018
Figure 41: Global: Propylene Market: Value Trends (in Million US$), 2011-2018 
Figure 42: Global: Propylene Market: Price Trends (in US$/Ton), 2011-2018
Figure 43: Global: Propylene Market: Breakup by Region (in %), 2018
Figure 44: Global: Propylene Market: Breakup by End-Use (in %), 2018

List of Tables

Table 1: Acetonitrile: Physical Properties
Table 2: Acetonitrile: Chemical Properties
Table 3: Global: Acetonitrile Market: Key Industry Highlights, 2018 and 2024
Table 4: Global: Acetonitrile Market Forecast: Breakup by Region (in ‘000 Tons), 2019 - 2024
Table 5: Global: Acetonitrile Market Forecast: Breakup by End Use (in ‘000 Tons), 2019 - 2024
Table 6: Global: Nitrile Function Compounds: Imports by Major Countries
Table 7: Global: Nitrile Function Compounds: Exports by Major Countries
Table 8: Global: Acetonitrile Market: List of Major Players
Table 9: Acetonitrile Manufacturing: Raw Materials Requirements
Table 10: Acetonitrile Manufacturing: Chemical Reactions Involved
Table 11: Global: Propylene Market: List of Major Players
Table 12: 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

Purchase Options




$ 1999

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )


Drop us an email at

sales@imarcgroup.com

Social Links