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GCC Acetonitrile Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The GCC acetonitrile market is expected to exhibit XX growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Acetonitrile, or methyl cyanide, is a simple organic nitrile with an ether-like odor. It is commonly available in derivative and solvent variants and is used in acrylic nail removers, batteries and perfumes and as a medium-polarity solvent. It is also utilized as an aprotic solvent in the natural synthesis and refinement of butadiene. Acetonitrile is a strong solvent, easily soluble in water and exhibits high chemical stability. In comparison to methanol, it reacts endothermically with water and has a higher elution strength. As a result, it finds extensive applications across various industries, such as pharmaceutical, automotive and agriculture.

The GCC acetonitrile market is primarily being driven by the widespread product adoption in the manufacturing of agrochemicals, such as fertilizers and pesticides. Moreover, the increasing adoption of aqueous acetonitrile as an extraction solvent to synthesize pesticides is providing a thrust to the market growth. Additionally, the widespread product utilization in the pharmaceutical industry is favoring the market growth. Acetonitrile is widely used in the production of antibiotics, insulin and as a reaction solvent. The rising product demand in the automotive industry for producing acrylonitrile butadiene styrene (ABS) plastic with enhanced mechanical strength and chemical resistance is also positively impacting the market growth. Other factors, including significant growth in the chemical processing industry and the increasing utilization of acetonitrile for recrystallization of medical drugs, are anticipated to drive the market toward growth across the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC acetonitrile market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on end use.

Breakup by End Use:

  • Pharmaceuticals
  • Analytical Industry
  • Agrochemicals
  • Extraction Industry
  • Others
     

Breakup by Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units ‘000 Tons
Segment Coverage End Use, Country
Countries Covered Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the GCC acetonitrile market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the GCC acetonitrile market?
  • What are the key regional markets?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the GCC acetonitrile market and who are the key players?
  • What is the degree of competition in the industry?

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    GCC Acetonitrile Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by End Use
    6.1    Pharmaceuticals
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Analytical Industry
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Agrochemicals
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4     Extraction Industry
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast 
7    Market Breakup by Country
    7.1    Saudi Arabia
        7.1.1 Market Trends
        7.1.2 Market Breakup by End Use
        7.1.3 Market Forecast
    7.2    UAE
        7.2.1 Market Trends
        7.2.2 Market Breakup by End Use
        7.2.3 Market Forecast
    7.3    Qatar
        7.3.1 Market Trends
        7.3.2 Market Breakup by End Use
        7.3.3 Market Forecast
    7.4    Oman
        7.4.1 Market Trends
        7.4.2 Market Breakup by End Use
        7.4.3 Market Forecast
    7.5    Kuwait
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Bahrain
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    SWOT Analysis
    8.1    Overview
    8.2    Strengths
    8.3    Weaknesses
    8.4    Opportunities
    8.5    Threats
9    Value Chain Analysis
10    Porters Five Forces Analysis

    10.1    Overview
    10.2    Bargaining Power of Buyers
    10.3    Bargaining Power of Suppliers
    10.4    Degree of Competition
    10.5    Threat of New Entrants
    10.6    Threat of Substitutes
11    Price Analysis
12    Policy and Regulatory Landscape
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: GCC: Acetonitrile Market: Major Drivers and Challenges
Figure 2: GCC: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 - 2020 
Figure 3: GCC: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 4: GCC: Acetonitrile Market: Breakup by End Use (in %), 2020
Figure 5: GCC: Acetonitrile Market: Breakup by Country (in %), 2020
Figure 6: GCC: Acetonitrile (Pharmaceuticals) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 7: GCC: Acetonitrile (Pharmaceuticals) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 8: GCC: Acetonitrile (Analytical Industry) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 9: GCC: Acetonitrile (Analytical Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 10: GCC: Acetonitrile (Agrochemicals) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 11: GCC: Acetonitrile (Agrochemicals) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 12: GCC: Acetonitrile (Extraction Industry) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 13: GCC: Acetonitrile (Extraction Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 14: GCC: Acetonitrile (Other End Uses) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 15: GCC: Acetonitrile (Other End Uses) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 16: Saudi Arabia: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 17: Saudi Arabia: Acetonitrile Market: Breakup by End Use (in %), 2020 
Figure 18: Saudi Arabia: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 19: UAE: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 20: UAE: Acetonitrile Market: Breakup by End Use (in %), 2020 
Figure 21: UAE: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 22: Qatar: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 23: Qatar: Acetonitrile Market: Breakup by End Use (in %), 2020 
Figure 24: Qatar: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 25: Oman: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 26: Oman: Acetonitrile Market: Breakup by End Use (in %), 2020 
Figure 27: Oman: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026 
Figure 28: Kuwait: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 29: Kuwait: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 30: Bahrain: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 31: Bahrain: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 32: GCC: Acetonitrile Industry: SWOT Analysis
Figure 33: GCC: Acetonitrile Industry: Value Chain Analysis
Figure 34: GCC: Acetonitrile Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Acetonitrile Market: Key Industry Highlights, 2020 and 2026
Table 2: GCC: Acetonitrile Market Forecast: Breakup by End Use (in ‘000 Tons), 2021-2026
Table 3: GCC: Acetonitrile Market Forecast: Breakup by Country (in ‘000 Tons), 2021-2026
Table 4: GCC: Acetonitrile Market: Competitive Structure
Table 5: GCC: Acetonitrile Market: Key Players

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