Hydrogenated Nitrile Butadiene Rubber Market Overview:
The global hydrogenated nitrile butadiene rubber market is expected to catapult to USD 16,467.8 Mn by the end of 2014 from USD 10,215.8 Mn in 2018. In terms of volume, the global hydrogenated nitrile butadiene market is expected to reach 2,019.3 kilo tons by the end of 2023.
The primary factors shaping the growth of the global hydrogenated nitrile butadiene rubber market include increasing demand from diverse end-use industries such as automotive, medical, construction, oil & gas, and machinery. The automotive industry is a major end-use industry for HNBR where it experiences high demand in applications demanding high performance. Desirable properties of HNBR such as excellent resistance to oils & solvents, ozone & weather conditions, temperatures, and other superior mechanical properties lead to increased demand from the automotive Industry.
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Hydrogenated Nitrile Butadiene Rubber Market Key Players:
• Polycomp,
• Arlanxeo,
• AirBoss of America Corp.,
• MCM S.p.A.,
• Precision Associates, Inc.,
• ERIKS NV,
• Rahco Rubber, Inc.,
• Mantaline,
• Trelleborg Sealing Solutions,
• Zeon Corporation
The prominent players in the global hydrogenated nitrile butadiene rubber market.
Hydrogenated Nitrile Butadiene Rubber Market Segmentation:
The global hydrogenated nitrile butadiene rubber market has been segmented on the basis of product and end-use industry.
On the basis of product, the global hydrogenated nitrile butadiene rubber market has been segmented into HNBR solid and HNBR latex.
By end-use industry, the global hydrogenated nitrile butadiene rubber market has been segmented into automotive, machinery, construction, medical, oil & gas, and others.
Hydrogenated Nitrile Butadiene Rubber Market Regional Analysis:
Rising industrial activities in the Middle East & Africa region induces high demand in the global hydrogenated nitrile butadiene rubber market which is likely to register a CAGR of 8.70% over the forecast period.
Regionally, the Global Hydrogenated Nitrile Butadiene Rubber Market has been segmented into Asia Pacific (APAC), Europe, North America, Latin America, and the Middle East & Africa.
Europe follows APAC closely and is deemed to be the second largest market for HNBR. Established automotive sector in the region and the presence of production base of various automotive companies in countries such as the UK, Germany, Italy, and Spain stimulates the growth of the Europe market. The Europe market is projected to capture a CAGR of 8.07% over the forecast period.
Hydrogenated Nitrile Butadiene Rubber Market Table of Content:
1 Report Prologue
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
Hydrogenated Nitrile Butadiene Rubber Market Table of Content to be Continue…….,
Hydrogenated Nitrile Butadiene Rubber Market List of Table:
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Product, 2016-2023 (USD Million)
Table 4 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Product, 2016-2023 (Kilo Tons)
Table 5 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market for HNBR Solid, By Region, 2016-2023 (USD Million)
Hydrogenated Nitrile Butadiene Rubber Market List of Table to be Continue…….,
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