Acrylonitrile Market Size Estimated to Generate $15.44 Billion by 2031 | Ineos, Asahi Kasei, Jilin Petrochemical Company

Acrylonitrile Market 2025 Opportunities and Growth Size -

The global market for Acrylonitrile was estimated to be worth US$ 12.34 billion in 2024 and is forecast to a readjusted size of US$ 15.44 billion by 2031 with a CAGR of 3.3% during the forecast period 2025-2031. This revolutionary Market Research Report dives deep into the essence of the Maize Bran sector, unraveling its significance and its transformative role in various industries. This comprehensive report is set to guide professionals in the art of deciphering market dynamics, unlocking the potential for informed decisions and strategic excellence.

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Acrylonitrile is an organic compound with the formula CH2CHCN. It is a clear, colorless liquid with a slightly pungent odor. And it is also a hazardous chemical substance and regulated as such throughout most of the world.Acrylonitrile is an important monomer for the manufacture of useful plastics such as polyacrylonitrile. It is reactive and toxic at low doses.

Global Acrylonitrile key players include Ineos, Asahi Kasei, Shanghai Secco Petrochemical, Ascend performance Materials, Jilin Petrochemical Company, etc. Global top five manufacturers hold a share over 45%. China is the largest market, with a share about 40%, followed by Europe, and South Korea, both have a share about 25 percent. In terms of product, Propylene Method is the largest segment, with a share over 95%. And in terms of application, the largest application is ABS and SAN resins, followed by Acrylic Fibres, NBR, Acrylamide, etc.

The purpose of this study report is to support industry experts in the global Acrylonitrile business by looking at market developments, market position, investment possibilities, and key market drivers. The analysis includes a profile of the leading market players, as well as information on their latest product launches, product extensions, marketing strategies, business outlooks, infrastructure, and projected rival goods and services, as well as pricing trends. The study looks at emerging entrepreneurs, their strategies, and the product advancements that are driving demand for their goods and services on both local and global markets. In addition, the paper offers critical tactics for maximizing possibilities and minimizing dangers in the next ten years and beyond. The Acrylonitrile market was studied using primary, secondary, and observational research methods.

Top Market Players

According to the QY Research report, leading global companies in the Acrylonitrile market include:

Ineos
Ascend performance Materials
Cornerstone
Unigel
AnQore
Saratovorgsintez Saratov
Repsol Chemicals
Petkim
Taekwang Industrial
Formosa Plastics
Shanghai Secco Petrochemical
CPDC
Anqing Petrochemical
Asahi Kasei
Jilin Petrochemical Company
Wanda Petrochemical
Shandong Qilu Petrochemical Qitai Petrochemical
Reliance Industries

Companies are selected based on parameters such as: -

> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence

Market Drivers and Barriers:-

Acrylonitrile market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Acrylonitrile business. Another hurdle to the Acrylonitrile market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.

Global Acrylonitrile Market Trends:

Acrylonitrile The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Acrylonitrile products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Acrylonitrile chemical and material products and the establishment Acrylonitrile of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Detailed of Acrylonitrile Market Segmentation: -

Our market analysts are experts in deeply segmenting the global Acrylonitrile market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Acrylonitrile market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Acrylonitrile market and plan powerful business tactics to secure a position of strength in the industry.

Segmentation By Type :-

Propylene Method
Propane Method

Segmentation By Application : -

Acrylic Fibres
ABS and SAN resins
Acrylamide
NBR
Others

Regional Insights -

United States

Canada
Mexico
Brazil
China

APAC

Japan
South Korea
China
ASEAN
India

EMEA

Europe
Middle East
Africa

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Each chapter in the report delivers a wealth of information:

-> Manufacturer Competition Status
-> Historical and Forecast Volume/Revenue Analysis
-> Product Application Analysis
-> Country-Level Analysis
-> Manufacturer Profiles
-> Industry Chain Insights
-> Market Channel, Distributors, and Customers
-> Conclusive Remarks
-> Methodology and Data Sources

Key Features Of The Study:-

ᗒ This report provides in-depth analysis of the global Acrylonitrile market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.

ᗒ This report profiles key players in the global Acrylonitrile market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Acrylonitrile sales data, market share and ranking.

ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

ᗒ The global Acrylonitrile market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Important questions answered in the report includes of:

ᗒ How will the market for the Acrylonitrile Market industry grow in 2025?

ᗒ Which well-known major companies will drive the market's growth?

ᗒ Which size of business held the biggest market share for data centre?

ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?

ᗒ What is the primary factor driving the market's expansion?

ᗒ In the market, which region held the highest market share?

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