Evaluating Market Demand and Revenue Generation in the Acrylonitrile Market Sector
- 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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