Nitrile Butadiene Rubber Industry Overview The global nitrile butadiene rubber (NBR) market is anticipated to reach USD 3.2 billion at a CAGR of 5.2% from 2022 to 2030 according to a new study by Grand View Research, Inc. The global market is anticipated to be driven by the increasing demand from the automotive industry. NBR is extensively used in the automotive industry manufacturing hoses, cables & belting, O-rings & seals, and other molded & extruded products. Nitrile Butadiene Rubber Market Segmentation Grand View Research has segmented the nitrile butadiene rubber market based on product, end-use, and region: Based on the Product Insights, the market is segmented into Hoses, Belts, Cables, Molded & Extruded Products, Seals & O-rings, Rubber Compounds, Adhesives & Sealants, Gloves, Foamed Products, Others.
Based on the End-use Insights, the market is segmented into Automotive, Mechanical Engineering, Oil & Gas, Metallurgy & Mining, Construction, Medical, Others.
Nitrile Butadiene Rubber Regional Outlook
Key Companies Profile & Market Share Insights The global market is highly fragmented with the presence of a large unorganized sector, particularly in the Asia Pacific and Latin America. Companies, particularly hailing from Asia Pacific have been constantly looking for significant capacity additions over the past few years to take advantage of operational excellence and achieve economies of scale. Some prominent players in the global nitrile butadiene rubber market include
Order a free sample PDF of the Nitrile Butadiene Rubber Market Intelligence Study, published by Grand View Research.
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