Acrylonitrile Market Insights on Current Scope 2030

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

Direct Purchase Report: https://www.regionalresearchreports.com/buy-now/acrylonitrile-market/CM-1477?opt=2950&utm_source=free&utm_medium=harsh 

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

1. Solubility: Soluble in water, alcohol, and ether.
2. Reactivity: Highly reactive due to the presence of both double bonds and a nitrile group. It can undergo polymerization, oxidation, and hydrolysis.
3. Toxicity: Considered hazardous; exposure can lead to respiratory issues, skin irritation, and other health problems.

Production

Acrylonitrile is primarily produced through the following processes:

1. 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.
2. Acrylic Acid Process:
   • Uses acrylic acid as a starting material, which is converted to acrylonitrile via various chemical reactions.
3. Biotechnological Methods:
   • Research is ongoing into producing acrylonitrile from renewable resources using microbial fermentation.

Applications

1. 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.
2. Fibers:
   • Polyacrylonitrile (PAN): A precursor for synthetic fibers, such as those used in clothing, carpets, and industrial applications (e.g., carbon fibers).
3. 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

1. Growing Demand in Emerging Markets:
   • Increasing production of automotive components and consumer goods in developing countries is driving demand for acrylonitrile-based products.
2. 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.
3. Technological Advancements:
   • Continuous research into improving production efficiency and reducing emissions in acrylonitrile manufacturing processes.
4. 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.