North America Catalysts for Acrylonitrile Production Market by Deployment, by Applications, by Type, by End-User & by Technology 2032
North America Catalysts for Acrylonitrile Production Market was valued at USD 750 Million in 2022 and is projected to reach USD 1.10 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
Acrylonitrile, a vital chemical compound, is predominantly produced through the ammoxidation of propylene—a process that requires specific catalysts to achieve optimal efficiency and yield. In North America, the demand for these catalysts is closely tied to the region's robust industrial landscape, which encompasses sectors such as automotive, textiles, and electronics. The automotive industry, a significant consumer of acrylonitrile-based products like ABS resins, drives the need for high-performance catalysts. These resins are integral to manufacturing durable and lightweight automotive components. Similarly, the textile industry relies on acrylonitrile for producing acrylic fibers, which are favored for their strength and versatility in various fabric applications. The electronics sector also contributes to the demand, utilizing acrylonitrile in the production of certain plastics and resins essential for electronic devices. Advancements in catalyst technology have been pivotal in enhancing the efficiency and cost-effectiveness of acrylonitrile production. Innovations such as the Sohio Acrylonitrile Process have revolutionized production methods, making acrylonitrile more accessible and affordable for industrial applications. This process has been instrumental in meeting the growing demands of various industries by providing a reliable and efficient means of production. citeturn0search2 The North American market for catalysts in acrylonitrile production is projected to experience steady growth, driven by the expanding automotive and textile industries. The automotive sector's expansion is particularly noteworthy, as it significantly influences the demand for acrylonitrile-based materials. Additionally, the increasing focus on sustainable and eco-friendly production methods is expected to further boost the market for bio-based acrylonitrile, which utilizes renewable resources and offers a reduced carbon footprint. citeturn0search5 In summary, the North American catalysts for acrylonitrile production market is poised for growth, propelled by the evolving requirements of key industries and technological advancements in catalyst development.
Get an In-Depth Research Analysis of the North America Catalysts for Acrylonitrile Production Market Size And Forecast [2025-2032]
Who are the largest North America manufacturers in the Catalysts for Acrylonitrile Production industry?
- NEOS
- Mitsubishi
- BASF
- Clariant
- Albemarle Corporation
- Sinopec
- Rezel Catalysts Corporation
- Liaoning Xiangyang Chemicals Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the North America Catalysts for Acrylonitrile Production Market Size And Forecast [2025-2032]
What are the factors driving the growth of the North America Catalysts for Acrylonitrile Production Market?
Growing demand for below applications around the world has had a direct impact on the growth of the North America Catalysts for Acrylonitrile Production Market
- Steam Cracking
- Fluid Catalytic Cracking
What are the types of Catalysts for Acrylonitrile Production available in the Market?
Based on Types the Market is categorized into Below types that held the largest Catalysts for Acrylonitrile Production market share In 2023.
- Powder
- Granule
- Solution
Which regions are leading the North America Catalysts for Acrylonitrile Production Market?
- North America (United States, North America and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Catalysts for Acrylonitrile Production Market Research Analysis
Detailed TOC of North America Catalysts for Acrylonitrile Production Market Research Report, 2024-2032
1. Introduction of the North America Catalysts for Acrylonitrile Production Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. North America Catalysts for Acrylonitrile Production Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. North America Catalysts for Acrylonitrile Production Market, By Type
6. North America Catalysts for Acrylonitrile Production Market, By Application
7. North America Catalysts for Acrylonitrile Production Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
8. North America Catalysts for Acrylonitrile Production Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading North America Research and Consulting firm servicing over 5000+ North America clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768