Global Polyacrylonitrile (PAN) Market Growth 2025-2031

The global Polyacrylonitrile (PAN) market size is predicted to grow from US$ 8144 million in 2025 to US$ 9967 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Polyacrylonitrile (PAN) Industry Forecast” looks at past sales and reviews total world Polyacrylonitrile (PAN) sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyacrylonitrile (PAN) sales for 2025 through 2031. 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).

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.

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 analysing 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 by Type, by Application?

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