Nitrile Butadiene Rubber (NBR) Latex Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Type (Bimodal, Liquid, Carboxylated); By End User (Automotive & Transportation, Building & Construction, Industrial,

Nitrile Butadiene Rubber (NBR) Latex Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Type (Bimodal, Liquid, Carboxylated); By End User (Automotive & Transportation, Building & Construction, Industrial, Medical, Other End-user Industries); By Application (O-rings & Seals, Hoses, Belts & Cables, Molded & Extruded Products, Adhesives & Sealants, Gloves (Industrial, Medical), Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


Global Nitrile Butadiene Rubber (NBR) Latex Market Size Expanding to Touch USD 4.14 Billion by 2029
The global nitrile butadiene rubber (NBR) latex market is gaining traction because of the growing demand for NBR from the healthcare industry and its increasing use in the automotive industry.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global nitrile butadiene rubber (NBR) latex market size at USD 2.9 billion in 2022. During the forecast period between 2023 and 2029, the global nitrile butadiene rubber (NBR) latex market size is projected to grow at a CAGR of 6.12% reaching a value of USD 4.14 billion by 2029. The robust automotive industry and the expanding usage of NBR products including seals & O-rings, hoses, belts, molded products, cables, and others are major growth factors for the global nitrile butadiene rubber (NBR) latex market. The expansion of the automotive industry is forecast to continue in the coming years by the trend toward electric vehicles and the development of autonomous vehicles, which would consequently boost demand for NBR latex products.
Global Nitrile Butadiene Rubber (NBR) Latex Market – Overview
Nitrile rubber (NBR), commonly known as nitrile-butadiene rubber, is a synthetic rubber that resists oil and is made from a copolymer of butadiene and acrylonitrile. Its primary uses are in gasoline hoses, gaskets, rollers, and other items where oil resistance is necessary. Synthetic latex, for instance, is made using nitrile butadiene rubber (NBR), which is used to manufacture industrial and automotive rubber goods. NBR is a fantastic option for general-purpose applications because of its adaptability and dependability. Water, gasoline, propane, petroleum oils, and various hydraulic fluids are all moderately resistant to nitrile rubber. It also offers high resistance to compression set and abrasion.
Global Nitrile Butadiene Rubber (NBR) Latex Market – By End User
Based on end user, the global nitrile butadiene rubber (NBR) latex market is segmented into automotive & transportation, building & construction, industrial, medical, and other end-user industries. The automobile & transportation segment holds the highest share in the global nitrile butadiene rubber (NBR) latex market. NBR is used in the tread and sidewalls of tires, as it assures exceptional performance by offering improved abrasion and low rolling resistance. However, the medical industry is expected to register growth at a high CAGR as well owing to the rising demand for gloves.
Impact of COVID-19 on Global Nitrile Butadiene Rubber (NBR) Latex Market
During the COVID-19 pandemic, the global nitrile butadiene rubber (NBR) latex market saw a huge expansion. The makers of NBR latex gloves increased their production capabilities to match the demand as the need for gloves increased in healthcare institutions and among general customers to avoid viral cross-contamination, which greatly accelerated market growth. However, the market saw a downturn in other industries, such as the automotive, building, and construction sectors. The operations of these sectors were completely halted due to lockdown and labor shortage and for the prevention of virus spread. The market participants suffered large losses as a result of the pandemic.
