Notice: Global Information Announces Listing on JASDAQ Standard Market of the Tokyo Stock Exchange

Cover Image
Market Research Report

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

Published by IMARC Services Private Limited Product code 988462
Published Content info 112 Pages
Delivery time: 2-3 business days
Price
Back to Top
Acetonitrile Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Published: February 2, 2021 Content info: 112 Pages
Description

Acetonitrile is the simplest of organic nitriles with the chemical formula CH3CN. It is also known as cyanomethane, methyl cyanide, ethyl nitrile, methanecarbonitrile, etc. It is a clear, colourless liquid with a sweet, ethereal odour and is an important intermediate for pharmaceutical and functional material chemicals. According to IMARC Group's latest report "Acetonitrile Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global acetonitrile market reached a volume of 134 Kilotons in 2020. The report finds that the market is currently being driven by a heavy demand of acetonitrile in its end-use industries such as pharmaceuticals and HPLC applications. The report provides a comprehensive insight into the industry including its market breakup by region, market breakup by end-uses, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of acetonitrile, covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc. Looking forward, IMARC Group expects the global acetonitrile market exhibit moderate growth during the next five years.

The report has analysed and segmented the global acetonitrile market on the basis of end-uses. Its biggest end-user is the pharmaceuticals industry accounting for the majority of the total global consumption. Acetonitrile is used to synthesise certain vitamins, amino acids, cortisone, etc. It is also used as a solvent in the production of insulin and antibiotics, tertiary-generation cephalosporins and for DNA synthesis. The second largest consumer of acetonitrile is in the HPCL applications (high-performance liquid chromatography). Acetonitrile is also used as a solvent in UV spectroscopy and polarography, in lithium batteries, for casting and moulding of plastic materials, for the extraction of fatty acids from animal and vegetable oils, in chemical laboratories for the detection of chemical residues and for spinning fibres.

The report has analysed the global key regions of the acetonitrile market and finds Asia-Pacific as the its biggest producer, accounting for more than half of the total global production. Asia-Pacific is followed by North America and Europe. In terms of consumption, China represents the biggest consumer of acetonitrile followed by North and South America, Europe and Japan. On the basis of import and export trends, the China represents the largest global importer of acetonitrile accounting for the majority of the total global imports. The China is followed by United States, Brazil, India, United Kingdom and France.

Analysing the competitive landscape of the global acetonitrile market the report has found that INEOS represents the world's biggest producer of acetonitrile accounting for around a third of the total global production. INEOS is followed by Asahi Kasei Corporation, Formosa Plastic Corporation, Imperial Chemical Corporation, Nova Molecular Technologies, Inc, Tedia Company, Inc, Avantor Performance Materials, LLC, Shanghai Secco Petrochemical Company Limited, Qingdao Shida Chemical Co., Ltd. Nantong Acetic Acid Chemical Co., Ltd. and Taekwang Industrial Co., Ltd.

The essential aspects of the global acetonitrile market evaluated in the report include:

  • Market trends
  • Major regions
  • Impact of COVID-19
  • Key application areas
  • Key manufacturers
  • Price trends
  • Raw material requirements
  • Chemical reactions involved in the manufacturing process
  • Major importers and exporters
  • Value chain analysis
  • Market trends for major feedstocks
  • Price trends for major feedstocks
  • Key regions for major feedstocks
  • Key application areas for major feedstocks
  • Key players for major feedstocks
Table of Contents
Product Code: SR1020A197_Report

Table of Contents

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 Global Acetonitrile Industry

  • 5.1 Market Overview
  • 5.2 Market Performance
    • 5.2.1 Volume Trends
    • 5.2.2 Value Trends
  • 5.3 Impact of COVID-19
  • 5.4 Price Analysis
    • 5.4.1 Key Price Indicators
    • 5.4.2 Price Structure
    • 5.4.3 Price Trends
  • 5.5 Market Breakup by Region
  • 5.6 Market Breakup by End Use
  • 5.7 Market Forecast
  • 5.8 SWOT Analysis
    • 5.8.1 Strengths
    • 5.8.2 Weaknesses
    • 5.8.3 Opportunities
    • 5.8.4 Threats
  • 5.9 Value Chain Analysis
    • 5.9.1 Raw Material Procurement
    • 5.9.2 Manufacturing
    • 5.9.3 Distribution
    • 5.9.4 Export
    • 5.9.5 End-Use
  • 5.10 Porter's Five Forces Analysis
    • 5.10.1 Overview
    • 5.10.2 Bargaining Power of Buyers
    • 5.10.3 Bargaining Power of Suppliers
    • 5.10.4 Degree of Competition
    • 5.10.5 Threat of New Entrants
    • 5.10.6 Threat of Substitutes
  • 5.11 Trade Data
    • 5.11.1 Imports
    • 5.11.2 Exports
  • 5.12 Key Market Drivers and Success Factors

