Product Code: ETC13282320 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Acrylonitrile Acn Market was valued at USD 2.4 Billion in 2024 and is expected to reach USD 4.5 Billion by 2031, growing at a compound annual growth rate of 7.80% during the forecast period (2025-2031).
The global acrylonitrile (ACN) market is experiencing steady growth driven by increasing demand from end-use industries such as automotive, electronics, and textiles. ACN is a key raw material for the production of acrylic fibers, resins, and plastics, which are widely used in various applications. The market is also benefiting from the rising demand for lightweight and high-performance materials in the manufacturing sector. Additionally, the growing trend towards sustainable and eco-friendly products is fueling the adoption of bio-based ACN. Asia-Pacific region dominates the global ACN market due to the presence of major manufacturers and increasing industrial activities in countries like China and India. However, fluctuating raw material prices and environmental regulations are some of the key challenges faced by market players.
The Global Acrylonitrile (ACN) market is witnessing steady growth driven by increasing demand from end-use industries such as automotive, textiles, and electronics. The market is being propelled by the growing popularity of lightweight and high-performance materials, as well as the rising demand for acrylic fibers and plastics. Key trends include the shift towards bio-based acrylonitrile production to reduce environmental impact, as well as the development of innovative applications in sectors like healthcare and packaging. Opportunities lie in expanding market presence in emerging economies, investing in research and development of sustainable production methods, and strategic partnerships to enhance product offerings and reach new markets. Overall, the Global ACN market is poised for growth with a focus on sustainability and innovation driving future opportunities.
The Global Acrylonitrile (ACN) market faces several challenges, including fluctuating raw material prices, increasing environmental regulations, and intense competition among key market players. The volatility in crude oil prices directly impacts the cost of producing acrylonitrile, which is a key raw material in the production process. Additionally, stringent regulations regarding environmental sustainability and emissions control pose challenges for ACN manufacturers in terms of compliance and operational costs. Moreover, the market is highly competitive, with key players constantly innovating and investing in research and development to maintain their market share. As a result, companies in the Global ACN market must navigate these challenges effectively to sustain growth and profitability in an ever-evolving industry landscape.
The global acrylonitrile (ACN) market is primarily driven by the increasing demand for acrylonitrile in the production of acrylic fibers, acrylonitrile-butadiene-styrene (ABS) resins, and other chemical compounds. The growth of the textile and automotive industries, especially in emerging economies, is fueling the demand for acrylic fibers and ABS resins, thus driving the overall market for acrylonitrile. Additionally, the rising consumption of acrylonitrile in the manufacturing of plastics, synthetic rubber, and various other industrial applications is further stimulating market growth. Increasing investments in research and development activities to enhance the production processes and improve the quality of acrylonitrile also play a significant role in driving the global ACN market.
Government policies related to the global acrylonitrile (ACN) market primarily focus on regulating environmental impact and ensuring safety standards in production processes. Many countries have implemented strict regulations to control emissions and reduce environmental pollution caused by ACN production. Additionally, governments enforce laws to ensure worker safety and prevent health risks associated with ACN exposure. Some regions may also offer incentives or subsidies to promote sustainable practices and encourage innovation within the ACN industry. Overall, government policies in the ACN market aim to balance economic growth with environmental protection and public health concerns. Compliance with these regulations is essential for companies operating in the ACN market to maintain their license to operate and meet societal expectations.
The global acrylonitrile (ACN) market is expected to witness steady growth in the coming years due to increasing demand from various end-use industries such as automotive, textiles, and plastics. The market is driven by factors such as the growing automotive production, rising demand for lightweight materials, and the expanding textile industry. Additionally, the increasing use of ACN in the production of acrylonitrile-butadiene-styrene (ABS) resins and acrylic fibers is expected to further boost market growth. However, challenges such as volatile raw material prices and environmental concerns related to ACN production processes may hinder market expansion. Overall, the global ACN market is projected to experience moderate growth in the foreseeable future, with key players focusing on product innovations and strategic collaborations to maintain their market positions.
In the global acrylonitrile (ACN) market, Asia Pacific region is expected to dominate in terms of consumption and production, driven by the rapid industrialization and growing demand from end-use industries such as automotive, textiles, and electronics. North America and Europe are also significant markets for ACN, with a strong presence of key players and a focus on technological advancements in manufacturing processes. The Middle East and Africa region is anticipated to witness steady growth in the ACN market due to increasing investments in petrochemical infrastructure. Latin America is projected to experience moderate growth, supported by the expanding automotive and construction sectors. Overall, the global ACN market is expected to grow steadily across all regions, with Asia Pacific leading the way in terms of market share and growth potential.
