Nitrile butadiene rubber Market Research Report- Forecast to 2027

Nitrile butadiene rubber market research report: by product type (Hoses, Belts, Cables, Molded Seals & O-rings, Gloves and Others), and by end-user industry (Automotive, Oil & Gas, Mining, Construction, Medical and Others) – Forecast till 2027

ID: MRFR/CnM/3899-HCR | February 2021 | Region: Global | 139 pages

Synopsis of Nitrile butadiene rubber Market:


Asia Pacific holds a major share of the market and is expected to be the fastest growing region with an encouraging CAGR.

Nitrate butadiene rubber is a class of synthetic rubber which is a copolymer of butadiene and acrylonitrile. Nitrate butadiene rubber has excellent qualities such as resistance to oil, fuel, and other chemicals which paves their way into many end user industry such as automotive, oil and gas, mining, construction and medicine among others. In the automotive and aeronautical industry, nitrate butadiene rubber finds its application in making, oil and fuel handling hoses, grommets, seats, and self-sealing fuel tanks. The ability to withstand high temperature makes it ideal for use in nuclear and aeronautical applications. Nitrate butadiene rubber is also used in the manufacture of footwear, adhesives, sealants, floor mates, sponges and others. Moreover, nitrate butadiene rubber is also used in the production of protective gloves, owing to superior strength and high resistance to oils and acids. However, volatile raw material prices can be seen as a major down side to the growth of the nitrate butadiene rubber market.


Among the various product segments in nitrile butadiene rubber market, the oil and gas application is the leading segment of the market and is anticipated to continue its dominance over the forecast period. The growing consumption of the product in sealing, tubing, molding compounds due to high resistance of nitrate butadiene rubber to solvents, oils, and other fuels is a major factor driving the growth of this segment.


The Global Nitrile butadiene rubber Market Share, by Application


 Nitrile butadiene rubber Market


Source: MRFR analysis


Regional Analysis:


The nitrile butadiene rubber market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Growing population and the increasing per capita disposable income in the developing nations are primarily driving the growth of the nitrile butadiene rubber market. Moreover, the burgeoning construction and the automobile industry in countries such as India and China, is increasing the demand for nitrile butadiene rubber which, in turn, is propelling the market growth. According to the Indian Brand Equity Foundation, the Indian infrastructure witnessed 33 deals in 2016-2017 involving USD 3.49 billion with an increase of 0.5 billion from the previous year.


 In addition to this, the demand from the oil and gas industry mainly in China, India is another factor positively affecting the market growth. The growing population has augmented the demand for energy in the region which has resulted in a surge in oil and gas activities, thereby increasing the demand for nitrile butadiene rubber in the region.


North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence of three big automobile companies namely General Motors, Ford, and Fiat Chrysler has augmented the overall demand for nitrile butadiene rubber from the automobile industry. Furthermore, the newly elected government has brought about a new wave of investments for the construction and renovation of infrastructure mainly in the U.S. and Canada which is further expected to boost the market growth. Moreover, the high adoption rate coupled with developed end-use industries such as pharmaceutical and aerospace among others are expected to substantially add to the growth of the market.


The European region is a lucrative market and is mainly driven by a well-developed automobile and aerospace industry. Moreover, the growing stringent EU regulations regarding the industrial hazards has fuelled the use of nitrile butadiene market in the production of protective gloves. In addition to this the growing use in the construction industry are other factors adding to the market growth.


Key Players:



  • Lanxess AG (Germany)

  • Kumho Petrochemical Co.(South Korea)

  • PetroChina (China), Synthos S.A.(Poland)

  • Zeon Chemicals (U.S.)

  • Sibur Holdings (Russia)

  • Versalis (Italy)

  • JSR Corporation (Japan)

  • Omnova Solutions (U.S.)

