Nitrile Rubber (NBR) is commonly considered the workhorse of the industrial and automotive rubber products industries. NBR is actually a complex family of unsaturated copolymers of acrylonitrile and butadiene. By selecting an elastomer with the appropriate acrylonitrile content in balance with other properties, the rubber compounder can use NBR in a wide variety of application areas requiring oil, fuel, and chemical resistance.
Analysis of Global acrylonitrile butadiene rubber market report:
Global acrylonitrile butadiene rubber market is set to witness a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand from various end-users and technological advancement in acrylonitrile butadiene rubber are the factor for the growth of this market.
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- Increasing unconventional gas and oil exploration activities is the factor driving market
- Growing automobile demand will also propel growth
- Rising demand from various end- user will also drive market growth
- Technological advancement and development will also propel market
- Volatility in the price of the raw material will drive market
- Increasing availability in the substitute is also restraining the market
Leading Key players profiled in this report are:
Few of the major competitors currently working in the global acrylonitrile butadiene rubber market are SIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, Varrmas Elassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group and others.
Global acrylonitrile butadiene rubber market Segmentation:
By Product Type
- Extra High AN Content (Above 45%)
- High AN Content (36-45%)
- Medium-high AN Content (31-35%)
- Medium-low AN Content (26-30%)
- Low AN Content (15-25%)
- Aviation Industry
- Automotive Industry
- Machinery Manufacturing
- Block Type
- Particles/ Crumb Type
- Powder Type
- North America
- South America
Global acrylonitrile butadiene rubber market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acrylonitrile butadiene rubber market for global, Europe, North America, Asia-Pacific and South America.
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The Global acrylonitrile butadiene rubber market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global acrylonitrile butadiene rubber market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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