6 Performance of Key Regions

  • 6.1 Asia-Pacific
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 North America
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Europe
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Middle East and Africa
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Latin America
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by End Use

  • 7.1 Pharmaceuticals
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Analytical Industry
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Agrochemicals
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Extraction Industry
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Competitive Landscape

  • 8.1 Market Structure
  • 8.2 Key Players
  • 8.3 Profiles of Major Players
    • 8.3.1 Ineos AG
    • 8.3.2 Asahi Kasei Corporation
    • 8.3.3 Formosa Plastic Corporation
    • 8.3.4 Imperial Chemical Corporation
    • 8.3.5 Nova Molecular Technologies, Inc.
    • 8.3.6 Tedia Company, Inc.
    • 8.3.7 Avantor Performance Materials, LLC
    • 8.3.8 Shanghai Secco Petrochemical Company Limited
    • 8.3.9 Qingdao Shida Chemical Co., Ltd.
    • 8.3.10 Nantong Acetic Acid Chemical Co., Ltd.
    • 8.3.11 Taekwang Industrial Co., Ltd

9 Acetonitrile Manufacturing Process

  • 9.1 Product Overview
  • 9.2 Chemical Reactions Involved
  • 9.3 Manufacturing Process
  • 9.4 Detailed Process Flow
  • 9.5 Raw Material Requirements
  • 9.6 Mass Balance and Feedstock Conversion Rates

10 Acetonitrile Feedstock Market Analysis

  • 10.1 Propylene
    • 10.1.1 Market Performance
      • 10.1.1.1 Volume Trends
      • 10.1.1.2 Value Trends
    • 10.1.2 Price Trends
    • 10.1.3 Market Breakup by Region
    • 10.1.4 Market Breakup by End-Use
    • 10.1.5 Key Suppliers
  • 10.2 Ammonia
    • 10.2.1 Market Performance
      • 10.2.1.1 Volume Trends
      • 10.2.1.2 Value Trends
    • 10.2.2 Price Trends
    • 10.2.3 Market Breakup by Region
    • 10.2.4 Market Breakup by End-Use
    • 10.2.5 Key Suppliers

