1 / 5

Nitrile Butadiene Rubber Market: Global Industry Analysis, Size, Share, Growth

Nitrile rubber, commonly known as nitrile-butadiene rubber (NBR), is a synthetic rubber that resists oil and is made from a copolymer of butadiene and acrylonitrile. Its primary uses are gasoline hoses, rollers, gaskets, and other items where oil resistance is necessary.<br><br>When great oil resistance is needed, such as gaskets, automobile seals, or other components that come into contact with hot oils, nitrile rubber is typically employed. Other apparent uses include hoses for rollers and oil products for spreading ink in printing. NBR is also used in the textile industry to enhance the waterproo

psmarketresearch2017
Download Presentation

Nitrile Butadiene Rubber Market: Global Industry Analysis, Size, Share, Growth

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Nitrile Butadiene Rubber Market: Size, Share, Growth, Development and Demand Forecast to 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  2. The nitrile butadiene rubber market has captured $2,170.8 million in revenue in 2021, and it is projected to advance at the rate of 4.6% from 2021 to 2030, to capture $3,258.9 million in revenue in 2030, as per a research report by a P&S Intelligence. This is accounted to the snowballing demand for this material from the medical, automotive, oil, and gas industries, which need oil resistance. APAC is the largest revenue contributor. The major reasons behind the growth of this market are the resistance to acids and oils and the higher strength and flexibility of nitrile butadiene rubber over natural rubber. Such advantages of this material make it more suitable in the aerospace and automobile sectors, which constantly growing in the region. A huge number of key manufacturers of auto components and automobiles operate in India, Japan, and China ultimately manufacturing auto components from this material. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/nitrile- butadiene-rubber-market/report-sample In 2021, China dominated the regional market as the largest stakeholder, because of the increasing need for this material from the automotive sector. The nation is also one the biggest manufacturer of both consumer and industrial goods globally. In 2021, the automotive industry had the largest share nitrile butadiene rubber market at approximately 38.8%. NBR has applications in automobile injection- molded and lathe-cut seals, cables, O-ring seals, and other components that require to handle extreme corrosion and temperatures. The O-rings aid in sticking the joints between two parts and avoids leakage within the car. With the growth in the acceptance of EVs, coupled with technological enhancements, the automotive industry is observing growth, which will eventually propel the industry. The Hoses category is projected to grow at the highest pace of around 5% in the coming years. Manufacturers can make innovative items such as nitrile buna-N rubber's properties can be changed by changing the quantity of acrylonitrile. If wanted it can be more elastic, more abrasion resistant, more heat resistant, and very tough to break. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=nitrile-butadiene-rubber-market The Sealed & O-rings will be the second-fastest growing category in the coming years. The rising workings of sealed & O-rings in car components, including 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  3. braking systems, engines, doors, batteries, and power steering systems. As the automotive sector is booming, the nitrile butadiene rubber market will also grow along with it. Molded & extruded category is estimated to grow at the third fastest rate, primarily because of NBR’s high temperature and chemical resistance. That is why this material is used to create molded rubber seals for high-pressure structures. Therefore, the snowballing demand for this material from the medical, automotive, oil, and gas industries, which need oil resistance will drive the nitrile butadiene rubber market in the future. The research offers market size of the Nitrile Butadiene Rubber market for the period 2017– 2030. Market Segmentation by Product Hoses Belts Cables Molded & Extruded Products Seals & O-rings Rubber Compounds Adhesives & Sealants Gloves Foamed Products Others Market Segmentation by End User Automotives Mechanical Engineering Oil & Gas Metallurgy & Mining Construction Medical Others Market Segmentation by Region North America Nitrile Butadiene Rubber Market • • • • • • • • • • • • • • • • • • oBy product oBy end user oBy country – U.S. and Canada 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  4. Europe Nitrile Butadiene Rubber Market • oBy product oBy end user oBy country – Germany, France, U.K., Spain, Italy, and Rest of Europe Asia-Pacific (APAC) Nitrile Butadiene Rubber Market • oBy product oBy end user oBy country – China, Japan, India, Australia, South Korea, and Rest of APAC Latin America (LATAM) Nitrile Butadiene Rubber Market • oBy product oBy end user oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Nitrile Butadiene Rubber Market • oBy product oBy end user oBy country – South Africa, Saudi Arabia and Rest of MEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

More Related