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The acrylonitrile market is forecasted to grow by USD 2.83 billion during 2023-2028, accelerating at a CAGR of 4.21% during the forecast period. The report on the acrylonitrile market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for acrylonitrile from APAC, rising usage of acrylonitrile in automotive industry, and rise in construction activities.
The acrylonitrile market is segmented as below:
By Application
- ABS and SAN
- Acrylic fibers
- Polyacrylamide
- Nitrile butadiene rubber
- Others
By End-user
- Electrical and electronics
- Automotive
- Construction
- Packaging
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the acrylonitrile market covers the following areas:
- Acrylonitrile market sizing
- Acrylonitrile market forecast
- Acrylonitrile market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global acrylonitrile market: AnQore, Asahi Kasei Corp., Ascend Performance Materials Operations LLC, Bhansali Engineering Polymers Ltd., China National Petroleum Corp., China Petrochemical Development Corp., Cornerstone Chemical Co., Formosa Plastics Corp., INEOS Group Holdings SA, LG Chem Ltd., Mitsubishi Chemical Corp., Petkim Petrokimya Holding AS, PJSC LUKOIL, Polymir, S.S.B. POLYMERS and S.S.B. ENTERPRISES, Sinopec Shanghai Petrochemical Co. Ltd., Sumitomo Chemical Co. Ltd., Taekwang Industrial Co. Ltd., Thermo Fisher Scientific Inc., and Tokyo Chemical Industry Co. Ltd.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing carbon fiber production.'
According to the report, one of the major drivers for this market is the high demand for acrylonitrile from APAC.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AnQore
- Asahi Kasei Corp.
- Ascend Performance Materials Operations LLC
- Bhansali Engineering Polymers Ltd.
- China National Petroleum Corp.
- China Petrochemical Development Corp.
- Cornerstone Chemical Co.
- Formosa Plastics Corp.
- INEOS Group Holdings SA
- LG Chem Ltd.
- Mitsubishi Chemical Corp.
- Petkim Petrokimya Holding AS
- PJSC LUKOIL
- Polymir
- S.S.B. POLYMERS and S.S.B. ENTERPRISES
- Sinopec Shanghai Petrochemical Co. Ltd.
- Sumitomo Chemical Co. Ltd.
- Taekwang Industrial Co. Ltd.
- Thermo Fisher Scientific Inc.
- Tokyo Chemical Industry Co. Ltd.