123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Nitrile Butadiene Rubber Market Analysis -worldwide Opportunities, Revenue, Production, Demand And G

Profile Picture
By Author: Market Research Future
Total Articles: 147
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Overview:

Nitrile Butadiene Rubber (NBR) Market, as per Market Research Future’s (MRFR’s) report is expected to showcase robust performance in the coming years. The CAGR that it can attain during the forecast period (2017-2023) would be substantial to take it across the estimated valuation. Nitrile butadiene rubber is a copolymer of butadiene and acrylonitrile. Its features such as resistance to oil, fuel, and other chemical makes it the choicest preference for the automotive sector. Not just automotive, it garners pats from industries such as oil & gas, mining, construction, and medicine as well. It has widespread utility in nuclear and aeronautics sector owing to its ability to withstand high temperature. As an integral part in the manufacturing of oil and fuel handling hoses, grommets, seats, and self-sealing fuel tanks, it is ruling aeronautics and automotive. But its spectrum also includes daily products such as footwear, adhesives, sealants, floor mates, sponges, and others. Also, it gets a substantial order from the manufacturing industry as an important material for protective gloves. Its takers have increased ...
... as it provides first-class strength and resists oils & acids better than the most.

But the nitrile butadiene rubber market may see some distraction owing to the dwindling raw material prices. Its effect is bound to be on the end product and with reduced profit margin, manufacturers would have to change their strategy. However, its growing popularity among end-users can refrain the nitrile butadiene rubber market from having any long-time sluggishness.

Competitive Landscape:

Notable players of the nitrile butadiene rubber market are:

Kumho Petrochemical Co.
PetroChina
Lanxess AG
Zeon Chemicals
Synthos S.A.
Versalis
Sibur Holdings
Omnova Solutions
JSR Corporation
ARLANXEO
In December 2018, Synthomer increases their capacity for NBR production in their Malaysian unit, in Pasir Gudang, to support the strong demand generated by the glove industry.

Segmentation:

MRFR, in their recent assessment of the

Based on the product type, the nitrile butadiene rubber market can be segmented into hoses, belts, cables, molded seals & o-rings, gloves, and others. Hoses are getting significant traction from the automotive sector.

Based on the end-user industry, the nitrile butadiene rubber market can be segmented into oil & gas, automotive, medical, mining, construction, and others. The oil & gas segment is gaining significant mileage during the forecast period.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/nitrite-butadiene-rubber-market-5342


Regional Analysis:

MRFR regionally analyzes the global nitrile butadiene rubber market by including five key regions Asia Pacific (APAC), North America, Europe, Latin America, and the Middle East & Africa (MEA).

The APAC market has the maximum share and it is impacting the global market with innovation and implementation. The regional market is expected to garner exponential CAGR during the forecast period. Countries such as India and China with their huge population are going to show substantial scope for automotive and construction sector growth. The burgeoning oil & gas sector in both countries can provide extraordinary market traction.

Europe’s market is substantially strong and banking mostly on its use in the growing aerospace and robust automotive industry. Countries such as the U.K., France, Germany, and Russia are investing much for their defense which is giving aerospace industry much scope for expansion. Nuclear sector is also quite strong which can trigger market growth.

North America’s market relies mostly on decisions taken by the U.S. The country has a robust infrastructure for the nuclear sector and its automotive sector is getting revamped. At the same time, its defence expenditure is higher than most of the countries which are making it a perfect space for the nitrile butadiene rubber market’s expansion. Canada is amply backing up the growth with well-structured end-user industries.

Total Views: 257Word Count: 592See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Crude Heater Market Is Expected To Grow With A Cagr Of 4.5% From 2024 To 2030
Author: Lucintel LLC

2. How To Measure The Success Of Your Rpo Partnership
Author: VanatorRPO

3. Lucintel Forecasts The Global Cough Remedy Market To Reach $1 Billion By 2030
Author: Lucintel LLC

4. Are There Different Types Of Esd Tables Available?
Author: Jagadeesan

5. How To Extend The Lifespan Of Your Hydraulic Industrial Lift
Author: Jagadeesan

6. How Best Quality Skin Hydration Mask Work For Your Skin?
Author: Xtaz Mask

7. Mayank Domestic And International Movers | Call: @8792441400
Author: mayanksharma

8. Channel Partner Intelligence: The Power Of Collaborations To Unleash Growth
Author: Netscribes

9. How Customer Intelligence Helps Design Intelligent Business Practices
Author: Netscribes

10. The Importance And Evolution Of School Uniforms: A Comprehensive Guide
Author: abushaikh7261

11. Iso 17020 Certification Conformity Assessment - Comparison Of Iso 17020 And Iso 17025 Standards
Author: Sahin Alam

12. Dialyzer Market Size, Trends, Analysis, Demand, Outlook And Forecast By 2030
Author: pranju

13. How Can Ansoff Matrix Be Used For Developing Successful Business Strategies?
Author: Expandus Business Coaching

14. Deep Cleaning Service In Gurgaon
Author: Balaji Cleaning Agency

15. Lucintel Forecasts The Global Catheter Market To Reach $42 Billion By 2030
Author: Lucintel LLC

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: