Acrylonitrile Market By Derivative Type (Acrylonitrile Butadiene Styrene (ABS), Acrylic Fibers, Styrene Acrylonitrile (SAN), Adiponitrile, Nitrile Butadiene Rubber (NBR), Carbon Fiber, Acrylamide, Specialty Resins, Others), By Production Process (Propylene Ammoxidation, Propane Ammoxidation), By Application (Plastics Manufacturing, Synthetic Fiber Production, Rubber Manufacturing, Adhesives and Sealants, Automotive Parts, Consumer Goods, Construction Materials, Packaging Solutions, Electrical & Electronics Components, Coatings and Surface Finishing, Others), By Distribution Channel (Direct Sales, Distributors & Wholesalers, Online Sales Platforms, Others), Global Market Size, Segmental Analysis, Regional Overview, Company Share Analysis, Leading Company Profiles and Market Forecast, 2025 – 2035.

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Industry Outlook

The Acrylonitrile Market accounted for USD 11.56 Billion in 2024 and USD 12.1 Billion in 2025 is expected to reach USD 17.52 Billion by 2035, growing at a CAGR of around 3.85% between 2025 and 2035. Increased use in end-use industries and green production methods is fueling acrylonitrile demand. The acrylonitrile market is the market based on the production and consumption of acrylonitrile, which is an important industrial product with major uses including the manufacturing of plastics, synthetic rubbers, and acrylic fibers.

It is an essential component of high-performance materials, such as ABS, SAN, and carbon fiber, being an active component in the automobile, building, electronic, and textile industries. The increase in demand for lightweight and strong materials is a boost to the market, particularly in the automobile and consumer products industries. Eco-friendly processes of production, such as propane ammoxidation, are catching up in advancement. The trend toward increased industrialization and infrastructure construction, especially in Asia-Pacific, is likely to continue in the long run, resulting in sustained growth.

Industry Experts Opinion

“Put simply, Invireo™ is a green feedstock that reduces the carbon footprint of the end product by more than 90%. Through our sustainability programme, we have developed this new, bio-based product line. They move the industry closer towards a lower‑carbon economy for acrylonitrile without compromising the unique product qualities.”

• Hans Casier, CEO of INEOS Nitriles.

Report Scope:

Market Dynamics

Increasing demand for ABS in automotive for lightweight and durable components.

The Acrylonitrile Market is experiencing tremendous growth, where the demand for acrylonitrile butadiene styrene (ABS) in the automobile industry is growing. ABS has been well appreciated due to its good impact resistance, strength, and low weight, which makes it very good in automotive use, like in arms, dashboards, and interior trim. The speeds with which the ABS is being used are soaring as automobile manufacturers worldwide are arriving at adopting lightweight machinery in vehicles in order to tackle endurable emission standards and strengthen the cache of fuel economy.

The International Organization of Motor Vehicle Manufacturers (OICA) reported 21.44 million light units produced in 2023, but this was a 9% increase over the same period in 2022. This development translates directly into the demand for sophisticated polymer materials such as ABS. Moreover, due to a balance of weight and safety considerations, the electric vehicle manufacturers are turning to employ ABS components more as they produce their vehicles. The fact that the polymer is easier to finish and mold also brings it added value in the design flexibility aspect. The trend facilitates the long-term growth of ABS applications. With changes in the automotive industry, ABS stays at the center of innovations in lightweight.

Rapid expansion of synthetic fiber usage in the global clothing and home textile industries.

The Acrylonitrile Market is also highly dynamically developing, which is explained by the active spreading of the application of synthetic fiber in the national and global markets of clothes and home textile products. Synthetic fibers, most commonly acrylic fibers that are made out of acrylonitrile, are common in clothing and carpets, upholstery, and furniture since they last long, are cheap, and are easily fixed. With an estimated usage of textile fibers to achieve a 60 percent share globally, the European Environment Agency ascertains the dominance of synthetic fibers in the textile industry.

The preference is rising because of the fast fashion wave, the heightening of urbanization, and the changes in consumer lifestyles. Moreover, the home renovation and interior decoration fad has also increased the demand for synthetic fabrics. The acrylics are particularly adapted to the colder regions and are wool-like, and having the benefit of retaining color. Asian Pacific countries like China and India are leading producers and consumers with government-supported industrial growth. Consequently, the rising usage of synthetic fibers has been expanding to increase demand in the acrylonitrile value chain.

Fluctuating propylene prices are causing instability in acrylonitrile production cost structures.

