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The Global Acrylonitrile Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The market is growing by increase in end user industries across the globe.Acrylonitrile is an important monomer used in the manufacturing of useful plastics such as polyacrylonitrile. The growing End Users in plastics, pharmaceuticals and automobiles is expected to propel the market during the forecast period. Growing need to make light weight automotive to make it better fuel efficient is likely to fuel the market growth. In automobiles it is used in the manufacturing of bumper, handle, and panels. It is also used by the construction industry for manufacturing of headliners, interiors grills, trims, and centre consoles due to properties like rigidity and toughness. Asia Pacific region is likely to lead the global Acrylonitrile market during the forecast period owing to the increasing use of acrylonitrile.
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However, price fluctuations and consumer shift towards organic chemicals is likely to restrain the market during the forecast period.
The Automotive accounted for the largest market share in 2017 and is expected to grow considerably during the projected period, owing to the rising automotive industry.
Some of the key players operating in this market Cytec Solvay Group, INEOS Capital Limited, Lukoil Company, Taekwang Industrial Co. ltd, Mitsubishi Chemical Corporation, Formosa Plastics Group, AnQore, Shanghai SECCO Petrochemical Company, Sumitomo Chemical Company Limited, Repsol YPF, S.A, and Others.
Key Benefits of the Report:
* Global, Regional, Country, and End User Market Size and Forecast from 2014-2025
* Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, End User, and competitive landscape with qualitative and quantitative information and facts
Target Audience:
* Acrylonitrile manufacturers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
Global Acrylonitrile Industry 2018 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Component Supplier,
* Distributors,
* Government Body & Associations, and
* Research Institute
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TABLE OF CONTENT
1 EXECUTIVE SUMMARY
2 METHODOLOGY AND MARKET SCOPE
3 ACRYLONITRILE MARKET — INDUSTRY OUTLOOK
4 ACRYLONITRILE MARKET APPLICATIONS OUTLOOK
5 ACRYLONITRILE MARKET END USER OUTLOOKS
6 ACRYLONITRILE MARKET REGIONAL OUTLOOK
7 COMPETITIVE LANDSCAPE
End of the report
Disclaimer
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