Industry Overview
The Acrylonitrile is at USD 5.5Billion in 2023 and is expected to reach 12Billion by 2031. The Acrylonitrile is driven by increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and global trade.Acrylonitrile Market Size in (USD Billion) CAGR Growth Rate 10%
| Study Period | 2019-2031 |
| Market Size (2023): | 5.5Billion |
| Market Size (2031): | 12Billion |
| CAGR (2023 - 2031): | 10% |
| Fastest Growing Region | Europe |
| Dominating Region | North America |
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Acrylonitrile is a type of raw material used in the acrylic fiber and ABS plastic. The leading market players such as CPDC are developing field-leading technology for production, this makes them strengthen their position in the market. Basically, it is a clear and colorless liquid with a slightly pungent odor. In the current market situation, the demand is increasing with various applications in healthcare and food. As its major raw material supply comes from China region, but after this COVID-19 pandemic the major effect on the supply-demand dynamics. Its major area of production is the European Union, the United States, and Japan.
Competitive landscape
The key players in the Acrylonitrile are intensifying their focus on research and development (R&D) activities to innovate and stay competitive. Major companies, such as Ineos (United Kingdom), Asahi Kasei (Japan), China National Petroleum Corporation (CNPC) (China), Ascend Performance Materials (United States), Sinopec Group (China), Formosa Plastics (Taiwan), DSM (Netherlands), Tae Kwang Industrial (Korea), CPDC (Taiwan), Solvay S.A. (Cytec Industries) (Belgium), Mitsubishi Rayon (Japan), LUKOIL (Russia), Repsol YPF (Spain), are heavily investing in R&D to develop new products and improve existing ones. This strategic emphasis on innovation is driving significant advancements in chemical manufacturing processes and the introduction of sustainable and eco-friendly products.Moreover, these established industry leaders are actively pursuing acquisitions of smaller companies to expand their regional presence and enhance their market share. These acquisitions not only help in diversifying their product portfolios but also provide access to new technologies and markets. This consolidation trend is a critical factor in the growth of the Acrylonitrile , as it enables larger companies to streamline operations, reduce costs, and increase their competitive edge.
In addition to R&D and acquisitions, there is a notable shift towards green investments among key players in the Acrylonitrile . Companies are increasingly committing resources to sustainable practices and the development of environmentally friendly products. This green investment is in response to growing consumer demand for sustainable solutions and stringent environmental regulations. By prioritizing sustainability, these companies are not only contributing to environmental protection but also positioning themselves as leaders in the green chemistry movement, thereby fueling market growth.
Key Players
The companies highlighted in this profile were selected based on insights from primary experts and an evaluation of their market penetration, product offerings, and geographical reach:- Ineos (United Kingdom)
- Asahi Kasei (Japan)
- China National Petroleum Corporation (CNPC) (China)
- Ascend Performance Materials (United States)
- Sinopec Group (China)
- Formosa Plastics (Taiwan)
- DSM (Netherlands)
- Tae Kwang Industrial (Korea)
- CPDC (Taiwan)
- Solvay S.A. (Cytec Industries) (Belgium)
- Mitsubishi Rayon (Japan)
- LUKOIL (Russia)
- Repsol YPF (Spain)
Acrylonitrile Market Segmentation by Players
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Acrylonitrile Dynamics
Driving Factor
The Acrylonitrile is propelled by several key drivers, including the demand from diverse industrial sectors such as automotive, construction, and pharmaceuticals. Technological advancements and continuous innovation in chemical processes enhance efficiency and open new market opportunities. Economic growth, particularly in emerging markets, along with rapid urbanization and population growth, increases the need for chemicals in infrastructure and consumer goods. Additionally, stricter environmental regulations and the push for sustainable products drive the development of green chemicals. Global trade, raw material availability, and investments in research and development further shape the industry's growth, while supportive government policies and evolving consumer trends also play crucial roles.
- Development In The European Plastics Industry Including Plastics Raw Material Providers
- Plastic Converters
- And Others
- Growing Demand For The Automotive And Healthcare Industry
- Rising Demand For The Acrylic Fibers From Fashion Industry
The Acrylonitrile faces several challenges and restraining factors, including stringent environmental regulations that increase operational costs and complexity. Fluctuating raw material prices and availability can impact production expenses while growing health and safety concerns necessitate significant investments in compliance measures. Additionally, the push for sustainability requires costly reforms and green technologies. Economic uncertainty, supply chain disruptions, and rapid technological advancements further complicate market dynamics. Geopolitical instability and intellectual property risks also pose significant threats, while market saturation in mature regions pressures profit margins and limits growth opportunities.
- Sourcing
The Acrylonitrile presents numerous opportunities for growth and innovation. Emerging trends in sustainability offer significant prospects for developing green and eco-friendly products, which are increasingly demanded by consumers and regulated by governments. Advancements in technology, such as digitalization and automation, provide opportunities for improving efficiency and reducing costs in chemical production. Expansion into emerging markets and developing regions presents a chance for companies to tap into new customer bases and increase their market share. Additionally, ongoing investments in research and development pave the way for innovations in specialty chemicals and advanced materials. Collaborations and partnerships within the industry can also drive growth by leveraging complementary strengths and accessing new technologies and markets.
- Increase Investment In Research And Development Initiatives
- Development In Chemical Industry
Key trends in the Acrylonitrile include a focus on sustainability and green chemistry, driven by environmental regulations and consumer demand. Digital transformation is enhancing efficiency through AI and automation, while advanced materials are being developed for various industries. The shift towards a circular economy promotes recycling and reuse, and personalized medicine is increasing demand for specialty chemicals. Investments in renewable energy create new opportunities, and emerging markets offer growth potential. Evolving regulations and consumer preferences for sustainable products are influencing innovation, and supply chain advancements are improving efficiency. These trends are reshaping the chemical industry and driving its growth.
- Sustainability
- Innovation
Regulatory Framework
Several regulatory bodies oversee the chemical industry globally to ensure safety, environmental protection, and compliance with standards. Notable among these are the Environmental Protection Agency (EPA) in the United States, the European Chemicals Agency (ECHA) in the European Union, and the Occupational Safety and Health Administration (OSHA) in the United States. Other significant entities include the Health and Safety Executive (HSE) in the United Kingdom, the National Institute of Chemical Safety (NICS) in South Korea, and the Ministry of Environmental Protection (MEP) in China.Additionally, the National Industrial Chemicals Notification and Assessment Scheme (NICNAS) in Australia, the Japan Chemical Industry Association (JCIA), the Canadian Environmental Protection Act (CEPA), and the Central Pollution Control Board (CPCB) in India play crucial roles. These organizations establish regulations, conduct inspections, and enforce compliance to ensure the safe production, handling, and disposal of chemicals.
Regional Insight
The North America leads the market share, largely due to rising consumption, a growing population, and strong economic momentum that boosts demand. In contrast, the Europe is emerging as the fastest-growing area, driven by rapid infrastructure development, the expansion of industrial sectors, and heightened consumer demand, making it a critical factor for future market growth. The regions covered in the report are:Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Europe
Dominating Region
North America
Market Segmentation
Segmentation by Type
- High-purity
- Industrial-grade
- Biopolymer
- Acrylic
Acrylonitrile Market Segmentation by Type
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Segmentation by Application
- Automotive
- Chemicals
- Construction
- Textiles
- Manufacturing
Acrylonitrile Market Segmentation by Application
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Research Methodology
The research methodology involves several key steps to ensure comprehensive and accurate insights. First, the objectives of the research are clearly defined, focusing on aspects such as market size, growth trends, and competitive dynamics. Data collection is conducted through both primary and secondary methods. Primary research includes interviews with industry experts, surveys, and focus groups to gather first-hand information, while secondary research involves analyzing existing reports, government publications, and company filings.The collected data is then subjected to rigorous analysis, with quantitative methods used to evaluate market size and trends, and qualitative methods applied to understand industry dynamics and consumer behavior. Findings are compiled into a detailed report featuring key insights, data visualizations, and strategic recommendations. Validation is achieved through data verification and peer reviews to ensure accuracy.
