Key Insights
The global acrylonitrile market, valued at $12.3 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.1% from 2025 to 2033. This expansion is fueled by the increasing demand from key end-use sectors. The building and construction industry, encompassing residential, commercial, and infrastructure projects, significantly contributes to acrylonitrile consumption, primarily due to its use in acrylonitrile butadiene styrene (ABS) and styrene-acrylonitrile (SAN) resins for pipes, fittings, and other construction materials. The automotive sector also presents a substantial market, with acrylonitrile-based polymers employed in various vehicle components. Furthermore, the packaging industry's reliance on acrylonitrile for the production of rigid and flexible packaging materials further bolsters market growth. Growth is expected to be geographically diverse, with Asia Pacific, particularly China and India, anticipated to lead the expansion due to rapid industrialization and infrastructure development. However, fluctuations in raw material prices and environmental regulations pose potential restraints to market growth. Technological advancements in production processes, aiming for improved efficiency and sustainability, are expected to shape the market landscape in the coming years.
Acrylonitrile Market Market Size (In Billion)
The market segmentation reveals a significant share held by the ABS/SAN resin application, owing to its widespread use across diverse industries. The ammoxidation process dominates the process technology segment due to its cost-effectiveness and established position. Major players like Jiangsu Shenghong Group Co Ltd, INEOS, and Ascend Performance Materials are strategically positioned to capitalize on market opportunities by investing in capacity expansion, research and development, and geographic diversification. Competition is expected to intensify, driven by innovation in production techniques and the expansion of downstream applications. The forecast period (2025-2033) is likely to witness increased focus on sustainable production methods and the exploration of new applications to meet the growing global demand for acrylonitrile.
Acrylonitrile Market Company Market Share
Acrylonitrile Market Report: 2019-2033 Forecast
This comprehensive report provides a detailed analysis of the Acrylonitrile market, offering actionable insights for industry professionals and strategic decision-makers. Covering the period from 2019 to 2033, with a focus on 2025, this report examines market dynamics, competitive landscapes, and future growth potential. The global Acrylonitrile market is projected to reach xx Billion by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033).
Acrylonitrile Market Structure & Innovation Trends
The Acrylonitrile market exhibits a moderately concentrated structure, with key players holding significant market share. Major players like Jiangsu Shenghong Group Co Ltd, INEOS, and Ascend Performance Materials collectively account for an estimated xx% of the global market. Market concentration is influenced by factors such as economies of scale in production, access to raw materials, and technological expertise.
Innovation in the Acrylonitrile market is primarily driven by the need for sustainable and more efficient production processes. The growing demand for environmentally friendly materials is prompting companies to invest in bio-based acrylonitrile production and explore alternative process technologies. Regulatory frameworks, particularly concerning environmental regulations and safety standards, play a crucial role in shaping market dynamics.
Product substitution is a minor concern, as acrylonitrile's unique properties are difficult to replicate. However, the market faces competition from alternative materials in specific applications. Mergers and acquisitions (M&A) activity within the industry has been moderate in recent years, with deal values averaging around xx Billion.
Acrylonitrile Market Dynamics & Trends
The Acrylonitrile market is experiencing robust growth, fueled by increasing demand from various end-use industries, particularly the automotive, building & construction, and packaging sectors. The expanding global infrastructure, coupled with the rise in vehicle production, is a key growth driver. Technological advancements in polymerization techniques and the development of high-performance acrylonitrile-based polymers are enhancing the material's applications. Consumer preference for durable and lightweight products further fuels market growth.
The competitive landscape is characterized by intense rivalry among established players and emerging entrants. Companies are focusing on product differentiation, technological innovation, and cost optimization to maintain their market position. The market penetration rate of bio-attributed acrylonitrile is expected to grow rapidly in the coming years, driven by increasing environmental concerns.
Dominant Regions & Segments in Acrylonitrile Market
The Asia-Pacific region is currently the dominant market for Acrylonitrile, driven by rapid industrialization and substantial infrastructure development in countries like China and India. Strong economic growth and supportive government policies are key drivers.
- Leading Segments:
- Process Technology: The Ammoxidation Process holds the largest market share due to its established efficiency and cost-effectiveness.
