Nitrile Butadiene Rubber (NBR) Powder Market Size, Share & Industry Analysis, By Type (Linear, Cross-linked), By Applications (PVC Modification, Automotive, Buildings, Footwear, Consumer Goods, Others) and Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Nitrile butadiene rubber (NBR) is also called Buna-N and nitrile rubber and is formed by the copolymerization of butadiene and acrylonitrile (ACN). It exhibits excellent chemical and physical properties. It is resistance to oils, chemicals, fuel, puncture, abrasion, and fatigue. Additionally, the ability of NBR to survive in the wide temperature ranges from -40°C to +120°C makes it an ideal choice for aerospace and automobile applications. Furthermore, owing to its hardness and stiffness, it is used as an ideal material in the nuclear industry. NBR finds its applications in adhesives, PVC modification, friction materials, and gaskets.
The rising demand for cross-linked NBR powder in the PVC modification applications will surge the growth for nitrile butadiene rubber powder market. Cross-linked NBR powder is used to modify the resins including phenolic resins and acrylonitrile butadiene styrene (ABS). It offers impact resistance and flexibility in thermoplastic formulations. The linear NBR powder is utilized in several applications such as seals, gaskets, and hoses. Moreover, in the automobile application, the NBR powder is utilized in friction materials, interior moldings, weather strips, and auto interior skins. Whereas, the rising need for friction materials owing to the increasing demand for railway brake blocks, disc pads, clutch facings, and brake linings, will fuel the growth in the automotive application. Hence, the growing demand for these applications will propel the demand for NBR powder.
Key Market Driver -
Rising demand of croos-linked NBR powder in PVC modification and automotive applications to drive the market growth
Key Market Restraint -
Fluctuation in the prices to hinder the market growth
However, the fluctuation in the prices owing to the fluctuations in the availability of NBR powder is anticipated to restrain the growth of the market during the forecast period.
Market Segmentation:
Based on type, the nitrile butadiene rubber powder market is segmented into linear and cross-linked. Based on application, the market is segmented into PVC modification, automotive, buildings, footwear, consumer goods, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The key players in the nitrile butadiene rubber powder market includes Zeon Chemicals,L.P., Omnova Solutions, Inc., Sibur Holding, Taprath Polymers Pvt. Ltd, Huangshan Hualan Technology Co. Ltd., Nitriflex S.A. Indústria e Comércio, LG Chem. Ltd., JSR Corporation, ARLANXEO, Nantex Industry, and Navyug Rubber Industries.
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
On the basis of region, the nitrile butadiene rubber (NBR) powder market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific to account for the highest revenue share during the forecast period, in which China and India are the key countries contributing to the growth of the market in this region. The growth is attributed to the presence of a large number of butadiene rubber powder manufacturers and rubber products manufacturers. In North America, the US is the leading contributor, owing to rising the demand for consumer goods products. Europe is the third-largest contributor for NBR powder market, owing to the rising demand for rubber from automotive industry. The Middle East & Africa accounted for sustainable growth, due to the growing construction sector.
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Segmentation
ATTRIBUTE | DETAILS |
By Type |
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By Applications |
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By Geography |
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- Ongoing
- 2023
- 2019-2022
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