Global Adiponitrile
Market Report
2024
The global adiponitriles market was valued at USD 8.9 billion in 2022 and is projected to reach USD 11.25 billion by 2030, registering a CAGR of 4.98 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Adiponitrile Market Report 2024.
The global adiponitriles market was valued at USD 8.9 billion in 2022 and is projected to reach USD 11.25 billion by 2030, registering a CAGR of 4.98 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Adiponitrile Market Sales Revenue 2022 | $ 8.9 Billion |
Global Adiponitrile Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.98% |
Market Split by Production Process |
|
Market Split by Application |
|
Market Split by End Use |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Adiponitrile industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Adiponitrile Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Adiponitrile is a chemical compound with the molecular formula C6H8N2. It is an organic compound that belongs to the family of nitriles. Nitriles are organic compounds containing a cyano group (CN) attached to a carbon atom. One of the primary uses of adiponitrile is as a precursor in the production of hexamethylenediamine (HMDA), a key building block in the manufacture of nylon-6,6. Nylon-6,6 is a synthetic polymer widely used in textiles, plastics, and other materials due to its high strength and durability. Adiponitrile plays a crucial role in the chemical industry, particularly in the production of nylon and related materials.
The increasing demand for polymers in the electrical and electronics industry is the major factor driving the adiponitrile market growth. The electrical and electronics industry relies heavily on polymers for various purposes, including insulation, cable sheathing, connectors, and housing components for electronic devices. Polymers offer advantages such as electrical insulation, lightweight construction, and design flexibility, making them essential in this industry. Adiponitrile-derived nylon 6,6 can be used in the production of wire and cable insulation, connectors, and other components in electronics. These polymers are resistant to high temperatures and surface mount technology (SMT) processes. Thus, the demand for adiponitriles is increasing in the electrical and electronics industry.
Adiponitrile is typically produced from butadiene and hydrogen cyanide. Fluctuations in the availability and pricing of these raw materials can impact the cost of producing adiponitrile. If the prices of these feedstocks rise significantly or if there are supply disruptions, it can lead to increased production costs and potentially impact the growth of the adiponitrile market. This is somehow restraining the growth of the global market.
The rapid spread of COVID-19 has had a significant impact on global markets, as the pandemic has put the world's major economies on lockdown. Because of the major lockdown, the entire consumer market has suddenly lost interest in purchasing any goods. The shutdown of all types of international transportation is one of the major challenges that the market is facing. The market for adiponitrile has slowed due to the global crisis, which has affected all sectors, including automotive, which has been hit by slowing demand in goods production and exports.
We have various report editions of Adiponitrile Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In November 2022, INVISTA Nylon Chemicals (China) Co. inaugurated the new adiponitrile plant at the Shanghai Chemical Industry Park.
In November 2022, INVISTA Nylon Chemicals (China) Co. opened the new adiponitrile plant at the Shanghai Chemical Industry Park. The new plant has a capacity of 400,000 tons/year and will help increase the high-quality upgrades of the Chinese chemical industry.
Top Companies Market Share in Adiponitrile Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America has gained the largest market share in the global adiponitrile market. The U.S. is the largest manufacturer of adiponitrile, with the presence of major manufacturers such as Invista and Ascend Performance Chemicals contributing to more than one-third of global production. Also, the region has the highest consumption of the product which mainly goes into the manufacturing of nylon 6,6 for its application in automotive parts manufacturing and textile. Furthermore, Fiat-Chrysler, Ford, and General Motors are the major players dominating the automotive manufacturing sector of North America. Major players in the electric vehicle manufacturing sector such as Tesla, Ford, and Chevrolet are anticipated to gain significant market share over the projected period. As an effect of it, the North American region is expected to maintain its position as a major producer and consumer of the product in the near future.
Asia Pacific adiponitrile market is anticipated to witness the fastest growth during the forecast period from 2022-2030. Kishida Chemicals is the major adiponitrile manufacturer in Asia Pacific catering to the domestic and regional demand for the product. Asia Pacific has witnessed increasing consumption of adiponitrile in automotive parts manufacturing owing to the presence of numerous OEM manufacturers across the region. Leading global players have been shifting their production bases to developing countries such as India and China in order to reduce production costs and cater to the market effectively. Thus, the demand for adiponitrile is increasing in the Asia-Pacific region.
The current report Scope analyzes Adiponitrile Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Adiponitrile Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Adiponitrile Industry growth. Adiponitrile market has been segmented with the help of its Production Process, Application End Use, and others. Adiponitrile market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Adiponitrile market.
Production Process of Adiponitrile analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Adiponitrile Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Adiponitrile from 2019 to 2031. This will also help to analyze the demand for Adiponitrile across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Adiponitrile are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
In 2022, the automotive segment dominated the global adiponitriles market. Polyamide 6,6 is used in more than 75 automotive applications, which include the manufacturing of radiator tanks, engine covers, pedal boxes, and a variety of other components. Previously, many of these parts were made of metals, such as aluminum and iron; however, the use of metal components resulted in a high weight of vehicles and thus affected the performance and fuel efficiency. Polyamide 6,6 has superior properties such as heat resistance, stiffness, lightweight, resistance to hydrocarbons, better creep resistance, lubricity, and wear resistance. Thus, it is widely used to manufacture automotive components.
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Adiponitrile Market is witnessing significant growth in the near future.
In 2023, the Hydrocyanation of Butadiene segment accounted for noticeable share of global Adiponitrile Market and is projected to experience significant growth in the near future.
The Nylon Synthesis segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Solvay, Invista and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Production Process | Hydrocyanation of Butadiene, Electrochemical Hydrodimerization of Acrylonitrile, Others |
Application | Nylon Synthesis, Hexamethylene Diisocyantes (HDI), Electrolyte Solutions, Other |
End Use | Automotive, Electricals & Electronics, Chemical, Textile, Others |
List of Competitors | Solvay, Rhodia Group, Invista, BASF, Lyondellbasell Industries, LG Chem, Ineos, China Petroleum & Chemical Corporation, Braskem, Evonik Industries, DowDuPont, JSR Corporation, Royal Dutch Shell, Saudi Basic Industries Corporation |
This chapter will help you gain GLOBAL Market Analysis of Adiponitrile. Further deep in this chapter, you will be able to review Global Adiponitrile Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Production Process Analysis 2019 -2031, will provide market size split by Production Process. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Production Process Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Adiponitrile market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hydrocyanation of Butadiene have a significant impact on Adiponitrile market? |
What are the key factors affecting the Hydrocyanation of Butadiene and Electrochemical Hydrodimerization of Acrylonitrile of Adiponitrile Market? |
What is the CAGR/Growth Rate of Nylon Synthesis during the forecast period? |
By type, which segment accounted for largest share of the global Adiponitrile Market? |
Which region is expected to dominate the global Adiponitrile Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Adiponitrile Market
Request Sample