The Acrylonitrile Market is also being exposed to the unstable price factor of its major raw material, which is propylene. Propylene is a petroleum-based raw material, and hence its price volatility closely follows international trends in crude oil, and as shutdowns and working of refineries and disruptions in the supply chain. Such fluctuations directly affect the cost of acrylonitrile production, and this has made it hard for the manufacturers to sustain uniform pricing and profit margins. This is because the cost of inputs will change after some time, and this might cause production delays, renegotiations of contracts, and uncertainty in long-run planning.

There have been government and industry reports of periodic disruption of propylene supply, especially in cases of refinery shutdowns and geopolitical reasons. This volatility is problematic to both small and large acrylonitrile producers, particularly those who operate on thin margins. To counter this, some manufacturers are trying to look elsewhere or enter into long-term propylene supply contracts. All these interventions notwithstanding, general volatility in propylene forms an important limitation in cost control in acrylonitrile and operational effectiveness.

Development of bio-attributed acrylonitrile supporting green and sustainable manufacturing practices.

The Acrylonitrile Market is experiencing a radical change as bio-attributed acrylonitrile has been developed, which helps promote green and sustainable production processes. This product is produced using a renewable type of feedstock like bio-propylene, and it has a high reduction in the amount of greenhouse gases emitted when compared with normal acrylonitrile. Examples are world-leading producers claiming carbon footprint reductions up to 90 percent on certified mass-balance methods. The chemical properties and performance of bio-attributed acrylonitrile are the same as standard acrylonitrile; therefore, this can serve as a drop-in solution in other applications in industries such as automobiles, textiles, and uniforms.

It can fit into an increasing pressure of regulation to minimize carbon emissions and circular economy objectives. This sustaining change is experienced in industries that utilize acrylonitrile in products like acrylonitrile-butadiene-styrene (ABS), acrylic fibers, and carbon fiber composites. Consumer demand for environmentally friendly materials and the need for responsibly sourced materials are also fostering the development. Bio-attributed acrylonitrile delivers a quality of operational and reputational advantages as the tolerances of environmental compliance increase worldwide. The progress is set to transform the market by merging sustainability with the fundamental production activity.

Expanding infrastructure in Asia is creating demand for construction and automotive polymers.

The Acrylonitrile Market is doing very well in terms of its growth, and this is attributed to rising infrastructure projects in the Asian regions, which are boosting the demand for construction and automotive polymers. India, China, and Southeast Asian countries are making huge investments in highways, railways, smart cities, and urban housing. As reported by the Government of India, it is stated that infrastructure investment in India is ever-growing year-to-year, with a direction toward connectivity and industrial development. This spike in building activities is increasing the demand for polymer materials that are durable and lightweight, like ABS and SAN, which are produced using acrylonitrile.

The materials find their application mostly in pipes, fittings, panels, and other structural elements. At the same time, the automotive sector of the region is developing at a high pace, providing additional stimulus to the use of high-performance plastics and composite materials. Polymers based on acrylonitrile are preferred due to their strength, corrosion resistance, and pliability of molding. With the ongoing urbanization and industrialization of Asia, acrylonitrile is expected to grow proportionately in demand in infrastructure and mobility products.

Segment Analysis

Based on the product type, the Acrylonitrile Market is classified into Acrylonitrile Butadiene Styrene (ABS), Acrylic Fibers, Styrene Acrylonitrile (SAN), Adiponitrile, Nitrile Butadiene Rubber (NBR), Carbon Fiber, Acrylamide, Specialty Resins, and Others. The largest segment by far is acrylonitrile butadiene styrene (ABS) because it finds extensive application in parts of automotives, electronics, and consumer goods, mainly because it is very sturdy and impact-proof. There are also the acrylic fibers that have a very high share as they find their use in textile and clothing purposes.

Styrene Acrylonitrile (SAN) is incorporated in transparent and rigid plastic products and especially packaging and household products. Nylon 6,6 has adiponitrile, an engineering plastic supporting precursor. Nitrile Butadiene Rubber (NBR) has a major application in glove, seal, and hose manufacturing. There is a steady growth in carbon fiber with its application to the aerospace industry and sporting gear. New specialty derivatives like acrylamide are picking up in their application in water treatment and paper processing industries.

Based on the application, the Acrylonitrile Market is classified into plastics manufacturing, synthetic fiber production, rubber manufacturing, adhesives and sealants, automotive parts, consumer goods, construction materials, packaging solutions, electrical & electronics components, coatings, and surface finishing. The plastics and polymers dominated the market because they are used broadly in the manufacturing of long-lasting and lightweight materials in automotive, electrical, and consumer areas. There is a great production of synthetic fibers, especially acrylic fibers, in the textile industry, especially in winter garments and upholstery.

Nitrile butadiene rubber can be produced in high demand because of the use of gloves, seals, and hoses in automotive and industrial applications. The binding properties of adhesives and sealants have been used to utilize acrylonitrile in the building industry and the packaging industry. The automotive industry applies acrylonitrile-based products on dashboards, bumpers, and interior trims. The use of electrical and electronic components is increasing because of the need for flame-resistant and long-lasting parts. Packaging also plays its part because more and more lightweight, chemical-resistant containers are being used.

Regional Analysis

North America Acrylonitrile Market is dominating because of its well-established chemical industry with great demand in end-use industries like automotive, electronics, and construction sectors. The area is characterized by the presence of the major market actors, great manufacturing production technologies, and highly emphasized product innovation and quality.

The American market also leads the regional market, and the continuous increase in the consumption of ABS and NBR due to high performance is one of the main reasons. Moreover, increased interest in lightweight car materials and energy-saving building materials is boosting the demand for acrylonitrile. The environmental regulation is also stimulating cleaner production, and the propane-to-ammoxidation process is one of them. The sustainability and stability of the industrial base remain the strength of the North American market.

The Asia Pacific Acrylonitrile Market is growing rapidly at a very high rate due to high levels of industrialization, urbanization, and the development of manufacturing industries in the various countries in the region, such as China, India, South Korea, and Japan. The increase in the need for automotive parts, consumer electronics, and building materials is driving the demand for acrylonitrile, mainly in the form of ABS and acrylic fiber.

China is one of the sources of growth since it has considerable chemical plant investments and a growing domestic demand for lightweight polymers and synthetic fibres. In India as well, there is a remarkable expansion because of infrastructure and expansion in the textile industry. The existence of favorable government policies that aid in the development of industry and foreign investments also increases the production capacity in the region. The cost of labor and raw materials is low in the region; hence, it is a major hub in the industry of acrylonitrile manufacturing and export.

Competitive Landscape

The competition in the Acrylonitrile Market is characterized by the presence of such global competitors as INEOS, Sinopec, Asahi Kasei, Ascend Performance Materials, and Mitsubishi Chemical. The companies concentrate on capacity increase, sustainable developments, and new technology development as ways of keeping the leadership in the market. Recently, INEOS introduced Invireo TM, a bio-attributed acrylonitrile that emits more than 90% less carbon footprint and strengthens its determined green chemistry.

The trend of producing sustainably was evidenced when Sumitomo Chemical was given an ISCC PLUS certification for its Japanese plant. In the first quarter of 2024, Mitsubishi Chemical reorganized its strategy by dropping acrylonitrile manufacturing at its Hiroshima plant. In the meantime, Chinese and South Korean companies are busy increasing output, trying to keep up with the increased domestic and foreign demand. Raw material security is also done by joint ventures and long-term supply contracts. Low-cost manufacturing is becoming strong among the Asian players in the Pacific region. Competitive differentiation focuses on technological innovation and environmentally friendly options. The market is comparatively consolidated, in regional competition is increasing.

Acrylonitrile Market, Company Shares Analysis, 2024

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Recent Developments:

• In March 2025, A market report projected substantial growth in acrylonitrile use through 2032, driven by rising demand in the automotive and electronics sectors.
• In January 2025, North American acrylonitrile prices stabilized after a dip in early 2025, with recovery expected by March due to increased automotive sector demand.

Report Coverage:

By Derivative Type

• Acrylonitrile Butadiene Styrene (ABS)
• Acrylic Fibers
• Styrene Acrylonitrile (SAN)
• Adiponitrile
• Nitrile Butadiene Rubber (NBR)
• Carbon Fiber
• Acrylamide
• Specialty Resins
• Others

By Production Process

• Propylene Ammoxidation
• Propane Ammoxidation

By Application

• Plastics Manufacturing
• Synthetic Fiber Production
• Rubber Manufacturing
• Adhesives and Sealants
• Automotive Parts
• Consumer Goods
• Construction Materials
• Packaging Solutions
• Others

By Distribution Channel

• Direct Sales
• Distributors & Wholesalers
• Online Sales Platforms
• Others

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of the Middle East & Africa

List of Companies:

• INEOS Nitriles Limited
• Asahi Kasei Corporation
• Ascend Performance Materials LLC
• Mitsubishi Chemical Corporation
• Sinopec Group
• Reliance Industries Limited
• Formosa Plastics Corporation
• Sumitomo Chemical Co., Ltd
• Taekwang Industrial Co., Ltd.
• Shanghai Secco Petrochemical Company Limited
• AnQore B.V.
• Petkim Petrokimya Holding A.Ş.
• Rütgers Group
• Repsol S.A.
• The Lubrizol Corporation

Frequently Asked Questions (FAQs)