The Acrylonitrile Market is expected to grow from USD 13.343 billion in 2025 to USD 16.133 billion in 2030, at a CAGR of 3.87%.
Acrylonitrile, also known with the formula CH2CHCN, is a colourless volatile organic liquid. Although impurities in commercial samples might cause them to look yellow. It has strong garlic or onion odour. Its molecular structure is made up of a vinyl group coupled to a nitrile. Acrylonitrile is a chemical intermediary utilised in the production of a variety of compounds such as acrylonitrile butadiene styrene, acrylic fibres, acrylamide, nitrile rubber, adiponitrile, carbon fibres, and others. Acrylonitrile and related derivatives are widely utilised in the automotive and construction sectors due to their excellent properties such as chemical, thermal stability, high mechanical strength, and durability. Acrylic fibres have several applications in the textile and packaging sector.
The growing application of plastics at various end-use industries is the primary market driver for the acrylonitrile market. Acrylonitrile is primarily used in the manufacturing of plastics such as acrylonitrile butadiene styrene, acrylonitrile styrene acrylate, styrene-acrylonitrile, and others. The acrylonitrile market is projected to be driven by high demand for these plastics from the automotive, construction, and other industries due to their properties. The toxicity of acrylonitrile is a major market restriction. Acrylonitrile is highly combustible, poisonous and emits deadly fumes like nitrogen oxide and hydrogen cyanide.
According to the World Bank's World Integrated Trade Solution (WITS), the top exporters of Styrene polymers; acrylonitrile-butadiene-styrene (ABS) copolymers in primary forms in 2019 were Korea, Rep. ($2,244,420.00K, 1,359,590,000 Kg), Other Asia, nes ($1,737,288.25K, 1,103,730,000 Kg), Hong Kong, China ($832,274.15K, 523,534,000 Kg), Malaysia ($430,973.49K, 325,064,000 Kg), Netherlands ($363,343.57K, 213,879,000 Kg).
Global plastics production has nearly hit 370 million tonnes, according to Plastics Europe 2020. Plastics production in Europe has nearly surpassed 58 million tonnes. In terms of industrial value-added contribution, the European plastics industry ranks seventh in Europe. The rising use of plastics in various end-use sectors will drive the growth of the acrylonitrile market.
Acrylonitrile is most commonly used in the production of acrylic and modacrylic fibres. It is also utilised in the production of plastics (acrylonitrile-butadiene-styrene and styrene-acrylonitrile resins), adiponitrile, acrylamide, and nitrile rubbers, and barrier resins. Acrylonitrile can be harmful by inhalation, ingestion, and skin contact. Acute or short term exposure to acrylonitrile exposure has been linked to causing mucous membrane irritation, headaches, dizziness, and nausea among factory workers.
Acrylonitrile Market Segments: