Acrylonitrile Producers Market Analysis: Global Industry Trends, Size, Overview, Opportunity and Forecast 2021-2027
Market Overview In terms of value, the global acrylonitrile styrene acrylate (ASA) market is expected to reach USD 1,050.6 Million in 2025 and register a CAGR of 6.1%. Acrylonitrile styrene acrylate (ASA) is produced by copolymerization reaction between styrene and acrylonitrile. It is tough and exhibits properties such as thermal stability, chemical resistance, and rigidity. Acrylonitrile Producers Market Analysis is significantly used in the construction industry. The increasing spending on renovation activities is driving market growth. Additionally, increasing investments in infrastructure projects such as transportation, water management, and energy sectors are favoring the growth of the acrylonitrile styrene acrylate market in the region. In the US, revenue from the construction industry crossed USD 1 trillion in 2016–2017 and is expected to reach USD 1.7 trillion by 2020. Moreover, the exterior parts of automobiles require high-performance materials such as ASA to prote