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Acrylonitrile Market Forecast (2025-2032): Industry Size, Market Share Data, Business Insights, Latest Trends, Opportunities, Competitive Analysis and Demand Outlook Report

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    Report

  • 148 Pages
  • October 2024
  • Region: Global
  • OG Analysis
  • ID: 4834259
UP TO OFF until Dec 31st 2024

A Crucial Building Block for Growth, Fueled by Innovation in Polymers, Fibers, and More

The Acrylonitrile market is experiencing a period of steady growth, driven by its versatility as a key ingredient in a wide array of industries. Acrylonitrile, a colorless liquid with a pungent odor, is a crucial building block for the production of numerous polymers, fibers, and other essential materials, contributing to a wide range of applications, from textiles and plastics to rubber and pharmaceuticals. 2024 has seen a notable increase in demand for acrylonitrile, fueled by the expansion of key end-use sectors, particularly the automotive, construction, and consumer goods industries, which rely heavily on acrylonitrile-based products. The ongoing development of new and innovative acrylonitrile-based materials is further contributing to the market's growth. Looking ahead, the acrylonitrile market is poised for continued expansion in 2025 and beyond, driven by the increasing demand for high-performance, durable, and cost-effective materials.

Market Overview

Acrylonitrile, a colorless liquid with a pungent odor, is a versatile and high-volume chemical used primarily in the production of acrylonitrile butadiene styrene (ABS) polymers, acrylic fibers, and other essential materials. The acrylonitrile market is experiencing a shift towards more sustainable and efficient production methods, driven by growing environmental concerns and the need to reduce dependence on fossil fuels.

The comprehensive Acrylonitrile market research report delivers essential insights into current trends that are shaping the industry, along with prescriptive analyses to capitalize on the market’s future growth opportunities. This report is an indispensable tool for decision-makers, offering a thorough understanding of the Acrylonitrile market dynamics - from raw material sourcing to end-use applications. It also addresses competitive pressures from substitutes and alternative products and enables you to formulate winning strategies.

Acrylonitrile Market Revenue, Prospective Segments, Potential Countries, Data and Forecast

The research estimates global Acrylonitrile market revenues in 2024, considering the Acrylonitrile market prices, Acrylonitrile production, supply, demand, and Acrylonitrile trade and logistics across regions. Detailed market share statistics, penetration, and shifts in demand for different types, applications, and geographies in the Acrylonitrile market from 2023 to 2032 are included in the thorough research.

The report covers North America, Europe, Asia Pacific, Middle East, Africa, and LATAM/South and Central America Acrylonitrile market statistics, along with Acrylonitrile CAGR Market Growth Rates from 2024 to 2032 will provide a deep understanding and projection of the market. The Acrylonitrile market is further split by key product types, dominant applications, and leading end users of Acrylonitrile. The future of the Acrylonitrile market in 27 key countries around the world is elaborated to enable an in-depth geographical understanding of the Acrylonitrile industry.

The research considered 2019, 2020, 2021, and 2022 as historical years, 2023 as the base year, and 2024 as the estimated year, with an outlook to 2032. The report identifies the most prospective type of Acrylonitrile market, leading products, and dominant end uses of the Acrylonitrile Market in each region.

Acrylonitrile Market Structure, Competitive Intelligence and Key Winning Strategies

Competitive Landscape

The acrylonitrile market is dominated by a handful of large multinational corporations that operate on a global scale. Key players are focused on strategic partnerships, acquisitions, and investments in research and development to maintain a competitive edge. The market is also seeing the emergence of smaller, specialized companies that are developing innovative and sustainable production methods.

Acrylonitrile Market Dynamics and Future Analytics

The research analyses the Acrylonitrile parent market, derived market, intermediaries’ market, raw material market, and substitute market are all evaluated to better prospect the Acrylonitrile market outlook. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Acrylonitrile market projections.

Recent deals and developments are considered for their potential impact on Acrylonitrile's future business. Other metrics analyzed include the Threat of New Entrants, Threat of New Substitutes, Product Differentiation, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Acrylonitrile market.

Acrylonitrile trade and price analysis helps comprehend Acrylonitrile's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Acrylonitrile price trends and patterns, and exploring new Acrylonitrile sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Acrylonitrile market.

Your Key Takeaways from the Acrylonitrile Market Report

  • Global Acrylonitrile market size and growth projections (CAGR), 2024-2032
  • Russia-Ukraine, Israel-Palestine, Hamas impact on the Acrylonitrile Trade, Costs and Supply-chain
  • Acrylonitrile market size, share, and outlook across 5 regions and 27 countries, 2023-2032
  • Acrylonitrile market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2023-2032
  • Short and long-term Acrylonitrile market trends, drivers, restraints, and opportunities
  • Porter’s Five Forces analysis, Technological developments in the Acrylonitrile market, Acrylonitrile supply chain analysis
  • Acrylonitrile trade analysis, Acrylonitrile market price analysis, Acrylonitrile supply/demand
  • Profiles of 5 leading companies in the industry - overview, key strategies, financials, and products
  • Latest Acrylonitrile market news and developments
The Acrylonitrile Market international scenario is well established in the report with separate chapters on North America Acrylonitrile Market, Europe Acrylonitrile Market, Asia-Pacific Acrylonitrile Market, Middle East and Africa Acrylonitrile Market, and South and Central America Acrylonitrile Markets. These sections further fragment the regional Acrylonitrile market by type, application, end-user, and country.

