Acrylonitrile Market is expected to reach US$ 16.9 billion by 2030 | Major key players - Asahi Kasei Corporation, Formosa Plastics Corp., Formosa Plastics Corp.

Market Size and Growth:

The Global Acrylonitrile Market size 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. The Market is driven by rising demand for acrylic fibers, ABS resins, and nitrile rubber across automotive, construction, and consumer goods industries. According to DataM Intelligence

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The Acrylonitrile Market refers to the global industry focused on the production, distribution, and application of acrylonitrile a key chemical intermediate used in manufacturing plastics, synthetic rubbers, and fibers. It is primarily utilized in producing acrylonitrile butadiene styrene (ABS), acrylic fibers, and nitrile rubber, driving demand from automotive, construction, electronics, and textile industries worldwide.

Industry Recent Developments: United States

✅ October 2025: Trinseo decreased prices of TYRILTM SAN grades by EUR 10/ton as part of adjusting market supply and demand.

✅ September 2025: Acrylonitrile prices surged amid consistent demand and limited supply availability by North American players.

✅ August 2025: The market growth driven by innovations such as digital solutions, AI, automation, and focus on sustainability within the ABS segment.

Industry Recent Developments: Japan

✅ August 2025: The Japanese ABS market showed steady growth, supported by demand from automotive, electronics, and consumer goods industries where ABS is valued for versatility and cost-effectiveness.

✅ September 2025: Japanese manufacturers expanded ABS applications in automotive interiors and electronic housing due to ABS's impact resistance and easier processing capabilities.

✅ October 2025: Japan's ABS industry focused on addressing supply chain challenges and raw material cost fluctuations by emphasizing innovation and operational efficiency to stay competitive globally.

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Major Key Players:

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

Market Growth Drivers:

Rising Demand from Automotive and Construction Industries: Acrylonitrile is used extensively in producing acrylonitrile butadiene styrene (ABS), acrylic fibers, and nitrile rubber, which are critical in automotive parts, consumer products, and construction materials. The automotive industry's shift toward lightweight, durable materials and increasing construction activities globally are significantly driving acrylonitrile demand.

Expanding Electronics Industry: Acrylonitrile's high impact resistance, insulation properties, and lightweight nature make it valuable for electronic devices, home appliances, and computer casings. The rapid growth of consumer electronics due to urbanization and increased production capacity boosts acrylonitrile use in this sector.

Growth in Medical and Pharmaceutical Applications: Acrylonitrile is used in medical products such as drug delivery systems, insulin pens, implants, and surgical textiles like gowns and wound dressings. The rising healthcare needs and pharmaceutical industry expansion contribute positively to the acrylonitrile market growth.

Segments Covered in the Acrylonitrile Market:

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

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

Regional Analysis for Acrylonitrile Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Acrylonitrile market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Acrylonitrile Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Acrylonitrile market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Acrylonitrile Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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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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