Market Overview:
The global nitrile rubber latex market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for nitrile rubber latex in various applications, such as gloves, paper, fabrics, gaskets and others. Nitrile rubber latex is a synthetic polymer that is derived from acrylonitrile (ACN). It exhibits excellent properties such as resistance to oil and fuel, good abrasion resistance and high tensile strength. These properties make it suitable for use in various applications such as automotive components, medical devices and hoses & tubing. North America dominates the global nitrile rubber latex market due to the presence of major players operating in this region.
 Latex Industry Outlook.svg)
Product Definition:
Nitrile Rubber (NBR) Latex is a synthetic rubber that is resistant to oil and gasoline. It is often used in hoses, tubing, and seals in applications where petroleum products are present.
Middle Acrylonitrile Type:
Middle acrylonitrile type is a colorless liquid with a pungent odor. It is used as an intermediate in the production of polymers and as an additive in hydraulic fluids, paints & coatings, adhesives & sealants and elastomers.
High Acrylonitrile Type:
High acrylonitrile type is a polymer with high acrylonitrile content. It can be produced by various methods such as catalytic hydrocyanation, thermal cracking of propylene, and hydroacylation. The major application of this product is in the production of NBR which has wide usage in industries such as automotive & transportation, oil & gas downstream processing equipment manufacturing and medical devices manufacturing among others.
Application Insights:
The demand for nitrile rubber in the global market is witnessing a paradigm shift owing to its wide application scope in manufacturing of gloves, paper, fabrics and gaskets. The major applications include food packaging, medical devices & equipment (gloves), construction & automotive (gaskets & seals), and industrial protective clothing.
Gloves were the largest application segment with a volume share of over 40% in 2017. Nitrile based gloves are used across various industries including food processing and chemical where high resistance against oils/dirt is required along with excellent grip properties.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as automotive, construction, packaging, electrical and electronics. China is anticipated to remain a key consumer owing to high product consumption in various applications including gaskets for machinery and seals for equipment installation.
The Asia Pacific held a major share of global nitrile rubber (NBR) latex market on account of large-scale production coupled with consumption in various application sectors such as industrial gloves & hand protection equipment, footwear manufacturing etc. The Middle East & Africa (MEA) accounted for 6% share of global revenue in 2017 owing to rapid development witnessed by countries including UAE which has led an increase in infrastructure spending along with other developments leading towards economic diversification between 2009 - 2013 period resulting into increased product demand over the forecast period.
Growth Factors:
- Increasing demand from the automotive industry owing to its properties such as oil and fuel resistance, abrasion resistance, and durability.
- Growing demand for nitrile rubber latex in medical applications on account of its superior properties such as elasticity, strength, and biocompatibility.
- Rising use of nitrile rubber latex in manufacturing adhesives, sealants, coatings, and printing inks owing to its excellent chemical resistance properties.
- Increasing application scope of nitrile rubber latex in construction industry due to its characteristics such as high tear strength and abrasion resistance.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitrile Rubber (NBR) Latex Market Research Report
By Type
Middle Acrylonitrile Type, High Acrylonitrile Type, Low Acrylonitrile Type
By Application
Gloves, Paper, Fabrics, Gaskets, Others
By Companies
Kumho Petrochemical, Synthomer, LG Chem, Zeon Chemicals, Nantex, Bangkok Synthetics, Emerald Performance Materials, Jubilant Bhartia Group, Apcotex Industries, Shin Foong, Kumho Petrochemical, Hongtai Rubber, Jiuzhou Aohua
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Nitrile Rubber (NBR) Latex Market Report Segments:
The global Nitrile Rubber (NBR) Latex market is segmented on the basis of:
Types
Middle Acrylonitrile Type, High Acrylonitrile Type, Low Acrylonitrile Type
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
Gloves, Paper, Fabrics, Gaskets, 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:
- Kumho Petrochemical
- Synthomer
- LG Chem
- Zeon Chemicals
- Nantex
- Bangkok Synthetics
- Emerald Performance Materials
- Jubilant Bhartia Group
- Apcotex Industries
- Shin Foong
- Kumho Petrochemical
- Hongtai Rubber
- Jiuzhou Aohua
 Latex Market Overview.svg)
Highlights of The Nitrile Rubber (NBR) Latex 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:
- Middle Acrylonitrile Type
- High Acrylonitrile Type
- Low Acrylonitrile Type
- By Application:
- Gloves
- Paper
- Fabrics
- Gaskets
- 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 (NBR) Latex 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Latex Market Statistics.svg)
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 (NBR) latex is a synthetic rubber that is made from nitric acid and butadiene. Nitrile rubbers are often used in medical devices because they are resistant to oil, water, and other chemicals.
Some of the key players operating in the nitrile rubber (nbr) latex market are Kumho Petrochemical, Synthomer, LG Chem, Zeon Chemicals, Nantex, Bangkok Synthetics, Emerald Performance Materials, Jubilant Bhartia Group, Apcotex Industries, Shin Foong, Kumho Petrochemical, Hongtai Rubber, Jiuzhou Aohua.
The nitrile rubber (nbr) latex 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 (NBR) Latex 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 (NBR) Latex Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nitrile Rubber (NBR) Latex 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 (NBR) Latex 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 (NBR) Latex Market Size & Forecast, 2020-2028
4.5.1 Nitrile Rubber (NBR) Latex Market Size and Y-o-Y Growth
4.5.2 Nitrile Rubber (NBR) Latex 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 Middle Acrylonitrile Type
5.2.2 High Acrylonitrile Type
5.2.3 Low Acrylonitrile Type
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 Gloves
6.2.2 Paper
6.2.3 Fabrics
6.2.4 Gaskets
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nitrile Rubber (NBR) Latex 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 (NBR) Latex 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 Middle Acrylonitrile Type
9.6.2 High Acrylonitrile Type
9.6.3 Low Acrylonitrile Type
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 Gloves
9.10.2 Paper
9.10.3 Fabrics
9.10.4 Gaskets
9.10.5 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 Middle Acrylonitrile Type
10.6.2 High Acrylonitrile Type
10.6.3 Low Acrylonitrile Type
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 Gloves
10.10.2 Paper
10.10.3 Fabrics
10.10.4 Gaskets
10.10.5 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 Middle Acrylonitrile Type
11.6.2 High Acrylonitrile Type
11.6.3 Low Acrylonitrile Type
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 Gloves
11.10.2 Paper
11.10.3 Fabrics
11.10.4 Gaskets
11.10.5 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 Middle Acrylonitrile Type
12.6.2 High Acrylonitrile Type
12.6.3 Low Acrylonitrile Type
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 Gloves
12.10.2 Paper
12.10.3 Fabrics
12.10.4 Gaskets
12.10.5 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 Middle Acrylonitrile Type
13.6.2 High Acrylonitrile Type
13.6.3 Low Acrylonitrile Type
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 Gloves
13.10.2 Paper
13.10.3 Fabrics
13.10.4 Gaskets
13.10.5 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 (NBR) Latex Market: Competitive Dashboard
14.2 Global Nitrile Rubber (NBR) Latex Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kumho Petrochemical
14.3.2 Synthomer
14.3.3 LG Chem
14.3.4 Zeon Chemicals
14.3.5 Nantex
14.3.6 Bangkok Synthetics
14.3.7 Emerald Performance Materials
14.3.8 Jubilant Bhartia Group
14.3.9 Apcotex Industries
14.3.10 Shin Foong
14.3.11 Kumho Petrochemical
14.3.12 Hongtai Rubber
14.3.13 Jiuzhou Aohua
