Delivering more actionable and strategically valuable research, The Business Research Company’s 2026 market reports feature market attractiveness analysis, total addressable market evaluation, company benchmarking matrices, interactive Excel dashboards, expanded supply chain intelligence, emerging startup coverage, and detailed product insights.
Acrylonitrile Market Size, Value And Growth Trends Through 2030
The acrylonitrile market has seen significant expansion over recent years. Its size is projected to increase from $14.97 billion in 2025 to $16.02 billion in 2026, representing a compound annual growth rate (CAGR) of 7.0%. This past growth can be attributed to several factors, including the expansion of synthetic fiber manufacturing, the rise in ABS and SAN plastics production, increasing demand for nitrile rubber, the availability of petrochemical infrastructure, and growing industrial chemical consumption.
The acrylonitrile market is expected to grow significantly in the coming years, with its valuation forecasted to reach $20.72 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 6.6%. Key drivers for this expansion during the projection period include increased adoption in electric vehicle components, growth in carbon fiber production, a stronger focus on sustainable chemical plants, rising demand for packaging materials, and stricter regulations related to emissions. Furthermore, notable trends emerging during this forecast span the wider use of high-performance polymers, increased requirements from efforts to lightweight automobiles, growing utilization in advanced plastics and fibers, progress in integrated chemical manufacturing, and enhancements in process optimization.
Download A Free Sample Report For Comprehensive Market Insights:
Acrylonitrile Market Development Factors: Which Trends Are Supporting Demand?
Increasing construction activities are anticipated to propel the expansion of the acrylonitrile market in the future. These activities encompass various tasks and operations involved in the process of constructing, renovating, or erecting structures such as buildings, infrastructure, and facilities. The primary impetus behind the rise in construction activities stems from growing urbanization, as more individuals relocate to cities, leading to a greater need for residential, commercial, and infrastructure development. Acrylonitrile is utilized in construction for producing polyvinyl chloride (PVC) pipes and fittings, and also for constructing insulating walls, roofs, and floors in buildings. For instance, data from July 2024, provided by the US Census Bureau, a US-based government agency, indicates that the value of construction operations increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the ongoing growth in construction activities is a key factor driving the acrylonitrile market’s expansion.
Acrylonitrile Market Segments: Where Are The Largest Growth Opportunities?
The acrylonitrile market covered in this report is segmented –
1) By Type: Acrylonitrile Monomer, Styrene–Acrylonitrile (SAN) Copolymers, Acrylonitrile–Butadiene–Styrene (ABS) Resins, Carbon-Fiber Precursors And Specialty Grades
2) By Application: Acrylic Fiber, Adiponitrile, Styrene Acrylonitrile, Acrylonitrile Butadiene Styrene, Acrylamide, Carbon Fiber, Nitrile Rubber, Other Applications
3) By End User: Automotive, Electrical & Electronics, Construction, Packaging, Other End Users
Subsegments:
1) By Acrylonitrile Monomer: Polymer-Grade Acrylonitrile, Fiber-Grade Acrylonitrile, Chemical-Intermediate Grade Acrylonitrile
2) By Styrene–Acrylonitrile (SAN) Copolymers: General-Purpose SAN, High-Heat-Resistant SAN, High-Transparency SAN, Impact-Modified SAN
3) By Acrylonitrile–Butadiene–Styrene (ABS) Resins: Standard ABS Resins, High-Impact ABS, Flame-Retardant ABS, Heat-Resistant ABS, Electroplating-Grade ABS
4) By Carbon-Fiber Precursors and Specialty Grades: Polyacrylonitrile (PAN)-Based Carbon Fiber Precursors, High-Molecular-Weight PAN Grades, Oxidation-Stabilized PAN Fibers, Specialty PAN Copolymers
Acrylonitrile Market Transformation Trends: Which Innovations Are Driving Change?
Key players in the acrylonitrile sector are focusing on developing novel products, including bio-based acrylonitrile, to reduce their environmental impact and improve performance characteristics. Bio-based acrylonitrile is a version of acrylonitrile produced from sustainable sources instead of petroleum, offering the same functionality with a lower carbon footprint. For example, in June 2023, INEOS Nitriles, a UK-based petrochemical producer, introduced Invireo, an acrylonitrile product with bio-attributed content sourced from sustainable raw materials. Designed as a straightforward substitute for traditional acrylonitrile, Invireo enables manufacturers to transition without requiring alterations to current manufacturing procedures. This product finds application in various sectors, such as plastics, carbon-fiber precursors, and synthetic fibers, empowering businesses to considerably lessen the ecological footprint of their goods. By incorporating Invireo into supply chains, INEOS Nitriles supports the shift towards more sustainable and low-carbon chemical production, consequently reducing the end product’s carbon footprint by over 90%.
Acrylonitrile Market Major Participants And Competitive Dynamics
Major companies operating in the acrylonitrile market are BASF SE, INEOS Group Limited, Asahi Kasei Corporation, Ascend Performance Materials, Formosa Plastics Corporation, Sumitomo Chemical Co. Ltd., Mitsubishi Chemical Group Corporation, LG Chem Ltd., Sinopec Group, China National Petroleum Corporation (CNPC), AnQore BV, Taekwang Industrial Co. Ltd., Kolon Industries Inc., Jilin Petrochemical Company, Shanghai Secco Petrochemical Company Limited, Zhejiang Petrochemical Co. Ltd., Toray Industries Inc., Lotte Chemical Corporation, PetroChina Company Limited, Reliance Industries Limited, SABIC
Access The Complete Acrylonitrile Market Report:
Acrylonitrile Market Regional Distribution: Which Areas Drive Market Expansion?
Asia-Pacific was the largest region in the acrylonitrile market in 2025. North America was the second-largest region in the acrylonitrile market. The regions covered in the acrylonitrile market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.