Infinium Global Research Acrylonitrile Market | Page 3

World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023. Asia-Pacific is accounted for half of the global production capacity as well as the leader consumption of Acrylonitrile region in the global Acrylonitrile market. The Asia Pacific market region is anticipated to grow at a highest CAGR over the forecast period due to 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. Furthermore, following Asia Pacific region Europe is anticipated to grow significantly due to a growth in automobile manufacturing. However, North America is also anticipated to grow significantly due to presence of pharmaceutical manufacturing industries. Companies Profiled: The companies covered in the report include Ineos, Petro China, Asahi Chemicals, Asahi Kasei Corp., Mitsubishi Rayan Co., SINOPEC, Ascend Performance Materials, Formosa Plastics Corp., Taekwang Industrial Co., and Shanghai SECCO Petrochemical Co., Report Highlights: The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of acrylonitrile globally as well as regionally. Moreover, IGR-growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter’s five forces analysis and value chain analysis of acrylonitrile. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the acrylonitrile market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the acrylonitrile market to understand the present and future trends in this market and formulate their strategies accordingly.