Competitive Landscape
Major players operating in the global nitrile butadiene rubber (NBR) latex market include Synthomer, Omnova Solutions Inc., Kumho Petrochemical Co., Ltd., LG Chem Ltd., Zeon Chemicals L.P., Lanxess AG, Nantex Industry Co., Ltd., Emerald Performance Materials, LLC, Versalis S.p.A., JSR Corporation, Dow Chemical Company, Eastman Chemical Company, PetroChina Company Limited, Sibur International GmbH, and ARLANXEO Holding B.V.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Nitrile Butadiene Rubber (NBR) Latex Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Nitrile Butadiene Rubber (NBR) Latex Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Global Nitrile Butadiene Rubber (NBR) Latex Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growing Demand from Healthcare Industry
3.2.1.2. Increasing Use in Automotive Industry
3.2.2. Restraints
3.2.2.1. Volatility in Raw Material Prices such as butadiene and acrylonitrile
3.2.3. Opportunities
3.2.3.1. Increasing Use in the industrial sector for various applications
3.2.3.2. Challenges
3.2.3.3. Stringent Environmental Regulations for the production of NBR latex
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Global Nitrile Butadiene Rubber (NBR) Latex Market Overview
4.1. Market Size & Forecast, 2019–2029
4.1.1. By Value (USD Billion)
4.2. Market Share and Forecast
4.2.1. By Type
4.2.1.1. Bimodal
4.2.1.2. Liquid
4.2.1.3. Carboxylated
4.2.2. By End User
4.2.2.1. Automotive and Transportation
4.2.2.2. Building and Construction
4.2.2.3. Industrial
4.2.2.4. Medical
4.2.2.5. Other end-user industries
4.2.3. By Application
4.2.3.1. O-rings & Seals
4.2.3.2. Hoses, Belts & Cables
4.2.3.3. Molded & extruded products
4.2.3.4. Adhesives & Sealants
4.2.3.5. Gloves (Includes Industrial and Medical)
4.2.3.6. Others
4.2.4. By Region
4.2.4.1. North America
4.2.4.2. Europe
4.2.4.3. Asia Pacific (APAC)
4.2.4.4. Latin America (LATAM)
4.2.4.5. Middle East and Africa (MEA)
5. North America Nitrile Butadiene Rubber (NBR) Latex Market
5.1. Market Size & Forecast, 2019–2029
5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
5.2.1. By Type
5.2.2. By End User
5.2.3. By Application
5.2.4. By Country
5.2.4.1. United States
5.2.4.1.1. By Type
5.2.4.1.2. By End User
5.2.4.1.3. By Application
5.2.4.2. Canada
5.2.4.2.1. By Type
5.2.4.2.2. By End User
5.2.4.2.3. By Application
6. Europe Nitrile Butadiene Rubber (NBR) Latex Market
6.1. Market Size & Forecast, 2019–2029
6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By End User
6.2.3. By Application
6.2.4. By Country
6.2.4.1. Germany
6.2.4.1.1. By Type
6.2.4.1.2. By End User
6.2.4.1.3. By Application
6.2.4.2. United Kingdom
6.2.4.2.1. By Type
6.2.4.2.2. By End User
6.2.4.2.3. By Application
6.2.4.3. Italy
6.2.4.3.1. By Type
6.2.4.3.2. By End User
6.2.4.3.3. By Application
6.2.4.4. France
6.2.4.4.1. By Type
6.2.4.4.2. By End User
6.2.4.4.3. By Application
6.2.4.5. Spain
6.2.4.5.1. By Type
6.2.4.5.2. By End User
6.2.4.5.3. By Application
6.2.4.6. Belgium
6.2.4.6.1. By Type
6.2.4.6.2. By End User
6.2.4.6.3. By Application
6.2.4.7. Russia
6.2.4.7.1. By Type
6.2.4.7.2. By End User
6.2.4.7.3. By Application
6.2.4.8. The Netherlands
6.2.4.8.1. By Type
6.2.4.8.2. By End User
6.2.4.8.3. By Application
6.2.4.9. Rest of Europe
6.2.4.9.1. By Type
6.2.4.9.2. By End User
6.2.4.9.3. By Application
7. Asia-Pacific Nitrile Butadiene Rubber (NBR) Latex Market
7.1. Market Size & Forecast, 2019–2029
7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End User
7.2.3. By Application
