Acetonitrile Market Segments and Forecast By End-use Industry 2015-20 FMI | Page 4

Report
Description
Report Description
The global consumption of acetonitrile is anticipated to continue to grow over the
forecast period. The growth rates are expected to be the highest for China and India,
owing to the rising production of generic pharmaceuticals, engineered drugs, and
pesticides in the Asia-Pacific region. Asia-Pacific market is followed by North America and
Europe in terms of demand and consumption.
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Global Acetonitrile Market: Drivers
Strong demands for acetonitrile from end-use Industries like pharmaceutical
manufacturing, biotechnological applications, specialty chemicals, electronics, and HPLC
applications are driving the growth of the global acetonitrile market.
Moreover, growing demand for acrylonitrile products such as acrylic fibers,
polyacrylamide, and acrylic plastics fuels the growth of the global acetonitrile market.
Other potentials sources of supply such as recycling aids the growth of the global
acetonitrile market
Global Acetonitrile Market: Restraints
Ever increasing prices of acetonitrile, as well as the shortage in supply has caused a
hindrance to the growth of the global acetonitrile market.
Alternatives such as solvents used in the pharmaceutical and analytical industries also
possess a threat to the growth of the global acetonitrile market. Acetonitrile can be