Product Code: GVR-3-68038-871-8
Acrylonitrile Market Growth & Trends:
The global acrylonitrile market size is estimated to reach USD 15,005.5 million by 2030, registering a CAGR of 4.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by the increasing demand for acrylonitrile from the Acrylonitrile Butadiene Styrene (ABS) segment. ABS is in high demand in various end-use industries, such as automotive, construction, and electronics. ABS is widely used in the automotive industry as it is easy to install and lightweight, which makes it more durable than PVC. In addition, it has strong mechanical strength and is corrosion-resistant & highly durable. The aforementioned factors are estimated to have a positive impact on product demand from the construction industry over the forecast period.
In the Asia Pacific region, acrylonitrile is extensively used in the construction, textile, consumer goods, and home furnishing industries. High awareness among end-use manufacturers regarding the product properties has resulted in substantial demand for acrylonitrile. Furthermore, the rising construction sector on account of infrastructure development and shifting automotive bases to developing economies, such as India, is likely to result in high product demand as it offers great durability and strength. The majority of the industry participants are inclined toward differentiating themselves from other players, as the industry is concentrated and competitive. Manufacturers use direct sales channels due to quick delivery times and a lack of middlemen. To increase supply efficiency while lowering costs, key producers rely on their internal distribution networks.
Acrylonitrile Market Report Highlights:
- The carbon fiber segment is expected to grow at the fastest CAGR over the forecast period. Carbon fiber is widely used in the aerospace & defense, automotive, alternative energy, and construction industries.
- The acrylonitrile butadiene styrene (ABS) segment held the largest revenue share of 28.5% in 2024, attributed to its ease of installation and lightweight nature.
- Acrylic fiber is obtained by reacting monomers with petroleum-based chemicals. It is used in the textile industry due to its low weight, high performance, high insulin, and good moisture management qualities.
- Asia Pacific dominated the market and accounted for the largest revenue share of 51.96% in 2024. This is attributed to the increasing demand for building materials on account of the growing construction sector.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Acrylonitrile Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Outlook
- 3.2.2. Manufacturing/Technology Outlook
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis
- 3.3.1. Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Acrylonitrile Market: Supplier Portfolio Analysis
- 4.1. List of Raw Material Suppliers
- 4.2. Portfolio Analysis/Kraljic Matrix
- 4.3. Negotiating Strategies
- 4.4. Sourcing Best Practices
Chapter 5. Acrylonitrile Market: Application Estimates & Trend Analysis
- 5.1. Acrylonitrile Market: Application Movement Analysis, 2023 & 2030
- 5.2. Acrylic Fibers
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Adiponitrile
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Styrene Acrylonitrile
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. ABS
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Acrylamide
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7. Carbon Fiber
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.8. Nitrile Rubber
- 5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.9. Other Applications
- 5.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Acrylonitrile Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.2.3. U.S.
- 6.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.2.4. Canada
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.2.5. Mexico
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.4. UK
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.5. France
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.6. Italy
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.7. Spain
- 6.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.8. Russia
- 6.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.8.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.3. China
- 6.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.5. Japan
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.7. Malaysia
- 6.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.3. Brazil
- 6.5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.4. Argentina
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.6.3. Saudi Arabia
- 6.6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.3.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.6.4. UAE
- 6.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Market Positioning Analysis, 2024
- 7.5. Strategy Mapping
- 7.6. Company Profiles/Listing
- 7.6.1. INEOS
- 7.6.1.1. Company Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Application Benchmarking
- 7.6.2. China Petroleum Development Crop.
- 7.6.2.1. Company Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Application Benchmarking
- 7.6.3. Asahi Kasei Advance Corp.
- 7.6.3.1. Company Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Application Benchmarking
- 7.6.4. Ascend Performance Material
- 7.6.4.1. Company Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Application Benchmarking
- 7.6.5. Chemelot
- 7.6.5.1. Company Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Application Benchmarking
- 7.6.6. Formosa Plastics Corp.
- 7.6.6.1. Company Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Application Benchmarking
- 7.6.7. Petrochem Performance Chemical Ltd.
- 7.6.7.1. Company Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Application Benchmarking
- 7.6.8. Secco
- 7.6.8.1. Company Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Application Benchmarking
- 7.6.9. Taekwang Industrial Co., Ltd.
- 7.6.9.1. Company Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Application Benchmarking
- 7.6.10. Sumitomo Chemical Co., Ltd.
- 7.6.10.1. Company Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Application Benchmarking