Acrylonitrile Market Global Share, Demand and 2032 Forecasts
The Global Acrylonitrile Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Acrylonitrile industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Acrylonitrile market along with crucial statistical data about the Acrylonitrile market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Acrylonitrile market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Acrylonitrile market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Acrylonitrile market.
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
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
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
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Acrylonitrile Market Segmentation:
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
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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