1 / 4

Global Nitrile Butadiene Rubber Market Size

Global Nitrile Butadiene Rubber Market Insights<br>Global Nitrile Butadiene Rubber Market size was valued at USD 2.07 billion in 2021 and is poised to grow from USD 2.97 billion in 2022 to USD 4.11 billion by 2030, at a CAGR of 4.14% during the forecast period (2023-2030).<br>The global nitrile butadiene rubber (NBR) market has witnessed substantial growth in recent years, with promising prospects across various segments and regions. In terms of segment shares, hoses and belts have emerged as dominant product types due to their wide-ranging applications in the automotive industry<br>

Ritanshu
Télécharger la présentation

Global Nitrile Butadiene Rubber Market Size

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. Global Nitrile Butadiene Rubber Market Size, Share, Growth Analysis, By Product Type, By End-use Industry- Industry Forecast 2023-2030 Global Nitrile Butadiene Rubber Market Insights Global Nitrile Butadiene Rubber Market size was valued at USD 2.07 billion in 2021 and is poised to grow from USD 2.97 billion in 2022 to USD 4.11 billion by 2030, at a CAGR of 4.14% during the forecast period (2023-2030). The global nitrile butadiene rubber (NBR) market has witnessed substantial growth in recent years, with promising prospects across various segments and regions. In terms of segment shares, hoses and belts have emerged as dominant product types due to their wide-ranging applications in the automotive industry.

  2. The healthcare sector represents a significant market share as well, driven by the growing adoption of NBR in medical gloves and disposable medical devices. From a regional perspective, North America and Europe hold prominent positions in the global market, propelled by the presence of established automotive and healthcare industries. Asia Pacific, with its flourishing automotive sector and rapid industrialization, has emerged as a key market for NBR. Global Nitrile Butadiene Rubber Market Segmental Analysis The global nitrile butadiene rubber market can be segmented based on product type, end-use industry, and region. Based on product type, the market can be segmented into hoses, belts, seals & gaskets, o-rings, adhesives & sealants. Based on end-use industry, the market can be segmented into automotive, oil & gas, construction, healthcare, industrial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Analysis By Product Type The largest market segment within the nitrile butadiene rubber (NBR) market is the hoses segment. NBR hoses find extensive applications in various industries, with a significant portion of their usage in the automotive sector. NBR hoses are essential components in automotive fuel lines, coolant systems, and hydraulic systems. They offer excellent resistance to oils, chemicals, and abrasion, ensuring the safe and efficient transportation of fluids in vehicles. The automotive industry's continuous growth, driven by factors like population growth, urbanization, and the demand for fuel- efficient vehicles, contributes to the dominance of the hoses segment in the NBR market. As automotive production and sales continue to rise, the demand for NBR hoses is expected to increase further.

  3. Get the best overview of Rubber Market https://www.skyquestt.com/report/nitrile-butadiene-rubber-market Top Player’s Company Profiles •Lanxess AG (Germany) •Kumho Petrochemical (South Korea) •Zeon Corporation (Japan) •JSR Corporation (Japan) •Versalis S.p.A. (Italy) •LG Chem (South Korea) •Nitriflex (Brazil) •Synthos S.A. (Poland) •ARLANXEO Holding B.V. (Netherlands) •PetroChina Company Limited (China) •Sibur Holding (Russia) •Kumho Mitsui Chemicals Inc. (Japan) •OMNOVA Solutions Inc. (US) •Emerald Performance Materials (US) •Sinopec (China) •Ineos Styrolution Group GmbH (Germany) •Goodyear Chemical (US) •Exxon Mobil Corporation (US) •LANXESS Elastômeros do Brasil S.A. (Brazil) •PTT Global Chemical Public Company Limited (Thailand) About Us: Sky Quest Technology is leading growth consulting firm providing market intelligence, commercialization, and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone:

  4. USA (+1) 617-230-0741 Email:sales@skyquestt.com Sky Quest

More Related