Robust Growth in the Adiponitrile Market Due to Rise in the Demand for Nylon 66

DataM Intelligence presents a market research report on ‘Global Adiponitrile Market – Size, Share and Forecast (2019-2026)’. This report provides expert analysis into the size, scope, magnitude, key players and future trends in this industry.

Adiponitrile Market Dynamics
The market is primarily driven by the increasing usage of Adiponitrile in Nylon-66 production. The demand for Nylon 66 is on the rise because of its high mechanical strength, rigidity, heat and chemical resistance, which makes it suitable for application in industries like Automotive, Plastics, Electronics, and Textile.
The robust growth in the automotive and textile sectors is fuelling the demand for Nylon-66; which in turn is boosting the Adiponitrile market, as Adiponitrile is an essential intermediate in Nylon-66 synthesis.

Further insights can be obtained by downloading a sample report from the portal below-https://www.datamintelligence.com/research-report/adiponitrile-market

Adiponitrile Market Segmentation
The Global Adiponitrile market report segments the market by the production process, and application.
Based on the type of production process, the market has been segmented as dehydrative amination of adipic acid with NH3, butadiene hydrocyanation, Direct hydrocyanation, and Monsanto EHD process.
Based on the application, the market is segmented into Nylon 66 production, Li-Ion Batteries, and others.
Nylon 66 held the largest market share in 2017, and it will continue to dominate the adiponitrile market by the application during the forecast period. Adiponitrile is an important intermediate in the production of synthetic fiber. It is used exclusively to make Hexamethylene Diamine (HMDA), of which 92% is used to make nylon 66 fibers and resins. The uses of Nylon 66 as an engineering material is growing continuously owing to its excellent abrasion resistance, high melting point, high tensile strength, and efficient elasticity.

Global Adiponitrile Geographical Analysis
The report segments the market by geographic region which includes North America, South America, Europe, Asia-Pacific, and Others.
Asia-Pacific is expected to be the fastest-growing region owing to the rapid growth in the textile industry and the strong demand in the automotive sector, especially in countries like India, China, and Japan.
The high capital investments by the key players in the region are fuelling the growth of the market in the country. Recently, In August 2018 INVISTA announced its plan to invest more than 1 billion in a new manufacturing facility for Adiponitrile (ADN) in China. The company has spent more than 600 million in China over the past five years to boost its presence in the country’s nylon market.

Adiponitrile Market Competitive Analysis
The Global Adiponitrile market report profiles the following companies - DuPont, INVISTA, BASF, Solvay, Ineos, Rhodia Group, Evonik Industries, JSR Corporation, LyondellBasell Industries, Braskem, Royal Dutch Shell.

Key market segments covered
By Production
By Application
By Region

To know more information about the report - https://www.datamintelligence.com/research-report/adiponitrile-market

The Table of contents contained in this report is as under-
1. Global Adiponitrile Market – Methodology and Scope
2. Global Adiponitrile Market – Trends
3. Global Adiponitrile Market – Industry Analysis
4. Global Adiponitrile Market – By Production Process
5. Global Adiponitrile Market – By Application
6. Global Adiponitrile Market – By Geography
6.1. North America
6.2. South America
6.3. Europe
6.4. Asia-Pacific
6.5. Rest of the World
7. Global Adiponitrile Market – Competitive Landscape
8. Global Adiponitrile Market – Company Profiles*
9. Global Adiponitrile Market – Appendix

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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

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