NBR Market Revenue, Trends, Growth Factors, Region and Country Analysis & Forecast To 2030

jack jack 03 November 2022 Follow

The report published on global NBR Market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. The NBR offers precise market scenario crucial real-time information about the developments and advancements in the market to help readers, stakeholders, and investors capitalize on the emerging opportunities. In addition, regional analysis and competitive landscape are covered in the report to offer clear picture of the market growth. Development policies and plans along with manufacturing processes and costs structures are covered in the report.

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NBR is an oil-resistant synthetic rubber made from an acrylonitrile/butadiene copolymer. It is commonly used in fuel hoses, gaskets, rollers, and other products that require oil resistance. The market is divided into three sections: application, end-user industry, and geography and is further divided into five applications: adhesives and sealants, belts and cables, gloves, hoses, gaskets and O-rings, and other applications. Furthermore, it is divided into end-user industries such as automotive and transportation, building and construction, industrial, medical, and other end-user industries.

Major Companies in the Market Include:

  • Lanxess (Germany)
  • China Petroleum & Chemical Corporation or Sinopec (China)
  • Kumho Petrochemical Co., Ltd. (South Korea)
  • TSRC Corporation (Taiwan)
  • JSR Corporation (Japan)
  • LG Chem Ltd. (South Korea)
  • Versalis (Italy)
  • Zeon Corporation (Japan)
  • SIBUR Holding (Russia)
  • OMNOVA Solutions Inc. (U.S.)

The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for NBR Market is expected to rise in the coming years.

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Type Outlook (Revenue, USD Billion; 2019-2030)

  • Pharmaceutical Grade
  • Industrial Grade

Application/ End Use Outlook (Revenue, USD Billion; 2019-2030)

  • Automobile, Transportation
  • Industrial
  • Oil and Gas
  • Mining
  • Construction
  • Medical
  • Other

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Regional Outlook

For comprehensive understanding of market dynamics, the global NBR market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the NBR Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of NBR Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the NBR Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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