Acrylonitrile Market Size

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

Acrylonitrile Market Size

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

Acrylonitrile demand is being driven by the expanding construction industry, which is expected to have a favorable impact on industrial growth. Derivatives of acrylonitrile are used in the construction sector to make products such nitrile rubber, acrylonitrile butadiene styrene, acrylic fiber, acrylamide, and carbon fiber. The US Census Bureau stated that construction industry spending in March 2024 is predicted at a seasonally adjusted value of USD 2,083.9 billion.


Acrylonitrile Market
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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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