Global Acry-lonitrile Market is Projected to Reach 2,963 million USD by 2024

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The Acrylonitrile industry was 2635 million USD in 2017 and is projected to reach 2963 million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 1.1% between 2017 and 2024.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

The Global Acrylonitrile Market Research Report 2017 report released by QYResearch provides a basic overview of the Acrylonitrile industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Acrylonitrile industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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Market Segment by Regions, regional analysis covers

·        North America

·        Europe

·        China

·        Japan

·        Rest Asia

·        Other

Market Segment Applications, can be divided into

·        Fibre

·        Resin

Market Segment by Type, covers

·        Tech Grade

·        Industry Grade

Acrylonitrile Competitive landscape and key vendors

·        Ineos

·        Asahi Chemical Corp

·        China National Petroleum Corporation (CNPC)

·        Ascend

·        Secco

·        Sinopec Group

·        Formosa Plastics

·        DSM

This report studies the global Acry-lonitrile market status and forecast, categorizes the global Acry-lonitrile market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

Acrylonitrile is an organic compound with the formula CH2CHCN. It is a colorless volatile liquid, although commercial samples can be yellow due to impurities. In terms of its molecular structure, it consists of a vinyl group linked to a nitrile. It is an important monomer for the manufacture of useful plastics such as polyacrylonitrile. It is reactive and toxic at low doses.

The Acrylonitrile industry was 2635 million USD in 2017 and is projected to reach 2963 million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 1.1% between 2017 and 2024.

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