Propionitrile Market

Propionitrile Market - Size, Share, Outlook, and
Opportunity Analysis, 2015 – 2026
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.
Request For Sample Copy of this Research Report :
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.
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.
For More Information:​ ​ ​
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting
services, and competitive analysis through various recommendations related to
emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Tel: +1-206-701-6702
Email​: [email protected]

The research report on Propionitrile Market is segmented by Application, by End-use Industry and by Region - Size, Share, Outlook, and Opportunity Analysis, 2015 – 2026