In 2016, the global Nitrile Butadiene Rubber Pulp market was valued at USD 349.1 Million. The market is expected to grow at 5.8% over the forecast period. NBR is expected to be driven by the increasing scale of automotive manufacturing and increased use of modified plastics. NBR is widely used in the automotive industry due to its outstanding properties such as resistance to chemicals and oil, strength in extreme temperatures and impact resistance. NBR is used in automotive components such as cables, hoses, belting, O rings and seals, and other extruded and molded products.
The rubber powder of nitrile butadiene is widely used in adhesives, sealants, and PVC modifiers to create modified plastics that are highly impact- and wear resistant. NBR powder is used in gasket manufacturing. There is also an opportunity for the aftermarket because of the demand for the product in automotive service. In the coming years, NBR will see an increase in sales from automobiles.
PVC is a versatile polymer that can be used to make a variety of products such as pipes, fittings, construction profiles, flexible sheets, films and coated fabrics. Growth of the PVC resins market is anticipated to boost the demand for performance-enhancing materials including nitrile rubber powder.
NBR powder, which has a nearly 33.0% acrylonitrile level, is also highly suitable for PVC modification. Zeon Chemicals LP sells NBR powder under Nipol brand for PVC modification. Arlanxeo Performance Elastomers is a major business division of Lanxess. It manufactures Baymod NXL Nitrile Rubber Powder exclusively for PVC Modification applications.
NBR is used in many industries for the manufacture of many products. However, market growth will be slowed by the availability of NBR grades that are acrylonitrile-based. Other NBR grades include medium acrylonitrile and low acrylonitrile as well as heat resistant, specialty and liquid acrylonitrile.
The NBR product market is expected to grow due to the growing automobile industry in emerging countries like China, India, Mexico, and increasing personal hygiene and safety. Because of its heat and oil resistance, the product is used primarily in industrial hoses, belting and cables. Automotive was the largest end-use industry for NBR, where rubber was used in manufacturing applications such as sealing, piping and other molded parts.
The market can be divided into two types based on product: linear and cross-linked. In 2016, cross-linked NBR accounted for 82.0% global market share. Due to its growing use in the PVC modification and consumer goods sectors, this product segment will likely see the highest CAGR over the forecast period.
Cross-linked NBR powder is an NBR polymer that has a highly branched chain structure. This product can be polymerized at temperatures higher than 40°C. This product is also known as cross-linked hot-nitrile butadiene, which is made by adding di-functional monomers.
The product's branched structure provides excellent adhesion, tacking, increased dimensional stability for extruded or calendered products, as well as good impact resistance. Cross-linked nitrilebutadiene rubber products have superior performance and can be used in extrusions, compression molding, sponge formation, extrusions and vulcanization.
Asia Pacific was the region with the highest volume share in the 2016 linear nitrile-butadiene rubber market. It is expected that the rapid industrialization of key end-users like plastic processing, automobile, and construction will drive the demand for linear nitrilebutadiene rubber products market over the forecast period. This is likely to be reflected in the major Asia Pacific countries, including China, India, as well as countries in Southeast Asia.
PVC modification, automobile, buildings, footwear and other consumer goods are the segments of the global market for nitrile-butadiene rubber (NBR). The product is used extensively in the construction industry to make sealants.
The manufacture of adhesives for wall panels and plywood sub-flooring is done using nitrile butadiene rubber. This product is used to manufacture elastomeric seals for fluid pipes or ducts within buildings. Omnova Solutions, Inc. produces Chemigum P35 for various markets, including construction and automotive.
North America is expected to have a significant NBR powder demand during the forecast period. In the coming years, the revival of the U.S. building industry will likely be a support factor for the nitrile-butadiene rubber powder consumption.
Further, automotive manufacturers are shifting their bases from the U.S. and Europe to emerging economies like China and India. This is due to the low cost skilled labor and low land rates in the region. This has led to a shift in automotive manufacturing activities to the east. These countries' governments have created lucrative markets for automobile manufacturers through initiatives like the "Make in India" initiative of the Government of India.
