Press release
Nitrile Butadiene Rubber Powder Market Size, Share, Development by 2023
Nitrile butadiene rubber powder is a family of powdered nitrile rubbers that are compatible with a number of different polymers and are used as plasticizers.
NBR powder industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world acrylonitrile industry. The main market players are Omnova Solutions, LANXESS, LG Chem. The production of NBR powder will increase to 66668 MT in 2016 from 54858 MT in 2011 with average growth rate of 3.97%. Global NBR powder capacity utilization rate remained at around 70.17% in 2015.
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Global Nitrile Butadiene Rubber Powder Market: Forecast by Type / Application / Region
In consumption market, the global consumption value of NBR powder increases with the 4% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 52% of the global consumption volume in total.
NBR powder has mainly several production technologies, As NBR powder is main raw material of some PVC chemicals, the downstream application industries will need more NBR powder. So, NBR powder has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance NBR powder through improving technology. NBR powder applications include automotives, PVC modifications, footwear, consumer goods and others including coatings and tubes. In addition, NBR powder is also used in modification of resins such as ABS and phenolic resins. NBR powder has excellent oil resistance, good abrasion resistance and aging resistance. Specialty forms of NBR continue to grow with increasing applications in different end-use industries.
Over the next five years, LPI(LP Information) projects that Nitrile Butadiene Rubber Powder will register a 1.0% CAGR in terms of revenue, reach US$ 290 million by 2023, from US$ 280 million in 2017.
Global Nitrile Butadiene Rubber Powder Market: Key Players
Omnova Solutions
LANXESS
LG
Nitriflex
TAPRATH
Zeon
Huangshan Hualan Technology
Nanjing Xinfeima Chemical
Jiangyin Zhengbang Chemicals
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Related Information:
United States Nitrile Butadiene Rubber Powder Market Research Report 2018
Europe Nitrile Butadiene Rubber Powder Market Research Report 2018
North America Nitrile Butadiene Rubber Powder Market Research Report 2018
Asia-Pacific Nitrile Butadiene Rubber Powder Market Research Report 2018
China Nitrile Butadiene Rubber Powder Market Research Report 2018
EMEA Nitrile Butadiene Rubber Powder Market Research Report 2018
Global Nitrile Butadiene Rubber Powder Market Research Report 2018
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