Market Research Report
Nitrile Butadiene Rubber Powder Market Size By Particle Size, By Grade, By Application, By End-user, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||945468|
|Published||Content info||350 Pages
Delivery time: 2-3 business days
|Nitrile Butadiene Rubber Powder Market Size By Particle Size, By Grade, By Application, By End-user, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026|
|Published: June 16, 2020||Content info: 350 Pages||
Nitrile Butadiene Rubber (NBR) Powder Market Size By Particle Size (Less Than 0.075, 0.075 - 0.15, 0.15 - 0.30, 0.30 - 0.70, 0.70 - 1.00), By Grade (Pre-cross Linked, Cross Linked, Linear), By Application (Water Resistant Products, Adhesives, Abrasion Resistant Compounds, PVC Modifications, Friction Materials), By End-user (Automotive, Construction, Footwear, Consumer Goods), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
With increasing construction and infrastructure upgradation activities going on across the globe, the Nitrile Butadiene Rubber (NBR) powder market is anticipated to register remunerative growth over the coming years. Nitrile Butadiene Rubber is a synthetic rubber that is created by emulsion-polymerizing acrylonitrile as well as butadiene inside low temperature conditions.
The material boasts of numerous beneficial characteristics such as high resistance to fuels, mineral oils, and greases; resistance to abrasion, and wear; good ageing temperature resistance; high dynamic fatigue resistance, and low permeability to different gases. The powdered form of NBR observes widescale use in acrylonitrile-butadiene-styrene (ABS) and polyvinyl chloride (PVC) resins as an effective impact modifier, particularly in products such as automotive kick panels and dashboards.
The overall NBR market is categorized into different segments based upon grade, particle size, end-user, application, and regional landscape.
According to particle size, the market is divided into 0.70-1.00, 0.30-0.70, 0.15-0.30, 0.075-0.15, and 0.0-0.075. Among these, the 0.075-0.15 segment will witness growth at a CAGR over 4% through the forecast time period. These particles possess good temperature adaptability along with high exhaustion and friction resistance and are widely used as adhesives for fillers as well as for modification of phenolic resin in the friction materials market.
Based upon grade, the market is classified into pre-cross linked, linear and cross linked. Among these, the cross linked segment will hold over 50% market share by the end of the analysis period. This grade is used to manufacture grade include coated conveyor belts, brake pads, and crash pads, among others.
When it comes to applications, the market landscape is divided into water resistance, abrasion resistant compounds, adhesives, friction materials, PVC modifications, and others. The friction materials segment will hold around 9% market share by the end of the projected timeframe. Friction materials are made from cross-linked NBR powders with a uniform grain or particle size to enhance the friction coefficient. These materials include brake pads, brake linings, and coupling plates, among others, that are used in all types of automobiles.
The other applications of NBR powder include stator applications, and processing aids, among others. The product grade is explicitly developed for oil & gas industry stators with high oil and chemical resistance.
As per end-user, the market is bifurcated into automotive, construction, footwear, consumer goods, and others. The Consumer good segment will grow at a CAGR over 6.5% over the projected timeframe. The product is used in moldings and synthetic leathers. Additionally, it is also used in manufacturing synthetic rubber products that are used in white goods such as air conditioners and refrigerators, giving it a high-demand vertical to bring in revenue growth.
The Other segments include coatings, and oil & gas, among others. NBR powder is used in coatings and other end-uses as it provides elastomeric feel and flexibility to the finished products.
From a regional perspective, Latin America NBR powder market will grow at a CAGR over 7.5% through the analysis period. Significant rise in construction activities in the region due to robust economic growth and strong private investments are likely to drive regional market growth. Mexico and Brazil are the key countries in the region witnessing substantial growth in the construction market, propelling the demand for the product.
The Middle East & Africa region will also witness significant growth with increasing construction activities.