#Global Specialty Nitrile Butadiene Rubber Market

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Hydrogenated Nitrile Butadiene Rubber Prices Trend, Database, Chart, Index, Forecast

Hydrogenated Nitrile Butadiene Rubber (HNBR) Prices: For the Quarter Ending March 2024

Hydrogenated Nitrile Butadiene Rubber (HNBR) prices have been subject to fluctuations influenced by various factors within the global rubber market. HNBR, a specialty synthetic rubber known for its excellent resistance to heat, oil, and chemicals, has seen demand driven by diverse industries such as automotive, aerospace, and oil and gas. The prices of HNBR are intricately linked to the availability and cost of raw materials, primarily acrylonitrile and butadiene, which are derived from petrochemical sources. Fluctuations in crude oil prices, geopolitical tensions, and supply chain disruptions can all impact the cost of these raw materials, thereby affecting the overall price of HNBR.

Furthermore, market dynamics such as supply-demand imbalances, changes in regulatory policies, and technological advancements also play crucial roles in shaping HNBR prices. For instance, increased demand for HNBR in automotive applications, driven by the growing trend towards lightweighting and fuel efficiency, can exert upward pressure on prices, especially if supply struggles to keep pace. Conversely, innovations in production processes or the introduction of alternative materials with comparable properties can moderate prices by increasing competition within the market.

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Global economic conditions and currency fluctuations are additional factors that influence HNBR prices. A strong U.S. dollar, for example, can make HNBR more expensive for buyers in other currencies, potentially dampening demand and leading to price adjustments. Conversely, a weaker dollar can make HNBR more competitive in international markets, stimulating demand and supporting higher prices.

Environmental and sustainability considerations are increasingly shaping market dynamics and, by extension, HNBR prices. As awareness of climate change and environmental impact grows, there is a growing emphasis on the development and adoption of eco-friendly alternatives to traditional materials. This trend can influence both supply and demand for HNBR, as manufacturers seek to meet regulatory requirements and consumer preferences for greener products. Investments in research and development aimed at enhancing the sustainability of HNBR production processes can also impact prices, particularly in the long term.

In recent years, the COVID-19 pandemic has introduced additional volatility into the rubber market, including HNBR. Disruptions to global supply chains, changes in consumer behavior, and shifts in government policies to mitigate the impact of the pandemic have all contributed to uncertainty and price fluctuations. While the full extent of the pandemic's impact on HNBR prices remains to be seen, it underscores the importance of resilience and adaptability in the face of unforeseen challenges.

In conclusion, the prices of Hydrogenated Nitrile Butadiene Rubber are influenced by a complex interplay of factors including raw material costs, market dynamics, economic conditions, and environmental considerations. As industries continue to evolve and new technologies emerge, the demand for HNBR and its pricing dynamics are likely to evolve as well. Understanding these factors and their implications is essential for businesses operating in the HNBR market to make informed decisions and remain competitive in an increasingly complex global landscape.

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Nitrile Rubber (NBR) Latex Market: Expanding Applications and Sustainable Growth

Introduction:

Nitrile Rubber (NBR) Latex is a versatile synthetic latex derived from the polymerization of butadiene and acrylonitrile monomers. It possesses excellent oil resistance, chemical resistance, and flexibility, making it a preferred choice in various industries such as automotive, healthcare, and construction. The Nitrile Rubber (NBR) Latex Market is experiencing substantial growth, driven by its wide-ranging applications and increasing demand for specialized products. It is expected to grow from USD 2.30 Billion in 2022 to USD 4.40 Billion by 2030, at a CAGR of 9.90% during the forecast period.

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Market Overview:

The Nitrile Rubber (NBR) Latex Market has witnessed significant expansion over the years, attributed to its unique properties that cater to diverse industries. NBR latex is widely used in manufacturing gloves, adhesives, foams, and textiles, among others. Additionally, the growing awareness of the importance of protective and medical-grade products has further propelled the demand for NBR latex.

Key Players and Actual Revenue Figures:

The Nitrile Rubber (NBR) Latex Market is highly competitive, with key players dominating the landscape. Below are some major companies in the market and their actual revenue figures:

Synthomer plc:

Synthomer is a leading supplier of Nitrile Rubber (NBR) Latex, providing high-quality latex products to various end-use industries. In 2022, the company's revenue from NBR latex was USD 480 million, showcasing its prominent market position.

LG Chem:

LG Chem is a global chemical company that produces a wide range of latex products, including Nitrile Rubber (NBR) Latex. In 2022, the company's revenue from NBR latex amounted to USD 370 million, solidifying its presence in the market.

Kumho Petrochemical Co., Ltd.:

Kumho Petrochemical is a key player in the NBR latex market, offering advanced latex solutions to diverse industries. In 2022, the company's revenue from NBR latex reached USD 320 million, highlighting its significant market share.

OMNOVA Solutions Inc.:

OMNOVA Solutions is a leading manufacturer of specialty chemicals, including Nitrile Rubber (NBR) Latex. In 2022, the company's revenue from NBR latex recorded USD 250 million, underscoring its position in the market.

Apcotex Industries Limited:

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Apcotex Industries specializes in the production of latex, including Nitrile Rubber (NBR) Latex, serving various industrial applications. In 2022, the company's revenue from NBR latex amounted to USD 180 million, signifying its market significance.

Zeon Corporation:

Zeon Corporation is a prominent supplier of Nitrile Rubber (NBR) Latex, providing a wide range of latex products to different sectors. In 2022, the company's revenue from NBR latex reached USD 150 million, showcasing its market presence.

Taprath Elastomers LLP:

Taprath Elastomers is a major player in the Nitrile Rubber (NBR) Latex Market, offering specialized latex solutions to diverse industries. In 2022, the company's revenue from NBR latex amounted to USD 130 million, contributing to its market share.

Emerald Performance Materials, LLC:

Emerald Performance Materials is a global manufacturer of specialty chemicals, including Nitrile Rubber (NBR) Latex. In 2022, the company's revenue from NBR latex recorded USD 110 million, solidifying its position in the market.

Synthos S.A.:

Synthos is a prominent supplier of Nitrile Rubber (NBR) Latex, offering innovative latex solutions for various industrial applications. In 2022, the company's revenue from NBR latex amounted to USD 90 million, emphasizing its market significance.

ARLANXEO Holding B.V.:

ARLANXEO is a leading producer of synthetic rubbers, including Nitrile Rubber (NBR) Latex. In 2022, the company's revenue from NBR latex recorded USD 80 million, contributing to its market share.

Market Trends:

The Nitrile Rubber (NBR) Latex Market is witnessing several trends that are influencing its growth and shaping its future:

Increasing Demand for Disposable Gloves:

The COVID-19 pandemic has driven the demand for disposable gloves, particularly those made from NBR latex, to ensure personal and medical safety.

Focus on Sustainable Latex Production:

Companies are investing in sustainable manufacturing processes to reduce environmental impact and meet stringent regulations, thereby enhancing the market's sustainability.

Growing Application in Adhesives and Sealants:

The use of NBR latex in adhesives and sealants is increasing, driven by its excellent adhesion properties, making it an essential component in various industries.

Expansion of Healthcare and Medical Sectors:

The expansion of the healthcare and medical sectors is driving the demand for NBR latex-based medical devices, such as catheters, surgical gloves, and tubing.

Technological Advancements:

Ongoing research and development are leading to the development of high-performance NBR latex products with improved properties, opening new growth avenues.

Conclusion:

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The Nitrile Rubber (NBR) Latex Market is experiencing significant growth due to its versatility and diverse applications across various industries. With major players like Synthomer plc, LG Chem, and others contributing to the market's revenue, the market is poised to grow from USD 2.30 Billion in 2022 to USD 4.40 Billion by 2030, at a CAGR of 9.90% during the forecast period. As industries increasingly adopt NBR latex for its exceptional properties and environmental sustainability, the market is expected to witness further expansion in the coming years.

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Specialty Nitrile Butadiene Rubber (NBR) Market - Global Industry Analysis and Forecast | 2025

Specialty Nitrile Butadiene Rubber (NBR) Market – Global Industry Analysis and Forecast | 2025

Carboxylated NBR is expected to have a high market penetration on account of providing excellent resistance to oils and non-polar solvents. The global Specialty Nitrile Butadiene Rubber Market size is expected to reach USD 768.1 million by 2025 expanding at a CAGR of 4.2%, according to a new report by Grand View Research, Inc.

The demand for carboxylated NBR is likely to be driven by its ability…

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Hydrogenated Nitrile Butadiene Rubber Market 2022 Top Growing Companies Analysis and Segmentation Outlook till 2030

The global hydrogenated nitrile butadiene rubber market is projected to be worth USD 25.90 Billion by 2030

The global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market is anticipated to showcase a healthy CAGR of 9% over the forecast period of 2021-2030, asserts Market Research Future (MRFR) in an extensive study.

The primary factors shaping the growth of the global hydrogenated nitrile butadiene rubber market include increasing demand from diverse end-use industries such as automotive, medical, construction, oil & gas, and machinery. The automotive industry is a major end-use industry for HNBR where it experiences high demand in applications demanding high performance. Desirable properties of HNBR such as excellent resistance to oils & solvents, ozone & weather conditions, temperatures, and other superior mechanical properties lead to increased demand from the automotive industry. The rise in the operating temperatures in vehicles has resulted in the development of harsh automotive fluids such as engine oils and lubricants, which further necessitates the use of specialty elastomers with greater heat,  fluid, and chemical resistance.  HNBR is a prudent solution to this problem faced by  the automotive industry.

The oil & gas industry to is a significant end user of hydrogenated nitrile butadiene rubber. They are used in industrial sealing for oil field exploration and processing. HNBR enhance drilling and zone isolation to maximize well production. Surging demand of HNBR in Enhanced Oil Recovery (EOR) along with increasing offshore drilling activities are expected to augment the growth of the market.  In addition, they are used as rolls for steel and paper mills, which further drives the market growth.

HNBR is highly preferred as the material for the production of industrial gloves. They protect against mechanical hazards on account of its high thermal, oil, and chemical resistance. Besides, they are also used in the production of medical gloves due to their chemical or solvent resistance. Furthermore, the introduction of the world’s first lightweight nitrile glove in 2005 extended the use of HNBR in manufacturing industrial gloves.

On the downside, the growth of the global hydrogenated nitrile butadiene rubber market might be dampened by their high price as compared to their traditional counterparts. Not only are the materials used for the production of HNBR expensive also its manufacturing involves substantial costs.

Elastomer manufacturers are investing heavily in R&D activities to develop innovative grades of HBNR which can withstand harsh application environments is likely to present growth opportuni9ties to the global hydrogenated nitrile butadiene rubber market.

Competitive Landscape:

Polycomp, Arlanxeo, AirBoss of America Corp., MCM S.p.A., Precision Associates, Inc., ERIKS NV, Rahco Rubber, Inc., Mantaline, Trelleborg Sealing Solutions, and Zeon Corporation are the prominent players in the global hydrogenated nitrile butadiene rubber market.

Segmentation:

The global hydrogenated nitrile butadiene rubber market has been segmented on the basis of product and end-use industry.

On the basis of product, the global hydrogenated nitrile butadiene rubber market has been segmented into HNBR solid and HNBR latex.

By end-use industry, the global hydrogenated nitrile butadiene rubber market has been segmented into automotive, machinery, construction, medical, oil & gas, and others.

Regional Analysis:

Regionally, the global hydrogenated nitrile butadiene rubber market has been segmented into Asia Pacific (APAC), Europe, North America, Latin America, and the Middle East & Africa.

APAC is the largest market for HNBR and is likely to expand at a CAGR of 9.30% over the forecast period. Prolific growth of the automotive industry coupled with rapid industrialization in the region drives the market in APAC. Moreover, due to urbanization, the construction industry has been experiencing a boom consequently fueling the demand for HNBR. Another contributing factor is the presence of raw material suppliers in APAC which further drives the market.

Europe follows APAC closely and is deemed to be the second largest market for HNBR. Established automotive sector in the region and the presence of production base of various automotive companies in countries such as the UK, Germany, Italy, and Spain stimulates the growth of the Europe market. The Europe market is projected to capture a CAGR of 8.07% over the forecast period.

Rising industrial activities in the Middle East & Africa region induces high demand in the global hydrogenated nitrile butadiene rubber market which is likely to register a CAGR of 8.70% over the forecast period

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2,3-butanediol market to reach valuation of ~us$ 300 MN by 2030

2,3-Butanediol Market: Introduction

In terms of value, the global 2,3-Butanediol market is anticipated to expand at a CAGR of 3.5% from 2020 to 2030. The rise in demand for rubbers such as styrene–butadiene rubber, styrene–butadiene latex, nitrile rubber, and chloroprene rubber in the tire industry is expected to drive the global 2,3-Butanediol market, as 2,3-Butanediol is converted into 1,3-Butadiene that is extensively employed in the manufacture of different kinds of rubbers. 2,3-Butanediol acts as a precursor to methyl ethyl ketone (also known as MEK or 2-butanone). The demand for 2,3-Butanediol is estimated to rise significantly in this area of application during the forecast period. The demand for products with natural origin has been rising across the globe. Products manufactured through fermentation and biorefinery processes are replacing synthetic and petrochemical products. 2,3-Butanediol (2,3-BD) is a promising bulk chemical with potentially wide range of applications.

High Cost of Commercial Production to Hamper 2,3-Butanediol Market

2,3-Butanediol is a niche chemical. The industry is currently in the early phase of its adoption. The high cost involved in the commercial production of 2,3-Butanediol is a key factor hampering the global market. 2,3-Butanediol witnessed a moderate level of commercialization up to 2019. Currently, manufacturers are engaged in scaling up the production of 2,3-Butanediol and its usage as a precursor to several industrial chemicals such as methyl ethyl ketone, butadiene, and acetoin through pilot plant operations. The availability of prominent cost-effective substitutes such as 1,4-Butanediol, 1,3-Butanediol, and 1,2-Butanediol is projected to hinder the global 2,3-Butanediol market in the near future.

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Intermediate Chemicals to Offer Lucrative Opportunities

In terms of application, the global 2,3-Butanediol market has been divided into intermediate chemicals, plastics, food additives, cosmetics, and others. In terms of value, the intermediate chemicals segment dominated the global 2,3-Butanediol market in 2019. The intermediate chemicals segment is anticipated to expand at a CAGR of more than 3.6% during the forecast period. 2,3-Butanediol is used as an intermediate chemical in various industrial compounds, which can be used as building blocks for the production of synthetic rubbers, plasticizers, printing inks, solvents, flavorings, and pharmaceuticals. 2,3-Butanediol is employed in the production of acetoin, a high value feedstock that can be widely used in dairy and cosmetic products, and chemical synthesis. The demand for 2,3-Butanediol is high as synthetic rubber precursor, as it is used in the production of 1,3-butadiene. 2,3-Butanediol can be converted into methyl ethyl ketone (MEK), which is used as a biofuel additive. After combining with methyl-ethyl-ketone and hydrogenation reaction, 2,3-Butanediol can be converted into octane, which is used to produce high-quality aviation fuel.

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Asia Pacific to be Lucrative Region of 2,3-Butanediol Market

Based on region, the global 2,3-Butanediol market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume, Asia Pacific accounted for significant share of the global 2,3-Butanediol market in 2019. This trend is projected to continue during the forecast period. Several 2,3-Butanediol manufacturers such as Global Bio-Chem Technology Group and TCI operate in Asia Pacific. Latin America is a high potential region of the global 2,3-Butanediol market. The demand for 2,3-Butanediol is likely to rise in the region as food additive during the forecast period. Regional manufacturers have been significantly using waste gas as a resource to create a diversified range of fuels and chemicals, including 2,3-Butanediol.

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Competition Landscape

In October 2018, Shimadzu (Shanghai) Global Laboratory Consumables Co., Ltd. became the exclusive distributor of Orochem Technologies Inc.’s bio-analytical sample preparation products in China. In 2018, Global Bio-Chem Technology Group entered into extensive collaborations with local and overseas research institutes and universities to encourage theoretical and technological exchange worldwide. It invests about 1%-3% of the turnover in research and development annually. The company has completed more than 10 R&D projects on corn-based biochemical products. It had several new products under development in 2018. Precigen, Inc. invested US$ 404.6 Mn, US$ 143.2 Mn, and US$ 112.1 Mn in research and development activities in 2018, 2017, and 2016, respectively. The company has accomplished biological production on a non-commercial scale of six fuel and chemical products, which hold an array of opportunities. These product opportunities include 2,3-Butanediol and isoprene for conversion into synthetic rubber, isobutanol for gasoline blending, 1,4-Butanediol for polyester, farnesene for diesel fuel and lubricants, and isobutyraldehyde for acrylics. Leading players have taken initiatives to expand their presence through acquisitions, increase of production capacities, and strategic partnerships.

Key Players in Global Market

Key manufacturers operating in the global 2,3-Butanediol market are Global Bio-Chem Technology Group, Orochem Technologies Inc., Precigen, Inc., Haihang Industry Co., Ltd., LanzaTech, Henan Coreychem Co., Ltd., Tokyo Chemical Industry Co., Ltd., Merck KGaA, Biosyncaucho S.L., and GS Caltex.

Global 2,3-Butanediol Market: Segmentation

2,3-Butanediol Market, by Application

Intermediate Chemicals

Plastics

Food Additives

Cosmetics

Others (including Pesticides and Anti-freeze Agents)

2,3-Butanediol Market, by Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

U.S.

Canada

Germany

Italy

Spain

Rest of Europe

China

India

Japan

Rest of Asia Pacific

Companies in the 2,3-Butanediol market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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Petrochemicals Market Likely To Reach A Valuation Of Around USD 651.1 Billion By 2027

The global petrochemicals market size is projected to reach USD 651.1 billion by 2027, expanding at a CAGR of 5.0%, according to a new report by Grand View Research, Inc. The market for petrochemicals is largely driven by rising demand for downstream specialty chemicals and plastic manufacturing.

The industry is growing through a transformation with manufacturers focusing on high margin products and trying to optimize raw material costs. Sustainability is the key standpoint driving decision making. The rising plastic waste and pollution resulting from manufacturing facilities have prompted manufacturers to take steps to tackle the rising problem. Going ahead, manufacturers are trying to develop products with widened application scope and minimal environmental impact. In China, technologies are being developed to recycle plastic waste into crude oil. Commercialization of these technologies will not only reduce pollution but also ensure the supply of raw materials to the petrochemical industry.

Capacity additions are expected to be a major feature of the market for petrochemicals. Passing through the consolidation phase in 2012 - 2016, the market for petrochemicals witnessed a large number of strategic divestments and acquisitions. Currently, a large number of projects are being constructed in North America, China, and the Middle East. China is expected to be a major player with more than 6.9 million metric tons of cumulative capacity expected to be operational by 2021. The Middle East is expected to face a lot of problems with manufacturers viewing China as a favorable destination. However, with its current rate of construction, the region is expected to add around 12 million metric tons of cumulative capacity between 2018 and 2022.

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Petrochemicals Market Report Highlights

The demand for butadiene is anticipated to reach USD 19.8 billion tons owing to rising applications in chemical manufacturing and monomers for tire production

The demand for methanol is expected to witness a CAGR of 4.7% in terms of revenue over the forecast period owing to growing application scope in end-use industries such as pharmaceuticals, pesticides, and paints

The petrochemicals market in Canada recorded a revenue of USD 10.1 billion driven by rising oil exploration activities and development of integrated facilities

The demand for petrochemicals in Belgium is expected to grow at a CAGR of 2.9% in terms of revenue from 2020 to 2027 on account of the presence of large number of specialty chemical manufacturers and steady growth exhibited by the manufacturing sector

The major industry participants are Royal Dutch Shell, Chevron, Sinopec, Exxon Mobil, and BP PLC.

Petrochemicals Market Segmentation

Grand View Research has segmented the global petrochemicals market on the basis of product and region.

Petrochemicals Product Outlook (Volume, Million Tons; Revenue, USD Million, 2016 - 2027)

Ethylene

Propylene

Butadiene

Benzene

Xylene

Toluene

Methanol

Polyethylene

Ethylene oxide

EDC

Ethyl benzene

Other (including alpha olefins, vinyl acetate etc.)

Polypropylene

Propylene oxide

Acrylonitrile

Cumene

Acrylic acid

Isopropanol

Other

SB Rubber

Butadiene rubber

ABS

SB latex

Other (nitrile rubber, mechanical belts etc.)

Ethyl benzene

Phenol/cumene

Cyclohexane

Nitrobenzene

Alkyl benzene

Other (including alkyl benzene, maleic anhydride)

Benzene

Xylenes

Solvents

TDI

Others (including pesticides, drugs, nitro toluene etc.)

Formaldehyde

Gasoline

Acetic acid

MTBE

Dimethyl ether

MTO/MTP

Other

Petrochemicals Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2016 - 2027)

North America

Europe

Asia Pacific

Latin America

Middle East

Africa

U.S

Canada

Germany

U.K.

Belgium

France

Netherlands

China

India

Japan

South Korea

Indonesia

Brazil

Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

[severepeanutperfection]

Nitriles are organic compounds having a triple bond between carbon and nitrogen. They are also known as cyanides. The most commonly occurring nitrile is Nitrile Rubber which is a synthetic copolymer of unsaturated acrylonitrile and conjugated butadiene. Such a form of rubber is highly resistant to chemicals. Due to its property of sturdiness, it is largely used in protective gloves used in chemistry laboratories to resist the effect of the chemicals. Nitrile rubber also has applications in the pipelines, hoses, tubes, conveyor belts, shoes, seals and glues. The electronic structure of nitriles is like that of alkyne except for the presence of a lone pair of electrons with nitrogen which makes it a polar molecule. As a result, nitriles tend to have higher boiling points which is one of the property of nitriles that has various applications.

[somya08]

Global Specialty Nitrile Butadiene Rubber (NBR) Sales Market Report 2021

The global Specialty Nitrile Butadiene Rubber (NBR) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Specialty Nitrile Butadiene Rubber (NBR) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

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Segment by Type

Carboxylated NBR

Bimodal NBR

Liquid NBR

Segment by Application

Aviation

Automotive

Printing

Textile

Machinery Manufacturing

Chemical

Other

The Specialty Nitrile Butadiene Rubber (NBR) market is analysed and market size information is provided by regions (countries). Segment by Application, the Specialty Nitrile Butadiene Rubber (NBR) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company

While Zeon Corporation

JSR Corporation

LANXESS AG

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Table of content

1 Specialty Nitrile Butadiene Rubber (NBR) Market Overview 1.1 Specialty Nitrile Butadiene Rubber (NBR) Product Scope 1.2 Specialty Nitrile Butadiene Rubber (NBR) Segment by Type 1.2.1 Global Specialty Nitrile Butadiene Rubber (NBR) Sales by Type (2016 & 2021 & 2027) 1.2.2 Carboxylated NBR 1.2.3 Bimodal NBR 1.2.4 Liquid NBR 1.3 Specialty Nitrile Butadiene Rubber (NBR) Segment by Application 1.3.1 Global Specialty Nitrile Butadiene Rubber (NBR) Sales Comparison by Application (2016 & 2021 & 2027) 1.3.2 Aviation 1.3.3 Automotive 1.3.4 Printing 1.3.5 Textile 1.3.6 Machinery Manufacturing 1.3.7 Chemical 1.3.8 Other 1.4 Specialty Nitrile Butadiene Rubber (NBR) Market Estimates and Forecasts (2016-2027) 1.4.1 Global Specialty Nitrile Butadiene Rubber (NBR) Market Size in Value Growth Rate (2016-2027) 1.4.2 Global Specialty Nitrile Butadiene Rubber (NBR) Market Size in Volume Growth Rate (2016-2027) 1.4.3 Global Specialty Nitrile Butadiene Rubber (NBR) Price Trends (2016-2027)

2 Specialty Nitrile Butadiene Rubber (NBR) Estimates and Forecasts by Region 2.1 Global Specialty Nitrile Butadiene Rubber (NBR) Market Size by Region: 2016 VS 2021 VS 2027 2.2 Global Specialty Nitrile Butadiene Rubber (NBR) Retrospective Market Scenario by Region (2016-2021)

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Specialty Elastomer Market – Share ,Size Industries Based on Geography, Key Players, Driver, Market Challenge, Market Trend 2027 import export trends covid-19 impact , forecast 2027

 Market Overview:

Specialty Elastomer is a Polymeric material synthesized by joining number of organic units in a linked manner. Specialty elastomer is a polymer based synthetic rubber. They are either thermoset based or thermoplastic based, wherein most of the specialty elastomers in the market are based on thermoplastic polymers. The product exhibit various properties such as long durability, high impact resistance and failure strain, low shrinkage, and better design flexibility. The specialty elastomer are used in numerous applications such as automotive, construction, electronic appliances, footwear making, and medical equipment, among others. Automotive industry, building & construction industry, and footwear making industry are the major end users of the Specialty Elastomer. The market is witness a high growth due to infrastructural expansion undertaken by both developing and developed countries and increasing demand from automotive sector.

The Global Elastomer Market is estimated to grow at a CAGR of ~5% to reach about USD 95 billion by the end of 2023, which is projected to boost the demand for Specialty Elastomer in the coming years.

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Market Segmentation:

The Global Specialty Elastomer Market is segmented on the basis of product, application, and region.

On the basis of the product, the market is divided into thermoplastic elastomer (TPE) (thermoplastic olefin (TPO), thermoplastic polyurethane (TPU), thermoplastic vulcunizate (TPV), styrene block copolymer (SBC), and others) and thermosetting elastomer (TSE) (styrene butadiene rubber (SBR), butyl rubber, polybutadiene rubber (PBR), nitrile rubber, ethylene propylene rubber (EPM), and others). The available Specialty Elastomers in the market are majorly based on TPE due to its vast applications starting from building and construction industry to footwear making industry. Within TPE, SBC is the largest segment and is projected to grow at the highest CAGR due to its applicability in high pressure-complex industrial process and better mechanical properties compared to its counterparts. On the other hand, thermoplastic based Specialty Elastomers are commercially suitable for a small range of applications.

On the basis of application, the market is categorized into automotive, medical, consumer goods, building & construction, electrical & electronics, industrial, and others. Among these applications, the automobile industry is estimated to hold a major share of the market during the forecast period. Additionally, increasing demand for light weight vehicle and advent of electric vehicle are the favoring the growth of this segment. Yet, the medical segment is projected to grow at the highest CAGR among other applications on account of its increasing usage in syringe tips, peristaltic tubes, seals, gaskets, gloves, and grips.

Regional Analysis:

Geographically, the Global Specialty Elastomer Market share is divided into Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. Among these regions, Asia Pacific is holding 48% share of the global market in terms of market size. China and India are leaders in the regional market owing to rising construction activities and reviving footwear making industry in these countries.

North America is a significant region in the Global Specialty Elastomer Market following the Asia Pacific. Reconstruction projects undertaken by countries namely the U.S. and Canada is anticipated to boost the growth of the regional Specialty Elastomer Market.

Europe is a substantial region in the Global Specialty Elastomer Market. The demand for Specialty Elastomer in the automobile industry, for making interior of luxury cars, is propelling the growth of the regional Specialty Elastomer Market. Countries namely Germany, France and the U.K. are the major contributors to the regional market growth.

Other regions in the Global Specialty Elastomer Market are the Middle East & Africa and Latin America, wherein the Middle East & Africa is comparatively growing at higher rate. Huge investment potential and availability of raw material are estimated to push the growth of the market in this region. Latin America is expected to join the hand with the leading regions in the coming years.

Competitive Analysis:

Key players in the Global Specialty Elastomer Market are BASF SE (Germany), The DOW Chemical Company (U.S.), JSR Corporation (Japan), LG Chem. (South Korea), LANXESS AG (Germany), Zeon Corporation (Japan), KURARAY CO., LTD. (Japan), Covestro AG (Germany), Teknor Apex (U.S.), and Exxon Mobil Corporation (U.S.), among others.

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Textile Coatings Market - Share, Size, Growth, Trends, Demand, Industry Analysis, Key Player Profile and Regional Outlook 2027

Market Synopsis:

Textile Coatings are gaining momentum and witnessing rising applications across major end-use industries. The assessment offered by Market Research Future (MRFR) has revealed that the Global Textile Coatings Market is poised to register a steady CAGR across the projection period 2017 to 2023. These Coatings enable depositing polymeric resin on Textiles. The benefits of the process have paved its way across different industry verticals.

The growth of the Clothing Industry is the major factor responsible for the development of the Textile Coatings Market in the forthcoming years. Increasing disposable income is likely to favor market expansion in the foreseeable future. These coatings are also extensively used in the automotive sector for the manufacturing of upholstery. The growing demand for vehicles is poised to encourage the revenue growth of the Textile Coatings Market in the years to come.

The construction sector has also unleashed developmental opportunities to the market. In addition, the rising demand for Textile Coatings for home furnishings is prognosticated to accelerate revenue generation for the players of the market over the next couple of years. On the flip side, rising environmental concerns, in conjunction with the implementation of stricter regulations, is poised to undermine the expansion of the Textile Coatings Market in the years to come.

Competitive Dashboard:

The important players studied for presenting a detailed segmental analysis of the Global Textile Coatings Market are Lubrizol Corporation (U.S.), Covestro AG (Germany), Huntsman International LLC (U.S.), Clariant AG (Switzerland), Solvay SA (Belgium), Formulated Polymer Products Ltd. (U.K), BASF SE (Germany), Sumitomo Chemical Company (Japan), Omnova Solutions Inc. (U.S.), and Tanatex B.V. (Netherlands).

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Industry News:

In May 2019, Covestro AG, Bayer's materials science division, has presented sustainable developments in Insqin technology designed for aqueous Textile Coatings and water-based polyurethane dispersion at Techtextil 2019. These developments are introduced for enabling biodegradable Textile Coatings.

In May 2019, Archroma, a leader in specialty chemicals and sustainable solutions, has announced the launch of a break-through water-based textile coating binder named Appretan® NTR which is based on natural renewable ingredients.

Market Segmentation:

On the basis of Type of Coating, the Global Textile Coatings Market has been segmented into thermosets, thermoplastics, and others (silicon, fluoropolymers). The thermosets segment can be further sub-segmented into natural rubber, styrene-butadiene rubber (SBR), and others (nitrile rubber, butyl rubber, and others). The thermoplastics segment has been sub-segmented into polyvinyl chloride (PVC), acrylics, polyurethane (PU), polyolefins, and others.

On the basis of Coating Method, the Textile Coatings Market has been segmented into direct roll coating, direct coating, pad-dry-cure coating, hot melt extrusion coating, foamed & crushed foam coating, calendar coating, and others.

On the basis of End-User Industry, the Global Textile Coatings Market has been segmented into transportation, clothing, building & construction, healthcare, home furnishing, and others (packaging, agricultural industry, geotextiles).

Browse Key Industry Insights spread across 100 pages with 47 market data tables & 12 figures & charts from the report, “Textile Coatings Market Information: By Type of Coating (PVC, PU, Acrylics), A Coating Method (Direct, Direct Roll, Pad-Dry-Cure, Foamed & Crushed Foam, Hot Melt Extrusion, Calendar), End-Use Industry (Clothing, Transportation, Construction, Home Furnishing, Healthcare) and Region – Growth Potential, Price Trends, Competitive Market Share & Forecast 2027” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/textile-coatings-market-5913

Regional Analysis:

For an Exhaustive Geographical Assessment, the Global Textile Coatings Market has been segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa (MEA). Asia Pacific is expected to hold the lion’s share of the market in the years to come. Increasing applications across the burgeoning industry verticals such as automotive, healthcare, construction, etc. is expected to increase the revenue generation of the market participants over the next few years in the region. In addition, the rising purchasing power of the population is also projected to favorably influence the growth pace of the Textile Coatings Market in the years to come.

Europe and North America are significant regional segments and are poised to contribute substantially to the development of the Global Textile Coatings Market over the next couple of years. The increasing demand for PU based Textile Coatings is prognosticated to drive the proliferation of the market in the foreseeable future.

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Hydrogenated Nitrile Butadiene Rubber (HNBR) Market: Industry Analysis, Segments and Demand by 2025

The global hydrogenated nitrile butadiene rubber (HNBR) market is anticipated to showcase a healthy CAGR of 8.38% over the forecast period of 2018-2023, asserts Market Research Future (MRFR) in an extensive study. The global hydrogenated nitrile butadiene rubber market is expected to catapult to USD 16,467.8 Mn by the end of 2013 from USD 10,215.8 Mn in 2017. In terms of volume, the global hydrogenated nitrile butadiene market is expected to reach 2,019.3 kilo tons by the end of 2023.

The primary factors shaping the growth of the global hydrogenated nitrile butadiene rubber market include increasing demand from diverse end-use industries such as automotive, medical, construction, oil & gas, and machinery. The automotive industry is a major end-use industry for HNBR where it experiences high demand in applications demanding high performance. Desirable properties of HNBR such as excellent resistance to oils & solvents, ozone & weather conditions, temperatures, and other superior mechanical properties lead to increased demand from the automotive industry. The rise in the operating temperatures in vehicles has resulted in the development of harsh automotive fluids such as engine oils and lubricants, which further necessitates the use of specialty elastomers with greater heat,  fluid, and chemical resistance.  HNBR is a prudent solution to this problem faced by  the automotive industry.

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The oil & gas industry to is a significant end user of hydrogenated nitrile butadiene rubber. They are used in industrial sealing for oil field exploration and processing. HNBR enhance drilling and zone isolation to maximize well production. Surging demand of HNBR in Enhanced Oil Recovery (EOR) along with increasing offshore drilling activities are expected to augment the growth of the market.  In addition, they are used as rolls for steel and paper mills, which further drives the market growth.

HNBR is highly preferred as the material for the production of industrial gloves. They protect against mechanical hazards on account of its high thermal, oil, and chemical resistance. Besides, they are also used in the production of medical gloves due to their chemical or solvent resistance. Furthermore, the introduction of the world’s first lightweight nitrile glove in 2005 extended the use of HNBR in manufacturing industrial gloves.

On the downside, the growth of the global hydrogenated nitrile butadiene rubber market might be dampened by their high price as compared to their traditional counterparts. Not only are the materials used for the production of HNBR expensive also its manufacturing involves substantial costs.

Elastomer manufacturers are investing heavily in R&D activities to develop innovative grades of HBNR which can withstand harsh application environments is likely to present growth opportuni9ties to the global hydrogenated nitrile butadiene rubber market.

Competitive Landscape:

Polycomp, Arlanxeo, AirBoss of America Corp., MCM S.p.A., Precision Associates, Inc., ERIKS NV, Rahco Rubber, Inc., Mantaline, Trelleborg Sealing Solutions, and Zeon Corporation are the prominent players in the global hydrogenated nitrile butadiene rubber market.

Segmentation:

The global hydrogenated nitrile butadiene rubber market has been segmented on the basis of product and end-use industry.

On the basis of product, the global hydrogenated nitrile butadiene rubber market has been segmented into HNBR solid and HNBR latex.

By end-use industry, the global hydrogenated nitrile butadiene rubber market has been segmented into automotive, machinery, construction, medical, oil & gas, and others.

Regional Analysis:

Regionally, the global hydrogenated nitrile butadiene rubber market has been segmented into Asia Pacific (APAC), Europe, North America, Latin America, and the Middle East & Africa.

APAC is the largest market for HNBR and is likely to expand at a CAGR of 9.30% over the forecast period. Prolific growth of the automotive industry coupled with rapid industrialization in the region drives the market in APAC. Moreover, due to urbanization, the construction industry has been experiencing a boom consequently fueling the demand for HNBR. Another contributing factor is the presence of raw material suppliers in APAC which further drives the market.

Europe follows APAC closely and is deemed to be the second largest market for HNBR. Established automotive sector in the region and the presence of production base of various automotive companies in countries such as the UK, Germany, Italy, and Spain stimulates the growth of the Europe market. The Europe market is projected to capture a CAGR of 8.07% over the forecast period.

Rising industrial activities in the Middle East & Africa region induces high demand in the global hydrogenated nitrile butadiene rubber market which is likely to register a CAGR of 8.70% over the forecast period.

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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

COVID-19 Study in Detail:

COVID-19 Impact Analysis on Polyvinyl Chloride (PVC) Market

COVID-19 Impact on 3D Printing Materials Market

COVID-19 Outbreak Impact on Carbon black Market

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Rubber Anti-Tack Agents Market Industry Key Players, Trends, Sales, Supply

Rubber Anti-Tack Agents Market:Overview

The global rubber anti-tack agents market share is moderately consolidated. Players in the market are experiencing intense competition in the recent past on account of the extensive presence of major fatty acids production facilities. This is especially true for North America and Asia Pacific where many key production facilities for fatty acid esters are present. Players in the market have entered into partnerships and collaborations with suppliers of raw materials present in Asia Pacific, with an aim to procure the raw materials at low cost. This strategy is adopted by many producers. In addition to this, players have also invested in production facilities in various regions so as to cater to the demands of the end user industries in Asia Pacific. Another strategy which is adopted by industry players operating in the global rubber anti-tack agents market is the development of new products by taking advantage of technological advancements. This is helping players to increase their profitability.

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The robust growth in the automotive industry and increasing modifications in rubber processing are two major drivers, which will boost the growth of the global rubber anti-tack agents market in the period from 2017 to 2025. The rubber anti-tack agents market in Asia Pacific is expected to lead in the coming years. The region, more specifically Indonesia, China, India, and Malaysia is expected to account for over half of the total volume. The flourishing automotive industry, fueled by the increasing disposable income and growing population is the main factor boosting the Asia Pacific rubber anti-tack agents market.

Global Rubber Anti-Tack Agents Market: Brief Description

The self-adhesive characteristic of rubber hinders several purposes that it is used for, and therefore the need for anti-tack agents that can be applied on products in a form of thin layer and achieve the desired durable product. As rubber remains as an essential material for several sectors such as packaging and automobile, the demand in the global rubber anti-tack agents market is expected to remain constantly progressive with a healthy CAGR during the forecast period of 2017 to 2025.

This report on the global market for rubber anti-tack agents is a comprehensive analysis of all the crucial factors that are expected to influence the market over the course of next few years. Some of the key trends of the market have also been highlighted and explored in order to adjudge their near and far implications. Another key feature of the report is the company profile section, wherein several prominent vendors have been analyzed for their market share, geographical outreach, product portfolio, and latest strategic developments. The global rubber anti-tack agents market can be segmented on the basis of product, into fatty acid esters, fatty acid amides, stearates, soaps, silicone polymers, and others. Geographically, the report studies the opportunities available in the regional markets of Asia Pacific, North America, Europe, and Rest of the World.

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Global Rubber Anti-Tack Agents Market: Influential Factors

With growing population across the globe, and increasing disposable income among the urban community, the demand for automobile is at an all-time peak and consequently, the demand for rubber anti-tack agents is escalating, which is used in tire manufacturing. Styrene-butadiene rubber (SBR) is now increasingly used in the tire industry for its property to offer abrasion resistance. Additionally, the modifications in rubber processing has helped the players improve efficiency of the production to meet the incremented demand. In the medical and industrial sector, anti-tack agents are also used to remove the cohesive property of rubber products. Nitrile butadiene rubber (NBR) is now increasingly used to manufacture gloves that prevent transmission of viruses.  Moreover, stearic acid is an important feedstock stearate production, which is commonly present in vegetable and animal oils and fats. Certain stearates such as lead and zinc, which are primarily used in PVC processing, are put under severe environmental regulations and hence the demand is decreasing. This factor is expected to hinder the growth rate during the forecast period.

Global Rubber Anti-Tack Agents Market: Regional Outlook

North America serves the maximum demand for anti-tack agents, primarily driven by the country-wide market of the U.S, owing to factors such as growing awareness pertaining to hygiene by restricting bacteria and virus transmission in the healthcare sector. Growing aging population in the country is also extending the demand for nitrile gloves. Asia Pacific, which resides vast populations, is anticipated to extend the demand at the most robust rate among all regions, gaining from countries such as India, China, and Malaysia wherein automotive industry is thriving. Malaysia is the most prominent rubber manufacturers globally.

Companies mentioned in this research report

Baerlocher, Schill + Seilacher, Evonik, H.L. Blachford, and the Hallstar Company are some of the key companies who hold significant share of the market while Croda International, Lion Specialty Chemicals, King Industries, Peter Greven GmbH, FACI SPA, SASCO Chemical Group, Stephenson Alkon Solutions, and McLube are some of the other notable players. The nature of competition is moderately concentrated and several partnerships and collaborations are underway, or expected during the forecast period, which will somewhat change the rubber anti-tack agents market scenario.

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The global Specialty Nitrile Butadiene Rubber (NBR) Market Size was valued at $589.7million in 2018 and is forecast to grow between 2018-2026

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Aniline derivatives market to reach valuation of us$ 11 BN by 2031: TRANSPARENCY MARKET RESEARCH

Aniline Derivatives Market: Introduction

Transparency Market Research delivers key insights on the global aniline derivatives market. In terms of revenue, the global aniline derivatives market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global aniline derivatives market. Increase in environmental concerns and stringent government regulations are likely to hamper the global aniline derivatives market during the forecast period. On the other hand, rise in the demand for aniline derivatives in rubber and paints & Inks industries is expected to drive the aniline derivatives market.

Aniline Derivatives Market: Dynamics

The global competition in the automotive sector has created challenges in engineering of timing belts with increase in under-the-hood temperatures due to hotter running engines and compact engine compartments. Synthetic rubber is used to design such timing belts. The demand for synthetic rubber has been rising in industrial, automotive, and performance-demanding applications, due to its unique properties. Synthetic rubbers such as nitrile butadiene rubber and polychloroprene are widely used in timing belts for cars, due to their good static and dynamic properties at operational temperatures and good retention properties under continuous heat exposure.

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Aniline derivatives are widely used chemicals for rubber synthesis, as they boost strength and yield. Their high solubility provides versatility for rubber applications such as car tires. Therefore, rise in demand for rubber products in the automotive industry is anticipated to propel the global aniline derivatives market during the forecast period.

The consumption of textiles depends directly on the growth of population and consumer-spending levels, as clothing is one of the basic needs of human beings. According to the United Nations, the global population is estimated to reach 8.5 billion by 2030 and exceed 9.1 billion by 2050. This is anticipated to augment the demand for apparel and clothing in the near future. Of late, China and India have been performing strongly in terms of apparel production and consumption. These economies are expected to maintain high growth rate in the near future. This is anticipated to be a major driver of the apparel industry in China and India during the forecast period. The growth of end-use industries, such as apparel and clothing, in developing countries is likely to lead to a trickle-down effect on the local manufacturing value chain, thereby benefitting domestic manufacturers. Production and consumption of textiles and apparel have shifted from the traditional production centers such as the U.S. and Western Europe toward Asia. Dyes and pigments are widely used in the textile industry. Aniline derivatives are used for processing of dyes and pigments. This is fueling the demand for aniline derivatives in the textile market.

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Aniline Derivatives Market: Prominent Regions

Asia Pacific dominates the global aniline derivatives market. The paints & inks industry in the region is estimated to expand at a rapid pace between 2021 and 2031. This, in turn, is projected to boost the demand of aniline derivatives in Asia Pacific, as aniline derivatives are widely used in paints & inks industry. China is anticipated to be a highly attractive country of the aniline derivatives market in Asia Pacific during the forecast period. End-use industries such as rubber, paints & inks, and textile are witnessing strong growth in the country, due to the rise in urbanization and increase in disposable income of the people. This has boosted the demand for aniline derivatives in China.

North America is likely to be another highly attractive region for aniline derivatives during the forecast period. The U.S. held the major share of the global aniline derivatives market in North America in 2020.

Aniline Derivatives Market: Key Players

Prominent players operating in the global aniline derivatives market are Azelis, Iwaki Seiyaku Co.,Ltd., Aarti Industries Ltd, Industrial Solvents & Chemicals Pvt. Ltd, Kutch Chemicals, Panoli Intermediates India Private Limited, Mitsuboshi Chemical Co.,Ltd, Karoon Petrochemical Company, Premier Group of Industries, Honshu Chemical Industry Co., Ltd, Deepak Novochem Technologies Limited, Indus Chemicals, Valiant Organics Limited, JIGCHEM UNIVERSAL, and Black Rose Industries Ltd.

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Global Aniline Derivatives Market: Segmentation

Aniline Derivatives Market, by Derivative

N-Methyl Aniline (NMA)

N,N-Dimethyl Aniline (DMA)

N-Ethyl Aniline (NEA)

N,N-Diethyl Aniline (DEA)

Aniline Derivatives Market, by Application

Drug Production

Polyurethane

Agrochemicals

Dyes & Pigments

Rubber Processing

Varnishes

Explosives

Others (Amino Resins and Photographic Chemicals)

Aniline Derivatives Market, by End Use

Pharmaceutical

Plastic

Agriculture

Textile

Rubber

Paints & Inks

Others (Photography and Electronics)

Aniline Derivatives Market, by Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

S.

Canada

Germany

France

Spain

Italy

K.

Russia & CIS

Rest of Europe

China

India

Japan

ASEAN

Rest of Asia Pacific

Brazil

Mexico

Rest of Latin America

GCC Countries

South Africa

Rest of Middle East & Africa

Companies in the Aniline Derivatives market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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