Acetonitrile is the chemical compound with the formula CH3CN. This colourless liquid is the simplest organic nitrile (hydrogen cyanide is a simpler nitrile, but the cyanide anion is not classed as organic). It is produced mainly as a byproduct of acrylonitrile manufacture. It is used as a polar aprotic solvent in organic synthesis and in the purification of butadiene. Acetonitrile solvent with excellent performance, is an important organic intermediates. And it is widely used as a polar aprotic solvent.
Major manufacturers of acetonitrile are mainly in USA, UK, Korea, Japan, Holland and China. NEOS in the United States, Asahi Kasei in Japan and CNPC Group in China are the major manufacturers in the global acetonitrile market.
The pharmaceutical industry is the largest user for acetonitrile, and they use acetonitrile as a reagent, reaction solvent or extraction solvent. Acetonitrile is used as a raw material to synthesize vitamins A and B1, cortisone, carbonate drugs and some amino acids. Moreover, acetonitrile is also used as a solvent for DNA synthesis and in the production of insulin and antibiotics. The latter are used to treat infections in the lower respiratory tract, skin tissue and bacterial septicemia. The use of acetonitrile in pharmaceutical products for diseases has grown rapidly in recent years.

The Global Acetonitrile Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Acetonitrile Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

INEOS
Asahi Kasel Chemicals
China National Petroleum
Shanghai Secco
Shandong Shida Shenghua
Nantong Acetic Acid Chemical
Sinopec Group
DSM
Baiyun Group
Taekwang
Zibo Jinma Chemical Factory
Sterling Chemicals
TEDIA
Daqing Huake

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Ammoxidation of Propylene
Acetic acid and Ammonia Synthesis
Acetylene Ammonification Reaction
In Market segmentation by applications :

Pharmaceutical
Laboratory Preparation
Pesticide
Organic Synthesis
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Acetonitrile Market for the forecast period 2023 - 2030?
• What are the driving forces in the Acetonitrile Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Acetonitrile industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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