List of Figures

  • Figure 1: Global: Acetonitrile Industry Overview
  • Figure 2: Global: Acetonitrile Market: Production Volume Trends (in '000 Tons), 2015-2020
  • Figure 3: Global: Acetonitrile Market: Production Value Trends (in Million US$), 2015-2020
  • Figure 4: Global: Acetonitrile Market: Average Prices (in US$/Ton), 2015-2020
  • Figure 5: Global: Acetonitrile Market: Production Breakup by Region (in %), 2020
  • Figure 6: Global: Acetonitrile Market: Consumption Breakup by Region (in %), 2020
  • Figure 7: Global: Acetonitrile Market: Breakup by End-Use (in %), 2020
  • Figure 8: Global: Acetonitrile Market Forecast: Production Volume Trends (in '000 Tons), 2021-2026
  • Figure 9: Global: Acetonitrile Market Forecast: Production Value Trends (in Million US$), 2021-2026
  • Figure 10: Global: Acetonitrile Market Forecast: Average Prices (in US$/Ton), 2021-2026
  • Figure 11: Global: Acetonitrile Industry: SWOT Analysis
  • Figure 12: Global: Acetonitrile Industry: Value Chain Analysis
  • Figure 13: Global: Acetonitrile Industry: Porter's Five Forces Analysis
  • Figure 14: Global: Nitrile Function Compounds: Import Value Breakup by Country
  • Figure 15: Top Countries: Nitrile Function Compounds: Import Value Trend (in '000 Tons)
  • Figure 16: Global: Nitrile Function Compounds: Export Value Breakup by Country
  • Figure 17: Top Countries: Nitrile Function Compounds: Export Value Trend (in '000 Tons)
  • Figure 18: Asia-Pacific: Acetonitrile Market (in '000 Tons), 2015 & 2020
  • Figure 19: Asia-Pacific: Acetonitrile Market Forecast (in '000 Tons), 2021-2026
  • Figure 20: North America: Acetonitrile Market (in '000 Tons), 2015 & 2020
  • Figure 21: North America: Acetonitrile Market Forecast (in '000 Tons), 2021-2026
  • Figure 22: Europe: Acetonitrile Market (in '000 Tons), 2015 & 2020
  • Figure 23: Europe: Acetonitrile Market Forecast (in '000 Tons), 2021-2026
  • Figure 24: Middle East and Africa: Acetonitrile Market (in '000 Tons), 2015 & 2020
  • Figure 25: Middle East and Africa: Acetonitrile Market Forecast (in '000 Tons), 2021-2026
  • Figure 26: Latin America: Acetonitrile Market (in '000 Tons), 2015 & 2020
  • Figure 27: Latin America: Acetonitrile Market Forecast (in '000 Tons), 2021-2026
  • Figure 28: Global: Acetonitrile Market: Pharmaceuticals (in '000 Tons), 2015 & 2020
  • Figure 29: Global: Acetonitrile Market Forecast: Pharmaceuticals (in '000 Tons), 2021-2026
  • Figure 30: Global: Acetonitrile Market: Analytical Industry (in '000 Tons), 2015 & 2020
  • Figure 31: Global: Acetonitrile Market Forecast: Analytical Industry (in '000 Tons), 2021-2026
  • Figure 32: Global: Acetonitrile Market: Agrochemicals (in '000 Tons), 2015 & 2020
  • Figure 33: Global: Acetonitrile Market Forecast: Agrochemicals (in '000 Tons), 2021-2026
  • Figure 34: Global: Acetonitrile Market: Extraction (in '000 Tons), 2015 & 2020
  • Figure 35: Global: Acetonitrile Market Forecast: Extraction (in '000 Tons), 2021-2026
  • Figure 36: Global: Acetonitrile Market: Other Applications (in '000 Tons), 2015 & 2020
  • Figure 37: Global: Acetonitrile Market Forecast: Other Applications (in '000 Tons), 2021-2026
  • Figure 38: Acetonitrile Manufacturing: Detailed Process Flow
  • Figure 39: Acetonitrile Manufacturing: Conversion Rate of Feedstocks
  • Figure 40: Global: Propylene Market: Production Volume Trends (in Million Tons), 2015-2020
  • Figure 41: Global: Propylene Market: Value Trends (in Million US$), 2015-2020
  • Figure 42: Global: Propylene Market: Price Trends (in US$/Ton), 2015-2020
  • Figure 43: Global: Propylene Market: Breakup by Region (in %), 2020
  • Figure 44: Global: Propylene Market: Breakup by End-Use (in %), 2020

List of Tables

  • Table 1: Acetonitrile: Physical Properties
  • Table 2: Acetonitrile: Chemical Properties
  • Table 3: Global: Acetonitrile Market: Key Industry Highlights, 2020 and 2026
  • Table 4: Global: Acetonitrile Market Forecast: Breakup by Region (in '000 Tons), 2021-2026
  • Table 5: Global: Acetonitrile Market Forecast: Breakup by End Use (in '000 Tons), 2021-2026
  • Table 6: Global: Nitrile Function Compounds: Imports by Major Countries
  • Table 7: Global: Nitrile Function Compounds: Exports by Major Countries
  • Table 8: Global: Acetonitrile Market: List of Major Players
  • Table 9: Acetonitrile Manufacturing: Raw Materials Requirements
  • Table 10: Acetonitrile Manufacturing: Chemical Reactions Involved
  • Table 11: Global: Propylene Market: List of Major Players
  • Table 12: Global: Ammonia Market: Capacities of Major Players (in '000 Tons)
Back to Top