Market Overview:
The global phenylacetonitrile 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 phenylacetonitrile in various applications, such as chemistry experiment and others. North America is expected to dominate the global phenylacetonitrile market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A colorless liquid with a pungent, sweet odor. It is used as a precursor to certain chemicals including caprolactam and nylon 6,6.
Purum:
Purum is a by-product of the phenol manufacturing process and is usually an impure form of propylbenzene. It has been used as a raw material for the production of antiseptics, disinfectants, and preservatives. Purum has also found its use in pharmaceuticals to treat diseases such as malaria and leprosy. The most common application of purum is in the production of phenylacetonitrile (PAN).
Others:
Others is a chemical compound, which consists of carbon and hydrogen. The Others market is segmented on the basis of application such as polymers, adhesives & sealants, coatings & paints. Other products include nylon 66, rubber powder (natural and synthetic), rayon spinnerets for silkworms etc.
The phenylacetonitrile market size was valued at USD 817 million in 2015.
Application Insights:
The application segment includes both general and specialized uses. The general applications include the use of phenylacetonitrile as a chemical intermediate in the production of other chemicals, pharmaceuticals, dyes and pigments, adhesives & sealants, coatings & inks among others. Specialized applications include its use as an additive for manufacturing polyurethane foams used in mattresses among others.
Pharmaceuticals were the major application segment accounting for over 30% market share by volume in 2017 on account of its wide range of properties including low boiling point (logP) 3.5; high acid dissociation constant (pKa) 12; good solubility (1 g/L at 25°C); low toxicity and biodegradability along with few other characteristics that make it suitable for various end-use industries such as cosmetics or personal care products or food additives which are expected to drive demand over the forecast period.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 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 costs, which are also one of the key drivers for increasing exports from China. In addition, growing demand from end-use industries such as polymers and plastics will propel Phenylacetonitrile (PAN) consumption in Asia Pacific over the forecast period.
North America emerged as a significant consumer due to high demand from U.S., which accounted for more than 80% of total North American consumption in 2017 on account of rising chemical research activities coupled with easy access to advanced technology required for manufacturing PAN products like purum variety or other modified derivatives that meet industrial needs better than their unmodified counterparts.
Europe is anticipated to witness steady growth rate on account of rising product demand form various application sectors including electronics, automotive, construction & housing etc.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and flavors and fragrances.
- Growing demand for phenylacetonitrile in emerging countries such as China and India due to the growth of their respective economies.
- Technological advancements in the production of phenylacetonitrile that have resulted in lower production costs and increased product quality.
- Rising prices of petrochemical feedstocks used in the manufacturing of phenylacetonitrile, which has led to an increase in its price competitiveness compared to other products derived from petrochemicals feedstocks
Scope Of The Report
Report Attributes
Report Details
Report Title
Phenylacetonitrile Market Research Report
By Type
Purum, Others
By Application
Chemistry Experiment, Others
By Companies
Vitas-M Laboratory, Sigma-Aldrich, LGC Standards, MP Biomedicals, Angene Chemical, TimTec, TCI (Tokyo Chemical Industry), Finetech Industry Limited, Abcr GmbH, Vitas-M Laboratory
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Phenylacetonitrile Market Report Segments:
The global Phenylacetonitrile market is segmented on the basis of:
Types
Purum, Others
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
Chemistry Experiment, Others
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:
- Vitas-M Laboratory
- Sigma-Aldrich
- LGC Standards
- MP Biomedicals
- Angene Chemical
- TimTec
- TCI (Tokyo Chemical Industry)
- Finetech Industry Limited
- Abcr GmbH
- Vitas-M Laboratory
Highlights of The Phenylacetonitrile 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:
- Purum
- Others
- By Application:
- Chemistry Experiment
- Others
- 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 Phenylacetonitrile 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?
Phenylacetonitrile is a colorless, flammable liquid with a sweet odor. It is used in chemical synthesis and as a precursor to other chemicals.
Some of the major companies in the phenylacetonitrile market are Vitas-M Laboratory, Sigma-Aldrich, LGC Standards, MP Biomedicals, Angene Chemical, TimTec, TCI (Tokyo Chemical Industry), Finetech Industry Limited, Abcr GmbH, Vitas-M Laboratory.
The phenylacetonitrile 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 Phenylacetonitrile 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 Phenylacetonitrile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phenylacetonitrile 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 Phenylacetonitrile 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 Phenylacetonitrile Market Size & Forecast, 2018-2028
4.5.1 Phenylacetonitrile Market Size and Y-o-Y Growth
4.5.2 Phenylacetonitrile Market Absolute $ Opportunity
Chapter 5 Global Phenylacetonitrile 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 Phenylacetonitrile Market Size Forecast by Type
5.2.1 Purum
5.2.2 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phenylacetonitrile 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 Phenylacetonitrile Market Size Forecast by Applications
6.2.1 Chemistry Experiment
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phenylacetonitrile 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 Phenylacetonitrile 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 Phenylacetonitrile Analysis and Forecast
9.1 Introduction
9.2 North America Phenylacetonitrile 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 Phenylacetonitrile Market Size Forecast by Type
9.6.1 Purum
9.6.2 Others
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 Phenylacetonitrile Market Size Forecast by Applications
9.10.1 Chemistry Experiment
9.10.2 Others
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 Phenylacetonitrile Analysis and Forecast
10.1 Introduction
10.2 Europe Phenylacetonitrile 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 Phenylacetonitrile Market Size Forecast by Type
10.6.1 Purum
10.6.2 Others
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 Phenylacetonitrile Market Size Forecast by Applications
10.10.1 Chemistry Experiment
10.10.2 Others
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 Phenylacetonitrile Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phenylacetonitrile 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 Phenylacetonitrile Market Size Forecast by Type
11.6.1 Purum
11.6.2 Others
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 Phenylacetonitrile Market Size Forecast by Applications
11.10.1 Chemistry Experiment
11.10.2 Others
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 Phenylacetonitrile Analysis and Forecast
12.1 Introduction
12.2 Latin America Phenylacetonitrile 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 Phenylacetonitrile Market Size Forecast by Type
12.6.1 Purum
12.6.2 Others
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 Phenylacetonitrile Market Size Forecast by Applications
12.10.1 Chemistry Experiment
12.10.2 Others
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) Phenylacetonitrile Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phenylacetonitrile 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) Phenylacetonitrile Market Size Forecast by Type
13.6.1 Purum
13.6.2 Others
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) Phenylacetonitrile Market Size Forecast by Applications
13.10.1 Chemistry Experiment
13.10.2 Others
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 Phenylacetonitrile Market: Competitive Dashboard
14.2 Global Phenylacetonitrile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vitas-M Laboratory
14.3.2 Sigma-Aldrich
14.3.3 LGC Standards
14.3.4 MP Biomedicals
14.3.5 Angene Chemical
14.3.6 TimTec
14.3.7 TCI (Tokyo Chemical Industry)
14.3.8 Finetech Industry Limited
14.3.9 Abcr GmbH
14.3.10 Vitas-M Laboratory
