Global Isobutyronitrile Market Outlook 2022

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.

Market Analysis and Insights: Global Isobutyronitrile Market
The global Isobutyronitrile market was valued at US$ 19 million in 2020 and it is expected to reach US$ 24 million by the end of 2027, growing at a CAGR of 3.2% during 2021-2027.

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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
98% Purity
99% Purity

Segment by Application
Insecticides
Intermediates
Pharmaceutical Industry
Others

By Company
Wenzhou Lucheng Dongou Dyeing Intermediate
Rudong Tongyuan Chemicals
Eastman
Anhui Chizhou Sincerity Chemicals
AlzChem

Production by Region
North America
Europe
China

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE