ADIPONITRILE MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics

Nylon 6,6 has a wide range of properties such as light weight, and water resistance which makes it ideal for application in swim-wear. Moreover, the growing demand for nylon 6,6 in end-use industries such as textile, plastic, and fiber, is expected to benefit the growth of the global adiponitrile market. ADN is used in the manufacture of conveyor belts, carpet fibres, ropes, strings in musical instruments, textile manufacturing, tire cords, and in the automotive industry among others. The rapidly expanding textile industry is projected to facilitate the demand for adiponitrile in the near future. There has been an increasing demand for production of adipic acid in polyurethane applications such as thermal insulation, footwear, and auto seating. However, growth of the adiponitrile market may be hampered by price fluctuations in natural gas, as the chemical can also be manufactured from Butadiene. Moreover, increasing health and environment concerns regarding the production of adiponitrile are expected to restrain the market growth over the forecast period. Inhaling or swallowing ADN can cause irritation to the skin, respiratory tract, and in the eye. Furthermore, it can cause Cyanosis in which the skin gets a bluish tinge due to less blood oxygenation. Inhalation can cause a variety of mild to acute symptoms such as dizziness, weakness, irregular heartbeat, convulsion, or coma which can result in death.