Press release
Nitrile Rubber (NBR) Market Competitive Research And Precise Outlook 2020 To 2030
Top Companies in the Global Nitrile Rubber (NBR) Market
Lanxess AG (ETR: LXS), Industrias Negromex, Zeons Corporation (OTCMKTS:ZEON), Nantex Industry Co Ltd (TPE:2108), Kumho Petro Chemical Co Ltd (KRX:011780), CNPC, Sibur, LG Chem Ltd (KRX:051910), JSR Corp (TYO:4185), Ningbo Shunze, Versalis, Nanjing Xinfeima Chemical, Huangshan Hualan Technology, Jiangyin Zhengbang Chemicals, Petrobras Argentina, among others.
According to this study, over the next five years the Nitrile Rubber (NBR) market will register a 7.6% CAGR in terms of revenue, the global market size will reach $ 3746.3 million by 2025, from $ 2797.6 million in 2019.
Market Overview
Nitrile rubber (NBR), also called nitrile-butadiene rubber, an oil-resistant synthetic rubber produced from a copolymer of acrylonitrile and butadiene. Its main applications are in fuel hoses, gaskets, rollers, and other products in which oil resistance is required.
Nitrile rubber is mostly used where high oil resistance is required, as in automotive seals, gaskets, or other items subject to contact with hot oils. The rolls for spreading ink in printing and hoses for oil products are other obvious uses. NBR is also employed in textiles, where its application to woven and nonwoven fabrics improves the finish and waterproofing properties.
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Market Insights
For regions, China keeps the largest consumption region in the recent few years, whose consumption volume share was 47% in 2016 globally. Europe is the follower, with the consumption volume of 132 K MT in 2016.
With gradual economy recovery, nitrile rubber downstream industries are resuming, give sufficient supports to the industry development. Global consumption volume of nitrile rubber increased from 633.7 K MT in 2012 to 706.4 K MT in 2016, with the CAGR of 2.75%.
The nitrile rubber industry leaders are LANXESS, Zeon and so on, have good reputations for their nitrile rubber products with advanced technologies. Compared with manufacturers Internally, Chinas NBR industry is still in the development stage. Although China is a net importer for the time being, with more and more new capacities to be released in the coming years, China will become a major supplier of NBR internationally.
Trending News
Lanxess AG (ETR: LXS)
LANXESS-TSRC to shut NBR unit for maintenance in August
SINGAPORE (ICIS)--LANXESS-TSRC (Nantong) Chemical Industrial is expected to shut down its 30,000 tonne/year acrylonitrile butadiene rubber (NBR) plant in August for maintenance, a company source said on Wednesday.
The plant will be shut down from 1-21 August, the source said. The plant, located at Nantong, eastern Jiangsu Province, China, is a joint venture between Taiwan's TSRC and the world's largest manufacturer of synthetic rubber and NBR - LANXESS AG - with each holding a 50% stake in the company.
LANXESS' synthetic rubbers business ARLANXEO, is a 50:50 joint venture with Saudi Arabian state oil and gas producer Saudi Aramco.
The Nitrile Rubber (NBR) market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Nitrile Rubber (NBR) Market on the basis of Types are
Block type, Particles/Crumb type, Powder type
On The basis Of Application, the Global Nitrile Rubber (NBR) Market is Segmented into
Automobiles Industry, Construction Industry, Machinery Industry, Aprons & Cots Industry, Others
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Regions Are covered By Nitrile Rubber (NBR) Market Report 2020 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Nitrile Rubber (NBR) Market
-Changing Nitrile Rubber (NBR) market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Nitrile Rubber (NBR) market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Nitrile Rubber (NBR) Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Nitrile Rubber (NBR) market:
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- Where are the greatest dangers?
The report has 150 tables and figures browse the report description and TOC
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All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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