Fast Curing Nitrile Butadiene Rubber (NBR) Market Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2027

 

Reports and Data estimates the global Fast Curing Nitrile Butadiene Rubber (NBR) Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2018-2027 as the forecast period. The report offers CAGR and market size for the global Fast Curing Nitrile Butadiene Rubber (NBR) Market during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include: L.G. Chemicals, JSR Corporation, Lanxess AG, Zeon Chemicals, Kumho Petrochemical Co., Ltd., Huangshan Hualan Technology, PetroChina Company Limited, BASF SE, Sinopec, and TSRC Corporation.

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 Fast Curing Nitrile Butadiene Rubber (NBR) Market Overview :-

The global Fast Curing Nitrile Butadiene Rubber (NBR) market is forecasted to grow at a rate of 3.8% from USD 459.5 Million in 2019 to USD 621.6 Million in 2027. Fast Curing Nitrile Butadiene Rubber (NBR) acquired through the hot polymerization process. It has properties such as high compression modulus, high sealing force retention, high oil resistance, and improved performance. Due to all these properties, there is an increased demand for the product from various industries such as automotive, construction, and oil and gas. Fast Curing Nitrile Butadiene Rubber (NBR) finds extensive applications in the aeronautical industry, due to its ability to be able to resist a vast range of temperatures. The growth of the automotive manufacturing sector is also leading to a surge in the demand of the product, as it finds various applications in the automotive sector. The Oil & Gas industry also finds various applications for fast curing NBR. The increase in the demand for products in conditions where there are fluctuations in temperature and pressure is also leading to an increase in the activity of high-temperature molding. The Medical Industry uses Fast Curing Nitrile Butadiene Rubber (NBR) in the manufacture of medical gloves, as it is cost-effective. NBR is preferred over latex and isoprene because it offers properties such as being puncture-resistant and easy identification of wear and tear, which is not the case in latex gloves. NBR is also used in stoppers, tubes, supporting and cushioning materials along with medical equipment and devices.

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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

 

Key Regional Markets Covered in the Report:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

 

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 Key Questions answered by the Report:

·       What is the expected year-on-year growth of the Fast Curing Nitrile Butadiene Rubber (NBR) Market during the forecast period?

·       What key trends are expected influence revenue growth of the market going ahead?

·       Which region is expected to account for largest revenue share over the forecast period?

·       Which key companies are profiled in the report?

 

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