Adiponitrile Market Receiving Tailwinds from Growing Automotive Sector
The global market for adiponitrile is expected to grow at a moderate CAGR of 4.5% during the forecast period (2019 to 2029) to reach a valuation of more than US$ 12 Bn. The increased use of adiponitrile in producing polyamide 6-6, also known as Nylon 6-6 and manufacture of Hexamethylenediamene (HDMA) are expected to remain key factors driving the growth of the market. One of the leading adiponitrile manufacturers, Invista has made a significant investment in China in the year 2018 to build a 40,000 Ton adiponitrile manufacturing facility in shanghai chemical industry park.
Nylon 6-6 is a popular engineering resin, which is largely used in the production of interior and exterior components in automobiles, with the aim of reducing weight and bolstering fuel efficiency. Further, the material is also finding increased use in the development of high performance textiles. Adiponitrile is also finding widespread use in battery electrolyte formulations, which is expected to bolster growth in the years ahead.
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Hexamethylene Diisocyantes (HDI) and Electrolyte Applications Aid Growth
Adiponitrile has a direct application in the production of HDMA and is widely used in the development of electrolyte solutions as an additive. HDMA is not only used in the production of hexamethylene diisocyanate (HDI), but also in the production of nylon resins as well. HDI is commonly used as a component in the formulation of polymerizing agents for polyurethane paints and enamel coatings.
Adiponitrile also finds use in the production of lithium ion batteries, where it is used as an additive in small concentrations of up to 1 per cent in relation to the weight of the electrolyte. The additive is used to boost overall performance and power retention capabilities.
Rapid Growth of Automotive Industry Increases Use of Adiponitrile in Component Manufacturing
In terms of end use segments, the largest applications of adiponitrile can be attributed to the manufacturing of automotive components, followed by textile production. High strength, low weight, and superior heat resistance characteristics are expected to result in substitution of conventional materials such as aluminum in vehicles and the use of synthetic polyester yarns in textile industries.
Polyamide 6-6 finds use in more than 70 applications in the automotive industry including the production of essential parts such as engine covers, radiator tanks, and other components which were conventionally made from metallic materials.
Asia Pacific Emerges Strong in Changing Landscape of Adiponitrile Market
North America is currently the largest adiponitrile manufacturer attributed to the presence of large scale manufacturers such as Invista and Ascend Performance Chemicals, and a high demand for adiponitrile to produce Nylon 6-6.
Similarly, the European adiponitrile market holds major market share of ~26% owing to innovations and tech advancements in the field. However, the Asia Pacific region is rapidly gaining traction, with growing consumption of adiponitrile in the production of automotive parts, with different OEM manufacturers generating demand in these countries. Prominent international manufacturers have started to push their production facilities in developing economies such as China and India in a bid to cut down production costs and meet the market demand effectively.
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Global Adiponitrile Market - Scope of the Report
The following report provides forecast and analysis of the global adiponitrile market along with the historical data of 2014, estimated data 2019 and forecast data up to 2029 in terms of revenue (US$ Mn) and volume (Tons), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global adiponitrile market along with several macro-economic indicators. This newly published and insightful report on adiponitrile sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global adiponitrile market.
The report also comprises the study of current issues with end users and opportunities for adiponitrile. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of adiponitrile manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the adiponitrile market provided in the report adds to the credibility of this exhaustive research study.
Global Adiponitrile Market: In-Depth Assessment on Key Segments
The global adiponitrile market is segmented on the basis of application, end-use and region.
|
Application |
End-Use |
Region |
|
Nylon Synthesis |
Chemical intermediate |
North America |
|
Hexamethylene Diisocyantes (HDI) |
Automotive |
Latin America |
|
Electrolyte solution |
Electronics |
Europe |
|
Other applications |
Textiles |
East Asia |
|
|
Other end-uses |
South Asia & Oceania |
|
|
|
MEA |
This taxonomy and the detailed ToC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.
Country-specific assessment on demand for adiponitrile has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous adiponitrile manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.
The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major competitors operating in the adiponitrile market are Invista, Ascend Performance Materials, Butachimie, Kishida Chemical Co., Ltd, Tokyo Chemical Industry and others.
Global Adiponitrile Market: Research Methodology
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights into the adiponitrile market.
A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the adiponitrile market, which includes global GDP growth rate, various industries growth rate, such as electronics, chemical, automotive, textile and others. This report serves as an authentic resource of intelligence on the adiponitrile market, enabling the readers to take fact-based decisions on the future direction of their businesses.
