Adiponitrile is a high-purity, high-boiling liquid aliphatic dinitrile. Adiponitrile is a colorless oily liquid with a slight odor. It is an intermediate in the manufacture of nylon. It is flammable when exposed to open fire and high heat. It is an important intermediate for the production of hexamethylene diamine, which is used to produce nylon 6,6. INVISTA is the world's leading producer of adiponitrile.The ADN (Adiponitrile) industry can be broken down into several segments, Butadiene Route, Adipic Acid Route, Acrylonitrile Route, etc.
Market Analysis and Insights: Global ADN (Adiponitrile) Market
Due to the COVID-19 pandemic, the global ADN (Adiponitrile) market size is estimated to be worth US$ 5821 million in 2022 and is forecast to a readjusted size of US$ 7725.2 million by 2028 with a CAGR of 4.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Butadiene Route accounting for % of the ADN (Adiponitrile) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Nylon 66 segment is altered to an % CAGR throughout this forecast period.
Global key manufacturers of ADN(adiponitrile) include Invista, Solvay, BASF, Ascend Performance and Asahi Kasei Corporation. Top 3 manufacturers hold over 90% of global market share.North America is the largest market, with a share about 60%, followed by Europe with about 35% market share. In terms of type, Butadiene Route is the mainstream method that covers over 65% of total market share.In terms of application, Nylon 66 is the dominant product that covers over 85% of total market share.
Global ADN (Adiponitrile) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global ADN (Adiponitrile) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Butadiene Route
Acrylonitrile Route
Segment by Application
Nylon 66
HDI
Nylon 610
Other
By Company
Invista
Solvay
BASF
Ascend Performance Materials
Asahi Kasei Corporation
Production by Region
North America
Europe
Japan
Consumption by Region
North America
United States
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina