Nitrile Butadiene Rubber (NBR) Market | Trends, Industry Growth, Size & Forecast

NEW YORK - June 19, 2023 - PRLog -- According to ChemAnalyst report, "Global Nitrile Butadiene Rubber (NBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032"          The rising demand from Automotive, Construction, and Medical Gloves end-use industries, is expected to elevate the demand for Nitrile Butadiene Rubber (NBR) in the forecast period.

NBR is synthetic rubber produced from a copolymer of acrylonitrile and butadiene. Owing to its properties including resistance to wear and tear, thermal resistance, high gas permeability and low temperature flexibility, NBR finds applications in numerous industries. NBR also shows resistance to petroleum products such as gasoline, diesel oil and other fuels over a wide temperature range.

NBR find application in hose, belting and cables, o-rings and seals, latex applications, molded and extruded products, adhesives and sealants. Moreover, compression machinery and hydraulic equipment also use gaskets made with NBR extensively to prevent gas and liquid leaks. Other uses of NBR include the use of NBR powder as impact modifier for Polyvinyl chloride (PVC) and Acrylonitrile Butadiene Styrene (ABS). Due to the numerous applications of NBR there are several end use industries for NBR which include automotive, construction, machinery, pharmaceuticals, oil and gas. The majority of the total Nitrile Butadiene Rubber (NBR) produced globally, is consumed by the automotive sector. Growing demand for hose, belting and cable, o-rings and seals from the automotive and construction sector is expected to drive the demand of NBR during the forecast period.

Read Full Report Here: https://www.chemanalyst.com/industry-report/nitrile-butadiene-rubber-market-614

The global Nitrile Butadiene Rubber (NBR) market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the global Nitrile Butadiene Rubber (NBR) market is segmented into different industrial sectors that include Automotive, Construction, Medical Gloves, and Others. The Automotive industry is dominating the Nitrile Butadiene Rubber (NBR) market.

Major players in the production of Global Nitrile Butadiene Rubber (NBR) are Arlanxeo, Kumho Petrochemical Co. Ltd., LG Chem Ltd., Kumho Petrochemical Co. Ltd., Krasnoyarsk Synthetic Rubbers Plant JSC, Blue Star NBR, LLC, Zeon Corporation, Ningbo Shunze Rubber Co., Ltd., Dynasol/Shanxi Northern Xing'an Chemicals, ARLANXEO-TSRC (Nantong) Chemical Industrial Co. Ltd., and Others.