Hydrogenated Nitrile Butadiene Rubber Market 2019 Research Report by Industry Trends, Future Plan, Share, Business Size, Application, Types, Growth Players, Opportunities, and Region, 2025 Forecast

Hydrogenated Nitrile Butadiene Rubber Market 2019 Research Report by Industry Trends, Future Plan, Share, Business Size, Application, Types, Growth Players, Opportunities, and Region, 2025 Forecast

“Hydrogenated Nitrile Butadiene Rubber Global Market”
Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market: Information by Product (HNBR Solid [Belts & Cables, Seals & O-Rings, Hoses, Adhesives & Sealants, Foamed Products and others], HNBR Latex [Gloves, Non-Woven Fabric, Films & Coating, Paper Saturation] and others), End-Use Industry (Automotive, Machinery, Oil & Gas, Medical, Construction, Others) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) – Forecast till 2025

Hydrogenated Nitrile Butadiene Rubber Market Overview:

The Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market is projected to register a healthy CAGR of 9.1% to reach USD 18.5 Billion by 2025.

The primary factors shaping the growth of the global hydrogenated nitrile butadiene rubber market include increasing demand from diverse end-use industries such as automotive, medical, construction, oil & gas, and machinery. The automotive industry is a major end-use industry for HNBR where it experiences high demand in applications demanding high performance. Desirable properties of HNBR such as excellent resistance to oils & solvents, ozone & weather conditions, temperatures, and other superior mechanical properties lead to increased demand from the automotive industry. The rise in the operating temperatures in vehicles has resulted in the development of harsh automotive fluids such as engine oils and lubricants, which further necessitates the use of specialty elastomers with greater heat, fluid, and chemical resistance.  HNBR is a prudent solution to this problem faced by the automotive industry.

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The oil & gas industry to is a significant end user of hydrogenated nitrile butadiene rubber. They are used in industrial sealing for oil field exploration and processing. HNBR enhance drilling and zone isolation to maximize well production. Surging demand of HNBR in Enhanced Oil Recovery (EOR) along with increasing offshore drilling activities are expected to augment the growth of the market.  In addition, they are used as rolls for steel and paper mills, which further drives the market growth.

Hydrogenated Nitrile Butadiene Rubber Market Key Players:

Polycomp, Arlanxeo, AirBoss of America Corp., MCM S.p.A., Precision Associates, Inc., ERIKS NV, Rahco Rubber, Inc., Mantaline, Trelleborg Sealing Solutions, and Zeon Corporation are the prominent players in the global hydrogenated nitrile butadiene rubber market.

Hydrogenated Nitrile Butadiene Rubber Market Segmentation:

The global hydrogenated nitrile butadiene rubber market has been segmented on the basis of product and end-use industry.

On the basis of product, the global hydrogenated nitrile butadiene rubber market has been segmented into HNBR solid and HNBR latex.

By end-use industry, the global hydrogenated nitrile butadiene rubber market has been segmented into automotive, machinery, construction, medical, oil & gas, and others.

Hydrogenated Nitrile Butadiene Rubber Market Regional Analysis:

Regionally, the global hydrogenated nitrile butadiene rubber market has been segmented into Asia Pacific (APAC), Europe, North America, Latin America, and the Middle East & Africa.

APAC is the largest market for HNBR and is likely to expand at a CAGR of 9.30% over the forecast period. Prolific growth of the automotive industry coupled with rapid industrialization in the region drives the market in APAC. Moreover, due to urbanization, the construction industry has been experiencing a boom consequently fueling the demand for HNBR. Another contributing factor is the presence of raw material suppliers in APAC which further drives the market.

Europe follows APAC closely and is deemed to be the second largest market for HNBR. Established automotive sector in the region and the presence of production base of various automotive companies in countries such as the UK, Germany, Italy, and Spain stimulates the growth of the Europe market. The Europe market is projected to capture a CAGR of 8.07% over the forecast period.

Rising industrial activities in the Middle East & Africa region induces high demand in the global hydrogenated nitrile butadiene rubber market which is likely to register a CAGR of 8.70% over the forecast period.

Hydrogenated Nitrile Butadiene Rubber Market Table Of Contents:

1 Report Prologue

2 Market Introduction

3 Market Insights

4 Research Methodology

5 Market Dynamics

Hydrogenated Nitrile Butadiene Rubber Market Table Of Contents to be Continue…….,

Hydrogenated Nitrile Butadiene Rubber Market List Of Tables:

Table 1 Market Synopsis

Table 2 List of Assumptions

Table 3 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Product, 2017-2025 (USD Million)

Table 4 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Product, 2017-2025 (Kilo Tons)

Table 5 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market for HNBR Solid, By Region, 2017-2025 (USD Million)

Hydrogenated Nitrile Butadiene Rubber Market List Of Tables to be Continue…….,

Hydrogenated Nitrile Butadiene Rubber Market List Of Figures:

Figure 1 Key Takeaways Of The Hydrogenated Nitrile Butadiene Rubber (HNBR) Market

Figure 2 North America Market Size & Market Share By Country (2018 Vs 2023)

Figure 3 Europe Market Size & Market Share By Country (2018 Vs 2023)

Figure 4 Asia-Pacific Market Size & Market Share By Country (2018 Vs 2023)

Figure 5 Latin America Market Size & Market Share By Country (2018 Vs 2023)

Hydrogenated Nitrile Butadiene Rubber Market List Of Figures to be Continue…….,

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