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Acrylonitrile Market 2020 Share, Size, Future Demand, Research, Top Leading player, Emerging Trends, Region by Forecast to By 360 Market Updates

This report focuses on Professional Global Acrylonitrile Market 2020 volume and value at Global level, regional level and company level. Global Acrylonitrile Market comprehensive analysis of the business models, key ways, and individual market shares of some of the most outstanding players during this landscape.

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Jun 08, 2020 (The Expresswire) -- Global “ Acrylonitrile Market ” Report 2020 contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. The Acrylonitrile market growth is expected to register a CAGR of Growing rate during the forecast period. Acrylonitrile Market reports offer a detailed assessment of the Acrylonitrile including enabling technologies, current market scenario, market assumptions, restraining factors.

Acrylonitrile Market Report covers the Top Key-players 2020:-

  • Asahi Kasei Corporation

  • Ascend Performance Materials LLC

  • BP P.L.C

  • China Petrochemical Development Corporation

  • Cytec Industries Inc.

  • DSM Acrylonitrile (AnQore)

  • INEOS Group Limited

  • Lukoil

  • Mitsubishi Chemical Corporation

  • Formosa Plastics Group

  • Reliance Industries Limited

  • Sinopec Shanghai Petrochemical Company Limited

  • Sumitomo Chemical Company Limited

The global Acrylonitrile market covers the vision of competitor analysis by product types, market share, applications, sales, and revenue.

Get a Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/12885842

The acrylonitrile market is expected to register a moderate growth rate during 2018-2023 (the forecast period). Asia-Pacific is likely to lead the market owing to the rapidly growing construction industry in the region.

Acrylonitrile is a commodity petrochemical that is derived from propylene. It is manufactured by the ammoxidation of propylene. Acrylonitrile finds application in polyacrylonitrile for acrylic fibers in ABS (acrylonitrile butadiene styrene) and SAN (styrene acrylonitrile) resin manufacture as a modifying monomer, moreover, as a chemical intermediate in the manufacture of adiponitrile and acrylamide.

Growing Demand in Different End-user Industries

Acrylonitrile offers excellent durability, strength, and heat resistance properties, owing to which it is used in several end-user industries, such as automotive, construction, plastics, pharmaceuticals, and consumer goods. Additionally, it is also used in the production of homopolymers and other various copolymers, such as styrene acrylonitrile, acrylonitrile styrene acrylate, acrylonitrile butadiene styrene and synthetic rubbers, polyacrylonitrile, acrylamide, and acrylic acid. Acrylonitrile is widely used in the industry to produce rubber, resins, plastics, elastomers, and synthetic fibers, and manufacture carbon fibers used in aircraft, defense, and aerospace industries.
The growing demand for lightweight automobiles, owing to their better fuel efficiency, and ABS resins in 3D printing is expected to increase the product’s application scope.

Asia-Pacific to Lead the Market

Asia-Pacific holds the major share of the consumption pattern of ACN. Europe and North America are expected to witness moderate growth rates. Moreover, Asia-Pacific accounts for over half of the global production capacity, whereas countries, like China and the United States, have the highest installed capacities.

The growing demand in Asia-Pacific for electronic gadgets, house ware appliances, and the ease in availability of petrochemical feedstock as a raw material for the manufacturing of ACN are offering positive growth prospects for the acrylonitrile market. In Asia-Pacific, the growing construction industry is expected to push the growth of the can market.

Inquire more and share questions if any before the purchase on this report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12885842

Important Questions Answered in the Report:

  • What will be the CAGR% in during the forecast year?

  • What are the challenges or threats for new applicants?

  • How growth rate will be affected by key regions?

  • At what stage of development is the global Acrylonitrile market?

  • What are the restrictive factors of the Acrylonitrile market?

Highlighted points of Acrylonitrile Market Report:

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