Global Industry Analysis and Forecast for the Acetone Cyanohydrin Market from 2021 to 2031

Acetone cyanohydrin is made by reacting acetone with hydrogen cyanide in the presence of aqueous solutions such as KOH and NaOH. However, the intermediate product is not stable in alkaline solutions, so it is treated with sulfuric acid until its pH reaches 1-2. Acetone cyanohydrin is used as an intermediate for the production of methylacrylates, methacrylamide, methacrylic acid and methacrylonitrile, among others.

Acetone cyanohydrin is majorly consumed in the manufacture of methylmethacrylates (MMA). Methylmethacrylates are used in the production of polymethyl methacrylate. In addition, acetone cyanohydrin finds applications in manufacturing of insecticides, flavoring agents and pharmaceuticals among others.

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Acetone cyanohydrin is used to manufacture ethyl alpha-hydroxyisobutyrate, a pharmaceutical intermediate. In addition, acetone cyanohydrins are also used in the metal separation process in the form of a complexing agent.

The market for acetone cyanohydrinwas driven by substantial demand from methylmethacrylate. industry. Methylmethacrylate is further polymerized into polymethylmethacrylate (PMMA). PMMA is used in various end-user industries such as electronics & electrical, signs and displays, medical & healthcare, automotive, building & construction, waste management and water treatment industries, among others.

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Moreover, other countries such as Japan, India, South Koreaand Taiwan are likely to exhibit more demand for acetone cyanohydrin in upcoming years owing to huge demand from MAA industry. Asia Pacificwas followed by Europe. Growing demand from agrochemical and MMA industry is driving the acetone cyanohydrin market in Europe. European countries such as Germany, the UK, Sweden and France were the major consumers of acetone cyanohydrin in this region.

Some of the leading manufacturers of methyl salicylate present in the market are

  • BASF SE
  • Evonik Industries AG
  • INEOS
  • Mitsubishi Chemicals Co. Ltd.
  • The Dow Chemical Company
  • Tokyo Chemical Industry Co.
  • and UNEP Chemicals among others.

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