The global Acrylonitrile (ACN) market was valued at US$ 11380 million in 2020 and it is expected to reach US$ 13180 million by the end of 2027, growing at a CAGR of 2.1% during 2021-2027.
Acrylonitrile (ACN) is an organic compound which is a colorless volatile liquid and is produced by ammonia catalysis of propylene. It has application in the production of homopolymers such as polyacrylonitrile and numerous copolymers such as styrene acrylonitrile (SAN), acrylonitrile styrene acrylate (ASA), acrylonitrile butadiene styrene (ABS) and synthetic rubbers. ABS is a thermoplastic, which is derived from acrylonitrile and exhibits the property of providing substantial weight reduction for automobiles.
North America is likely to be a promising industry over the forecast period in light of presence of robust pharmaceutical manufacturing industries. Expansion of shale gas deposits and tight oil fields by the U.S. and Canada is likely to provide easy availability of petrochemical feedstock. The ease in availability of petrochemical feedstock as a raw material for the manufacturing of ACN is expected to fuel the industry growth in near future.
Global Acrylonitrile (ACN) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Acrylonitrile (ACN) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Ineos, Petro china, Asahi chemicals, Asahi kasei Corp., Mitsubishi Rayon, SINOPEC, Ascend Performance Materials, Formosa Plastics Corp., Taekwang Industrial, Shanghai SECCO Petrochemical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-acrylonitrile-acn-market-outlook
Segment by Type
- Propylene Method
- Propane Method
Segment by Application
- Acrylic Fibres
- ABS (acrylonitrile-butadiene-styrene)
- SAN (styrene-acrylonitrile)
- NBR (nitrile-butadiene-rubber)
Table of Content:
1 Acrylonitrile (ACN) Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Acrylonitrile (ACN) Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Acrylonitrile (ACN) Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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