Propionitrile Market Size, Share, Outlook, and Opportunity Analysis, 2015 – 2026

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Propionitrile Market - Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2015-2026

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REPORT DESCRIPTION
Propionitrile Market Overview
Propionitrile also called as propanenitrile and
ethyl cyanide is an organic compound with
molecular formula CH3CH2Cn. It is colorless,
highly soluble in water, alcohol, and ethanol. It
is used for production of hardener of epoxy
resin, 2-ethyl-4-methylimidazole, and
sulfafurazole. Propionitrile is used as a solvent
in chemical industry. It is serve as a building
block to make intermediates, which are useful in
agriculture, personal care, and pharmaceutical
industry. Increasing demand for propionitrile
from pharmaceutical industry is driving growth of
the global propionitrile market, owing to its
applications in pharmaceutical industry, as
solvent and intermediate. It is serves as a
building block that is used in the preparation of
the pharmaceutical drug flopropione by the
Houben-Hoesch reaction. For instance, according
to the India Brand Equity Foundation (IBEF), the
pharmaceutical sector in India accounted for 2.4
share of the global pharmaceutical industry in
terms of value in 2017, and is expected to expand
at a CAGR of 12.89 during 2015 to
2020. However, high exposure to propionitrile
can cause vomiting, nausea, headache, confusion,
weakness, dizziness which are the major factors
restraining growth of the global propionitrile
market.
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REPORT DESCRIPTION

• Propionitrile Market Taxonomy
• On the basis of end-use industry the global
  propionitrile market is segmented into
• Pharmaceutical
• Personal Care
• Agriculture
• On the basis of region, the global propionitrile
  market is segmented into
• North America
• U.S.
• Canada
• Europe
• U.K.
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REPORT DESCRIPTION
Propionitrile Market Market Outlook North
America held dominant position in the global
propionitrile market in 2017, owing to growing
pharmaceutical industry in the region, which is
propelling demand for propionitrile.
Propionitrile is used to prepare flopropione,
which is used as spasmolytic agent and serotonin
receptor antagonist that acts as an inhibitor in
pharmaceutical industry. For instance, according
to the International Trade Association (ITA),
total pharmaceutical sales in 2016, was valued at
US 333 billion in the U.S. Key Players Key
players operating in the global propionitrile
market include Ascend Performance Materials, Indo
Amines Limited, Sigma Solvents Pvt. Ltd.,
Keepchem Pharmaceutical Co., Ltd., Parchem fine
specialty chemicals, Eve Li Shanghai Worldyang
Chemical Co., Limited, Toronto Research
Chemicals, Merck KGaA, Zhangjiagang BeiLi
Chemicals Co., Ltd., A. B. Enterprises, Triveni
Interchem P. Ltd., Zhishang Group and eMolecules,
Inc.. To Get PDF of this Report
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