Press release
Nitrile Butadiene Rubber Market is Expected to Reach by 2031 - Zeon Corporation, JSR Corporation, LANXESS AG, ARLANXEO, Kumho Petrochemical
Nitrile Butadiene Rubber Market || 2024-2031
Nitrile Butadiene Rubber , also known as nitrile rubber, is a synthetic rubber copolymer made from acrylonitrile and butadiene. It is highly resistant to oil, fuel, chemicals, and heat, making it ideal for use in a wide range of industrial applications, including seals, hoses, gaskets, and gloves. Due to its durability and resistance to wear and aging, NBR is commonly used in the automotive, aerospace, and oil & gas industries.
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Market Dynamics:
Rapid industrialization in developing regions is a key factor driving the growing demand for nitrile butadiene rubber (NBR). With its wide range of applications across industries, the need for NBR is anticipated to rise in tandem with industrial expansion. Nitrile rubber products, such as hoses, transmission belts, cables, and industrial gloves, are extensively used in various sectors. Additionally, the high growth rate in the automotive and oil & gas industries, particularly in the Asia-Pacific region, is expected to further fuel the demand for NBR.
Segment Covered in the Nitrile Butadiene Rubber Market:
By Type: Hydrogenated Nitrile Butadiene Rubber, Carboxylated Nitrile Butadiene Rubber
By Application: O rings & Seals, Hoses, Belts & Cables, Adhesives & Sealants, Plastic foam, Industrial & Medical Gloves, Others
By End-Use Industry: Automotive, Oil & Gas, Industrial, Medical, Construction, Metallurgy & Mining, Others
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Major Key players involved in Nitrile Butadiene Rubber Market:
• Lanxess AG
• Sinopec
• Kumho Petrochemical Co.
• TSRC Corporation
• JSR Corporation
• LG Chem
• Versalis S.P.A.
• Zeon Corporation
• Sibur Holding
• Omnova Solutions Inc.
• Synthos S.A.
• Apcotex Industries Limited
Regional Analysis:
The global Nitrile Butadiene Rubber Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The Nitrile Butadiene Rubber Marketreport focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Transradial Access Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Related Reports:
Styrene Butadiene Rubber Market: https://www.datamintelligence.com/research-report/styrene-butadiene-rubber-market
Specialty Nitrile Butadiene Rubber Market: https://www.datamintelligence.com/research-report/specialty-nitrile-butadiene-rubber-market
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