Global Adiponitrile Market Research Report 2023(Status and Outlook)

Global Adiponitrile Market Research Report 2023(Status and Outlook)

Report Overview

Adiponitrile is the organic compound with the formula (CH2)4(CN)2. This dinitrile, a viscous, colorless liquid, is an important precursor to the polymer nylon-6,6. In 2005, about one billion kilograms were produced.

Asia Pacific will grow significantly over the next seven years as a result of swift growth in textile industry coupled with huge demand for tyre cord particularly in India and China. Moreover, rapid development in the automotive sector in China is likely to enhance the consumption for adiponitrile in the near future. Furthermore, Government of India’s initiative of “Make in India” is predicted to boost the demand for adiponitrile in this region.

Europe is predicted to grow substantially over the next seven years on account of mounting automotive sector in various countries including Sweden, Italy and Germany. Moreover, higher consumption of carpets and fiber products is likely to boost the demand growth over the forecast period. Latin America and MEA will provide ample of opportunity for growth on account of increasing demand from industrial sector, as a result of accelerating consumption in conveyor belts, tire cords and electro-insulating materials.

The Global Adiponitrile Market Size was estimated at USD 627.1 million in 2022 and is projected to reach USD 691.20 million by 2029, exhibiting a CAGR of 1.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Adiponitrile market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Adiponitrile Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Adiponitrile market in any manner.

Global Adiponitrile Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Solvay

Rhodia Group

Invista

BASF

Lyondellbasell Industries

LG Chem

Ineos

China Petroleum & Chemical Corporation

Braskem

Evonik Industries

DowDuPont

JSR Corporation

Royal Dutch Shell

Saudi Basic Industries Corporation

Market Segmentation (by Type)
0.99
Others

Market Segmentation (by Application)

Medicine

Food

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Adiponitrile Market

Overview of the regional outlook of the Adiponitrile Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors