Adiponitrile Market Share, Size, Trends, Industry Analysis Report, By Application (Electrolyte Solution, Nylon Synthesis, Hexamethylene Diisocyanate); By Production Method (Electrochemical Hydrodimerization of Acrylonitrile, Hydrocyanation of Butadiene);
Description
The global adiponitrile market size is expected to reach USD 25.64 billion by 2034 according to a new study by Polaris Market Research. The report Adiponitrile Market Share, Size, Trends, Industry Analysis Report, By Application (Electrolyte Solution, Nylon Synthesis, Hexamethylene Diisocyanate); By Production Method; By End Use; By Regions; Segment Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for adiponitrile is expected to increase during the forecast period from the automotive and textile industries. Rising use in the development of personal care products and increasing use in the production of nylon 66 is boosting the market growth. Rising industrialization, growing urbanization, and increasing environmental concerns further drive the growth of the market of adiponitrile.
The wide use of nylon 66 in applications such as electronics, automotive, packaging, construction, and consumer goods owing to properties such as high strength, greater abrasion and wear resistance, fuel and oil resistance, electrical insulating properties, and fatigue resistance has significantly increased the demand for adiponitrile across the globe.
The demand for the production of adiponitrile through hydrocyanation of butadiene is high. This method is increasingly being adopted by market players owing to its affordable price, mass production, and high efficiency. The nylon synthesis segment dominated the global market for adiponitrile in 2024 Nylon is used in the automotive sector for the manufacturing of bearings, slides, door handles, door & window stops among others. Other applications of nylon include tires and conveyor belts, coated fabrics, furnishings, floor coverings, and weaving among others.
Adiponitrile is used in diverse industries such as automotive, chemical, textile, healthcare, electronics, personal care, and others. The automotive segment accounted for the highest share in 2024. The increasing application of nylon 66 for the manufacturing of bearings, gears, bushes, and coatings owing to its high mechanical strength, low cost, wear resistance, and stability has increased the demand for adiponitrile.
Factors such as the growing automotive industry, increasing adoption of electric vehicles, and rising need for modernization of vehicles boost the growth of the adiponitrile in the automotive industry. Rising urbanization, technological advancements, and an increase in the sale of passenger vehicles have resulted in increased applications of adiponitrile.
Asia Pacific is expected to grow at a significant rate during the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector support market growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.
There has been increasing demand for adiponitrile from industries such as construction, chemical, and healthcare, thereby driving the growth of the market for adiponitrile in Asia Pacific. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.
Some of the major market participants include Asahi Kasei Corp, Thermo Fisher Scientific, Butachimie, Acros Organics B.V.B.A., Tokyo Chemical Industry, Merck & Co., Inc., BASF, Ascend Performance Materials, The Dow Chemical Company, LyondellBasell Industries N.V., Kishida Chemical Co., Ltd, Spectrum Chemical Mfg. Corp, DuPont, Invista, and Shandong Runxing Chemical Technology Co. Ltd.
Polaris Market research has segmented the adiponitrile market report on the basis of application, production method, end-use, and region:
Adiponitrile, Application Outlook (Revenue, USD Billion, 2020 – 2034)
Electrolyte Solution
Nylon Synthesis
Hexamethylene Diisocyanate
Others
Adiponitrile, Production Method Outlook (Revenue, USD Billion, 2020 – 2034)
Electrochemical Hydrodimerization of Acrylonitrile
Hydrocyanation of Butadiene
Others
Adiponitrile, End-Use Outlook (Revenue, USD Billion, 2020 – 2034)
Automotive
Chemical
Textile
Healthcare
Electronics
Personal Care
Others
Adiponitrile, Regional Outlook (Revenue, USD Billion, 2020 – 2034)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
Israel
UAE
The demand for adiponitrile is expected to increase during the forecast period from the automotive and textile industries. Rising use in the development of personal care products and increasing use in the production of nylon 66 is boosting the market growth. Rising industrialization, growing urbanization, and increasing environmental concerns further drive the growth of the market of adiponitrile.
