The copolymerization of butadiene with acrylonitrile produces nitrile butadiene rubber (NBR), often known as Buna-N or nitrile rubber. Synthetic rubber Nitrile butadiene rubber is a copolymer of acrylonitrile and butadiene. It has strong elongation properties, exceptional to good resistance to compression set, acceptable elasticity and tensile strength, but poor flame and steam resistance. It is most commonly used in applications where strong oil resistance is required, such as B. Automobile seals, gaskets and other items that come in contact with hot oils.
The globe Bimodal nitrile rubber The market was valued at USD 284.37 million in 2021 and is expected to reach USD 510.97 million by 2029, growing at a CAGR of 7.60% over the forecast period 2022-2029. Along with the market insights such as market value, growth rate, market segments, geographic coverage, market players, and market scenario, the market report curated by Data Bridge market research team also provides in-depth expert analysis and import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Market analysis and size
The demand for the product is fueled by the expected significant growth in the global market for adhesives and sealants. In the coming years, the demand for bimodal nitrile rubber specialty products is expected to be significantly impacted by the growing demand for materials with high strength and abrasion resistance in the automotive, marine and aerospace industries. As a result, the market is predicted to be at an accelerated pace of growth over the forecast period.
The most updated and advanced tools and techniques have been employed to create the compelling Bimodal Nitrile Rubber market research report in an excellent manner in order to ensure maximum benefit for the client. This market report provides the relevant information about specific niches, thus saving a lot of time that could otherwise be invested in decision making. The company profiles of all the leading market players and brands are included in the Bimodal Nitrile Rubber business report, which outlines their steps such as product launches, product improvements, joint ventures, mergers and acquisitions and their impact on sales, import, export, sales, and CAGR values.
Bimodal Nitrile Rubber competitive landscape and market share analysis
Bimodal Nitrile Rubber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, R&D investments, new market initiatives, global footprint, manufacturing locations and facilities, manufacturing capabilities, company strengths and weaknesses, product launch, product breadth and breadth, application dominance. The data points provided above are only related to the companies focus regarding the Bimodal Nitrile Rubber market.
Some of the major players in the Bimodal Nitrile Rubber market are
- Versalis SpA (Italy)
- Anqing Hualan Technology Co., Ltd. (China)
- ARLANXEO (Netherlands)
- KUMHO PETROCHEMICAL (South Korea)
- JSR Corporation (Japan)
- LG Chem (South Korea)
- ZEON CORPORATION (Japan)
- SIBUR International GmbH (Austria)
- OMNOVA Solutions Inc. (USA)
- PetroChina Company Limited (China)
- AirBoss of America Corp. (Canada)
- Atlantic Gasket Corporation (USA)
- Precision Associates, Inc. (USA)
- Hanna Rubber Company (USA)
- DOW (USA)
- BASF SE (Germany)
- LANXESS (Germany)
- China Petroleum & Chemical Corporation (China)
- NANTEX Industry Co.,Ltd. (Taiwan)
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Impact of COVID-19 on the Bimodal Nitrile Rubber Market
The recent outbreak of the coronavirus has had a significant impact on the bimodal nitrile rubber market. During the COVID-19 epidemic, medical supplies and products saw an increasing demand. The nitrile butadiene rubber industry as a whole has grown significantly, particularly with the latex gloves used for medical purposes to stop the transmission of the virus. Likewise, government travel restrictions have boosted the e-commerce trend. Many people chose to shop online. Therefore, the rise of the nitrile butadiene rubber market has been fueled by commercial vehicle sales as a result of the expansion of internet marketing.
Global Bimodal Nitrile Rubber Market Scope
The bimodal nitrile rubber market is segmented by type, application and end-user. The growth in these segments will help you analyze lean growth segments in the industries, providing users with valuable market overview and market insights to help them make strategic decisions to identify core market applications.
- pressure rubber rollers
- extrusion and calendering
- polymeric plasticizers
- phenolic resin modifier
- sealant and mastic
- O-rings and seals
- straps and cables
- Molded and extruded products
- adhesives and sealants
- automobile and transportation
- oil and gas
- mining and metallurgy
Bimodal Nitrile Rubber Market Geographical Assessment is:
North America (United States, Canada, North American countries and Mexico),
Europe (Germany, France, Great Britain, Russia and Italy),
Asia Pacific (China, Japan and Korea, Asian nation, India and Southeast Asia),
South America (Brazil, Argentina, Republic of Colombia, etc.),
Middle East and Africa (Saudi Arabian Peninsula, United Arab Emirates, Egypt, Nigeria and South Africa)
Frequently asked Questions:
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