The Europe Acetonitrile Market would witness market growth of 5.6% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 389.4 hundred Tonnes, showcasing a growth of 14.4% (2020-2023).
Acetonitrile is commonly utilized as a solvent, carrier, and reaction medium in the formulation of pesticides, herbicides, fungicides, and other agrochemical products. Its high solvency power allows for the dissolution of active ingredients and additives, ensuring uniform distribution and effectiveness of agricultural formulations. Therefore, the UK market used 18.36 hundred Tonnes of Acetonitrile in the agrochemical industry in 2023.
The Germany market dominated the Europe Acetonitrile Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $34,485.1 Thousands by 2031. The UK market is exhibiting a CAGR of 4.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 6.3% during (2024 - 2031).
The acetonitrile market stands at the crossroads of burgeoning demand and evolving dynamics, propelled by diverse applications, technological advancements, and shifting consumer preferences. Acetonitrile, a colorless liquid with a distinctive odor, has established itself as a versatile chemical compound with various industrial applications spanning pharmaceuticals, agrochemicals, electronics, and beyond. As industries seek innovative solutions to meet the demands of a rapidly changing industry, the acetonitrile market emerges as a pivotal player, driving growth, innovation, and sustainability across sectors.
Moreover, the adoption of acetonitrile as a key chemical compound has witnessed a steady rise in recent years, propelled by its unique properties and versatile applications. Acetonitrile, also known as methyl cyanide, boasts excellent solvating properties, high chemical stability, and a relatively low boiling point, making it an indispensable solvent and reagent in various industrial processes. Industries ranging from pharmaceuticals and agrochemicals to electronics and specialty chemicals have embraced acetonitrile for its efficacy, reliability, and compatibility with various chemical reactions.
Acetonitrile is widely used as a solvent and extraction medium in analytical methods for pesticide residue analysis and monitoring in agricultural products, soil, water, and environmental samples. Regulatory agencies in the EU, such as the European Food Safety Authority (EFSA) and national authorities, impose strict regulations and maximum residue limits (MRLs) for pesticides in food and feed to ensure consumer safety and protect public health. Thus, the growing agrochemicals sector in Europe will assist in the growth of the regional acetonitrile market.
Free Valuable Insights: The Global Acetonitrile Market will Hit USD 664.8 Million by 2031, at a CAGR of 6.1%
Based on Type, the market is segmented into Solvent, and Derivative. Based on Application, the market is segmented into Analytical Applications, Organic Synthesis, Extraction, and Others. Based on End-user, the market is segmented into Pharmaceutical, Analytical Industry, Agrochemical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Honeywell International, Inc
- Thermo Fisher Scientific, Inc.
- INEOS Group Holdings S.A
- Asahi Kasei Corporation
- PetroChina Company Limited (China National Petroleum Corporation)
- Formosa Plastics Group
- Avantor, Inc.
- Nantong Acetic Acid Chemical Co., Ltd.
- Neuchem Inc.
- Nova Molecular Technologies, Inc.
