Adiponitrile Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2023

1. Adiponitrile Market Research Report— Global Forecast till 2023

2. Adiponitrile Market Research Report— Global Forecast till 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

3. Adiponitrile Market - 2023 Global Adiponitrile Market Research Report: Information by Product Type (Polyurethane; Nylon 6,6; Fiber; Nylon 6,6 Resin; Adipate Esters), Application (Chemical, Medical, Personal Care, Electronics, Automobile, Textile), and Region—Forecast till 2023 Market Overview The global adiponitrile market is expected to register a CAGR of ~2.5% during the forecast period to cross ~USD 790 million by 2023 Adiponitrile is a colorless organic liquid compound having molecular formula C8H8N2 and is also known as hexamethylenediamine. Adiponitrile finds application in polymer nylon 66, conveyor belt, electro insulating elements, and carpet fibers owing to its significant mechanical strength. The demand for adiponitrile in fiber and plastic applications is expected to gain traction during the forecast period. Moreover, the key factor expected to boost the growth of the global adiponitrile market is the increasing demand in the plastics and automotive industry. However, stringent governmental regulations due to environmental concerns related to the use of adiponitrile and fluctuating raw material prices are factors expected to restrict the growth of the global market. The growth the end use industries such as textile and chemicals is expected to propel the global market growth over the forecast period. In addition, the increasing manufacturing of adipic acid that finds application in polyurethane including thermal insulation, footwear, and auto seating is expected to spur the product demand. Furthermore, the growth of the fiber & footwear industry is also expected to contribute to the global market growth during the forecast period. www.marketresearchfuture.com

4. Adiponitrile Market - 2023 Regional Analysis The market in Asia-Pacific held the largest share of the global adiponitrile market in 2017 and is expected to register a higher CAGR during the forecast period. The region is expected to witness lucrative growth in the coming future owing to positive inclined growth of the end-use industries, especially from China and India. The increase in demand in the chemical industry in the region is expected to boost the regional market growth in the coming future. Additionally, the growth of other end-use industries, such as medical, personal care, and electronics is expected to add up to the growth in the global market. The North American market is projected to grow substantially over the assessment period on account of the growth of end-use industries such as chemical, personal care automobile and textile in countries including the US and Canada. Moreover, higher consumption of polymer in the various applications is also likely to boost the demand for the product over the forecast period. The Latin American and the Middle & African markets are expected to witness moderate growth on account of increasing demand in the end use industries such as chemical and healthcare. Segmentation The global adiponitrile market has been segmented by product type, application, and region. Based on product type, the global market has been segmented into polyurethane; nylon 6,6; fiber; nylon 6,6 resin; adipate esters; and others. By application, the global market has been divided into chemical, medical, personal care, electronics, automobile, textile, and others. The global adiponitrile market, by region, has been studied concerning five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. www.marketresearchfuture.com

5. Adiponitrile Market - 2023 Key Players Some of the key players operating in the global adiponitrile market are BASF (Germany), LG Chem (South Korea), Sinopec (Beijing), Ineos (Germany), DowDuPont (US), Evonik Industries (Germany), SABIC (Saudi Arabia), Royal Dutch Shell (The Netherland), and JSR Corporation (Japan), among others. Intended Audience Adiponitrile Manufacturers Traders and Distributors of Adiponitrile Research and Development Institutes Potential Investors Raw Material Suppliers Nationalized Laboratories www.marketresearchfuture.com

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