Market Overview:
The global NBR rubber compound 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 NBR rubber compounds from various end-use industries, such as automotive, building & construction, wire & cable, footwear and others. In terms of volume, the block type segment is projected to lead the global NBR rubber compound market during the forecast period. However, in terms of value share, the particles/crumb type segment is expected to dominate the market during 2018-2030.
Product Definition:
Nitrile rubber (NBR) is a synthetic rubber copolymer of acrylonitrile and butadiene. It is a type of elastomer. NBR has good resistance to oil, fuel and solvent; low gas permeability; good abrasion resistance; and fair tensile strength. It is widely used in the automotive industry for hoses, belts, gaskets, O-rings and other parts subjected to repeated flexing or exposure to oils and fuels.
Block Type:
The global block type is a method of processing natural rubber (NR) where the entire latex is cut into small pieces and processed through a series of rollers to break up the cross-linking. The process also helps in obtaining uniformity in product quality.
The block type method has several advantages over other methods including high yield, low operating cost, and ease of operation which make it suitable for mass production.
Particles/Crumb Type:
Particles/Crumb Type is a new concept in the NBR rubber market and it's majorly used for improving cold flow properties. The particles/crumb are made from fine rubber powder, which is added to the base stock of NBR to enhance its performance under cold conditions. Particles/crumbs can improve overall performance by increasing tear strength, tensile modulus, and toughness at low temperatures as well as reducing gas permeability at high temperatures.
Application Insights:
The automotive industry was the largest application segment and accounted for a market share of over 33% in 2017. The growing automotive sector, especially in China, Japan and South Korea is expected to remain a key factor driving product demand over the forecast period. In addition, increasing production capacities in European countries such as Germany, U.K., Spain and France are anticipated to propel regional market growth during the projected period.
Building & construction industry was another prominent segment accounting for 22% of global NBR rubber compound consumption in 2017 owing to its excellent properties including weather resistance and durability which make it suitable for applications such as roofing underlayment on account of its high flexibility levels offered by these products.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth due to increasing automotive production and construction spending, especially in developing countries such as China and India. In addition, rising population coupled with growing consumerism is likely to drive product demand across numerous applications including footwear, sports goods, packaging materials among others.
The industry participants are focusing on capacity expansion owing to high demand for rubber compounds from various end-use industries across emerging economies such as China and India along with other Southeast Asian countries.
Europe accounted for a major share of revenue in 2017 owing to rapid industrialization that has resulted into increased product consumption from electrical & electronics; transportation & storage; building & construction sectors among others worldwide since past few years / decades).
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the NBR rubber compound market.
- Growing demand for lightweight vehicles is also anticipated to fuel the growth of this market during the forecast period.
- Rising awareness about environment-friendly and fuel-efficient vehicles is projected to boost the demand for NBR rubber compounds in automotive applications over the next few years.
- Stringent government regulations pertaining to emissions and fuel economy are likely to propel automakers towards adoption of NBR rubber compounds in their vehicles, thereby propelling market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
NBR Rubber Compound Market Research Report
By Type
Block Type, Particles/Crumb Type, Powder Type
By Application
Automotive Industry, Building & Construction Industry, Wire & Cable, Footwear, Others
By Companies
Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe, AirBoss of America, Chunghe Compounding, KRAIBURG Holding GmbH, Preferred Compounding, American Phoenix, Dyna-Mix, Guanlian, Condor Compounds GmbH, TSRC
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global NBR Rubber Compound Market Report Segments:
The global NBR Rubber Compound market is segmented on the basis of:
Types
Block Type, Particles/Crumb Type, Powder 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
Automotive Industry, Building & Construction Industry, Wire & Cable, Footwear, 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:
- Hexpol Compounding
- PHOENIX Compounding
- Cooper Standard
- Hutchinson
- Polymer-Technik Elbe
- AirBoss of America
- Chunghe Compounding
- KRAIBURG Holding GmbH
- Preferred Compounding
- American Phoenix
- Dyna-Mix
- Guanlian
- Condor Compounds GmbH
- TSRC
Highlights of The NBR Rubber Compound 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:
- Block Type
- Particles/Crumb Type
- Powder Type
- By Application:
- Automotive Industry
- Building & Construction Industry
- Wire & Cable
- Footwear
- 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 NBR Rubber Compound 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?
