The Global Acrylonitrile Market is expected to reach USD XX million by 2030, registering a CAGR of XX% during the forecast period. Due to the high popularity of this product/service in North America and Asia, the growth trend of Acrylonitrile in recent years and the growth of consumers' demand is expected to drive the global Acrylonitrile market.
Regional Research Reports recently published this report by considering the new market trends and analyzing the maximum untapped opportunities one company can cater to in the coming years. This market research study elaborates the market size, share, growth, market characteristics, competitor pricing, company share, market trends, and opportunities in the Acrylonitrile industry, and breaks down according to the type, application, and consumption area of Acrylonitrile. The report also conducted a Porter's five forces analysis, PESTEL analysis, SWOT analysis, regulatory landscape, and prominent buyers of the industry to study the main influencing factors and entry barriers of the industry.
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The Acrylonitrile market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
Total Market by Segment:
Global Acrylonitrile Market, By Type, 2018-2021, 2022-2030 (US$ Millions)
Global Acrylonitrile Market Segment Percentages, By Type, 2021 (%)
Propylene Method
Propane Method
Global Acrylonitrile Market, By Application, 2018-2021, 2022-2030 (US$ Millions)
Global Acrylonitrile Market Segment Percentages, By Application, 2021 (%)
Acrylic Fibres
ABS and SAN resins
Acrylamide
NBR
Others
Global Acrylonitrile Market, By Region and Country, 2018-2021, 2022-2030 (US$ Millions)
Global Acrylonitrile Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
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Competitor Analysis
The report also provides an analysis of leading market participants, including:
Key companies Acrylonitrile revenues in global market, 2018-2021 (Estimated), (US$ Millions)
Key companies Acrylonitrile revenues share in global market, 2021 (%)
Key companies Acrylonitrile sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market; key players include:
AnQore
Ascend Performance Materials
Petkim
INEOS
Formosa Plastics
Sumitomo Chemicals
Unigel
Asahi Kasei
Properties
Solubility: Soluble in water, alcohol, and ether.
Reactivity: Highly reactive due to the presence of both double bonds and a nitrile group. It can undergo polymerization, oxidation, and hydrolysis.
Toxicity: Considered hazardous; exposure can lead to respiratory issues, skin irritation, and other health problems.
Production
Acrylonitrile is primarily produced through the following processes:
Propylene-based Process:
Involves the reaction of propylene, ammonia, and air in a catalytic reactor.
Yields acrylonitrile along with byproducts such as nitrogen and water.
Acrylic Acid Process:
Uses acrylic acid as a starting material, which is converted to acrylonitrile via various chemical reactions.
Biotechnological Methods:
Research is ongoing into producing acrylonitrile from renewable resources using microbial fermentation.
Applications
Polymers and Plastics:
Acrylonitrile Butadiene Styrene (ABS): A tough and impact-resistant plastic used in automotive parts, appliances, and toys.
Acrylonitrile-Butadiene Rubber (NBR): Used in manufacturing seals, gaskets, and hoses due to its excellent oil resistance.
Fibers:
Polyacrylonitrile (PAN): A precursor for synthetic fibers, such as those used in clothing, carpets, and industrial applications (e.g., carbon fibers).
Chemical Intermediates:
Used in producing various chemicals, including adiponitrile, methacrylonitrile, and others, which serve as building blocks for additional materials.
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Market Trends
Growing Demand in Emerging Markets:
Increasing production of automotive components and consumer goods in developing countries is driving demand for acrylonitrile-based products.
Sustainability Focus:
With the rise in environmental concerns, there is a growing interest in developing sustainable methods for producing acrylonitrile, such as bio-based alternatives.
Technological Advancements:
Continuous research into improving production efficiency and reducing emissions in acrylonitrile manufacturing processes.
Regulatory Considerations:
The industry faces increasing regulations regarding the safety and environmental impact of acrylonitrile production and use.
Regional Research Reports has surveyed the Acrylonitrile manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.