Adiponitrile Market Size Analysis, Drot, Pest, Porter’s, Region & Country Forecast Till 2028
Reports
and Data estimates the global Adiponitrile competitive landscape is highly
fragmented with numerous players operating on a global and regional scale. The
key companies in the market are engaged in mergers and acquisitions, joint
ventures, collaborations, and product launches to gain a robust revenue growth
over the forecast period. The report considers 2020-2021 as historic years,
2020 as the base year, and 2022-2028 as the forecast period. The report offers
CAGR and market size for the global Adiponitrile during the forecast period.
The
report also offers key insights about the top companies operating in the market
and their market share and global position along with product portfolio and
advancements. The top companies in the market include Ascend
Performance Materials, Invista, Kishida Chemical Co., Ltd, Butachimie, Thermo
Fisher Scientific, Tokyo Chemical Industry, Asahi Kasei Corp., Spectrum
Chemical Mfg. Corp, Merck, and Acros Orhanixs BVBA.
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Adiponitrile Overview :-
The
compound is also known as Hexanedinitrile, Tetramethylene dicyanid, and
molecular formula of C6H8N2. The molecular weight of the chemical is 108.141
g/mol. It is combustible, and on burning, it produces hydrogen cyanide. One of
the major use of Hexanedinitrile is to make hexamethylene diamine (HMDA). 92%
of the total HMDA produced from Hexanedinitrile is used to make resins and
nylon 6,6 fibers. Most Hexanedinitrile production is applied captively. It can
be made from acrylonitrile or butadiene. Thus, the applicability of this
chemical in manufacturing nylon for the use in various industries like
automotive sector and textile industry, which are continuously expansion, is spurring
the expansion of the industry.Though various supporting factors are fostering
the growth of the sector, adverse factors like it reacts aggressively with
strong oxidants, exposure to it can result in unconsciousness, convulsions and
may be fatal, i.e. major negative health impacts may have a retarding impact on
the expansion of the sector. In regards to region, North America can be seen to
hold a dominant position in the industry. The market position held by the
region is attributed to the fact that countries within the region like U.S. is
a prominent manufacturer of the chemical and dominant automotive manufacturing
companies like General Motors, Ford are situated in this region, which is
supporting the expansion of the market in this region.
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For the purpose of this report
Reports and Data has segmented global Adiponitrile market on the basis of type,
application, and region:
Production Process Outlook
(Volume, Kilo Tons; Revenue, USD Billion; 2020-2028)
·
Hydrocyanation of butadiene
·
Electrochemical
hydrodimerization of acrylonitrile
·
Others
End-user Outlook (Volume, Kilo
Tons; Revenue, USD Billion; 2020-2028)
·
Chemical
·
Electrical and Electronics
·
Automotive
·
Textile
·
Others
Application Outlook (Volume,
Kilo Tons; Revenue, USD Billion; 2020-2028)
·
Nylon synthesis
·
Electrolyte Solution
·
Hexamethylene Diisocyantes
(HDI)
·
Others
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key
Questions answered by the Report:
·
What
is the expected year-on-year growth of the Adiponitrile during the forecast
period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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