Acrylonitrile Market Evolves with Propylene Ammoxidation Capacity Builds, Bio‐Derived Routes, Catalyst Upgrades & ABS Recycling, Fueled by High‐Performance Plastics Demand

Acrylonitrile Market reached US$ 11.8 billion in 2022 and is expected to reach US$ 16.9 billion by 2030, growing with a CAGR of 4.7% during the forecast period 2024-2031 as Per DataMIntelligence Reports.

Acrylonitrile Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.

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Acrylonitrile Market Overview & Landscape:

The acrylonitrile market encompasses the production and use of a key monomer primarily via propylene ammoxidation for manufacturing ABS resins, acrylic fibers, nitrile rubbers, and adiponitrile. Valued for its chemical reactivity, thermal resistance, and mechanical strength, acrylonitrile derivatives underpin applications in automotive parts, home appliances, textiles, and chemical intermediates. Market dynamics are driven by downstream demand for high‐performance plastics and elastomers, evolving feedstock economics, and sustainability pressures favoring greener production routes.

Acrylonitrile Market Recent Key Developments:

Capacity Expansions: Commissioning of a 200 ktpa propylene ammoxidation plant in the Middle East to secure feedstock for regional ABS and nitrile rubber production.

Bio‐Derived Routes: Launch of pilot bio‐acrylonitrile synthesis using glycerol‐to‐acrolein followed by ammoxidation, targeting 30% lower carbon footprint.

Strategic Offtake Deals: Major ABS producers signing multi‐year acrylonitrile supply contracts to hedge against feedstock volatility.

Technology Upgrades: Implementation of next‐gen catalysts in ammoxidation units achieving 5% higher conversion rates and reduced by‐product formation.

Recycling Initiatives: Development of chemical recycling processes to recover acrylonitrile monomer from end‐of‐life ABS plastics with >90% purity.

Strategic Players Driving the Acrylonitrile Market Forward :

Ineos, PetroChina Company Limited, Asahi Kasei Corporation, AnQore, Mitsubishi Chemical Corporation, SINOPEC, Ascend Performance Materials Operations LLC, Formosa Plastics Corp., Taekwang Industrial and Shanghai SECCO Petrochemical.

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Segment Covered in the Acrylonitrile Market:

By Application - Acrylic Fiber, Styrene-Acrylonitrile (SAN), Acrylonitrile, Butadiene Styrene (ABS), Acrylonitrile Styrene Acrylate (ASA), Acrylamide and Others),

By End-User - Textile, Automotive, Electronics, Construction, Packaging, Consumer Goods and Others

Regional Analysis for Acrylonitrile Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Acrylonitrile Market Research Industry:

✒ What are the primary drivers fueling growth in the Acrylonitrile Market today?
✒ Which companies are currently leading innovation and market share in the Acrylonitrile Market?
✒ In what ways is the current regulatory environment influencing the Acrylonitrile Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Acrylonitrile Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Acrylonitrile Market?

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