Press release
Acrylonitrile Catalyst Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | Ineos, China Petrochemical Development Corp., Asahi Kasei Advance Corp., Ascend Performance Material
Increasing in demand in the automotive sector, where it is an important raw material for the production of plastics, elastomers, and synthetic fibers, is driving the market growth. Acrylonitrile is widely used as a significant alternative to metal in automobile structural, powertrain, exterior, interior, and electrical components, which helps in the lightweighting process.
In March 2024, The Mitsubishi Chemical Group (the MCG Group) announced the development of a carbon fiber prepreg material, which is made using plant-derived resin. By expanding BiOpreg portfolio and adding the BiOpreg 400 series which contains glass fiber and carbon fiber prepreg. The prepreg has been mainly used for sports and mobility applications due to its characteristics, which include rapid curability, heat resistance and high toughness.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Application
By End-use
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- include Ineos, China Petrochemical Development Corp., Asahi Kasei Advance Corp., Ascend Performance Material, Chemelot, Formosa Plastics Corp. among others.
Acrylonitrile Catalyst Market Report Segment
By Application
Acrylic Fibers
Adiponitrile
Styrene Acrylonitrile Resin (SAR)
Acrylonitrile Butadiene Styrene (ABS)
Acrylamide
Carbon Fiber
Nitrile Rubber
Others (Polyacrylamide)
By End-use
Electrical and electronics
Automotive
Construction
Packaging
Others (oil & gas, defense and aerospace)
A full Report of Acrylonitrile Catalyst Market is Available @ https://www.omrglobal.com/industry-reports/acrylonitrile-catalyst-market
Acrylonitrile Catalyst Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Albemarle Corp.
Armacell
Ascend Performance Material
Basf SE
Chemelot
Clariant
Formosa Plastics Corp.
Liaoning Xiangyang Chemicals Group
Mitsubishi Chemical Group Corp.
Neos Company Ltd.
Rezel Catalysts Corp.
Secco
Sumitomo Chemical Co., Ltd.
Taekwang Industrial Co., Ltd.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
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