Acrylonitrile Market - Forecast (2022-2027)

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Acrylonitrile MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• The Acrylonitrile Market size is estimated to
  reach US16.8 billion by 2027, after growing at
  a CAGR of 4.5 during the forecast period
  2022-2027.
• Acrylonitrile is a colorless volatile liquid with
  a pungent odor and is produced using raw
  materials such as propylene, propane and ammonia,
  along with hydrogen cyanide and acetonitrile as
  byproducts.
• It is widely used in manufacturing plastics such
  as polyacrylonitrile, acrylic fibers, acrylonitril
  e butadiene styrene (ABS) and others.

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• Key Takeaways
• The Asia-Pacific dominates the Acrylonitrile
  Market, owing to growth factors such as the
  flourished base for automotive production, rising
  construction activities and urbanization, thereby
  boosting growth in this region.
• The flourishing automotive sector across the
  world is propelling the demand for Acrylonitrile
  for various applications such as dashboards,
  interior and exterior panels, bumpers and others,
  thereby influencing the growth in the
  acrylonitrile market size.

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• Acrylonitrile Market Segment Analysis by
  Application
•  
• The acrylonitrile butadiene styrene (ABS) segment
  held a significant Acrylonitrile Market share in
  2021 and is projected to grow at a CAGR of
  4.3 during the forecast period 2022-2027.
• The growth scope for acrylonitrile butadiene
  styrene and polyacrylonitrile in the automotive
  sector for dashboards, exteriors panels, bumpers
  and others is rising.
•  The automotive industry is rapidly growing owing
  to factors such as a rise in vehicle production,
  vehicle electrification and rising income level.

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• Acrylonitrile Industry Outlook
• Sinopec Group
• Mitsubishi Chemical Corporation
• Sumitomo Chemicals
• INEOS
• Asahi Kasei
• Formosa Plastics Corp
• Ascend Performance Materials
• LUKOIL
• Lenntech BV
• Repsol

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Acrylonitrile Market Learn More About the
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crylonitrile-Market-Research-502916
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• Analyst Briefing
• Data Tables
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