- Application: Acrylic fiber remains the dominant application, followed by Acrylonitrile Butadiene Styrene (ABS) / Styrene-Acrylonitrile Resin (SAN).
- End-use Industry: The building and construction sector demonstrates the highest demand, driven by extensive construction activities globally. The automotive sector is also a major consumer, owing to the increasing use of ABS and SAN in vehicle components.
Acrylonitrile Market Product Innovations
Recent innovations include the development of bio-attributed acrylonitrile, offering a more sustainable alternative. This reflects a broader industry trend towards eco-friendly materials. Improvements in polymerization techniques have resulted in polymers with enhanced properties, broadening the material’s application range. These innovations, coupled with the development of high-performance acrylonitrile-based polymers, are enhancing the material's applications across various industries.
Report Scope & Segmentation Analysis
This report segments the Acrylonitrile market by process technology (Ammoxidation Process, Other Production Processes), application (Acrylic Fiber, ABS/SAN, Acrylamide, NBR, Other Applications), and end-use industry (Building & Construction, Automotive, Packaging, Electrical & Electronics, Medical & Pharmaceuticals, Textiles, Others). Each segment’s market size, growth projections, and competitive landscape are analyzed in detail, providing a comprehensive view of the market dynamics. The market is projected to witness significant growth across all segments, with the highest growth anticipated in the emerging markets. Competitive dynamics within each segment are influenced by factors such as production capacity, technological capabilities, and pricing strategies.
Key Drivers of Acrylonitrile Market Growth
Key growth drivers include the expanding global infrastructure, rising vehicle production, and growing demand for durable and lightweight materials. Technological advancements, such as the development of bio-based acrylonitrile, also contribute to market growth. Favorable economic conditions and supportive government policies in key regions further accelerate market expansion. The increasing use of acrylonitrile-based polymers in high-growth industries, such as electronics and renewable energy, also boosts market demand.
Challenges in the Acrylonitrile Market Sector
The Acrylonitrile market faces challenges such as volatile raw material prices, stringent environmental regulations, and intense competition. Supply chain disruptions and fluctuations in energy costs can impact production costs and profitability. Meeting increasingly stringent environmental standards adds to the operational complexity and cost. The presence of established players with significant market share poses competitive challenges for new entrants.
Emerging Opportunities in Acrylonitrile Market
Emerging opportunities lie in the development and adoption of sustainable and bio-based acrylonitrile, catering to the growing demand for eco-friendly materials. Expanding applications in high-growth sectors, such as electric vehicles and renewable energy, present significant growth potential. Further, exploration of new markets and partnerships with downstream manufacturers could unlock new revenue streams for market players.
Leading Players in the Acrylonitrile Market Market
- Jiangsu Shenghong Group Co Ltd
- INEOS
- Ascend Performance Materials
- China Petrochemical Development Corporation
- Cornerstone Chemical Company
- Taekwang Industrial Co Ltd
- AnQore
- Asahi Kasei Advance Corporation
- Formosa Plastics Corp
- China Petroleum & Chemical Corporation (SINOPEC)
- PetroChina (CNPC)
- SOCAR (Petkim Petrokimya Holding A)
Key Developments in Acrylonitrile Market Industry
- February 2024: The Mitsubishi Chemical Group announced the discontinuation of MMA monomer production and a shift towards acrylonitrile and its derivatives. This signals a strategic realignment within the chemical industry.
- November 2023: China Petrochemical Development Corp resumed production at two acrylonitrile lines, indicating a recovery in supply after a potential disruption.
- June 2023: INEOS Nitriles launched its first bio-attributed acrylonitrile product line, signifying a significant step towards sustainable production and catering to the growing demand for eco-friendly alternatives.
- February 2023: Sumitomo Chemical Co. Ltd obtained ISCC PLUS certification for its acrylonitrile, enhancing its sustainability credentials and market appeal.
Future Outlook for Acrylonitrile Market Market
The Acrylonitrile market is poised for continued growth, driven by increasing demand from various end-use sectors, technological advancements, and the growing adoption of sustainable production methods. Strategic partnerships, expansion into new markets, and investment in research and development will be crucial for companies to maintain a competitive edge and capitalize on the market's growth potential. The increasing focus on sustainability and environmental regulations will further shape the market's trajectory.
Acrylonitrile Market Segmentation
-
1. Process Technology
- 1.1. Ammoxidation Process
- 1.2. Other Production Processes
-
2. Application
- 2.1. Acrylic Fiber
- 2.2. Acryloni
- 2.3. Acrylamide
- 2.4. Nitrile Butadiene Rubber (NBR)
- 2.5. Other Applications
Acrylonitrile Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. Italy
- 3.4. France
- 3.5. Russia
- 3.6. Rest of Europe
-
4. Latin America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Colombia
- 4.4. Rest of Latin America
- 5. Middle East and Africa
Acrylonitrile Market Regional Market Share
Geographic Coverage of Acrylonitrile Market
Acrylonitrile Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.1% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand for Acrylonitrile Butadiene Styrene (ABS) in the Automotive and Construction Industries; Growing Textile Industry
- 3.3. Market Restrains
- 3.3.1. Toxicity and Regulations of Acrylonitrile; Other Restraints
- 3.4. Market Trends
- 3.4.1. The Demand for Acrylonitrile for Acrylonitrile Butadiene Styrene (ABS) is Rising
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Acrylonitrile Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Process Technology
- 5.1.1. Ammoxidation Process
- 5.1.2. Other Production Processes
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Acrylic Fiber
- 5.2.2. Acryloni
- 5.2.3. Acrylamide
- 5.2.4. Nitrile Butadiene Rubber (NBR)
- 5.2.5. Other Applications
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.3.2. North America
- 5.3.3. Europe
- 5.3.4. Latin America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Process Technology
- 6. Asia Pacific Acrylonitrile Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Process Technology
- 6.1.1. Ammoxidation Process
- 6.1.2. Other Production Processes
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Acrylic Fiber
- 6.2.2. Acryloni
- 6.2.3. Acrylamide
- 6.2.4. Nitrile Butadiene Rubber (NBR)
- 6.2.5. Other Applications
- 6.1. Market Analysis, Insights and Forecast - by Process Technology
- 7. North America Acrylonitrile Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Process Technology
- 7.1.1. Ammoxidation Process
- 7.1.2. Other Production Processes
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Acrylic Fiber
- 7.2.2. Acryloni
- 7.2.3. Acrylamide
- 7.2.4. Nitrile Butadiene Rubber (NBR)
- 7.2.5. Other Applications
- 7.1. Market Analysis, Insights and Forecast - by Process Technology
- 8. Europe Acrylonitrile Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Process Technology
- 8.1.1. Ammoxidation Process
- 8.1.2. Other Production Processes
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Acrylic Fiber
- 8.2.2. Acryloni
- 8.2.3. Acrylamide
- 8.2.4. Nitrile Butadiene Rubber (NBR)
- 8.2.5. Other Applications
- 8.1. Market Analysis, Insights and Forecast - by Process Technology
- 9. Latin America Acrylonitrile Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Process Technology
- 9.1.1. Ammoxidation Process
- 9.1.2. Other Production Processes
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Acrylic Fiber
- 9.2.2. Acryloni
- 9.2.3. Acrylamide
- 9.2.4. Nitrile Butadiene Rubber (NBR)
- 9.2.5. Other Applications
- 9.1. Market Analysis, Insights and Forecast - by Process Technology
- 10. Middle East and Africa Acrylonitrile Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Process Technology
- 10.1.1. Ammoxidation Process
- 10.1.2. Other Production Processes
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Acrylic Fiber
- 10.2.2. Acryloni
- 10.2.3. Acrylamide
- 10.2.4. Nitrile Butadiene Rubber (NBR)
- 10.2.5. Other Applications
- 10.1. Market Analysis, Insights and Forecast - by Process Technology
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Jiangsu Shenghong Group Co Ltd
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 INEOS
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Ascend Performance Materials
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 China Petrochemical Development Corporation
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Cornerstone Chemical Company
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Taekwang Industrial Co Ltd
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 AnQore
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Asahi Kasei Advance Corporation
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Formosa Plastics Corp
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 China Petroleum & Chemical Corporation (SINOPEC)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 PetroChina (CNPC)
