Global Acrylonitrile Market 2024-2028

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.

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.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Market Segmentation by End-user
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global acrylonitrile market 2018 - 2022
      • Table Historic Market Size - Data Table on global acrylonitrile market 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size - Application Segment 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size - End-user Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size - Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • ABS and SAN - Market size and forecast 2023-2028
      • Table Chart on ABS and SAN - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on ABS and SAN - Market size and forecast 2023-2028 ($ million)
      • Table Chart on ABS and SAN - Year-over-year growth 2023-2028 (%)
      • Table Data Table on ABS and SAN - Year-over-year growth 2023-2028 (%)
    • Acrylic fibers - Market size and forecast 2023-2028
      • Table Chart on Acrylic fibers - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Acrylic fibers - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Acrylic fibers - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Acrylic fibers - Year-over-year growth 2023-2028 (%)
    • Polyacrylamide - Market size and forecast 2023-2028
      • Table Chart on Polyacrylamide - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Polyacrylamide - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Polyacrylamide - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Polyacrylamide - Year-over-year growth 2023-2028 (%)
    • Nitrile butadiene rubber - Market size and forecast 2023- 2028
      • Table Chart on Nitrile butadiene rubber - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Nitrile butadiene rubber - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Nitrile butadiene rubber - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Nitrile butadiene rubber - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Electrical and electronics - Market size and forecast 2023-2028
      • Table Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
    • Automotive - Market size and forecast 2023-2028
      • Table Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • Construction - Market size and forecast 2023-2028
      • Table Chart on Construction - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Construction - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Construction - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Construction - Year-over-year growth 2023-2028 (%)
    • Packaging - Market size and forecast 2023-2028
      • Table Chart on Packaging - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Packaging - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Packaging - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Packaging - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • South Korea - Market size and forecast 2023-2028
      • Table Chart on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • High demand for acrylonitrile from APAC
      • Rising usage of acrylonitrile in automotive industry
      • Rise in construction activities
    • Market challenges
      • Stringent regulations and health hazards caused by acrylonitrile
      • Fluctuating raw material prices for producing acrylonitrile
      • Increasing number of alternatives to acrylic fibers
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Increasing carbon fiber production
      • Technological advances in acrylonitrile production processes
      • Growing demand for personal care products
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AnQore
      • Table AnQore - Overview
      • Table AnQore - Product / Service
      • Table AnQore - Key offerings
    • Asahi Kasei Corp.
      • Table Asahi Kasei Corp. - Overview
      • Table Asahi Kasei Corp. - Business segments
      • Table Asahi Kasei Corp. - Key news
      • Table Asahi Kasei Corp. - Key offerings
      • Table Asahi Kasei Corp. - Segment focus
    • Ascend Performance Materials Operations LLC
      • Table Ascend Performance Materials Operations LLC - Overview
      • Table Ascend Performance Materials Operations LLC - Product / Service
      • Table Ascend Performance Materials Operations LLC - Key news
      • Table Ascend Performance Materials Operations LLC - Key offerings
    • China National Petroleum Corp.
      • Table China National Petroleum Corp. - Overview
      • Table China National Petroleum Corp. - Product / Service
      • Table China National Petroleum Corp. - Key offerings
    • China Petrochemical Development Corp.
      • Table China Petrochemical Development Corp. - Overview
      • Table China Petrochemical Development Corp. - Product / Service
      • Table China Petrochemical Development Corp. - Key offerings
    • Formosa Plastics Corp.
      • Table Formosa Plastics Corp. - Overview
      • Table Formosa Plastics Corp. - Product / Service
      • Table Formosa Plastics Corp. - Key offerings
    • INEOS Group Holdings SA
      • Table INEOS Group Holdings SA - Overview
      • Table INEOS Group Holdings SA - Business segments
      • Table INEOS Group Holdings SA - Key news
      • Table INEOS Group Holdings SA - Key offerings
      • Table INEOS Group Holdings SA - Segment focus
    • Mitsubishi Chemical Corp.
      • Table Mitsubishi Chemical Corp. - Overview
      • Table Mitsubishi Chemical Corp. - Business segments
      • Table Mitsubishi Chemical Corp. - Key offerings
      • Table Mitsubishi Chemical Corp. - Segment focus
    • Petkim Petrokimya Holding AS
      • Table Petkim Petrokimya Holding AS - Overview
      • Table Petkim Petrokimya Holding AS - Product / Service
      • Table Petkim Petrokimya Holding AS - Key offerings
    • PJSC LUKOIL
      • Table PJSC LUKOIL - Overview
      • Table PJSC LUKOIL - Product / Service
      • Table PJSC LUKOIL - Key offerings
    • S.S.B. POLYMERS and S.S.B. ENTERPRISES
      • Table S.S.B. POLYMERS and S.S.B. ENTERPRISES - Overview
      • Table S.S.B. POLYMERS and S.S.B. ENTERPRISES - Product / Service
      • Table S.S.B. POLYMERS and S.S.B. ENTERPRISES - Key offerings
    • Sumitomo Chemical Co. Ltd.
      • Table Sumitomo Chemical Co. Ltd. - Overview
      • Table Sumitomo Chemical Co. Ltd. - Business segments
      • Table Sumitomo Chemical Co. Ltd. - Key offerings
      • Table Sumitomo Chemical Co. Ltd. - Segment focus
    • Taekwang Industrial Co. Ltd.
      • Table Taekwang Industrial Co. Ltd. - Overview
      • Table Taekwang Industrial Co. Ltd. - Product / Service
      • Table Taekwang Industrial Co. Ltd. - Key offerings
    • Thermo Fisher Scientific Inc.
      • Table Thermo Fisher Scientific Inc. - Overview
      • Table Thermo Fisher Scientific Inc. - Business segments
      • Table Thermo Fisher Scientific Inc. - Key news
      • Table Thermo Fisher Scientific Inc. - Key offerings
      • Table Thermo Fisher Scientific Inc. - Segment focus
    • Tokyo Chemical Industry Co. Ltd.
      • Table Tokyo Chemical Industry Co. Ltd. - Overview
      • Table Tokyo Chemical Industry Co. Ltd. - Product / Service
      • Table Tokyo Chemical Industry Co. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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