Market Overview:
The India acetonitrile market is expected to exhibit a CAGR of 6.7% during 2022-2027. 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 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.
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, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on end use.
Breakup by End Use:
- 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 |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| 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$ 2299
Five User License: US$ 3399
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 India acetonitrile market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India 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 India 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 India 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 Region
7.1 North India
7.1.1 Market Trends
7.1.2 Market Breakup by State
7.1.3 Market Forecast
7.2 West and Central India
7.2.1 Market Trends
7.2.2 Market Breakup by State
7.2.3 Market Forecast
7.3 East India
7.3.1 Market Trends
7.3.2 Market Breakup by State
7.3.3 Market Forecast
7.4 South India
7.4.1 Market Trends
7.4.2 Market Breakup by State
7.4.3 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: India: Acetonitrile Market: Major Drivers and Challenges
Figure 2: India: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2016 - 2021
Figure 3: India: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 4: India: Acetonitrile Market: Breakup by End Use (in %), 2021
Figure 5: India: Acetonitrile Market: Breakup by Region (in %), 2021
Figure 6: India: Acetonitrile (Pharmaceuticals) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 7: India: Acetonitrile (Pharmaceuticals) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 8: India: Acetonitrile (Analytical Industry) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 9: India: Acetonitrile (Analytical Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 10: India: Acetonitrile (Agrochemicals) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 11: India: Acetonitrile (Agrochemicals) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 12: India: Acetonitrile (Extraction Industry) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 13: India: Acetonitrile (Extraction Industry) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 14: India: Acetonitrile (Other End Uses) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 15: India: Acetonitrile (Other End Uses) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 16: North India: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 17: North India: Acetonitrile Market: Breakup by State (in %), 2021
Figure 18: North India: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 19: West and Central India: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 20: West and Central India: Acetonitrile Market: Breakup by State (in %), 2021
Figure 21: West and Central India: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 22: East India: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 23: East India: Acetonitrile Market: Breakup by State (in %), 2021
Figure 24: East India: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 25: South India: Acetonitrile Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 26: South India: Acetonitrile Market: Breakup by State (in %), 2021
Figure 27: South India: Acetonitrile Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 28: India: Acetonitrile Industry: SWOT Analysis
Figure 29: India: Acetonitrile Industry: Value Chain Analysis
Figure 30: India: Acetonitrile Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Acetonitrile Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Acetonitrile Market Forecast: Breakup by End Use (in ‘000 Tons), 2022-2027
Table 3: India: Acetonitrile Market Forecast: Breakup by Region (in ‘000 Tons), 2022-2027
Table 4: India: Acetonitrile Market: Competitive Structure
Table 5: India: Acetonitrile Market: Key Players