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The nitrile butadiene rubber market size is estimated to grow by USD 319.8 million at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by increasing consumption in the automotive and aeronautical industries. These sectors require NBR for manufacturing high-performance tires and parts due to its excellent resistance to oil, fuel, and heat. Additionally, there is a rising demand for bio-based feedstock in NBR production, which is expected to boost market growth. However, fluctuating raw material prices, particularly for butadiene and natural rubber, pose a challenge to market stability. Producers must navigate these price fluctuations to maintain profitability and meet the growing demand for NBR. Overall, the market is expected to continue its growth trajectory, fueled by advancements in technology and increasing applications in various end-use industries.
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Nitrile butadiene rubber (NBR) is a type of synthetic rubber derived from the copolymerization of acrylonitrile and butadiene. This elastomer offers excellent resistance to oil, fuel, and chemicals, making it a popular choice in various industries. The market is witnessing significant growth due to its extensive applications in sectors such as seals & O-rings, molded & extruded products, gloves, oil & gas, Healthcare and medical devices, and others. In the oil & gas industry, NBR is widely used in seals, hoses, and belting due to its high resistance to oil, heat, and abrasion. In the medical sector, it is used in the production of gloves and other medical devices due to its excellent elasticity and resistance to chemicals. The Renewable energy sector is also a growing market for NBR, as it is used in the production of timing belts, fan belts, and conveyor belts. Substitute materials such as Isoprene, Latex, thermoplastic elastomers, Fluoroelastomers, ABS, and others are also used in some applications but NBR's unique properties make it the preferred choice in many cases. The Smart Cities Mission is another emerging market for NBR, as it is used in the production of various components in smart infrastructure such as sensors, cables, and pipes. Overall, the market is expected to grow steadily due to its diverse applications in various industries. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing consumption from automotive and aeronautical industries is notably driving market growth. Nitrile butadiene rubber (NBR) is a synthetic rubber copolymer extensively utilized in various industries, including automotive and aeronautical sectors. In the automotive industry, NBR is primarily used to manufacture components such as fuel and oil hoses, grommets, seals, and binders for frictional materials. The extreme temperature resistance of NBR, ranging from -104°F to 224.6°F, makes it an ideal choice for these applications. Nitrile butadiene rubber is also employed in the production of certain automotive components, including brake linings, dashboards, kick panels, and oil and fuel level sensors.
Furthermore, in the aeronautical industry, NBR is used in the manufacturing of seals and gaskets for industrial vehicles, heavy-duty trucks, construction equipment, electric vehicles, and civil aviation industry components. The versatility of NBR, coupled with its superior temperature resistance, makes it an indispensable material in these industries. Additionally, NBR is used in the production of greases, chemicals, and fuel additives. Thus, such factors are driving the growth of the market during the forecast period.
Rising demand for bio-based feedstock is the key trend in the market. The global market for Nitrile Butadiene Rubber (NBR) is witnessing significant growth due to the increasing demand for this synthetic rubber copolymer in various industries. Key applications include conveyor belts, seals, gaskets, and automotive components. The shift towards sustainable production methods has led major players to explore bio-based feedstock for NBR production. Renewable chemicals derived from non-food biomass are being utilized to produce bio-based butadiene, a crucial component of NBR.
Furthermore, this trend is gaining momentum due to the high prices and dwindling supply of petroleum-derived raw materials and natural rubber. Furthermore, the construction equipment, industrial vehicles, heavy-duty trucks, electric vehicles, and civil aviation industries are increasingly adopting NBR due to its excellent properties such as resistance to fuels, chemicals, and grease. Collaborations between NBR manufacturers and industrial biotech firms are underway to commercialize the production of bio-based rubber raw materials. Thus, such trends will shape the growth of the market during the forecast period.
Fluctuating raw material prices is the major challenge that affects the growth of the market. Nitrile butadiene rubber (NBR), a copolymer of acrylonitrile and butadiene, is extensively used in various industries due to its superior properties. In the manufacturing process of NBR, acrylonitrile and butadiene are the primary inputs. The prices of NBR are directly influenced by the fluctuations in the prices of these raw materials. Acrylonitrile is derived from the catalytic ammoxidation of propylene, while butadiene is obtained as a by-product of ethylene steam cracking of gas oil or naphtha feedstock. Ethylene and propylene, the monomers used for NBR production, are manufactured from ethane and propane compounds. Currently, the price of butadiene has seen a notable increase, leading to a significant impact on the NBR market.
Furthermore, Nitrile butadiene rubber is widely employed in various sectors such as conveyor belts, seals, gaskets, industrial vehicles, heavy-duty trucks, construction equipment, electric vehicles, and the civil aviation industry. Its applications include fuel and chemical processing, automotive seals, and grease production. Despite the challenges posed by the price volatility of raw materials, the demand for NBR continues to grow due to its excellent resistance to oil, fuel, and chemicals. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Abbott Rubber Co. Inc. - The company offers nitrile butadiene rubber which is used in rugged airline service in mining, quarries, construction, sandblasting, industrial air placement and equipment rental.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The HB and C segment is estimated to witness significant growth during the forecast period. Nitrile butadiene rubber (NBR), a type of thermoplastic elastomer, is derived from the copolymerization of acrylonitrile and butadiene monomers. This versatile material is widely utilized in various industries due to its exceptional properties, including high resistance to oil, fuel, temperature, and chemicals.
