Acetonitrile Market Analysis By Industry Size, And Share, Manufacturers, Demand, Forecast 2025
Global acetonitrile market is expected to grow at a steady CAGR during the forecast period. Rapidly expanding pharmaceutical industry across the globe is one of the major reasons driving the growth of global acetonitrile market in the years to come. Additionally, rising applications of acetonitrile solvent in agrochemicals, pharma formulations, extraction process, among others is positively impacting the growth of market during the forecast period. Furthermore, upsurge in demand as raw material for chemical synthesis is further expected to boost the growth of market over the next few years. The global acetonitrile market is segmented based on type, application, purpose, company, and region. Based on type, the market can be categorized into derivative acetonitrile and solvent acetonitrile. The solvent acetonitrile segment is estimated to grow with a high CAGR in the next 5 years which can be attributed to the fact that it is an excellent polar aprotic solvent,...