Global Acrylonitrile Market 2024-2028

The acrylonitrile market is forecasted to grow by USD 2.83 bn 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.

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.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.48%
CAGR	4.21%
Incremental Value	$2.83bn

Technavio's 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

This study identifies the increasing carbon fiber production as one of the prime reasons driving the acrylonitrile market growth during the next few years. Also, technological advances in acrylonitrile production processes and growing demand for personal care products will lead to sizable demand in the market.

The report on the acrylonitrile market covers the following areas:

Acrylonitrile market sizing
Acrylonitrile market forecast
Acrylonitrile market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading acrylonitrile market vendors that include 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.. Also, the acrylonitrile market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

Product Code: IRTNTR43823

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global acrylonitrile market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global acrylonitrile market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 ABS and SAN - Market size and forecast 2023-2028
Exhibit 34: Chart on ABS and SAN - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on ABS and SAN - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on ABS and SAN - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on ABS and SAN - Year-over-year growth 2023-2028 (%)
6.4 Acrylic fibers - Market size and forecast 2023-2028
Exhibit 38: Chart on Acrylic fibers - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Acrylic fibers - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Acrylic fibers - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Acrylic fibers - Year-over-year growth 2023-2028 (%)
6.5 Polyacrylamide - Market size and forecast 2023-2028
Exhibit 42: Chart on Polyacrylamide - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Polyacrylamide - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Polyacrylamide - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Polyacrylamide - Year-over-year growth 2023-2028 (%)
6.6 Nitrile butadiene rubber - Market size and forecast 2023-2028
Exhibit 46: Chart on Nitrile butadiene rubber - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Nitrile butadiene rubber - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Nitrile butadiene rubber - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Nitrile butadiene rubber - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
Exhibit 54: Market opportunity by Application ($ billion)
Exhibit 55: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 56: Chart on End-user - Market share 2023-2028 (%)
Exhibit 57: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 58: Chart on Comparison by End-user
Exhibit 59: Data Table on Comparison by End-user
7.3 Electrical and electronics - Market size and forecast 2023-2028
Exhibit 60: Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
7.4 Automotive - Market size and forecast 2023-2028
Exhibit 64: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Automotive - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
7.5 Construction - Market size and forecast 2023-2028
Exhibit 68: Chart on Construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Data Table on Construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 70: Chart on Construction - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on Construction - Year-over-year growth 2023-2028 (%)
7.6 Packaging - Market size and forecast 2023-2028
Exhibit 72: Chart on Packaging - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Data Table on Packaging - Market size and forecast 2023-2028 ($ billion)
Exhibit 74: Chart on Packaging - Year-over-year growth 2023-2028 (%)
Exhibit 75: Data Table on Packaging - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 76: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 78: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 79: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by End-user
Exhibit 80: Market opportunity by End-user ($ billion)
Exhibit 81: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 83: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 84: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 85: Chart on Geographic comparison
Exhibit 86: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 87: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 91: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 95: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 103: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 107: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 111: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 115: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 116: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 117: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 118: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 South Korea - Market size and forecast 2023-2028
