Press release
Nitrile Butadiene Rubber (NBR) Market Forecast 2018: Global Market By Key Leading Players Like Kossan Rubber Industries Bhd, Lanxess, Omnova Solutions Inc, Zeon Chemicals L.P, Synthos, Adventa Bhd, Kumho Petrochemical
"Nitrile Butadiene Rubber (NBR)"
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Global Analysis of Nitrile Butadiene Rubber (NBR) Market:
The Global Nitrile Butadiene Rubber (NBR) Market is expected to reach USD 321.27 million by 2025, from USD 254.6 billion in 2017 growing at a CAGR of 8.5% during the forecast period of 2018 to 2025.The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Competitors/Players:
• AirBoss Rubber Compounding
• Atlantic Gasket Corporation
• Kossan Rubber Industries Bhd
• Lanxess
• Omnova Solutions Inc
• Zeon Chemicals L.P
• Synthos
• Adventa Bhd
• Kumho Petrochemical
• JSR Corporation
• Sibur Holding
• Versalis S.p.A.
• Others.
Global Definition Nitrile Butadiene Rubber (NBR) Market:
Nitrile rubber also known as nitrile-butadiene rubber which is oil resistant synthetic rubber produced from polymerization of acrylonitrile and butadiene. During polymerization of nitrile-butadiene rubber fillers are used like carbon black. Plasticizers are used specially for the products used in oil and gas industry. So on the requirement basis different adducts are used during manufacturing. Nitrile rubber is mostly used where high oil resistance. The main advantage of nitrile butadiene rubber is that it is highly resistant to petroleum oils, mineral oils, vegetable oils, abrasion, many acids and water. Buna N and Perbunan Nitrile are two different type of as nitrile-butadiene rubber which are preferred for oil resistance. In 2015, Sinopec successfully completed the acquisition of Sibur. Through this acquisition Sibur became the top most company in rubber production in Russia. As NBR have very broad application like in automobile sector, gaskets, seals, diaphragms, gasoline hoses, liners and tubing manufacturing.
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Major Market Drivers and Restraints:
• Increasing Demand for NBR Gloves
• Increasing Demand from Automotive Industry
• Availability of Substitute Materials
• Restrictions on Use of Phthalates in NBR Formulations and Other Environmental Regulations on Rubber Manufacturing
• Increase in growth in automobile industry
Global Segmentation of Nitrile Butadiene Rubber (NBR) Market:
The global nitrile butadiene rubber (NBR) market is based on type of product, application, end users and geography.
Based on type of product, global nitrile butadiene rubber (NBR), market is classified into:
• Hoses
• Belts
• Cables
• Molded & Extruded Products
• Seals & O-Rings
• Rubber Compounds
• Adhesives & Sealants
• Gloves
• Foamed Products
• Others
Based on application, the global nitrile butadiene rubber (NBR) market segment is further segmented into:
• O-Rings & Seals
• Hoses
• Belts & Cables
• Molded & Extruded Products
• Adhesives & Sealants
• Gloves
• Others
On the basis of end users, the global nitrile butadiene rubber market is classified into:
• Automotive & Transportation
• Industrial
• Oil & Gas
• Mining & Metallurgy
• Construction
• Medical
• Others
Based on geography, the global sodium silicate market report covers data points for 28 countries across multiple geographies namely
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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Global Competitive Analysis of Nitrile Butadiene Rubber (NBR) Market:
The global nitrile butadiene rubber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nitrile butadiene rubber market for global, Europe, North America, Asia Pacific and South America.
Research Methodology of Global Nitrile Butadiene Rubber (NBR) Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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