Global Acrylonitrile Market Growth 2019-2024
Table of Contents
2019-2024 Global Acrylonitrile Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Acrylonitrile Consumption 2014-2024
- 2.1.2 Acrylonitrile Consumption CAGR by Region
- 2.2 Acrylonitrile Segment by Type
- 2.2.1 Propylene Method
- 2.2.2 Propane Method
- 2.3 Acrylonitrile Consumption by Type
- 2.3.1 Global Acrylonitrile Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Acrylonitrile Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Acrylonitrile Sale Price by Type (2014-2019)
- 2.4 Acrylonitrile Segment by Application
- 2.4.1 Acrylic Fibres
- 2.4.2 ABS and SAN resins
- 2.4.3 Acrylamide
- 2.4.4 NBR
- 2.4.5 Others
- 2.5 Acrylonitrile Consumption by Application
- 2.5.1 Global Acrylonitrile Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Acrylonitrile Value and Market Share by Application (2014-2019)
- 2.5.3 Global Acrylonitrile Sale Price by Application (2014-2019)
3 Global Acrylonitrile by Players
- 3.1 Global Acrylonitrile Sales Market Share by Players
- 3.1.1 Global Acrylonitrile Sales by Players (2017-2019)
- 3.1.2 Global Acrylonitrile Sales Market Share by Players (2017-2019)
- 3.2 Global Acrylonitrile Revenue Market Share by Players
- 3.2.1 Global Acrylonitrile Revenue by Players (2017-2019)
- 3.2.2 Global Acrylonitrile Revenue Market Share by Players (2017-2019)
- 3.3 Global Acrylonitrile Sale Price by Players
- 3.4 Global Acrylonitrile Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Acrylonitrile Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Acrylonitrile Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Acrylonitrile by Regions
- 4.1 Acrylonitrile by Regions
- 4.1.1 Global Acrylonitrile Consumption by Regions
- 4.1.2 Global Acrylonitrile Value by Regions
- 4.2 Americas Acrylonitrile Consumption Growth
- 4.3 APAC Acrylonitrile Consumption Growth
- 4.4 Europe Acrylonitrile Consumption Growth
- 4.5 Middle East & Africa Acrylonitrile Consumption Growth
5 Americas
- 5.1 Americas Acrylonitrile Consumption by Countries
- 5.1.1 Americas Acrylonitrile Consumption by Countries (2014-2019)
- 5.1.2 Americas Acrylonitrile Value by Countries (2014-2019)
- 5.2 Americas Acrylonitrile Consumption by Type
- 5.3 Americas Acrylonitrile Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Acrylonitrile Consumption by Countries
- 6.1.1 APAC Acrylonitrile Consumption by Countries (2014-2019)
- 6.1.2 APAC Acrylonitrile Value by Countries (2014-2019)
- 6.2 APAC Acrylonitrile Consumption by Type
- 6.3 APAC Acrylonitrile Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Acrylonitrile by Countries
- 7.1.1 Europe Acrylonitrile Consumption by Countries (2014-2019)
- 7.1.2 Europe Acrylonitrile Value by Countries (2014-2019)
- 7.2 Europe Acrylonitrile Consumption by Type
- 7.3 Europe Acrylonitrile Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Acrylonitrile by Countries
- 8.1.1 Middle East & Africa Acrylonitrile Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Acrylonitrile Value by Countries (2014-2019)
- 8.2 Middle East & Africa Acrylonitrile Consumption by Type
- 8.3 Middle East & Africa Acrylonitrile Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Acrylonitrile Distributors
- 10.3 Acrylonitrile Customer
11 Global Acrylonitrile Market Forecast
- 11.1 Global Acrylonitrile Consumption Forecast (2019-2024)
- 11.2 Global Acrylonitrile Forecast by Regions
- 11.2.1 Global Acrylonitrile Forecast by Regions (2019-2024)
- 11.2.2 Global Acrylonitrile Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Acrylonitrile Forecast by Type
- 11.8 Global Acrylonitrile Forecast by Application
12 Key Players Analysis
- 12.1 Ineos
- 12.1.1 Company Details
- 12.1.2 Acrylonitrile Product Offered
- 12.1.3 Ineos Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Ineos News
- 12.2 Ascend performance Materials
- 12.2.1 Company Details
- 12.2.2 Acrylonitrile Product Offered
- 12.2.3 Ascend performance Materials Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Ascend performance Materials News
- 12.3 Cornerstone
- 12.3.1 Company Details
- 12.3.2 Acrylonitrile Product Offered
- 12.3.3 Cornerstone Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Cornerstone News
- 12.4 Unigel
- 12.4.1 Company Details
- 12.4.2 Acrylonitrile Product Offered
- 12.4.3 Unigel Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Unigel News
- 12.5 AnQore
- 12.5.1 Company Details
- 12.5.2 Acrylonitrile Product Offered
- 12.5.3 AnQore Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 AnQore News
- 12.6 Saratovorgsintez Saratov
- 12.6.1 Company Details