The wide use of nylon 66 in applications such as electronics, automotive, packaging, construction, and consumer goods owing to properties such as high strength, greater abrasion and wear resistance, fuel and oil resistance, electrical insulating properties, and fatigue resistance has significantly increased the demand for adiponitrile across the globe.
The demand for the production of adiponitrile through hydrocyanation of butadiene is high. This method is increasingly being adopted by market players owing to its affordable price, mass production, and high efficiency. The nylon synthesis segment dominated the global market for adiponitrile in 2024 Nylon is used in the automotive sector for the manufacturing of bearings, slides, door handles, door & window stops among others. Other applications of nylon include tires and conveyor belts, coated fabrics, furnishings, floor coverings, and weaving among others.
Adiponitrile is used in diverse industries such as automotive, chemical, textile, healthcare, electronics, personal care, and others. The automotive segment accounted for the highest share in 2024. The increasing application of nylon 66 for the manufacturing of bearings, gears, bushes, and coatings owing to its high mechanical strength, low cost, wear resistance, and stability has increased the demand for adiponitrile.
Factors such as the growing automotive industry, increasing adoption of electric vehicles, and rising need for modernization of vehicles boost the growth of the adiponitrile in the automotive industry. Rising urbanization, technological advancements, and an increase in the sale of passenger vehicles have resulted in increased applications of adiponitrile.
Asia Pacific is expected to grow at a significant rate during the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector support market growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.
There has been increasing demand for adiponitrile from industries such as construction, chemical, and healthcare, thereby driving the growth of the market for adiponitrile in Asia Pacific. Increasing penetration of passenger vehicles coupled with rising awareness regarding the adoption of electric vehicles fuels the market growth in this region.
Some of the major market participants include Asahi Kasei Corp, Thermo Fisher Scientific, Butachimie, Acros Organics B.V.B.A., Tokyo Chemical Industry, Merck & Co., Inc., BASF, Ascend Performance Materials, The Dow Chemical Company, LyondellBasell Industries N.V., Kishida Chemical Co., Ltd, Spectrum Chemical Mfg. Corp, DuPont, Invista, and Shandong Runxing Chemical Technology Co. Ltd.
Polaris Market research has segmented the adiponitrile market report on the basis of application, production method, end-use, and region:
Adiponitrile, Application Outlook (Revenue, USD Billion, 2020 – 2034)
Electrolyte Solution
Nylon Synthesis
Hexamethylene Diisocyanate
Others
Adiponitrile, Production Method Outlook (Revenue, USD Billion, 2020 – 2034)
Electrochemical Hydrodimerization of Acrylonitrile
Hydrocyanation of Butadiene
Others
Adiponitrile, End-Use Outlook (Revenue, USD Billion, 2020 – 2034)
Automotive
Chemical
Textile
Healthcare
Electronics
Personal Care
Others
Adiponitrile, Regional Outlook (Revenue, USD Billion, 2020 – 2034)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
Israel
UAE
Table of Contents
132 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Germany Ophthalmic Spectacle Lenses and Equipment Market Insights
- 4.1. Ophthalmic Spectacle Lenses and Equipment Market – Usage Snapshot
- 4.2. Ophthalmic Spectacle Lenses and Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Strong Network of Hospitals
- 4.2.1.2. Strong Health Insurance System
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Ophthalmic Spectacle Lenses and Equipment Market Usage Trends
- 4.6. Value Chain Analysis
- 5. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Product, 2020-2034 (USD Billion)
- 5.3. Ophthalmic Spectacle Lenses
- 5.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Ophthalmic Spectacle Lenses, by Region, 2020-2034 (USD Billion)
- 5.4. Ophthalmic Spectacle Equipment
- 5.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Ophthalmic Spectacle Equipment, by Region, 2020-2034 (USD Billion)
- 6. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lens Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lens Type, 2020-2034 (USD Billion)
- 6.3. Single-Vision Lens
- 6.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Single-Vision Lens, by Region, 2020-2034 (USD Billion)
- 6.4. Multifocal Lenses
- 6.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Multifocal Lenses, by Region, 2020-2034 (USD Billion)
- 6.4.2. Progressive Lenses
- 6.4.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Progressive Lenses, by Region, 2020-2034 (USD Billion)
- 6.4.3. Bifocal Lenses
- 6.4.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Bifocal Lenses, by Region, 2020-2034 (USD Billion)
- 6.4.4. Trifocal Lenses
- 6.4.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Trifocal Lenses, by Region, 2020-2034 (USD Billion)
- 6.5. Other
- 6.5.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Other, by Region, 2020-2034 (USD Billion)
- 7. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lens Material
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lens Material, 2020-2034 (USD Billion)
- 7.3. Plastic
- 7.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Plastic, by Region, 2020-2034 (USD Billion)
- 7.3.2. Polycarbonate
- 7.3.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Polycarbonate, by Region, 2020-2034 (USD Billion)
- 7.3.3. Polycarbonate
- 7.3.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Polycarbonate, by Region, 2020-2034 (USD Billion)
- 7.3.4. CR-39 Plastic
- 7.3.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by CR-39 Plastic, by Region, 2020-2034 (USD Billion)
- 7.3.5. Others
- 7.3.5.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Others, by Region, 2020-2034 (USD Billion)
- 7.4. Glass
- 7.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Glass, by Region, 2020-2034 (USD Billion)
- 8. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Usage
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Usage, 2020-2034 (USD Billion)
- 8.3. Prescription Spectacle Lenses
- 8.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Prescription Spectacle Lenses, by Region, 2020-2034 (USD Billion)
- 8.4. Non-prescription Spectacle Lenses
- 8.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Non-prescription Spectacle Lenses, by Region, 2020-2034 (USD Billion)
- 9. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Equipment
- 9.1. Key Findings
- 9.2. Introduction
- 9.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Equipment, 2020-2034 (USD Billion)
- 9.3. Lens Fabrication Equipment
- 9.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lens Fabrication Equipment, by Region, 2020-2034 (USD Billion)
- 9.3.2. Lens Generators
- 9.3.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lens Generators, by Region, 2020-2034 (USD Billion)
- 9.3.3. Edging Machines
- 9.3.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Edging Machines, by Region, 2020-2034 (USD Billion)
- 9.3.4. Others
- 9.3.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Others, by Region, 2020-2034 (USD Billion)
- 9.4. Lens Coating Equipment
- 9.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Media & Entertainment, by Region, 2020-2034 (USD Billion)
- 9.4.2. Anti-Reflective Coating Machines
- 9.4.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Anti-Reflective Coating Machines, by Region, 2020-2034 (USD Billion)
- 9.4.3. Hard Coating Equipment
- 9.4.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Hard Coating Equipment, by Region, 2020-2034 (USD Billion)
- 9.4.4. UV Coating Equipment
- 9.4.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by UV Coating Equipment, by Region, 2020-2034 (USD Billion)
- 9.4.5. Others
- 9.4.5.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Others, by Region, 2020-2034 (USD Billion)
- 9.5. Optical Measurement Equipment
- 9.5.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Optical Measurement Equipment, by Region, 2020-2034 (USD Billion)
- 9.5.2. Refractors & Autorefractors
- 9.5.2.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Refractors & Autorefractors, by Region, 2020-2034 (USD Billion)
- 9.5.3. Lensometer
- 9.5.3.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Lensometer, by Region, 2020-2034 (USD Billion)
- 9.5.4. Others
- 9.5.4.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Others, by Region, 2020-2034 (USD Billion)
- 9.6. Other
- 9.6.1. Germany Ophthalmic Spectacle Lenses and Equipment Market, by Other, by Region, 2020-2034 (USD Billion)
- 10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
- 11. Company Profiles
- 11.1. Bausch + Lom
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. EssilorLuxottica
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. GKB Ophthalmics Ltd.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Hoya Corporation
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Johnson & Johnson
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Nikon Corporation
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Rodenstock GmbH
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Vision Service Plan (VSP) Global
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Zeiss Vision Care
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
Pricing
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