Market Overview:
The United States acetonitrile market size reached 24,017.8 Tons in 2023. Looking forward, IMARC Group expects the market to reach 32,001.1 Tons by 2032, exhibiting a growth rate (CAGR) of 3.14% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
24,017.8 Tons |
Market Forecast in 2032
|
32,001.1 Tons |
Market Growth Rate 2024-2032 |
3.14% |
Acetonitrile is a highly volatile, colorless and flammable liquid, which is also known as methyl cyanide and ethanenitrile. It is a small and simple organic nitrile produced in the form of acrylonitrile and is used as an aprotic solvent in the organic synthesis and purification of butadiene. Acetonitrile has high chemical stability eluting power and is compatible with liquid chromatography-mass spectrometry (LC/MS) solutions. It is also used in perfumes, acrylic nail removers, batteries and to extract fatty acids from animal and vegetable oils. It finds extensive application across various industries, such as pharmaceuticals, automotive and agrochemical.
The United States acetonitrile market is primarily being driven by its widespread utilization in the pharmaceutical industry. Acetonitrile is widely used as a reaction solvent, carbonated drug, cortisone and starting material to synthesize vitamins A and B1. Moreover, various product innovations, such as the launch of aqueous acetonitrile, are providing a thrust to the market growth. Aqueous acetonitrile is commonly used as an extraction solvent to synthesize pesticides. Additionally, the increasing demand for acetonitrile in the automotive industry for producing acrylonitrile butadiene styrene (ABS) plastic with enhanced mechanical strength and chemical resistance is favoring the market growth. Other factors, including the increasing usage of acetonitrile for drug recrystallization, along with significant growth in the chemical industry, are anticipated to create a positive outlook for the market in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the United States acetonitrile market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on end use.
Breakup by End Use:
- Pharmaceuticals
- Analytical Industry
- Agrochemicals
- Extraction Industry
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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 |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
‘000 Tons |
Segment Coverage |
End Use, Region |
Region Covered |
Northeast, Midwest, South, West |
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 United States acetonitrile market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States 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 United States acetonitrile market and who are the key players?
- What is the degree of competition in the industry?