  • ARLANXEO (Germany)


 


Segmental Analysis:


The global nitrile butadiene rubber market is segmented into product type, and end-user. On the basis of the product type, the market is segregated into hoses, belts, cables, molded seals & o-rings, gloves and others. The market by end user industry is further categorized into automotive, oil & gas, mining, construction, medical and others.


Geographical Analysis:


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience:



  • Nitrile butadiene rubber  market manufacturers

  • Traders and Distributors of nitrile butadiene rubber market

  • Production process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Product Type, End-Use Industry and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Lanxess AG (Germany), Kumho Petrochemical Co.(South Korea), PetroChina (China), Synthos S.A.(Poland), Zeon Chemicals (U.S.), Sibur Holdings (Russia), Versalis (Italy), JSR Corporation (Japan), Omnova Solutions (U.S.), ARLANXEO (Germany)
  Key Market Opportunities   The growing consumption of the product in sealing, tubing, molding compounds due to high resistance of nitrate butadiene rubber to solvents
  Key Market Drivers   Growing demand from the oil and gas industry


Frequently Asked Questions (FAQ) :


Nitrile butadiene rubber is a class of synthetic rubber made of butadiene and acrylonitrile.

Leading end uses of nitrile butadiene rubber include oil and gas, automotive, construction, medical, and others.

Growing demand from the oil and gas industry is the major driver for the nitrile butadiene rubber market.

Asia Pacific holds the largest share in the nitrile butadiene rubber market due to the growing automotive industry in the region.

Leading players in the market include Lanxess, Kumho, and Zeon Chemicals, among others.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Nitrile butadiene rubber Market

5 Industry Overview of Global Nitrile butadiene rubber Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Nitrile butadiene rubber Market, by Product Type

7.1 Introduction

7.2 Hoses

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Belts

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Cables

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Molded Seals & O-rings

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Gloves

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

7.7 Others

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Nitrile butadiene rubber Market by End-user Industry

8.1 Introduction

8.2 Automotive

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Oil & Gas

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Mining

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Construction

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Medical

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

8.7 Others

8.7.1 Market Estimates & Forecast, 2020-2027

8.7.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Nitrile butadiene rubber Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.4.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.2.5 Mexico

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.5.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.2.6.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.4.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3.5 France

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.7.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.8.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.3.9 Rest of Europe

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Product Type, 2020-2027

9.3.9.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.4.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.8.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Product Type, 2020-2027

9.4.9.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.5 The Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.4.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.6.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.5.8 Rest of the Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Product Type, 2020-2027

9.5.8.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2020-2027

9.6.4.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.4.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.5.3 Market Estimates & Forecast by End-user Industry, 2020-2027

9.6.6 Rest of Latin America

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Product Type, 2020-2027

9.6.6.3 Market Estimates & Forecast by End-user Industry, 2020-2027

10. Company Landscape

11. Company Profiles

11.1 Lanxess AG

11.1.1 Company Overview

11.1.2 Product Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Kumho Petrochemical Co

11.2.1 Company Overview

11.2.2 Product Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 PetroChina

11.3.1 Company Overview

11.3.2 Product Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Synthos S.A

11.4.1 Company Overview

11.4.2 Product Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Sibur Holdings

11.5.1 Company Overview

11.5.2 Product Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Versalis.

11.6.1 Company Overview

11.6.2 Product Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 JSR Corporation

11.7.1 Company Overview

11.7.2 Product Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Omnova Solutions

11.8.1 Company Overview

11.8.2 Product Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 ARLANXEO

11.9.1 Company Overview

11.9.2 Product Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

12 Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2030)

Table 2 Global Nitrile butadiene rubber Market: By Region, 2020-2027

Table 3 North America Nitrile butadiene rubber Market: By Country, 2020-2027

Table 4 Europe Nitrile butadiene rubber Market: By Country, 2020-2027

Table 5 Asia Pacific Nitrile butadiene rubber Market: By Country, 2020-2027

Table 6 The Middle East & Africa Nitrile butadiene rubber Market: By Country, 2020-2027

