Global Acrylonitrile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Acrylonitrile Market is presumed to reach the market size of nearly USD 21.97 Billion by 2032 from USD 17.15 Billion in 2023 with a CAGR of 2.79% under the study period 2024-2032.

Acrylonitrile is a colorless, volatile liquid chemical primarily used in the production of synthetic fibers, resins, and plastics, such as acrylic fibers, acrylonitrile butadiene styrene (ABS), and nitrile rubber. It is produced through the ammoxidation of propylene and has high reactivity due to its nitrile group. Acrylonitrile is a crucial feedstock in the manufacture of durable and lightweight materials found in automotive components, home appliances, and textiles. It is also used in the synthesis of carbon fibers, which are essential for aerospace and construction applications. However, acrylonitrile is toxic and flammable, requiring careful handling and storage for safety.

Market Dynamics

The Acrylonitrile market is driven by its wide-ranging applications in industries such as automotive, construction, and consumer goods. The increasing demand for lightweight and fuel-efficient vehicles is pushing automakers to use Acrylonitrile-based materials like acrylonitrile butadiene styrene (ABS) for various automotive components. Construction projects are also fueling demand for Acrylonitrile, as it is used in manufacturing durable and weather-resistant building materials. The rise of electrical and electronic goods consumption is another key driver, as Acrylonitrile is essential for producing high-performance plastics and resins. The demand for Acrylonitrile in the textile industry is growing, especially for synthetic fibers like acrylic, which are widely used in clothing and home furnishings. Additionally, innovations in polymer technology are expanding the scope of Acrylonitrile applications. The global push for energy-efficient solutions and lightweight materials in industrial processes is further driving market growth. Environmental concerns are prompting manufacturers to develop more sustainable and energy-efficient production methods for Acrylonitrile, enhancing the market outlook. Volatile raw material costs and environmental regulations may challenge market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Acrylonitrile. The growth and trends of Acrylonitrile industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Acrylonitrile market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Application

Acrylic Fibers
Adiponitrile
Styrene Acrylonitrile
ABS
Acrylamide
Carbon Fiber
Nitrile Rubber
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Acrylonitrile market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Acrylonitrile market include INEOS, China Petrochemical Development Corp., Asahi Kasei Advance Corp., Ascend Performance Material, Chemelot, Formosa Plastics Corp., Mitsubishi Chemical Corp., Secco, Taekwang Industrial Co. Ltd., Sumitomo Chemical Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11213883

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. ACRYLONITRILE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL ACRYLONITRILE MARKET ANALYSIS BY APPLICATION

5.1. Overview By Application
5.2. Historical and Forecast Data Analysis By Application
5.3. Acrylic Fibers Historic and Forecast Sales By Regions
5.4. Adiponitrile Historic and Forecast Sales By Regions
5.5. Styrene Acrylonitrile Historic and Forecast Sales By Regions
5.6. ABS Historic and Forecast Sales By Regions
5.7. Acrylamide Historic and Forecast Sales By Regions
5.8. Carbon Fiber Historic and Forecast Sales By Regions
5.9. Nitrile Rubber Historic and Forecast Sales By Regions
5.10. Others Historic and Forecast Sales By Regions

