Adiponitrile Market size to grow by USD 2,245.21 million from 2022 to 2027, Growing demand for polymers in the electrical and electronics industry to boost the market growth - Technavio

NEW YORK, April 26, 2023 /PRNewswire/ -- The global adiponitrile market size is estimated to increase by USD 2,245.21 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 4.5% during the forecast period. The growing demand for polymers in the electrical and electronics industry is a major driving factor for market growth. These polymers are resistant to high temperatures as well as surface mount technology (SMT) processes. Owing to its improved flame resistance, nylon 66 is widely used to manufacture connectors, electronic control modules, and sensors. Hence, the increasing demand for polymers such as nylon 66 is expected to contribute to expanding the global adiponitrile market during the forecast period. Discover some insights on the market size illustrated with charts and graphs for the historic period (2017- 2021), and forecast period (2023-2027) - Request a sample report

Adiponitrile market – Vendor Analysis
Vendor Landscape - The global adiponitrile market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer adiponitrile in the market are Asahi Kasei Corp., Ascend Performance Materials Operations LLC, BASF SE, Butachimie, DuPont de Nemours Inc., Eastman Chemical Co., Formosa Plastics Corp., Hongye Holding Group Corp. Ltd., Koch Industries Inc., LG Corp., Mitsubishi Chemical Corp., Shandong Xinhua Pharmaceutical I and E Co. Ltd., Shenma Industrial Co. Ltd., Sinochem Group Co. Ltd., Sinopec Shanghai Petrochemical Co. Ltd., Solvay SA, Taekwang Group, Toray Industries Inc., Ube Corp., and Zibo Qixiang Tengda Chemical Co. Ltd. and others.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• Asahi Kasei Corp. - The company offers adiponitrile monomer, which is used as key production material for acrylic fiber, ABS resin, nitrile-butadiene rubber (NBR), and adiponitrile (ADN).
• Ascend Performance Materials Operations LLC - The company offers adiponitrile for the production of hexamethylene diamine.
• BASF SE - The company offers adiponitrile monomers of two grades, S and R.
• For details on the vendor and their offerings – Request a sample report

Adiponitrile Market - Segmentation Assessment

Segment Overview

This report extensively covers market segmentation by end-user (automotive, textile, healthcare, and others), application (nylon synthesis and electrolyte solutions), and geography (APAC, Europe, North America, South America, and Middle East and Africa). 

• The market share growth by the automotive segment will be significant during the forecast period. Many polymers are preferred over metals in automotive applications, where process temperatures exceed technological limits. This includes nylon 66 and polyamide 66. Due to excellent chemical resistance, long life, and hydrolysis resistance, nylon 66 has gained importance in the automotive industry for interior, exterior, chassis, and other applications. Hence, such factors influence segment growth during the forecast period.

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global adiponitrile market.

• APAC is estimated to account for 55% of the market growth during the forecast period. In developing countries such as China and India, the development, industrialization, and expansion of the automotive industry are becoming more important, which is expected to increase the demand for adiponitrile in this region. Because of the large number of device manufacturers, polymer consumption for electrical and electronic applications in APAC is higher than in Europe. Hence, due to such factors, the market growth in APAC is expected to continue during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Adiponitrile Market – Market Dynamics

Key Trends - 

• The replacement of polymers in place of metals in different applications is an emerging market trend in the adiponitrile market. 
• Adiponitrile is used as an intermediate in the production of polymers such as nylon 66 and is also used in the automotive, aerospace, electrical and electronic, and other energy industries. It offers manufacturers considerable design flexibility and contributes to weight reduction. 
• Electrical and electronic devices are becoming thinner, lighter, and more intelligent, compelling manufacturers to directly replace metals and integrate polymers with metals to improve performance and meet new industry demands.
• Hence, such factors are expected to stimulate the target market's expansion during the forecast period. 

Major challenges - 

• The strict policies and regulations by numerous government agencies are major challenges impeding the market growth during the forecast period. 
•  The U.S. Environmental Protection Agency (EPA) and Chemical Registration, Evaluation, Authorization, and Restriction (REACH) regulations on volatile organic compound (VOC) content in specialty chemicals pose significant challenges to the growth of the market.
• Similarly, California has set VOC limits for many products, adhesives, and sealants. The state has established 13 Air Pollution Control Districts (APCD) or Air Quality Control Districts (AQMD) with VOC limits for adhesives and sealants. Suppliers of specialty chemicals must comply with these standards to meet VOC requirements.
• Hence, such factors will challenge the growth of the adiponitrile market during the forecast period.

Find out how drivers, trends, and challenges have an impact on market dynamics and businesses. View the sample report!

What are the key data covered in this Adiponitrile Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Adiponitrile Market between 2023 and 2027
• Precise estimation of the size of the Adiponitrile Market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Adiponitrile Market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Adiponitrile Market vendors

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Table of Contents : 

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global adiponitrile market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global adiponitrile market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Automotive - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 6.4 Textile - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Textile - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Textile - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Textile - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Textile - Year-over-year growth 2022-2027 (%)

• 6.5 Healthcare - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 50: Market opportunity by End-user ($ million)
• Exhibit 51: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 52: Chart on Application - Market share 2022-2027 (%)
• Exhibit 53: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 54: Chart on Comparison by Application
• Exhibit 55: Data Table on Comparison by Application

• 7.3 Nylon synthesis - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Nylon synthesis - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Nylon synthesis - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Nylon synthesis - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Nylon synthesis - Year-over-year growth 2022-2027 (%)

• 7.4 Electrolyte solutions - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Electrolyte solutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Electrolyte solutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Electrolyte solutions - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Electrolyte solutions - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 64: Market opportunity by Application ($ million)
• Exhibit 65: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027 
• Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Asahi Kasei Corp.
• Exhibit 119: Asahi Kasei Corp. - Overview
• Exhibit 120: Asahi Kasei Corp. - Business segments
• Exhibit 121: Asahi Kasei Corp. - Key news
• Exhibit 122: Asahi Kasei Corp. - Key offerings
• Exhibit 123: Asahi Kasei Corp. - Segment focus

• 12.4 Ascend Performance Materials Operations LLC 
• Exhibit 124: Ascend Performance Materials Operations LLC - Overview
• Exhibit 125: Ascend Performance Materials Operations LLC - Product / Service
• Exhibit 126: Ascend Performance Materials Operations LLC - Key news
• Exhibit 127: Ascend Performance Materials Operations LLC - Key offerings

• 12.5 BASF SE
• Exhibit 128: BASF SE - Overview
• Exhibit 129: BASF SE - Business segments
• Exhibit 130: BASF SE - Key news
• Exhibit 131: BASF SE - Key offerings
• Exhibit 132: BASF SE - Segment focus

• 12.6 Butachimie
• Exhibit 133: Butachimie - Overview
• Exhibit 134: Butachimie - Product / Service
• Exhibit 135: Butachimie - Key offerings

• 12.7 DuPont de Nemours Inc. 
• Exhibit 136: DuPont de Nemours Inc. - Overview
• Exhibit 137: DuPont de Nemours Inc. - Business segments
• Exhibit 138: DuPont de Nemours Inc. - Key news
• Exhibit 139: DuPont de Nemours Inc. - Key offerings
• Exhibit 140: DuPont de Nemours Inc. - Segment focus

• 12.8 Eastman Chemical Co.
• Exhibit 141: Eastman Chemical Co. - Overview
• Exhibit 142: Eastman Chemical Co. - Business segments
• Exhibit 143: Eastman Chemical Co. - Key offerings
• Exhibit 144: Eastman Chemical Co. - Segment focus

• 12.9 Formosa Plastics Corp. 
• Exhibit 145: Formosa Plastics Corp. - Overview
• Exhibit 146: Formosa Plastics Corp. - Business segments
• Exhibit 147: Formosa Plastics Corp. - Key offerings
• Exhibit 148: Formosa Plastics Corp. - Segment focus

• 12.10 Koch Industries Inc.
• Exhibit 149: Koch Industries Inc. - Overview
• Exhibit 150: Koch Industries Inc. - Product / Service
• Exhibit 151: Koch Industries Inc. - Key news
• Exhibit 152: Koch Industries Inc. - Key offerings

• 12.11 LG Corp.
• Exhibit 153: LG Corp. - Overview
• Exhibit 154: LG Corp. - Business segments
• Exhibit 155: LG Corp. - Key offerings
• Exhibit 156: LG Corp. - Segment focus

• 12.12 Mitsubishi Chemical Corp. 
• Exhibit 157: Mitsubishi Chemical Corp. - Overview
• Exhibit 158: Mitsubishi Chemical Corp. - Business segments
• Exhibit 159: Mitsubishi Chemical Corp. - Key news
• Exhibit 160: Mitsubishi Chemical Corp. - Key offerings
• Exhibit 161: Mitsubishi Chemical Corp. - Segment focus

• 12.13 Sinopec Shanghai Petrochemical Co. Ltd. 
• Exhibit 162: Sinopec Shanghai Petrochemical Co. Ltd. - Overview
• Exhibit 163: Sinopec Shanghai Petrochemical Co. Ltd. - Business segments
• Exhibit 164: Sinopec Shanghai Petrochemical Co. Ltd. - Key news
• Exhibit 165: Sinopec Shanghai Petrochemical Co. Ltd. - Key offerings
• Exhibit 166: Sinopec Shanghai Petrochemical Co. Ltd. - Segment focus

• 12.14 Solvay SA
• Exhibit 167: Solvay SA - Overview
• Exhibit 168: Solvay SA - Business segments
• Exhibit 169: Solvay SA - Key news
• Exhibit 170: Solvay SA - Key offerings
• Exhibit 171: Solvay SA - Segment focus

• 12.15 Toray Industries Inc. 
• Exhibit 172: Toray Industries Inc. - Overview
• Exhibit 173: Toray Industries Inc. - Business segments
• Exhibit 174: Toray Industries Inc. - Key offerings
• Exhibit 175: Toray Industries Inc. - Segment focus

• 12.16 Ube Corp.
• Exhibit 176: Ube Corp. - Overview
• Exhibit 177: Ube Corp. - Business segments
• Exhibit 178: Ube Corp. - Key offerings
• Exhibit 179: Ube Corp. - Segment focus

• 12.17 Zibo Qixiang Tengda Chemical Co. Ltd. 
• Exhibit 180: Zibo Qixiang Tengda Chemical Co. Ltd. - Overview
• Exhibit 181: Zibo Qixiang Tengda Chemical Co. Ltd. - Product / Service
• Exhibit 182: Zibo Qixiang Tengda Chemical Co. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 183: Inclusions checklist
• Exhibit 184: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 185: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 186: Research methodology
• Exhibit 187: Validation techniques employed for market sizing
• Exhibit 188: Information sources

• 13.5 List of abbreviations 
• Exhibit 189: List of abbreviations

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