 Global Acrylonitrile Market Insights, Forecast to 2025
      Global Acrylonitrile Market Insights, Forecast to 2025Acrylonitrile is an organic compound with the formula CH2CHCN. It is a clear, colorless liquid with a slightly pungent odor. And it is also a hazardous chemical substance and regulated as such throughout most of the world.Acrylonitrile is an important monomer for the manufacture of useful plastics such as polyacrylonitrile. It is reactive and toxic at low doses.
Acrylonitrile industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world acrylonitrile industry. The main market players are Ineos, Ascend performance Materials, AnQore, Asahi Kasei, Jilin Petrochemical Company. The production of acrylonitrile will increase to 6255.1 K MT in 2016 from 5019.6 K MT in 2011 with average growth rate of 4.50%. Global Acrylonitrile capacity utilization rate remained at around 82.55% in 2015.
In consumption market, the global consumption value of Acrylonitrile increases with the 0.13% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 51.12% of the global consumption volume in total.
Acrylonitrile has mainly two production technologies, which include propylene method and propane method. And recently, propylene method is the common method in production of acrylonitrile. As acrylonitrile is main raw material of some chemicals, the downstream application industries will need more acrylonitrile. So, acrylonitrile has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance acrylonitrile through improving technology.
The major raw materials for acrylonitrile are propylene, propane and ammonia. Fluctuations in the price of the upstream product will impact on the production cost of Acrylonitrile. The production cost of acrylonitrile is also an important factor which could impact the price of acrylonitrile. The acrylonitrile manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. In past five years, the price presents decreasing trend according to the economy development status and international competition. Also, there is decreasing trend in gross margin.
Global Acrylonitrile market size will increase to 12800 Million US$ by 2025, from 10900 Million US$ in 2018, at a CAGR of 2.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Acrylonitrile.
This report researches the worldwide Acrylonitrile market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Acrylonitrile breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
    Ineos
    Ascend performance Materials
    Cornerstone
    Unigel
    AnQore
    Saratovorgsintez Saratov
    Repsol Chemicals
    Petkim
    Taekwang Industrial
    Formosa Plastics
    Shanghai Secco Petrochemical
    CPDC
    Anqing Petrochemical
    Asahi Kasei
    Jilin Petrochemical Company
    Wanda Petrochemical
    Shandong Qilu Petrochemical Qitai Petrochemical
    Reliance Industries
Acrylonitrile Breakdown Data by Type
    Propylene Method
    Propane Method
Acrylonitrile Breakdown Data by Application
    Acrylic Fibres
    ABS and SAN resins
    Acrylamide
    NBR
    Others
Acrylonitrile Production Breakdown Data by Region
    United States
    Europe
    China
    Japan
    Other Regions
Acrylonitrile Consumption Breakdown Data by Region
    North America
        United States
        Canada
        Mexico
    Asia-Pacific
        China
        India
        Japan
        South Korea
        Australia
        Indonesia
        Malaysia
        Philippines
        Thailand
        Vietnam
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Rest of Europe
    Central & South America
        Brazil
        Rest of South America
    Middle East & Africa
        GCC Countries
        Turkey
        Egypt
        South Africa
        Rest of Middle East & Africa
The study objectives are:
    To analyze and research the global Acrylonitrile capacity, production, value, consumption, status and forecast;
    To focus on the key Acrylonitrile manufacturers and study the capacity, production, value, market share and development plans in next few years.
    To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
    To define, describe and forecast the market by type, application and region.
    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
    To identify significant trends and factors driving or inhibiting the market growth.
    To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
    To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Acrylonitrile :
    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary: 
Get latest Market Research Reports on  Acrylonitrile . Industry analysis & Market Report on  Acrylonitrile  is a syndicated market report, published as Global Acrylonitrile Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of  Acrylonitrile  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.