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Pulished Date February, 2020
ID: 8120
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Acetonitrile Market By Type (Derivative, & Solvents), By Application (Pharmaceutical, Analytical & Extraction Industry, & Agrochemical), By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2020-2025)

Pulished: February, 2020
ID: 8120
Pages: 175

Recent Developments:

  • Recently, a system was developed for monitoring of Patulin in fruits using liquid chromatography. Patulin is a mycotoxin that shows a huge number of toxic effects in animals.
  • An experimental study was carried out where Patulin was extracted using acetonitrile & ethyl acetate. It was found that the carotenoid pigments were more easily extracted by ethyl acetate, whereas anthocyanins extraction was favored by acetonitrile.
  • With the development in liquid-liquid extraction (LLE) a new method dispersive liquid-liquid microextraction (DLLME) technique has been used for extraction as it improves efficiency. In this Acetonitrile is used as a dispersive solvent.

Acetonitrile market value & expected growth:

Global Acetonitrile market was $230.35 Million in 2018. It is expected to be around $293.2 Million in 2023 with a current CAGR of 4.95%. The global Acetonitrile market is expected to witness moderate growth during the forecast period (2018 – 2023). Asia Pacific market is expected to grow the fastest among all other regions.

Acetonitrile Market Drivers & Restraints:

Acetonitrile is a raw product for many end-user industries such as pharmaceuticals & biotech industry, various special chemical additives, HPLC, & electronic industry. The rise in demand from these industries has kind of boosted the growth in the market. Moreover, the growing demand for Acetonitrile derived products such as acrylic fibers, polyacrylamide, and acrylic plastics is also one of the reasons for the growth of the market.

The boom in the pharma & biotech industries has fuelled the growth of this market. Every day some new kind of drug is being prepared to cure various ailments. Acetonitrile market is expected to have potential growth in the recycling industry which will also push the growth of the market.

An increase in price, heavy fluctuations in the availability of material & irregular supply has caused some hindrances in the market’s growth. Use of many other alternative solvents & stringent environmental policies is also some of the reasons for inhibiting the market’s growth.

Market Segmentation:

  • By Type (Derivatives, & Solvents)
  • By Application (Pharmaceutical, Analytic & Extraction, & Agrochemicals)
  • By Region (North America, Europe, Latin America, Asia Pacific, & Middle East & Africa)

Acetonitrile Market Geographical Analysis:

By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. The Asia Pacific is expected to witness the fastest growth in the forecast period (2018 – 2023) both in terms of volume & size. It is witnessed as a major market hub to key market players & the sudden boom in pharmaceuticals & biotech industry in the region is responsible for growth in this region. Agrochemicals are also one of the reasons for growth in this region. Due to the fastest growth in economies, China & India are expected to be the biggest market holders in this region.

Key Market Players:

Here are some key market players for Acetonitrile Market – INEOS (U.K.), Asahi Kasei (Japan), CNPC Jilin Chemical Group (China), Imperial Chemical Corporation, AlzChem AG, Dow Du Pont (United States of America), Purification Technologies Inc., Sigma-Aldrich, Sterling Chemicals, J.T. Baker Chemical, GFS Chemicals Inc., Achemica, BP Chemicals, Continental Industries Group Inc., NeuChem Inc., and Filo Chemical Incorporated.

INEOS (U.K.) is a global manufacturer of petrochemicals, specialty chemicals, and oil products. It has 34 businesses each with a major chemical company heritage. It manufactures & markets Acetonitriles globally. It has a long-range of co-products produced by acetonitrile such as:

  • Oxazole a useful additive in oils & solvents for many industries.
  • Hydrogen Cyanide (HCN)
  • Acetone Cyanohydrins (ACH)


Report Metric


Market size available for years


Base year considered


Forecast period


Market Values

Value (USD) and CAGR

Segments covered

By Type,Technology, Application,End User,and Region

Geographies covered

North America, Asia Pacific, Europe, South America, and the Middle East & Africa




Companies covered

TOTAL Cray valley (France), Evonik Industries (Germany), Idemitsu Kosan (Japan), Emerald Performance Materials (United States of America), CRS Chemicals (United States of America), ISLAND PYROCHEMICAL INDUSTRIES CORP. (United States of America), Monomer – polymer DAJAC Labs (United States of America), Zibo Quilong Chemical Industries (China), Polymer Source ( Canada)

  Research Report Key Highlights:

  • The evaluation of the current market for your product or services and the future implications of the market.
  • Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future Extensive segmentation to understand the dynamics of the market at a very granular level by splitting down the market to the smallest segment.
  • Addresses the key market dynamics involving the drivers, restraints, and challenges with the aim of providing insights for gaining market share.
  • The factors responsible for the shaping of the industry as it is as a result of the competitive environment are analyzed through Porter’s Five Forces.

 1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Derivatives             

                                5.1.3 Solvents   

                                5.1.4 Y-o-Y Growth Analysis, By Type      

                                5.1.5 Market Attractiveness Analysis, By Type    

                                5.1.6  Market Share Analysis, By Type     

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.1 Pharmaceutical     

                                5.2.2 Analytic & Extraction          

                                5.2.3 Agrochemicals       

                                5.2.4Y-o-Y Growth Analysis, By Application          

                                5.2.5  Market Attractiveness Analysis, By Application      

                                5.2.6 Market Share Analysis, By Application         

                                5.2.7 Market Share Analysis, By Type      

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                       By Geographical Area

                                       By Type

                                       By Application

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Type

                                       By Application

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Type

                                       By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 INEOS                           

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Asahi Kasei                 

                8.3 CNPC Jilin Chemical Group                   

                8.4 Imperial Chemical Corporation                          

                8.5 AlzChem AG               

                8.6Dow Du Pont                              

                8.7 Purification Technologies Inc.                             

                8.8 Sigma-Aldrich, Sterling Chemicals                     

                8.9 J.T. Baker Chemical                 

                8.10 GFS Chemicals Inc.                

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          


                a) List of Tables                

                b) List of Figures                               

  •  Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Diagnostic Wearable Devices, and Therapeutic Wearable Devices along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market 
  1. Global Acetonitrile market Market By Region, From 2020-2025 ( USD Million )
  2. Global Acetonitrile market Market By Type, From 2020-2025 ( USD Million )
  3. Global Derivative Market By Region, From 2020-2025 ( USD Million )
  4. Global Solvents Market By Region, From 2020-2025 ( USD Million )
  5. Global Acetonitrile market Market By Application, From 2020-2025 ( USD Million )
  6. Global Pharmaceutical Market By Region, From 2020-2025 ( USD Million )
  7. Global Analytic & extraction Market By Region, From 2020-2025 ( USD Million )
  8. Global Agrochemicals Market By Region, From 2020-2025 ( USD Million )

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