Carboxylated nitrile rubber (XNBR) market forecast at $5.9 billion by 2032
The global market for Carboxylated Nitrile Rubber (XNBR) is experiencing notable growth, driven by its expanding applications across various industries. As of 2022, the market size for XNBR is valued at approximately USD 4 billion. Forecasts indicate that this figure will rise to USD 5.92 billion by 2032, reflecting a steady compound annual growth rate (CAGR) of 4% from 2022 to 2032 according to Future Market Insights. This growth is indicative of the increasing demand for high-performance rubber materials in automotive, aerospace, and industrial applications.
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