The North America acetonitrile market size reached 28,360.7 Tons in 2023. Looking forward, the publisher expects the market to reach 40,664.0 Tons by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2023-2032.
Acetonitrile, which is also known as methyl cyanide and ethanenitrile, is a colourless, volatile and toxic solvent. It is a highly flammable chemical and being the simplest organic nitrile, is miscible with water and most of the organic solvents. Acetonitrile is utilized in the plastic industry to produce pure acrylonitrile and acrylonitrile butadiene styrene (ABS) plastic. In addition to this, it is used as a propylene oxide and ethanol replacement in tissue processing for transmission electron microscopy (TEM). Also, the aqueous form of acetonitrile is used in the agriculture industry as an extraction solvent.
In North America, the rapid urbanization and rising demand for lightweight vehicles have increased the production of ABS plastic as it provides high tensile and impact strength along with optimal resistance against various chemicals. Moreover, increasing demand for patent medicines and high-complex diseases have led to the rising demand of acetonitrile in the pharmaceutical industry in the region. Regulated concerns in the healthcare sector is expected to increase the demand of acetonitrile in the forthcoming years.
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by End-Use
Pharmaceuticals
Analytical Industry
Agrochemicals
Extraction Industry
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
What are the key regions in the North America acetonitrile market?
What has been the impact of COVID-19 on the North America acetonitrile market?
What is the breakup of the North America acetonitrile market on the basis of end-use?
What are the various stages in the value chain of the North America acetonitrile industry?
What are the key driving factors and challenges in the North America acetonitrile industry?
What is the structure of the North America acetonitrile industry and who are the key players?
What is the degree of competition in the North America acetonitrile industry?
What are the profit margins in the North America acetonitrile industry?
Acetonitrile, which is also known as methyl cyanide and ethanenitrile, is a colourless, volatile and toxic solvent. It is a highly flammable chemical and being the simplest organic nitrile, is miscible with water and most of the organic solvents. Acetonitrile is utilized in the plastic industry to produce pure acrylonitrile and acrylonitrile butadiene styrene (ABS) plastic. In addition to this, it is used as a propylene oxide and ethanol replacement in tissue processing for transmission electron microscopy (TEM). Also, the aqueous form of acetonitrile is used in the agriculture industry as an extraction solvent.
In North America, the rapid urbanization and rising demand for lightweight vehicles have increased the production of ABS plastic as it provides high tensile and impact strength along with optimal resistance against various chemicals. Moreover, increasing demand for patent medicines and high-complex diseases have led to the rising demand of acetonitrile in the pharmaceutical industry in the region. Regulated concerns in the healthcare sector is expected to increase the demand of acetonitrile in the forthcoming years.
Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the North America acetonitrile market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on end-use.Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by End-Use
Pharmaceuticals
Analytical Industry
Agrochemicals
Extraction Industry
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America acetonitrile market performed so far and how will it perform in the coming years?What are the key regions in the North America acetonitrile market?
What has been the impact of COVID-19 on the North America acetonitrile market?
What is the breakup of the North America acetonitrile market on the basis of end-use?
What are the various stages in the value chain of the North America acetonitrile industry?
What are the key driving factors and challenges in the North America acetonitrile industry?
What is the structure of the North America acetonitrile industry and who are the key players?
What is the degree of competition in the North America acetonitrile industry?
What are the profit margins in the North America acetonitrile industry?
Table of Contents
1 Preface3 Executive Summary12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Acetonitrile Market
6 North America Acetonitrile Market
7 North America Acetonitrile Market: Breakup by End-Use
8 North America Acetonitrile Market: Breakup by Country
9 SWOT Analysis
10 Value Chain Analysis
11 Porter’s Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 125 |
| Published | July 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value in 2023 | 28360.7 Tons |
| Forecasted Market Value by 2032 | 40664 Tons |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | North America |
