Global Nitrile Butadiene Rubber (NBR) Market 2016 Industry Analysis & Forecast 2024

Nitrile Butadiene Rubber (NBR) Market

Zion Market Research, the market research group announced the analysis report titled ‘Nitrile Butadiene Rubber (NBR) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Global Nitrile Butadiene Rubber (NBR) Market by Overview: Nitrile butadiene rubber (NBR) is formed by the copolymerization of butadiene and acrylonitrile and is also commonly known as Buna-N or nitrile rubber. Nitrile butadiene rubber is used in the automotive and the industrial industry in manufacturing components such as kick panels, dashboards, brake pads, and so on. It is known as the workforce of rubber products in these sectors. It is used widely due to its better resistance to heat, puncture, fuel, and chemicals as compared to natural rubber. Among its varied features, the ability to sustain different temperature levels makes it useful in the aerospace applications. Physical attributes such as hardness and stiffness of nitrile butadiene rubber make it the ideal material for use in the nuclear industry. All these factors contribute to the rising demand for nitrile butadiene rubber propelling its growth in the market.

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Global Nitrile Butadiene Rubber (NBR) Market by Segmentation: The nitrile butadiene rubber (NBR) market is segmented on the basis of application, end-user, and regions. Based on the application, the nitrile butadiene rubber (NBR) market is categorized into the hose, belting and cable, adhesive and sealants, industrial and medical gloves, seals and O-rings, molded and extruded products, cement, oil field products, gaskets and weather stripping cables. Based on the end-user, the NBR market is subdivided into automotive which is the largest end-user of NBR, machinery, cots and aprons, construction, plastic modifications, wires and cables, and others. The regional distribution of the nitrile butadiene rubber market is visible in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

Global Nitrile Butadiene Rubber (NBR) Market by Growth Factors: the Major growth of the nitrile butadiene rubber market can be seen in the automotive sector. Sustainability of varied temperatures and resistance to minerals, alkali, oils, and acid makes it favorable to be used in the automotive industry. This sector has been the largest end-use sector of the nitrile butadiene rubber market globally. The other major sectors which are witnessing a significant escalation are the construction sector and the industrial and medical gloves manufacturing sector. The expected government expenditure on developing infrastructure may also give a boost to the nitrile butadiene rubber market in the near future.

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Global Nitrile Butadiene Rubber (NBR) Market by Regional Analysis: Asia-Pacific had the largest consumption of nitrile butadiene rubber and it dominated the NBR market globally in terms of revenue as well as volume. The second largest market is North America due to the high demand for nitrile butadiene rubber in the medical industry. Developing countries such as India as well as China are growing in the nitrile butadiene rubber market owing to rapid industrialization and the growth in the automotive sector. The Economic recession had restrained the nitrile butadiene rubber market in the past but a moderate growth rate is expected in the European region in the coming years.

Global Nitrile Butadiene Rubber (NBR) Market by Competitive Players: Some of the key vendors of the nitrile butadiene rubber include Huangshan Hualan Technology, Nitriflex, PetroChina, Zeon Chemicals, BASF, Dow Chemicals, Hyundai, JSR, Lanxess, Nantex Industry, Polimeri Europa, LG Chem, and OMNOVA Solutions. Other key players influencing the global market are Synthomer, Bayer, DSM Polymer, Industrias Negromex, Kumho Petrochemical, Lubrizol, Petroflex, and Sibur Holding JSC Synthos.

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Global Nitrile Butadiene Rubber (NBR) Market by Regional Analysis: North America (U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa

Our value reports provide full, in-depth analysis of the parent market including most significant changes in market dynamics; the report also presents the detailed overview on segmentation of this market. We managed to present as many important information in essential form – thanks to our report You will learn more about former, on-going, and projected market analysis in terms of volume and value, assessment of niche industry developments and Market share analysis. We have not forgotten to present key strategies for major players, emerging segments and regional markets and last but not least, testimonials to companies in order to fortify their foothold in the market.

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