North America Acetonitrile Market Segments, Opportunities, Regional Forecast To 2027

 

The North America acetonitrile market was valued at US$

39.17Mn in 2018 and is projected to account to US$

61.37Mn by 2027; it is expected to grow at a CAGR of 5.1% during 2019–2027.

North America Acetonitrile Market Acetonitrile, otherwise called methyl cyanide or ethanenitrile, is a dull, unpredictable, combustible, and lethal solvent. It is the simplest form ofnatural nitrile available and can be blended in with water alongside most other natural solvents. It additionally shows high miscibility with liquor, acetone, and epoxy gum with no obstruction with epoxy polymerization. North America Acetonitrile Market Acetonitrile is dry fluid that is the least complex natural nitrile (hydrogen cyanide is a less complex one, but the cyanide anion isn't categorized under natural compounds). It is obtained as a byproduct of acrylonitrile production process. It is utilized as a polar aprotic solvent in natural amalgamation and butadienerefinement. It is utilized to make pharmaceuticals, aromas, elastic items, pesticides, acrylic nail removers, and batteries. Acetonitrile is also used in the process of removal of unsaturated fats from animal and vegetable oils.

North America Acetonitrile Market The COVID-19 pandemic first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. North America Acetonitrile Market As of March 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms confirmed cases and reported deaths. Surfaces play a significant role in transmitting pathogens; hence, preventing them from getting contaminated is important.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/TIPRE00012088

North America Acetonitrile Market The pandemic has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdowns of chemicals&materials industry and disruptions in supply chains due to lockdown of countries has created a strain on the supplies of the various products offered by this industry. North America Acetonitrile Market The US has the highest number of confirmed cases of COVID-19 infection among all North American countries. This is impacting the consumer goods industry as the shutdowns in the country to contain the infection are affecting the North American supply and distribution chains. In addition, the pandemic would also affect overall manufacturing processes, research, and development activities.

Market Insights

Importance of acetonitrile in industrial and pharmaceutical applications

Acetonitrile is regarded as a core solvent in the chemical industries, particularly in the pharmaceuticals industry, which accounts for ~70 % of the global demand for the same. North America Acetonitrile Market The high demand for acetonitrile is due to its impeccable solvation ability toward a wide range of polar and nonpolar solutes, and physical properties such as low freezing/boiling points, low viscosity, and relatively low toxicity. Currently, the global pharmaceuticals industry reports two primary uses of acetonitrile, i.e., as laboratory solvents, particularly as a mobile phase in liquid chromatography analytical techniques and as an industrial process solvents in the manufacturing of antibiotics. Due to the need for high purity solvents in analytical techniques such as high performance liquid chromatography (HPLC), laboratories tend to use “Analar” grade acetonitrile, while industrial applications favor “technical grade” acetonitrile due to bulk requirements and lower cost. North America Acetonitrile Market In both cases, the solvent is very highly refined in terms of purity, typically >99.9% for Analar and >99.5% for technical grade.

📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/north-america-acetonitrile-market

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

Honeywell International Inc.

Ineos Ag

Mitsubishi Chemical Corporation

Nova Molecular Technologies

Tedia Company, Inc.

North America Acetonitrile Market: An Overview

Acetonitrile, a versatile chemical compound with the molecular formula CH₃CN, is a colorless, volatile liquid that finds applications in a variety of industries. It is widely used as a solvent in the chemical, pharmaceutical, and agricultural sectors due to its ability to dissolve polar and non-polar compounds. North America Acetonitrile Market The North American acetonitrile market has experienced significant growth in recent years, driven by expanding industrial applications and increasing demand from various sectors such as pharmaceuticals, biotechnology, and the chemical industry. North America Acetonitrile Market This market has become an essential segment of the broader chemicals industry, with its impact and demand likely to continue rising in the coming years.

Market Drivers

Several factors drive the growth of the acetonitrile market in North America. Among the key drivers are:

1. Pharmaceutical Industry Demand: One of the most significant contributors to the growth of the acetonitrile market is its critical role in the pharmaceutical industry. Acetonitrile is extensively used as a solvent in the production of drugs and in the synthesis of organic compounds. It plays a crucial role in the preparation of high-purity compounds, particularly in the manufacturing of active pharmaceutical ingredients (APIs), and is used in the production of analytical reagents and intermediates for drug synthesis.
2. Chemical and Biotechnology Sectors: Acetonitrile is an essential solvent in various chemical processes, especially in the production of agrochemicals, plastics, and specialty chemicals. Its role in the biotechnology sector is also significant, particularly in processes like DNA synthesis and in the purification of proteins and nucleic acids. This versatility drives the demand from both large-scale chemical manufacturers and smaller biotechnology firms.
3. Environmental Regulations: The increasing focus on environmental regulations in North America is contributing to a surge in demand for cleaner and more sustainable chemicals. Acetonitrile is often seen as a cleaner alternative to many solvents, which drives its usage in various industries, especially when compared to harmful solvents. Regulatory frameworks like the Clean Air Act and regulations on volatile organic compounds (VOCs) are also helping in promoting the use of solvents like acetonitrile, which offer lower environmental risks.
4. Growth in Analytical Chemistry: Acetonitrile is a popular solvent used in high-performance liquid chromatography (HPLC) and other types of analytical testing. As the pharmaceutical and food industries continue to grow in North America, there is a greater demand for precision and accuracy in analytical testing, driving the need for acetonitrile as a high-quality solvent in laboratory and industrial applications.
5. Increasing Demand from the Automotive Sector: The automotive industry, particularly in North America, is another significant driver of acetonitrile demand. Acetonitrile is used in the production of various automotive components and materials. The growing demand for electric vehicles (EVs) and the continued development of autonomous driving technologies are expected to further boost the need for acetonitrile in the automotive sector.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

You can see this-

North America Menstrual Cups Market- https://www.openpr.com/news/3928669/north-america-menstrual-cups-market-key-players-size-trends

North America Colorectal Cancer Market- https://www.openpr.com/news/3928724/north-america-colorectal-cancer-market-global-trends-share

North America Radiofrequency Ablation Devices Market- https://www.tumblr.com/businessmarketinsight/778611561820471296