Asia Pacific will experience the fastest market growth in 2016 in terms both volume and revenue. The demand for building materials will grow in the coming years due to the robust growth of the residential and commercial construction industries in Southeast Asian countries like Singapore and Malaysia. This is expected to fuel the market growth for nitrile-butadiene rubber powder until 2025.
The growth drivers of nitrile-butadiene rubber powder are expected to be significant PVC plastics consumption and strong industrialization in the automotive and construction industries of China, India and Southeast Asia.
The forecast period will see an increase in the demand for building materials due to India's infrastructure development. Due to its widespread use in PVC pipes, seals and adhesives, this is expected to positively affect the consumption of Nitrile Butadiene Rubber Powder.
Cross-linked nitrile-butadiene rubber powder will be the fastest-growing product category in Europe over the forecast period. Crosslinked nitrilebutadiene rubber powder's highly branched structure makes it suitable to be used as a resin modifier. The forecast period will see significant product consumption in footwear, automotive, and consumer goods. Sibur Holding and Lanxess are two of the major players in Europe's NBR powder market.
Market fragmentation will likely occur as a result of increasing market entry by new companies throughout the value chain. Technological breakthroughs, distribution expertise, research expertise, and new applications are key factors that could allow for new players to enter this market.
Manufacturers are increasing their investment in research and development of nitrile-butadiene rubber powders to strengthen their market positions. Cross-linked nitrilebutadiene rubber rubber powder formulations are being increasingly adopted over linear nitrilebutadiene. This will provide market players with another opportunity to grow their product lines and ultimately their businesses.
Zeon Chemicals, L.P., Omnova Solutions, Inc., Sibur Holding, Taprath Elastomers LLP, Shijiazhuang Wuyuan Commercial and Trade Co. Ltd., Huangshan Hualan Technology Co. Ltd., Nitriflex S.A. Industria e Comercio, and LG Chem are some of the major players in the industry. Ltd.
Attribute |
More Details |
Base year for estimation |
2016 |
Actual estimates/Historical data |
2014 - 2015. |
Forecast period |
2017 - 2025 |
Representation of the market |
Volume in Tons, Revenues in USD Millions & CAGR between 2017 and 2025 |
Regional scope |
North America, Europe and Asia Pacific, Rest of the World (RoW). |
Report coverage |
Forecast revenue, company share, competitive landscape and growth factors and trends |
15% off customization scope (equivalent of 5 analyst working days). |
We will customize the report to provide you with any additional information that you require. |
This report provides a forecast of revenue growth at both the global and regional level and analyzes the most recent industry trends in each sub-segment from 2014 through 2025. Grand View Research has divided the global Nitrile Butadiene Rubber powder market report by product, region, and application.
Product Outlook (Volume and Tons; Revenue USD Millions, 2014-2025)
Linear NBR
NBR Cross-Linked
Application Outlook (Volume and Tons; Revenue USD Million, 2014-2025)
PVC Modification
Automotive
Construction
Footwear
Consumer Goods
Other
Regional Outlook (Volume and Tons; Revenue USD Million, 2014-2025)
North America
Europe
Asia Pacific
Rest of the World (RoW).
Up Market Research published a new report titled “Nitrile Butadiene Rubber (NBR) Powder Market research report which is segmented by Application (PVC Modification, Construction, Automotive), by Product (Crosslinked, Linear), By Players/Companies Linear NBR, Product Outlook (Volume Tons; Revenue USD Million 2014 - 2025)Linear NBRCross-Linked NBR, Cross-Linked NBR”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Nitrile Butadiene Rubber (NBR) Powder Market Research Report |
By Application | PVC Modification, Construction, Automotive |
By Product | Crosslinked, Linear |
By Companies | Linear NBR, Product Outlook (Volume Tons; Revenue USD Million 2014 - 2025)Linear NBRCross-Linked NBR, Cross-Linked NBR |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 214 |
Number of Tables & Figures | 150 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Application (PVC Modification, Construction, Automotive), by Product (Crosslinked, Linear).
Nitrile Butadiene Rubber (NBR) Powder Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Nitrile Butadiene Rubber (NBR) Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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