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

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

Report Format: PDF+Excel | Report ID: SR112023A4427
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Market Overview:

The United States 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 a small and simple organic nitrile produced in the form of acrylonitrile and is used as an aprotic solvent in the organic synthesis and purification of butadiene. Acetonitrile has high chemical stability eluting power and is compatible with liquid chromatography-mass spectrometry (LC/MS) solutions. It is also used in perfumes, acrylic nail removers, batteries and to extract fatty acids from animal and vegetable oils. It finds extensive application across various industries, such as pharmaceuticals, automotive and agrochemical.

The United States acetonitrile market is primarily being driven by its widespread utilization in the pharmaceutical industry. Acetonitrile is widely used as a reaction solvent, carbonated drug, cortisone and starting material to synthesize vitamins A and B1. Moreover, various product innovations, such as the launch of aqueous acetonitrile, are providing a thrust to the market growth. Aqueous acetonitrile is commonly used as an extraction solvent to synthesize pesticides. Additionally, the increasing demand for acetonitrile in the automotive industry for producing acrylonitrile butadiene styrene (ABS) plastic with enhanced mechanical strength and chemical resistance is favoring the market growth. Other factors, including the increasing usage of acetonitrile for drug recrystallization, along with significant growth in the chemical industry, are anticipated to create a positive outlook for the market in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States 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 Region:

  • Northeast
  • Midwest
  • South
  • West
     

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, Region
Region Covered Northeast, Midwest, South, West
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 United States acetonitrile market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States 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 United States acetonitrile market and who are the key players?
  • What is the degree of competition in the industry?

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