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
Understanding Magnetic Switches: Types, Working Principles, and Applications
A magnetic switch is a versatile electrical device that operates by responding to magnetic fields. From Hall Effect to reed switches, explore their functions, types, and diverse applications.
What is a Magnetic Switch?
A magnetic switch is an electrical device that operates by responding to the presence of a magnetic field. It functions by closing or opening its contacts based on the strength of the magnetic field. Specifically, the switch remains closed…
Innovating embedded downlight technology: Leading the global trend of intelligen …
The strong rise of China's manufacturing industry has profoundly reshaped the technological landscape and development trajectory of embedded downlights. With its unparalleled industrial chain advantages, continuous technological innovation, and significant cost-effectiveness, Chinese enterprises have risen from participants in the global lighting industry to undisputed leaders. This transformation goes far beyond the huge production scale; it lies in the thorough innovation of the core technical content and application boundaries of embedded…
North China Electric Power University Foreign Aid Training Program Visits Yiyuan …
On July 23, 2025, the Electrical Industry Training Program of North China Electric Power University's Foreign Aid Project visited Yiyuan Technology for an exchange visit. The purpose was to gain in-depth insights into the company's innovations in renewable energy technology promotion and application [https://www.yiyen.com/about/], and to build bridges connecting university-enterprise cooperation with foreign aid initiatives.
Image: https://ecdn6.globalso.com/upload/p/1108/image_other/2025-07/scene-1.jpg
Image: https://ecdn6.globalso.com/upload/p/1108/image_other/2025-07/scene-3.jpg
Upon arrival, the delegation received a warm welcome from company leadership and the reception…
Pure Sine Wave Low Frequency Inverter Charger
Pure sine wave low frequency inverter [https://www.yiypower.com/ap-mini-600w-1500w-120v-low-frequency-pure-sine-wave-inverter-charger-product/] is widely used and suitable for a variety of scenarios. In terms of home backup power, it can provide reliable power during power outages, ensuring that essential appliances such as refrigerators, air conditioners and medical equipment continue to operate . For solar power generation systems, Inverter charger [https://www.yiypower.com/ap-mini-600w-1500w-120v-low-frequency-pure-sine-wave-inverter-charger-product/] can converter DC Power from Battery, which charged by solar panels, into clean alternating current…
More Releases for Lucintel
Lucintel Forecasts the Global Carbon Fiber Textile Market
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end use industries. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031
According to a market report by Lucintel, the future of the global carbon fiber…
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 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…
