Press release
Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023
Acrylonitrile Market
According to the recent study the acrylonitrile market [https://www.lucintel.com/acrylonitrile-market.aspx] is projected to reach an estimated $13.0 billion by 2023 from $10.6 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene styrene.
Browse 120 figures / charts and 96 tables in this 197 -page report to understand trends, opportunities and forecast in acrylonitrile market by end use (automotive, electrical and electronics, packaging, construction, and others), application (acrylic fiber, adiponitrile, styrene acrylonitrile, acrylonitrile butadiene styrene, acrylamide, nitrile butadiene rubber, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample by clicking on acrylonitrile market
Lucintel forecasts that automotive is expected to remain the largest market by value and volume and it is also expected to witness highest growth over the forecast period due to increasing use of acrylonitrile butadiene styrene in manufacturing automotive parts such as instrument panels, pillar trim, dashboard components, door liners and handles, seat backs, seat belt components, etc. to reduce the weight of automotive parts.
Acrylonitrile butadiene styrene will remain the largest application by value and volume due to its increasing use in automotive industry like; panels for cars, helping to make them lighter, and improving fuel efficiency. Acrylamide is expected to witness highest growth over the forecast period.
Asia Pacific is expected to remain the largest market by value and volume, and it is also expected to witness the highest growth over the forecast period due to the growing demand for infrastructure along with rehabilitation of infrastructure projects due to urbanization and presence of various automotive manufacturer in China and India is also expected to drive the demand for acrylonitrile in this region
Ineos, Ascend Performance Materials, Asahi Kasei Corporation, Sinopec Group, China National Petroleum Corporation, Sumitomo Chemical Co. Ltd., Bhansali Engineering Polymers Limited, Jiangsu Sierbang Petrochemical Co., Ltd., Taekwang Industrial Co. Ltd., Zhejiang Petrochemical Co., Ltd. are the major supplier in the acrylonitrile market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1 972.636.5056
Explore Our Latest Publications
Potentiometer Market
Luxury Fashion Market
Maternity & Personal Care Market
Waterproof Tape Market
PUR Hot-Melt Adhesive Market
Rust Lubricant Market
Sanding Block Market
Cold Laser Therapy Market
Electrophoresis Reagent Market
Large Diameter Pipe Market
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-acrylonitrile-market-to-reach-130-billion-by-2023]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023 here
News-ID: 3589127 • Views: …
More Releases from ABNewswire
WellnessLifeClub74 Launches Revolutionary E-Commerce Platform with Exclusive Bun …
New retail platform WellnessLifeClub74 debuts with an extensive collection of home essentials, trending gadgets, and hard-to-find items, offering unprecedented savings through innovative bundle packages. The company's unique VIP customer treatment program and curated selection of furniture, home decor, and wellness products are transforming the online shopping experience for discerning consumers.
WellnessLifeClub74 has officially entered the e-commerce marketplace with a comprehensive platform that combines extensive product selection with personalized customer service typically…
Intention Boutique Revolutionizes E-Commerce Through Live-Vetted Sellers and Val …
Innovative retail platform Intention Boutique challenges mass marketplace conventions by personally vetting every seller through live conversations-prioritizing authenticity and ethics over scale. The curated alternative serves intentional shoppers seeking transparency, non-toxic products, and purpose-driven commerce that honors small-batch craftsmanship.
Revolutionary thinking in e-commerce emerges as Intention Boutique Inc demonstrates how values-driven marketplace models can successfully challenge mass retail conventions through authentic seller relationships and intentional commerce standards. The innovative platform addresses…
Experience Africa's Greatest Wildlife Comeback: Mountain Gorillas Hit Record Num …
Thanks to decades of gorilla conservation and responsible eco-tourism, mountain gorilla populations in Uganda, Rwanda, Kenya, and Tanzania have reached a record high, making mountain gorilla trekking, Big Five safaris, and luxury eco-lodge stays more popular than ever. Discover curated African safari packages, secure gorilla trekking permits, and explore iconic parks like Bwindi Impenetrable and Volcanoes National Park.
The story of Mountain gorilla conservation is Africa's top wildlife headline in 2025.…
MAGA Stocks Undercard: MYSE, XBIO, ATON, ACXP, RDZN - Innovators Driving Next Te …
In today's MAGA Stocks Undercard lineup, a select group of small-cap innovators are reshaping the landscapes of social media, biotech, and blockchain technology. These companies-each positioned at the forefront of next-generation disruption-are demonstrating renewed investor confidence and sector-wide momentum heading into Q4.
Myseum Inc. (NASDAQ: MYSE) has emerged as a privacy-first social media disruptor following the release of its latest shareholder letter, highlighting major progress ahead of the fall launch of…
More Releases for Lucintel
Lucintel Forecasts Bicycle Market to Reach $62.0 billion
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030
According to the recent study the bicycle market [https://www.lucintel.com/bicycle-market-report.aspx] is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily…
Lucintel Forecasts BRIC Composites Market
According to the recent study the BRIC composites market is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030
According to the recent study the BRIC composites market [https://www.lucintel.com/bric-composites-market.aspx] is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market…
Lucintel Forecasts FRP Pole Market to Reach $277.0 million
According to the recent study the FRP Pole Market is projected to reach an estimated $277.0 million by 2030 from $218.3 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles.
According…
Lucintel Forecasts Recycled Carbon Fiber Market
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.20 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
According to the recent study the recycled carbon fiber…
Lucintel Forecasts Magnetite Market to Reach $130.8 billion by 2026
According to the recent study the magnetite market is projected to reach an estimated $130.8 billion by 2026, at a CAGR of 5% from 2020 to 2026. Growth in this market is primarily driven by growing demand for high grade iron ore, increasing production of steel in China, growth in building and infrastructure development, and rapid industrialization.
Browse 106 figures / charts and 86 tables in this 169 -page report to…
Lucintel Leadership Quadrant and Strategic Positioning of Induction Motor Suppli …
Major players in induction motor market have diversified product portfolios, strong geographical reach, and have made several strategic initiatives. The dynamics of the induction motor market extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of…