- 12.6.2 Acrylonitrile Product Offered
- 12.6.3 Saratovorgsintez Saratov Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Saratovorgsintez Saratov News
- 12.7 Repsol Chemicals
- 12.7.1 Company Details
- 12.7.2 Acrylonitrile Product Offered
- 12.7.3 Repsol Chemicals Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Repsol Chemicals News
- 12.8 Petkim
- 12.8.1 Company Details
- 12.8.2 Acrylonitrile Product Offered
- 12.8.3 Petkim Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Petkim News
- 12.9 Taekwang Industrial
- 12.9.1 Company Details
- 12.9.2 Acrylonitrile Product Offered
- 12.9.3 Taekwang Industrial Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Taekwang Industrial News
- 12.10 Formosa Plastics
- 12.10.1 Company Details
- 12.10.2 Acrylonitrile Product Offered
- 12.10.3 Formosa Plastics Acrylonitrile Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Formosa Plastics News
- 12.11 Shanghai Secco Petrochemical
- 12.12 CPDC
- 12.13 Anqing Petrochemical
- 12.14 Asahi Kasei
- 12.15 Jilin Petrochemical Company
- 12.16 Wanda Petrochemical
- 12.17 Shandong Qilu Petrochemical Qitai Petrochemical
- 12.18 Reliance Industries
13 Research Findings and Conclusion
Acrylonitrile is an organic compound with the formula CH2CHCN. It is a clear, colorless liquid with a slightly pungent odor. And it is also a hazardous chemical substance and regulated as such throughout most of the world.Acrylonitrile is an important monomer for the manufacture of useful plastics such as polyacrylonitrile. It is reactive and toxic at low doses.
Acrylonitrile industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world acrylonitrile industry. The main market players are Ineos, Ascend performance Materials, AnQore, Asahi Kasei, Jilin Petrochemical Company. The production of acrylonitrile will increase to 6255.1 K MT in 2016 from 5019.6 K MT in 2011 with average growth rate of 4.50%. Global Acrylonitrile capacity utilization rate remained at around 82.55% in 2015.
In consumption market, the global consumption value of Acrylonitrile increases with the 0.13% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 51.12% of the global consumption volume in total.
Acrylonitrile has mainly two production technologies, which include propylene method and propane method. And recently, propylene method is the common method in production of acrylonitrile. As acrylonitrile is main raw material of some chemicals, the downstream application industries will need more acrylonitrile. So, acrylonitrile has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance acrylonitrile through improving technology.
The major raw materials for acrylonitrile are propylene, propane and ammonia. Fluctuations in the price of the upstream product will impact on the production cost of Acrylonitrile. The production cost of acrylonitrile is also an important factor which could impact the price of acrylonitrile. The acrylonitrile manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. In past five years, the price presents decreasing trend according to the economy development status and international competition. Also, there is decreasing trend in gross margin.
According to this study, over the next five years the Acrylonitrile market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 12400 million by 2024, from US$ 10900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Acrylonitrile business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Acrylonitrile market by product type, application, key manufacturers and key regions and countries.
This study considers the Acrylonitrile value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Propylene Method
Propane Method
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Acrylic Fibres
ABS and SAN resins
Acrylamide
NBR
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ineos
Ascend performance Materials
Cornerstone
Unigel
AnQore
Saratovorgsintez Saratov
Repsol Chemicals
Petkim
Taekwang Industrial
Formosa Plastics
Shanghai Secco Petrochemical
CPDC
Anqing Petrochemical
Asahi Kasei
Jilin Petrochemical Company
Wanda Petrochemical
Shandong Qilu Petrochemical Qitai Petrochemical
Reliance Industries
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Acrylonitrile consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Acrylonitrile market by identifying its various subsegments.
Focuses on the key global Acrylonitrile manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Acrylonitrile with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Acrylonitrile submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.