Expert Market Research’s new report, titled Global Acetonitrile Market Report and Forecast 2021-2026, provides an in-depth analysis of the global Acetonitrile Market Price, Evaluation of the market based on its segments such as end-use and major regions. The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses the market dynamics, covers the main demand and price indicators and analyzes the market based on the SWOT and Porter Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

• Historical market size (2020): 122 kilometric tons
• Forecast CAGR (2021-2026): 1%
• Forecast market size (2026): 4 kilometric tons

One of the main factors driving the growth of the acetonitrile market is the growing demand for acetonitrile from end-use industries such as pharmaceutical manufacturing, specialty chemicals, electronics, HPLC applications, and biotechnological applications. The increasing popularity of acetonitrile in the plastics industry, where it is used to produce virgin acrylonitrile and acrylonitrile butadiene styrene (ABS) plastics that offer impact resistance, tensile strength and excellent resistance to chemicals and various plasticizers, will drive the acetonitrile market . Therefore, during the forecast period, the increase in demand for acrylonitrile products such as acrylic fibers and polyacrylamide is expected to boost the market growth.

Industry definition and main segments

Acetonitrile, also known as methyl cyanide (MeCN), is a chemical compound with the formula CH3CN. This colorless liquid is the simplest organic nitrile.

Based on end use, the industry can be segmented into:

• drug
• Analytical Industry
• agrochemicals
• extraction industry
• Other

Regionally, the market is divided into:

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Market…