Polyacrylonitrile (PAN) Market Share, Trend & Demand Analysis: Forecast to 2022
Polyacrylonitrile (PAN) Industry Report provides in-depth analysis of Chemical industry by Proposition, Development, Opportunistic Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key players, SWOT Analysis and Forecast.
Global Polyacrylonitrile Market demand is expected to witness a steady growth on account of its increasing usage as a fiber. Polyacrylonitrile (PAN) fibers are widely used in making tents, tennis rackets, and fishing rods. Polyacrylonitrile is an organic fiber resin with a linear formula (C3H3N)n. It possesses thermoplastic properties and does not melt under normal conditions. It is a very versatile monomer and has wide applications which include filtration membranes, reverse osmosis fibers, and textile fibers. PAN is produced using radical polymerization of acrylonitrile. PAN was first commercially branded and produced on a large scale by DuPont named as Orlon. PAN application as a precursor for carbon fiber manufacturing is the major factor driving the overall market demand. More than half of PAN is used for as an intermediate for carbon fiber production. Carbon fibers are highly used in aerospace, civil engineering and competition sports. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/polyacrylonitrile-pan-market Usage of polyacrylonitrile as a textile fiber is a major application driving the overall demand. This compound is used in the manufacturing of knitted clothing including socks and sweaters.