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Indian Acetonitrile Market Trends, Size, Competitive Analysis and Forecast 2021-

The Indian acetonitrile market is predicted to grow considerably at a CAGR of 5.2% during the forecast period (2021-2027). Acetonitrile is the simplest of organic nitriles with the chemical formula CH3CN. It is also known as cyano-methane, methyl cyanide, ethyl nitrile, methane carbonitrile, etc.

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Indian Acetonitrile Market Trends, Size, Competitive Analysis and Forecast 2021-

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

  2. The Indian acetonitrile market Indian acetonitrile market is anticipated to grow at a CAGR of 5.2% during the forecast period (2021-2027). Acetonitrile is produced mainly as a by product from the manufacture of acrylonitrile. It is mainly used as a polar aprotic solvent in the purification of butadiene. In the laboratory, it is used as a medium-polarity solvent that is miscible with water and has a convenient liquid range. The considerable researches in the field of chemicals to find out the use of acetonitrile as solvent are the key factor driving the growth of the Indian acetonitrile market. In India, acetonitrile is produced by Reliance industries as a coproduct of the production of acrylonitrile. Additionally, India's demand for acetonitrile is met by imports. The present import of acetonitrile is around 75,000 tonnes per annum. (Get 15% Discount on Buying this Report) A full Report of Indian Acetonitrile Market is Available at: https://www.omrglobal.com/industry- reports/india-acetonitrile-market Rising generic pharmaceutical manufacturing activities in the region and high consumption of agrochemicals and pesticides are anticipated to drive the market as acetonitrile is widely utilized for agrochemical synthesis. India is the third-largest consumer of polymers, fourth-largest producer of agrochemicals, and sixth largest producer of chemicals. According to the Indian Brand Equity Foundation, India is the largest producer of pulses, rice, wheat, spices, and spice products. In October 2020, the production of key chemicals was 880,569 MT and petrochemicals were 1,808,997 MT. Further, government initiatives and plans such as the National Food Security Mission (NFSM) that aim to increase production of wheat, pulses, and coarse cereal should propel agrichemical demand, thus driving acetonitrile regional market growth. In July 2019, Balaji Amines Limited started its production of acetonitrile plants which have a total capacity of 9,000 tons per year. The new capacity was established to meet the growing demand from domestic pharmaceuticals and agrochemicals industries. Moreover, in January 2020, Ultramarine & pigments successfully commissioned the Sulphonation plant setup in Nellore, Andhra Pradesh, to manufacture surfactants and specialty chemicals. Further, in November 2020, Indian companies witnessed interest from strategic investors led by Japan, Korea, and Thailand, as they seek to diversify supply chains from China. This includes large deals in FY 2020—KKR’s $414 million acquisition of JB Chemicals and Pharmaceuticals Ltd. and Carlyle’s $210 million acquisition of SeQuent Scientific Ltd. A 2034 vision for the chemicals and petrochemicals sector has been set up by the government to explore opportunities to improve domestic production, reduce imports and attract investments in the sector. The government plans to implement a production-link incentive system with 10-20% output incentives for the agrochemical sector to create an end-to-end manufacturing ecosystem through the growth of clusters. Thus, such kind of development and government initiatives across the country is anticipated to drive the Indian acetonitrile market. To Request a Sample of our Market: https://www.omrglobal.com/request-sample/india-acetonitrile-market Report on Indian Acetonitrile Market Coverage •The market number available for – 2020-2027 •Base year- 2020 •Forecast period- 2021-2027 Segment Covered-

  3. •By Type •By Application •By End-User •Competitive Landscape- Vizag Chemicals, Balaji Amines Ltd., Standard Reagents, Delux Metal Processing Chemicals Pvt Ltd, and so on Indian Acetonitrile Market – Segmentation By Type •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 Company Profiles •Acquire Chemicals •Asahi Kasei Corp. •Balaji Amines, Ltd. •Choice Organochem LLP •Deluxe Metal Processing Chemicals Pvt. Ltd. •Honeywell International, Inc. •IBIS Chemie International •INEOS Group, Ltd. •Mitsubishi Chemical Corp. •Ottokemi, Pvt. Ltd. •Paari Chem Resources •QAULIKEMS Fine Chem Pvt. Ltd. •Shilpa Chemspec International Pvt. Ltd. •Standard Reagents Pvt. Ltd. •Vizag Chemical 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. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/india-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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