Global Acetonitrile Market Price Trends, Size, Share, Report And Forecast 2017-2022

Report Description and Highlights
Report Description
Growth of Acetonitrile Market Boosted by Demand in Pharmaceutical Industry
The global acetonitrile industry has seen a positive growth over the past several years owing to its
extensive applications in the pharmaceuticals industry. As a result, the industry is further expected
to grow at a CAGR of 4% during 2017-2022.
IMARC Group’s new report, titled Acetonitrile Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2017-2022, finds that the global acetonitrile market reached a volume of nearly 103
Thousand Tonnes in 2016, growing at a CAGR of around 5% during 2009-2016. Acetonitrile, also known as
Methyl Cyanide, Cyanomethane and Ethanenitrile, is a clear, colourless liquid with a sweet odour. It represents
an important solvent for the pharmaceutical and biopharmaceutical sector, where it plays a significant role in
recrystallization and quality control. According to the report, the acetonitrile market is expected to reach a
volume of more than 130 Thousand Tonnes by 2022, exhibiting a CAGR of 4% during 2017-2022.
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Highlights of the global acetonitrile market:
• The demand for acetonitrile is directly related to the demand for ABS resins.
• Pharmaceutical industry represents the largest end-use segment of acetonitrile.
• Asia represents the largest producer of acetonitrile globally.