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Nitrile Butadiene Rubber (NBR), 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 butadiene rubber is used in the automotive and aeronautical industry to make fuel and oil handling hoses, seals, and grommets. In 2019, largest consumption of NBR came from Automotive & Transportation with more than 50% share.
For regions, China keeps the largest consumption region in the recent few years, whose consumption volume share is about 39% in 2019 globally. Europe is the follower, with the share about 18% in 2019.
The nitrile butadiene rubber industry leaders are LANXESS, Zeon and so on. China will become a major supplier of NBR internationally.
Market Analysis and Insights: Global Nitrile Butadiene Rubber (NBR) Market
The global Nitrile Butadiene Rubber (NBR) market was valued at US$ 1893 million in 2019 and it is expected to reach US$ 2351.3 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
Global Nitrile Butadiene Rubber (NBR) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nitrile Butadiene Rubber (NBR) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Block Type
Particles/Crumb Type
Powder Type
Segment by Application
Automotive & Transportation
Construction Industry
Machinery Industry
Aprons & Cots Industry
Others
By Company
Lanxess
CNPC
Ningbo Shunze
Nantex
Kumho Petrochemical
TSRC Corporation
JSR Corporation
LG Chem
Versalis S.P.A
Zeon Corporation
Sibur Holding
Apcotex
Production by Region
North America
Europe
China
Japan
China Taiwan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Nitrile butadiene rubber is used in the automotive and aeronautical industry to make fuel and oil handling hoses, seals, and grommets. In 2019, largest consumption of NBR came from Automotive & Transportation with more than 50% share.
For regions, China keeps the largest consumption region in the recent few years, whose consumption volume share is about 39% in 2019 globally. Europe is the follower, with the share about 18% in 2019.
The nitrile butadiene rubber industry leaders are LANXESS, Zeon and so on. China will become a major supplier of NBR internationally.
Market Analysis and Insights: Global Nitrile Butadiene Rubber (NBR) Market
The global Nitrile Butadiene Rubber (NBR) market was valued at US$ 1893 million in 2019 and it is expected to reach US$ 2351.3 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
Global Nitrile Butadiene Rubber (NBR) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nitrile Butadiene Rubber (NBR) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Block Type
Particles/Crumb Type
Powder Type
Segment by Application
Automotive & Transportation
Construction Industry
Machinery Industry
Aprons & Cots Industry
Others
By Company
Lanxess
CNPC
Ningbo Shunze
Nantex
Kumho Petrochemical
TSRC Corporation
JSR Corporation
LG Chem
Versalis S.P.A
Zeon Corporation
Sibur Holding
Apcotex
Production by Region
North America
Europe
China
Japan
China Taiwan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
