Global Acrylonitrile (ACN) Market – Growth, Trends & Forecasts (2015-2020) – Research and Markets
By Business Wire News
By Business Wire News
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 market.
The industry is expected to face certain challenges such as fluctuation of crude oil prices, product commoditization and saturation in demand for Acrylonitrile.
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
- BP p.l.c.
- China Petrochemical Development Corporation
- Cytec Industries Inc.
- DSM NV
- 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
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