AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Acetonitrile market - Global outlook to 2025". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Acetonitrile market to grow at a CAGR of 4.6%.
The Distribution Channel, such as Online, is boosting the Acetonitrile market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Acetonitrile market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increase in Demand for Acetonitrile Products and High Demand Due Extensively Use As A Mobile Phase in HPLC. †
Acetonitrile is also called as methyl cyanide or cyanomethane. It is colorless chemical compound in liquid form, which is got as a by-product in the manufacture of acrylonitrile. It is the most basic as well as simple organic nitrile of chemical formula CH3CN. It is extensively used in the pharmaceutical industry to synthesize innovative medicaments, vitamin B1, pesticides and other products. This chemical is used as a polar aprotic solvent in organic synthesis as well as for the purpose of butadiene distillation. . It has been used in preparations for nail polish remover, despite its poisonousness.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Acetonitrile market by Type (Derivative and Solvent), by Application (Organic Synthesis, Specialty Chemicals, Extraction, HPLC Solvents and DNA And RNA Synthesis) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market