Global Acetonitrile Market-Industry Trends and Forecast to 2025 | Merck KGaA, Sumitomo Chemical Co., Ltd., SHOWA DENKO K.K, Ashok Alco – chem Limited (AACL), Jubilant Life Sciences Ltd

The Global Acetonitrile Market research report also explains in depth description, competitive scenario, product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter’s five force analysis. This market report offers an actionable market insight with which sustainable and profitable business strategies can be built. This report has been prepared by conducting market research in a systematic manner. The cultured meat is a type of meat which is produced from in vitro nature cell. This meat is produced by taking different cells from various animals and growing them in a medium which is rich in nutrients. These cells can be multiplied to a great extent and a single cell can be used to manufacture a good amount of meat.

Global Acetonitrile Market By Type (Derivative, Solvent), Application (Organic Synthesis, Specialty Chemicals, HPLC Solvents, Pharmaceutical, Extraction, DNA & RNA Synthesis, Others), End-User (Pharmaceutical Industry, Analytical Industry, Agricultural Industry, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026.

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Market Analysis: Global Acetonitrile Market 

Global Acetonitrile Market is expected to rise from its initial estimated value of USD 232.47 million in 2018 to an estimated value of USD 345.30 million by 2026, registering a CAGR of 5.07% in the forecast period of 2019-2026. This rise in market value can be attributed to the innovations and advancements in the methods of production, which has resulted in recycling of acetonitrile.

Market Definition: Global Acetonitrile Market 

Acetonitrile is known as a chemical compound, that is used in the production of various pharmaceuticals and as a solvent in high-performance liquid chromatography. It also finds its application as a raw material for the production of various end-use products. It is a colourless chemical compound with a sweet odour CH3CN.

Market Drivers:

  • High growth and demand from pharmaceutical industry due to its use in drug recrystallization; this factor is expected to drive the market growth
  • Increased demand for the product from the plastics manufacturers is driving the growth of the market

Market Restraints:

  • Shortage in supply of the product increasing the price of the product which restrains the growth of the market
  • Growth in adoption and preference of available substitutes to the product is expected to restrain the market growth

Segmentation: Global Acetonitrile Market 

  • By Type
    • Derivative
    • Solvent
  • By Application
    • Organic Synthesis
    • Specialty Chemicals
    • High-Performance Liquid Chromatography (HPLC) Solvents
    • Pharmaceutical
    • Extraction
    • Deoxyribonucleic Acid (DNA) & Ribonucleic Acid (RNA) Synthesis
    • Others
  • By End-User
    • Pharmaceutical Industry
    • Analytical Industry
    • Agricultural Industry
    • Others

By Geography

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

Key Developments in the Market:

  • In October 2018, Mitsubishi Chemical Corporation announced that they had decided to absorb their subsidiary, “The Nippon Synthetic Chemical Industry Co., Ltd.”. The combined organisation will drive more profitable operations and expand the development of products
  • In August 2017, Robinson Brothers announced the launch of a new website for their company which will provide the visitor with enhanced user experience and provide them with detailed portfolio of the product offerings. The new website will enable the consumers to put in online enquiries for specific products offered by the company

Competitive Analysis: Global Acetonitrile Market 

Global acetonitrile market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acetonitrile market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Acetonitrile Market 

Few of the major competitors currently working in acetonitrile market are Biosolve Chimie; Avantor, Inc.; Asahi Kasei Corporation; Imperial Chemical Corporation; GREENFIELD GLOBAL INC.; INEOS; Connect Chemicals; secco.com.cn; Honeywell International Inc.; Robinson Brothers; Hunan Chem. Europe B.V.; Alfa Aesar, Thermo Fisher Scientific; GFS Chemicals, Inc.; Jilin Provincial Chemicals Import & Export Co.,Ltd.; Standard Reagents Pvt.Ltd; Mitsubishi Chemical Corporation; Zibo Luzhong Chemical Light Industry Co., Ltd.; Formosa Plastics Corp; Nova Molecular Technologies; Tedia Company; TAEKWANG INDUSTRIAL CO.,LTD.; Nantong Acetic Acid Chemical Co., Ltd. and PetroChina Company Limited.

Table of Content:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Product Stewardship Market, By Type

7 Product Stewardship Market, By Organization Size

8 Product Stewardship Market Analysis, By Region

9 Competitive Landscape

10 Company Profiles

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Data Bridge Market Research also provides customized specific regional and country-level reports for the following areas.

  • North America: United States, Canada, and Mexico.
  • South & Central America: Argentina, Chile, and Brazil.
  • Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
  • Europe: UK, France, Italy, Germany, Spain, and Russia.
  • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

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About Data Bridge Market Research 13983 Articles
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