Finally, the research concludes with actionable insights and recommendations, along with suggestions for future studies to address emerging trends and gaps. This methodology provides a structured approach to understanding the {keywords} and guiding strategic decisions.
Report Details
| Report Features | Details |
| Base Year | 2023 |
| Based Year Market Size (2023) | 5.5Billion |
| Historical Period | 2019 to 2023 |
| CAGR (2023 to 2031) | 10% |
| Forecast Period | 2025 to 2031 |
| Forecasted Period Market Size (2031) | 12Billion |
| Scope of the Report | High-purity, Industrial-grade, Biopolymer, Acrylic, Automotive, Chemicals, Construction, Textiles, Manufacturing |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | Ineos (United Kingdom), Asahi Kasei (Japan), China National Petroleum Corporation (CNPC) (China), Ascend Performance Materials (United States), Sinopec Group (China), Formosa Plastics (Taiwan), DSM (Netherlands), Tae Kwang Industrial (Korea), CPDC (Taiwan), Solvay S.A. (Cytec Industries) (Belgium), Mitsubishi Rayon (Japan), LUKOIL (Russia), Repsol YPF (Spain) |
| Customization Scope | 15% Free Customization |
| Delivery Format | PDF and Excel through Email |
Acrylonitrile - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Acrylonitrile Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Acrylonitrile Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Acrylonitrile Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Development in the European Plastics Industry Including Plastics Raw Material Providers
- 3.1.2 Plastic Converters
- 3.1.3 and Others
- 3.1.4 Growing Demand for the Automotive and Healthcare Industry
- 3.1.5 Rising Demand for the Acrylic Fibers from Fashion Industry
-
3.2 Available Opportunities
- 3.2.1 Increase Investment in Research and Development Initiatives
- 3.2.2 Development in Chemical Industry
- 3.2.3
-
3.3 Influencing Trends
- 3.3.1 Sustainability
- 3.3.2 Innovation
- 3.3.3 Durability
-
3.4 Challenges
- 3.4.1 Sourcing
- 3.4.2 Cost
- 3.5 Regional Dynamics
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Chapter 4 : Global Acrylonitrile Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Acrylonitrile Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Acrylonitrile : Competition Benchmarking & Performance Evaluation
- 5.1 Global Acrylonitrile Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Acrylonitrile Revenue 2023
- 5.3 Global Acrylonitrile Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Strategic Group Analysis
- 5.6 5C’s Analysis
Chapter 6: Global Acrylonitrile Market: Company Profiles
- 6.1 Ineos (United Kingdom)
- 6.1.1 Ineos (United Kingdom) Company Overview
- 6.1.2 Ineos (United Kingdom) Product/Service Portfolio & Specifications
- 6.1.3 Ineos (United Kingdom) Key Financial Metrics
- 6.1.4 Ineos (United Kingdom) SWOT Analysis
- 6.1.5 Ineos (United Kingdom) Development Activities
- 6.2 Asahi Kasei (Japan)
- 6.3 China National Petroleum Corporation (CNPC) (China)
- 6.4 Ascend Performance Materials (United States)
- 6.5 Sinopec Group (China)
- 6.6 Formosa Plastics (Taiwan)
- 6.7 DSM (Netherlands)
- 6.8 Tae Kwang Industrial (Korea)
- 6.9 CPDC (Taiwan)
- 6.10 Solvay S.A. (Cytec Industries) (Belgium)
- 6.11 Mitsubishi Rayon (Japan)
- 6.12 LUKOIL (Russia)
- 6.13 Repsol YPF (Spain)
- 6.14
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Chapter 7 : Global Acrylonitrile by Type & Application (2019-2031)
-
7.1 Global Acrylonitrile Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 High-purity
- 7.1.2 Industrial-grade
- 7.1.3 Biopolymer
- 7.1.4 Acrylic
- 7.1.5 Organic
-
7.2 Global Acrylonitrile Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Automotive
- 7.2.2 Chemicals
- 7.2.3 Construction
- 7.2.4 Textiles
- 7.2.5 Manufacturing
- 7.3 Global Acrylonitrile Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Acrylonitrile Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Acrylonitrile Market Breakdown by Country, Type & Application
- 8.1 North America Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 High-purity
- 8.2.2 Industrial-grade
- 8.2.3 Biopolymer
- 8.2.4 Acrylic
- 8.2.5 Organic
-