6. GLOBAL ACRYLONITRILE MARKET ANALYSIS BY GEOGRAPHY

6.1. Regional Outlook
6.2. Introduction
6.3. North America Sales Analysis
- 6.3.1 Overview, Historic and Forecast Data Sales Analysis
- 6.3.2 North America By Segment Sales Analysis
- 6.3.3 North America By Country Sales Analysis
- 6.3.4 United States Sales Analysis
- 6.3.5 Canada Sales Analysis
- 6.3.6 Mexico Sales Analysis
6.4. Europe Sales Analysis
- 6.4.1 Overview, Historic and Forecast Data Sales Analysis
- 6.4.2 Europe By Segment Sales Analysis
- 6.4.3 Europe By Country Sales Analysis
- 6.4.4 United Kingdom Sales Analysis
- 6.4.5 France Sales Analysis
- 6.4.6 Germany Sales Analysis
- 6.4.7 Italy Sales Analysis
- 6.4.8 Russia Sales Analysis
- 6.4.9 Rest Of Europe Sales Analysis
6.5. Asia Pacific Sales Analysis
- 6.5.1 Overview, Historic and Forecast Data Sales Analysis
- 6.5.2 Asia Pacific By Segment Sales Analysis
- 6.5.3 Asia Pacific By Country Sales Analysis
- 6.5.4 China Sales Analysis
- 6.5.5 India Sales Analysis
- 6.5.6 Japan Sales Analysis
- 6.5.7 South Korea Sales Analysis
- 6.5.8 Australia Sales Analysis
- 6.5.9 South East Asia Sales Analysis
- 6.5.10 Rest Of Asia Pacific Sales Analysis
6.6. Latin America Sales Analysis
- 6.6.1 Overview, Historic and Forecast Data Sales Analysis
- 6.6.2 Latin America By Segment Sales Analysis
- 6.6.3 Latin America By Country Sales Analysis
- 6.6.4 Brazil Sales Analysis
- 6.6.5 Argentina Sales Analysis
- 6.6.6 Peru Sales Analysis
- 6.6.7 Chile Sales Analysis
- 6.6.8 Rest of Latin America Sales Analysis
6.7. Middle East & Africa Sales Analysis
- 6.7.1 Overview, Historic and Forecast Data Sales Analysis
- 6.7.2 Middle East & Africa By Segment Sales Analysis
- 6.7.3 Middle East & Africa By Country Sales Analysis
- 6.7.4 Saudi Arabia Sales Analysis
- 6.7.5 UAE Sales Analysis
- 6.7.6 Israel Sales Analysis
- 6.7.7 South Africa Sales Analysis
- 6.7.8 Rest Of Middle East And Africa Sales Analysis

7. COMPETITIVE LANDSCAPE OF THE ACRYLONITRILE COMPANIES

7.1. Acrylonitrile Market Competition
7.2. Partnership/Collaboration/Agreement
7.3. Merger And Acquisitions
7.4. New Product Launch
7.5. Other Developments

8. COMPANY PROFILES OF ACRYLONITRILE INDUSTRY

8.1. Top Companies Market Share Analysis
8.2. Market Concentration Rate
8.3. INEOS
- 8.3.1 Company Overview
- 8.3.2 Company Revenue
- 8.3.3 Products
- 8.3.4 Recent Developments
8.4. China Petrochemical Development Corp.
- 8.4.1 Company Overview
- 8.4.2 Company Revenue
- 8.4.3 Products
- 8.4.4 Recent Developments
8.5. Asahi Kasei Advance Corp.
- 8.5.1 Company Overview
- 8.5.2 Company Revenue
- 8.5.3 Products
- 8.5.4 Recent Developments
8.6. Ascend Performance Material
- 8.6.1 Company Overview
- 8.6.2 Company Revenue
- 8.6.3 Products
- 8.6.4 Recent Developments
8.7. Chemelot
- 8.7.1 Company Overview
- 8.7.2 Company Revenue
- 8.7.3 Products
- 8.7.4 Recent Developments
8.8. Formosa Plastics Corp.
- 8.8.1 Company Overview
- 8.8.2 Company Revenue
- 8.8.3 Products
- 8.8.4 Recent Developments
8.9. Mitsubishi Chemical Corp.
- 8.9.1 Company Overview
- 8.9.2 Company Revenue
- 8.9.3 Products
- 8.9.4 Recent Developments
8.10. Secco
- 8.10.1 Company Overview
- 8.10.2 Company Revenue
- 8.10.3 Products
- 8.10.4 Recent Developments
8.11. Taekwang Industrial Co. Ltd.
- 8.11.1 Company Overview
- 8.11.2 Company Revenue
- 8.11.3 Products
- 8.11.4 Recent Developments
8.12. Sumitomo Chemical Co. Ltd
- 8.12.1 Company Overview
- 8.12.2 Company Revenue
- 8.12.3 Products
- 8.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies