Market Overview

Global Nitrile Butadiene Rubber (NBR) Market 2017-2018 & 2022

Share:

Global Nitrile Butadiene Rubber (NBR) Market 2017-2018 & 2022

PR Newswire

DUBLIN, May 31, 2018 /PRNewswire/ --

The "NBR Market by Application (O-Rings & Seals, Hoses, Belts & Cables, Molded & Extruded Products, Adhesives & Sealants, Gloves), End-use Industry (Automotive & Transportation, Industrial, Oil & Gas, Medical), and Region - Global Forecast 2022" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

The Nitrile Butadiene Rubber (NBR) market is projected to grow from USD 992.4 Million in 2017 to USD 1,393.0 Million by 2022, at a CAGR of 7.0% between 2017 and 2022.

The increase in the use of NBR in O-rings & seals and gloves applications and superior properties of NBR that include improved oil resistance and high heat stability are key factors projected to drive the growth of the NBR market. In addition, the increased demand for NBR from the automobile industry in the Asia Pacific region is another significant factor contributing to the growth of the NBR market.

Based on application, the NBR market has been segmented into O-rings & seals, hoses, belts & cables, molded & extruded products, adhesives & sealants, and gloves. The O-rings & seals segment is the largest application segment of the NBR market. O-rings and seals are used in various end-use industries, such as manufacturing, oil & gas, and automotive. The consumption of O-rings & seals in the automotive industry is directly related to vehicle manufacturing. NBR gloves are preferred over latex gloves, due to low chances of allergy and high puncture resistance.

Based on end-use industry, the NBR market has been segmented into automotive & transportation, industrial, oil & gas, mining & metallurgy, construction, and medical. Unique properties of NBR that include excellent resistance to heat, abrasion, and water have increased the applicability of NBR in various end-use industries. NBR is widely used in the production of sealing products for automotive & transportation, oil & gas, manufacturing, and mining industries.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities for NBR
4.2 NBR Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for NBR Gloves
5.2.1.2 Increasing Demand From Automotive Industry
5.2.2 Restraints
5.2.2.1 Restrictions on Use of Phthalates in NBR Formulations and Other Environmental Regulations on Rubber Manufacturing
5.2.2.2 Availability of Substitute Materials
5.2.3 Opportunities
5.2.3.1 Growing End-Use Industries in APAC
5.2.4 Challenges
5.2.4.1 Fluctuating Raw Material Prices
5.2.4.2 Natural Rubber Cultivation
5.3 Porter's Five Forces Analysis
5.3.1.1 Bargaining Power of Buyers
5.3.1.2 Bargaining Power of Suppliers
5.3.1.3 Threat of New Entrants
5.3.1.4 Threat of Substitutes
5.3.1.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 GDP Growth Rate Forecast of Major Economies, Globally
5.4.2 Automotive Industry Analysis
5.5 Rubber Industry Analysis

6 NBR Market, By Application
6.1 Introduction
6.2 O-Rings & Seals
6.3 Hoses, Belts & Cables
6.4 Molded & Extruded Products
6.5 Adhesives & Sealants
6.6 Gloves
6.7 Others

7 NBR Market, By End-Use Industry
7.1 Introduction
7.2 Automotive & Transportation
7.3 Industrial
7.4 Oil & Gas
7.5 Mining & Metallurgy
7.6 Construction
7.7 Medical
7.8 Others

8 NBR Market, By Region

9 Competitive Landscape
9.1 Overview
9.1 Market Ranking of Key Players
9.2 Competitive Scenario
9.2.1 New Product Developments
9.2.2 Expansions
9.2.3 Joint Ventures
9.2.4 Acquisitions
9.2.5 Partnerships

10 Company Profiles

  • Lanxess
  • Sinopec
  • Kumho Petrochemical
  • TSRC Corporation
  • JSR Corporation
  • LG Chem
  • Versalis S.P.A.
  • Zeon Corporation
  • Sibur Holding
  • Omnova Solutions Inc.
  • Synthos Sa
  • Apcotex Industries Limited

For more information about this report visit https://www.researchandmarkets.com/research/g53n2w/global_nitrile?w=5

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:


Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

 




Cision View original content:http://www.prnewswire.com/news-releases/global-nitrile-butadiene-rubber-nbr-market-2017-2018--2022-300656579.html

SOURCE Research and Markets

View Comments and Join the Discussion!