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 SOCAR (Petkim Petrokimya Holding A)
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.1 Jiangsu Shenghong Group Co Ltd
List of Figures
- Figure 1: Global Acrylonitrile Market Revenue Breakdown (Billion, %) by Region 2025 & 2033
- Figure 2: Global Acrylonitrile Market Volume Breakdown (K Tons, %) by Region 2025 & 2033
- Figure 3: Asia Pacific Acrylonitrile Market Revenue (Billion), by Process Technology 2025 & 2033
- Figure 4: Asia Pacific Acrylonitrile Market Volume (K Tons), by Process Technology 2025 & 2033
- Figure 5: Asia Pacific Acrylonitrile Market Revenue Share (%), by Process Technology 2025 & 2033
- Figure 6: Asia Pacific Acrylonitrile Market Volume Share (%), by Process Technology 2025 & 2033
- Figure 7: Asia Pacific Acrylonitrile Market Revenue (Billion), by Application 2025 & 2033
- Figure 8: Asia Pacific Acrylonitrile Market Volume (K Tons), by Application 2025 & 2033
- Figure 9: Asia Pacific Acrylonitrile Market Revenue Share (%), by Application 2025 & 2033
- Figure 10: Asia Pacific Acrylonitrile Market Volume Share (%), by Application 2025 & 2033
- Figure 11: Asia Pacific Acrylonitrile Market Revenue (Billion), by Country 2025 & 2033
- Figure 12: Asia Pacific Acrylonitrile Market Volume (K Tons), by Country 2025 & 2033
- Figure 13: Asia Pacific Acrylonitrile Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: Asia Pacific Acrylonitrile Market Volume Share (%), by Country 2025 & 2033
- Figure 15: North America Acrylonitrile Market Revenue (Billion), by Process Technology 2025 & 2033
- Figure 16: North America Acrylonitrile Market Volume (K Tons), by Process Technology 2025 & 2033
- Figure 17: North America Acrylonitrile Market Revenue Share (%), by Process Technology 2025 & 2033
- Figure 18: North America Acrylonitrile Market Volume Share (%), by Process Technology 2025 & 2033
- Figure 19: North America Acrylonitrile Market Revenue (Billion), by Application 2025 & 2033
- Figure 20: North America Acrylonitrile Market Volume (K Tons), by Application 2025 & 2033
- Figure 21: North America Acrylonitrile Market Revenue Share (%), by Application 2025 & 2033
- Figure 22: North America Acrylonitrile Market Volume Share (%), by Application 2025 & 2033
- Figure 23: North America Acrylonitrile Market Revenue (Billion), by Country 2025 & 2033
- Figure 24: North America Acrylonitrile Market Volume (K Tons), by Country 2025 & 2033
- Figure 25: North America Acrylonitrile Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: North America Acrylonitrile Market Volume Share (%), by Country 2025 & 2033
- Figure 27: Europe Acrylonitrile Market Revenue (Billion), by Process Technology 2025 & 2033
- Figure 28: Europe Acrylonitrile Market Volume (K Tons), by Process Technology 2025 & 2033
- Figure 29: Europe Acrylonitrile Market Revenue Share (%), by Process Technology 2025 & 2033
- Figure 30: Europe Acrylonitrile Market Volume Share (%), by Process Technology 2025 & 2033
- Figure 31: Europe Acrylonitrile Market Revenue (Billion), by Application 2025 & 2033
- Figure 32: Europe Acrylonitrile Market Volume (K Tons), by Application 2025 & 2033
- Figure 33: Europe Acrylonitrile Market Revenue Share (%), by Application 2025 & 2033
- Figure 34: Europe Acrylonitrile Market Volume Share (%), by Application 2025 & 2033
- Figure 35: Europe Acrylonitrile Market Revenue (Billion), by Country 2025 & 2033
- Figure 36: Europe Acrylonitrile Market Volume (K Tons), by Country 2025 & 2033
- Figure 37: Europe Acrylonitrile Market Revenue Share (%), by Country 2025 & 2033
- Figure 38: Europe Acrylonitrile Market Volume Share (%), by Country 2025 & 2033
- Figure 39: Latin America Acrylonitrile Market Revenue (Billion), by Process Technology 2025 & 2033
- Figure 40: Latin America Acrylonitrile Market Volume (K Tons), by Process Technology 2025 & 2033
- Figure 41: Latin America Acrylonitrile Market Revenue Share (%), by Process Technology 2025 & 2033
- Figure 42: Latin America Acrylonitrile Market Volume Share (%), by Process Technology 2025 & 2033
- Figure 43: Latin America Acrylonitrile Market Revenue (Billion), by Application 2025 & 2033
- Figure 44: Latin America Acrylonitrile Market Volume (K Tons), by Application 2025 & 2033
- Figure 45: Latin America Acrylonitrile Market Revenue Share (%), by Application 2025 & 2033
- Figure 46: Latin America Acrylonitrile Market Volume Share (%), by Application 2025 & 2033
- Figure 47: Latin America Acrylonitrile Market Revenue (Billion), by Country 2025 & 2033
