Global Acrylonitrile Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In June 2023, INEOS Nitriles launched its first bio-attributed product line for Acrylonitrile under the brand name InvireoTM. Produced at its advanced facility in Cologne, Germany, InvireoTM utilizes bio-attributed propylene instead of traditional fossil fuels. This innovative approach not only reduces greenhouse gas emissions but also conserves natural resources by incorporating renewable feedstock. INEOS has earned certifications from both the Roundtable on Sustainable Biomaterials (RSB) and the International Sustainability & Carbon Certification (ISCC Plus), underscoring its commitment to sustainability and environmental responsibility.

• In February 2023, Sumitomo Chemical achieved its inaugural ISCC PLUS certification for acrylonitrile production at its Ehime Works in Niihama, Ehime, Japan. This certification from the International Sustainability and Carbon Certification (ISCC) affirms the sustainable practices employed in its production processes.

The global acrylonitrile market has been experiencing steady growth driven by its diverse applications across various industries such as automotive, electronics, construction, and textiles. Acrylonitrile, a key chemical used in the production of acrylic fibers, ABS (Acrylonitrile Butadiene Styrene) resins, and synthetic rubber, has seen increasing demand due to its lightweight, durable, and chemical-resistant properties. The market size has been expanding due to rising industrialization in emerging economies and increasing consumer demand for lightweight and durable materials.

Regionally, Asia Pacific dominates the acrylonitrile market, accounting for a significant share of global production and consumption. Countries like China, Japan, and India are major contributors due to their thriving manufacturing sectors and increasing investments in infrastructure. North America and Europe also hold substantial market shares, driven by the presence of key players and robust demand from automotive and construction industries. The Middle East and Africa are witnessing gradual market growth with investments in industrial sectors.

Several factors are driving the growth of the acrylonitrile market. Firstly, the increasing demand for acrylonitrile-based products in automotive applications, especially for lightweight materials that enhance fuel efficiency, is a significant driver. Secondly, the expanding electronics industry, where acrylonitrile is used in the production of electrical connectors and housings due to its thermal stability and electrical insulation properties, contributes to market growth. Additionally, advancements in manufacturing processes and technologies are supporting market expansion by improving production efficiency and reducing costs.

Despite growth prospects, the acrylonitrile market faces challenges such as volatile raw material prices and environmental concerns associated with its production processes. Regulatory pressures related to environmental sustainability are prompting manufacturers to adopt cleaner production methods and invest in research for eco-friendly alternatives. Opportunities lie in the development of bio-based acrylonitrile and expanding applications in emerging sectors like healthcare and renewable energy.

Global Acrylonitrile Segment Analysis

In this report, the Global Acrylonitrile Market has been segmented by Application, End-Use Industry and Geography.

Global Acrylonitrile Market, Segmentation by Application

The Global Acrylonitrile Market has been segmented by Application into Acrylic Fiber, Acrylonitrile Butadiene Styrene (ABS), Polyacrylamide (PAM), Nitrile Butadiene Rubber(NBR) and Other Applications.

The Global Acrylonitrile Market encompasses a diverse range of applications, each contributing uniquely to its demand and growth trajectory. Acrylonitrile, a key chemical compound primarily used in the production of various polymers and synthetic materials, finds extensive application across several industries.

One of the largest segments is Acrylic Fiber, which utilizes acrylonitrile as a precursor. Acrylic fibers are valued for their softness, warmth, and resistance to sunlight and weathering, making them popular in textiles and apparel. The demand for acrylic fibers continues to grow globally, driven by trends in fashion and outdoor clothing.

Another significant application is in Acrylonitrile Butadiene Styrene (ABS) resins, widely known for their toughness, heat resistance, and versatility in manufacturing. ABS is used in a broad spectrum of products, including automotive parts, electronic housings, appliances, and toys, reflecting its importance across consumer and industrial sectors.

Polyacrylamide (PAM), derived from acrylonitrile, serves as a crucial agent in water treatment processes, where it facilitates solid-liquid separation and enhances the efficiency of wastewater treatment systems. Its applications extend to industries such as municipal water treatment, oil and gas, and mining, where PAM aids in improving environmental sustainability and operational efficiency.

Nitrile Butadiene Rubber (NBR), another significant application of acrylonitrile, is valued for its oil resistance and durability, making it indispensable in manufacturing gloves, seals, hoses, and automotive components. The expanding automotive and industrial sectors continue to drive demand for NBR, bolstered by its superior performance in demanding applications.

Global Acrylonitrile Market, Segmentation by End-Use Industry

The Global Acrylonitrile Market has been segmented by End-Use Industry into Automotive,Textiles,Electronics, Pharmaceuticals,Construction and Others.

In the automotive industry, acrylonitrile is extensively used in manufacturing parts and components due to its high durability and resistance to chemicals and heat. It contributes to the production of lightweight and strong materials crucial for enhancing fuel efficiency and safety standards in vehicles.

The textiles sector also relies heavily on acrylonitrile, where it is utilized in the production of acrylic fibers. These fibers are valued for their softness, warmth, and ability to retain shape and color, making them popular for a wide range of apparel and household textiles.

In electronics, acrylonitrile is used in the manufacturing of specialty plastics and resins, which are essential for electronic components, casings, and insulators. Its properties such as electrical insulation, thermal stability, and resistance to impact and chemicals make it indispensable in this industry.

Moreover, the pharmaceutical sector utilizes acrylonitrile in various applications, including packaging materials and medical devices, where its biocompatibility and resistance to sterilization processes are highly advantageous.

In construction, acrylonitrile-based materials contribute to the production of pipes, fittings, and insulation materials, benefiting from its strength, durability, and resistance to corrosion.

