Global acrylonitrile (ACN) market is likely to grow in light of its increasing importance for providing heat resistance and thermal stability in construction, consumer goods and automotive industries. Fluctuating prices of petrochemical feedstock along with rising importance of bio-based polymers is expected to remain challenging factor for industry. ACN is an organic compound which is produced through the ammonia catalysis of propylene. The product is used to manufacture acrylic fibers, which is further processed to produce clothes such as sweaters, hats, socks and sports gloves. ACN also finds application for the production of butadiene styrene (ABS), styrene acrylonitrile (SAN) and homopolymers such as polyacrylonitrile.
http://www.grandviewresearch.com/industry-analysis/acrylonitrile-acn-market
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