Global Nitrile Butadiene Rubber (NBR) Powder Market 2019-2025: Size, Share & Trends Analysis Report by Product and Application - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 25, 2019--The “Nitrile Butadiene Rubber (NBR) Powder Market Size, Share & Trends Analysis Report By Product (Linear, Crosslinked), By Application (PVC Modification, Automotive, Construction), And Segment Forecasts, 2019 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global nitrile butadiene rubber powder market size is expected to reach USD 586 million by 2025. It is projected to expand at a CAGR of 5.8% during the forecast period. Cross-linked NBR is likely to witness the fastest growth, on account of increasing usage of the product in consumer goods and PVC modification sectors.
Nitrile rubber powder is significantly used as a major ingredient for developing industrial rubber goods and automotive body components. It is used in a wide array of industries that require materials providing superior resistance to oil, chemicals, and fuels. The powder is widely used as a PVC modifier and processing aid for manufacturing hoses, cables, automotive brake pads, and gaskets. Linear NBR powders can be favorably blended with other chemicals and materials, such as fillers and plasticizers. This product is utilized in injection molding as well as extrusion applications.
PVC modification emerged as the largest application segment in the global NBR powder market in 2017. It is likely to remain the largest consumer segment during the forecast period, owing to extensive use of NBR powder for offering low mold fouling and superior oil resistance in processing PVC products such as hoses and belts.
Applications such as automotive, construction, consumer goods, and footwear substantially consume NBR powder. Consumer goods and footwear are projected to be the fastest growing application segments over the next couple of years. Rapid utilization of rubber goods in various sectors including household appliances, transportation, agriculture and farming, and leisure and sports is estimated to further drive the demand by 2025.
Asia Pacific and RoW are expected to witness high growth owing to increasing industrialization activities. Presence of substitutes to NBR powder grade, such as heat resistant grade and liquid NBR grade, are anticipated to restrain market growth over the forecast period.
Further key findings from the report suggest:
Chapter 1 Methodology & Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources
Chapter 2 Executive Summary 2.1 Market Snapshot
Chapter 3 Market Variables, Trends & Scope 3.1 Market segmentation & scope 3.2 Penetration & growth prospect mapping 3.3 Value chain analysis 3.4 Nitrile rubber powder market dynamics 3.4.1 Market Driver Analysis 220.127.116.11 Growing use of PVC plastics 18.104.22.168 Growth of global automotive Industry 3.4.2 Market restraint analysis 22.214.171.124 Rising demand for substitutes 3.5 Nitrile rubber powder market Porter’s analysis 3.6 Nitrile rubber powder - PESTEL Analysis
Chapter 4 Nitrile Rubber Powder Market: Product Estimates & Trend Analysis 4.1 Product Movement Analysis & Market Volume Share, 2016 & 2025 4.2 Linear 4.3 Cross-linked
Chapter 5 Nitrile Rubber Powder Market: Application Estimates & Trend Analysis 5.1 Application Movement Analysis & Market Volume Share, 2016 & 2025 5.2 PVC Modification 5.3 Automotive 5.4 Construction 5.5 Footwear 5.6 Consumer Goods 5.7 Others
Chapter 6 Nitrile Rubber Powder Market: Regional Estimates & Trend Analysis, by Product & Application 6.1 Regional Movement Analysis & Market Volume Share, 2016 & 2025 6.2 North America 6.3 Europe 6.4 Asia Pacific 6.5 RoW
Chapter 7 Competitive Landscape 7.1 Ranking of key market players, 2016 7.2 Competitive environment, 2015 7.3 Company market positioning 7.4 Strategy framework
Chapter 8 Company Profiles 8.1 Lanxess AG 8.2 Zeon Chemicals L.P. 8.3 Omnova Solutions Inc. 8.4 Sibur Holding 8.5 Taprath Elastomers LLP 8.6 Shijiazhuang Wuyuan Commercial and Trade Co. Ltd. 8.7 Huangshan Hualan Technology Co. Ltd. 8.8 Nitriflex S.A. Indstria e Comrcio 8.9 LG Chem. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/h6f2f3/global_nitrile?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190225005630/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/25/2019 09:43 AM/DISC: 02/25/2019 09:43 AM