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

Report Description and Highlights
Report Description
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Acetonitrile is used in batteries, owing to its high dielectric constant. It is also used as a solvent in purification of
butadiene in refineries and the manufacture of DNA oligonucleotides from its monomers. Moreover, it is a
popular solvent for high performance liquid chromatography(HPLC) due to its ultraviolet transparency, low
viscosity and low chemical reactivity. It is also used as a building block during the organic synthesis of a number
of chemical compounds, including acetamidine hydrochloride, a-naphthaleneacetic acid and thiamine. Despite
its extensive applications, the demand for acetonitrile is primarily driven by the demand for acrylonitrile. Since,
the largest segment employing acrylonitrile is ABS resins, the demand for ABS (Acrylonitrile butadiene styrene)
resins effects the demand for acetonitrile.
On the basis of end-use, the pharmaceutical industry is the largest segment employing acetonitrile, accounting
for the majority of the total global share. On the basis of region, Asia represents the largest producer and
accounts for about half of the global production. Other major regions include North America and Europe. Key
players operating in this industry include Asahi Kesai, PetroChina, Formosa, Secco and Sinopec.
The report by IMARC Group has examined the global acetonitrile market on the basis of:
End-Use:
• Pharmaceuticals
• Others