Nitrile rubber (NBR), also called nitrile-butadiene rubber, an oil-resistant synthetic rubber produced from a copolymer of acrylonitrile and butadiene. Its main applications are in fuel hoses, gaskets, rollers, and other products in which oil resistance is required.
Nitrile rubber is mostly used where high oil resistance is required, as in automotive seals, gaskets, or other items subject to contact with hot oils. The rolls for spreading ink in printing and hoses for oil products are other obvious uses. NBR is also employed in textiles, where its application to woven and nonwoven fabrics improves the finish and waterproofing properties.
For regions, China keeps the largest consumption region in the recent few years, whose consumption volume share was 47% in 2016 globally. Europe is the follower, with the consumption volume of 132 K MT in 2016.
With gradual economy recovery, nitrile rubber downstream industries are resuming, give sufficient supports to the industry development. Global consumption volume of nitrile rubber increased from 633.7 K MT in 2012 to 706.4 K MT in 2016, with the CAGR of 2.75%.
The nitrile rubber industry leaders are LANXESS, Zeon and so on, have good reputations for their nitrile rubber products with advanced technologies. Compared with manufacturers Internally, China’s NBR industry is still in the development stage. Although China is a net importer for the time being, with more and more new capacities to be released in the coming years, China will become a major supplier of NBR internationally.
According to this study, over the next five years the Nitrile Rubber (NBR) market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 3740 million by 2024, from US$ 2470 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Nitrile Rubber (NBR) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Nitrile Rubber (NBR) market by product type, application, key manufacturers and key regions and countries.
This study considers the Nitrile Rubber (NBR) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Block type
Particles/Crumb type
Powder type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automobiles Industry
Construction Industry
Machinery Industry
Aprons & Cots Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LANXESS
Zeon
CNPC
Nantex
KKPC
LG
Ningbo Shunze
Sibur
JSR
Industrias Negromex
Versalis
Petrobras Argentina
Huangshan Hualan Technology
Nanjing Xinfeima Chemical
Jiangyin Zhengbang Chemicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Nitrile Rubber (NBR) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Nitrile Rubber (NBR) market by identifying its various subsegments.
Focuses on the key global Nitrile Rubber (NBR) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Nitrile Rubber (NBR) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Nitrile Rubber (NBR) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Nitrile Rubber (NBR) . Industry analysis & Market Report on Nitrile Rubber (NBR) is a syndicated market report, published as Global Nitrile Rubber (NBR) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Nitrile Rubber (NBR) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.