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European Acetonitrile Market Trends, Size, Competitive Analysis and Forecast 202

The European acetonitrile market is projected to grow at a modest CAGR of 3.8% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the various properties possessed by the acetonitrile, low toxicity, polarity, and high boiling point than other solvents and its application in spinning fibers, casting and molding plastic products, manufacturing lithium batteries.

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European Acetonitrile Market Trends, Size, Competitive Analysis and Forecast 202

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  1. Orion Market Research European Acetonitrile Market, Size, Share, Analysis Report & Forecast to 2027 To Request a Sample of our Report on European Acetonitrile Market: https://www.omrglobal.com/request-sample/europe-acetonitrile-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. The European acetonitrile market European acetonitrile market is anticipated to grow at a CAGR of 3.8% during the forecast period (2021-2027). The growing demand for Econitrile owing to its low carbon footprint and reduced effect on the environment is contributing to the growth of the market. The key companies across the region are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For instance, In September 2019, Anqore announced the launch of Econitrile. Econitrile is a brand under which AnQore started producing and supplying certified sustainable acrylonitrile. It has a significantly lower impact on the environment. Econitrile is made from non-fossil feedstocks and is based on ISCC+ certification and mass balance calculation. According to a life cycle assessment study performed by AnQore in cooperation with Maastricht University, Econitrile has a 60% lower carbon footprint when compared with acrylonitrile. (Get 15% Discount on Buying this Report) A full Report of European Acetonitrile Market is Available at: https://www.omrglobal.com/industry- reports/europe-acetonitrile-market Apart from this, it is used to make pharmaceuticals, to manufacture antibiotics as an industrial process solvent and insulin. The growth of pharmaceuticals in the region is driving the market of acetonitrile. According to the European Federation of Pharmaceuticals Industries and Association (EFPIA), in 2016 North America accounted for 41.0% world’s pharmaceuticals as compared to 21.55% for Europe. Additionally, according to the same source the total pharmaceutical industry R & D expenditure of Europe in 2015 was $39.7 billion. Further, the pharmaceuticals exports in Europe in 2015 accounted for $43.4 billion. The UK held the highest share for pharmaceuticals import with $39.6 billion. Further, the expansion and establishment of new battery plants in the region owing to acetonitrile’s application in making batteries due to its high dielectric constant and ability to dissolve electrolytes are contributing to the growth of the market. For instance, in February 2020, Saft and the PSA Group had announced their plans to set up two battery cell plants in Europe. The growth in the battery industry across the region is anticipated to drive the European acetonitrile market. Market Coverage •The market number available for – 2020-2027 •Base year- 2020 •Forecast period- 2021-2027 Segment Covered- •By Type •By Application •By End-User •Competitive Landscape- AnQore BV, Formosa Plastic Corporation, INEOS, Mitsubishi Chemical Corporation, Asahi Kasei Corp., Greenfield Global Inc., and so on. To Request a Sample of our Report on European Acetonitrile Market: https://www.omrglobal.com/request-sample/europe-acetonitrile-market European Acetonitrile Market – Segmentation By Type

  3. •Derivative •Solvent By Application •Organic Synthesis •Specialty Chemicals •HPLC Solvents •Pharmaceutical •Extraction •DNA and RNA Synthesis •Others By End-User Industry •Pharmaceutical Industry •Analytical Industry •Agricultural Industry •Others European Acetonitrile Market Report Segment •UK •Germany •Spain •France •Italy Rest of Europe Company Profiles •Asahi Kasei Corp. •Anqore B.V. •BASF SE •Biosolve Chimie •Formosa Plastic Corp. •Greenfield Global, Inc. •Hunan Chemical B.V. •INEOS Group, Ltd. •Merck KGaA •Mitsubishi Chemical Corp. •Robinson Brothers, Ltd. •Thermo Fisher Scientific, Inc. •VWR International, LLC Reasons for Buying from us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report.

  4. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/europe-acetonitrile-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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