 Global Polyacrylonitrile (PAN) Market Insights, Forecast to 2025
      Global Polyacrylonitrile (PAN) Market Insights, Forecast to 2025Polyacrylonitrile is a semicrystalline synthetic polymer resin (acrylic resin). Commonly abbreviated as PAN, Polyacrylonitrile’s empirical formula is (C3H3N)n. It is a hard rigid thermoplastic material that is resistant to most solvents and chemicals, slow to burn and has low permeability to gases. Polyacrylonitrile can also be carbonized for battery applications.
There are many Polyacrylonitrile manufactures in the world, global Polyacrylonitrile production will reach about 3000K MT in 2016 from 2700K MT in 2011. The average growth is about 4.6% from 2011 to 2016. Polyacrylonitrile production main focus on China, Europe, Japan and USA Polyacrylonitrile production took about 90%, China Polyacrylonitrile production took about 40% of total market in 2015.
Global demand of Polyacrylonitrile has maintained steady growth, the growth rate is around 4.6%, and similar to production growth. Polyacrylonitrile major type is Acrylic Staple Fiber, Acrylic Tow and Acrylic Top. Downstream applications field include Filtration, Textiles, Precursors to carbon fiber, Outdoor and Fiber-reinforced concrete, these industries development rapidly, this industries demand for fastener and shaped pieces are constantly increasing, indirectly stimulating the market demand of Polyacrylonitrile, and stimulate the development of Polyacrylonitrile industry.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties ,and coupled with PAN industry in short supply on the market in the past few years, more and more companies enter into PAN industry, the current demand for PAN product is relatively low, lack of demand, excess supply. Ordinary PAN products on the market do not sell well, PAN’s price is lower than past years. The signal of market price change indicates the trend in the PAN industry, low-end product has excess capacity, high-end product is in short supply.
Despite the presence of competition problems, the global recovery trend is clear, Polyacrylonitrile retains its advantage in fastener and shaped pieces produce, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of Polyacrylonitrile brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Polyacrylonitrile field.
Global Polyacrylonitrile (PAN) market size will increase to 7690 Million US$ by 2025, from 7940 Million US$ in 2018, at a CAGR of -0.4% 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 Polyacrylonitrile (PAN).
This report researches the worldwide Polyacrylonitrile (PAN) 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 Polyacrylonitrile (PAN) 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:
    DOLAN GmbH
    MemPro
    AKSA
    Montefibre
    Dralon
    Formosa Plastics
    Unichem
    Toray
    Taekwangsf
    TOYOBO
    Mitsubishi Rayon Group
    TAF
    Pasupati Acrylon
    Fisipe
    Polimir
Polyacrylonitrile (PAN) Breakdown Data by Type
    Acrylic Staple Fiber
    Acrylic Tow
    Acrylic Top
Polyacrylonitrile (PAN) Breakdown Data by Application
    Filtration
    Textiles
    Precursors to carbon fiber
    Outdoor
    Fiber-reinforced concrete
Polyacrylonitrile (PAN) Production Breakdown Data by Region
    United States
    Europe
    China
    Japan
    Other Regions
Polyacrylonitrile (PAN) 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 Polyacrylonitrile (PAN) capacity, production, value, consumption, status and forecast;
    To focus on the key Polyacrylonitrile (PAN) 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 Polyacrylonitrile (PAN) :
    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  Polyacrylonitrile (PAN) . Industry analysis & Market Report on  Polyacrylonitrile (PAN)  is a syndicated market report, published as Global Polyacrylonitrile (PAN) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of  Polyacrylonitrile (PAN)  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.