8.3 North America Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Automotive
- 8.3.2 Chemicals
- 8.3.3 Construction
- 8.3.4 Textiles
- 8.3.5 Manufacturing
- 8.4 North America Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Chapter 9 : LATAM Acrylonitrile Market Breakdown by Country, Type & Application
- 9.1 LATAM Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 High-purity
- 9.2.2 Industrial-grade
- 9.2.3 Biopolymer
- 9.2.4 Acrylic
- 9.2.5 Organic
-
9.3 LATAM Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Automotive
- 9.3.2 Chemicals
- 9.3.3 Construction
- 9.3.4 Textiles
- 9.3.5 Manufacturing
- 9.4 LATAM Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Acrylonitrile Market Breakdown by Country, Type & Application
- 10.1 West Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 High-purity
- 10.2.2 Industrial-grade
- 10.2.3 Biopolymer
- 10.2.4 Acrylic
- 10.2.5 Organic
-
10.3 West Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Automotive
- 10.3.2 Chemicals
- 10.3.3 Construction
- 10.3.4 Textiles
- 10.3.5 Manufacturing
- 10.4 West Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Acrylonitrile Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 High-purity
- 11.2.2 Industrial-grade
- 11.2.3 Biopolymer
- 11.2.4 Acrylic
- 11.2.5 Organic
-
11.3 Central & Eastern Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Automotive
- 11.3.2 Chemicals
- 11.3.3 Construction
- 11.3.4 Textiles
- 11.3.5 Manufacturing
- 11.4 Central & Eastern Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Acrylonitrile Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 High-purity
- 12.2.2 Industrial-grade
- 12.2.3 Biopolymer
- 12.2.4 Acrylic
- 12.2.5 Organic
-
12.3 Northern Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Automotive
- 12.3.2 Chemicals
- 12.3.3 Construction
- 12.3.4 Textiles
- 12.3.5 Manufacturing
- 12.4 Northern Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Acrylonitrile Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 High-purity
- 13.2.2 Industrial-grade
- 13.2.3 Biopolymer
- 13.2.4 Acrylic
- 13.2.5 Organic
-
13.3 Southern Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Automotive
- 13.3.2 Chemicals
- 13.3.3 Construction
- 13.3.4 Textiles
- 13.3.5 Manufacturing
- 13.4 Southern Europe Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Acrylonitrile Market Breakdown by Country, Type & Application
- 14.1 East Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 High-purity
- 14.2.2 Industrial-grade
- 14.2.3 Biopolymer
- 14.2.4 Acrylic
- 14.2.5 Organic
-
14.3 East Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Automotive
- 14.3.2 Chemicals
- 14.3.3 Construction
- 14.3.4 Textiles
- 14.3.5 Manufacturing
- 14.4 East Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Acrylonitrile Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 High-purity
- 15.2.2 Industrial-grade
- 15.2.3 Biopolymer
- 15.2.4 Acrylic
- 15.2.5 Organic
-
15.3 Southeast Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Automotive
- 15.3.2 Chemicals
- 15.3.3 Construction
- 15.3.4 Textiles
- 15.3.5 Manufacturing
- 15.4 Southeast Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Acrylonitrile Market Breakdown by Country, Type & Application
- 16.1 South Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 High-purity
- 16.2.2 Industrial-grade
- 16.2.3 Biopolymer
- 16.2.4 Acrylic
- 16.2.5 Organic
-
16.3 South Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Automotive
- 16.3.2 Chemicals
- 16.3.3 Construction
- 16.3.4 Textiles
- 16.3.5 Manufacturing
- 16.4 South Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Acrylonitrile Market Breakdown by Country, Type & Application
- 17.1 Central Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 High-purity
- 17.2.2 Industrial-grade
- 17.2.3 Biopolymer
- 17.2.4 Acrylic
- 17.2.5 Organic
-
17.3 Central Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Automotive
- 17.3.2 Chemicals
- 17.3.3 Construction
- 17.3.4 Textiles
- 17.3.5 Manufacturing
- 17.4 Central Asia Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Acrylonitrile Market Breakdown by Country, Type & Application
- 18.1 Oceania Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 High-purity
