Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Worth to Reach USD 21280.2 MN By 2027
Posted On April 19, 2021
The Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market report evaluates the market revenue to reach USD 21280.2 MN mark in 2027. The CAGR is expected to be close to 9% from 2020 till the end of 2027 according to the newly published report by Value Market Research. The unique properties combined with an easy production process are the fundamental driving forces for this peculiar, hydrogenated nitrile butadiene rubber market. The wide adoption of this rubber type in the automotive sector to manufacture an ample number of dynamic and static seals and hoses will benefit the market's growth. In the industrial sector, the use of NBR to make industrial sealing in oil field exploration and rolls for steel and paper mills will further enhance the market growth. Rapid industrialization and the plethora of NBR applications in building, construction, mining, aerospace, infrastructure, military, and defense industries will be a market booster. The limitations of this market are poor electrical properties and poor flame resistance NBR.
Hydrogenated nitrile butadiene rubber, also referred to as Nitrile rubber, is synthetic rubber obtained from acrylonitrile (ACN) and butadiene. NBR is a peculiar form of rubber resistant to oil, fuel, and other chemicals. It has high-temperature stability, superior strength, puncture-resistant, and less flexibility. NBR is extensively used to make self-sealing fuel tanks, fuel, and oil handling hoses in the automotive industry. In the nuclear industry, it is used to make protective gloves. Nitrile butadiene is also used to produce molded goods, footwear, examination gloves, adhesives, sealants, sponges, and floor mats.
The market dynamics covered in the report "Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Report By Product (HNBR Solid (Seals & O-Rings, Belts & Cables, Hoses, Foamed Products, Adhesives & Sealants, And Others), HNBR Latex (Non-Woven Fabric, Gloves, Paper Saturation, Films & Coating), Others), By End-User (Automotive, Machinery, Oil & Gas, Medical, Construction, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of Product the market is segmented into [HNBR Solid (Seals & O-Rings, Belts & Cables, Hoses, Foamed Products, Adhesives & Sealants, and others), HNBR Latex (Non-Woven Fabric, Gloves, Paper Saturation, Films & Coating), Others]. By End-User the hydrogenated nitrile butadiene rubber (HNBR) market is categorised as Automotive, Machinery, Oil & Gas, Medical, Construction, Others. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market -
- HNBR Solid (Seals & O-Rings, Belts & Cables, Hoses, Foamed Products, Adhesives & Sealants, and others)
- HNBR Latex (Non-Woven Fabric, Gloves, Paper Saturation, Films & Coating)
- Oil & Gas
- North America
- the Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Polycomp, Rahco Rubber, Inc, ARLANXEO, Lianda Corporation, Zeon Chemicals, Elastomer Engineering Ltd., Parker Hannifin., Ge Mao Rubber Industrial Co., Ltd. (GMORS), and KACO GmbH + Co. KG.
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