Polyacrylonitrile (PAN) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Polyacrylonitrile (PAN) market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Polyacrylonitrile (PAN) is projected to rise moderately in the projected time frame of 2023-2030.
Polyacrylonitrile is a semicrystalline synthetic polymer resin (acrylic resin). Commonly abbreviated as PAN, Polyacrylonitrile\'s empirical formula is (C3H3N)n. It is a hard rigid thermoplastic material that is resistant to most solvents and chemicals, slow to burn and has low permeability to gases. Polyacrylonitrile can also be carbonized for battery applications.
There are many Polyacrylonitrile manufactures in the world, global Polyacrylonitrile production will reach about 3000K MT in 2016 from 2700K MT in 2011. The average growth is about 4.6% from 2011 to 2016. Polyacrylonitrile production main focus on China, Europe, Japan and USA Polyacrylonitrile production took about 90%, China Polyacrylonitrile production took about 40% of total market in 2015.
Global demand of Polyacrylonitrile has maintained steady growth, the growth rate is around 4.6%, and similar to production growth. Polyacrylonitrile major type is Acrylic Staple Fiber, Acrylic Tow and Acrylic Top. Downstream applications field include Filtration, Textiles, Precursors to carbon fiber, Outdoor and Fiber-reinforced concrete, these industries development rapidly, this industries demand for fastener and shaped pieces are constantly increasing, indirectly stimulating the market demand of Polyacrylonitrile, and stimulate the development of Polyacrylonitrile industry.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties ,and coupled with PAN industry in short supply on the market in the past few years, more and more companies enter into PAN industry, the current demand for PAN product is relatively low, lack of demand, excess supply. Ordinary PAN products on the market do not sell well, PAN\'s price is lower than past years. The signal of market price change indicates the trend in the PAN industry, low-end product has excess capacity, high-end product is in short supply.
Despite the presence of competition problems, the global recovery trend is clear, Polyacrylonitrile retains its advantage in fastener and shaped pieces produce, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of Polyacrylonitrile brought a lot of opportunity, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Polyacrylonitrile field.
Global Polyacrylonitrile (PAN) market size will increase to 7690 Million US$ by 2030, from 7940 Million US$ in 2020, at a CAGR of -0.4% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Polyacrylonitrile (PAN).
Objectives of Research:
- The overview of the global Polyacrylonitrile (PAN) market
- Report comprised of the market companies, to describe and define and analyze the Polyacrylonitrile (PAN) market value, share competition landscape, development plans and SWOT analysis.
- The report also involves the structure of the industry by identifying its several sub-segments.
- To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market:
The major competitors working in the market are:
, DOLAN GmbH, MemPro, AKSA, Montefibre, Dralon, Formosa Plastics, Unichem, Toray, Taekwangsf, TOYOBO, Mitsubishi Rayon Group, TAF, Pasupati Acrylon, Fisipe, Polimir
Market by Order Type
Acrylic Staple Fiber
Acrylic Tow
Acrylic Top
Polyacrylonitrile (PAN) Data by Application
Filtration
Textiles
Precursors to carbon fiber
Outdoor
Fiber-reinforced concrete
Polyacrylonitrile (PAN) Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
- Summary of the Polyacrylonitrile (PAN) market comprising definition
- Polyacrylonitrile (PAN) Market Growth Drivers, Restrains, Challenges and opportunities
- Major trends which is impacting the global Polyacrylonitrile (PAN) market
- Polyacrylonitrile (PAN) Market segmentation and complete information about the market
- Regional analysis of the market
- Which regional market will develop as a champion at intervals in the coming years?
- What are the top companies at intervals in the global Polyacrylonitrile (PAN) market?
- What are the growth strategies of the key players to sustain hold at intervals in the global Polyacrylonitrile (PAN) market?
Table of Content
Polyacrylonitrile (PAN) Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
Polyacrylonitrile (PAN) Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
Polyacrylonitrile (PAN) Market – Comparative Analysis
3.1 Product Benchmarking
3.2 Financial Overview
3.3 Market Cost Divided
3.4 Estimating Examination
Polyacrylonitrile (PAN) Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Polyacrylonitrile (PAN) Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Polyacrylonitrile (PAN) Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
Polyacrylonitrile (PAN) Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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