Market Overview:
The global nitrile rubber cords market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for nitrile rubber cords in various applications, such as automotive, aerospace, medical, food & beverage, and jewelry. Nitrile rubber cords are also used in other industries such as construction and electrical & electronics. North America is expected to lead the global nitrile rubber cords market during the forecast period owing to the presence of major players in this region and increasing demand for nitrile rubber cords from various end-use industries.
Product Definition:
Nitrile rubber cords are made from synthetic rubber, which is a polymer of butadiene. The cords have good resistance to oil and gasoline and can be used in fuel hoses and other applications where petroleum products are used. They also have good abrasion resistance.
Industrial Grade:
Industrial grade is a form of rubber that has been processed to remove all natural oils and fillers. It has high tensile strength, good elasticity, and excellent resistance to oil & chemicals. Industrial grade can be used in applications where the material must withstand exposure to oil or chemical based fuels such as gasoline or diesel.
Sanitary Grade:
Sanitary grade is a type of rubber that is manufactured to withstand the rigors of the food industry. It can be used in making gloves, gaskets, tubing and hoses as well as other products that come in contact with food. The grade can also be used for non-food related applications such as pharmaceuticals and chemicals where high chemical resistance is required.
Application Insights:
The automotive segment accounted for the largest market share in 2017 and is anticipated to maintain its dominance over the forecast period. The high performance, durability, and reliability of nitrile rubber in extreme conditions are expected to drive its demand from this application segment. In addition, growing product demand from various other end-use industries such as medical equipment & supplies; aerospace & defense; industrial machinery; oil & gas; marine industry etc. is projected to fuel the global market growth over the next eight years.
Nitrile rubber has a wide range of applications across several industries including food processing equipment, consumer goods packaging materials (jewelry), textile coating/printing ink (apparel), pharmaceuticals (sterilization gaskets), paints/coatingings (household appliances) and construction products among others owing to properties such as excellent resistance against solvents, acids.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 45% of the global revenue share. The region is anticipated to witness significant growth in nitrile rubber cord due to increasing demand from end-use industries, such as automotive, medical, food & beverage and others. This can be attributed to rapid industrialization along with growing population in countries like China and India.
China emerged as a major consumer of nitrile rubber cords across the globe owing to its rapidly expanding manufacturing sector including electrical & electronics, machinery etc., which requires high tensile strength products for manufacturing components at low cost. In addition, favorable government policies encouraging domestic production are expected to drive product demand over the forecast period.
Europe was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 till 2030 owing his/her major application areas being aerospace (27%) followed by automotive (22%).
Growth Factors:
- Increasing demand for nitrile rubber cords from automotive and industrial sectors
- Growing popularity of nitrile rubber cords in electrical insulation applications
- Rising investments in research and development activities for the production of better quality nitrile rubber cords
- Proliferation of new applications for nitrile rubber cords across different industries
- Increasing adoption of nitrile rubber cords as an environmentally friendly alternative to traditional materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitrile Rubber Cords Market Research Report
By Type
Industrial Grade, Sanitary Grade
By Application
Automotive, Aerospace, Medical, Food & Beverage, Jewelry, Others
By Companies
PAR Group, The Rubber Company, Polymax Ltd, Shende Sales Corporation, Ramsay Rubber, Shivshankar Rubbber Products, Corseal Ltd, Edge Trims, Altec Extrusions, YodaRubber, Aero Rubber Company, Shree Tirupati Rubber Products, Northern Engineering (Sheffield) Ltd, POLYERUBB INDUSTRIES, Xiamen Xlong Seal, Coruba
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Nitrile Rubber Cords Market Report Segments:
The global Nitrile Rubber Cords market is segmented on the basis of:
Types
Industrial Grade, Sanitary Grade
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, Aerospace, Medical, Food & Beverage, Jewelry, 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:
- PAR Group
- The Rubber Company
- Polymax Ltd
- Shende Sales Corporation
- Ramsay Rubber
- Shivshankar Rubbber Products
- Corseal Ltd
- Edge Trims
- Altec Extrusions
- YodaRubber
- Aero Rubber Company
- Shree Tirupati Rubber Products
- Northern Engineering (Sheffield) Ltd
- POLYERUBB INDUSTRIES
- Xiamen Xlong Seal
- Coruba
Highlights of The Nitrile Rubber Cords 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:
- Industrial Grade
- Sanitary Grade
- By Application:
- Automotive
- Aerospace
- Medical
- Food & Beverage
- Jewelry
- 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 Nitrile Rubber Cords 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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- 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?
Nitrile rubber cords are a type of rubber cord that is made from nitrile rubber. Nitrile rubber is a synthetic Rubber that has low friction and good heat resistance. Nitrile Rubber Cords are used in applications where high temperature or high friction is not required, such as electrical insulation and hoses.
Some of the major companies in the nitrile rubber cords market are PAR Group, The Rubber Company, Polymax Ltd, Shende Sales Corporation, Ramsay Rubber, Shivshankar Rubbber Products, Corseal Ltd, Edge Trims, Altec Extrusions, YodaRubber, Aero Rubber Company, Shree Tirupati Rubber Products, Northern Engineering (Sheffield) Ltd, POLYERUBB INDUSTRIES, Xiamen Xlong Seal, Coruba.
The nitrile rubber cords market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nitrile Rubber Cords Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nitrile Rubber Cords Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nitrile Rubber Cords Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nitrile Rubber Cords Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nitrile Rubber Cords Market Size & Forecast, 2020-2028
4.5.1 Nitrile Rubber Cords Market Size and Y-o-Y Growth
4.5.2 Nitrile Rubber Cords Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Sanitary Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Medical
6.2.4 Food & Beverage
6.2.5 Jewelry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nitrile Rubber Cords Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nitrile Rubber Cords Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Sanitary Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Medical
9.10.4 Food & Beverage
9.10.5 Jewelry
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Sanitary Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Medical
10.10.4 Food & Beverage
10.10.5 Jewelry
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Sanitary Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Medical
11.10.4 Food & Beverage
11.10.5 Jewelry
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Sanitary Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Medical
12.10.4 Food & Beverage
12.10.5 Jewelry
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Sanitary Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Medical
13.10.4 Food & Beverage
13.10.5 Jewelry
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nitrile Rubber Cords Market: Competitive Dashboard
14.2 Global Nitrile Rubber Cords Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PAR Group
14.3.2 The Rubber Company
14.3.3 Polymax Ltd
14.3.4 Shende Sales Corporation
14.3.5 Ramsay Rubber
14.3.6 Shivshankar Rubbber Products
14.3.7 Corseal Ltd
14.3.8 Edge Trims
14.3.9 Altec Extrusions
14.3.10 YodaRubber
14.3.11 Aero Rubber Company
14.3.12 Shree Tirupati Rubber Products
14.3.13 Northern Engineering (Sheffield) Ltd
14.3.14 POLYERUBB INDUSTRIES
14.3.15 Xiamen Xlong Seal
14.3.16 Coruba