- Figure 48: Latin America Acrylonitrile Market Volume (K Tons), by Country 2025 & 2033
- Figure 49: Latin America Acrylonitrile Market Revenue Share (%), by Country 2025 & 2033
- Figure 50: Latin America Acrylonitrile Market Volume Share (%), by Country 2025 & 2033
- Figure 51: Middle East and Africa Acrylonitrile Market Revenue (Billion), by Process Technology 2025 & 2033
- Figure 52: Middle East and Africa Acrylonitrile Market Volume (K Tons), by Process Technology 2025 & 2033
- Figure 53: Middle East and Africa Acrylonitrile Market Revenue Share (%), by Process Technology 2025 & 2033
- Figure 54: Middle East and Africa Acrylonitrile Market Volume Share (%), by Process Technology 2025 & 2033
- Figure 55: Middle East and Africa Acrylonitrile Market Revenue (Billion), by Application 2025 & 2033
- Figure 56: Middle East and Africa Acrylonitrile Market Volume (K Tons), by Application 2025 & 2033
- Figure 57: Middle East and Africa Acrylonitrile Market Revenue Share (%), by Application 2025 & 2033
- Figure 58: Middle East and Africa Acrylonitrile Market Volume Share (%), by Application 2025 & 2033
- Figure 59: Middle East and Africa Acrylonitrile Market Revenue (Billion), by Country 2025 & 2033
- Figure 60: Middle East and Africa Acrylonitrile Market Volume (K Tons), by Country 2025 & 2033
- Figure 61: Middle East and Africa Acrylonitrile Market Revenue Share (%), by Country 2025 & 2033
- Figure 62: Middle East and Africa Acrylonitrile Market Volume Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Acrylonitrile Market Revenue Billion Forecast, by Process Technology 2020 & 2033
- Table 2: Global Acrylonitrile Market Volume K Tons Forecast, by Process Technology 2020 & 2033
- Table 3: Global Acrylonitrile Market Revenue Billion Forecast, by Application 2020 & 2033
- Table 4: Global Acrylonitrile Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 5: Global Acrylonitrile Market Revenue Billion Forecast, by Region 2020 & 2033
- Table 6: Global Acrylonitrile Market Volume K Tons Forecast, by Region 2020 & 2033
- Table 7: Global Acrylonitrile Market Revenue Billion Forecast, by Process Technology 2020 & 2033
- Table 8: Global Acrylonitrile Market Volume K Tons Forecast, by Process Technology 2020 & 2033
- Table 9: Global Acrylonitrile Market Revenue Billion Forecast, by Application 2020 & 2033
- Table 10: Global Acrylonitrile Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 11: Global Acrylonitrile Market Revenue Billion Forecast, by Country 2020 & 2033
- Table 12: Global Acrylonitrile Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 13: China Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 14: China Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 15: India Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 16: India Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 17: Japan Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 18: Japan Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 19: South Korea Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 20: South Korea Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 21: Rest of Asia Pacific Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 22: Rest of Asia Pacific Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 23: Global Acrylonitrile Market Revenue Billion Forecast, by Process Technology 2020 & 2033
- Table 24: Global Acrylonitrile Market Volume K Tons Forecast, by Process Technology 2020 & 2033
- Table 25: Global Acrylonitrile Market Revenue Billion Forecast, by Application 2020 & 2033
- Table 26: Global Acrylonitrile Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 27: Global Acrylonitrile Market Revenue Billion Forecast, by Country 2020 & 2033
- Table 28: Global Acrylonitrile Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 29: United States Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 30: United States Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 31: Canada Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 32: Canada Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 33: Global Acrylonitrile Market Revenue Billion Forecast, by Process Technology 2020 & 2033
- Table 34: Global Acrylonitrile Market Volume K Tons Forecast, by Process Technology 2020 & 2033
- Table 35: Global Acrylonitrile Market Revenue Billion Forecast, by Application 2020 & 2033
- Table 36: Global Acrylonitrile Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 37: Global Acrylonitrile Market Revenue Billion Forecast, by Country 2020 & 2033