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The HB and C segment was the largest segment and was valued at USD 333.3 billion in 2018. In the global market, the hose, belting, and cable segment holds the largest share in the application of nitrile butadiene rubber. The automotive and aeronautical industries are significant consumers of nitrile butadiene rubber, using it to manufacture fuel-handling hoses, oil-handling hoses, and other components requiring high resistance to oil, fuel, and chemicals. The automotive industry, in particular, is a major end-user, with extensive applications in hoses, cables, and belts. Nitrile butadiene rubber's superior resistance to oils and acids compared to natural rubber is the primary reason for its popularity in this sector. Moreover, nitrile butadiene rubber finds extensive applications in other industries such as construction, food & beverage, medical, oil & gas, and mechanical engineering. In the oil & gas sector, it is used in the production of seals & O-rings, while in the medical industry, it is used in the manufacture of medical gloves. In the construction industry, nitrile butadiene rubber is used as an impact modifier in polyvinyl chloride (PVC) and acrylonitrile butadiene styrene (ABS) to enhance their durability and flexibility. Additionally, it is used in various applications such as adhesives and sealants, compression machinery, hydraulic equipment, and hoses, tubing, automotive belts, timing belts, fan belts, and fan clutches. In summary, nitrile butadiene rubber is a vital raw material in various industries, with the hose, belting, and cable segment being the largest consumer. Its unique properties, such as high resistance to oil, fuel, temperature, and chemicals, make it an essential component in manufacturing fuel-handling hoses, oil-handling hoses, seals & O-rings, gloves, and other products. The automotive industry is the largest end-user, while other industries such as construction, food & beverage, medical, oil & gas, and mechanical engineering also extensively use nitrile butadiene rubber.
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APAC is estimated to contribute 62% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Nitrile butadiene rubber (NBR), also known as acrylonitrile-butadiene rubber, is a type of thermoplastic elastomer derived from the copolymerization of acrylonitrile and butadiene. This versatile material is widely used in various industries due to its excellent properties, including high resistance to oil, fuel, and chemicals, as well as good mechanical strength and flexibility. In the context of smart cities, NBR finds extensive applications in seals and O-rings for water and gas supply systems, as well as in the construction sector for waterproofing and insulation. Mechanical engineering applications include molded and extruded products for automotive components, hydraulic equipment, and compression machinery. NBR is also a popular choice in industries such as oil and gas, medical, and aeronautics. In the medical industry, NBR is used in the production of gloves and other medical devices due to its biocompatibility and resistance to chemicals. In the oil and gas sector, NBR is used in hoses, tubing, and seals for its high resistance to oil and fuel. Moreover, NBR is a substitute material for natural rubber, latex, isoprene, and other elastomers such as thermoplastic elastomers (TPEs), fluoroelastomers, and polyvinyl chloride (PVC) in various applications. These include adhesives and sealants, hoses, belting, cables, and O-rings and seals. NBR is also used in the production of impact modifier for ABS and PVC. In the automotive industry, NBR is used in the manufacturing of automotive belts, including timing belts and fan belts. Additionally, NBR is used in the production of hoses, tubing, and cables for various applications in the food and beverage industry. Therefore, the demand for NBR is expected to grow significantly in the coming years due to its wide range of applications and superior properties.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Nitrile Butadiene Rubber (NBR) Foam Products Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast
Acrylonitrile Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, South Korea, Germany - Size and Forecast
Synthetic Rubber Marketby Type, Application and Geography - Forecast and Analysis
Nitrile butadiene rubber (NBR), also known as nitrile rubber, is a type of synthetic rubber derived from the monomers acrylonitrile and butadiene. This elastomer is known for its excellent resistance to oil, fuel, and chemicals, making it a popular choice in various industries. The market is driven by its extensive applications in sectors such as Mechanical engineering, Oil & gas, and Medical. In the Oil & gas industry, NBR is used in seals & O-rings, hoses, and tubing due to its oil resistance. In Mechanical engineering, it is used in compression machinery, hydraulic equipment, and O-rings & seals. In the Medical sector, NBR is used in medical gloves and adhesives & sealants. Other significant applications of Nitrile butadiene rubber include Smart Cities Mission, Construction, Food & beverage, Aeronautics, and Latex applications. NBR is used in Smart Cities Mission for the production of hoses, belting, and cables. In Construction, it is used in seals & O-rings and adhesives & sealants.
Furthermore, in the Food & beverage industry, NBR is used in hoses and belting. In Aeronautics, it is used in hoses and O-rings & seals. In Latex applications, NBR is used as a substitute material. Nitrile butadiene rubber also finds applications in various industries such as PVC, ABS, and Crude oil. It is used in the production of hoses, belting, and cables in PVC and ABS industries. In the Crude oil industry, NBR is used in hoses, tubing, and O-rings & seals. NBR is also used in the production of impact modifier, polyvinyl chloride, acrylonitrile butadiene styrene, and thermoplastic elastomers. Furthermore, Nitrile butadiene rubber is used in various automotive applications such as automotive belts, timing belts, and fan belts. It is also used in the production of fluoroelastomers and natural rubber. Overall, the market is expected to grow significantly due to its extensive applications in various industries.
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Market Scope |
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Report Coverage |
Details |
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Page number |
159 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
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Market growth 2024-2028 |
USD 319.8 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.23 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 62% |
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Key countries |
China, US, Japan, Germany, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Abbott Rubber Co. Inc., airboss.com, Apcotex Industries Ltd., Atlantic Gasket Corp., China National Petroleum Corp., Eni SpA, EW Polymer Group LLC, Grupo Dynasol, Hanna Rubber Co., JSR Corp., Kumho Petrochemical Co. Ltd., Lanxess AG, LG Chem Ltd., NANTEX INDUSTRY Co. Ltd., Nitriflex, Rahco Rubber Inc., SIBUR Holding PJSC, Synthos SA, TSRC Corp., and Zeon Corp. |
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Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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