- 18.2.2 Industrial-grade
- 18.2.3 Biopolymer
- 18.2.4 Acrylic
- 18.2.5 Organic
-
18.3 Oceania Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Automotive
- 18.3.2 Chemicals
- 18.3.3 Construction
- 18.3.4 Textiles
- 18.3.5 Manufacturing
- 18.4 Oceania Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Acrylonitrile Market Breakdown by Country, Type & Application
- 19.1 MEA Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 High-purity
- 19.2.2 Industrial-grade
- 19.2.3 Biopolymer
- 19.2.4 Acrylic
- 19.2.5 Organic
-
19.3 MEA Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Automotive
- 19.3.2 Chemicals
- 19.3.3 Construction
- 19.3.4 Textiles
- 19.3.5 Manufacturing
- 19.4 MEA Acrylonitrile Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Acrylonitrile Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Acrylonitrile Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
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21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
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21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global Acrylonitrile market size surpassed 5.5Billion in 2023 and will expand at a CAGR of 10% between 2023 and 2031.
According to the report,the Acrylonitrile Industry size is projected to reach 12Billion, exhibiting a CAGR of 10% by 2031.
Some of the prominent trends that are influencing and driving the growth of Global Acrylonitrile Market are Sustainability, Innovation, Durability
The leaders in the Global Acrylonitrile Market such as Ineos (United Kingdom), Asahi Kasei (Japan), China National Petroleum Corporation (CNPC) (China), Ascend Performance Materials (United States), Sinopec Group (China), Formosa Plastics (Taiwan), DSM (Netherlands), Tae Kwang Industrial (Korea), CPDC (Taiwan), Solvay S.A. (Cytec Industries) (Belgium), Mitsubishi Rayon (Japan), LUKOIL (Russia), Repsol YPF (Spain), are targeting innovative and differentiated growth drivers some of them are Development In The European Plastics Industry Including Plastics Raw Material Providers, Plastic Converters, And Others,,
Growing Demand For The Automotive And Healthcare Industry,,
Rising Demand For The Acrylic Fibers From Fashion Industry,,
As Industry players prepare to scale up, Acrylonitrile Market sees major concern such as Sourcing, Cost.
The market opportunity is clear from the flow of investment into Global Acrylonitrile Market, some of them are Increase Investment In Research And Development Initiatives,,
Development In Chemical Industry,,
.
New entrants, including competitors from unrelated industries along with players such as Ineos (United Kingdom), Asahi Kasei (Japan), China National Petroleum Corporation (CNPC) (China), Ascend Performance Materials (United States), Sinopec Group (China), Formosa Plastics (Taiwan), DSM (Netherlands), Tae Kwang Industrial (Korea), CPDC (Taiwan), Solvay S.A. (Cytec Industries) (Belgium), Mitsubishi Rayon (Japan), LUKOIL (Russia), Repsol YPF (Spain), Instituting a robust process in Global Acrylonitrile Market.
Research paper of Global Acrylonitrile Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Automotive, Chemicals, Construction, Textiles, Manufacturing.
The Global Acrylonitrile Market Study is segmented by High-purity, Industrial-grade, Biopolymer, Acrylic, Organic.
The Global Acrylonitrile Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - 2023; Base year: 2023; Forecast period: 2025 to 2031
Acrylonitrile is a type of raw material used in the acrylic fiber and ABS plastic. The leading market players such as CPDC are developing field-leading technology for production, this makes them strengthen their position in the market. Basically, it is a clear and colorless liquid with a slightly pungent odor. In the current market situation, the demand is increasing with various applications in healthcare and food. As its major raw material supply comes from China region, but after this COVID-19 pandemic the major effect on the supply-demand dynamics. Its major area of production is the European Union, the United States, and Japan.
