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Acrylonitrile Market Size, Industry Analysis, Production Cost, Market Growth and Forecasts to 2027

The Increasing demand for acrylonitrile butadiene styrene in the construction and automotive industry is driving the market for Acrylonitrile.<br><br>

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Acrylonitrile Market Size, Industry Analysis, Production Cost, Market Growth and Forecasts to 2027

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  1. Acrylonitrile Market To Reach USD 90.26 Billion By 2027 www.reportsanddata.com sales@reportsanddata.com

  2. Market Summary The Increasing demand for acrylonitrile butadiene styrene in the construction and automotive industry is driving the market for Acrylonitrile. Acrylonitrile Market Size – USD 63.18 Billion in 2019, Market Growth - CAGR of 4.6%, Market Trends – High demand from the APAC region.

  3. Our Approach Market Summary The global Acrylonitrile market is forecast to reach USD 90.26 Billion by 2027, according to a new report by Reports and Data. Acrylonitrile is the main monomer of synthetic fibers commonly called acrylics, which are defined as a manufactured fiber in which the fiber-forming substance is any long-chain synthetic polymer composed of at least 85% by weight of acrylonitrile units. The increasing production of carbon fiber is also likely to drive the market demand up. Most of the carbon fibers are made from an organic polymer known as polyacrylonitrile (PAN), which is manufactured using acrylonitrile. Thus, growth in the demand for carbon fiber will boost the demand for the market product. Carbon fiber finds its application in aerospace and defense, wind energy, sports and leisure, and automotive, as they are lighter and stronger in comparison to steel. They are also used in the manufacturing of fishing rods, windsurfing masts and boards and kites, hockey sticks, and bicycle handlebars, which in turn propels market demand. Key participants include Asahi Chemicals, SINOPEC, Petro China, Formosa Plastics Corporation, Shanghai SECCO Petrochemical Co., Mitsubishi Rayon Co., INEOS, Taekwang Industrial Co., Ascend Performance Materials Operations LLC, and Sumitomo Chemical Co, among others. To Request for a PDF Sample, Click Here @ https://www.reportsanddata.com/sample-enquiry-form/2852

  4. Our Approach Market Summary Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027) Acrylic Fiber Styrene-Acrylonitrile Resin (SAR) Acrylonitrile Butadiene Styrene Acrylamide Others End-User Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027) Electrical and Electronics Packaging Automotive Constructions Distribution Channel Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027) Direct Indirect Hybrid Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/2852

  5. Our Approach Market Summary Further key findings from the report suggest An increase in demand from the automotive industry is one of the primary reasons for the growth of the market. Manufacturers in the automotive industry are using composites and plastics in automotive structure, exterior, interior, powertrain, and electrical component as well. This is boosting the demand of the market in the segment. Direct sales channel is one of the mode of distribution channels in the acrylonitrile market. These channel take the shortest route to the consumer and are sold directly to them. Most of the automotive companies have their own stores, where they sell their own manufactured cars. Acrylonitrile butadiene styrene is a sturdy engineering thermoplastic and amorphous polymer that is used in the production of lightweight, rigid, and molded products which are used in a diverse set of end-use applications. It is normally used to manufacture protective housing for power tools and plastic face guards for a wall socket. ABS is also commonly used in the automotive industry for manufacturing of items, including plastic alloys and decorative interior car parts. In the construction industry, this polymer finds application in the production of plastic tubing and corrugated plastic structures. Read More @ https://www.reportsanddata.com/report-detail/acrylonitrile-market

  6. Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Our Approach About Us

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