Regions and Countries Covered

North America Acrylonitrile market data and outlook to 2032

  • United States
  • Canada
  • Mexico

Europe Acrylonitrile market data and outlook to 2032

  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • BeNeLux
  • Russia

Asia-Pacific Acrylonitrile market data and outlook to 2032

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Vietnam

Middle East and Africa Acrylonitrile market data and outlook to 2032

  • Saudi Arabia
  • South Africa
  • Iran
  • UAE
  • Egypt

South and Central America Acrylonitrile market data and outlook to 2032

  • Brazil
  • Argentina
  • Chile
  • Peru

Who Will Benefit from this Research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways:
  • The report provides 2024 Acrylonitrile market sales data at the global, regional, and key country levels with a detailed outlook to 2032 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy
  • The research includes the Acrylonitrile market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
  • The Acrylonitrile market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
  • This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
  • The study assists investors in analyzing Acrylonitrile business prospects by region, key countries, and top companies' information to channel their investments

Available Customizations

The standard syndicate report is designed to serve the common interests of Acrylonitrile Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication. However, to precisely match the specific research requirements of individual clients, the analyst offers several customization options to include the data and analysis of interest in the final deliverable.

Some of the customization requests are mentioned below:

  • Segmentation of choice - Clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice
Acrylonitrile Pricing and Margins Across the Supply Chain, Acrylonitrile Price Analysis/International Trade Data/Import-Export Analysis, Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Acrylonitrile market analytics
  • Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
  • Further, clients can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other
  • Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
Customization of up to 10% of the content can be done without any additional charges.


This product will be delivered within 1-3 business days.

Table of Contents

1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global Acrylonitrile Market Review, 2024
2.1 Acrylonitrile Industry Overview
2.2 Research Methodology
3. Acrylonitrile Market Insights
3.1 Acrylonitrile Market Trends to 2032
3.2 Future Opportunities in Acrylonitrile Market
3.3 Dominant Applications of Acrylonitrile, 2024 Vs 2032
3.4 Key Types of Acrylonitrile, 2024 Vs 2032
3.5 Leading End Uses of Acrylonitrile Market, 2024 Vs 2032
3.6 High Prospect Countries for Acrylonitrile Market, 2024 Vs 2032
4. Acrylonitrile Market Trends, Drivers, and Restraints
4.1 Latest Trends and Recent Developments in Acrylonitrile Market
4.2 Key Factors Driving the Acrylonitrile Market Growth
4.2 Major Challenges to the Acrylonitrile industry, 2024-2032
4.3 Impact of Wars and geo-political tensions on Acrylonitrile supplychain
5 Five Forces Analysis for Global Acrylonitrile Market
5.1 Acrylonitrile Industry Attractiveness Index, 2024
5.2 Acrylonitrile Market Threat of New Entrants
5.3 Acrylonitrile Market Bargaining Power of Suppliers
5.4 Acrylonitrile Market Bargaining Power of Buyers
5.5 Acrylonitrile Market Intensity of Competitive Rivalry
5.6 Acrylonitrile Market Threat of Substitutes
6. Global Acrylonitrile Market Data - Industry Size, Share, and Outlook
6.1 Acrylonitrile Market Annual Sales Outlook, 2024-2032 ($ Million)
6.1 Global Acrylonitrile Market Annual Sales Outlook by Type, 2024-2032 ($ Million)
6.2 Global Acrylonitrile Market Annual Sales Outlook by Application, 2024-2032 ($ Million)
6.3 Global Acrylonitrile Market Annual Sales Outlook by End-User, 2024-2032 ($ Million)
6.4 Global Acrylonitrile Market Annual Sales Outlook by Region, 2024-2032 ($ Million)
7. Asia Pacific Acrylonitrile Industry Statistics - Market Size, Share, Competition and Outlook
7.1 Asia Pacific Market Insights, 2024
7.2 Asia Pacific Acrylonitrile Market Revenue Forecast by Type, 2024-2032 (USD Million)
7.3 Asia Pacific Acrylonitrile Market Revenue Forecast by Application, 2024-2032(USD Million)
7.4 Asia Pacific Acrylonitrile Market Revenue Forecast by End-User, 2024-2032 (USD Million)
7.5 Asia Pacific Acrylonitrile Market Revenue Forecast by Country, 2024-2032 (USD Million)
7.5.1 China Acrylonitrile Analysis and Forecast to 2032
7.5.2 Japan Acrylonitrile Analysis and Forecast to 2032
7.5.3 India Acrylonitrile Analysis and Forecast to 2032
7.5.4 South Korea Acrylonitrile Analysis and Forecast to 2032
7.5.5 Australia Acrylonitrile Analysis and Forecast to 2032
7.5.6 Indonesia Acrylonitrile Analysis and Forecast to 2032
7.5.7 Malaysia Acrylonitrile Analysis and Forecast to 2032
7.5.8 Vietnam Acrylonitrile Analysis and Forecast to 2032
7.6 Leading Companies in Asia Pacific Acrylonitrile Industry
8. Europe Acrylonitrile Market Historical Trends, Outlook, and Business Prospects
8.1 Europe Key Findings, 2024
8.2 Europe Acrylonitrile Market Size and Percentage Breakdown by Type, 2024-2032 (USD Million)
8.3 Europe Acrylonitrile Market Size and Percentage Breakdown by Application, 2024-2032 (USD Million)
8.4 Europe Acrylonitrile Market Size and Percentage Breakdown by End-User, 2024-2032 (USD Million)
8.5 Europe Acrylonitrile Market Size and Percentage Breakdown by Country, 2024-2032 (USD Million)
8.5.1 2024 Germany Acrylonitrile Market Size and Outlook to 2032
8.5.2 2024 United Kingdom Acrylonitrile Market Size and Outlook to 2032
8.5.3 2024 France Acrylonitrile Market Size and Outlook to 2032
8.5.4 2024 Italy Acrylonitrile Market Size and Outlook to 2032
8.5.5 2024 Spain Acrylonitrile Market Size and Outlook to 2032
8.5.6 2024 BeNeLux Acrylonitrile Market Size and Outlook to 2032
8.5.7 2024 Russia Acrylonitrile Market Size and Outlook to 2032
8.6 Leading Companies in Europe Acrylonitrile Industry
9. North America Acrylonitrile Market Trends, Outlook, and Growth Prospects
9.1 North America Snapshot, 2024
9.2 North America Acrylonitrile Market Analysis and Outlook by Type, 2024-2032($ Million)
9.3 North America Acrylonitrile Market Analysis and Outlook by Application, 2024-2032($ Million)
9.4 North America Acrylonitrile Market Analysis and Outlook by End-User, 2024-2032($ Million)
9.5 North America Acrylonitrile Market Analysis and Outlook by Country, 2024-2032($ Million)
9.5.1 United States Acrylonitrile Market Analysis and Outlook
9.5.2 Canada Acrylonitrile Market Analysis and Outlook
9.5.3 Mexico Acrylonitrile Market Analysis and Outlook
9.6 Leading Companies in North America Acrylonitrile Business
10. Latin America Acrylonitrile Market Drivers, Challenges, and Growth Prospects
10.1 Latin America Snapshot, 2024
10.2 Latin America Acrylonitrile Market Future by Type, 2024-2032($ Million)
10.3 Latin America Acrylonitrile Market Future by Application, 2024-2032($ Million)
10.4 Latin America Acrylonitrile Market Future by End-User, 2024-2032($ Million)
10.5 Latin America Acrylonitrile Market Future by Country, 2024-2032($ Million)
10.5.1 Brazil Acrylonitrile Market Analysis and Outlook to 2032
10.5.2 Argentina Acrylonitrile Market Analysis and Outlook to 2032
10.5.3 Chile Acrylonitrile Market Analysis and Outlook to 2032
10.6 Leading Companies in Latin America Acrylonitrile Industry
11. Middle East Africa Acrylonitrile Market Outlook and Growth Prospects
11.1 Middle East Africa Overview, 2024
11.2 Middle East Africa Acrylonitrile Market Statistics by Type, 2024-2032 (USD Million)
11.3 Middle East Africa Acrylonitrile Market Statistics by Application, 2024-2032 (USD Million)
11.4 Middle East Africa Acrylonitrile Market Statistics by End-User, 2024-2032 (USD Million)
11.5 Middle East Africa Acrylonitrile Market Statistics by Country, 2024-2032 (USD Million)
11.5.1 South Africa Acrylonitrile Market Outlook
11.5.2 Egypt Acrylonitrile Market Outlook
11.5.3 Saudi Arabia Acrylonitrile Market Outlook
11.5.4 Iran Acrylonitrile Market Outlook
11.5.5 UAE Acrylonitrile Market Outlook
11.6 Leading Companies in Middle East Africa Acrylonitrile Business
12. Acrylonitrile Market Structure and Competitive Landscape
12.1 Key Companies in Acrylonitrile Business
12.2 Acrylonitrile Key Player Benchmarking
12.3 Acrylonitrile Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review
14. Latest News, Deals, and Developments in Acrylonitrile Market
14.1 Acrylonitrile trade export, import value and price analysis
15 Appendix
15.1 Publisher Expertise
15.2 Acrylonitrile Industry Report Sources and Methodology

Companies Mentioned

  • INEOS Styrolution
  • Asahi Kasei
  • BASF
  • Mitsubishi Chemical
  • Sumitomo Chemical
  • Toray Industries
  • DuPont
  • Evonik Industries
  • Sinopec
  • PetroChina
  • Formosa Plastics
  • LG Chem
  • Hanwha Chemical
  • Trinseo
  • Shell

Methodology

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