Market Overview:
The India acetonitrile market size reached 18,945.9 Tons in 2023. Looking forward, IMARC Group expects the market to reach 31,362.4 Tons by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
18,945.9 Tons |
Market Forecast in 2032 |
31,362.4 Tons |
Market Growth Rate (2024-2032) |
5.6% |
Acetonitrile is a lethal and colorless solvent, which is also known as methyl cyanide and ethanenitrile. It is a small and simple organic nitrile produced in the form of acrylonitrile and has an ether-like odor. It is commonly available in derivative and solvent variants and is used as an aprotic solvent in the natural synthesis and refinement of butadiene. Acetonitrile is also used in perfumes, acrylic nail removers, batteries and to extract fatty acids from animal and vegetable oils. It is a strong solvent, easily soluble in water and has high chemical stability. In comparison to the traditionally used methanol, acetonitrile reacts endothermically with water and has higher elution strength. As a result, it finds extensive applications across various industries, such as pharmaceutical, automotive and agriculture.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
The India acetonitrile market is primarily being driven by its widespread adoption as a solvent in the pharmaceutical industry to produce antibiotics and insulin. Moreover, the implementation of various government initiatives, such as National Food Security Mission (NFSM), is leading to the increasing demand for acetonitrile-based agrochemicals, which, in turn, is favoring the market growth. Acetonitrile is also used for synthesizing artificial pesticides and fertilizers and acts as an inert ingredient in pesticides. Additionally, the increasing product utilization as a solvent in liquid chromatography to influence the interaction between sample components and adsorbents in chiral systems is positively impacting the market growth. Other factors, including rising product demand in the chemical processing industry, along with the increasing utilization of acetonitrile for recrystallization of medical drugs, are anticipated to drive the market growth across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India acetonitrile market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on end use.
Breakup by End Use:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Pharmaceuticals
- Analytical Industry
- Agrochemicals
- Extraction Industry
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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 |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
‘000 Tons |
Segment Coverage |
End Use, Region |
Region Covered |
North India, West and Central India, South India, East India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
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) |