Global Nitrile Butadiene Rubber (NBR) Latex Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030 from USD 1.8 billion in 2018. The growth of the global nitrile butadiene rubber (NBR) latex market is driven by factors such as increasing demand for medical grade NBR latex and growing demand for industrial grade NBR latex in emerging economies such as China and India.
Medical Grade: Medical grade NBR latex is used in various medical applications such as surgical gloves, catheters, blood bags, and other medical devices that require high-quality material with low permeability rates for fluids or gases. The use of medical grade NBR latex has increased due to its superior properties over natural rubber latex which are more expensive than synthetic materials like nitrile rubber or polyurethane elastomers. Medical grade NBR latex also offers better protection against allergies than natural rubber latex because it does not contain proteins that can cause allergic reactions in humans when exposed to them through contact with skin or mucous membranes.
Industrial Grade: Industrial grade NBR latex is used mainly in the manufacturing process of products such as tires, hoses, gaskets, conveyor belts and other industrial products where it provides excellent resistance against chemicals and heat without compromising on flexibility or elasticity properties required for these applications. It also offers good resistance against abrasion which makes it suitable for use in automotive components like airbags where it can withstand high pressure without rupturing easily unlike natural rubber which has a tendency to rupture under pressure due to its brittle nature.
Some Of The Growth Factors Of This Market:
- Nitrile Butadiene Rubber (NBR) Latex is a synthetic rubber that is used in the production of gloves, condoms, and other products.
- Nitrile Butadiene Rubber (NBR) Latex market growth factors include the increasing demand for nitrile butadiene rubber latex in the medical industry due to its non-allergenic properties and its ability to resist chemicals such as alcohols, acids, and alkalis.
- Nitrile Butadiene Rubber (NBR) Latex market growth factors also include the increasing demand for nitrile butadiene rubber latex in the automotive industry due to its high resistance against heat and ozone degradation which makes it an ideal material for use in tires and hoses.
- The growing population will lead to increased demand for nitrile butadiene rubber latex.
Industry Growth Insights published a new data on “Nitrile Butadiene Rubber (NBR) Latex Market”. The research report is titled “Nitrile Butadiene Rubber (NBR) Latex Market research by Types (Medical Grade, Industrial Grade), By Applications (Medical, Industrial), By Players/Companies LG Chem, Synthomer, Zeon Chemicals, Omnova Solutions, Kumho Petrochemicals, Nantex”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nitrile Butadiene Rubber (NBR) Latex Market Research Report
By Type
Medical Grade, Industrial Grade
By Application
Medical, Industrial
By Companies
LG Chem, Synthomer, Zeon Chemicals, Omnova Solutions, Kumho Petrochemicals, Nantex
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.
 Latex Industry Outlook.svg)
Global Nitrile Butadiene Rubber (NBR) Latex Market Report Segments:
The global Nitrile Butadiene Rubber (NBR) Latex market is segmented on the basis of:
Types
Medical Grade, Industrial 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
Medical, Industrial
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:
- LG Chem
- Synthomer
- Zeon Chemicals
- Omnova Solutions
- Kumho Petrochemicals
- Nantex
 Latex Market Overview.svg)
Highlights of The Nitrile Butadiene 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:
- Medical Grade
- Industrial Grade
- By Application:
- Medical
- Industrial
- 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 Butadiene 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 butadiene rubber (NBR) latex is a type of synthetic rubber that is made from butadiene and nitric acid. It has good resistance to oil, gas, and water, making it a popular choice for applications such as hoses, gaskets, and seals.
Some of the major players in the nitrile butadiene rubber (nbr) latex market are LG Chem, Synthomer, Zeon Chemicals, Omnova Solutions, Kumho Petrochemicals, Nantex.
The nitrile butadiene rubber (nbr) latex market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nitrile Butadiene Rubber (NBR) Latex 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. Nitrile Butadiene Rubber (NBR) Latex Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nitrile Butadiene Rubber (NBR) Latex Market - Supply Chain
4.5. Global Nitrile Butadiene Rubber (NBR) Latex Market Forecast
4.5.1. Nitrile Butadiene Rubber (NBR) Latex Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nitrile Butadiene Rubber (NBR) Latex Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nitrile Butadiene Rubber (NBR) Latex Market Absolute $ Opportunity
5. Global Nitrile Butadiene Rubber (NBR) Latex 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. Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Type
5.3.1. Medical Grade
5.3.2. Industrial Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nitrile Butadiene Rubber (NBR) Latex 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. Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nitrile Butadiene Rubber (NBR) Latex 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. Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex 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. Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex Demand Share Forecast, 2019-2026
9. North America Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Type
9.7.1. Medical Grade
9.7.2. Industrial Grade
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 Nitrile Butadiene Rubber (NBR) Latex Demand Share Forecast, 2019-2026
10. Latin America Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Type
10.7.1. Medical Grade
10.7.2. Industrial Grade
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 Nitrile Butadiene Rubber (NBR) Latex Demand Share Forecast, 2019-2026
11. Europe Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Type
11.7.1. Medical Grade
11.7.2. Industrial Grade
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 Nitrile Butadiene Rubber (NBR) Latex Demand Share, 2019-2026
12. Asia Pacific Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Type
12.7.1. Medical Grade
12.7.2. Industrial Grade
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 Nitrile Butadiene Rubber (NBR) Latex Demand Share, 2019-2026
13. Middle East & Africa Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex 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 Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nitrile Butadiene Rubber (NBR) Latex Market Size and Volume Forecast by Type
13.7.1. Medical Grade
13.7.2. Industrial Grade
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 Nitrile Butadiene Rubber (NBR) Latex Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nitrile Butadiene Rubber (NBR) Latex Market: Market Share Analysis
14.2. Nitrile Butadiene Rubber (NBR) Latex Distributors and Customers
14.3. Nitrile Butadiene Rubber (NBR) Latex Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LG Chem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Synthomer
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. Omnova Solutions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kumho Petrochemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nantex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
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
