Acrylonitrile Global Market Report 2026

Acrylonitrile is an organic compound represented by the formula CH2CHCN. It is a toxic, colorless, pale-yellow liquid. Acrylonitrile serves as a crucial raw material in the production of acrylic and modacrylic fibers. Additionally, it finds essential applications in the manufacturing of plastics such as acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN), nitrile rubbers, nitrile barrier resins, adiponitrile, and acrylamide.

The main applications of acrylonitrile span across various sectors, including acrylic fiber, adiponitrile, styrene-acrylonitrile, acrylonitrile butadiene styrene, acrylamide, carbon fiber, nitrile rubber, and others. Acrylic fibers, derived from acrylonitrile, are soft, stretchy, and result in lightweight, lofty yarns. Used as a substitute for wool in clothing and carpets, acrylic fiber is known for its flexibility and adaptability, producing fluffy and light yarns with characteristics resembling wool. End-users of acrylonitrile include the automotive, electrical and electronics, construction, packaging, and other industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the acrylonitrile market by increasing costs of imported propylene feedstocks, catalysts, and specialized processing equipment used in large-scale chemical plants. Asia-Pacific and Europe are particularly impacted due to high interregional trade volumes, while North America faces margin pressure in downstream abs and fiber manufacturing. These tariffs contribute to higher polymer and fiber prices across automotive, electronics, and textiles. However, they are also driving investments in domestic chemical capacity, feedstock integration, and process efficiency improvements.

The acrylonitrile market research report is one of a series of new reports from The Business Research Company that provides acrylonitrile market statistics, including acrylonitrile industry global market size, regional shares, competitors with a acrylonitrile market share, detailed acrylonitrile market segments, market trends and opportunities, and any further data you may need to thrive in the acrylonitrile industry. This acrylonitrile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The acrylonitrile market size has grown strongly in recent years. It will grow from $14.97 billion in 2025 to $16.02 billion in 2026 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to expansion of synthetic fiber manufacturing, growth in abs and san plastics production, increasing demand for nitrile rubber, availability of petrochemical infrastructure, rising industrial chemical consumption.

The acrylonitrile market size is expected to see strong growth in the next few years. It will grow to $20.72 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing adoption in electric vehicle components, expansion of carbon fiber production, rising focus on emission-efficient chemical plants, growing packaging material demand, increasing regulatory pressure on emissions. Major trends in the forecast period include expansion of high-performance polymer applications, rising demand from automotive lightweighting, increasing use in advanced plastics and fibers, growth of integrated chemical production, enhanced process optimization.

The rising construction activities are expected to drive the growth of the acrylonitrile market. Construction activities include tasks and operations involved in building, renovating, or developing structures such as buildings, infrastructure, and facilities. The growth in construction is primarily fueled by increasing urbanization, which raises demand for residential, commercial, and infrastructure development. Acrylonitrile is used in producing polyvinyl chloride (PVC) pipes and fittings, as well as in insulating walls, roofs, and floors in buildings. For example, in July 2024, the US Census Bureau reported that the value of construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, expanding construction activities are boosting the acrylonitrile market.

Key companies in the acrylonitrile market are focusing on innovations such as bio-based acrylonitrile to reduce carbon footprints while maintaining performance. Bio-based acrylonitrile is produced from renewable feedstocks instead of fossil fuels, offering equivalent functionality with a lower environmental impact. For instance, in June 2023, INEOS Nitriles, a UK-based petrochemical manufacturer, launched Invireo, a bio-attributed acrylonitrile product derived from sustainable feedstocks. Designed as a drop-in replacement for conventional acrylonitrile, Invireo can be used without modifying existing production processes and finds applications across plastics, carbon-fiber precursors, and synthetic fibers. By incorporating Invireo, INEOS Nitriles enables a reduction of over 90% in the carbon footprint of end products, supporting more sustainable chemical manufacturing.

In June 2024, Trillium Renewable Chemicals, a US-based sustainable chemical technology company, partnered with INEOS Nitriles to establish a demonstration plant for bio-based acrylonitrile at INEOS's Green Lake facility in Texas. This collaboration combines Trillium's proprietary glycerol-to-acrylonitrile process with INEOS's large-scale nitriles manufacturing infrastructure to create a lower-carbon acrylonitrile pathway for markets including plastics, carbon fiber, and synthetic rubber. INEOS Group Limited, based in the UK, provides acrylonitrile for these applications.

Major companies operating in the acrylonitrile market are BASF SE, INEOS Group Limited, Asahi Kasei Corporation, Ascend Performance Materials, Formosa Plastics Corporation, Sumitomo Chemical Co. Ltd., Mitsubishi Chemical Group Corporation, LG Chem Ltd., Sinopec Group, China National Petroleum Corporation (CNPC), AnQore BV, Taekwang Industrial Co. Ltd., Kolon Industries Inc., Jilin Petrochemical Company, Shanghai Secco Petrochemical Company Limited, Zhejiang Petrochemical Co. Ltd., Toray Industries Inc., Lotte Chemical Corporation, PetroChina Company Limited, Reliance Industries Limited, SABIC

Asia-Pacific was the largest region in the acrylonitrile market in 2025. North America was the second-largest region in the acrylonitrile market. The regions covered in the acrylonitrile market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the acrylonitrile market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The acrylonitrile market consists of sales of acrylonitrile that is used in the manufacture of modacrylic fibers in textiles industry. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Acrylonitrile Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses acrylonitrile market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for acrylonitrile ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The acrylonitrile market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Acrylonitrile Monomer; Styrene-Acrylonitrile (SAN) Copolymers; Acrylonitrile-Butadiene-Styrene (ABS) Resins; Carbon-Fiber Precursors And Specialty Grades
• 2) By Application: Acrylic Fiber; Adiponitrile; Styrene Acrylonitrile; Acrylonitrile Butadiene Styrene; Acrylamide; Carbon Fiber; Nitrile Rubber; Other Applications
• 3) By End User: Automotive; Electrical & Electronics; Construction; Packaging; Other End Users
• Subsegments:
• 1) By Acrylonitrile Monomer: Polymer-Grade Acrylonitrile; Fiber-Grade Acrylonitrile; Chemical-Intermediate Grade Acrylonitrile
• 2) By Styrene-Acrylonitrile (SAN) Copolymers: General-Purpose SAN; High-Heat-Resistant SAN; High-Transparency SAN; Impact-Modified SAN
• 3) By Acrylonitrile-Butadiene-Styrene (ABS) Resins: Standard ABS Resins; High-Impact ABS; Flame-Retardant ABS; Heat-Resistant ABS; Electroplating-Grade ABS
• 4) By Carbon-Fiber Precursors and Specialty Grades: Polyacrylonitrile (PAN)-Based Carbon Fiber Precursors; High-Molecular-Weight PAN Grades; Oxidation-Stabilized PAN Fibers; Specialty PAN Copolymers
• Companies Mentioned: BASF SE; INEOS Group Limited; Asahi Kasei Corporation; Ascend Performance Materials; Formosa Plastics Corporation; Sumitomo Chemical Co. Ltd.; Mitsubishi Chemical Group Corporation; LG Chem Ltd.; Sinopec Group; China National Petroleum Corporation (CNPC); AnQore BV; Taekwang Industrial Co. Ltd.; Kolon Industries Inc.; Jilin Petrochemical Company; Shanghai Secco Petrochemical Company Limited; Zhejiang Petrochemical Co. Ltd.; Toray Industries Inc.; Lotte Chemical Corporation; PetroChina Company Limited; Reliance Industries Limited; SABIC
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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