Global Acrylonitrile (ACN) Market - Growth, Trends & Forecasts (2015-2020) - Research and Markets
Research and Markets (http://www.researchandmarkets.com/research/9lxb6t/global)
has announced the addition of the "Global
Acrylonitrile (ACN) Market - Growth, Trends and forecasts (2015-2020)"
report to their offering.
Global Acrylonitrile (ACN) Market is expected to grow at a CAGR of 4%
during the forecast period.
Asia Pacific, with a CAGR of 5%, will continue to be the leader in
acrylonitrile consumption. Europe and North American regions are
estimated to show a moderate growth. Total production capacity of
acrylonitrile (ACN) was estimated to be 6.9 million tonnes. Asia Pacific
accounts for over half of the global production capacity. China and the
US have the highest installed capacities.
Capacity utilization is expected to grow from 86% at present to 92% by
2020. New capacities are expected to be added in China, Iran and Saudi
Arabia in the near future. China aims to become more self-sufficient and
less dependent on import by adding new ACN plants.
The low per capita consumption of Acrylonitrile products in developing
countries such as India, China and Brazil, along with the growth of
end-use industries provides a bright future for global Acrylonitrile
The industry is expected to face certain challenges such as fluctuation
of crude oil prices, product commoditization and saturation in demand
Key Topics Covered:
2. Executive Summary
3. Acrylonitrile (ACN) Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
Asahi Kasei Corporation
Ascend Performance Materials
China Petrochemical Development Corporation
Cytec Industries Inc.
INEOS Group Limited
Mitsubishi Chemical Corporation
Formosa Plastics Group
Reliance Industries Limited
Sinopec Shanghai Petrochemical Company Limited
Sasol Chemical Industries Ltd
Sumitomo Chemical Company Limited
LUKOIL Oil Company
Repsol YPF, S.A.
For more information visit http://www.researchandmarkets.com/research/9lxb6t/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20160126006575/en/
Copyright Business Wire 2016
Source: Business Wire
(January 26, 2016 - 2:50 PM EST)
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