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

Description

List of Tables

The Europe Acrylonitrile Market would witness market growth of 1.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 427.0 Kilo Tonnes, showcasing a growth of 1.0% (2019-2022).

Acrylonitrile is a versatile chemical compound that is a crucial raw material in producing a wide range of products. It makes synthetic fibers, plastics, resins, and various other materials. Acrylic fibers produced from acrylonitrile are known for their softness, warmth, and durability. They are used in clothing, blankets, carpets, and upholstery, providing consumers with comfortable and long-lasting products. This contributes to the production of durable and lightweight products. Acrylonitrile-based materials are often chosen for their sustainability benefits. Lightweight and durable products can be produced by manufacturers, which will reduce energy use and greenhouse gas emissions during use and transportation.

Developing new acrylonitrile-based products with enhanced properties, such as improved heat resistance, chemical resistance, and flame retardancy, can open up new opportunities for market players and applications, further driving demand. As sustainability gains importance, recycling acrylonitrile-containing materials becomes a growth driver. Recycling efforts reduce the demand for virgin acrylonitrile and minimize waste. Acrylonitrile-containing materials are used in electrical enclosures and distribution systems for power generation and equipment. These materials help protect electrical components from environmental factors. Acrylonitrile-based materials produce lighting fixtures, including LED housing and covers. These materials offer good optical properties and durability for lighting applications.

Carbon fiber production relies on the polymerization of acrylonitrile to create precursor fibers. As the carbon fiber industry grows in the UK, there is a higher demand for acrylonitrile as a raw material. The UK has invested in advanced manufacturing technologies, including carbon fiber composite manufacturing. Using carbon fiber composites in aerospace, automotive, and other industries can drive the demand for acrylonitrile-derived precursors. Carbon fiber composites, which rely on acrylonitrile-based precursors, are used in the aerospace industry for their lightweight and high-strength properties. The UK's aerospace sector contributes to the demand for these materials. Carbon fiber-reinforced composites are increasingly used in the automotive sector to lower vehicle weight and improve fuel efficiency. The automotive industry in the UK can drive the demand for carbon fiber precursors. The development of carbon fiber in the UK can lead to increased demand for acrylonitrile as a precursor material. Thus, with the expansion of these sectors, the regional market will expand as well.

The Germany market dominated the Europe Acrylonitrile Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $541.7 million by 2030. The UK market is experiencing a CAGR of 1% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 1.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

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 Europe Acrylonitrile Market, by Application
- 1.4.2 Europe 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. Europe Acrylonitrile Market by Application

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

Chapter 5. Europe Acrylonitrile Market by Country

5.1 Germany Acrylonitrile Market
- 5.1.1 Germany Acrylonitrile Market by Application
5.2 UK Acrylonitrile Market
- 5.2.1 UK Acrylonitrile Market by Application
5.3 France Acrylonitrile Market
- 5.3.1 France Acrylonitrile Market by Application
5.4 Russia Acrylonitrile Market
- 5.4.1 Russia Acrylonitrile Market by Application
5.5 Spain Acrylonitrile Market
- 5.5.1 Spain Acrylonitrile Market by Application
5.6 Italy Acrylonitrile Market
- 5.6.1 Italy Acrylonitrile Market by Application
5.7 Rest of Europe Acrylonitrile Market
- 5.7.1 Rest of Europe 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 Europe Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 2 Europe Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 3 Europe Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Acrylonitrile Butadiene Styrene (ABS) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Acrylic Fiber Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Acrylic Fiber Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Acrylic Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Acrylic Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Styrene Acrylonitrile Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Styrene Acrylonitrile Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Styrene Acrylonitrile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Styrene Acrylonitrile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Adiponitrile Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Adiponitrile Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Adiponitrile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Adiponitrile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Acrylamide Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Acrylamide Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Acrylamide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Acrylamide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Carbon Fiber Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Carbon Fiber Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Carbon Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Carbon Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Nitrile Rubber Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Nitrile Rubber Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Nitrile Rubber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Nitrile Rubber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Acrylonitrile Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Acrylonitrile Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Acrylonitrile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Acrylonitrile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Germany Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 46 Germany Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 47 Germany Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 48 Germany Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 49 Germany Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 50 Germany Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 51 Germany Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 52 Germany Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 53 UK Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 54 UK Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 55 UK Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 56 UK Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 57 UK Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 58 UK Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 59 UK Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 UK Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 France Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 62 France Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 63 France Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 64 France Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 65 France Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 66 France Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 67 France Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 France Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Russia Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 70 Russia Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 71 Russia Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Russia Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Russia Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 74 Russia Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 75 Russia Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Russia Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Spain Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 78 Spain Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 79 Spain Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Spain Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Spain Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 82 Spain Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 83 Spain Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Spain Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Italy Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 86 Italy Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 87 Italy Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Italy Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Italy Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 90 Italy Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 91 Italy Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 Italy Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of Europe Acrylonitrile Market, 2019 - 2022, USD Million
TABLE 94 Rest of Europe Acrylonitrile Market, 2023 - 2030, USD Million
TABLE 95 Rest of Europe Acrylonitrile Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of Europe Acrylonitrile Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of Europe Acrylonitrile Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of Europe Acrylonitrile Market by Application, 2023 - 2030, USD Million
TABLE 99 Rest of Europe Acrylonitrile Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of Europe Acrylonitrile Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Key Information - INEOS Group Holdings S.A.
TABLE 102 Key Information - Sumitomo Chemical Co., Ltd.
TABLE 103 Key Information - China Petrochemical Development Corporation
TABLE 104 Key Information - Asahi Kasei Advance Corporation
TABLE 105 KEY INFORMATION - MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 106 Key Information - Ascend Performance Materials
TABLE 107 Key Information - AnQore
TABLE 108 Key Information - Formosa Plastics Group
TABLE 109 Key Information - TAEKWANG Industrial Co., ltd.

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