Global Polyacrylonitrile (PAN) Market Growth 2023-2029

Global Polyacrylonitrile (PAN) Market Growth 2023-2029

Polyacrylonitrile is a semicrystalline synthetic polymer resin (acrylic resin). Commonly abbreviated as PAN, Polyacrylonitrile’s empirical formula is (C3H3N)n. It is a hard rigid thermoplastic material that is resistant to most solvents and chemicals, slow to burn and has low permeability to gases. Polyacrylonitrile can also be carbonized for battery applications.

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

This Insight Report provides a comprehensive analysis of the global Polyacrylonitrile (PAN) 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 Polyacrylonitrile (PAN) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Polyacrylonitrile (PAN) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyacrylonitrile (PAN) 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 Polyacrylonitrile (PAN).

The global Polyacrylonitrile (PAN) market size is projected to grow from US$ 7627.4 million in 2022 to US$ 9654 million in 2029; it is expected to grow at a CAGR of 9654 from 2023 to 2029.

Global Polyacrylonitrile (PAN) key players include AKSA, Montefibre, Dralon, Mitsubishi Rayon Group, TAF, etc. Global top five manufacturers hold a share over 25%.

China is the largest market, with a share over 35%, followed by Europe, and Japan, both have a share about 40 percent.

In terms of product, Acrylic Staple Fiber is the largest segment, with a share about 55%. And in terms of application, the largest application is Filtration, followed by Textiles, Fiber-reinforced concrete, carbon fiber, etc.

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

Market Segmentation:

Segmentation by type

Acrylic Staple Fiber

Acrylic Tow

Acrylic Top

Segmentation by application

Filtration

Textiles

Precursors To Carbon Fiber

Outdoor

Fiber-reinforced Concrete

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.

AKSA

Dralon

Mitsubishi Chemical

Aditya Birla Group

Formosa Plastics Corporation

TOYOBO (Exlan)

Taekwang

Toray

Kaltex

Montefibre

Pasupati Acrylon

SGL (Fisipe)

SDF Group

Indian Acrylics

Sinopec

Jilin Chemical Fiber

CNPC

Jiangsu Zhongxin Group

Zhejiang Hangzhouwan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyacrylonitrile (PAN) market?

What factors are driving Polyacrylonitrile (PAN) market growth, globally and by region?

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

How do Polyacrylonitrile (PAN) market opportunities vary by end market size?

How does Polyacrylonitrile (PAN) 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.