Core Viewpoint - The rapid growth of China's acrylonitrile industry is driven by both state-owned enterprises and private companies, with production capacity expected to continue expanding in 2024 due to upstream raw material growth and downstream demand [2]. Industry Capacity Growth - China's acrylonitrile production capacity increased from 2.355 million tons in 2019 to 4.399 million tons in 2023, with a projected capacity of approximately 4.839 million tons in 2024, representing a year-on-year increase of 10% [2]. Industry Definition and Classification - Acrylonitrile, with the chemical formula C3H3N, is a colorless liquid with a pungent odor, used primarily in the production of polyacrylonitrile fibers, ABS resin, and nitrile rubber [4]. Regulatory Framework - The main regulatory bodies for the acrylonitrile industry include the National Development and Reform Commission and the Ministry of Industry and Information Technology, which oversee policy formulation and implementation [6]. Industry Policies - Recent government policies aim to promote the development of the acrylonitrile industry, including the "Guiding Opinions on Promoting Green Innovation and High-Quality Development in the Refining Industry" released in October 2023, which encourages product structure adjustments and production technology upgrades [7][8]. Industry Barriers - The acrylonitrile industry faces several barriers, including: - Technical Barriers: The production process requires advanced technology and expertise, making it challenging for new entrants [10]. - Market Barriers: Established companies dominate the market, creating a competitive landscape that is difficult for newcomers to penetrate [11]. - Financial Barriers: High initial investment costs for production facilities and technology pose significant challenges for new entrants [12]. Industry Chain Analysis - The acrylonitrile industry chain consists of upstream raw materials (liquid ammonia, acetonitrile, propylene), midstream production, and downstream applications, with ABS becoming the largest demand sector due to growth in the automotive and home appliance industries [13].
智研咨询发布:丙烯腈行业市场动态分析、发展方向及投资前景分析报告
Sou Hu Cai Jing·2025-05-14 02:22