Global Acrylonitrile Butadiene Rubber (BR) Market, By Product Type (Extra High AN Content (Above 45%), High AN Content (36-45%), Medium-High AN Content (31-35%), Medium-Low AN Content (26-30%) and Low AN Content (15-25%)), Application (Aviation Industry, Automotive Industry, Machinery Manufacturing and Others), Type (Block Type, Particles/ Crumb Type and Powder Type), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Acrylonitrile Butadiene Rubber (BR) Market
The growing application of acrylonitrile butadiene rubber (BR) by the automotive industry is inducing growth in the demand for acrylonitrile butadiene rubber (BR) globally. Data Bridge Market Research analyses that the acrylonitrile butadiene rubber (BR) market will witness a CAGR of 7.28% for the forecast period of 2021-2028. Therefore, the market would stand tall by USD 2.15 billion by 2028.
The chemical and physical properties of acrylonitrile butadiene rubber (BR) depend upon the composition of nitrile polymer which in turn enables it for a wide range of applications. Acrylonitrile butadiene rubber (BR is a product of copolymerization of butadiene and acrylonitrile. Acrylonitrile butadiene rubber (BR) is a synthetic rubber possessing excellent resistance of compression, adequate resilience, great elastomeric properties and tensile strength but has poor resistivity against flame and steam.
Growth and expansion of various end user industries will carve the way for lucrative growth opportunities for the acrylonitrile butadiene rubber (BR) market. Increasing unconventional gas and oil exploration activities will further boost up the acrylonitrile butadiene rubber (BR) market value. Great physical and chemical attributes of acrylonitrile butadiene rubber (BR) will help to excel its demand in marine applications. Rising technological advancements and research and development proficiencies will also create lucrative and remunerative acrylonitrile butadiene rubber (BR) market growth opportunities.
However, fluctuations in the prices of raw materials will pose a big time challenge to the acrylonitrile butadiene rubber (BR) market growth. Availability of substitutes to acrylonitrile butadiene rubber (BR) will further prove to be a threat for the acrylonitrile butadiene rubber (BR) market growth.
This acrylonitrile butadiene rubber (BR) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on acrylonitrile butadiene rubber (BR) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acrylonitrile Butadiene Rubber (BR) Market Scope and Market Size
The acrylonitrile butadiene rubber (BR) market is segmented on the basis of product type, application and type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product type, the acrylonitrile butadiene rubber (BR) market is segmented into extra high AN Content (Above 45%), high AN content (36-45%), medium-high AN content (31-35%), medium-low AN content (26-30%) and low AN content (15-25%).
- On the basis of application, the acrylonitrile butadiene rubber (BR) market is segmented into aviation industry, automotive industry, machinery manufacturing and others.
- On the basis of type, the acrylonitrile butadiene rubber (BR) market is segmented into block type, particles/ crumb type and powder type.
Global Acrylonitrile Butadiene Rubber (BR) Market Country Level Analysis
Global acrylonitrile butadiene rubber (BR) market is analysed and market size, volume information is provided by country, product type, application and type as referenced above.
The countries covered in the acrylonitrile butadiene rubber (BR) market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the acrylonitrile butadiene rubber (BR) market in terms of market share, market revenue and production volume. The region will continue to flourish its dominance during the forecast period. Growth and expansion of automobile industry especially in the developing countries will further propel growth in the demand for acrylonitrile butadiene rubber (BR). Rising demand for acrylonitrile butadiene rubber (BR) from various end user verticals such as oil and gas, engineering, mining and so on will further create lucrative acrylonitrile butadiene rubber (BR) market growth opportunities. Rising urbanisation, construction of smart cities and infrastructural development will also bolster the acrylonitrile butadiene rubber (BR) market growth rate.
The country section of the nitrile butadiene rubber (BR) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylonitrile Butadiene Rubber (BR) Market Share Analysis
The nitrile butadiene rubber (BR) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nitrile butadiene rubber (BR) market.
The major players covered in the nitrile butadiene rubber (BR) market report are Versalis S.p.A., LANXESS, ZEON CORPORATION, KUMHO PETROCHEMICAL, Synthos, JSR Corporation, SIBUR International GmbH, ARLANXEO, OMNOVA Solutions Inc., TSRC, LG Chem, PetroChina Company Limited, AirBoss of America Corp., Atlantic Gasket Corporation, Precision Associates, Inc., Hanna Rubber Company, Dow, BASF SE, NANTEX Industry Co., Ltd. and Polimeri Europa among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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