Polyacrylonitrile (PAN) Market Size to be Driven by Expansion USD 9966.46 million, Growth, Trends, Business Strategies and Forecast to 2029 | Exactitude Consultancy

PRESS RELEASE
Published March 1, 2023

Exactitude Consultancy Market Research analyses that the Polyacrylonitrile market will witness a CAGR of 3.4% for the forecast period of 2023-2029 and is likely to reach at USD 9966.46 million by 2029 from USD 7886.74 million in 2022.

The study considers the Global Polyacrylonitrile Market present scenario and its market dynamics for the period 2023-2029. It includes a thorough assessment of a number of trends, constraints, and drivers of market growth. The report evaluates the market size of the Polyacrylonitrile Market and studies the strategy patterns adopted by the prominent international players. The report also analyses the market’s size in terms of projected revenue for the future. All of the data numbers, such as percentage splits and breakdowns, are calculated from secondary sources and confirmed from original sources. The market’s supply and demand sides are also covered in the research. It provides profiles and analysis of market leaders and other prominent businesses.

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Growth Factors:

  • Increasing demand from the automotive and electrical & electronics industries
  • The growing use of polyacrylonitrile in composites and engineering plastics
  • Rising demand for carbon fiber products
  • Technological advancements in production processes
  • Growing applications in medical implants and other biomedical devices.

Polyacrylonitrile Market: Demand Analysis and Opportunity Outlook to 2023-2029

The Polyacrylonitrile study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Polyacrylonitrile industry, including: market share, market size (value and volume 2017-2021, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Polyacrylonitrile, which includes drivers and restraints that help in estimating the future growth prospects of the market.

The study pays attention to the loftiest revenue-generating and highest growing segments of the Polyacrylonitrile market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: DOLAN GmbH, AKSA, Montefibre Carbon, Dralon, Formosa Plastics, Toray, Taekwang Industrial, TOYOBO, Ineos, Thai Acrylic Fibre, Pasupati Acrylon, SGL Carbon, Polimir Novopolotsk, Toho Tenax, BASF and others.

Recent Development

  • In August 2020, Mitsubishi chemical corporation acquired CFK Valley Stade Recycling GmbH & Ci.KG (CFK) and carboNXT, are two German carbon fibre recycling companies.
  • The ANAND Group joined with FAR-UK in February 2020 to produce carbon fibre composites and to reduce growing carbon emissions.

Polyacrylonitrile Market Segmentation:

Global Polyacrylonitrile Market by Type, 2023-2029 (In USD Million, Kiloton)

  • Acrylic Staple Fiber
  • Acrylic Tow
  • Others

Global Polyacrylonitrile Market by Application, 2023-2029 (In USD MILLION, Kiloton)

  • Textiles
  • Precursors To Carbon Fiber
  • Fiber-Reinforced Concrete
  • Others

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Geographically, the following regions were investigated:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Polyacrylonitrile market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Polyacrylonitrile market, the years measured, and the study points.

Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.

Manufacture by region: This Polyacrylonitrile report offers data on imports and exports, sales, production and key companies in all studied regional markets

What is the purpose of this report?

  • A thorough review of the Polyacrylonitrile market, including regional markets.
  • Comprehensive coverage of all segments of the Polyacrylonitrile market to assess trends, developments and market size forecasts till 2023-2029.
  • A thorough examination of deals involved in the Polyacrylonitrile market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
  • The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.

There are 13 Sections to show the Polyacrylonitrile market:      

Chapter 1: Polyacrylonitrile Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

Chapter 2: Market Competition by Manufacturers

Chapter 3: Production by Regions

Chapter 4: Consumption by Regions

Chapter 5: Production, By Types, Revenue, and Market share by Types

Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications

Chapter 7: Complete profiling and analysis of Manufacturers

Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses

Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Polyacrylonitrile Market Forecast

Chapter 13: Polyacrylonitrile Market Research Findings and Conclusion, Appendix, methodology, and data source

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Key questions answered in the report include:

  • What is the growth potential of the Polyacrylonitrile market?
  • Which regional markets will emerge as leaders in the next few years?
  • What are the key challenges facing the Polyacrylonitrile market in the future?
  • Who are the most prominent players in the global Polyacrylonitrile market?
  • What are the key trends positively impacting market growth?

About Us

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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