Pacific Azobisisobutyronitrile market

Asia Pacific Azobisisobutyronitrile (AIBN) Market Research Report 2024-2030

  • 24 October 2024
  • Chemicals and Materials
  • 205 Pages
  • Report code : PMR-8015550

  • 4.7 (158)

Pacific Azobisisobutyronitrile Market

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The Asia Pacific Azobisisobutyronitrile (AIBN) market size was valued at US$ 72.9 million in 2024 and is projected to reach US$ 93.1 million by 2030, at a CAGR of 4.2% during the forecast period 2024-2030.

Azobisisobutyronitrile (AIBN) is an organic compound widely used as a foaming agent and radical initiator in polymer production, valued for its role in controlling polymerization reactions and producing foam plastics.

The Asia Pacific AIBN market is driven by the region's large polymer and plastic manufacturing industry. China dominates with a 55% market share, followed by South Korea at 20% and Japan at 15%. In 2023, the plastic foam industry consumed 60% of the total production, with polymer synthesis applications at 30%. The market saw an 8% increase in demand from the automotive sector for lightweight materials. Key players include Nanjing Chungzheng Chemical (China) and Fujifilm Wako Pure Chemical Corporation (Japan), collectively holding a 40% market share in the region. The industry is investing in safer handling and storage technologies, with a 15% increase in R&D spending on stabilized AIBN formulations in 2023. Challenges include stringent safety regulations, with a 10% increase in compliance costs reported by manufacturers. The market is seeing a trend towards bio-based alternatives, with 5% of initiators now derived from renewable sources.

Report Includes

Pacific Azobisisobutyronitrile Market is an essential reference for who looks for detailed information on Asia Pacific Azobisisobutyronitrile (AIBN) . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Azobisisobutyronitrile (AIBN) , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Azobisisobutyronitrile Market aims to provide a comprehensive presentation of the Asia Pacific Azobisisobutyronitrile (AIBN) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Azobisisobutyronitrile (AIBN) . Pacific Azobisisobutyronitrile Market contains market size and forecasts of Azobisisobutyronitrile (AIBN) in Asia Pacific, including the following market information:

We surveyed the Azobisisobutyronitrile (AIBN) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    99% and Above

•    Below 99%

by Application:

•    Polymerization Initiator

•    Blowing Agent

•    Others

key players include: (At least 8-10 companies included)

•    Mitsubishi Chemical Corporation

•    Luperox

•    Akzo Nobel N.V.

•    Peroxan

•    A.B. Enterprises

•    Fujian Shaowu Yongfei Chemical Co., Ltd.

•    Hanhong Group

•    Shanghai Jiuzhou Chemicals Co., Ltd.

•    Tokyo Chemical Industry Co., Ltd.

•    Beilstein Institute

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Azobisisobutyronitrile (AIBN) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies Azobisisobutyronitrile (AIBN) revenues share in Asia Pacific market, 2023 (%)

•    Key companies Azobisisobutyronitrile (AIBN) sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies Azobisisobutyronitrile (AIBN) sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of Azobisisobutyronitrile (AIBN)

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Azobisisobutyronitrile (AIBN) capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Azobisisobutyronitrile (AIBN) manufacturers

•    Azobisisobutyronitrile (AIBN) forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.

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