The global Isobutyronitrile market was valued at US$ 20 million in 2019 and it is expected to reach US$ 23 million by the end of 2026, growing at a CAGR of 3.2% during 2021-2026.
Isobutyronitrile is a complex organic molecule that has been recently found in several meteorites arrived from space. The singularity of this chemical is due to the fact that it is the only one among the molecules arriving from the universe that has a branched, rather than straight, carbon backbone which is larger than usual, in comparison with others.
In 2019, the global Isobutyronitrile market is led by China. USA is the second-largest region-wise market.
Isobutyronitrile is a niche refined product, and there are mainly five players around the world participating in this market. Wenzhou Lucheng Dongou Dyeing Intermediate, Rudong Tongyuan Chemicals, Eastman, Anhui Chizhou Sincerity Chemicals and AlzChem are major players in the global market. In 2019, Wenzhou Lucheng Dongou Dyeing Intermediate accounted for about 30% of the market share.
More than 95% of isobutyronitrile is used to make pesticides, and isobutyronitrile is used to produce diazinon.
Global Isobutyronitrile Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Isobutyronitrile Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Wenzhou Lucheng Dongou Dyeing Intermediate, Rudong Tongyuan Chemicals, Eastman, Anhui Chizhou Sincerity Chemicals, AlzChem and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-isobutyronitrile-market-research-report
Segment by Type
- 98% Purity
- 99% Purity
Segment by Application
- Pharmaceutical Industry
Table of Content:
1 Isobutyronitrile Market Overview
2 Isobutyronitrile Market Competition by Manufacturers
3 Isobutyronitrile Retrospective Market Scenario by Region
4 Global Isobutyronitrile Historic Market Analysis by Type
5 Global Isobutyronitrile Historic Market Analysis by Application
6 Key Companies Profiled
7 Isobutyronitrile Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Isobutyronitrile Market Dynamics
10 Global Isobutyronitrile Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.