Global Nitrile Butadiene Rubber Market 2024-2028

Global Nitrile Butadiene Rubber Market 2024-2028

Global Nitrile Butadiene Rubber Market 2024-2028

The nitrile butadiene rubber market is forecasted to grow by USD 319.8 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the nitrile butadiene rubber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumption from automotive and aeronautical industries, rapid rate of industrialization, and growing demand from healthcare and manufacturing sectors.

Technavio's nitrile butadiene rubber market is segmented as below:

• By Application
• HB and C
• Seals and O-rings
• Industrial and medical gloves
• Molded and extruded products
• Others
• By Geographical Landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the rising demand for bio-based feedstock as one of the prime reasons driving the nitrile butadiene rubber market growth during the next few years. Also, growing demand for hydrogenated nitrile butadiene rubber and rising demand for nitrile butadiene rubber powder will lead to sizable demand in the market.

The report on the nitrile butadiene rubber market covers the following areas:

• Nitrile butadiene rubber market sizing
• Nitrile butadiene rubber market forecast
• Nitrile butadiene rubber market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nitrile butadiene rubber market vendors that include Abbott Rubber Co. Inc., airboss.com, Apcotex Industries Ltd., Atlantic Gasket Corp., China National Petroleum Corp., Eni SpA, EW Polymer Group LLC, Grupo Dynasol, Hanna Rubber Co., JSR Corp., Kumho Petrochemical Co. Ltd., Lanxess AG, LG Chem Ltd., NANTEX INDUSTRY Co. Ltd., Nitriflex, Rahco Rubber Inc., SIBUR Holding PJSC, Synthos SA, TSRC Corp., and Zeon Corp.. Also, the nitrile butadiene rubber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.