Polyacrylonitrile is a semicrystalline synthetic polymer resin (acrylic resin). Commonly abbreviated as PAN, Polyacrylonitrile’s empirical formula is (C3H3N)n. It is a hard rigid thermoplastic material that is resistant to most solvents and chemicals, slow to burn and has low permeability to gases. Polyacrylonitrile can also be carbonized for battery applications.
There are many Polyacrylonitrile manufactures in the world, global Polyacrylonitrile production will reach about 3000K MT in 2016 from 2700K MT in 2011. The average growth is about 4.6% from 2011 to 2016. Polyacrylonitrile production main focus on China, Europe, Japan and USA Polyacrylonitrile production took about 90%, China Polyacrylonitrile production took about 40% of total market in 2015.
Global demand of Polyacrylonitrile has maintained steady growth, the growth rate is around 4.6%, and similar to production growth. Polyacrylonitrile major type is Acrylic Staple Fiber, Acrylic Tow and Acrylic Top. Downstream applications field include Filtration, Textiles, Precursors to carbon fiber, Outdoor and Fiber-reinforced concrete, these industries development rapidly, this industries demand for fastener and shaped pieces are constantly increasing, indirectly stimulating the market demand of Polyacrylonitrile, and stimulate the development of Polyacrylonitrile industry.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties ,and coupled with PAN industry in short supply on the market in the past few years, more and more companies enter into PAN industry, the current demand for PAN product is relatively low, lack of demand, excess supply. Ordinary PAN products on the market do not sell well, PAN’s price is lower than past years. The signal of market price change indicates the trend in the PAN industry, low-end product has excess capacity, high-end product is in short supply.
Despite the presence of competition problems, the global recovery trend is clear, Polyacrylonitrile retains its advantage in fastener and shaped pieces produce, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of Polyacrylonitrile brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Polyacrylonitrile field.
Global Polyacrylonitrile (PAN) market size will increase to 7690 Million US$ by 2025, from 7940 Million US$ in 2018, at a CAGR of -0.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polyacrylonitrile (PAN).
This report researches the worldwide Polyacrylonitrile (PAN) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Polyacrylonitrile (PAN) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
DOLAN GmbH
MemPro
AKSA
Montefibre
Dralon
Formosa Plastics
Unichem
Toray
Taekwangsf
TOYOBO
Mitsubishi Rayon Group
TAF
Pasupati Acrylon
Fisipe
Polimir
Polyacrylonitrile (PAN) Breakdown Data by Type
Acrylic Staple Fiber
Acrylic Tow
Acrylic Top
Polyacrylonitrile (PAN) Breakdown Data by Application
Filtration
Textiles
Precursors to carbon fiber
Outdoor
Fiber-reinforced concrete
Polyacrylonitrile (PAN) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Polyacrylonitrile (PAN) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Polyacrylonitrile (PAN) capacity, production, value, consumption, status and forecast;
To focus on the key Polyacrylonitrile (PAN) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
In this study, the years considered to estimate the market size of Polyacrylonitrile (PAN) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Polyacrylonitrile (PAN) . Industry analysis & Market Report on Polyacrylonitrile (PAN) is a syndicated market report, published as Global Polyacrylonitrile (PAN) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Polyacrylonitrile (PAN) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.