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PROPIONITRILE MARKET ANALYSIS

Propionitrile Market, By Type (Additive and Intermediates), By Application (Pharmaceutical, Personal Care, Agriculture, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa).

  • Published In : Feb 2025
  • Code : CMI2234
  • Pages :142
  • Formats :
      Excel and PDF
  • Industry : Bulk Chemicals

Propionitrile Market Size and Trends

Propionitrile market is estimated to be valued at USD 110.7 Mn in 2025 and is expected to reach USD 157.9 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 5% from 2025 to 2032.

Propionitrile market Key Factors

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Propionitrile market is expected to witness positive growth driven by increasing demand from pesticide manufacturing applications. Propionitrile is a key raw material used in the production of several pesticides such as herbicides, fungicides, and insecticides. With the growing requirement to increase food production to meet the demands of the rising global population, the use of agricultural chemicals is expected to surge significantly over the coming years. Moreover, propionitrile also finds numerous applications as an intermediate in the pharmaceutical industry for manufacturing various Active Pharmaceutical Ingredients (APIs).

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