Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Size By Application, By End Use Industry, By Geographic Scope And Forecast


Posted October 8, 2020 by jennysmith22119

Hydrogenated Nitrile Butadiene Rubber (HNBR) Market was valued at USD 11.92 Billion in 2019 and is projected to reach USD 22.38 Billion by 2027, growing at a CAGR of 8.2% from 2020 to 2027.

 
Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Size And Forecast
The Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Hydrogenated Nitrile Butadiene Rubber (HNBR) Market was valued at USD 11.92 Billion in 2019 and is projected to reach USD 22.38 Billion by 2027, growing at a CAGR of 8.2% from 2020 to 2027.

What is Hydrogenated Nitrile Butadiene Rubber (HNBR)?
Hydrogenated acrylonitrile-butadiene rubber (HNBR) is a hydrogenated version of NBR (nitrile) rubber. It is a unique elastomer. It can be made via conventional nitrile rubber by hydrogenation of the unsaturated bonds in the butadiene units of the polymer: HNBR shows excellent resistance to common automotive fluids and many industrial chemicals. Properties of the hydrogenated nitrile rubber (HNBR) depend upon the acrylonitrile content and the degree of hydrogenation of the butadiene copolymer. Typical applications HNBR include diaphragms, accumulator bladders, gaskets, and seals, especially for the oil and gas industries.

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Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Worldwide, demand for hydrogenated nitrile butadiene rubber (HNBR)s is rising with increasing consumption of HNBR in manufacturing industrial and medical gloves. As a rise in the number of industrial accidents and HNBR gloves are highly recommended in almost all major industrial applications. Thus drive the market for hydrogenated nitrile butadiene rubber during the forecasted period. Also, HNBR possesses excellent solvent or chemical resistance, along with the superior thermal stability, which makes it the most preferred material in manufacturing medical non-latex gloves. Additionally, HNBR has better ozone resistance, high strength, and better tolerance than NBR in oil drilling applications, it is expected to boost the HNBR market. However, the availability of substitutes such as thermoplastic elastomers might hamper the market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Competitive Landscape
The “Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Zeon Chemicals, Polycomp, ARLANXEO, Lianda Corporation, Elastomer Engineering Ltd., Rahco Rubber, Inc., Ge Mao Rubber Industrial Co., Ltd, Parker Hannifin, and KACO GmbH + Co. KG. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Application
• Diaphragms
• Timing Belts
• Hoses
• Rolls
• Stators
• O-rings
• Seals and Gaskets
• Axle Boots
• Packers

Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By End Use Industry
• Construction
• Automotive
• Industrial
• Medical
• Oil and Gas

Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Last Updated October 8, 2020