The global fast curing nitrile butadiene rubber (NBR) market is expected to reach approximately USD 581.2 million by 2025, according to a new report conducted by Grand View Research, Inc. Favorable outlook for the automotive manufacturing sector in emerging economies such as China, India, and Mexico, as a result of increasing domestic consumption of four-wheeler vehicles, is expected to promote the market growth. Furthermore, the rising demand for lightweight automotive materials with excellent mechanical strength on account of shifting preference from metal to polymers amid the growing importance of driver comfort and aesthetics characteristics is expected to keep high penetration of the application over the next eight years.

Oil & gas is projected to foresee volume growth at a predicted CAGR of 3.7% from 2017 to 2025. The upscaling requirements of consumables and products for sensitive conditions concerning temperature and pressure fluctuations are expected to play a crucial role in increasing the activity about high-temperature molding. This trend is projected to promote the usage of fast curing NBR products in the form of hoses, seals, and O-rings in the petroleum industry.

Access Full Research Report On Fast Curing Nitrile Butadiene Rubber Market Analysis: www.grandviewresearch.com/industry-analysis/fast-curing-nitrile-butadiene-rubber-nbr-market

Russia fast curing NBR market, by product, 2014 – 2025 (Kilo Tons)

Further key findings from the report suggest:

• Global fast curing NBR demand was 132.4 kilo tons in 2016 and is expected to reach 181.6 kilo tons by the end of 2025, expanding at a CAGR of 3.6% from 2017 to 2025.

• Rising concerns over mold fouling during polymer processing in automotive, and oil & gas industry is expected to force the buyers to procure products with fast curing rates. However, increasing market size of silicone elastomers with good conductive properties and excellent mechanical characteristics is expected to pose a credible threat to fast cured polymers over the projected period.

• Disposable gloves are expected to foresee volume growth at a CAGR of 3.8% from 2017 to 2025. The introduction of disposable gloves in developed economies including Germany and the UK which are used on a single patient became very popular owing to the low risk of contamination. These products are based on polymers including latex, rubber, nitrile rubber, neoprene and vinyl which are capable of protecting patients and physicians from cross-contamination during medical examinations.

• Asia Pacific is expected to witness fastest revenue growth at a CAGR of 4.4% from a period of 2017 to 2025. The government of China announced funding of USD 1.1 trillion for infrastructure improvement in March 2015. This announcement is expected to increase the demand for fast curing NBR based sealants.

• Key industry participants include Lanxess, JSR, Kumho Petrochemicals and Zeon Chemicals. Product innovation and the establishment of a strategic partnership with buyers are expected to remain critical success factors for the industry participants.  

Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials

Fast curing NBR market volume, by application, 2016 (%)

Grand View Research has segmented the global fast curing NBR market on the basis of product, application, and region:

Fast Curing NBR Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

• Hoses

• Belts

• Cables

• Molded & Extruded Products

• Seals & O-rings

• Rubber Compounds

• Adhesives & Sealants

• Gloves

• Foamed Products

• Others

Fast Curing NBR Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

• Automotive

• Mechanical Engineering

• Oil & Gas

• Metallurgy & Mining

• Construction

• Medical

• Others

Fast Curing NBR Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 – 2025)

• North America

  • U.S.

• Europe

  • Germany

  • UK

• CIS

  • Russia

• Asia Pacific

  • China

  • Japan

• Central & South America

  • Brazil

• MEA

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com