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.
The global Polyacrylonitrile (PAN) market was 7940 million US$ in 2018 and is expected to 7690 million US$ by the end of 2025, growing at a CAGR of -0.4% between 2019 and 2025.
This report studies the Polyacrylonitrile (PAN) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Polyacrylonitrile (PAN) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Mitsubishi Rayon Group
By the product type, the market is primarily split into
Acrylic Staple Fiber
By the end users/application, this report covers the following segments
Precursors to carbon fiber
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Polyacrylonitrile (PAN) market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Polyacrylonitrile (PAN) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Polyacrylonitrile (PAN) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polyacrylonitrile (PAN) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Polyacrylonitrile (PAN) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Polyacrylonitrile (PAN) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Polyacrylonitrile (PAN) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Polyacrylonitrile (PAN) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table of Contents
Table of Contents
1 Polyacrylonitrile (PAN) Market Overview
1.1 Polyacrylonitrile (PAN) Product Overview
1.2 Polyacrylonitrile (PAN) Market Segment by Type
1.2.1 Acrylic Staple Fiber
1.2.2 Acrylic Tow
1.2.3 Acrylic Top
1.3 Global Polyacrylonitrile (PAN) Market Size by Type
1.3.1 Global Polyacrylonitrile (PAN) Sales and Growth by Type
1.3.2 Global Polyacrylonitrile (PAN) Sales and Market Share by Type (2014-2019)
1.3.3 Global Polyacrylonitrile (PAN) Revenue and Market Share by Type (2014-2019)
1.3.4 Global Polyacrylonitrile (PAN) Price by Type (2014-2019)
2 Global Polyacrylonitrile (PAN) Market Competition by Company
2.1 Global Polyacrylonitrile (PAN) Sales and Market Share by Company (2014-2019)
2.2 Global Polyacrylonitrile (PAN) Revenue and Share by Company (2014-2019)
2.3 Global Polyacrylonitrile (PAN) Price by Company (2014-2019)
2.4 Global Top Players Polyacrylonitrile (PAN) Manufacturing Base Distribution, Sales Area, Product Types
2.5 Polyacrylonitrile (PAN) Market Competitive Situation and Trends