Hydrogenated Nitrile Butadiene Rubber Market Report: Trends, Forecast and Competitive Analysis to 2030

Hydrogenated Nitrile Butadiene Rubber Trends and Forecast

The future of the global hydrogenated nitrile butadiene rubber market looks promising with opportunities in the automotive, machinery, oil & gas, medical, and construction markets. The global hydrogenated nitrile butadiene rubber market is expected to reach an estimated $24.7 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are growing use of hydrogenated nitrile butadiene rubber in the production of surgical and industrial gloves, increasing demand from a variety of end-use sectors for high-performance rubber items, as well as, rising R&D investments to develop the HNBR grades.

A more than 150-page report is developed to help in your business decisions.

Hydrogenated Nitrile Butadiene Rubber by Segment

The study includes a forecast for the global hydrogenated nitrile butadiene rubber by product, application, end use, and region.

Hydrogenated Nitrile Butadiene Rubber Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• HNBR Latex
• HNBR Solid

Hydrogenated Nitrile Butadiene Rubber Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Belts & Cables
• Seals & O-Rings
• Hoses
• Diaphragms
• Adhesives & Sealants
• Foamed Products
• Others

Hydrogenated Nitrile Butadiene Rubber Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Machinery
• Oil & Gas
• Medical
• Construction
• Others

Hydrogenated Nitrile Butadiene Rubber Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hydrogenated Nitrile Butadiene Rubber Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hydrogenated nitrile butadiene rubber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hydrogenated nitrile butadiene rubber companies profiled in this report include-

• LANXESS
• Polycomp
• Dow
• Bayer
• DSM
• ExxonMobil
• ARLANXEO Holding
• Rahco Rubber
• Elastomer Engineering
• KACO

Hydrogenated Nitrile Butadiene Rubber Market Insights

Lucintel forecasts that seals & o-ring is expected to witness the highest growth over the forecast period because it provide high-performance seals that are in use throughout numerous end-user sectors.

APAC will remain the largest region over the forecast period due to expansion of e-commerce in the area, rising economies like India and China, as well as, large-scale manufacturing operations and plant expansions carried out by the local rubber processing industries.

Features of the Global Hydrogenated Nitrile Butadiene Rubber Market

Market Size Estimates: Hydrogenated nitrile butadiene rubber market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hydrogenated nitrile butadiene rubber market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Hydrogenated nitrile butadiene rubber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, application, end use, and regions for the hydrogenated nitrile butadiene rubber market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hydrogenated nitrile butadiene rubber market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the hydrogenated nitrile butadiene rubber market size?

Answer: The global hydrogenated nitrile butadiene rubber market is expected to reach an estimated $24.7 billion by 2030.

Q2. What is the growth forecast for hydrogenated nitrile butadiene rubber market?

Answer: The global hydrogenated nitrile butadiene rubber market is expected to grow with a CAGR of 7.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hydrogenated nitrile butadiene rubber market?

Answer: The major drivers for this market are growing use of hydrogenated nitrile butadiene rubber in the production of surgical and industrial gloves, increasing demand from a variety of end-use sectors for high-performance rubber items, as well as, rising R&D investments to develop the HNBR grades.

Q4. What are the major segments for hydrogenated nitrile butadiene rubber market?

Answer: The future of the global hydrogenated nitrile butadiene rubber market looks promising with opportunities in the automotive, machinery, oil & gas, medical, and construction markets.

Q5. Who are the key hydrogenated nitrile butadiene rubber market companies?

Answer: Some of the key hydrogenated nitrile butadiene rubber companies are as follows.

• LANXESS
• Polycomp
• Dow
• Bayer
• DSM
• ExxonMobil
• ARLANXEO Holding
• Rahco Rubber
• Elastomer Engineering
• KACO

Q6. Which hydrogenated nitrile butadiene rubber market segment will be the largest in future?

Answer: Lucintel forecasts that seals & o-ring is expected to witness the highest growth over the forecast period because it provide high-performance seals that are in use throughout numerous end-user sectors.

Q7. In hydrogenated nitrile butadiene rubber market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to expansion of e-commerce in the area, rising economies like India and China, as well as, large-scale manufacturing operations and plant expansions carried out by the local rubber processing industries.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the hydrogenated nitrile butadiene rubber market by product (hnbr latex and hnbr solid), application (belts & cables, seals & o-rings, hoses, diaphragms, adhesives & sealants, foamed products, and others), end use (automotive, machinery, oil & gas, medical, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?