Europe Acetonitrile Market Report Segmentation
By Type (Volume, Hundred Tonnes, USD Million, 2020-2031)
By Application (Volume, Hundred Tonnes, USD Million, 2020-2031)
- Analytical Applications
- Organic Synthesis
- Extraction
- Others
By End-user (Volume, Hundred Tonnes, USD Million, 2020-2031)
- Pharmaceutical
- Analytical Industry
- Agrochemical
- Others
By Country (Volume, Hundred Tonnes, USD Million, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 2 Europe Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 3 Europe Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 4 Europe Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 5 Europe Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 6 Europe Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 7 Europe Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 8 Europe Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 9 Europe Solvent Market by Country, 2020 - 2023, USD Thousands
TABLE 10 Europe Solvent Market by Country, 2024 - 2031, USD Thousands
TABLE 11 Europe Solvent Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 12 Europe Solvent Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 13 Europe Derivative Market by Country, 2020 - 2023, USD Thousands
TABLE 14 Europe Derivative Market by Country, 2024 - 2031, USD Thousands
TABLE 15 Europe Derivative Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 16 Europe Derivative Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 17 Europe Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 18 Europe Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 19 Europe Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 20 Europe Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 21 Europe Analytical Applications Market by Country, 2020 - 2023, USD Thousands
TABLE 22 Europe Analytical Applications Market by Country, 2024 - 2031, USD Thousands
TABLE 23 Europe Analytical Applications Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 24 Europe Analytical Applications Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 25 Europe Organic Synthesis Market by Country, 2020 - 2023, USD Thousands
TABLE 26 Europe Organic Synthesis Market by Country, 2024 - 2031, USD Thousands
TABLE 27 Europe Organic Synthesis Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 28 Europe Organic Synthesis Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 29 Europe Extraction Market by Country, 2020 - 2023, USD Thousands
TABLE 30 Europe Extraction Market by Country, 2024 - 2031, USD Thousands
TABLE 31 Europe Extraction Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 32 Europe Extraction Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 33 Europe Others Market by Country, 2020 - 2023, USD Thousands
TABLE 34 Europe Others Market by Country, 2024 - 2031, USD Thousands
TABLE 35 Europe Others Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 36 Europe Others Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 37 Europe Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 38 Europe Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 39 Europe Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 40 Europe Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 41 Europe Pharmaceutical Market by Country, 2020 - 2023, USD Thousands
TABLE 42 Europe Pharmaceutical Market by Country, 2024 - 2031, USD Thousands
TABLE 43 Europe Pharmaceutical Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 44 Europe Pharmaceutical Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 45 Europe Analytical Industry Market by Country, 2020 - 2023, USD Thousands
TABLE 46 Europe Analytical Industry Market by Country, 2024 - 2031, USD Thousands
TABLE 47 Europe Analytical Industry Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 48 Europe Analytical Industry Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 49 Europe Agrochemical Market by Country, 2020 - 2023, USD Thousands
TABLE 50 Europe Agrochemical Market by Country, 2024 - 2031, USD Thousands
TABLE 51 Europe Agrochemical Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 52 Europe Agrochemical Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 53 Europe Others Market by Country, 2020 - 2023, USD Thousands
TABLE 54 Europe Others Market by Country, 2024 - 2031, USD Thousands
TABLE 55 Europe Others Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 56 Europe Others Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 57 Europe Acetonitrile Market by Country, 2020 - 2023, USD Thousands
TABLE 58 Europe Acetonitrile Market by Country, 2024 - 2031, USD Thousands
TABLE 59 Europe Acetonitrile Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 60 Europe Acetonitrile Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 61 Germany Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 62 Germany Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 63 Germany Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 64 Germany Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 65 Germany Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 66 Germany Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 67 Germany Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 68 Germany Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 69 Germany Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 70 Germany Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 71 Germany Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 72 Germany Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 73 Germany Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 74 Germany Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 75 Germany Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 76 Germany Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 77 UK Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 78 UK Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 79 UK Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 80 UK Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 81 UK Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 82 UK Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 83 UK Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 84 UK Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 85 UK Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 86 UK Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 87 UK Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 88 UK Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 89 UK Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 90 UK Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 91 UK Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 92 UK Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 93 France Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 94 France Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 95 France Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 96 France Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 