Global ACN demand across 2013 forecast at 1.5% growth

25 October 2013 16:11  [Source: ICIS news]

LONDON (ICIS)--Global acrylonitrile (ACN) consumption in 2013 has increased by 1.5% across all end uses, sources estimated on Friday.

Strong demand in the Asian acrylonitrile-butadiene-styrene (ABS) market – driven by automotive growth in the region – and  the acrylamide sector – because of increased adoption – has been counterbalanced by stable acrylic fibre demand.

“Globally fibres are at magnitude of last year... The overall demand is stable at about 1.85-1.9m tonnes,” an acrylic fibre producer said.

Demand in Europe is expected to be at parity with 2012, although areas such as acrylic fibre, have been weak, with some sources estimating a fall of up to 10% year-on-year in 2013.

“Our calculation it's about 1.5% increase globally. Mostly driven by China ABS… unfortunately European demand was decreased in 2012,” a global distributor said.

($1 = €0.72)

By: Mark Victory
+44 208 652 3214

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