Global Acrylonitrile Market, Segmentation by Geography

In this report, the Global Acrylonitrile Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Acrylonitrile Market Share (%), by Geographical Region, 2024

North America and Europe are key regions in the global acrylonitrile market, characterized by mature industrial sectors and stringent regulatory frameworks. In these regions, acrylonitrile is extensively used in automotive, construction, and electronics industries due to its properties such as chemical resistance and durability. The presence of major manufacturing hubs and technological advancements further bolster market growth, with a focus on sustainability and environmental compliance driving innovation in production processes.

Asia Pacific stands as a pivotal region in the acrylonitrile market, accounting for a significant share of global production and consumption. Rapid industrialization, coupled with robust economic growth in countries like China, India, and Japan, has spurred demand for acrylonitrile across various end-use industries. The region's burgeoning textile and automotive sectors, along with expanding construction activities, continue to fuel market expansion. Moreover, favorable government initiatives and investments in infrastructure development further contribute to the market's growth trajectory.

In the Middle East and Africa, the acrylonitrile market reflects a dynamic landscape shaped by evolving industrialization and increasing foreign investments. The region's strategic location and growing chemical manufacturing capabilities are driving production capacity expansions. Acrylonitrile finds application in diverse sectors including textiles, packaging, and petrochemicals, supported by favorable trade policies and rising consumer demand.

Latin America presents opportunities and challenges in the acrylonitrile market, influenced by economic fluctuations and shifting regulatory environments. Despite these factors, the region exhibits steady growth driven by investments in infrastructure and expanding industrial sectors. Acrylonitrile's role in enhancing product performance and durability across industries such as automotive and electronics positions it as a crucial component in the region's manufacturing landscape.

This report provides an in depth analysis of various factors that impact the dynamics of Global Acrylonitrile Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers

• Demand in Automotive Industry
• Growth in Construction Sector
• Increasing Fiber Consumption
• Petrochemical Industry Expansion

• Rising Demand for ABS Resins: The global acrylonitrile market is witnessing increasing demand, primarily driven by the growing consumption of acrylonitrile butadiene styrene (ABS) resins. ABS resins are widely used in various industries due to their exceptional properties, including toughness, heat resistance, and chemical stability. These resins find extensive applications in automotive, electronics, construction, and consumer goods sectors. The automotive industry, in particular, utilizes ABS resins for manufacturing lightweight and durable components such as bumpers, interior trim, and instrument panels. With rising trends towards lightweighting and increasing safety standards in automotive design, the demand for ABS resins is expected to further escalate.

  The electronics sector is another significant consumer of ABS resins, driven by the proliferation of consumer electronics and technological advancements. ABS resins are crucial in the production of casings, housings, and structural components for electronic devices, owing to their ability to withstand high impact and provide aesthetic appeal. As consumer electronics continue to evolve with demands for sleek design and robust functionality, the demand for ABS resins is poised to grow steadily. Overall, the global acrylonitrile market is set to expand as manufacturers seek versatile materials like ABS resins to meet diverse industrial needs and consumer preferences.

Restraints

• Fluctuating Raw Material Prices
• Environmental Regulations Impact
• Volatile Global Economy
• Technological Challenges

• Competition from Substitutes: The global acrylonitrile market faces significant competition from substitutes primarily due to the versatility and availability of alternative materials. Acrylonitrile, a key component in the production of acrylic fibers, resins, and plastics, competes with substitutes such as polyester fibers, which offer similar properties of durability and strength. Polyester's widespread use in textiles and packaging applications presents a formidable challenge to acrylonitrile-based products in these markets.

  The production of plastics and resins, acrylonitrile competes with styrene and polyethylene, which are widely utilized for their cost-effectiveness and ease of processing. The market dynamics are also influenced by environmental considerations, with growing demand for eco-friendly alternatives such as biodegradable plastics and sustainable fibers posing a long-term challenge to acrylonitrile-based products. Therefore, while the acrylonitrile market continues to expand driven by industrial applications, competition from substitutes remains a crucial factor shaping its growth trajectory.

Opportunities

• Emerging Markets Expansion
• Innovations in Production Techniques
• Sustainable Acrylonitrile Solutions
• Increased R&D Investments

• Strategic Partnerships: Strategic partnerships play a pivotal role in shaping the dynamics of the global acrylonitrile market. Acrylonitrile, a key chemical used primarily in the production of acrylic fibers, acrylonitrile-butadiene-styrene (ABS) resins, and styrene-acrylonitrile (SAN) resins, requires a robust supply chain and collaborative efforts across the industry. Strategic partnerships often involve alliances between manufacturers and raw material suppliers to ensure consistent feedstock availability and stable production. These partnerships are crucial in navigating price volatility and supply chain disruptions, offering resilience to market fluctuations and enhancing operational efficiencies.

  Strategic collaborations also focus on technological advancements and product innovation. Companies often join forces to develop new applications and improve manufacturing processes, driving sustainability and regulatory compliance initiatives. Such partnerships facilitate the adoption of greener technologies, reducing environmental impact through innovative production methods and waste reduction strategies. Additionally, partnerships in research and development enable companies to stay ahead in a competitive market by continuously improving product quality, meeting stringent regulatory standards, and expanding market reach through joint marketing and distribution efforts. As the global demand for acrylonitrile continues to grow, strategic partnerships will remain instrumental in fostering industry growth and sustainability.

Key players in Global Acrylonitrile Market include:

• INEOS
• Asahi Kasei
• Ascend Performance Materials
• Sinopec
• Formosa Plastics Corporation
• Sumitomo Chemical
• Reliance Industries Limited
• Mitsubishi Chemical Corporation
• PetroChina
• INEOS Styrolution

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis