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NBR Market by Application (O-Rings & Seals, Hoses, Belts & Cables, Molded & Extruded Products, Adhesives & Sealants, Gloves), End-use Industry (Automotive & Transportation, Industrial, Oil & Gas, Medical), and Region - Global Forecast 2022

NBR Market by Application (O-Rings & Seals, Hoses, Belts & Cables, Molded & Extruded Products, Adhesives & Sealants, Gloves), End-use Industry (Automotive & Transportation, Industrial, Oil & Gas, Medical), and Region - Global Forecast 2022

“The NBR market is projected to grow at a CAGR of 7.0% during forecast period.”
The Nitrile Butadiene Rubber (NBR) market is projected to grow from USD 992.4 million in 2017 to USD 1,393.0 million by 2022, at a CAGR of 7.0% during the forecast period. NBR is a synthetic rubber manufactured from the copolymer of acrylonitrile and butadiene. The presence of acrylonitrile in NBR determines its strength, resistance to hydrocarbon oils, and permeability to gases. NBR is primarily used to develop fuel hoses, gaskets, rollers, seals, and self-sealing fuel tanks, owing to oil resistance and heat stability. It is also used to manufacture gloves, molded & extruded products, adhesives & sealants, cables, sponges, expanded foams, and floor mats. The increasing applicability of NBR in various end-use industries, such as automotive & transportation, oil & gas, metallurgy & mining, construction, and medical, is projected to drive the growth of the NBR market. However, restrictions on the use of phthalates in NBR formulations and availability of substitute materials are acting as restraints to the growth of the NBR market.

“The O-rings & seals is the fastest-growing application segment of the NBR market.”
The O-rings & seals segment is the largest application segment of the NBR market. NBR is widely used in the production of O-rings & seals due to its desirable properties that include low compression set, high tensile strength, and improved abrasion resistance as well as oil resistance. O-rings & seals are used in end-use industries, such as manufacturing, oil & gas, and automotive.

“The automotive & transportation end-use industry segment accounted for the largest share of the NBR market.”
NBR is used in tire and non-tire applications in the automotive & transportation industry. Tires are expected to maintain performance in adverse weather and surface conditions while adhering to stringent safety norms of various countries. The increasing demand for tires offering a smooth ride with improved fuel efficiency has compelled automotive manufacturers to use NBR for the development of tires, which are used in military vehicles and heavy-duty vehicles. NBR is also used in the manufacture of coated tire cord fabrics providing fundamental properties, such as controlled deformation, high strength and affinity, and improved abrasion resistance.

“The Asia Pacific region is the fastest-growing market for NBR.”
The NBR market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increase in the production of automobiles in Asia Pacific countries. China is projected to be a key market for NBR in the Asia Pacific region, followed by South Korea and Japan. Southeast Asian countries, such as Thailand, Indonesia, and Malaysia, have become an emerging hub for automobile production, due to the increased disposable income of the middle-class population in these countries. All these factors have equally contributed to the growth of the NBR market in the Asia Pacific region.

Extensive primary interviews have been conducted to determine and verify the market size for several segments and subsegments listed in this report.

The break-up of primary interviews is mentioned below:
By Company Type - Tier 1 - 43%, Tier 2 - 25%, and Tier 3 - 32%
By Designation - D Level - 32%, C Level - 23%, and Others* - 45%
By Region - North America - 23%, Europe - 19%, Asia Pacific - 35%, South America - 15%, Middle East & Africa - 8%

Note: The tiers of companies are defined on the basis of their total revenue, as of 2016: Tier 1 = >USD 500 million, Tier 2 = USD 100-500 million, and Tier 3 = <USD 100 million.
*Others include sales managers, marketing managers, and product managers.

Key companies operating in the NBR market include LANXESS (Germany), Sinopec (China), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), JSR Corporation (Japan), LG Chem (South Korea), SIBUR Holding (Russia), ZEON Corporation (Japan), Versalis S.p.A. (Italy), and OMNOVA Solutions Inc. (US).

Research Coverage:
This research report categorizes the NBR market on the basis of application, end-use industry, and region. The report includes detailed information regarding factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the NBR market. A comprehensive analysis of key industry players has been performed to provide insights into business overviews, products & services, key strategies, and recent developments associated with the market.

Reasons to Buy the Report
The report will help market leaders/new entrants in the NBR market in the following ways:
1. This report segments the NBR market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.