1. Global Adiponitrile Market - Executive Summary
1.1. Summary of Key Findings
1.2. Summary of Key Statistics
1.3. Key Market Characteristics & Attributes
1.4. Opportunity Assessment
1.5. Fact.MR Analysis and Recommendations
2. Global Adiponitrile Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Mega Trends
4. Market Background and Data Foundation Analysis
4.1. Global Adiponitrile Market – Production Scenario
4.1.1. By Regions
4.1.2. By Manufacturers
4.2. Global Adiponitrile Market Trade Analysis, 2018
4.2.1. List of Key Importing Countries
4.2.2. List of Key Exporting Countries
4.3. Global Polyamide 6,6 Market Size (US$ Mn) & Volume (Tons), 2018
4.4. Policy and Regulatory Landscape, by Region / Countries
4.5. Manufacturing Cost Structure Analysis
4.6. Porter’s Five Forces Analysis
4.7. Investment Feasibility Matrix
4.8. Market White Space Assessment and Opportunity Analysis
4.9. Recent Industry Developments
4.10. Macro-Economic Factors – Relevance & Impact
4.10.1. Global GDP Growth Outlook
4.10.2. Chemical Sector Growth Outlook and GVA
4.10.3. Global Industrialization Growth Outlook
4.10.4. Top Players Historical Growth Rate
4.10.5. Automotive Industry Growth Outlook
4.10.6. Electronics Industry Growth Outlook
4.10.7. Textile Industry Growth Outlook
4.10.8. Other Factors
4.11. Value Chain Analysis
4.11.1. List of Key Market Manufacturers
4.11.2. List of Key Channel Partners
4.11.3. Profitability Margins
4.12. Market Dynamics
4.12.1. Drivers
4.12.2. Industry Challenges
4.12.3. Opportunities
4.13. Key Success Factors
5. Global Adiponitrile Market Size (US$ Mn) & Volume (Tons) and Forecast, 2014-2029
5.1. Historical Market Value (US$ Mn) Analysis, 2014-2018
5.2. Current and Future Market Value (US$ Mn) Forecast, 2019-2029
5.3. Y-o-Y Growth Trend Analysis
6. Global Adiponitrile Pricing Point Analysis
6.1. Global Adiponitrile Market Pricing Analysis, by Region
6.2. Pricing Evolution till 2027
6.3. Factors Influencing Pricing
7. Global Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
7.1. Global Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
7.1.1. Nylon Synthesis
7.1.2. Hexamethylene Diisocyantes (HDI)
7.1.3. Electrolyte solution
7.1.4. Other Applications
7.2. Global Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
7.2.1. Chemical intermediate
7.2.2. Automotive
7.2.3. Electronics
7.2.4. Textiles
7.2.5. Other End-Uses
7.3. Global Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. East Asia
7.3.5. South Asia & Oceania
7.3.6. MEA
8. North America Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
8.1. North America Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Country
8.1.1. US
8.1.2. Canada
8.2. North America Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
8.2.1. Nylon Synthesis
8.2.2. Hexamethylene Diisocyantes (HDI)
8.2.3. Electrolyte solution
8.2.4. Other Applications
8.3. North America Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
8.3.1. Chemical intermediate
8.3.2. Automotive
8.3.3. Electronics
8.3.4. Textiles
8.3.5. Other End-Uses
9. Latin America Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
9.1. Latin America Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Country
9.1.1. Brazil
9.1.2. Mexico
9.1.3. Rest of Latin America
9.2. Latin America Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
9.2.1. Nylon Synthesis
9.2.2. Hexamethylene Diisocyantes (HDI)
9.2.3. Electrolyte solution
9.2.4. Other Applications
9.3. Latin America Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
9.3.1. Chemical intermediate
9.3.2. Automotive
9.3.3. Electronics
9.3.4. Textiles
9.3.5. Other End-Uses
10. Europe Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
10.1. Europe Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Country
10.1.1. Germany
10.1.2. Italy
10.1.3. France
10.1.4. U.K.
10.1.5. Spain
10.1.6. BENELUX
10.1.7. Russia
10.1.8. Rest of Europe
10.2. Europe Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
10.2.1. Nylon Synthesis
10.2.2. Hexamethylene Diisocyantes (HDI)
10.2.3. Electrolyte solution
10.2.4. Other Applications
10.3. Europe Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
10.3.1. Chemical intermediate
10.3.2. Automotive
10.3.3. Electronics
10.3.4. Textiles
10.3.5. Other End-Uses
11. East Asia Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
11.1. East Asia Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Country
11.1.1. China
11.1.2. Japan
11.1.3. South Korea
11.2. East Asia Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
11.2.1. Nylon Synthesis
11.2.2. Hexamethylene Diisocyantes (HDI)
11.2.3. Electrolyte solution
11.2.4. Other Applications
11.3. East Asia Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
11.3.1. Chemical intermediate
11.3.2. Automotive
11.3.3. Electronics
11.3.4. Textiles
11.3.5. Other End-Uses
12. South Asia & Oceania Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
12.1. South Asia & Oceania Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Country
12.1.1. India
12.1.2. Thailand
12.1.3. Indonesia
12.1.4. Malaysia
12.1.5. Australia & New Zealand
12.1.6. Rest of SAO
