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High Demand for Nitrile Butadiene Rubber in the Medical Industry is expected to Drive Global Particles Crumb NBR Market: Ken Research

Nitrile Rubber (NBR) is synthetic rubber copolymer made by polymerization of acrylonitrile (ACN) and butadiene (BD) and has property of nitrile rubber with resistance as equivalent to aliphatic hydrocarbon oils and fuels. Nitrile butadiene rubber (NBR) is a synthetic rubber which provides excellent resistance to petroleum-based oils as well as mineral and vegetable oil. The NBR is commonly known as Buna-N, and is formed by the copolymerization of acrylonitrile and butadiene. It also known as base of rubber products in various sectors including automotive and industrial. Nitrile rubber has a great material choice for applications that necessitate abrasion resistance and metal adhesion. The strong resistances, nitrile material are used in applications involving oil, fuel, and chemical resistance, but also those that require resistance to heat, abrasion, water, and gas permeability. Nitrile rubber is typically used in high oil resistance is required, as in automotive seals, gaskets, or other items subject to contact with hot oils.

According to study, “Global Particles Crumb NBR Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global particles crumb NBR market are LANXESS AG, Ningbo Shunze, Zeon Chemicals, Sibur Holdings , CNPC, IndustriasNegromex, Nantex Industry, Versalis, KKPC, HuangshanHualan Technology, LG, Nanjing Xinfeima Chemical, JSR Corp., JiangyinZhengbang Chemicals, Petrobras Argentina, Synthomer, IndustriasNegromex, Bayer, DSM Polymer, Kumho Petrochemical, Petroflex, Lubrizol, Sibur Holding JSC Synthos

Based on type, particles crumb NBR market is segmented into high level particles crumb NBR and low level particles crumb NBR. In addition, based on application, market is segmented into automobiles industry, machinery industry, construction industry, aprons & cots industry and others. Automobile industry dominates the market owing to increase in production of commercial vehicles, passenger cars, and motor cycles. Additionally, the aprons & cots industry is anticipated to witness higher growth due to rise in health concerns during the forecast period.

The particles crumb NBR market is driven by growth in demand from automotive industry, followed by rise in demand for NBR gloves, increase in awareness regarding radiation prevention. NBR is wide scale application in automotive industry, O-rings, belts, and cables. Moreover, it also used in treads and sidewalls of tires, as it supports good abrasion and low rolling resistance, which ensure high performance. Apart from such benefits, NBR is a low-cost alternative to natural rubber with improved properties. However, availability of substitute materials and fluctuating raw material prices may impact the market. Moreover, growth in end-use industries is a key opportunity for market.

Based on geography, the Asian-Pacific region holds major share in particles crumb NBR market owing to rise in production of automotive components and molded & extruded polymer products coupled with rapid industrialization in the region. Whereas, the North-American and European regions are estimated to illustrate a stabilized growth trend due to increase in awareness towards the health & safety of workers and growth in stringent government regulations pertaining to occupational hazards are anticipated to boost the usage of NBR industrial gloves over the forecast period.

For More Information, click on the link below:-

Global Particles Crumb NBR Market Research Report

Related Reports:-

Particles Crumb NBR Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Particles Crumb NBR Market Analysis 2013-2018 and Forecast 2019-2024

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