Acrylonitrile Market

Acrylonitrile market: get access to newly released information secured by an Ai-driven BI platform. Statistics include companies, consumption, market prices, imports, trade, exports, market size, and production. Here is a breakdown by country, including the U.K., the U.S., Africa, the Middle East, Latin America, Russia, China, and EU. Market dynamics and outlook to 2030 are also provided in the snapshots.

Get FREE access to the latest data and statistics on the Acrylonitrile Market.

Acrylonitrile - World's Largest Markets

In value terms, the United States, the UK and Turkey were the countries with the highest levels of market value in 2020, together comprising 36% of the global market. China, the Netherlands, Japan, Malaysia, India, the United Arab Emirates, France, Taiwan (Chinese), Belgium and Mexico lagged somewhat behind, together comprising a further 51%.

In terms of the main consuming countries, the Netherlands (+158.1% per year) recorded the highest growth rate of market size, over the period under review, while acrylonitrile market for the other global leaders experienced more modest paces of growth.

Acrylonitrile Prices

Acrylonitrile - Top Importers

In value terms, the largest acrylonitrile importing markets worldwide were China ($328M), Turkey ($261M) and South Korea ($211M), together comprising 39% of global imports. These countries were followed by Malaysia, India, Belgium, France, Mexico, Germany, the UK, the Netherlands, Italy and Portugal, which together accounted for a further 49%.

Among the main importing countries, the UK (+175.2% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Acrylonitrile - Top Exporters

In value terms, the United States ($551M) remains the largest acrylonitrile supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by South Korea ($237M), with a 16% share of global exports. It was followed by Germany, with a 12% share.

In the United States, acrylonitrile exports shrank by an average annual rate of -24.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: South Korea (-25.4% per year) and Germany (-0.3% per year).

Acrylonitrile - Market Forecast

Driven by rising demand for acrylonitrile worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Acrylonitrile - Product Coverage

• HS 292610 - Nitrile-function compounds; acrylonitrile