ACRYLONITRILE MARKET

INTRODUCTION TOACRYLONITRILE MARKET

Acrylonitrile is a vital chemical compound with a significant presence in the modern industrial landscape. This colorless, pungent-smelling liquid plays a pivotal role in the production of various essential products, ranging from synthetic fibers to plastics and resins. Its versatile nature and wide-ranging applications have solidified its status as a cornerstone of many industrial processes.

Originally synthesized in the late 19th century, acrylonitrile gained prominence as its applications expanded across different industries. It is primarily used as a key monomer in the production of acrylic fibers like acrylic, modacrylic, and other synthetic textiles. These fibers find application in textiles, clothing, carpets, and outdoor fabrics due to their durability, weather resistance, and vibrant color retention.

Moreover, acrylonitrile serves as a crucial building block for the manufacturing of various plastics, such as acrylonitrile-butadiene-styrene (ABS), which is widely utilized in consumer goods, automotive parts, and electronics. ABS's remarkable strength, heat resistance, and moldability have made it an indispensable material in modern manufacturing.

The chemical industry leverages acrylonitrile in the synthesis of superabsorbent polymers, utilized in hygiene products like diapers and sanitary napkins, owing to their exceptional water-absorbing properties. Additionally, acrylonitrile plays a role in the production of nitrile rubber, which finds applications in gloves, hoses, seals, and gaskets due to its resistance to oils, chemicals, and extreme temperatures.

However, acrylonitrile's production and handling require careful consideration due to its toxic and flammable nature. Stringent safety measures are implemented to ensure the protection of workers and the environment during its manufacturing and usage.

ACRYLONITRILE MARKET SIZE AND FORECAST

The Global acrylonitrile market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

ACRYLONITRILE MARKETNEW PRODUCT LAUNCH

"BASF SE, a global leader in chemical manufacturing, introduced 'Vironyl,' a cutting-edge acrylonitrile-based innovation. Vironyl revolutionizes various industries, from textiles to automotive, with its exceptional durability, versatility, and eco-friendliness. This groundbreaking product showcases BASF's commitment to sustainable solutions, providing enhanced performance while reducing environmental impact.

Vironyl's unique properties enable manufacturers to create high-quality, resilient products that meet evolving market demands. As part of BASF's ongoing dedication to innovation, Vironyl sets a new standard in acrylonitrile applications, fostering a greener and more resilient future for industries worldwide."

"CyloNex" is an innovative product introduced by Mitsubishi Chemical Corporation, revolutionizing the industry with its advanced acrylonitrile technology. This cutting-edge material boasts exceptional properties, combining enhanced durability and superior chemical resistance, making it a game-changer for various applications.

CyloNex's unique molecular structure offers remarkable versatility, enabling its utilization in diverse sectors, including manufacturing, automotive, and electronics. Backed by Mitsubishi's expertise, CyloNex sets new benchmarks in performance and sustainability, setting the stage for a more resilient and efficient future across multiple industries. 

ACRYLONITRILE MARKETCOMPANY PROFILE

• Dow Chemical Company
• Mitsubishi Chemical Corporation
• CNPC Jilin Petrochemical Company Limited
• Toray Industries, Inc.
• BASF SE

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many acrylonitriles are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global acrylonitrile and key vendor selection criteria
3. Where is the acrylonitrile manufactured? What is the average margin per unit?
4. Market share of Global acrylonitrile market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global acrylonitrile in-house
6. key predictions for next 5 years in Global acrylonitrile market
7. Average B-2-B acrylonitrile market price in all segments
8. Latest trends in acrylonitrile market, by every market segment
9. The market size (both volume and value) of the acrylonitrile market in 2024-2030 and every year in between?
10. Production breakup of acrylonitrile market, by suppliers and their OEM relationship