Specialty NBR Market Size Worth $768.1 Million by 2025 | CAGR: 4.2%: Grand View Research, Inc.

SAN FRANCISCO, Aug. 13, 2019 /PRNewswire/ -- The global specialty nitrile butadiene rubber market size is expected to reach USD 768.1 million by 2025 expanding at a CAGR of 4.2%, according to a new report by Grand View Research, Inc. Carboxylates NBR is expected to have a high market penetration on account of providing excellent resistance to oils and non-polar solvents. The demand for carboxylated NBR is likely to be driven by its ability to successfully replace polyurethane in the printing rubber roller application and to blend with various substances for durability, release, and temperature. Rising application of printing rubber rollers in abrasive products, glass industries, and conveying equipment is projected to drive the market growth.

Key suggestions from the report:

• Increasing demand for plastic components across several end-use applications, such as packaging, automotive, medical devices, and home appliances, will drive the market
• In terms of revenue, liquid NBR segment is projected to ascend at a CAGR of 3.9% over the forecast period
• Carboxylated NBR was the dominant segment in 2018 and accounting for the largest share of the global specialty NBR market
• Extrusion & calendering application segment dominated the market in 2018 and accounted for a share of 49.8%
• Well-established automotive industry coupled with growing automotive aftermarket in U.S. is estimated to propel gear, friction bearing, and bushes applications. This is likely to fuel the product demand
• Zeon Corporation, JSR Corporation, and Lanxess AG are projected to remain the key market leaders over the projected period
• Product innovation and partnerships with buyers for the development of customized products are projected to remain critical success factors for the industry participants

Read 180 page research report with TOC on "Specialty Nitrile Butadiene Rubber (NBR) Market Size, Share & Trends Analysis Report By Product, By Application (Printing Rubber Rollers, Extrusion & Calendering, Injection Molding), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/specialty-nitrile-butadiene-rubber-nbr-market

Extensive usage of fillers in polymer processing for enhancing the mechanical properties as a result of rising awareness among buyers in automotive and construction sectors is projected to increase the demand for NBR. Gains in extrusion and calendaring segments in emerging economies including China and India on account of growing automotive and construction sectors are expected to fuel the product demand. Furthermore, application growth of gloves and masking tapes as a result of implementation of safety standards in the global manufacturing sector is expected to play a vital role in boosting the product usage in near future.

Grand View Research has segmented global specialty nitrile butadiene rubber (NBR) market on the basis of product, application, and region:

• Specialty NBR Product Outlook (Volume, Thousand Tons; Revenue, USD Thousand, 2014 - 2025)
• Carboxylated NBR
• Bimodal Nitrile Rubber
• Liquid NBR
• Specialty NBR Application Outlook (Volume, Thousand Tons; Revenue, USD Thousand, 2014 - 2025)
• Carboxylated NBR
• Printing Rubber Rollers
• Extrusion & Calendering
• Injection Molding
• Adhesive, Sealant & Mastic
• Bimodal NBR
• Printing Rubber Rollers
• Extrusion & Calendering
• Polymeric Plasticizers
• Phenolic Resins Modifier
• Adhesive, Sealant & Mastic
• Liquid NBR
• Polymeric Plasticizers
• Phenolic Resins Modifier
• Processing Aid
• Adhesive, Sealant & Mastic
• Specialty NBR Application Outlook (Volume, Thousand Tons; Revenue, USD Thousand, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• Russia
• Italy
• France
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa

Find more research reports on Specialty Polymers Industry, by Grand View Research:

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• Fluorinated Ethylene Propylene (FEP) Market – Global Fluorinated ethylene propylene (FEP) market is expected to witness growth on account increasing application in aerospace, food processing, chemical processing and electrical & electronics industries.
• Anti Crease Agent Market – Growing manufacturing textile industry is expected to drive global anti crease agent market over the forecast period.

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About Grand View Research

rand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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