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Date Submitted: 11/23/2016 05:35 AM
Acetonitrile, also known as methyl cyanide or cyanomethane is a colorless chemical compound in liquid form having chemical formula CH3CN. Acetonitrile is the most basic and simple organic nitrile. Acetonitrile is produced primarily as an acrylonitrile manufacture byproduct. It is utilized as a polar aprotic solvent in organic synthesis and for the purpose of butadiene purification. Acetonitrile finds major application in the pharmaceutical industry for synthesizing new medicaments, pesticides, vitamin B1, and other products.
Global Acetonitrile Market: Segmentation
Global Acetonitrile market is segmented on the basis of end-use industry, application, and region. On the basis of end-use industry, the global acetonitrile market can be segmented into pharmaceutical industry, analytical industry, and others etc.
On the basis of application, the global acetonitrile market is segmented as: Pharmaceutical applications, organic synthesis, specialty chemicals, extraction, HPLC solvents, and DNA and RNA synthesis etc.
On the basis of regions, the global dimethyl terephthalate market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific (APEJ), Japan, and MEA.
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Global Acetonitrile Market: Region-wise Outlook
The global acetonitrile market is expected to witness a considerable growth in CAGR between 2015 and 2025. The global consumption of acetonitrile is anticipated to continue to grow over the forecast period. The growth rates are expected to be the highest for China and India, owing to the rising production of generic pharmaceuticals, engineered drugs, and pesticides in the Asia-Pacific region. Asia-Pacific market is followed by North America and Europe in terms of demand and consumption.
Global Acetonitrile Market: Drivers
Strong demands for acetonitrile from end-use Industries like pharmaceutical manufacturing,...