North America Acrylonitrile Market Size, Share & Industry Trends Analysis Report By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Acrylonitrile Market would witness market growth of 1.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 971.5 Kilo Tonnes, showcasing a growth of 0.6% (2019-2022).

As the automotive sector expands, it drives the growth of the market. Acrylonitrile-based resins are used in the packaging industry due to their strength and barrier properties. With the growth of e-commerce and the need for sustainable packaging materials, there are many opportunities for expansion in this sector. Advances in production technology and catalysts make acrylonitrile production more efficient and cost-effective, potentially driving market expansion.

The demand for synthetic fibers, including acrylic fibers, significantly impacts the acrylonitrile market. Fashion trends, textile industry dynamics, and consumer preferences influence this demand. Acrylonitrile is a key component in producing ABS resins used in various applications, including automotive parts, electronics, and consumer goods. Therefore, trends in the plastics and resins industry directly affect the acrylonitrile market. Acrylonitrile is crucial in producing plastics and resins, including ABS resins. With the increasing use of plastics in automotive, electronics, and packaging industries, there is a continuous need for acrylonitrile.

The automotive industry in Canada relies on acrylonitrile-based materials to meet performance, safety, and design requirements. As the industry continues to evolve with advancements in technology and materials, the demand for innovative acrylonitrile-based solutions is expected to remain strong. Additionally, sustainability and regulatory factors will likely play a growing role in shaping material choices in the Canadian automotive sector. As per ITA, Canada plans enormous investments in its automotive sector for clean technologies and the production of electric vehicles (EVs) with zero emissions. By collaborating with provincial governments, the Canadian government aims to achieve carbon neutrality by 2050. Therefore, the region presents lucrative expansion prospects for the market.

The US market dominated the North America Acrylonitrile Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,939.4 million by 2030. The Canada market is exhibiting a CAGR of 1.7% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 2.3% during (2023 - 2030).

Based on Application, the market is segmented into Acrylonitrile Butadiene Styrene (ABS), Acrylic Fiber, Styrene Acrylonitrile, Adiponitrile, Acrylamide, Carbon Fiber, Nitrile Rubber, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include INEOS Group Holdings S.A., Sumitomo Chemical Co., Ltd., China Petrochemical Development Corporation (Core Pacific Group), Asahi Kasei Advance Corporation (Asahi Kasei Corporation), Mitsubishi Chemical Holdings Corporation, Ascend Performance Materials LLC (SK Capital and Partners), AnQore, Formosa Plastics Group, and TAEKWANG Industrial Co., ltd.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

Acrylonitrile Butadiene Styrene (ABS)
Acrylic Fiber
Styrene Acrylonitrile
Adiponitrile
Acrylamide
Carbon Fiber
Nitrile Rubber
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

INEOS Group Holdings S.A.
Sumitomo Chemical Co., Ltd.
China Petrochemical Development Corporation (Core Pacific Group)
Asahi Kasei Advance Corporation (Asahi Kasei Corporation)
Mitsubishi Chemical Holdings Corporation
Ascend Performance Materials LLC (SK Capital and Partners)
AnQore
Formosa Plastics Group
TAEKWANG Industrial Co., ltd.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Acrylonitrile Market, by Application
- 1.4.2 North America Acrylonitrile Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. North America Acrylonitrile Market by Application

4.1 North America Acrylonitrile Butadiene Styrene (ABS) Market by Country
4.2 North America Acrylic Fiber Market by Country
4.3 North America Styrene Acrylonitrile Market by Country
4.4 North America Adiponitrile Market by Country
4.5 North America Acrylamide Market by Country
4.6 North America Carbon Fiber Market by Country
4.7 North America Nitrile Rubber Market by Country
4.8 North America Others Market by Country

Chapter 5. North America Acrylonitrile Market by Country

5.1 US Acrylonitrile Market
- 5.1.1 US Acrylonitrile Market by Application
5.2 Canada Acrylonitrile Market
- 5.2.1 Canada Acrylonitrile Market by Application
5.3 Mexico Acrylonitrile Market
- 5.3.1 Mexico Acrylonitrile Market by Application
5.4 Rest of North America Acrylonitrile Market
- 5.4.1 Rest of North America Acrylonitrile Market by Application

Chapter 6. Company Profiles

6.1 INEOS Group Holdings S.A.
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Segmental and Regional Analysis
- 6.1.4 Recent strategies and developments:
  - 6.1.4.1 Product Launches:
  - 6.1.4.2 Partnerships, Collaborations & Agreements:
- 6.1.5 SWOT Analysis
6.2 Sumitomo Chemical Co., Ltd.
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.2.4 Research & Development Expenses
- 6.2.5 SWOT Analysis
6.3 China Petrochemical Development Corporation (Core Pacific Group)
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expenses
- 6.3.5 SWOT Analysis
6.4 Asahi Kasei Advance Corporation (Asahi Kasei Corporation)
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.4.4 Research & Development Expenses
- 6.4.5 SWOT Analysis
6.5 Mitsubishi Chemical Holdings Corporation
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.5.3 Segmental Analysis
- 6.5.4 Research & Development Expense
- 6.5.5 SWOT Analysis
6.6 Ascend Performance Materials LLC (SK Capital and Partners)
- 6.6.1 Company Overview
- 6.6.2 Recent strategies and developments:
  - 6.6.2.1 Acquisition and Mergers:
- 6.6.3 SWOT Analysis
6.7 AnQore
- 6.7.1 Company Overview
- 6.7.2 SWOT Analysis
6.8 Formosa Plastics Group
- 6.8.1 Company Overview
- 6.8.2 Financial Analysis
- 6.8.3 SWOT Analysis
6.9 TAEKWANG Industrial Co., ltd.
- 6.9.1 Company Overview
- 6.9.2 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 2 North America Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 3 North America Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 6 North America Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 7 North America Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Acrylic Fiber Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Acrylic Fiber Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Acrylic Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Acrylic Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Styrene Acrylonitrile Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Styrene Acrylonitrile Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Styrene Acrylonitrile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Styrene Acrylonitrile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Adiponitrile Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Adiponitrile Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Adiponitrile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Adiponitrile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Acrylamide Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Acrylamide Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Acrylamide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Acrylamide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Carbon Fiber Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Carbon Fiber Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Carbon Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Carbon Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Nitrile Rubber Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Nitrile Rubber Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Nitrile Rubber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Nitrile Rubber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Acrylonitrile Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Acrylonitrile Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Acrylonitrile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Acrylonitrile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 US Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 46 US Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 47 US Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 48 US Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 49 US Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 50 US Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 51 US Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 52 US Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Canada Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 54 Canada Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 55 Canada Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Canada Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Canada Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 58 Canada Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 59 Canada Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Canada Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Mexico Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 62 Mexico Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 63 Mexico Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Mexico Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Mexico Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 66 Mexico Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 67 Mexico Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 Mexico Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Rest of North America Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 70 Rest of North America Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 71 Rest of North America Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Rest of North America Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Rest of North America Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 74 Rest of North America Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 75 Rest of North America Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Rest of North America Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Key Information - INEOS Group Holdings S.A.
TABLE 78 Key Information - Sumitomo Chemical Co., Ltd.
TABLE 79 Key Information - China Petrochemical Development Corporation
TABLE 80 Key Information - Asahi Kasei Advance Corporation
TABLE 81 KEY INFORMATION - MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 82 Key Information - Ascend Performance Materials
TABLE 83 Key Information - AnQore
TABLE 84 Key Information - Formosa Plastics Group
TABLE 85 Key Information - TAEKWANG Industrial Co., ltd.

North America Acrylonitrile Market Size, Share & Industry Trends Analysis Report By Application, By Country and Growth Forecast, 2023 - 2030