Lucintel Forecasts The Global Acrylonitrile Material Market To Reach $10 Billion By 2035

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According to a market report by Lucintel, the future of the acrylonitrile material market looks good with opportunities in the automotive, electrical and electronics, packaging, and construction end use industries. The global acrylonitrile market is expected to reach an estimated $10 billion by 2035 with a CAGR of 4% from 2025 to 2035. The major growth drivers for this market are increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene styrene.
A more than 150-page report to understand trends, opportunity and forecast in global acrylonitrile material market to 2035 by end use industry (automotive, electrical and electronics, packaging, construction, and other end use industries), application (acrylic fiber, adiponitrile, styrene acrylonitrile, acrylonitrile butadiene styrene, acrylamide, nitrile butadiene rubber, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that automotive is expected ...
... to remain the largest market by value and volume and electrical and electronics expected to witness highest growth over the forecast period.
Acrylonitrile butadiene styrene will remain the largest application by value and volume due to its increasing use in automotive industry like; panels for cars, helping to make them lighter, and improving fuel efficiency. Acrylamide is expected to witness highest growth over the forecast period.
Download sample by clicking on acrylonitrile material market.
Asia Pacific is expected to remain the largest market by value and volume, and ROW expected to witness the highest growth over the forecast period due to the growing demand for infrastructure along with rehabilitation of infrastructure projects due to urbanization and presence of various automotive manufacturers.
INEOS Composites (KPS Capital), Ascend Performance Materials, Asahi Kasei Corporation, Sinopec, China National Petroleum Corporation, Sumitomo Chemical Co. Ltd., Bhansali Engineering Polymers Limited, Jiangsu Sierbang Petrochemical Co., Ltd., Taekwang Industrial Co. Ltd., Zhejiang Petrochemical Co., Ltd. are the major suppliers in the acrylonitrile material market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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