Fast Curing Nitrile Butadiene Rubber (NBR) Market Share to Reach USD 621.6 Million by 2027 with Top Key Players: LG Chemicals, JSR Corporation, Lanxess AG, etc.

The global Fast Curing Nitrile Butadiene Rubber (NBR) market is forecast to reach USD 621.6 Million by 2027, according to a new report by Reports and Data. Fast Curing Nitrile Butadiene Rubber (NBR) is one of the most high-valued polymers which is processed through the hot polymerization processes. It has properties, such as good sealing retention, excellent oil resistance, and providing short curing time intervals and reduction of mold fouling in the floors of shops.

Key participants include LG Chemicals, JSR Corporation, Lanxess AG, Zeon Chemicals, Kumho Petrochemical Co., Ltd., Huangshan Hualan Technology, PetroChina Company Limited, BASF SE, Sinopec, and TSRC Corporation, among others.

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The increasing importance of high-temperature molding through polymer processing for manufacturing the goods of construction, oil & gas, and automotive industries is expected to lead to a surge in the demand of the market. Fast Curing Nitrile Butadiene Rubber (NBR) finds applications in molding rubber parts, including interior membranes, seals, hoses, and vibration dampers of commercial and passenger vehicles. It provides benefits, such as high compression modulus, the outstanding cost to performance ratio, and an excellent sealing force retention. Hence, the growing automobile industry is expected to drive the growth of the Fast Curing Nitrile Butadiene Rubber (NBR) Market.

Increasing environmental regulations regarding the production of rubber are likely to hamper the demand of the market. Restrictions in the use of phthalates are also leading to reduced use of the product. Fluctuations in the prices of raw materials may make some manufacturers stay away from venturing into fast curing Nitrile Butadiene Rubber (NBR), which can lead to a decline in the size of the market.

For the purpose of this report, Reports and Data have segmented into the global Fast Curing Nitrile Butadiene Rubber (NBR) market on the basis of product, distribution channel, application, and region:

Product Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

  • Hoses
  • Belts
  • Cables
  • Molded and Extruded Products
  • Seals and O-rings
  • Rubber Compounds
  • Adhesives and Sealants
  • Gloves
  • Foamed Products
  • Others

Distribution Channel Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

  • Offline Stores
  • Online Stores

Application Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

  • Automotive
  • Mechanical Engineering
  • Oil & Gas Production
  • Mining
  • Metallurgical
  • Construction
  • Medical
  • Others

Regional Outlook (Volume, Kilo Tons, Revenue, USD Million; 2017-2027)

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America

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Table of Content:

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Fast Curing Nitrile Butadiene Rubber (NBR) Market Segmentation & Impact Analysis
4.1. Fast Curing Nitrile Butadiene Rubber (NBR) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing End-Use
4.2.2.2. Growing Demand for NBR Gloves
4.2.2.3. Increasing demand from the automotive industry
4.2.3. Market restraints analysis
4.2.3.1. Environmental Regulations
4.2.3.2. Fluctuating Raw Material Prices
4.2.3.3. Restrictions in the use of Phthalates
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence

Continued…

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