7.2.4. By Country
7.2.4.1. China
7.2.4.1.1. By Type
7.2.4.1.2. By End User
7.2.4.1.3. By Application
7.2.4.2. India
7.2.4.2.1. By Type
7.2.4.2.2. By End User
7.2.4.2.3. By Application
7.2.4.3. Japan
7.2.4.3.1. By Type
7.2.4.3.2. By End User
7.2.4.3.3. By Application
7.2.4.4. South Korea
7.2.4.4.1. By Type
7.2.4.4.2. By End User
7.2.4.4.3. By Application
7.2.4.5. Australia & New Zealand
7.2.4.5.1. By Type
7.2.4.5.2. By End User
7.2.4.5.3. By Application
7.2.4.6. Indonesia
7.2.4.6.1. By Type
7.2.4.6.2. By End User
7.2.4.6.3. By Application
7.2.4.7. Malaysia
7.2.4.7.1. By Type
7.2.4.7.2. By End User
7.2.4.7.3. By Application
7.2.4.8. Singapore
7.2.4.8.1. By Type
7.2.4.8.2. By End User
7.2.4.8.3. By Application
7.2.4.9. Vietnam
7.2.4.9.1. By Type
7.2.4.9.2. By End User
7.2.4.9.3. By Application
7.2.4.10. Rest of APAC
7.2.4.10.1. By Type
7.2.4.10.2. By End User
7.2.4.10.3. By Application
8. Latin America Nitrile Butadiene Rubber (NBR) Latex Market
8.1. Market Size & Forecast, 2019–2029
8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End User
8.2.3. By Application
8.2.4. By Country
8.2.4.1. Brazil
8.2.4.1.1. By Type
8.2.4.1.2. By End User
8.2.4.1.3. By Application
8.2.4.2. Mexico
8.2.4.2.1. By Type
8.2.4.2.2. By End User
8.2.4.2.3. By Application
8.2.4.3. Argentina
8.2.4.3.1. By Type
8.2.4.3.2. By End User
8.2.4.3.3. By Application
8.2.4.4. Peru
8.2.4.4.1. By Type
8.2.4.4.2. By End User
8.2.4.4.3. By Application
8.2.4.5. Rest of LATAM
8.2.4.5.1. By Type
8.2.4.5.2. By End User
8.2.4.5.3. By Application
9. Middle East & Africa Nitrile Butadiene Rubber (NBR) Latex Market
9.1. Market Size & Forecast, 2019–2029
9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By End User
9.2.3. By Application
9.2.4. By Country
9.2.4.1. Saudi Arabia
9.2.4.1.1. By Type
9.2.4.1.2. By End User
9.2.4.1.3. By Application
9.2.4.2. UAE
9.2.4.2.1. By Type
9.2.4.2.2. By End User
9.2.4.2.3. By Application
9.2.4.3. Qatar
9.2.4.3.1. By Type
9.2.4.3.2. By End User
9.2.4.3.3. By Application
9.2.4.4. Kuwait
9.2.4.4.1. By Type
9.2.4.4.2. By End User
9.2.4.4.3. By Application
9.2.4.5. South Africa
9.2.4.5.1. By Type
9.2.4.5.2. By End User
9.2.4.5.3. By Application
9.2.4.6. Nigeria
9.2.4.6.1. By Type
9.2.4.6.2. By End User
9.2.4.6.3. By Application
9.2.4.7. Algeria
9.2.4.7.1. By Type
9.2.4.7.2. By End User
9.2.4.7.3. By Application
9.2.4.8. Rest of MEA
9.2.4.8.1. By Type
9.2.4.8.2. By End User
9.2.4.8.3. By Application
10. Competitive Landscape
10.1. List of Key Players and Their Offerings
10.2. Global Nitrile Butadiene Rubber (NBR) Latex Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Covid-19 on Global Nitrile Butadiene Rubber (NBR) Latex Market
12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
12.1. Synthomer
12.2. Omnova Solutions Inc.
12.3. Kumho Petrochemical Co., Ltd.
12.4. LG Chem Ltd.
12.5. Zeon Chemicals L.P.
12.6. Lanxess AG
12.7. Nantex Industry Co., Ltd.
12.8. Emerald Performance Materials, LLC
12.9. Versalis S.p.A.
12.10. JSR Corporation
12.11. Dow Chemical Company
12.12. Eastman Chemical Company
12.13. PetroChina Company Limited
12.14. Sibur International GmbH
12.15. ARLANXEO Holding B.V.
12.16. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
14.1.Qualitative Research
14.1.1.Primary & Secondary Research
14.2.Quantitative Research
14.3.Market Breakdown & Data Triangulation
14.3.1.Secondary Research
14.3.2.Primary Research
14.4.Breakdown of Primary Research Respondents, By Region
14.5.Assumptions & Limitations

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