Adiponitrile Market

ID: MRFR/CnM/6166-HCR

140 Pages

Anshula Mandaokar

October 2025

Global Adiponitrile Market Research Report Information by Product Type (Polyurethane; Nylon 6,6; Fiber; Nylon 6,6 Resin; Adipate Esters), Application (Chemical, Medical, Personal Care, Electronics, Automobile, Textile), and Region—Forecast till 2035

Summary Table of Contents Segmentation Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Adiponitrile Market Summary

The global adiponitrile market is projected to grow significantly from 13.1 USD billion in 2024 to 26.3 USD billion by 2035.

Key Market Trends & Highlights

Adiponitrile Key Trends and Highlights

The adiponitrile market is expected to witness a compound annual growth rate of 6.53 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 26.3 USD billion, doubling from 13.1 USD billion in 2024.
The increasing demand for adiponitrile in various applications is likely to drive market growth.
Growing adoption of sustainable practices due to environmental concerns is a major market driver.

Adiponitrile Market

CAGR

6.53%

Market Size & Forecast

2024 Market Size	13.1 (USD Billion)
2035 Market Size	26.3 (USD Billion)
CAGR (2025-2035)	6.53%

Major Players

BASF (Germany), LG Chem (South Korea), Sinopec (Beijing), Ineos (Germany), DowDuPont (US), Evonik Industries (Germany), SABIC (Saudi Arabia), Royal Dutch Shell (The Netherlands), JSR Corporation (Japan)

Adiponitrile Market Drivers

Rising Demand for Nylon Production

The Global Adiponitrile Market Industry experiences a notable surge in demand driven by the nylon production sector. Adiponitrile serves as a crucial precursor in the synthesis of nylon 6,6, which is extensively utilized in textiles, automotive, and consumer goods. As industries increasingly prioritize lightweight and durable materials, the demand for nylon is projected to escalate. This trend is reflected in the market's anticipated growth, with a valuation of 13.1 USD Billion in 2024, potentially doubling to 26.3 USD Billion by 2035. Such growth indicates a compound annual growth rate of 6.53% from 2025 to 2035, underscoring the significance of adiponitrile in meeting evolving material needs.

Key Companies in the Adiponitrile Market market include

Industry Developments

Q2 2024: Invista to expand adiponitrile production capacity at Texas plant Invista announced a major expansion of its adiponitrile production facility in Texas, aiming to increase output to meet rising demand from the automotive and electronics sectors. The project is expected to be completed by late 2025.
Q1 2024: BASF and Sinopec form joint venture to boost adiponitrile output in China BASF and Sinopec signed a joint venture agreement to construct a new adiponitrile plant in Nanjing, China, targeting the growing Asian market for nylon 6,6 intermediates. The facility is scheduled to begin operations in 2026.
Q3 2024: Ascend Performance Materials announces new adiponitrile plant in France Ascend Performance Materials revealed plans to build a new adiponitrile manufacturing facility in Normandy, France, as part of its European expansion strategy. The investment is expected to strengthen the company's supply chain in the region.
Q2 2024: Invista appoints new VP of Adiponitrile Operations Invista named Dr. Lisa Chen as Vice President of Adiponitrile Operations, effective June 2024, to oversee global production and strategic growth initiatives.
Q1 2025: Toray Industries secures contract to supply adiponitrile for EV battery components Toray Industries announced it has won a multi-year contract to supply adiponitrile to a leading electric vehicle manufacturer for use in advanced battery components.
Q2 2025: Solvay invests in bio-based adiponitrile production technology Solvay disclosed a significant investment in a new technology platform for bio-based adiponitrile production, aiming to reduce the carbon footprint of nylon 6,6 manufacturing.
Q3 2025: BASF completes acquisition of specialty adiponitrile assets from Arkema BASF finalized the acquisition of Arkema's specialty adiponitrile assets, expanding its portfolio and strengthening its position in the high-performance materials market.
Q2 2024: Evonik launches new grade of high-purity adiponitrile for electronics applications Evonik introduced a new high-purity adiponitrile product designed for advanced electronics manufacturing, targeting semiconductor and battery markets.
Q1 2024: Ascend Performance Materials partners with LG Chem for adiponitrile supply Ascend Performance Materials entered a strategic partnership with LG Chem to supply adiponitrile for nylon 6,6 production in South Korea.
Q4 2024: INEOS announces IPO of its adiponitrile business unit INEOS revealed plans to spin off and publicly list its adiponitrile business unit, aiming to raise capital for further expansion and innovation.
Q2 2025: Solvay opens pilot plant for sustainable adiponitrile production in Belgium Solvay inaugurated a pilot facility in Belgium dedicated to sustainable adiponitrile production, leveraging renewable feedstocks and advanced process technology.
Q3 2025: Toray Industries raises $200 million in green bond to fund adiponitrile capacity expansion Toray Industries issued a $200 million green bond to finance the expansion of its adiponitrile production capacity, with a focus on sustainable manufacturing practices.

Intended Audience

Adiponitrile Manufacturers

Traders and Distributors of Adiponitrile

Research and Development Institutes

Potential Investors

Raw Material Suppliers

Nationalized Laboratories

Future Outlook

Adiponitrile Market Future Outlook

The Global Adiponitrile Market is projected to grow at a 6.53% CAGR from 2024 to 2035, driven by increasing demand in automotive and electronics sectors.

New opportunities lie in:

Invest in sustainable production technologies to reduce environmental impact.
Expand applications in high-performance polymers for automotive components.
Leverage advancements in battery technology to enhance adiponitrile's role in energy storage solutions.

By 2035, the Adiponitrile Market is expected to achieve robust growth, reflecting evolving industrial demands.

Report Scope

Report Attribute/Metric	Details
Market Size	2030: USD 20.1 Billion
CAGR	2030: 5.5%
Base Year	2021
Forecast Period	2022 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Product Type, Application and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	BASF (Germany), LG Chem (South Korea), Sinopec (Beijing), Ineos (Germany), DowDuPont (US), Evonik Industries (Germany), SABIC (Saudi Arabia), Royal Dutch Shell (The Netherland), and JSR Corporation (Japan), among others.
Key Market Opportunities	The growth the end use industries such as textile and chemicals is expected to propel the global market growth over the forecast period.
Key Market Drivers	The increasing demand in the plastics and automotive industry.

Market Highlights

Adiponitrile Companies

Author

Anshula Mandaokar

Team Lead - Research

Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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FAQs

What is the valuation of the global adiponitrile market?

The global adiponitrile market valuation can touch 20.1 Billion by 2035.

What is the growth rate of the global adiponitrile market?

The global adiponitrile market can expand at 5.5% CAGR from 2025 to 2035.

Who are the major players in the global adiponitrile market?

Formosa Plastics Corporation, Toray Industries, Inc, Hexcel Corporation, Cytec Industries Inc., OJSC «SvetlogorskKhimvolokno», DowAksa, Mitsubishi Chemical Corporation, Kureha Corporation, Teijin Limited, Taekwang Industrial Co., Ltd, Nippon Graphite Fiber Co., Ltd., HYOSUNG, SGL Group, and Carbon Mods are major players of the global adiponitrile market.

What is the major restraining factor of the global adiponitrile market?

The global adiponitrile market growth is restrained by huge capital required for the setup of adiponitrile units.

What is the major driver of the global adiponitrile market?

The global adiponitrile market is driven by the growing plastics and automotive industries.

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