The adiponitrile market is growing at a rate of around 4.5 per cent. Even as automotive applications continue to hold dominance in the adiponitrile market, end use applications in the textile sector for the production of clothing fiber, rugs and carpets are growing. Adiponitrile for nylon synthesis applications accounts for over 85 per cent of the global adiponitrile market. Most end-use applications for adiponitrile are aimed at the production of automotive components and materials, which account for nearly 42 per cent of the global market, necessitated by the high strength and temperature requirements of components like plug parts, radiator housing and hydraulic brakes.

The adiponitrile market is bolstered by a strong demand for polymer nylon 6-6, which finds widespread applications in the production of commodities such as electro-insulations, conveyor belts and carpet fibers. The demand for nylon 6-6 is continuing to grow across the United States and Europe, owing to its use as a popular resin in engineering applications. This is particularly true in terms of the demand for tire cords from the global automotive segment.

Developed regions, including North America and Europe, hold a 60 per cent share in the global adiponitrile market. But countries in the east Asia region are rapidly gaining traction accounting for nearly 20.6 per cent of the global market.