Disclosing Latest Advancement in Global Acrylonitrile Market Forecast 2018-2023


Global Acrylonitrile Market Research Report 2018 presents an in-depth assessment of the Acrylonitrile Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Acrylonitrile Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Acrylonitrile Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Acrylonitrile industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Acrylonitrile market growth over the forecast period.

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The acrylonitrile market is expected to register a moderate growth rate during 2018-2023 (the forecast period). Asia-Pacific is likely to lead the market owing to the rapidly growing construction industry in the region.

Acrylonitrile is a commodity petrochemical that is derived from propylene. It is manufactured by the ammoxidation of propylene. Acrylonitrile finds application in polyacrylonitrile for acrylic fibers in ABS (acrylonitrile butadiene styrene) and SAN (styrene acrylonitrile) resin manufacture as a modifying monomer, moreover, as a chemical intermediate in the manufacture of adiponitrile and acrylamide.

Growing Demand in Different End-user Industries

Acrylonitrile offers excellent durability, strength, and heat resistance properties, owing to which it is used in several end-user industries, such as automotive, construction, plastics, pharmaceuticals, and consumer goods. Additionally, it is also used in the production of homopolymers and other various copolymers, such as styrene acrylonitrile, acrylonitrile styrene acrylate, acrylonitrile butadiene styrene and synthetic rubbers, polyacrylonitrile, acrylamide, and acrylic acid. Acrylonitrile is widely used in the industry to produce rubber, resins, plastics, elastomers, and synthetic fibers, and manufacture carbon fibers used in aircraft, defense, and aerospace industries.
The growing demand for lightweight automobiles, owing to their better fuel efficiency, and ABS resins in 3D printing is expected to increase the product’s application scope.

Asia-Pacific to Lead the Market

Asia-Pacific holds the major share of the consumption pattern of ACN. Europe and North America are expected to witness moderate growth rates. Moreover, Asia-Pacific accounts for over half of the global production capacity, whereas countries, like China and the United States, have the highest installed capacities.

The growing demand in Asia-Pacific for electronic gadgets, house ware appliances, and the ease in availability of petrochemical feedstock as a raw material for the manufacturing of ACN are offering positive growth prospects for the acrylonitrile market. In Asia-Pacific, the growing construction industry is expected to push the growth of the can market.

Notable Developments

February 2018: European acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) market players expected a stable growth but potentially volatile pricing for 2018, with raw materials set to continue influencing prices throughout the year.

Major Players: INEOS, Sinopec Shanghai Petrochemical Company Limited, Ascend Performance Materials, Formosa Plastics Corp, Mitsubishi Chemical Corporation, and Reliance Industries Limited, among others.

Reasons to Purchase this Report

The impact of end-user applications on the market
Various perspectives of the market with the help of Porter’s five forces analysis
The dominating technology in the market
Countries expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)

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Acrylonitrile Market Forecast 2018-2023

The Acrylonitrile industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Acrylonitrile production, supply, sales and market status.

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Price of Acrylonitrile Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.




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