According to a market report by Lucintel, the future of the acrylonitrile material market looks good with opportunities in the automotive, electrical and electronics, packaging, and construction end use industries. The global acrylonitrile market is expected to reach an estimated $10 billion by 2035 with a CAGR of 4% from 2025 to 2035. The major growth drivers for this market are increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene styrene.
A more
than 150-page report to understand trends, opportunity and forecast in global acrylonitrile
material market to 2035 by end use industry (automotive, electrical and
electronics, packaging, construction, and other end use industries),
application (acrylic fiber, adiponitrile, styrene acrylonitrile, acrylonitrile
butadiene styrene, acrylamide, nitrile butadiene rubber, and other
applications), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that automotive is expected to remain the largest market by value and
volume and electrical and electronics expected to witness highest growth over
the forecast period.
Acrylonitrile
butadiene styrene will remain the largest application by value and volume due
to its increasing use in automotive industry like; panels for cars, helping to
make them lighter, and improving fuel efficiency. Acrylamide is expected to
witness highest growth over the forecast period.
Download
sample by clicking on acrylonitrile
material market.
Asia
Pacific is expected to remain the largest market by value and volume, and ROW
expected to witness the highest growth over the forecast period due to the growing
demand for infrastructure along with rehabilitation of infrastructure projects
due to urbanization and presence of various automotive manufacturers.
INEOS
Composites (KPS Capital), Ascend Performance Materials, Asahi Kasei
Corporation, Sinopec, China National Petroleum Corporation, Sumitomo Chemical
Co. Ltd., Bhansali Engineering Polymers Limited, Jiangsu Sierbang Petrochemical
Co., Ltd., Taekwang Industrial Co. Ltd., Zhejiang Petrochemical Co., Ltd. are
the major suppliers in the acrylonitrile
material market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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