Acrylonitrile Companies

SECTION 1 — MARKET OVERVIEW

Why Is the Acrylonitrile Market Expanding?

The global acrylonitrile market is expanding at a robust pace, driven by accelerating demand across ABS and SAN resins, carbon fiber precursors, acrylic fibers, acrylamide, and nitrile rubber monomer applications in automotive, electronics, aerospace, textile, and water treatment industries worldwide. Market Research Future estimates the global acrylonitrile market at 9.03 million tons in 2025, with an estimated 9.46 million tons in 2026, projected to climb to 14.89 million tons by 2035 at a compound annual growth rate (CAGR) of 5.12% during the forecast period. This growth trajectory is anchored in two converging structural forces: automakers accelerating vehicle-lightweighting mandates that rely heavily on ABS plastic production, and the rapid global rollout of 5G infrastructure consuming styrene acrylonitrile compounds in electronic housings and connectors.

Acrylonitrile Market Share, By Process Technology, 2025 (USD Billion). The process technology is forecast to take up 88.5% of the acrylonitrile market share in 2025. This is attributed to the cost leadership of the ammoxidation process technology in large-scale manufacturing, where propylene, ammonia, and air are catalytically converted to acrylonitrile in a single reaction step. Sustainability mandates from downstream electronics OEM customers accelerate investment in next-generation renewable AN pilot facilities, with bio-based acrylonitrile production routes using renewable glycerol or bio-propylene feedstocks the fastest-growing production technology segment at a 5.52% CAGR through 2035. In terms of applications, ABS and SAN resin recorded the largest market share of 39.4% in 2025, driven by automotive interior components, electronic device housings, and consumer appliance production. Textile makers are turning more to high-tenacity synthetic fibers for technical fabrics, driving the use of acrylic fiber up at a 4.78% CAGR. Spending on water treatment infrastructure is lifting demand for acrylamide, which is rising at a 5.15% CAGR. The automotive and transportation end-use industry dominated ABS plastic consumption with a 37.2% share in 2025, mainly for interior trims, dashboards, and structural composites. Electrical and electronics is the fastest-growing end-use sector with a 6.32% CAGR. In 2025, the Asia-Pacific region represented 74.6% of the global acrylonitrile volume, supported by new capacity in China and India, and over USD 18 billion in investments in integrated refinery-to-downstream petrochemical corridors throughout the region from 2024 to 2028. Market Research Future sees the acrylonitrile market growth as structurally resilient through 2035, buoyed by EV platform ABS demand, 5G infrastructure buildout, aerospace carbon fiber growth, and bio-based AN commercialization.

Why These Companies Are Leading the Market?

Market leadership in the global acrylonitrile market is determined by four structural competitive factors:

Production scale and ammoxidation technology leadership: INEOS Nitriles and Asahi Kasei's combined investment of more than USD 400 million in next-generation ammoxidation catalyst beds — achieving 12 to 15% energy efficiency improvements per ton of AN produced — demonstrates how technology investment in the core SOHIO process delivers durable cost and sustainability advantages that smaller AN producers operating legacy catalyst systems cannot replicate without equivalent capital commitment.

Vertical integration from feedstock through downstream derivatives: Sinopec, PetroChina, and Formosa Plastics maintain integrated production chains from propylene feedstock supply through acrylonitrile synthesis and downstream ABS resin or acrylic fiber manufacturing, enabling captive monomer supply security, elimination of third-party AN procurement costs, and rapid adjustment of production mix between AN and derivatives in response to market price differentials — a supply chain flexibility unavailable to standalone AN producers.

Renewable energy and bio-based AN decarbonization leadership: Ascend Performance Materials' Titan Solar Farm integration — supplying one-third of its Chocolate Bayou AN plant's annual power requirements — and Mitsubishi Chemical's bio-based acrylonitrile pilot development represent the leading edge of AN production decarbonization. As downstream electronics and automotive OEM customers intensify Scope 3 emissions reporting requirements, producers with verified low-carbon AN production credentials will command premium pricing and preferred supplier positioning unavailable to competitors producing AN from fully fossil-derived feedstocks and grid electricity.

Strategic capacity expansion aligned with Asia-Pacific demand centers: The Taekwang-LG Chem 260,000 ton/year AN joint venture and Sinopec's multi-site Chinese capacity expansions illustrate how market leaders are allocating capital to expand AN production in Asia-Pacific — where 74.6% of global AN volume is consumed — rather than legacy Western production centers, aligning new capacity with the structural demand growth center for the forecast decade.

