The Global Liquid Acetonitrile Market was valued at USD 246.8 Million in 2024 and is projected to reach USD 342.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This robust growth is fueled by expanding pharmaceutical manufacturing, rising demand for high-purity solvents in HPLC applications, and the accelerating adoption of acetonitrile in battery electrolyte formulations and agrochemical production.
As industries worldwide push for higher purity standards and efficient chemical processes, the focus turns to the key producers and suppliers driving innovation, quality assurance, and supply chain resilience. In this blog, we profile the Top 10 Companies in the Liquid Acetonitrile Industry—a combination of global petrochemical giants, specialized chemical manufacturers, and regional market leaders shaping the future of this critical solvent market.
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Liquid Acetonitrile Market – View in Detailed Research Report
🔟 1. INEOS Group
Headquarters: London, United Kingdom
Key Offering: High-Purity Acetonitrile (HPLC Grade, 99.9%+)
INEOS Group is a leading global producer of acetonitrile, primarily derived as a co-product from its acrylonitrile manufacturing processes. The company operates one of the largest acrylonitrile production capacities worldwide, ensuring a steady and significant supply of high-quality liquid acetonitrile to the global market.
Strategic Initiatives:
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Integration with large-scale acrylonitrile production for supply stability
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Investment in purification technologies to meet stringent HPLC grade specifications
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Global distribution network serving pharmaceutical and specialty chemical customers
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Liquid Acetonitrile Market – View in Detailed Research Report
9️⃣ 2. Asahi Kasei Chemicals
Headquarters: Tokyo, Japan
Key Offering: Acetonitrile (Electronic Grade, HPLC Grade)
Asahi Kasei is a major Japanese chemical company with a strong presence in the acetonitrile market. The company leverages its advanced chemical synthesis and purification capabilities to produce high-purity acetonitrile for demanding applications in pharmaceuticals, electronics, and analytical chemistry.
Strategic Initiatives:
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Focus on ultra-high purity grades for semiconductor and electronics manufacturing
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Strategic partnerships with pharmaceutical companies in Asia and North America
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Continuous process optimization to enhance product quality and yield
8️⃣ 3. AnQore
Headquarters: Geleen, Netherlands
Key Offering: Acetonitrile (Technical and HPLC Grades)
AnQore, a subsidiary of CVC Capital Partners, is a leading European producer of acrylonitrile and its co-product, acetonitrile. The company’s state-of-the-art production facility in the Netherlands serves as a key supply hub for the European market, with a strong focus on product quality and reliability.
Strategic Initiatives:
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Dedicated acetonitrile purification unit for pharmaceutical-grade products
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Sustainability focus with investments in energy-efficient production processes
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Expansion of distribution capabilities across European Union markets
7️⃣ 4. CNPC Jilin Petrochemical Company
Headquarters: Jilin City, China
Key Offering: Acetonitrile (Industrial and Purified Grades)
As part of China National Petroleum Corporation (CNPC), Jilin Petrochemical is a major producer of acetonitrile in the Asia-Pacific region. The company’s integrated petrochemical complex enables cost-effective production and distribution across China’s growing pharmaceutical and chemical sectors.
Strategic Initiatives:
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Vertical integration with upstream petrochemical operations
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Capacity expansions to meet growing domestic and regional demand
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Quality improvement initiatives to compete in international markets
6️⃣ 5. SINOPEC Group (Anqing and Qilu Petrochemical)
Headquarters: Beijing, China
Key Offering: Acetonitrile (Various Purity Grades)
Sinopec, through its subsidiaries Anqing Petrochemical and Qilu Petrochemical, is a significant player in the global acetonitrile market. The company’s massive petrochemical infrastructure provides substantial production capacity, serving both domestic Chinese demand and export markets.
Strategic Initiatives:
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Large-scale production capabilities from multiple manufacturing sites
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Development of specialty grades for pharmaceutical applications
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Export-oriented strategy targeting Southeast Asian and Middle Eastern markets
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Liquid Acetonitrile Market – View in Detailed Research Report
5️⃣ 6. Shanghai SECCO Petrochemical Company Limited
Headquarters: Shanghai, China
Key Offering: Acetonitrile (Standard and High-Purity Grades)
Shanghai SECCO, a joint venture between Sinopec and BP, operates one of China’s most advanced ethylene cracker complexes. The company produces acetonitrile as a co-product, with a focus on serving the robust chemical and pharmaceutical markets in the Yangtze River Delta region.
Strategic Initiatives:
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Advanced purification technology for consistent product quality
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Strategic location advantage for serving Eastern China industrial hubs
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Strong technical support services for customer applications
4️⃣ 7. Shandong Shida Shenghua Chemical Group
Headquarters: Shandong Province, China
Key Offering: Acetonitrile (Industrial and Reagent Grades)
Shandong Shida Shenghua Chemical Group has emerged as a significant producer in China’s acetonitrile market, leveraging the country’s growing petrochemical industry. The company focuses on both domestic distribution and international exports, with competitive pricing strategies.
Strategic Initiatives:
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Expansion of production capacity to capitalize on market growth
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Development of export channels to global markets
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Investment in quality control systems to meet international standards
3️⃣ 8. Taekwang Industrial Co., Ltd.
Headquarters: Seoul, South Korea
Key Offering: Acetonitrile (Pharmaceutical and Technical Grades)
Taekwang Industrial is a prominent South Korean chemical company with substantial acetonitrile production capacity. The company serves the sophisticated pharmaceutical and electronics industries in South Korea while maintaining a strong export presence in global markets.
Strategic Initiatives:
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Focus on high-value pharmaceutical and electronic grades
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Strong R&D capabilities for product development and customization
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Strategic alliances with global chemical distributors
2️⃣ 9. Standard Reagents Pvt. Ltd.
Headquarters: Mumbai, India
Key Offering: HPLC Grade Acetonitrile, Laboratory Reagents
Standard Reagents is a leading Indian company specializing in high-purity laboratory chemicals and reagents, including HPLC grade acetonitrile. The company has established itself as a key supplier to India’s growing pharmaceutical and analytical laboratory sectors.
Strategic Initiatives:
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Specialization in high-purity analytical reagents
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Strong distribution network across Indian pharmaceutical hubs
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Quality certifications meeting international pharmacopeia standards
1️⃣ 10. TRInternational, Inc. (TRI)
Headquarters: Seattle, Washington, USA
Key Offering: Acetonitrile Distribution and Supply Chain Solutions
TRInternational operates as a leading global chemical distributor with significant expertise in acetonitrile sourcing and supply chain management. While not a producer, TRI plays a crucial role in connecting manufacturers with end-users across diverse industries and geographic markets.
Strategic Initiatives:
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Global sourcing partnerships with major acetonitrile producers
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Supply chain optimization for reliable and consistent availability
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Technical support and value-added services for diverse applications
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Liquid Acetonitrile Market – View in Detailed Research Report
🌍 Outlook: The Future of Liquid Acetonitrile Is Driven by Purity and Sustainability
The liquid acetonitrile market is undergoing significant transformation. While traditional industrial applications continue to drive volume demand, the industry is increasingly focused on high-purity formulations, sustainable production methods, and supply chain resilience to meet the evolving needs of pharmaceutical and high-tech industries.
📈 Key Trends Shaping the Market:
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Increasing demand for HPLC grade acetonitrile in pharmaceutical quality control
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Growth in battery electrolyte applications for energy storage systems
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Supply chain diversification following pandemic-related disruptions
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Environmental regulations driving investments in production efficiency and waste reduction
Get Full Report Here:
Liquid Acetonitrile Market – View in Detailed Research Report
The companies listed above are not only supplying critical chemical intermediates—they’re driving innovation and reliability across global pharmaceutical, chemical, and technology value chains.
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