Global Acrylonitrile Acn Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Acrylonitrile Acn Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Acrylonitrile Acn Market Revenues & Volume, 2021 & 2031F |
3.3 Global Acrylonitrile Acn Market - Industry Life Cycle |
3.4 Global Acrylonitrile Acn Market - Porter's Five Forces |
3.5 Global Acrylonitrile Acn Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Acrylonitrile Acn Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Global Acrylonitrile Acn Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Global Acrylonitrile Acn Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
4 Global Acrylonitrile Acn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Acrylonitrile Acn Market Trends |
6 Global Acrylonitrile Acn Market, 2021 - 2031 |
6.1 Global Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Acrylonitrile Acn Market, Revenues & Volume, By Acrylic Fibers, 2021 - 2031 |
6.1.3 Global Acrylonitrile Acn Market, Revenues & Volume, By Adiponitrile, 2021 - 2031 |
6.1.4 Global Acrylonitrile Acn Market, Revenues & Volume, By Styrene-Acrylonitrile Resins, 2021 - 2031 |
6.1.5 Global Acrylonitrile Acn Market, Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021 - 2031 |
6.1.6 Global Acrylonitrile Acn Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Acrylonitrile Acn Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.3 Global Acrylonitrile Acn Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.2.4 Global Acrylonitrile Acn Market, Revenues & Volume, By Electronics, 2021 - 2031 |
6.2.5 Global Acrylonitrile Acn Market, Revenues & Volume, By Packaging, 2021 - 2031 |
6.2.6 Global Acrylonitrile Acn Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Acrylonitrile Acn Market, Revenues & Volume, By Propylene Ammoxidation, 2021 - 2031 |
6.3.3 Global Acrylonitrile Acn Market, Revenues & Volume, By Propane Ammoxidation, 2021 - 2031 |
7 North America Acrylonitrile Acn Market, Overview & Analysis |
7.1 North America Acrylonitrile Acn Market Revenues & Volume, 2021 - 2031 |
7.2 North America Acrylonitrile Acn Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
7.4 North America Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
7.5 North America Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
8 Latin America (LATAM) Acrylonitrile Acn Market, Overview & Analysis |
8.1 Latin America (LATAM) Acrylonitrile Acn Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Acrylonitrile Acn Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
8.4 Latin America (LATAM) Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
8.5 Latin America (LATAM) Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
9 Asia Acrylonitrile Acn Market, Overview & Analysis |
9.1 Asia Acrylonitrile Acn Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Acrylonitrile Acn Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
9.4 Asia Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
9.5 Asia Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
10 Africa Acrylonitrile Acn Market, Overview & Analysis |
10.1 Africa Acrylonitrile Acn Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Acrylonitrile Acn Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
10.4 Africa Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
10.5 Africa Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
11 Europe Acrylonitrile Acn Market, Overview & Analysis |
11.1 Europe Acrylonitrile Acn Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Acrylonitrile Acn Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
11.4 Europe Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
11.5 Europe Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
12 Middle East Acrylonitrile Acn Market, Overview & Analysis |
12.1 Middle East Acrylonitrile Acn Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Acrylonitrile Acn Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Acrylonitrile Acn Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Acrylonitrile Acn Market, Revenues & Volume, By Application, 2021 - 2031 |
12.4 Middle East Acrylonitrile Acn Market, Revenues & Volume, By End-Use, 2021 - 2031 |
12.5 Middle East Acrylonitrile Acn Market, Revenues & Volume, By Production Process, 2021 - 2031 |
13 Global Acrylonitrile Acn Market Key Performance Indicators |
14 Global Acrylonitrile Acn Market - Export/Import By Countries Assessment |
15 Global Acrylonitrile Acn Market - Opportunity Assessment |
15.1 Global Acrylonitrile Acn Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Acrylonitrile Acn Market Opportunity Assessment, By Application, 2021 & 2031F |
15.3 Global Acrylonitrile Acn Market Opportunity Assessment, By End-Use, 2021 & 2031F |
15.4 Global Acrylonitrile Acn Market Opportunity Assessment, By Production Process, 2021 & 2031F |
16 Global Acrylonitrile Acn Market - Competitive Landscape |
16.1 Global Acrylonitrile Acn Market Revenue Share, By Companies, 2024 |
16.2 Global Acrylonitrile Acn Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |