Global Nitrile Butadiene Rubber (NBR) Market Insights, Size and Growth Forecast To 2027

 

SPER Market Research

Global Nitrile Butadiene Rubber (NBR) Market: Overview
Nitrile rubber, also known as Buna-N, styrene-butadiene rubber or NBR, is a copolymer of acrylonitrile (ACN) and butadiene and is a synthetic rubber. Although its physical and chemical properties vary with the composition of the nitrile in the polymer, such synthetic rubbers are generally resistant to oil, fuel, and other chemicals (the higher the nitrile content of the polymer, the better the oil resistance, but the material's toughness will deteriorate). In the automotive and aviation industries, it can be used to make fuel and oil delivery hoses, seals, and grommet; in the nuclear industry, it can be used to make protective gloves. Nitrile rubber is more resistant to oil and acids than natural rubber but has lower strength and toughness. However, nitrile rubber gloves have three times the puncture resistance of natural rubber gloves.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


Global Nitrile Butadiene Rubber Market: Insights
The global Nitrile Butadiene Rubber Market USD 998.7 million in 2017 and projected to reach USD 1806.7 million by 2027, registering a CAGR of 5.51% during the forecast period (2020-2027). The surge in demand for NBR gloves in medical and construction industries are projected to propel the global nitrile butadiene rubber market in the coming years. Moreover, the surge in demand for nitrile butadiene rubber in various industries due to its superior performance and structural attributes will fuel the demand for nitrile butadiene rubber in the upcoming periods. Additionally, the growing usage of NBR as tires and non-tire applications in the automotive & transportation industry will boost the global nitrile butadiene rubber market in the future time.

NBR can be used to dilute acids, bases, and salt solvents at low temperatures. NBR is not suitable for polar solvents. Nitrile rubber can also be used to make molded articles, footwear, adhesives, sealants, sponges, foam materials, floor mats, and other covering materials. NBR is extremely flexible and is a practical material for disposable laboratory, cleaning, and inspection gloves. Furthermore, the upsurge in demand for nitrile butadiene rubber in the automotive and oil & gas industry due to its high oil resistance and high heat stability would be expected to trigger the nitrile butadiene rubber industry. The increasing uses of NBR as resilient rubber goods in the oil & gas exploration activities are estimated to influence the nitrile butadiene rubber market in the upcoming years.

NBR widely used in various oil made rubber products, a variety of oil washers, gaskets, sleeves, flexible, soft hose, roller printing, cable plastic material, or the like, in the automotive, aerospace become essential, petroleum, and other industries. The rise in demand for nitrile butadiene rubber in military vehicles and heavy-duty vehicles and in coated tire cord fabrics for providing controlled deformation, high strength, high affinity, and abrasion resistance would robust the growth of the nitrile butadiene rubber market.

The SPER market research report of the Nitrile Butadiene Rubber market includes all integrated approaches to the growth of the market, along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the nitrile butadiene rubber market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scales.

REPORT HIGHLIGHTS
  • Overview of key market forces restraining and propelling market growth.
  • Provide demand, current & past status & also the forecasting up to 2027.
  • Provide complete overview including, application, end-user industry & forecast region.
  • Provide focused analysis of key service providers with their market share & also help to identify market competition landscape with SWOT analysis.
  • Historical, current, and projected market size in terms of value.
  • Analyse the global & regional potential market, advantages, risk & opportunity.
  • Identify significant factors and trends driving or inhibiting the market growth.
  • In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.
THE REPORT COVERS ANALYSIS OF NITRILE BUTADIENE RUBBER (NBR) MARKET, BY APPLICATION 
  • O-Rings & Seals
  • Hoses
  • Belts & Cables
  • Molded & Extruded Products
  • Adhesives & Sealants
  • Gloves
  • Others
THE REPORT COVERS ANALYSIS OF NITRILE BUTADIENE RUBBER (NBR) MARKET, BY END-USER INDUSTRY
  • Automotive & Transportation
  • Oil & Gas
  • Mining & Metallurgy
  • Construction
  • Medical
  • Others
THE REPORT COVERS EXHAUSTIVE ANALYSIS ON
  • Market Segments
  • Market Dynamics
  • Brands in Market
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Forecasting
  • Technology
THE REPORT INCLUDES REGIONAL ANALYSIS ON
  • North America (Canada, US, Mexico, & Rest of North America Available)
  • Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
  • Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
  • Central & South America (Brazil, Argentina & Rest of South America Available)  
  • Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)
KEY PLAYERS OF NITRILE BUTADIENE RUBBER (NBR) MARKET
  • LANXESS 
  • Sinopec
  • Kumho Petrochemical 
  • TSRC Corporation
  • JSR Corporation 
  • LG Chem 
  • Versalis S.p.A
  • ZEON Corporation 
  • SIBUR Holding 
  • OMNOVA Solutions Inc. 
  • Other Prominent Players
About SPER Market Research:

SPER Market Research is one of the world’s most trusted market research, market intelligence, and consulting companies offering strategic research, custom research, market intelligence solutions, quantitative data collection, qualitative fieldwork, online research panel and consumer research. Headquartered in Noida city, the company has offices worldwide, and provides strategic & consulting services.

SPER Market Research is amongst the top market research company and we have served over 20 industries, with core offerings in Pharmaceutical/Healthcare, Business to Business research (B2B), Nutraceuticals, Food & Beverages, Cosmetic, Dermatology, Dental, Herbal, Chemical, Consumer, Information Technology and other industries.

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