Table 7 Latin America Nitrile butadiene rubber Market: By Country, 2020-2027

Table 8 Global Nitrile butadiene rubber by Product Type Market: By Regions, 2020-2027

Table 9 North America Nitrile butadiene rubber by Product Type Market: By Country, 2020-2027

Table10 Europe Nitrile butadiene rubber by Product Type Market: By Country, 2020-2027

Table11 Asia Pacific Nitrile butadiene rubber by Product Type Market: By Country, 2020-2027

Table12 The Middle East & Africa Nitrile butadiene rubber by Product Type Market: By Country, 2020-2027

Table13 Latin America Nitrile butadiene rubber by Product Type Market: By Country, 2020-2027

Table14 Global Nitrile butadiene rubber by End-user Industry Market: By Regions, 2020-2027

Table15 North America Nitrile butadiene rubber by End-user Industry Market: By Country, 2020-2027

Table16 Europe Nitrile butadiene rubber by End-user Industry Market: By Country, 2020-2027

Table17 Asia Pacific Nitrile butadiene rubber by End-user Industry Market: By Country, 2020-2027

Table18 The Middle East & Africa Nitrile butadiene rubber by End-user Industry Market: By Country, 2020-2027

Table19 Latin America Nitrile butadiene rubber by End-user Industry Market: By Country, 2020-2027

Table20 Global Nitrile butadiene rubber by End-user Industry Market: By Regions, 2020-2027

Table21 Global Product Type Market: By Region, 2020-2027

Table22 Global End-user Industry Market: By Region, 2020-2027

Table23 Global End-use Market: By Region, 2020-2027

Table24 North America Nitrile butadiene rubber Market, By Country

Table25 North America Nitrile butadiene rubber Market, By Product Type

Table26 North America Nitrile butadiene rubber Market, By End-user Industry

Table27 North America Nitrile butadiene rubber Market, By End-use

Table28 Europe: Nitrile butadiene rubber Market, By Country

Table29 Europe: Nitrile butadiene rubber Market, By Product Type

Table30 Europe: Nitrile butadiene rubber Market, By End-user Industry

Table31 Europe: Nitrile butadiene rubber Market, By End-use

Table32 Asia Pacific: Nitrile butadiene rubber Market, By Country

Table33 Asia Pacific: Nitrile butadiene rubber Market, By Product Type

Table34 Asia Pacific: Nitrile butadiene rubber Market, By End-user Industry

Table35 Asia Pacific: Nitrile butadiene rubber Market, By End-use

Table36 The Middle East & Africa: Nitrile butadiene rubber Market, By Country

Table37 The Middle East & Africa Nitrile butadiene rubber Market, By Product Type

Table38 The Middle East & Africa Nitrile butadiene rubber Market, By End-user Industry

Table39 The Middle East & Africa: Nitrile butadiene rubber Market, By End-use

Table41 Latin America: Nitrile butadiene rubber Market, By Country

Table42 Latin America Nitrile butadiene rubber Market, By Product Type

Table43 Latin America Nitrile butadiene rubber Market, By End-user Industry

Table44 Latin America: Nitrile butadiene rubber Market, By End-use

LIST OF FIGURES

FIGURE 1 Global Nitrile butadiene rubber market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Nitrile butadiene rubber Market

FIGURE 4 Value Chain of Global Nitrile butadiene rubber Market

FIGURE 5 Share of Global Nitrile butadiene rubber Market in 2020, by country (in %)

FIGURE 6 Global Nitrile butadiene rubber Market, 2020-2027,

FIGURE 7 Sub segments of Product Type

FIGURE 8 Global Nitrile butadiene rubber Market size by Product Type, 2020

FIGURE 9 Share of Global Nitrile butadiene rubber Market by Product Type, 2020-2027

FIGURE 10 Global Nitrile butadiene rubber Market size by End-user Industry, 2020

FIGURE 11 Share of Global Nitrile butadiene rubber Market by End-user Industry, 2020-2027