The global acrylonitrile market to grow at a CAGR of 3.24% during the period 2017-2021.
The report, Global Acrylonitrile Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increase in demand for bio-based polymers. The growing environmental concern about the use of synthetic plastic, which is mostly derived from petroleum feedstock, has encouraged the industry to develop eco-friendly plastics for consumers. Globally, polypropylene and polyethylene are widely-used plastics among consumers. An increase in the demand for bio-based products has shifted the focus of propylene manufacturers from synthetic to bio-based propylene.
According to the report, one of the major drivers for this market is increasing applications of PAM. Acrylamide is the third-largest application of acrylonitrile. Approximately 90% of acrylamide is used in the production of PAM. It is an organic flocculant and is mainly used as a wastewater treatment agent. In wastewater treatment, it is used in conditioning and dewatering for sludges. It is also used to thicken waste sludges in municipal sewage treatment and in pulp and paper plants.
- Asahi Kasei
- China Petrochemical Corporation (Sinopec Group)
- Formosa Plastics
Other prominent vendors
- Ascend Performance Materials
- Cytec Solvay Group
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/b6cmbg/global