Enjoy complimentary customisation on priority with our Enterprise License!
The acrylonitrile market size is estimated to increase by USD 2.83 billion and grow at a CAGR of 4.21% between 2023 and 2028. The market's growth depends on several factors such as the high demand for acrylonitrile from APAC, the rising usage in the automotive industry, and the rise in construction activities.
The acrylonitrile market is witnessing vigorous expansion, primarily driven by its extensive application within the automotive sector. This multifunctional chemical functions as a crucial feedstock for the production of plastics, elastomers, and synthetic fibers, thereby playing a crucial role in the manufacture of automotive components. Acrylonitrile is increasingly used as a substitute for metal components in various automotive structural, powertrain, exterior, interior, and electronic parts. Its adoption contributes significantly to weight reduction initiatives in the automotive industry. Acrylic acid derivatives, such as butadiene-acrylonitrile (B-PAN) copolymers and acrylonitrile-butadiene-styrene (ABS) polymers, are essential acrylonitrile-based materials. They offer superior strength, durability, and impact resistance, making them indispensable in automotive manufacturing.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.