Title: Acrylonitrile Market - Forecast, 2022-2027
1Acrylonitrile Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- The Acrylonitrile Market size is estimated to
reach US16.8 billion by 2027, after growing at
a CAGR of 4.5 during the forecast period
2022-2027. Acrylonitrile is a colorless volatile
liquid with a pungent odor and is produced using
raw materials such as propylene, propane and
ammonia, along with hydrogen cyanide and
acetonitrile as byproducts. It is widely used in
manufacturing plastics such as polyacrylonitrile,
acrylic fibers, acrylonitrile butadiene
styrene (ABS) and others. The rise in
applications for automotive dashboards, bumpers,
exterior panels and others in automotive sector
is driving the acrylonitrile industry.
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- Key Takeaways
- The flourishing automotive sector across the
world is propelling the demand for Acrylonitrile
for various applications such as dashboards,
interior and exterior panels, bumpers and others,
thereby influencing the growth in the
acrylonitrile market size. - The demand for acrylonitrile in the electrical
electronics sector is rising for applications in
home appliances, gadgets and others, thereby
fueling growth scope in the acrylonitrile market, - However, the hazardous effects of acrylonitrile
on both humans and the environment act as a
challenging factor in the acrylonitrile industry. -
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By Distribution Channel- Segment Analysis The wax
segment held the largest share of more than 25
in the bio-based adhesives sealants market in
2020. Over recent years, the interest in
bio-adhesives over fossil based materials
adhesives, including wax based soy protein has
increased rapidly. Among natural renewable
resources suitable for industrial use, soy is a
reasonable choice due to its high production
volume and the small use of soy meal-based
products for human food consumption. Soy protein
can be an ideal raw material for the
manufacturing of wood adhesives due to its low
cost, high protein content, and easy processing.
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- Acrylonitrile
Market Outlook - Sinopec Group
- Mitsubishi Chemical Corporation
- Sumitomo Chemicals
- INEOS
- Asahi Kasei
- Formosa Plastics Corp
- Ascend Performance Materials
- LUKOIL
- Lenntech BV
- Repsol
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Acrylonitrile Market -
Forecast 2022-2027 Learn More About the Report
_at_ https//www.industryarc.com/Research/Acrylonit
rile-Market-Research-502916
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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