Press release
Acrylonitrile Market Report Helps To Predict Investment In An Emerging Market For The Forecast Period 2026
The Acrylonitrile Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Acrylonitrile market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Acrylonitrile market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Acrylonitrile market.“The acrylonitrile market is expected to register a CAGR of around 5% during the forecast period.”
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Top Leading Companies of Acrylonitrile Market are - Asahi Kasei Advance Corporation, Ascend Performance Materials, Chemelot, China Petrochemical Development Corporation, China Petroleum & Chemical Corporation, Cornerstone Chemical Company, INEOS, LUKOIL, Mitsubishi Chemical Corporation, Petkim Petrokimya Holding A?, Polymir, Reliance Industries Limited, Sumitomo Chemical Co. Ltd, Taekwang Industrial Co. Ltd and others.
Key Market Trends:
Rising Demand from Acrylonitrile Butadiene Styrene (ABS) Application
- Acrylonitrile butadiene styrene (ABS) is a thermoplastic that provides a diverse combination of properties, like resistance to chemicals, heat, and impact.
- The consumption rate of ABS resins is increasing in the consumer appliances segment, the largest end-user segment, which accounts for about 40% of the global ABS resin consumption.
- The second-largest end-user is the electrical and electronics industry, which accounts for approximately 25% of the overall consumption.
- The automotive industry accounts for about 12% of the global ABS resin consumption.
- Due to its superior properties, such as strength and durability at low temperatures, it is widely used in the automotive and electronics industries.
- Moreover, as ABS is lightweight in nature, its demand runs parallel to the demand for lightweight automobile.
- Additionally, growing developments in 3D printing, around the world, are also projected to increase the scope of application for ABS, in the near future.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Acrylonitrile Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Acrylonitrile Market (%),2016 - 2026
- Acrylonitrile Market Share, By Brand
- Acrylonitrile Market Share, By Company
- Acrylonitrile Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Acrylonitrile Market Value Analysis & Forecast
- Promising Acrylonitrile Development by Major Companies
- Detailed Acrylonitrile Portfolio of the Major Companies
- Major Deals in the Acrylonitrile Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/01091743991/acrylonitrile-market-growth-trends-and-forecast-2020-2025?Mode=namita
We Offer Customization On Report Based On Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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