In 2012, the Global Nitrile Butadiene Rubber (NBR)Market was evaluated around USD 1.69 billion and is expected to reach approximately USD 3.29 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 6.86% over the forecast period on account of growing requirement for high-quality plasticizers due to their brilliant mechanical characteristics.

Additionally, rising NBR demand in the production of several automobile components involving dash boards, kick panels, brake pads, and brake lining is projected to drive the growth of the global market. NBRs capability to uphold an extensive temperatures range makes it the best material for the applications in aerospace industry. Expansion in the aerospace industry, particularly in emerging regions is expected to fuel the global NBR market during the forecast period. Also, stiffness and hardness of NBR make it a perfect material for nuclear industry applications.

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NBR is chemical resistant as well as heat resistant and hence it is used over an extensive range of industrial and automotive applications. NBR is used as a substitute to latex materials owing to its high strength, puncture resistant and excellent flexibility properties. Major applications of NBR are; the manufacturing of medical & industrial gloves, adhesives, hose, sealants, cables, and belting. Moreover, speedy industrialization along with infrastructure expansion in several regions is expected to fuel the growth of NBR market in emerging countries during next few years.

Major applications of NBR observed in this report involve molded & extruded products, belting & cable, hose, adhesive & sealants, seals & O-rings, industrial & medical gloves, and others involving oil field products, cement, weather stripping cables and gaskets. Medical & Industrial gloves are expected to be the top growing application section while, belting, cable & hose has been the leading application section of the global NBR industry. NBR is widely utilized in oilfields for various applications such as, blow out preventers, seals, and Packers. Also, NBR is widely used in the automobile sector for the production of underhood components where temperatures constantly vary owing to compress airflow inside small engine compartments.

Major Market Players:

• Zeon Chemicals
• Lanxess AG
• Synthos S.A.
• Omnova Solutions
• Kumho Petrochemical Co.
• Versalis
• Sibur Holding
• JSR Corporation

The Global Nitrile Butadiene Rubber (NBR) Market is segmented as follows –

By Product

• Hose, belting and cable
• Adhesives and sealants
• Industrial and medical gloves
• Seals and O-rings
• Molded and extruded products
• Others

By End User

• Automotive
• Machinery
• Cots & aprons
• Construction
• Plastic modification
• Wires & cables
• Others

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