According to ChemAnalyst report, “Europe Nitrile Butadiene Rubber (NBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, The Nitrile Butadiene Rubber (NBR) market is anticipated to experience a significant rise and reach approximately 650 thousand tonnes in 2032, at an expected CAGR of 5.85% during the forecast period by 2032. The growing demand for Nitrile Butadiene Rubber (NBR) in Automotive, Construction, Medical Gloves, and Other end-use industries is anticipated to result in an expansion of the Nitrile Butadiene Rubber (NBR) market in the forecast period.
Nitrile Butadiene Rubber (NBR) or Buna-N is a stretchy, synthetic rubber. It was founded during the times of WWII. an organic compound with high tensile strength. NBR has many properties including high gas permeability, resistance to wear and tear, thermal resistance, low temperature flexibility. Due to these properties, NBR find application in hose, cable, O-rings, latex applications, seals, moulded and extruded products, adhesives and sealants. Other uses of NBR include the use of NBR powder as impact modifier for PVC and ABS.
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The Nitrile Butadiene Rubber (NBR) market in Europe is driven by its primary driven by its excellent mechanical properties. NBR, as opposed to natural rubber, is more resistant to chemicals, oils, and hydrocarbons Automotive industry is the biggest consumer of NBR, where its use in the production of parts like oil-resistant rollers, seals, and gasoline hoses, among other parts. NBR is also widely used in huge quantities for manufacturing medicals gloves. In comparison to other disposable gloves, Nitrile Gloves have higher chemical resistance. Furthermore, lowering the risk of allergens and dealing with messy powder, nitrile gloves are also free of powder. In the forthcoming years, this industry will robust the growth of NBR market in Europe. Owing to these reasons, the demand for Nitrile Butadiene Rubber (NBR) is anticipated to rise in the forecast period.
The Europe Nitrile Butadiene Rubber (NBR) market is segmented based on end-use, sales channel, and region. Based on demand, Western Europe dominates the Europe Nitrile Butadiene Rubber (NBR) market, consuming approximately 40% of the market in 2021. In Europe, France is the leading Europe producer of Nitrile Butadiene Rubber (NBR), producing approximately 24% of the Nitrile Butadiene Rubber (NBR) in 2021.
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Based on end-uses, the Nitrile Butadiene Rubber (NBR) market is divided into Automotive, Construction, Medical Gloves, and Other end-use industries. Among these, the Automotive industry is dominating the market. This industry solely consumed approximately 40% of the market in 2021.This industry is expected to expand in the forecast years, owning up to the growing demand of vehicles and automotive components.
“Europe Nitrile Butadiene Rubber (NBR) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2032”, the significant players functional in the Nitrile Butadiene Rubber (NBR) market are Nitrile Butadiene Rubber (NBR) are Arlanxeo, Omnova Solutions/Synthomer, Synthos SA, Versalis, and SIBUR/Sinopec (Krasnoyarsk rubber plant).
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