Eliana Grace Global Acetonitrile Market and Forecast 2021-2026
Acetonitrile Market size was valued at USD 209.1 Million in 2016 and projected to reach USD 277.1 Million by 2022, at a CAGR of 4.8% during the forecast period. Among applications, the pharmaceutical segment is expected to lead the acetonitrile market during the forecast period, in terms of value. Based on type, the derivative segment of the acetonitrile market is projected to grow at the highest CAGR between 2017 to 2022, in terms of value. The Asia Pacific region is the largest consumer of acetonitrile across the globe. In terms of value, the Asia Pacific acetonitrile market is projected to grow at the highest CAGR during the forecast period. Increasing use of acetonitrile in pharmaceutical and analytical industry applications is driving the growth of the acetonitrile market across the globe.