Market Overview:
The global fast curing nitrile butadiene rubber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fast curing nitrile butadiene rubber from various end-use industries, such as automotive, mechanical engineering, mining, construction and others. In terms of type, the cold curing nitrile butadiene rubber segment is projected to lead the global market during the forecast period owing to its properties such as high resistance against oil and fuel leakage and low compression set values. In terms of application, the automotive segment is projected to lead the global market during the forecast period owing to its growing demand for fuel-efficient vehicles across different regions.
Product Definition:
Fast curing nitrile butadiene rubber (NBR) is a type of synthetic rubber that is known for its high resistance to chemicals and oils. It has a good abrasion resistance and can be used in applications where there is a risk of contact with aggressive chemicals. Fast curing NBR products are typically used in the automotive, oil and gas, and construction industries.
Cold Curing Nitrile Butadiene Rubber:
Cold curing NCB is a polymer with low-temperature cure characteristics. It has applications in various end-use industries such as automotive, construction, electrical & electronics and consumer goods owing to its superior properties including high strength and abrasion resistance. Cold curing NCB also provides protection against moisture which is an important factor for the application in the consumer good industry.
Hot Curing Nitrile Butadiene Rubber:
Hot curing is a method of polymerization in which the uncured material is heated to its softening point and then forced with high pressure through a die or calender. The process takes less time as compared to the conventional methods such as room temperature cure or slow cure. It also has better adhesion properties, tensile strength and impact resistance along with being able to mold into any shape than other processes.
Application Insights:
The automotive segment dominated the global market in terms of revenue share in 2017. The global automotive industry is witnessing a paradigm shift due to rising awareness regarding environment protection and energy conservation. Governments across the world are making stringent regulations for reducing vehicle emissions which is expected to drive product demand over the forecast period.
Nitrile butadiene rubber finds application as an anti-friction material in automobile manufacturing owing to its superior properties such as high temperature resistance, abrasion resistance, and good resilience under stress. It has excellent heat transfer characteristics and can be used for various applications including engine assembly, transmission components, brake systems & discs & pads etc.
Regional Analysis:
Asia Pacific dominated the global fast curing nitrile butadiene rubber market in terms of revenue with a share of over 45.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from industries including automotive, construction, and others for infrastructural development coupled with rising disposable income levels among consumers.
The growing population and rapid urbanization have resulted in an increased need for transportation infrastructure across Asia Pacific countries such as India, China, Indonesia, Malaysia Philippines Russia Thailand Vietnam etc., which is anticipated to drive product demand during the forecast period. In addition, favorable government policies promoting investments through FDI are also expected to boost industry expansion over the coming years.
North America accounted for a major share followed by Europe on account of high consumption volumes generated by end-use industries such as automotive.
Growth Factors:
- Increasing demand for fast curing nitrile butadiene rubber in automotive and aerospace industries due to its properties such as high strength, durability, and resistance to abrasion.
- Rising demand for fast curing nitrile butadiene rubber from construction and electrical & electronics industries due to its properties such as high thermal stability, weathering resistance, and electrical insulation.
- Growing use of fast curing nitrile butadiene rubber in medical applications owing to its properties such as biocompatibility and non-toxicity.
- Increasing research & development activities by market players for the development of new products with better performance characteristics that can cater to the needs of various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Fast Curing Nitrile Butadiene Rubber Market Research Report
By Type
Cold Curing Nitrile Butadiene Rubber, Hot Curing Nitrile Butadiene Rubber
By Application
Automotive, Mechanical Engineering, Mining, Construction, Others
By Companies
Lanxess AG, JSR Corporation, Zeon Chemicals, LG Chemicals, PetroChina, BASF, Huangshan Hualan Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Fast Curing Nitrile Butadiene Rubber Market Report Segments:
The global Fast Curing Nitrile Butadiene Rubber market is segmented on the basis of:
Types
Cold Curing Nitrile Butadiene Rubber, Hot Curing Nitrile Butadiene Rubber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Mechanical Engineering, Mining, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lanxess AG
- JSR Corporation
- Zeon Chemicals
- LG Chemicals
- PetroChina
- BASF
- Huangshan Hualan Technology
Highlights of The Fast Curing Nitrile Butadiene Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cold Curing Nitrile Butadiene Rubber
- Hot Curing Nitrile Butadiene Rubber
- By Application:
- Automotive
- Mechanical Engineering
- Mining
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fast Curing Nitrile Butadiene Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fast curing nitrile butadiene rubber is a type of rubber that cures quickly, making it ideal for applications where speed is important. This type of rubber is often used in products that need to be quick-drying, such as rainwear and footwear.
Some of the major players in the fast curing nitrile butadiene rubber market are Lanxess AG, JSR Corporation, Zeon Chemicals, LG Chemicals, PetroChina, BASF, Huangshan Hualan Technology.
The fast curing nitrile butadiene rubber market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fast Curing Nitrile Butadiene Rubber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fast Curing Nitrile Butadiene Rubber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fast Curing Nitrile Butadiene Rubber Market - Supply Chain
4.5. Global Fast Curing Nitrile Butadiene Rubber Market Forecast
4.5.1. Fast Curing Nitrile Butadiene Rubber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fast Curing Nitrile Butadiene Rubber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fast Curing Nitrile Butadiene Rubber Market Absolute $ Opportunity
5. Global Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Type
5.3.1. Cold Curing Nitrile Butadiene Rubber
5.3.2. Hot Curing Nitrile Butadiene Rubber
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Mechanical Engineering
6.3.3. Mining
6.3.4. Construction
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fast Curing Nitrile Butadiene Rubber Demand Share Forecast, 2019-2026
9. North America Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Mechanical Engineering
9.4.3. Mining
9.4.4. Construction
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Type
9.7.1. Cold Curing Nitrile Butadiene Rubber
9.7.2. Hot Curing Nitrile Butadiene Rubber
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fast Curing Nitrile Butadiene Rubber Demand Share Forecast, 2019-2026
10. Latin America Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Mechanical Engineering
10.4.3. Mining
10.4.4. Construction
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Type
10.7.1. Cold Curing Nitrile Butadiene Rubber
10.7.2. Hot Curing Nitrile Butadiene Rubber
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fast Curing Nitrile Butadiene Rubber Demand Share Forecast, 2019-2026
11. Europe Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Mechanical Engineering
11.4.3. Mining
11.4.4. Construction
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Type
11.7.1. Cold Curing Nitrile Butadiene Rubber
11.7.2. Hot Curing Nitrile Butadiene Rubber
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fast Curing Nitrile Butadiene Rubber Demand Share, 2019-2026
12. Asia Pacific Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Mechanical Engineering
12.4.3. Mining
12.4.4. Construction
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Type
12.7.1. Cold Curing Nitrile Butadiene Rubber
12.7.2. Hot Curing Nitrile Butadiene Rubber
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fast Curing Nitrile Butadiene Rubber Demand Share, 2019-2026
13. Middle East & Africa Fast Curing Nitrile Butadiene Rubber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Mechanical Engineering
13.4.3. Mining
13.4.4. Construction
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fast Curing Nitrile Butadiene Rubber Market Size and Volume Forecast by Type
13.7.1. Cold Curing Nitrile Butadiene Rubber
13.7.2. Hot Curing Nitrile Butadiene Rubber
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fast Curing Nitrile Butadiene Rubber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fast Curing Nitrile Butadiene Rubber Market: Market Share Analysis
14.2. Fast Curing Nitrile Butadiene Rubber Distributors and Customers
14.3. Fast Curing Nitrile Butadiene Rubber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lanxess AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. JSR Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zeon Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LG Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PetroChina
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BASF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huangshan Hualan Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
