Market Overview:
The global nicotinonitrile market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for nicotinonitrile from various applications such as pharmaceuticals, agrochemicals, feed, dyes, and others. Additionally, factors such as rising population and growing demand for better-quality products are also contributing to the growth of this market. However, volatility in prices of raw materials is restraining the growth of this market.
Product Definition:
Nicotinonitrile is an organic compound with the formula C6H5CH2CN. It is a colorless liquid that is soluble in water and ether. Nicotinonitrile is used as a precursor to nicotinamide, which has numerous applications including being a vitamin supplement.
Powder:
Powder is a dry, free-flowing mixture of nitrile rubber and carbon. It is produced by compressing natural gas in the presence of steam under high pressure. Powder has several industrial applications such as it can be used for manufacturing tires, tubes, hoses & gaskets; molding powders (for example: brake pads); powder coating (for example: automotive parts); and foundry sand among others.
Other:
Other is a chemical compound, which is produced by the nitration of amines. It has a similar structure to that of nicotine, but with lower boiling point and higher vapor pressure.
It's an organic compound that's found in tobacco and some smokeless tobacco products.
Application Insights:
The global nicotinonitrile market is segmented on the basis of application into pharmaceutical, agrochemical, feed, dyes and other applications. The demand for the product in pharma industry is expected to increase due to its use as a raw material in manufacturing medicines. In addition, it finds application as an intermediate chemical which is used in the production of several drugs including aspirin and paracetamol among others.
Agrochemicals are manufactured using nitrile rubber or polymer base coatings that provide enhanced durability under extreme weather conditions such as rainstorms and snowfall coupled with excellent grip properties for better handling of heavy machinery during harvesting operations at farmlands across North America and Europe regions. This factor along with increasing R&D initiatives by major players such as Bayer Crop Science Corporation & Dormant Company LLC among others will drive overall demand over next few years.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor, land availability, and favorable climatic conditions. China is one of the leading producers as well as consumers of nicotinonitrile in this region. The demand from various end-use sectors such as agrochemicals, pharmaceuticals, dyes & pigments has been growing significantly due to increasing population coupled with rising living standards & consumer disposable income levels in emerging economies including India and China.
The product demand from Europe was valued at USD X million in 2016 on account of high consumption coupled with presence of stringent regulations regarding environmental pollution caused during manufacturing process related products especially PNAs which are highly toxic (as per EPA) even at low concentration (ppm).
Growth Factors:
- Increasing demand from end-use industries such as agriculture, medical, and others
- Growing awareness about the benefits of nicotinonitrile among consumers
- Rising R&D expenditure by leading players to develop new applications for nicotinonitrile
- Favorable government policies and regulations pertaining to the use of nicotinonitrile
- Technological advancements in production processes that would lead to lower production costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Nicotinonitrile Market Research Report
By Type
Powder, Other
By Application
Pharmaceutical, Agrochemical, Feed, Dyes, Other
By Companies
Jubilant Life Sciences, Lonza, Shandong Hongda, Nanjing Red Sun, Nantong Acetic Acid Chemical, Hebei Yanuo Bioscience
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Nicotinonitrile Market Report Segments:
The global Nicotinonitrile market is segmented on the basis of:
Types
Powder, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Agrochemical, Feed, Dyes, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jubilant Life Sciences
- Lonza
- Shandong Hongda
- Nanjing Red Sun
- Nantong Acetic Acid Chemical
- Hebei Yanuo Bioscience
Highlights of The Nicotinonitrile Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Other
- By Application:
- Pharmaceutical
- Agrochemical
- Feed
- Dyes
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nicotinonitrile Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nicotinonitrile is a chemical compound with the formula C6H5N3. It is a colorless, flammable liquid that smells like ammonia. Nicotinonitrile is used in industrial and agricultural processes as well as in the manufacture of plastics and other materials.
Some of the major players in the nicotinonitrile market are Jubilant Life Sciences, Lonza, Shandong Hongda, Nanjing Red Sun, Nantong Acetic Acid Chemical, Hebei Yanuo Bioscience.
The nicotinonitrile market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nicotinonitrile Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nicotinonitrile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nicotinonitrile Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nicotinonitrile Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nicotinonitrile Market Size & Forecast, 2020-2028
4.5.1 Nicotinonitrile Market Size and Y-o-Y Growth
4.5.2 Nicotinonitrile Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Agrochemical
6.2.3 Feed
6.2.4 Dyes
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nicotinonitrile Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nicotinonitrile Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Agrochemical
9.10.3 Feed
9.10.4 Dyes
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Agrochemical
10.10.3 Feed
10.10.4 Dyes
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Agrochemical
11.10.3 Feed
11.10.4 Dyes
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Agrochemical
12.10.3 Feed
12.10.4 Dyes
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Agrochemical
13.10.3 Feed
13.10.4 Dyes
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nicotinonitrile Market: Competitive Dashboard
14.2 Global Nicotinonitrile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jubilant Life Sciences
14.3.2 Lonza
14.3.3 Shandong Hongda
14.3.4 Nanjing Red Sun
14.3.5 Nantong Acetic Acid Chemical
14.3.6 Hebei Yanuo Bioscience
