Acetonitrile Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031

Global Acetonitrile report from Global Insight Services is the single authoritative source of intelligence on Acetonitrile market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Acetonitrile is an organic compound with the chemical formula CH3CN. This colourless liquid is the simplest organic nitrile. It is a useful solvent due to its high polarity, low toxicity, and low vapor pressure. Acetonitrile is produced on a large scale for use in the manufacture of drugs, plastics, and other chemicals.

Acetonitrile is used as a solvent in the laboratory because of its high polarity and low toxicity. It is miscible with water and organic solvents, and it can be used to dissolve and extract a variety of compounds. Acetonitrile is also used in the synthesis of drugs, plastics, and other chemicals.

Key Trends

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Market Segmentation
The Acetonitrile Market is segmented by type, application, and region. By type, the market is divided into derivative and solvent. By application, the market is bifurcated into pharmaceutical, analytical industry, agrochemical, extraction, and others. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.

Key Players
The key players in the Acetonitrile Market are AnQore, Avantor Performance Materials, Honeywell, Formosa Plastics Corporation, Imperial Chemical Corporation, INEOS, Nova Molecular Technologies, Asahi Kasei Medical Company Limited, AlzChem AG, and Dupont.

Key Drivers
The key drivers of the acetonitrile market include the growing demand for acetonitrile from the pharmaceutical and agrochemical industries, and the increasing use of acetonitrile as a solvent in the production of plastics and resins.

The pharmaceutical industry is the largest consumer of acetonitrile, accounting for more than 50% of the total demand. Acetonitrile is used as a solvent in the production of active pharmaceutical ingredients (APIs) and in the synthesis of intermediates for the manufacture of drugs.

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