Global Acrylonitrile-Butadiene Rubber (NBR) market cagr 7.7%

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AcrylonitrileButadiene Rubber (NBR)

Market

Acrylonitrile-Butadiene Rubber (NBR) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Acrylonitrile-Butadiene Rubber (NBR) Market Size and Growth

The Acrylonitrile-Butadiene Rubber (NBR) market is experiencing robust growth, driven by increasing demand across automotive, oil and gas, and consumer goods industries. The market size is projected to reach approximately USD 3 billion by 2028, reflecting a CAGR of around 5-6%, influenced by rising industrial applications and advancing technologies.

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Companies Covered

(Covid 19 Impact Covered)

◍ LANXESS

◍ Zeon

◍ CNPC

◍ Nantex

◍ KKPC

◍ LG Chem

◍ Ningbo Shunze

◍ Sibur

◍ JSR

◍ Industrias Negromex

◍ Versalis

◍ Petrobras Argentina

◍ Huangshan Hualan Technology

◍ Nanjing Xinfeima Chemical

◍ Jiangyin Zhengbang Chemicals

The Acrylonitrile-Butadiene Rubber (NBR) market features key players like LANXESS, Zeon, and LG Chem, focusing on automotive, industrial, and consumer applications. These companies enhance market growth through product innovation, expanding capacity, and strategic partnerships. Notable revenue include:

- LANXESS: ~$6.5 billion - LG Chem: ~$23 billion

- Zeon: ~$2.5 billion

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Market Segmentation

By Application

◍ Automobiles Industry

◍ Construction Industry

◍ Machinery Industry

◍ Aprons & Cots Industry

◍ Others

By Product

◍ Block Type

Particles/Crumb Type ◍ Powder Type

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Market Growth

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$ X Billion USD

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Global Acrylonitrile-Butadiene Rubber (NBR) market cagr 7.7% by ReportPrime - Issuu