Adiponitrile Market Revenue, Trends, Growth, Analysis & Region and Country Forecast To 2028

A comprehensive report on the Global Adiponitrile Market has been published by Reports and Data that offers insightful data about market dynamics, drivers, restraints, current and emerging trends, market size, market share, and revenue growth of the market. The report provides a brief overview of the industry and gives an estimation of growth and revenue for the forecast period of 2021-2028. The global Adiponitrile market is expected to be valued at USD XX Billion in 2028 from its valuation of USD XX billion in 2020 and register a CAGR of XX% during the forecast period. The document offers reliable data in reference to key areas of investments and growth patterns of the Adiponitrile market to help clients, stakeholders, investors, and businesses capitalization on the lucrative opportunities and make strategic investment plans. 

The Global Adiponitrile market is forecast to reach USD 12.65 Billion by 2028, according to a new report by Reports and Data. Adiponitrile [ADN] can be described as a fairly soluble, colorless to light yellow liquid, which is less dense as compared to water. The molecular formula of the chemical is C6H8N2 or CN(CH2)4CN. 

Key participants 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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Increasing focus on recycling of plastic waste, rising penetration of internet and e-commerce channels for sales, the advent of and rapid adoption of 3D printing to develop materials with enhanced properties and attributes, and growing demand for sustainable production of materials and chemicals have boosted the market growth over the recent past. In addition, rising focus on material informatics and application of ML and AI to improve R&D activities and capital expenditures, develop novel business models, and achieve greater agility in the production and manufacturing process of raw materials and chemicals to meet the growing demand from other end-use industries are some other key factors influencing the market growth and will continue to do so going ahead.

A regional analysis of the market across key geographical areas is offered in the report with a thorough assessment of market size, market share, revenue growth, import/export, production and consumption patterns, consumer demand and supply, global supply chain, macro- and micro-economic growth factors, government regulations and policies, and presence of key market players/manufacturers in North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

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Further, the report segments the Adiponitrile market on the basis of product types, applications, technology, end-use, and regions. It also offers insights into key factors influencing the revenue growth of each segment and sub-segment and offers details about market size, revenue share, and CAGR for each segment.

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

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Regional analysis covers the following key regions:

•        North America (U.S.A., Canada, Mexico)

•        Europe (U.K., Italy, Germany, France, Rest of Europe)

•        Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

•        Latin America (Chile, Brazil, Argentina, Rest of Latin America)

•        Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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