Saudi Arabia Acetonitrile Market Size & Outlook, 2024-2030

The acetonitrile market in Saudi Arabia is expected to reach a projected revenue of US$ 20.5 million by 2030. A compound annual growth rate of 5.5% is expected of Saudi Arabia acetonitrile market from 2025 to 2030.
Revenue, 2024 (US$M)
$14.9
Forecast, 2030 (US$M)
$20.5
CAGR, 2025 - 2030
5.5%
Report Coverage
Saudi Arabia

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Saudi Arabia acetonitrile market, 2018-2030 (US$M)

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Saudi Arabia acetonitrile market highlights

  • The Saudi Arabia acetonitrile market generated a revenue of USD 14.9 million in 2024 and is expected to reach USD 20.5 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 5.7% from 2025 to 2030.
  • In terms of segment, solvent was the largest revenue generating product in 2024.
  • Derivative is the most lucrative product segment registering the fastest growth during the forecast period.

Acetonitrile market data book summary

Market revenue in 2024USD 14.9 million
Market revenue in 2030USD 20.5 million
Growth rate5.7% (CAGR from 2025 to 2030)
Largest segmentSolvent
Fastest growing segmentDerivative
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDerivative, Solvent
Key market players worldwideINEOS, Honeywell International Inc, Cepsa, Alkyl Amines Chemicals, Shandong Xinhua Pharmaceutical Co Ltd ADR, Zhengzhou Coal Mining Machinery Group Co Ltd Class H

Other key industry trends

  • In terms of revenue, Saudi Arabia accounted for 3.6% of the global acetonitrile market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia acetonitrile market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.5 million by 2030.

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Acetonitrile Market Companies

Name Profile # Employees HQ Website
Zhengzhou Coal Mining Machinery Group Co Ltd Class H View profile 16840 No. 167, 9th Street, Econ-Tech Development Zone, Henan Province, Zhengzhou, China, People's Republic of, 450016 https://www.zmj.com
Shandong Xinhua Pharmaceutical Co Ltd ADR View profile 7104 No. 1 Lutai Avenue, Hi-tech Industry Development Zone, Zibo, Shandong, China, People's Republic of, 255086 http://www.xhzy.com
Alkyl Amines Chemicals View profile 501-1000 Mumbai, Maharashtra, India, Asia http://www.alkylamines.com/
Cepsa View profile 10001+ Madrid, Madrid, Spain, Europe http://cepsa.com
INEOS View profile 10001+ Rolle, Geneve, Switzerland, Europe http://www.ineos.com/
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com

Saudi Arabia Product - Acetonitrile Market size, 2024 - 2030 (US$M)

Saudi Arabia Acetonitrile Market Outlook Share, 2024 & 2030 (US$M)

Saudi Arabia Product - Acetonitrile Market size, 2024 - 2030 (US$M)

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