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Nitrile Rubber (NBR) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_24288 | Date : Jan, 2023 | Pages : 182 | Region : Global

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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.

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, China\'s 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.

The Global Nitrile Rubber (NBR) Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Nitrile Rubber (NBR) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

LANXESS
Zeon
CNPC
Nantex
KKPC
LG
Ningbo Shunze
Sibur
JSR
Industrias Negromex
Versalis
Petrobras Argentina
Huangshan Hualan Technology
Nanjing Xinfeima Chemical
Jiangyin Zhengbang Chemicals

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Block type
Particles/Crumb type
Powder type
In Market segmentation by applications :

Automobiles Industry
Construction Industry
Machinery Industry
Aprons & Cots Industry
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Nitrile Rubber (NBR) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Nitrile Rubber (NBR) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Nitrile Rubber (NBR) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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