Global Acrylonitrile Market Growth 2023-2029

Global Acrylonitrile Market Growth 2023-2029

Acrylonitrile is an organic compound with the formula CH2CHCN. It is a clear, colorless liquid with a slightly pungent odor. And it is also a hazardous chemical substance and regulated as such throughout most of the world.Acrylonitrile is an important monomer for the manufacture of useful plastics such as polyacrylonitrile. It is reactive and toxic at low doses.

LPI (LP Information)' newest research report, the “Acrylonitrile Industry Forecast” looks at past sales and reviews total world Acrylonitrile sales in 2022, providing a comprehensive analysis by region and market sector of projected Acrylonitrile sales for 2023 through 2029. With Acrylonitrile sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acrylonitrile industry.

This Insight Report provides a comprehensive analysis of the global Acrylonitrile landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acrylonitrile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acrylonitrile market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acrylonitrile and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acrylonitrile.

The global Acrylonitrile market size is projected to grow from US$ 11310 million in 2022 to US$ 14310 million in 2029; it is expected to grow at a CAGR of 14310 from 2023 to 2029.

Global Acrylonitrile key players include Ineos, Asahi Kasei, Shanghai Secco Petrochemical, Ascend performance Materials, Jilin Petrochemical Company, etc. Global top five manufacturers hold a share over 45%.

China is the largest market, with a share about 40%, followed by Europe, and South Korea, both have a share about 25 percent.

In terms of product, Propylene Method is the largest segment, with a share over 95%. And in terms of application, the largest application is ABS and SAN resins, followed by Acrylic Fibres, NBR, Acrylamide, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Acrylonitrile market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Propylene Method

Propane Method

Segmentation by application

Acrylic Fibres

ABS and SAN resins

Acrylamide

NBR

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ineos

Ascend performance Materials

Cornerstone

Unigel

AnQore

Saratovorgsintez Saratov

Repsol Chemicals

Petkim

Taekwang Industrial

Formosa Plastics

Shanghai Secco Petrochemical

CPDC

Anqing Petrochemical

Asahi Kasei

Jilin Petrochemical Company

Wanda Petrochemical

Shandong Qilu Petrochemical Qitai Petrochemical

Reliance Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acrylonitrile market?

What factors are driving Acrylonitrile market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acrylonitrile market opportunities vary by end market size?

How does Acrylonitrile break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.