NBR rubber compound is a type of rubber that is made from natural butadiene and synthetic polybutadiene. It has good resilience, low friction properties, and good weathering resistance.
Some of the key players operating in the nbr rubber compound market are Hexpol Compounding, PHOENIX Compounding, Cooper Standard, Hutchinson, Polymer-Technik Elbe, AirBoss of America, Chunghe Compounding, KRAIBURG Holding GmbH, Preferred Compounding, American Phoenix, Dyna-Mix, Guanlian, Condor Compounds GmbH, TSRC.
The nbr rubber compound 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. NBR Rubber Compound 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. NBR Rubber Compound Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NBR Rubber Compound Market - Supply Chain
4.5. Global NBR Rubber Compound Market Forecast
4.5.1. NBR Rubber Compound Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NBR Rubber Compound Market Size (000 Units) and Y-o-Y Growth
4.5.3. NBR Rubber Compound Market Absolute $ Opportunity
5. Global NBR Rubber Compound 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. NBR Rubber Compound Market Size and Volume Forecast by Type
5.3.1. Block Type
5.3.2. Particles/Crumb Type
5.3.3. Powder Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NBR Rubber Compound 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. NBR Rubber Compound Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Building & Construction Industry
6.3.3. Wire & Cable
6.3.4. Footwear
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NBR Rubber Compound 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. NBR Rubber Compound 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 NBR Rubber Compound 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. NBR Rubber Compound 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 NBR Rubber Compound Demand Share Forecast, 2019-2026
9. North America NBR Rubber Compound 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 NBR Rubber Compound 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 NBR Rubber Compound Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Building & Construction Industry
9.4.3. Wire & Cable
9.4.4. Footwear
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 NBR Rubber Compound Market Size and Volume Forecast by Type
9.7.1. Block Type
9.7.2. Particles/Crumb Type
9.7.3. Powder Type
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 NBR Rubber Compound Demand Share Forecast, 2019-2026
10. Latin America NBR Rubber Compound 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 NBR Rubber Compound 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 NBR Rubber Compound Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Building & Construction Industry
10.4.3. Wire & Cable
10.4.4. Footwear
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 NBR Rubber Compound Market Size and Volume Forecast by Type
10.7.1. Block Type
10.7.2. Particles/Crumb Type
10.7.3. Powder Type
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 NBR Rubber Compound Demand Share Forecast, 2019-2026
11. Europe NBR Rubber Compound 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 NBR Rubber Compound 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 NBR Rubber Compound Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Building & Construction Industry
11.4.3. Wire & Cable
11.4.4. Footwear
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 NBR Rubber Compound Market Size and Volume Forecast by Type
11.7.1. Block Type
11.7.2. Particles/Crumb Type
11.7.3. Powder Type
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 NBR Rubber Compound Demand Share, 2019-2026
12. Asia Pacific NBR Rubber Compound 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 NBR Rubber Compound 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 NBR Rubber Compound Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Building & Construction Industry
12.4.3. Wire & Cable
12.4.4. Footwear
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 NBR Rubber Compound Market Size and Volume Forecast by Type
12.7.1. Block Type
12.7.2. Particles/Crumb Type
12.7.3. Powder Type
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 NBR Rubber Compound Demand Share, 2019-2026
13. Middle East & Africa NBR Rubber Compound 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 NBR Rubber Compound 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 NBR Rubber Compound Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Building & Construction Industry
13.4.3. Wire & Cable
13.4.4. Footwear
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 NBR Rubber Compound Market Size and Volume Forecast by Type
13.7.1. Block Type
13.7.2. Particles/Crumb Type
13.7.3. Powder Type
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 NBR Rubber Compound Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NBR Rubber Compound Market: Market Share Analysis
14.2. NBR Rubber Compound Distributors and Customers
14.3. NBR Rubber Compound Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hexpol Compounding
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PHOENIX Compounding
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cooper Standard
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hutchinson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Polymer-Technik Elbe
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AirBoss of America
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chunghe Compounding
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KRAIBURG Holding GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Preferred Compounding
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. American Phoenix
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dyna-Mix
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Guanlian
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Condor Compounds GmbH
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TSRC
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