97 France Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 98 France Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 99 France Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 100 France Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 101 France Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 102 France Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 103 France Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 104 France Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 105 France Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 106 France Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 107 France Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 108 France Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 109 Russia Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 110 Russia Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 111 Russia Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 112 Russia Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 113 Russia Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 114 Russia Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 115 Russia Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 116 Russia Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 117 Russia Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 118 Russia Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 119 Russia Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 120 Russia Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 121 Russia Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 122 Russia Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 123 Russia Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 124 Russia Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 125 Spain Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 126 Spain Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 127 Spain Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 128 Spain Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 129 Spain Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 130 Spain Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 131 Spain Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 132 Spain Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 133 Spain Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 134 Spain Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 135 Spain Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 136 Spain Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 137 Spain Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 138 Spain Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 139 Spain Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 140 Spain Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 141 Italy Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 142 Italy Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 143 Italy Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 144 Italy Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 145 Italy Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 146 Italy Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 147 Italy Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 148 Italy Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 149 Italy Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 150 Italy Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 151 Italy Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 152 Italy Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 153 Italy Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 154 Italy Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 155 Italy Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 156 Italy Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 157 Rest of Europe Acetonitrile Market, 2020 - 2023, USD Thousands
TABLE 158 Rest of Europe Acetonitrile Market, 2024 - 2031, USD Thousands
TABLE 159 Rest of Europe Acetonitrile Market, 2020 - 2023, Hundred Tonnes
TABLE 160 Rest of Europe Acetonitrile Market, 2024 - 2031, Hundred Tonnes
TABLE 161 Rest of Europe Acetonitrile Market by Type, 2020 - 2023, USD Thousands
TABLE 162 Rest of Europe Acetonitrile Market by Type, 2024 - 2031, USD Thousands
TABLE 163 Rest of Europe Acetonitrile Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 164 Rest of Europe Acetonitrile Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 165 Rest of Europe Acetonitrile Market by Application, 2020 - 2023, USD Thousands
TABLE 166 Rest of Europe Acetonitrile Market by Application, 2024 - 2031, USD Thousands
TABLE 167 Rest of Europe Acetonitrile Market by Application, 2020 - 2023, Hundred Tonnes
TABLE 168 Rest of Europe Acetonitrile Market by Application, 2024 - 2031, Hundred Tonnes
TABLE 169 Rest of Europe Acetonitrile Market by End-user, 2020 - 2023, USD Thousands
TABLE 170 Rest of Europe Acetonitrile Market by End-user, 2024 - 2031, USD Thousands
TABLE 171 Rest of Europe Acetonitrile Market by End-user, 2020 - 2023, Hundred Tonnes
TABLE 172 Rest of Europe Acetonitrile Market by End-user, 2024 - 2031, Hundred Tonnes
TABLE 173 Key Information – Honeywell International, Inc.
TABLE 174 Key Information – Thermo Fisher Scientific, Inc.
TABLE 175 Key Information – INEOS Group Holdings S.A.
TABLE 176 Key Information – Asahi Kasei Corporation
TABLE 177 Key Information – PetroChina Company Limited
TABLE 178 Key Information – Formosa Plastics Group
TABLE 179 Key Information – Avantor, Inc.
TABLE 180 Key Information – Nantong Acetic Acid Chemical Co., Ltd.
TABLE 181 Key Information – Neuchem Inc.
TABLE 182 Key Information – Nova Molecular Technologies, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Acetonitrile Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting Acetonitrile Market
FIG 4 Porter’s Five Forces Analysis – Acetonitrile Market
FIG 5 Europe Acetonitrile Market share by Type, 2023
FIG 6 Europe Acetonitrile Market share by Type, 2031
FIG 7 Europe Acetonitrile Market by Type, 2020 - 2031, USD Thousands
FIG 8 Europe Acetonitrile Market share by Application, 2023
FIG 9 Europe Acetonitrile Market share by Application, 2031
FIG 10 Europe Acetonitrile Market by Application, 2020 - 2031, USD Thousands
FIG 11 Europe Acetonitrile Market share by End-user, 2023
FIG 12 Europe Acetonitrile Market share by End-user, 2031
FIG 13 Europe Acetonitrile Market by End-user, 2020 - 2031, USD Thousands
FIG 14 Europe Acetonitrile Market share by Country, 2023
FIG 15 Europe Acetonitrile Market share by Country, 2031
FIG 16 Europe Acetonitrile Market by Country, 2020 - 2031, USD Thousands
FIG 17 Swot analysis: Honeywell international, inc.
FIG 18 SWOT Analysis: Thermo Fisher Scientific, Inc.
FIG 19 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 20 SWOT Analysis: Asahi Kasei Corporation
FIG 21 SWOT Analysis: PetroChina Company Limited
FIG 22 SWOT Analysis: Formosa Plastics Group
FIG 23 Swot Analysis: Avantor, Inc.