The global acrylonitrile market size is projected to reach USD 16.5 billion by 2027, expanding at a revenue-based CAGR of 4.3%, according to a new report by Radiant Insights, Inc.
ABS offers excellent heat stability and resistance to chemicals making it suitable in the manufacture of electronic devices.
Download Free Sample Report @ https://www.radiantinsights.com/research/acrylonitrile-market/request-sample Apart from ABS, styrene-acrylonitrile resins manufactured using acrylonitrile and styrene are also expected to play a key role in fueling the demand for the product.
These resins are also gaining preference in the pharmaceutical industry due to chemical resistance, dimensional stability, and hygiene and safety benefits.
The constant fluctuations in raw material prices, the trade complications of petrochemicals caused by U.S.-China trade war, economic and political disruptions in Iran, and other Middle Eastern countries are likely to hinder the smooth supply of raw materials affecting the production cycle.
The acrylonitrile producers and consumers are under high scrutiny in Europe, due to the health and environmental hazards.
The global acrylonitrile butadiene styrene market size is projected to reach USD 42,809.5 million by 2027, exhibiting a CAGR of 6.9% during the forecast period.
According to a study by Oxford Economics and Global Construction Perspectives, the volume of construction output is slated to grow by 85%, hitting a value of USD 15.5 trillion by 2030.The report states that the global market value in 2019 was at USD 25,135.0 million.
Restraining FactorFluctuating Demand for Plastics from the Auto Industry amid COVID-19 to Inhibit GrowthThe arrival of COVID-19 led to massive upheavals in several industries, with the plastics industry is facing a moderate impact of the pandemic, which in turn in expected to have spillover effects on the acrylonitrile butadiene styrene market growth.
Polymer manufacturers catering specifically to the automotive industry have been severely hit by the pandemic as many large automakers worldwide have had to shut down their operations in response to lockdowns and plummeting demand.
For example, Fiat Chrysler announced that it will be ending its production activities at its plants in Serbia, Italy, and Poland, while Volkswagen declared closure of its plant in Spain.
According to a survey conducted by the US-based Manufacturers Association for Plastics Processors (MAPP) in August 2020, plastic businesses linked almost exclusively to the automotive sector are on track to meet only 75% of the expected revenues in 2020.
Acrylonitrile market will register this growth at a rate of 4.1% for the forecast period of 2020 to 2027.
Increasing application of acrylonitrile in different applications such as construction, pharmaceutical, construction, packaging and other is expected to enhance the market growth.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-acrylonitrile-marketome of the other factors such as growth in electrical & electronics industry, rising usage of plastics in automobile to decrease the overall weight of the vehicles, growing demand from construction activities, and increasing demand for bio- based acrylonitrile produced using renewable feedstock is expected to accelerate the acrylonitrile market in the forecast period of 2020 to 2027.Key Market Competitors: Acrylonitrile MarketThe major players covered in the acrylonitrile market report areSIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABICamong other domestic and global players.Segmentation: Global Acrylonitrile MarketBy Application (Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Others)By End- User Industry (Automotive, Electrical & Electronics, Construction, Packaging, Others)By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)Focus of the reportCAGR values in the market for the forecast periodKey trends in the market placeMajor players and brandsHistorical and current market size and projection up to 2026.Detailed overview of parent marketChanging market dynamics of the industryReasons to Purchase this ReportThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersWant Full Report?
Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-acrylonitrile-marketKey insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.Contact:Data Bridge Market ResearchUS: +1 888 387 2818Â Â Â Related Reports:Activated Alumina MarketSodium Formate Market
Acrylonitrile market will register this growth at a rate of 4.1% for the forecast period of 2020 to 2027.
Increasing application of acrylonitrile in different applications such as construction, pharmaceutical, construction, packaging and other is expected to enhance the market growth.ome of the other factors such as growth in electrical & electronics industry, rising usage of plastics in automobile to decrease the overall weight of the vehicles, growing demand from construction activities, and increasing demand for bio- based acrylonitrile produced using renewable feedstock is expected to accelerate the acrylonitrile market in the forecast period of 2020 to 2027.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-acrylonitrile-market Key Market Competitors: Acrylonitrile MarketThe major players covered in the acrylonitrile market report areSIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABICamong other domestic and global players.Segmentation: Global Acrylonitrile MarketBy Application (Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Others)By End- User Industry (Automotive, Electrical & Electronics, Construction, Packaging, Others)By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)Focus of the reportCAGR values in the market for the forecast periodKey trends in the market placeMajor players and brandsHistorical and current market size and projection up to 2026.Detailed overview of parent marketChanging market dynamics of the industryReasons to Purchase this ReportThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersWant Full Report?
Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-acrylonitrile-marketKey insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.Contact:Data Bridge Market ResearchUS: +1 888 387 2818Â Â Â Related Reports:Activated Alumina MarketSodium Formate Market
Acrylonitrile market will register this growth at a rate of 4.1% for the forecast period of 2020 to 2027.
Increasing application of acrylonitrile in different applications such as construction, pharmaceutical, construction, packaging and other is expected to enhance the market growth.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-acrylonitrile-marketome of the other factors such as growth in electrical & electronics industry, rising usage of plastics in automobile to decrease the overall weight of the vehicles, growing demand from construction activities, and increasing demand for bio- based acrylonitrile produced using renewable feedstock is expected to accelerate the acrylonitrile market in the forecast period of 2020 to 2027.Key Market Competitors: Acrylonitrile MarketThe major players covered in the acrylonitrile market report areSIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABICamong other domestic and global players.Segmentation: Global Acrylonitrile MarketBy Application (Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Others)By End- User Industry (Automotive, Electrical & Electronics, Construction, Packaging, Others)By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)Focus of the reportCAGR values in the market for the forecast periodKey trends in the market placeMajor players and brandsHistorical and current market size and projection up to 2026.Detailed overview of parent marketChanging market dynamics of the industryReasons to Purchase this ReportThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersWant Full Report?
Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-acrylonitrile-marketKey insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.Contact:Data Bridge Market ResearchUS: +1 888 387 2818Â Â Â Related Reports:Activated Alumina MarketSodium Formate Market
Acrylonitrile market will register this growth at a rate of 4.1% for the forecast period of 2020 to 2027.
Increasing application of acrylonitrile in different applications such as construction, pharmaceutical, construction, packaging and other is expected to enhance the market growth.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-acrylonitrile-marketome of the other factors such as growth in electrical & electronics industry, rising usage of plastics in automobile to decrease the overall weight of the vehicles, growing demand from construction activities, and increasing demand for bio- based acrylonitrile produced using renewable feedstock is expected to accelerate the acrylonitrile market in the forecast period of 2020 to 2027.Key Market Competitors: Acrylonitrile MarketThe major players covered in the acrylonitrile market report areSIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABICamong other domestic and global players.Segmentation: Global Acrylonitrile MarketBy Application (Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Others)By End- User Industry (Automotive, Electrical & Electronics, Construction, Packaging, Others)By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)Focus of the reportCAGR values in the market for the forecast periodKey trends in the market placeMajor players and brandsHistorical and current market size and projection up to 2026.Detailed overview of parent marketChanging market dynamics of the industryReasons to Purchase this ReportThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersWant Full Report?
Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-acrylonitrile-marketKey insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.Contact:Data Bridge Market ResearchUS: +1 888 387 2818Â Â Â Related Reports:Activated Alumina MarketSodium Formate Market
Acrylonitrile market will register this growth at a rate of 4.1% for the forecast period of 2020 to 2027.
Increasing application of acrylonitrile in different applications such as construction, pharmaceutical, construction, packaging and other is expected to enhance the market growth.ome of the other factors such as growth in electrical & electronics industry, rising usage of plastics in automobile to decrease the overall weight of the vehicles, growing demand from construction activities, and increasing demand for bio- based acrylonitrile produced using renewable feedstock is expected to accelerate the acrylonitrile market in the forecast period of 2020 to 2027.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-acrylonitrile-market Key Market Competitors: Acrylonitrile MarketThe major players covered in the acrylonitrile market report areSIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABICamong other domestic and global players.Segmentation: Global Acrylonitrile MarketBy Application (Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Others)By End- User Industry (Automotive, Electrical & Electronics, Construction, Packaging, Others)By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)Focus of the reportCAGR values in the market for the forecast periodKey trends in the market placeMajor players and brandsHistorical and current market size and projection up to 2026.Detailed overview of parent marketChanging market dynamics of the industryReasons to Purchase this ReportThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersWant Full Report?
Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-acrylonitrile-marketKey insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.Contact:Data Bridge Market ResearchUS: +1 888 387 2818Â Â Â Related Reports:Activated Alumina MarketSodium Formate Market
Acrylonitrile market will register this growth at a rate of 4.1% for the forecast period of 2020 to 2027.
Increasing application of acrylonitrile in different applications such as construction, pharmaceutical, construction, packaging and other is expected to enhance the market growth.Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-acrylonitrile-marketome of the other factors such as growth in electrical & electronics industry, rising usage of plastics in automobile to decrease the overall weight of the vehicles, growing demand from construction activities, and increasing demand for bio- based acrylonitrile produced using renewable feedstock is expected to accelerate the acrylonitrile market in the forecast period of 2020 to 2027.Key Market Competitors: Acrylonitrile MarketThe major players covered in the acrylonitrile market report areSIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation, SABICamong other domestic and global players.Segmentation: Global Acrylonitrile MarketBy Application (Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Others)By End- User Industry (Automotive, Electrical & Electronics, Construction, Packaging, Others)By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium)Focus of the reportCAGR values in the market for the forecast periodKey trends in the market placeMajor players and brandsHistorical and current market size and projection up to 2026.Detailed overview of parent marketChanging market dynamics of the industryReasons to Purchase this ReportThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersWant Full Report?
Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-acrylonitrile-marketKey insights in the report:Complete and distinct analysis of the market drivers and restraintsKey Market players involved in this industryDetailed analysis of the Market SegmentationCompetitive analysis of the key players involvedAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.
We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.Contact:Data Bridge Market ResearchUS: +1 888 387 2818Â Â Â Related Reports:Activated Alumina MarketSodium Formate Market
The global acrylonitrile market size is projected to reach USD 16.5 billion by 2027, expanding at a revenue-based CAGR of 4.3%, according to a new report by Radiant Insights, Inc.
ABS offers excellent heat stability and resistance to chemicals making it suitable in the manufacture of electronic devices.
Download Free Sample Report @ https://www.radiantinsights.com/research/acrylonitrile-market/request-sample Apart from ABS, styrene-acrylonitrile resins manufactured using acrylonitrile and styrene are also expected to play a key role in fueling the demand for the product.
These resins are also gaining preference in the pharmaceutical industry due to chemical resistance, dimensional stability, and hygiene and safety benefits.
The constant fluctuations in raw material prices, the trade complications of petrochemicals caused by U.S.-China trade war, economic and political disruptions in Iran, and other Middle Eastern countries are likely to hinder the smooth supply of raw materials affecting the production cycle.
The acrylonitrile producers and consumers are under high scrutiny in Europe, due to the health and environmental hazards.
The global acrylonitrile butadiene styrene market size is projected to reach USD 42,809.5 million by 2027, exhibiting a CAGR of 6.9% during the forecast period.
According to a study by Oxford Economics and Global Construction Perspectives, the volume of construction output is slated to grow by 85%, hitting a value of USD 15.5 trillion by 2030.The report states that the global market value in 2019 was at USD 25,135.0 million.
Restraining FactorFluctuating Demand for Plastics from the Auto Industry amid COVID-19 to Inhibit GrowthThe arrival of COVID-19 led to massive upheavals in several industries, with the plastics industry is facing a moderate impact of the pandemic, which in turn in expected to have spillover effects on the acrylonitrile butadiene styrene market growth.
Polymer manufacturers catering specifically to the automotive industry have been severely hit by the pandemic as many large automakers worldwide have had to shut down their operations in response to lockdowns and plummeting demand.
For example, Fiat Chrysler announced that it will be ending its production activities at its plants in Serbia, Italy, and Poland, while Volkswagen declared closure of its plant in Spain.
According to a survey conducted by the US-based Manufacturers Association for Plastics Processors (MAPP) in August 2020, plastic businesses linked almost exclusively to the automotive sector are on track to meet only 75% of the expected revenues in 2020.