The global demand for Nitrile Butadiene Rubber Latex Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Nitrile butadiene rubber (NBR) latex is synthetic latex used for making medical and laboratory gloves, etc. It is also known as nitrile rubber, Buna-N, and acrylonitrile-butadiene rubber. NBR latex is widely used for application requiring fuel, oil, and chemical resistance. The uses of nitrile latex in the automotive industry include seals and grommets, fuel and oil hoses, and water handling applications. It offers excellent tensile strength, oil resistance, etc.
The increasing demand for personal protective equipment in for healthcare sector and industries is propelling the demand for NBR latex. Nitrile butadiene rubber latex is recognised as a keystone for industrial and automotive rubber products. With demand expected to rise from glove manufacturers globally, players within the market are expanding their manufacturing capacity intended to support the demand and development of nitrile latex products for the medical and industrial glove industry. NBR latex has also been extended for industrial and cooking purposes through the continuous improvement of its physical properties. Products are innovated with more elaborate work, by enhancing physical stability and tensile strength, based on solid partnerships with customers.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of nitrile butadiene rubber latex.
The entire nitrile butadiene rubber latex market has been sub-categorized into product and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Medical Grade
- Industrial Grade
This section covers regional segmentation which accentuates on current and future demand for nitrile butadiene rubber latex market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Nitrile Butadiene Rubber Latex Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the nitrile butadiene rubber latex market include LG Chem, Synthomer, Zeon Chemicals, Omnova Solutions, Kumho Petrochemicals. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.