Acrylonitrile Size, Share, Growth, Demand, Emerging Trends and Forecast by 2029
The most up to date market insights and analysis performed in the persuasive Acrylonitrile business report brings marketplace clearly into focus. Businesses get highly benefited with the different segments covered in the market research report which provides better market insights to them with which they can drive the business into right direction. Under market segmentation topic of this industry hnvsreport, research and analysis is done based on application, vertical, deployment model, end user, and geography. Depending on client’s demand, huge amount of business, product and market related information has been brought together with Acrylonitrile report that eventually helps businesses create better strategies.
With Acrylonitrile market research report, it becomes effortless for Acrylonitrile industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor. This market report considers important aspects of the market that consist of historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the Acrylonitrile industry. Such market research document lends a hand to stay up-to-date about the entire market and also brings into light holistic view of the market. Acrylonitrile market document is actually a backbone for every business with which they can not only grow sales but also prosper in the market.
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Data Bridge Market Research analyses that the acrylonitrile market was valued at USD 12.79 billion in 2021 and is expected to reach USD 17.64 billion by 2029, registering a CAGR of 4.10% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Acrylonitrile is an organic compound and the chemical formula of this compound is CH2 CHCN. It is simple organic compound because it mostly contains carbon and hydrogen atoms. Acrylonitrile is a toxic compound with a pale-yellow colour and in liquid form. Acrylonitrile is produced by combining ammonia, propylene, and air with the help of process called ammoxidation. During this process ammonia propylene, and air are fed through a catalyst at a high temperature. Acrylonitrile is harmful to the lungs, eyes, skin, and nervous system. It may cause cancer.
Some of the major players operating in the acrylonitrile market are:
- Asahi Kasei Corporation (Japan)
- Solvay (US)
- Anmoore, (Netherlands)
- DSM (Netherlands)
- Ascend Performance Materials (US)
- INEOS (UK)
- LUKOIL (Russia)
- Mitsubishi Chemical Corporation (Japan)
- Tae Kwang Industrial Co. Ltd (South Korea)
- Formosa Plastics Corporation (Taiwan)
- Sumitomo Chemical Co., Ltd (Japan)
- Lenntech BV (Netherlands)
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Global Acrylonitrile Market Scope:
The acrylonitrile market is segmented on the basis of application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Acrylic Fibber
- Adiponitrile
- Styrene Acrylonitrile
- Acrylonitrile Butadiene Styrene
- Acrylamide
- Carbon Fibber
- Nitrile Rubber
- Others
End User
- Automotive
- Electrical and Electronics
- Construction
- Packaging
- Others
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