The global acrylonitrile market size was USD 12.72 Billion in 2022 and is expected to register a rapid revenue CAGR of 3.7% during the forecast period. Rising demand for acrylonitrile from the automobile and construction industries and textile sector and increasing adoption of acrylonitrile in production of polymers are key factors driving market revenue growth.

The report sheds light on details about every market player in the global Acrylonitrile Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Acrylonitrile market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Crafted Plastics Inc., Asahi Kasei Corporation, Solvay, Preffered Plastics Inc., AnQore, SABIC, RTP Company, DSM, Plastic Extrusion Technologies, INEOS, United Plastic Components Inc., LUKOIL, LG Chem, Ascend Performance Materials, LUC Group, Versalis S.p.A, Taekwang Industrial Co. Ltd, Lenntech BV, Mitsubishi Chemical Corporation, and Formosa Plastics Corporation

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Emergen Research has segmented the global Acrylonitrile market on the basis of type, application, end-use, and region:

• Manufacturing Process Outlook (Revenue, USD Billion; 2019-2032)

  • Propylene Ammoxidation
  • Propane Ammoxidation

• Application Outlook (Revenue, USD Billion; 2019-2032)

  • Acrylonitrile butadiene styrene
  • Carbon fibers
  • Acrylic fibers
  • Acrylamide

• End-use Outlook (Revenue, USD Billion; 2019-2032)

  • Electrical and Electronics
  • Appliances
  • Consumer Goods
  • Construction
  • Automotive
  • Others

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Acrylonitrile Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Acrylonitrile Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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