12.2. South Asia & Oceania Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
12.2.1. Nylon Synthesis
12.2.2. Hexamethylene Diisocyantes (HDI)
12.2.3. Electrolyte solution
12.2.4. Other Applications
12.3. South Asia & Oceania Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
12.3.1. Chemical intermediate
12.3.2. Automotive
12.3.3. Electronics
12.3.4. Textiles
12.3.5. Other End-Uses
13. Middle East & Africa Adiponitrile Market Value & Volume Analysis and Forecast 2014-2029
13.1. Middle East & Africa Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Country
13.1.1. GCC Countries
13.1.2. Turkey
13.1.3. South Africa
13.1.4. Northern Africa
13.1.5. Rest of MEA
13.2. Middle East & Africa Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
13.2.1. Nylon Synthesis
13.2.2. Hexamethylene Diisocyantes (HDI)
13.2.3. Electrolyte solution
13.2.4. Other Applications
13.3. Middle East & Africa Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
13.3.1. Chemical intermediate
13.3.2. Automotive
13.3.3. Electronics
13.3.4. Textiles
13.3.5. Other End-Uses
14. Global Adiponitrile Market –Emerging Countries Analysis
14.1. Market Proportion Analysis, By Key Countries
14.2. Global Vs. Country Growth Comparison
14.3. India Market Value & Volume Analysis and Forecast
14.3.1. India Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
14.3.1.1. Nylon Synthesis
14.3.1.2. Hexamethylene Diisocyantes (HDI)
14.3.1.3. Electrolyte solution
14.3.1.4. Other Applications
14.3.2. India East & Africa Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
14.3.2.1. Chemical intermediate
14.3.2.2. Automotive
14.3.2.3. Electronics
14.3.2.4. Textiles
14.3.2.5. Other End-Uses
14.4. China Market Value & Volume Analysis and Forecast
14.4.1. China Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
14.4.1.1. Nylon Synthesis
14.4.1.2. Hexamethylene Diisocyantes (HDI)
14.4.1.3. Electrolyte solution
14.4.1.4. Other Applications
14.4.2. China East & Africa Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
14.4.2.1. Chemical intermediate
14.4.2.2. Automotive
14.4.2.3. Electronics
14.4.2.4. Textiles
14.4.2.5. Other End-Uses
14.5. Brazil Market Value & Volume Analysis and Forecast
14.5.1. Brazil Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by Application
14.5.1.1. Nylon Synthesis
14.5.1.2. Hexamethylene Diisocyantes (HDI)
14.5.1.3. Electrolyte solution
14.5.1.4. Other Applications
14.5.2. Brazil Adiponitrile Market Value & Volume Analysis 2014-2018 and Forecast 2019-2029, by End-Use
14.5.2.1. Chemical intermediate
14.5.2.2. Automotive
14.5.2.3. Electronics
14.5.2.4. Textiles
14.5.2.5. Other End-Uses
15. Competitive Assessment
15.1. Global Adiponitrile Market Structure
15.2. Global Adiponitrile Market Competition - a Dashboard View
15.3. Global Adiponitrile Market Company Share Analysis
15.4. Global Adiponitrile Competitor Market Footprint Matrix
15.5. Key Participants Market Presence (Intensity Mapping) by Region
16. Company Profiles
16.1. Invista
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Profitability by Market Segments (Product/Region)
16.1.4. Sales Footprint
16.1.5. Strategy Overview
16.2. Ascend Performance Materials
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Profitability by Market Segments (Product/Region)
16.2.4. Sales Footprint
16.2.5. Strategy Overview
16.3. Butachimie
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Profitability by Market Segments (Product/Region)
16.3.4. Sales Footprint
16.3.5. Strategy Overview
16.4. Kishida Chemical Co., Ltd
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Profitability by Market Segments (Product/Region)
16.4.4. Sales Footprint
16.4.5. Strategy Overview
16.5. Tokyo Chemical Industry
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Profitability by Market Segments (Product/Region)
16.5.4. Sales Footprint
16.5.5. Strategy Overview
16.6. Shandong Runxing Chemical Technology Co. Ltd.
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Profitability by Market Segments (Product/Region)
16.6.4. Sales Footprint
16.6.5. Strategy Overview
16.7. Asahi Kasei Corp
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Profitability by Market Segments (Product/Region)
16.7.4. Sales Footprint
16.7.5. Strategy Overview
16.8. Spectrum Chemical Mfg. Corp
16.8.1. Overview
16.8.2. Product Portfolio
16.8.3. Profitability by Market Segments (Product/Region)
16.8.4. Sales Footprint
16.8.5. Strategy Overview
16.9. Acros Orhanixs BVBA
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Profitability by Market Segments (Product/Region)
16.9.4. Sales Footprint
16.9.5. Strategy Overview
16.10. AA Box LLC
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Profitability by Market Segments (Product/Region)
16.10.4. Sales Footprint
16.10.5. Strategy Overview
16.11. Other Prominent Players
17. Fact.MR Research Methodology
18. Disclaimer & Contact Information
This taxonomy and the detailed ToC prepared are confidential and intended exclusively for the inpidual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.
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