The Japan 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 is a highly volatile, colorless and flammable liquid, which is also known as methyl cyanide and ethanenitrile. It is commonly available in derivative and solvent variants and is used in acrylic nail removers, batteries and perfumes. It is also utilized as a medium-polarity and aprotic solvent in the natural synthesis and refinement of butadiene. Acetonitrile exhibits high chemical stability and eluting power and is compatible with liquid chromatography-mass spectrometry (LC/MS) solutions. In comparison to methanol, acetonitrile reacts endothermically with water and finds extensive applications across various industries, such as pharmaceuticals, automotive and agriculture.
The Japan acetonitrile market is primarily being driven by the widespread product adoption in the pharmaceutical industry. Acetonitrile is widely used as a starting material to synthesize vitamin A and B1, cortisones, carbonate drugs and amino acids. Moreover, the construction of new acetonitrile manufacturing plants in the country to provide a continuous product supply to various industries is providing a thrust to the market growth. Various product innovations, such as the launch of aqueous acetonitrile, which is used as an extraction solvent to synthesize pesticides and fertilizers, are favoring the market growth. Additionally, the increasing product demand in the automotive industry for producing acrylonitrile butadiene styrene (ABS) plastic with enhanced mechanical strength and chemical resistance is positively impacting the market growth. Other factors, including significant growth in the agrochemical industry and the widespread product adoption for drug recrystallization, 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 Japan 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:
- Analytical Industry
- Extraction Industry
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||End Use, Region
||Kanto Region, Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region
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Key Questions Answered in This Report:
- How has the Japan acetonitrile market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan 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 Japan acetonitrile market and who are the key players?
- What is the degree of competition in the industry?