Adiponitrile Market 2028 By Application, End-Use Industry and Geography | The Insight Partners

MARKET OVERVIEW

Adiponitrile is an organic liquid chemical that is colorless. Its principal use is as a precursor for the polymer nylon 6-6, which is noted for its great mechanical strength and is used in a variety of products such as conveyor belts, carpet fibers, and electro-insulating elements. Adiponitrile is also used as an intermediary in the manufacture of corrosion inhibitors and rubber accelerators, though to a considerably lesser level.

MARKET SCOPE

The "Global Adiponitrile Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the adiponitrile market with detailed market segmentation by application, end-use industry, and geography. The report provides key statistics on the market status of the leading adiponitrile market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of application, the market is segmented into nylon synthesis, electrolyte solutions, and others.
  
•   On the basis of end-use industry, the market is segmented into chemicals, textiles, electrical & electronics, and others.
  

MARKET DYNAMICS
Drivers:

•   Increasing utilization of adiponitrile in the production of polyamide 6,6 (Nylon 6,6) resin from hexamethylenediamine (HMDA) is expected to drive market expansion.
  
•   In addition, rising usage of adiponitrile in the composition of battery electrolytes is likely to propel market expansion in the future years.
  
•   Furthermore, the application of adiponitrile in emerging chemical research lines has opened up new market potential.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The adiponitrile market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the adiponitrile market in these regions.

IMPACT OF COVID-19ON ADIPONITRILE MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.

Get more information on this report : Request Free Sample PDF

MARKET PLAYERS

The report covers key developments in the adiponitrile market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Adiponitrile market are anticipated to lucrative growth opportunities in the future with the rising demand for adiponitrile in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the adiponitrile market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BASF SE
  
•   Braskem
  
•   China Petroleum and Chemical Corporation
  
•   Dupont
  
•   Evonik Industries AG
  
•   LG Chem
  
•   Lyondellbasell Industries
  
•   Rhodia Group
  
•   Solvay S.A.
  
•   Dow
  
•   JSR Corporation
  
•   Royal Dutch Shell
  
•   Saudi Basic Industries Corporation
  
•   Ineos
  
•   Kishida Chemical Co
  
•   Ascend Performance Materials
  
•   Butachimie
  
•   Alfa Aesar
  
•   Spectrum Chemical Mfg. Corp.
  
•   Acros Orhanixs BVBA
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Get more information on this report : Request Free Sample PDF