According to IMARC Group’s latest report, titled “Europe Acetonitrile Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Europe acetonitrile market is expected to exhibit XX growth during 2021-2026. Acetonitrile, or methyl cyanide and ethanenitrile, represents a combustible and lethal solvent. It is utilized in the natural synthesis and refinement of butadiene as a polar aprotic solvent. Acetonitrile is generally available in derivative and solvent variants and is widely used to extract fatty acids from animal and vegetable oils. It is also utilized to manufacture batteries, pesticides, aromas, nail removers, elastic products, etc. It has high eluting power and chemical stability and finds extensive applications across various industries, such as automotive, agrochemicals, chemical processing, pharmaceuticals, etc.
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The expanding chemical processing sector is one of the primary factors driving the Europe acetonitrile market. Moreover, the increasing utilization of ethanenitrile as a solvent in the production of plastics and perfumes is further augmenting the regional market. Besides this, the escalating product adoption in agrochemical manufacturing facilities is also catalyzing the market growth. Additionally, the elevating requirement of acetonitrile for synthesizing artificial pesticides and fertilizers is acting as another growth-inducing factor. Apart from this, methyl cyanide is also gaining traction in the pharmaceutical industry as an extraction solvent and starting material to synthesize cortisone, carbonate drugs, antibiotics, amino acids, etc., thereby bolstering the market growth. Furthermore, the growing product utilization in laboratories for deoxyribonucleic acid (DNA) synthesis and peptide sequencing is anticipated to stimulate the Europe acetonitrile market over the forecasted period. Looking forward, IMARC Group expects the global market to continue its robust growth during the forecast period (2021-2026).
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Breakup by End Use:
- Analytical Industry
- Extraction Industry
Breakup by Country:
- United Kingdom
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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