According to IMARC Group’s latest report, titled “Japan Acetonitrile Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is expected to exhibit XX growth during 2021-2026. Acetonitrile, also known as ethanenitrile or methyl cyanide, refers to a volatile, flammable, and colorless liquid. It is widely available in various solvents and derivatives and is utilized in acrylic nail removers, batteries, and perfumes. Acetonitrile is used as a medium-polarity and aprotic solvent in the refinement and natural synthesis of butadiene. As compared to methanol, acetonitrile reacts endothermically with water and finds several applications across numerous industries, including pharmaceuticals, automotive, agriculture, etc.
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The increasing product adoption in the pharmaceutical industry is primarily driving the acetonitrile market across Japan. Acetonitrile is widely utilized as a starting material to synthesize vitamin A and B1, cortisones, carbonate drugs, amino acids, etc. Furthermore, the construction of new acetonitrile manufacturing plants in the country to provide a continuous product supply to various end-use industries is also propelling the market growth. Besides this, several product innovations, including the launch of aqueous acetonitrile, which is used as an extraction solvent to synthesize pesticides and fertilizers, are further propelling the product demand. Moreover, there is an escalating demand for acetonitrile in the automotive sector for producing acrylonitrile butadiene styrene (ABS) plastic, which has enhanced chemical resistance and mechanical strength. Additionally, the expanding agrochemical industry and the rising product adoption for drug recrystallization will continue to propel the acetonitrile market in Japan over the forecasted period.
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Market Segmentation:
Breakup by End Use:
- Pharmaceuticals
- Analytical Industry
- Agrochemicals
- Extraction Industry
- Others
Breakup by Region:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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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
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