Nitrile Butadiene Rubber( NBR) Market
into hose, belting and cable, adhesive and sealants, industrial and medical gloves, seals and O- rings, molded and extruded products, cement, oil field products, gaskets and weather stripping cables. Based on the end-user, the NBR market is subdivided into automotive which is the largest end-user of NBR, machinery, cots and aprons, construction, plastic modifications, wires and cables, and others. The regional distribution of the nitrile butadiene rubber market is visible in regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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Nitrile Butadiene Rubber( NBR) Market: Growth Factors
Major growth of the nitrile butadiene rubber market can be seen in the automotive sector. Sustainability of varied temperatures and resistance to minerals, alkali, oils, and acid makes it favorable to be used in the automotive industry. This sector has been the largest end-use sector of the nitrile butadiene rubber market globally. The other major sectors which are witnessing a significant escalation are the construction sector and the industrial and medical gloves manufacturing sector. The expected government expenditure on developing infrastructure may also give a boost to the nitrile butadiene rubber market in the near future.
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Nitrile Butadiene Rubber( NBR) Market: Regional Analysis