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Acrylonitrile Market worth $15.71 billion by 2030, growing at a CAGR of 4.31% - Exclusive Report by 360iResearch
Acrylonitrile Market | 360iResearch
The Global Acrylonitrile Market to grow from USD 11.69 billion in 2023 to USD 15.71 billion by 2030, at a CAGR of 4.31%.
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Acrylonitrile is an organic compound used primarily as a monomer in the production of synthetic acrylic fibers used in textiles, plastics, and rubber products. It is also a key precursor for the manufacture of plastic resins, such as acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) resins, as well as for acrylamide and nitrile rubber production. The increasing use of ABS plastics in automotive applications for lightweight and fuel-efficient vehicles drives demand for acrylonitrile. However, stringent environmental regulations regarding the production and disposal of acrylonitrile and its polymer derivatives and unpredictable raw material prices, particularly propylene, can hinder its adoption. The development and use of alternative materials could hinder acrylonitrile adoption. Opportunities include expansion into emerging economies with increasing industrialization and urbanization, which can provide new growth avenues. Research and development of new applications and recycling methods for acrylonitrile products can present opportunities.
Market Segmentation & Coverage:
This research report categorizes the Acrylonitrile Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Application, market is studied across Acrylic Fiber, Acrylonitrile Butadiene Styrene, Nitrile Butadiene Rubber, and Polyacrylamide. The Acrylonitrile Butadiene Styrene is projected to witness significant market share during forecast period.
Based on End User, market is studied across Chemicals, Plastics, and Rubbers. The Rubbers is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Acrylonitrile Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Acrylonitrile Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Acrylonitrile Market, highlighting leading vendors and their innovative profiles. These include AnQore B.V., Asahi Kasei Corporation, Ascend Performance Materials Operations LLC, Chemelot, China National Petroleum Corporation, China Petrochemical Development Corporation, Cornerstone Chemical Company, Formosa Chemicals & Fibre Corp., INEOS AG, Jiangsu SailboatPetrochemical Co., Ltd., Lenntech B.V., LG Chem, Ltd., LUKOIL Group, Mitsubishi Chemical Corporation, Petkim Petrokimya Holding AS, Plastic Extrusion Technologies, Polymir, Reliance Industries Limited, Repsol, S.A., Shanghai SECCO Petrochemical Co. Ltd., Sinopec Catalyst Co., Ltd., Solvay S.A., Sumitomo Chemical Co., Ltd., Taekwang Industrial Co., Ltd., Tongsuh Petrochemical Corporation Ltd., Toray Industries, Inc., and United Plastic Components Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Acrylonitrile Market, by Application
7. Acrylonitrile Market, by End User
8. Americas Acrylonitrile Market
9. Asia-Pacific Acrylonitrile Market
10. Europe, Middle East & Africa Acrylonitrile Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Acrylonitrile Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Acrylonitrile Market?
3. What is the competitive strategic window for opportunities in the Acrylonitrile Market?
4. What are the technology trends and regulatory frameworks in the Acrylonitrile Market?
5. What is the market share of the leading vendors in the Acrylonitrile Market?
6. What modes and strategic moves are considered suitable for entering the Acrylonitrile Market?
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