Market Overview:
The GCC acetonitrile market size reached 690.6 Tons in 2024. Looking forward, IMARC Group expects the market to reach 971.9 Tons by 2033, exhibiting a growth rate (CAGR) of 3.75% during 2025-2033.
Report Attribute
|
Key Statistics
|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
690.6 Tons |
Market Forecast in 2033
|
971.9 Tons |
Market Growth Rate 2025-2033 |
3.75% |
Acetonitrile, or methyl cyanide, is a simple organic nitrile with an ether-like odor. It is commonly available in derivative and solvent variants and is used in acrylic nail removers, batteries and perfumes and as a medium-polarity solvent. It is also utilized as an aprotic solvent in the natural synthesis and refinement of butadiene. Acetonitrile is a strong solvent, easily soluble in water and exhibits high chemical stability. In comparison to methanol, it reacts endothermically with water and has a higher elution strength. As a result, it finds extensive applications across various industries, such as pharmaceutical, automotive and agriculture.
The GCC acetonitrile market is primarily being driven by the widespread product adoption in the manufacturing of agrochemicals, such as fertilizers and pesticides. Moreover, the increasing adoption of aqueous acetonitrile as an extraction solvent to synthesize pesticides is providing a thrust to the market growth. Additionally, the widespread product utilization in the pharmaceutical industry is favoring the market growth. Acetonitrile is widely used in the production of antibiotics, insulin and as a reaction solvent. The rising product demand in the automotive industry for producing acrylonitrile butadiene styrene (ABS) plastic with enhanced mechanical strength and chemical resistance is also positively impacting the market growth. Other factors, including significant growth in the chemical processing industry and the increasing utilization of acetonitrile for recrystallization of medical drugs, are anticipated to drive the market toward growth across the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the GCC acetonitrile market report, along with forecasts at the regional and country levels from 2025-2033. Our report has categorized the market based on end use.
Breakup by End Use:
- Pharmaceuticals
- Analytical Industry
- Agrochemicals
- Extraction Industry
- Others
Breakup by Country:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
‘000 Tons |
Segment Coverage |
End Use, Country |
Countries Covered |
Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the GCC acetonitrile market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the GCC acetonitrile market?
- What are the key regional markets?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the GCC acetonitrile market and who are the key players?
- What is the degree of competition in the industry?