2. The report will help stakeholders understand the pulse of the market and provide information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand major competitors and gain insights to enhance their position in the market. The competitive landscape section includes expansions, new product developments, and agreements.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS & LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES FOR NBR
    • NBR MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • GDP GROWTH RATE FORECAST OF MAJOR ECONOMIES, GLOBALLY
        • Table TRENDS AND FORECAST FOR GDP GROWTH RATES BETWEEN 2016 AND 2021
      • AUTOMOTIVE INDUSTRY ANALYSIS
        • Table AUTOMOTIVE PRODUCTION STATISTICS OF KEY COUNTRIES IN 2017
    • RUBBER INDUSTRY ANALYSIS
      • Table RUBBER PRODUCTION/CONSUMPTION RATIO IN APAC
  • NBR MARKET, BY APPLICATION
    • INTRODUCTION
      • Table NBR MARKET SIZE, BY APPLICATION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • O-RINGS & SEALS
      • Table NBR MARKET SIZE IN O-RINGS & SEALS APPLICATION, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN O-RINGS & SEALS APPLICATION, BY REGION, 2015-2022 (USD MILLION)
    • HOSES, BELTS & CABLES
      • Table NBR MARKET SIZE IN HOSES, BELTS & CABLES APPLICATION, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN HOSES, BELTS & CABLES APPLICATION, BY REGION, 2015-2022 (USD MILLION)
    • MOLDED & EXTRUDED PRODUCTS
      • Table NBR MARKET SIZE IN MOLDED & EXTRUDED PRODUCTS APPLICATION, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN MOLDED & EXTRUDED PRODUCTS APPLICATION, BY REGION, 2015-2022 (USD MILLION)
    • ADHESIVES & SEALANTS
      • Table NBR MARKET SIZE IN ADHESIVES & SEALANTS APPLICATION, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN ADHESIVES & SEALANTS APPLICATION, BY REGION, 2015-2022 (USD MILLION)
    • GLOVES
      • Table NBR MARKET SIZE IN GLOVES APPLICATION, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN GLOVES APPLICATION, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table NBR MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2015-2022 (USD MILLION)
  • NBR MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • AUTOMOTIVE & TRANSPORTATION
      • Table NBR MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
    • INDUSTRIAL
      • Table NBR MARKET SIZE IN INDUSTRIAL SEGMENT, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN INDUSTRIAL SEGMENT, BY REGION, 2015-2022 (USD MILLION)
    • OIL & GAS
      • Table NBR MARKET SIZE IN OIL & GAS INDUSTRY, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN OIL & GAS INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
    • MINING & METALLURGY
      • Table NBR MARKET SIZE IN MINING & METALLURGY INDUSTRY, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN MINING & METALLURGY INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
    • CONSTRUCTION
      • Table NBR MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN CONSTRUCTION INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
    • MEDICAL
      • Table NBR MARKET SIZE IN MEDICAL INDUSTRY, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN MEDICAL INDUSTRY, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table NBR MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2015-2022 (USD MILLION)
  • NBR MARKET, BY REGION
    • INTRODUCTION
      • Table NBR MARKET, BY REGION, 2015-2022 (KILOTON)
      • Table NBR MARKET, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICAN LIGHT-VEHICLE PRODUCTION
      • Table NORTH AMERICA: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: NBR MARKET, BY APPLICATION, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: NBR MARKET , BY APPLICATION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table NORTH AMERICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • US
        • Table LEADING PORTS EXPORTING LIGHT VEHICLE GOODS
        • Table US: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table US: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table CANADA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • MEXICO
        • Table MEXICO ACCOUNTS FOR NEARLY HALF OF THE CAR PRODUCTION IN NORTH AMERICA
        • Table MEDICAL DEVICE AND EQUIPMENT MARKET SIZE IN MEXICO (USD MILLION):
        • Table MEXICO: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table MEXICO: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table EUROPE: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: NBR MARKET, BY APPLICATION, 2015-2022 (KILOTON)
      • Table EUROPE: NBR MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table EUROPE: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table EUROPE: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table GERMANY: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table FRANCE: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • UK
        • Table UK: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table UK: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • ITALY
        • Table ITALY: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table ITALY: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table RUSSIA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table REST OF EUROPE: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • APAC
      • Table APAC: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table APAC: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table APAC: NBR MARKET, BY APPLICATION, 2015-2022 (KILOTON)
      • Table APAC: NBR MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table APAC: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table APAC: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • CHINA
        • Table CHINA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table CHINA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table JAPAN: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table SOUTH KOREA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • TAIWAN
        • Table TAIWAN: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table TAIWAN: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table MALAYSIA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • THAILAND
        • Table THAILAND: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table THAILAND: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table REST OF APAC: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: NBR MARKET, BY APPLICATION, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: NBR MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table MIDDLE EAST & AFRICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • SAUDI ARABIA
        • Table AUTOMOTIVE COMPONENTS MANUFACTURERS IN SAUDI ARABIA
        • Table SAUDI ARABIA: AUTOMOTIVE PARTS IMPORT EXPORT OVERVIEW, 2015
        • Table SAUDI ARABIA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table SAUDI ARABIA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table REST OF MIDDLE EAST & AFRICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: NBR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: NBR MARKET, BY APPLICATION, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: NBR MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
      • Table SOUTH AMERICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table BRAZIL: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (KILOTON)
        • Table REST OF SOUTH AMERICA: NBR MARKET SIZE, BY END-USE INDUSTRY, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING OF KEY PLAYERS
    • COMPETITIVE SCENARIO
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2012-2017
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2017
      • JOINT VENTURES
        • Table JOINT VENTURES, 2012-2017
      • ACQUISITIONS
        • Table ACQUISITIONS, 2012-2017
      • PARTNERSHIPS
        • Table PARTNERSHIPS, 2012-2017
  • COMPANY PROFILES
    • LANXESS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • LANXESS: SWOT ANALYSIS
      • MNM VIEW
    • SINOPEC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SINOPEC: SWOT ANALYSIS
      • MNM VIEW
    • KUMHO PETROCHEMICAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • KUMHO PETROCHEMICAL: SWOT ANALYSIS
      • MNM VIEW
    • TSRC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • TSRC CORPORATION: SWOT ANALYSIS
      • MNM VIEW
    • JSR CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • JSR CORPORATION: SWOT ANALYSIS
      • MNM VIEW
    • LG CHEM
      • OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • VERSALIS S.P.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ZEON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIBUR HOLDING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OMNOVA SOLUTIONS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OTHER PLAYERS
      • SYNTHOS SA
      • APCOTEX INDUSTRIES LIMITED
  • APPENDIX
    • INSIGHTS FROM KEY INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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