Global nitrile butadiene rubber market forecast at $3.3 billion by 2028

Pune, India – According to Market Growth Reports’ latest study, due to COVID-19 and Russia-Ukraine War influence, the global Nitrile Butadiene Rubber (NBR) market size was valued at USD 2602.2 million in 2021 and is forecast to a readjusted size of USD 3328.4 million by 2028 with a CAGR of 3.6% during review period.

Global core nitrile butadiene rubber (NBR) manufacturers include Lanxess, CNPC etc. The top 5 companies hold a share about 50%. China is the largest market, with a share about 37%, followed by Southeast Asia and Europe with the share about 16% and 15%.In terms of product, block type is the largest segment, with a share over 60%. And in terms of application, the largest application is automotive & transportation, followed by machinery industry.

This report provides in-depth analysis of the global Nitrile Butadiene Rubber (NBR) market, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2017-2022, 2023-2028), considering 2021 as the base year

Main Nitrile Butadiene Rubber (NBR) manufacturers’ industry ranking, sales, revenue, price, and market share analysis. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This reports profiles key players in the global Nitrile Butadiene Rubber (NBR) market based on the following parameters – headquarters, production locations, products portfolio, Nitrile Butadiene Rubber (NBR) revenue, sales, average price and gross margin, recent developments.

Evaluation and forecast the Nitrile Butadiene Rubber (NBR) market size, projected growth trends, and corresponding market share analysis by type, by application, and by region. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market