South Korea Adiponitrile Market Size & Outlook, 2025-2030
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South Korea adiponitrile market highlights
- The South Korea adiponitrile market generated a revenue of USD 520.6 million in 2022 and is expected to reach USD 1,005.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, nylon synthesis was the largest revenue generating application in 2022.
- Electrolyte Solution is the most lucrative application segment registering the fastest growth during the forecast period.
Adiponitrile market data book summary
| Market revenue in 2022 | USD 520.6 million |
| Market revenue in 2030 | USD 1,005.8 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Nylon synthesis |
| Fastest growing segment | Electrolyte Solution |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon Synthesis, HDI, Electrolyte Solution, Other Applications |
| Key market players worldwide | Asahi Kasei Corp, Ascend Performance Materials, Basf SE, INVISTA, Tokyo Chemical Industry, Butachimie, Spectrum Chemicals |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.4% of the global adiponitrile market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China adiponitrile market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,744.8 million by 2030.
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Adiponitrile Market Scope
Adiponitrile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Spectrum Chemicals | View profile | 11-50 | Mumbai, Maharashtra, India, Asia | https://www.spectrumchemicals.net |
| Butachimie | View profile | 251-500 | Ottmarsheim, Alsace, France, Europe | https://www.butachimie.eu |
| Tokyo Chemical Industry | View profile | 501-1000 | Chennai, Tamil Nadu, India, Asia | https://www.tcichemicals.com/ |
| INVISTA | View profile | 10001+ | Wichita, Kansas, United States, North America | http://www.invista.com/ |
| Ascend Performance Materials | View profile | 1001-5000 | Houston, Texas, United States, North America | https://www.ascendmaterials.com/ |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
South Korea adiponitrile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to adiponitrile market will help companies and investors design strategic landscapes.
Nylon synthesis was the largest segment with a revenue share of 69.57% in 2024. Horizon Databook has segmented the South Korea adiponitrile market based on nylon synthesis, hdi, electrolyte solution, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Adiponitrile Application Outlook (Revenue, USD Million, 2018-2030)
- HDI
- Other Applications
- Nylon Synthesis
- Electrolyte Solution
- South Korea Adiponitrile End Use Outlook (Revenue, USD Million, 2018-2030)
- Electrical & Electronics
- Chemical Intermediate
- Automotive
- Textile
- Other End-uses
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea adiponitrile market , including forecasts for subscribers. This country databook contains high-level insights into South Korea adiponitrile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea adiponitrile market size, by end use, 2018-2030 (US$M)
South Korea Adiponitrile Market Outlook Share, 2024 & 2030 (US$M)
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