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Evaluating Market Demand and Revenue Generation in the Acrylonitrile Market Sector

  • Writer: Isha Deshpande
    Isha Deshpande
  • Feb 21
  • 3 min read

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 Acrylonitrile market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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Competitive Terrain:

The global Acrylonitrile industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

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

Additional information offered by the report:

  • Along with a complete overview of the global Acrylonitrile market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

  • The report elaborates on the global Acrylonitrile market size and share governed by the major geographies.

  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

  • It further presents a detailed description of the company profiles of the key market contenders.

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Segments Covered in this report are:

  • 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

Radical Highlights of the Acrylonitrile Market Report:

  • Comprehensive overview of the Acrylonitrile market along with analysis of the changing dynamics of the market

  • Growth Assessment of various market segments throughout the forecast period

  • Regional and global analysis of the market players, including their market share and global position

  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market

  • Impact of the technological developments and R&D advancements on the Acrylonitrile market

  • Information about profit-making strategies and developmental strategies of major companies and manufacturers

  • Insightful information for the new entrants willing to enter the market

  • Details and insights about business expansion strategies, product launches, and other collaborations

  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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