SECTION 2 — TOP 10 GLOBAL ACRYLONITRILE COMPANIES — MRFR RANKINGS (2026)

MRFR has profiled the following leading acrylonitrile companies worldwide based on production capacity, geographical presence, technology differentiation, application coverage, downstream integration, sustainability strategy, and innovation track record.

*Rankings based on MRFR analysis. Revenue figures sourced from official company filings and investor relations disclosures.

SECTION 3 — DETAILED COMPANY PROFILES

1. INEOS Nitriles | Private (INEOS Group) | Rolle, Switzerland

Company Overview: INEOS Nitriles is the world’s largest manufacturer of acrylonitrile, with major AN manufacturing facilities in Lima, Ohio (USA), Seal Sands, UK and Cologne, Germany. We use the SOHIO ammoxidation process to manufacture acrylonitrile from propylene and ammonia for ABS resin, acrylic fiber, carbon fiber precursor, acrylamide, and nitrile rubber monomer applications worldwide. INEOS Nitriles’ global network and operational excellence plan are the foundation for its indisputable leadership in the supply of acrylonitrile in North America and Europe.
2025-2026 Update: INEOS invested over USD 200 million in next-generation ammoxidation catalyst bed technology at its AN production facilities, achieving energy consumption reductions of 12% to 15% per ton acrylonitrile produced – a high operating cost and carbon footprint improvement that reinforces INEOS Nitriles cost leadership position as the largest global AN producer.

1. Asahi Kasei Corporation | TYO: 3407 | Tokyo, Japan

Company Overview: Asahi Kasei Corporation is Japan’s leading producer of acrylonitrile and a global supplier of acrylonitrile for acrylic fiber (branded as Cashmilon), ABS resin, carbon fiber precursor, and acrylamide applications. It produces acrylonitrile at its Mizushima and Nobeoka petrochemical complexes using the ammoxidation technology. Asahi Kasei’s strong integration across the AN value chain, from acrylonitrile monomer production to downstream acrylic fiber and specialty polymer manufacture, provides it with a structural competitive edge in the Japanese and Asia-Pacific markets.
2025-2026 Update: Asahi Kasei and INEOS invested over USD 200 million in research & development of ammoxidation catalysts to develop next-generation catalyst formulations that provide superior propylene conversion efficiency and reduced byproduct formation in the synthesis of acrylonitrile. Asahi Kasei has extended its capacity for the high-purity carbon fiber precursor acrylonitrile, targeting aerospace-grade carbon fiber producers requiring AN with closely regulated impurity profiles in 2025.

1. Ascend Performance Materials | Private (SK Capital Partners) | Houston, TX, USA

Company Overview: Ascend Performance Materials is a leading US producer of acrylonitrile and integrated downstream nylon 6,6 chemicals, operating its AN plant at Chocolate Bayou, Texas — one of North America's largest single-site acrylonitrile production facilities — and supplying AN to ABS resin, acrylic fiber, and specialty polymer customers across the Americas and internationally. Ascend's vertical integration from acrylonitrile through nylon 6,6 intermediates provides a differentiated supply model for downstream customers seeking integrated monomer supply.

2025–2026 Update: Ascend Performance Materials’ Chocolate Bayou acrylonitrile facility began receiving renewable electricity from the West Texas Titan Solar Farm in December 2021. The solar installation is projected to satisfy about one-third of the plant’s annual power requirements, directly reducing the carbon intensity of Ascend’s acrylonitrile production as part of its pledge to lower its overall carbon footprint by 80% by 2030.

1. AnQore B.V. | Private | Geleen, Netherlands

Company Overview: AnQore B.V. is a European specialist acrylonitrile producer operating the former DSM acrylonitrile plant at Geleen, Netherlands — one of Europe's largest AN production facilities — supplying acrylonitrile to European ABS resin, acrylic fiber, acrylamide, and specialty chemical manufacturers. AnQore's strategic location in the Dutch-Belgian chemical industry cluster enables efficient logistics to major European polymer and specialty chemical customers.

2025–2026 Update: AnQore expanded European acrylonitrile production and customer supply capability in 2025, advancing operational flexibility to serve specialty AN grade requirements from European ABS and acrylamide customers.

1. China Petroleum & Chemical Corporation (Sinopec) | SHA: 600028 | Beijing, China

Company Overview: China Petroleum & Chemical Corporation (Sinopec) is China’s largest oil refiner and petrochemical producer. Sinopec has multiple acrylonitrile production units at Shanghai Petrochemical, Yangtze River Petrochemical, and other integrated complexes, making it one of the world’s largest AN producers. Sinopec's vertically integrated model, from propylene feedstock production to acrylonitrile synthesis and further downstream ABS, acrylic fiber and acrylamide derivative production, allows cost-efficient supply to China's enormous domestic AN consumption base.
Update for 2025-2026: Sinopec boosted its acrylonitrile capacity at the Shanghai Petrochemical and Yangtze River Petrochemical complexes in 2025, to meet rising domestic demand for AN-derived ABS plastics for consumer electronics and automotive applications, and for acrylic fiber in the domestic textile industry.

1. PetroChina Company Limited (CNPC) | SHA: 601857 | Beijing, China

Company Overview: PetroChina Company Limited is the listed subsidiary of China National Petroleum Corporation (CNPC). It is a major Chinese acrylonitrile producer, with AN units at Jilin Petrochemical, Daqing Petrochemical and other integrated refinery-chemical complexes. It supplies acrylonitrile to Chinese ABS resin, acrylic fiber, nitrile rubber and acrylamide producers. PetroChina’s integrated upstream-downstream model provides feedstock security and production scale advantages in the Chinese domestic AN market.
Update 2025-2026 PetroChina in 2025 announced plans to expand acrylonitrile production capacity at its Jilin Petrochemical and Daqing Petrochemical complexes. The measures were designed to meet rising Chinese domestic demand for acrylonitrile butadiene styrene (ABS) in consumer electronics, automotive components, and household appliances.

1. Formosa Plastics Corporation | TWSE: 1301 | Taipei, Taiwan

Company Overview: Formosa Plastics Corporation is a large Taiwanese petrochemical group with a big presence in the Mailiao Industrial Park in Yunlin County, Taiwan, one of the most integrated petrochemical production sites in Asia, with a large acrylonitrile production and downstream ABS resin industry. Formosa's integrated AN-ABS manufacturing approach allows for direct monomer-to-resin delivery to its captive ABS business and third-party ABS producers in Asia-Pacific and the Americas through its US Gulf Coast plants.
2025-2026 Update: In 2025, Formosa Plastics expanded its integrated acrylonitrile and ABS production operations at Mailiao Industrial Park, increasing capacity for ABS resin supply to Taiwanese and international electronics manufacturers and automotive Tier 1 suppliers that require consistent quality ABS with tightly controlled acrylonitrile content.

1. Taekwang Industrial Co., Ltd. | KRX: 003240 | Seoul, South Korea

Company Overview: Taekwang Industrial Co., Ltd. is South Korea's leading acrylonitrile producer, supplying approximately one-third of South Korea's total AN consumption from its domestic production facilities, and a major producer of acrylic fibers and specialty chemical intermediates for Korean and international markets. Taekwang's AN business serves Korean ABS resin, acrylic fiber, and specialty polymer manufacturers, with growing export capability following its acrylonitrile joint venture with LG Chem.

2025–2026 Update: In June 2021, Taekwang Industrial announced that it will form a joint venture with LG Chem to build a new acrylonitrile production facility in South Korea with an annual capacity of 260,000 metric tons. The facility is expected to start commercial production in 2024 and will help meet the rapidly growing demand for ABS and acrylic fiber in Korea and the region.

1. Mitsubishi Chemical Corporation | TYO: 4188 | Tokyo, Japan

Company Overview: Mitsubishi Chemical Corporation is a major Japanese diversified chemical manufacturer with acrylonitrile production and downstream AN-derived polymer businesses. Mitsubishi Chemical produces AN for carbon fiber precursor, ABS resin, and specialty polymer applications. Mitsubishi Chemical is the parent of Mitsubishi Chemical Advanced Materials and has a close partnership with Toray Industries to build a carbon fiber supply chain that requires high-purity acrylonitrile precursor.
2025–2026 Update: Mitsubishi Chemical furthered development of its advanced bio-based acrylonitrile pilot plant in 2025, with the aim of producing acrylonitrile from renewable glycerol or propylene as an alternative to petroleum-derived propylene, which is directly addressing Scope 3 decarbonization requirements from downstream electronics OEM customers committed to bio-based polymer supply chains.

1. Repsol S.A. | BME: REP | Madrid, Spain

Company Overview: Repsol S.A. is a Spanish integrated energy and chemicals company with acrylonitrile production at its Tarragona petrochemical complex in Spain, supplying AN to European ABS resin, acrylic fiber, and industrial chemical manufacturers. Repsol's acrylonitrile business is integrated within its broader petrochemical operations at Tarragona, which produces a diverse range of basic and specialty chemical products leveraging feedstocks from its refinery operations.

2025–2026 Update: Repsol advanced low-carbon acrylonitrile production initiatives at its Tarragona petrochemical complex in 2025, aligned with Repsol's corporate commitment to achieve net-zero emissions by 2050 and intermediate 2030 carbon intensity reduction targets across its industrial operations.