segment include growing automobile sector as the ABS is used in the manufacturing of bumpers,
panels and handles of automobiles as well as rising consumption of ABS in chemical industry.
Asia Pacific is estimated to Command the Largest Share of This Market
Based on region, the acrylonitrile market is segmented into North America, Europe, Asia, and the Rest
of the World (RoW). Asia Pacific is expected to dominate the acrylonitrile market in 2017. This is
attributed to factors such as dynamic economic development and increasing demand for electrical and
electronic gadgets, house ware appliances and automobiles in India and China. Moreover, durable
manufacturing base of electronics in China, Korea, Taiwan and Japan is likely to drive the demand and
is expected to bring new opportunities for Acrylonitrile manufacturers in the Asia Pacific region.
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Geographic Coverage
The report profiles some of the key companies in the acrylonitrile market including Ineos, Petro China,
Asahi Chemicals, Asahi Kasei Corp., Mitsubishi Rayan Co., SINOPEC, Ascend Performance Materials,
Formosa Plastics Corp., Taekwang Industrial Co., Shanghai SECCO Petrochemical Co., Reliance
Industries Limited, Lukoil, Cytec Industries Inc., and Sumitomo Chemical Company Limited.
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