Exhibit 119: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 120: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 121: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 122: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 123: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 124: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 125: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 126: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 127: Market opportunity By Geographical Landscape ($ billion)
Exhibit 128: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 129: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 131: Overview on factors of disruption
11.4 Industry risks
Exhibit 132: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 133: Vendors covered
12.2 Market positioning of vendors
Exhibit 134: Matrix on vendor position and classification
12.3 AnQore
Exhibit 135: AnQore - Overview
Exhibit 136: AnQore - Product / Service
Exhibit 137: AnQore - Key offerings
12.4 Asahi Kasei Corp.
Exhibit 138: Asahi Kasei Corp. - Overview
Exhibit 139: Asahi Kasei Corp. - Business segments
Exhibit 140: Asahi Kasei Corp. - Key news
Exhibit 141: Asahi Kasei Corp. - Key offerings
Exhibit 142: Asahi Kasei Corp. - Segment focus
12.5 Ascend Performance Materials Operations LLC
Exhibit 143: Ascend Performance Materials Operations LLC - Overview
Exhibit 144: Ascend Performance Materials Operations LLC - Product / Service
Exhibit 145: Ascend Performance Materials Operations LLC - Key news
Exhibit 146: Ascend Performance Materials Operations LLC - Key offerings
12.6 China National Petroleum Corp.
Exhibit 147: China National Petroleum Corp. - Overview
Exhibit 148: China National Petroleum Corp. - Product / Service
Exhibit 149: China National Petroleum Corp. - Key offerings
12.7 China Petrochemical Development Corp.
Exhibit 150: China Petrochemical Development Corp. - Overview
Exhibit 151: China Petrochemical Development Corp. - Product / Service
Exhibit 152: China Petrochemical Development Corp. - Key offerings
12.8 Formosa Plastics Corp.
Exhibit 153: Formosa Plastics Corp. - Overview
Exhibit 154: Formosa Plastics Corp. - Product / Service
Exhibit 155: Formosa Plastics Corp. - Key offerings
12.9 INEOS Group Holdings SA
Exhibit 156: INEOS Group Holdings SA - Overview
Exhibit 157: INEOS Group Holdings SA - Business segments
Exhibit 158: INEOS Group Holdings SA - Key news
Exhibit 159: INEOS Group Holdings SA - Key offerings
Exhibit 160: INEOS Group Holdings SA - Segment focus
12.10 Mitsubishi Chemical Corp.
Exhibit 161: Mitsubishi Chemical Corp. - Overview
Exhibit 162: Mitsubishi Chemical Corp. - Business segments
Exhibit 163: Mitsubishi Chemical Corp. - Key offerings
Exhibit 164: Mitsubishi Chemical Corp. - Segment focus
12.11 Petkim Petrokimya Holding AS
Exhibit 165: Petkim Petrokimya Holding AS - Overview
Exhibit 166: Petkim Petrokimya Holding AS - Product / Service
Exhibit 167: Petkim Petrokimya Holding AS - Key offerings
12.12 PJSC LUKOIL
Exhibit 168: PJSC LUKOIL - Overview
Exhibit 169: PJSC LUKOIL - Product / Service
Exhibit 170: PJSC LUKOIL - Key offerings
12.13 S.S.B. POLYMERS and S.S.B. ENTERPRISES
Exhibit 171: S.S.B. POLYMERS and S.S.B. ENTERPRISES - Overview
Exhibit 172: S.S.B. POLYMERS and S.S.B. ENTERPRISES - Product / Service
Exhibit 173: S.S.B. POLYMERS and S.S.B. ENTERPRISES - Key offerings
12.14 Sumitomo Chemical Co. Ltd.
Exhibit 174: Sumitomo Chemical Co. Ltd. - Overview
Exhibit 175: Sumitomo Chemical Co. Ltd. - Business segments
Exhibit 176: Sumitomo Chemical Co. Ltd. - Key offerings
Exhibit 177: Sumitomo Chemical Co. Ltd. - Segment focus
12.15 Taekwang Industrial Co. Ltd.
Exhibit 178: Taekwang Industrial Co. Ltd. - Overview
Exhibit 179: Taekwang Industrial Co. Ltd. - Product / Service
Exhibit 180: Taekwang Industrial Co. Ltd. - Key offerings
12.16 Thermo Fisher Scientific Inc.
Exhibit 181: Thermo Fisher Scientific Inc. - Overview
Exhibit 182: Thermo Fisher Scientific Inc. - Business segments
Exhibit 183: Thermo Fisher Scientific Inc. - Key news
Exhibit 184: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 185: Thermo Fisher Scientific Inc. - Segment focus
12.17 Tokyo Chemical Industry Co. Ltd.
Exhibit 186: Tokyo Chemical Industry Co. Ltd. - Overview
Exhibit 187: Tokyo Chemical Industry Co. Ltd. - Product / Service
Exhibit 188: Tokyo Chemical Industry Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 189: Inclusions checklist
Exhibit 190: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 191: Currency conversion rates for US$
13.4 Research methodology
Exhibit 192: Research methodology
Exhibit 193: Validation techniques employed for market sizing
Exhibit 194: Information sources
13.5 List of abbreviations
Exhibit 195: List of abbreviations