According to foreign media reports, industry insiders predict that in 2014 the global consumption of acrylonitrile is expected to grow by 2% over the year to reach 5.4 million tons . However, this also depends on the acrylonitrile – butadiene- styrene terpolymer resin (ABS) growth in demand . Insiders said that this year global consumption of all types of acrylonitrile end use is expected to grow 1.5% to 5.3 million tons . Asia, driven by booming auto industry , ABS resin market demand is very busy . In addition , strong growth in demand for water treatment chemicals, acrylamide increased demand driven , and thus also expanded acrylonitrile demand .
Insiders predict that in 2014 , the main driver of growth in consumption of acrylonitrile tables from the ABS demand growth in China , but it also depends on macroeconomic trends . According to the analysis , with the increase in China’s construction industry growth in car ownership and , in 2014 , China ‘s demand for ABS resins will continue to grow significantly . 2020 , the global vehicle population will be doubled. It will also promote global acrylonitrile consumption growth.
In addition, Asia is still driving the global consumer demand for acrylonitrile fastest growing market , which is mainly driven by ABS and acrylamide aspects of demand growth . This year , the number of Asian acrylonitrile demand will reach 3.36 million tons , accounting for over 60% of total global demand . Europe in 2014 is expected to resume growth in demand for acrylonitrile . For now, the macroeconomic situation in Europe is still in the phase fluctuations , so the industry is difficult to predict demand growth next year in Europe .