- Table 38: Global Acrylonitrile Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 39: Germany Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 40: Germany Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 41: United Kingdom Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 42: United Kingdom Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 43: Italy Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 44: Italy Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 45: France Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 46: France Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 47: Russia Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 48: Russia Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 49: Rest of Europe Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 50: Rest of Europe Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 51: Global Acrylonitrile Market Revenue Billion Forecast, by Process Technology 2020 & 2033
- Table 52: Global Acrylonitrile Market Volume K Tons Forecast, by Process Technology 2020 & 2033
- Table 53: Global Acrylonitrile Market Revenue Billion Forecast, by Application 2020 & 2033
- Table 54: Global Acrylonitrile Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 55: Global Acrylonitrile Market Revenue Billion Forecast, by Country 2020 & 2033
- Table 56: Global Acrylonitrile Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 57: Brazil Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 58: Brazil Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 59: Argentina Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 60: Argentina Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 61: Colombia Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 62: Colombia Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 63: Rest of Latin America Acrylonitrile Market Revenue (Billion) Forecast, by Application 2020 & 2033
- Table 64: Rest of Latin America Acrylonitrile Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 65: Global Acrylonitrile Market Revenue Billion Forecast, by Process Technology 2020 & 2033
- Table 66: Global Acrylonitrile Market Volume K Tons Forecast, by Process Technology 2020 & 2033
- Table 67: Global Acrylonitrile Market Revenue Billion Forecast, by Application 2020 & 2033
- Table 68: Global Acrylonitrile Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 69: Global Acrylonitrile Market Revenue Billion Forecast, by Country 2020 & 2033
- Table 70: Global Acrylonitrile Market Volume K Tons Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Acrylonitrile Market?
The projected CAGR is approximately 4.1%.
2. Which companies are prominent players in the Acrylonitrile Market?
Key companies in the market include Jiangsu Shenghong Group Co Ltd, INEOS, Ascend Performance Materials, China Petrochemical Development Corporation, Cornerstone Chemical Company, Taekwang Industrial Co Ltd, AnQore, Asahi Kasei Advance Corporation, Formosa Plastics Corp, China Petroleum & Chemical Corporation (SINOPEC), PetroChina (CNPC), SOCAR (Petkim Petrokimya Holding A).
3. What are the main segments of the Acrylonitrile Market?
The market segments include Process Technology, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 12.3 Billion as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Acrylonitrile Butadiene Styrene (ABS) in the Automotive and Construction Industries; Growing Textile Industry.
6. What are the notable trends driving market growth?
The Demand for Acrylonitrile for Acrylonitrile Butadiene Styrene (ABS) is Rising.
7. Are there any restraints impacting market growth?
Toxicity and Regulations of Acrylonitrile; Other Restraints.
8. Can you provide examples of recent developments in the market?
February 2024: The Mitsubishi Chemical Group announced the discontinuation of MMA monomer production by the ACH process and the production of acrylonitrile and acrylonitrile derivatives at the Mitsubishi Chemical Hiroshima Plant (Otake City, Hiroshima Prefecture).
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Billion and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Acrylonitrile Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Acrylonitrile Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Acrylonitrile Market?
To stay informed about further developments, trends, and reports in the Acrylonitrile Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
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Secondary Research
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These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence