Top 5 Vendors in the Global Acrylonitrile Market from 2017-2021: Technavio

June 5, 2017

#Chemicals--Technavio has announced the top five leading vendors in their recent global acrylonitrile market report until 2021. This research report also lists four other prominent vendors that are expected to impact the market during the forecast period.

The research study by Technavio on the global acrylonitrile market for 2017-2021 provides a detailed industry analysis based on the end-user (acrylic fibers, ABS and SAN, PAM, and NBR) and geography (APAC, Europe, North America, and ROW).

The global acrylonitrile market is projected to reach over 6900 thousand metric tons by 2021, growing at a CAGR of more than 3% over the forecast period. The increasing demand from the packaging industry for acrylonitrile is a key factor boosting the growth of the market.

Competitive vendor landscape

“The global acrylonitrile market is competitive with the existence players with a vast geographical presence with massive production facilities located globally. Nonetheless, there are a sizeable number of small, local and regional vendors who occupy significant shares in the market. Vendors compete mainly on the basis of factors such as innovation, price, operational cost, and product quality,” says Ajay Adikari, a lead analyst at Technavio for specialty chemicals research.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Top five vendors in the global acrylonitrile market

Asahi Kasei

Asahi Kasei operates through five business segments: chemicals and fibers, homes and construction materials, healthcare, electronics, and others. Its operating bases spread across strategic sites globally, to facilitate the effective supply of services and products in all the major markets such as North America, Central and South America, Europe, Asia, and Oceania.

China Petrochemical Corporation

China Petroleum and Chemical Corporation (Sinopec Group) is an oil and energy company. It offers household and commercial products, including oil products, fuel cards, lubricants, liquid petroleum gas, catalyst, asphalt, and natural gas. The company is involved in exploration, production, distribution, storage, and marketing of petroleum oil and natural gas.

Formosa Plastics

Formosa Plastics is a vertically-integrated supplier of petrochemicals and plastic resins. Its core business of producing plastic resins and petrochemicals is carried out through three wholly owned manufacturing subsidiaries. The company operates through six business segments: Polyolefins, Olefins, Vinyl, Chlor-Alkali, Oil and Gas, and Specialty Polyvinyl Chloride.

INEOS

INEOS manufactures specialty chemicals, petrochemicals, and oil products. It mainly produces raw materials for the production of a wide variety of products such as paints, plastics, textiles, medicines, and others. It also produces solvents used in the production of antibiotics and insulin.

Sumitomo Chemicals

Sumitomo Chemical is one of Japan’s prominent chemical manufacturing companies. It offers a wide variety of products such as petrochemicals, basic chemicals, fine chemicals, agricultural chemicals, IT-related chemicals, and pharmaceuticals. It has a presence in Asia, North America, Europe, Central and South America, the Middle East, and Africa.

Browse Related Reports:
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like glass and ceramics, industrial gases, and paints, coatings, and pigments. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
&source=" target="_blank" />

LONDON–(BUSINESS WIRE)–#Chemicals—Technavio
has announced the top five leading vendors in their recent global
acrylonitrile market report until 2021. This research
report also lists four other prominent vendors that are expected to
impact the market during the forecast period.

The research study by Technavio on the global
acrylonitrile market for 2017-2021 provides a detailed industry
analysis based on the end-user (acrylic fibers, ABS and SAN, PAM, and
NBR) and geography (APAC, Europe, North America, and ROW).

The global acrylonitrile market is projected to reach over 6900
thousand metric tons by 2021, growing at a CAGR of more than 3% over the
forecast period. The increasing demand from the packaging industry for
acrylonitrile is a key factor boosting the growth of the market.

Competitive vendor landscape

“The global acrylonitrile market is competitive with the existence
players with a vast geographical presence with massive production
facilities located globally. Nonetheless, there are a sizeable number of
small, local and regional vendors who occupy significant shares in the
market. Vendors compete mainly on the basis of factors such as
innovation, price, operational cost, and product quality,” says Ajay
Adikari, a lead analyst at Technavio for specialty
chemicals research.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Top five vendors in the global acrylonitrile market

Asahi Kasei

Asahi Kasei operates through five business segments: chemicals and
fibers, homes and construction materials, healthcare, electronics, and
others. Its operating bases spread across strategic sites globally, to
facilitate the effective supply of services and products in all the
major markets such as North America, Central and South America, Europe,
Asia, and Oceania.

China Petrochemical Corporation

China Petroleum and Chemical Corporation (Sinopec Group) is an oil and
energy company. It offers household and commercial products, including
oil products, fuel cards, lubricants, liquid petroleum gas, catalyst,
asphalt, and natural gas. The company is involved in exploration,
production, distribution, storage, and marketing of petroleum oil and
natural gas.

Formosa Plastics

Formosa Plastics is a vertically-integrated supplier of petrochemicals
and plastic resins. Its core business of producing plastic resins and
petrochemicals is carried out through three wholly owned manufacturing
subsidiaries. The company operates through six business segments:
Polyolefins, Olefins, Vinyl, Chlor-Alkali, Oil and Gas, and Specialty
Polyvinyl Chloride.

INEOS

INEOS manufactures specialty chemicals, petrochemicals, and oil
products. It mainly produces raw materials for the production of a wide
variety of products such as paints, plastics, textiles, medicines, and
others. It also produces solvents used in the production of antibiotics
and insulin.

Sumitomo Chemicals

Sumitomo Chemical is one of Japan’s prominent chemical manufacturing
companies. It offers a wide variety of products such as petrochemicals,
basic chemicals, fine chemicals, agricultural chemicals, IT-related
chemicals, and pharmaceuticals. It has a presence in Asia, North
America, Europe, Central and South America, the Middle East, and Africa.

Browse Related Reports:

Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like glass
and ceramics, industrial
gases, and paints,
coatings, and pigments. This subscription nets you thousands
in savings, while staying connected to Technavio’s constant transforming
research library, helping you make informed business decisions more
efficiently.

About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com