Acetonitrile Prices, Analysis and Demand | IMARC Group

The latest report by IMARC Group, titled "Acetonitrile Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Acetonitrile Prices. This report delves into the price of Acetonitrile globally, presenting a detailed analysis and an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes Acetonitrile historical data to offer context and depth to the current pricing landscape. The report also explores the Acetonitrile demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasts, making this report an invaluable resource for industry stakeholders.

 

Acetonitrile Prices by End of Last Quarter: 

• United States: 2290 USD/MT (Pharma Grade)
• Japan: 1410 USD/MT
• South Korea: 1435 USD/MT
• Belgium: 1645 USD/MT (Pharma Grade)

 

Report Offering: 

• Monthly Updates - Annual Subscription
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• Biannually Updates - Annual Subscription

 

The study delves into the factors affecting Acetonitrile price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/acetonitrile-pricing-report/requestsample

  

Key Details About the Acetonitrile Price Trend

The acetonitrile prices are driven by the expanding pharmaceutical industry, which accounts for a substantial portion of acetonitrile demand. The increasing need for high-purity solvents in pharmaceutical production, particularly for HPLC applications, is fueling the demand for acetonitrile. The rise in global pharmaceutical manufacturing, driven by factors such as aging populations, the prevalence of chronic diseases, and the development of new drugs, is significantly contributing to market growth. Moreover, the growing adoption of acetonitrile in biopharmaceuticals, particularly in the synthesis of DNA and RNA-based therapeutics, is further propelling its demand. Another significant trend in the market is the rising use of acetonitrile in the agrochemical industry. As the global population continues to grow, the demand for food production is increasing, leading to a higher need for pesticides and herbicides. Acetonitrile's role as a solvent in the synthesis of these agrochemicals is crucial, and its demand is expected to rise in tandem with the agricultural sector's growth.

 

Factors Influencing Acetonitrile Prices in Different Regions

North America:

The price of acetonitrile in the North American industry showed a predominantly declining trend during Q2 2024, influenced by various drivers and extraneous factors active in the marketplace. Prices were depressed at the beginning of the quarter, because of less demand from key end-use sectors, especially for the pharmaceutical and solvent sectors. United States industrial production contracted in April, canceling out the small gain in March and ending 16 successive months of decline.

Asia-Pacific (APAC):

In the second quarter of 2024, the Asia Pacific industry was in general on the decline due to various reasons contributing to the pessimism in the market. For instance, in April 2024, the trend was downwards due to an imbalance in supply and demand in the global market, which made local businesses have reduced profit margins, further giving room for international buyers to create arbitrage. The surplus inventory levels, particularly in the downstream industries, forced the suppliers to give discounts for bulk purchases to cut their cost of storage and increase demand.

Europe:

Q2 2024 has been turbulent for the European industry due to an interacting effect of the macroeconomic variables along with some industry-specific factors. Increased freight charges, increased cost of natural gas, and geopolitical disturbances have been driving the trading environment. The fall of euro against the United States dollar is adding to the importer's cost, but ample availability and poor demand from the downstream industries have pushed prices down. Importers were quite hesitant throughout this period, and they refused to pay higher prices owing to increasing inflationary pressure and recession in world economies.

 

Regional Price Analysis: 

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

 

About Us: 

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

 

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