Acrylonitrile Market - Top Companies and Manufacturers

  • Report ID: 5973
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Companies Dominating the Acrylonitrile Landscape

    A selected group of companies, notably Sinopec Group, Sumitomo Chemicals, Ascend Performance Materials, and Mitsubishi Chemical Corp., control a disproportionate amount of the global sector. Businesses are investing large sums of money in R&D to create new products and improve existing processes.

     

    • INEOS
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • China Petrochemical Development Corporation
    • Ascend Performance Materials
    • Chemelot
    • Formosa Plastics Corporation
    • Secco Sistemi
    • Solvay
    • Trillium Renewable Chemicals
    • Taekwang Industrial Co., Ltd.
    • Lenntech B.V.

Browse Key Market Insights with Data Illustration:

In the News

  • INEOS Nitriles, called InvireoTM, acrylonitrile's first bio-attributed product line. The state-of-the-art INEOS Nitriles factory in Cologne, Germany, will produce the recently announced product. InvireoTM is produced by using bio-attributed propylene, which allows traditional fossil fuel resources to be substituted. This product is revolutionary because it uses renewable feedstock, which lowers greenhouse gas emissions and helps conserve natural resources. INEOS has been certified by both the International Sustainability & Carbon Certification (ISCC Plus) and the Roundtable on Sustainable Biomaterials (RSB).
  • Solvay unveiled LTM 350, a cutting-edge carbon fiber epoxy prepreg tooling material intended to save a great deal of time and money for the race car, automotive, aerospace, and industrial sectors. The carbon fiber epoxy tooling material provides a low-temperature, quick-curing cycle (three hours at 60°C). Additionally, can also be allowed to cure for longer periods of time at temperatures as low as 45°C. LTM 350 tools are capable of being repeatedly cycled at temperatures as high as 150°C to create composite parts with exceptional precision.

Author Credits:  Rajrani Baghel


  • Report ID: 5973
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of acrylonitrile is evaluated at USD 11.56 billion.

The acrylonitrile market size was valued at USD 11.37 billion in 2024 and is set to exceed USD 14.9 billion by 2037, expanding at over 2.1% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by expanding construction industry.

Asia Pacific industry is poised to dominate majority revenue share of 50% by 2037, influenced by expanding textile and home furnishings in the region.

The major players in the market include INEOS, China Petrochemical Development Corporation, Ascend Performance Materials, Chemelot, Formosa Plastics Corporation, Secco Sistemi, Solvay, Trillium Renewable Chemicals, Taekwang Industrial Co., Ltd., Lenntech B.V.
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