Acrylonitrile Market Analysis 2025: Trends, Growth, Demand, & Key Players - AnQore, Ineos, SINOPEC.

Global Acrylonitrile Market reached US$ 11.8 billion in 2022 and is expected to reach US$ 16.9 billion by 2030, growing with a CAGR of 4.7% during the forecast period 2024-2031.

Acrylonitrile Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.

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The Acrylonitrile market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

The Acrylonitrile market centers on the production and use of acrylonitrile, a key chemical used in manufacturing synthetic fibers, plastics, and resins. It is primarily used in the production of materials like acrylic fibers, nitrile rubber, and carbon fibers. Market growth is driven by the expanding demand in industries such as automotive, textiles, and electronics, along with innovations in production processes and sustainable alternatives.

Forecast Growth Projected:

The Global Acrylonitrile Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Acrylonitrile Market:

Ineos, PetroChina Company Limited, Asahi Kasei Corporation, AnQore, Mitsubishi Chemical Corporation, SINOPEC, Ascend Performance Materials Operations LLC, Formosa Plastics Corp., Taekwang Industrial and Shanghai SECCO Petrochemical.

Segment Covered in the Acrylonitrile Market:

By Application: Acrylic Fiber, Styrene-Acrylonitrile (SAN), Acrylonitrile, Butadiene Styrene (ABS), Acrylonitrile Styrene Acrylate (ASA), Acrylamide and Others.

By End-User: Textile, Automotive, Electronics, Construction, Packaging, Consumer Goods and Others.

Industry Development:

In January 2022, Asahi Kasei made a strategic move into the acrylonitrile production sector, with plans to utilize biomass-derived raw materials. This initiative was supported by its wholly-owned subsidiary, Tongsuh Petrochemical Corp., Ltd. (TSPC), based in South Korea, which received the prestigious ISCC PLUS certification, ensuring the sustainability and environmental responsibility of its production processes.

In December 2021, Oriental Shenghong, a leading Chinese manufacturer specializing in polyester fibers and related products, acquired Serbon Petrochemical for 14.36 billion yuan ($2.04 billion). This acquisition marks a significant step in Oriental Shenghong's strategy to expand its footprint and establish a strong global presence in the fossil chemical industry.

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Regional Break out:

The global Acrylonitrile Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Acrylonitrile manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Acrylonitrile in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Acrylonitrile market?

➠ Who are the global key manufacturers of the Acrylonitrile Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Acrylonitrile market opportunities and threats faced by the vendors in the global Acrylonitrile Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Acrylonitrile market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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