Nitrile Butadiene Rubber Powder Market trends research and projections for 2019 - 2025

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Nitrile Butadiene Rubber Powder Market Growth
Outlook with Industry Review and Forecast
2019-2024
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Global Market Scenario of Nitrile Butadiene
Rubber Powder Market

• Nitrile Butadiene Rubber powder market
  constituted for grinding process for production
  which could produce particles with low
  viscosities than the spray drying process. The
  spray drying technique also gives particles well
  below 1.00 mm size. The 0.30 mm to 0.70 mm is
  said to hold a maximum share and will surpass USD
  350 million by 2024.
• The cross linked grade finds major applications
  in PVC modifications for softening effect along
  with uses in the automotive industry which
  results in increased market share. The U.S. cross
  linked segment will surge to USD 30 million in
  the next seven years owing to huge presence of
  automotive industry in the country. Considering
  volume, the segment is said to capture 50 share
  of nitrile rubber powder market.
• Massive applications of the product as a friction
  material, adhesive, water resistant, modifier,
  etc. will fuel the NBR powder market demand in
  the long-run. The abrasion resistant compounds
  segment is said to touch USD 40 million by 2024,
  whereas the PVC modification segment will surpass
  45 share in the nitrile rubber powder market.
• Phthalates interfere with the hormonal system in
  certain quantities. There esters are molecularly
  low-weight and have excellent durability and
  flexibility. Phthalates are low-cost composites
  used in NBR compounds for their varied
  performances.

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• Consumer goods demand is ever increasing in the
  developing as well as developed countries. The
  U.S. packed consumer goods industry accounted for
  approximately USD 760 billion, USD 635 billion
  and USD 400 billion in 2016, 2015 and 2014
  respectively. The ever-increasing demand for
  consumer goods in the U.S. will drive the market
  in this region. The U.S. consumer goods segment
  will cross USD 45 million by 2024 owing to high
  demand in this region.
• Europe, directed by Germany will hold close to
  20 industry share by the end of the forecast
  period on account of presence of prominent
  industries in the country. The region will grow
  at a sluggish rate owing to strict regulations of
  European Union in the region such as constraint
  of phthalates, a low-molecular weight ester for
  the production of various items such as toys.
• Flourishing automotive industry in countries such
  as China and India coupled with vast presence of
  automobiles in Japan and South Korea will drive
  the nitrile rubber powder market in the Asia
  Pacific region. In 2008, vehicle sales in China
  accounted for over 9.3 million and increased
  rapidly to surpass 29.1 million in the next 9
  years. Similarly, Indian automotive industry
  doubled in the past nine years reaching close to
  4 million new vehicle sales in 2017.

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360 Industry Analysis

• Consumer goods demand is ever increasing in the
  developing as well as developed countries. The
  U.S. packed consumer goods industry accounted for
  approximately USD 760 billion, USD 635 billion
  and USD 400 billion in 2016, 2015 and 2014
  respectively. The ever-increasing demand for
  consumer goods in the U.S. will drive the market
  in this region. The U.S. consumer goods segment
  will cross USD 45 million by 2024 owing to high
  demand in this region.
• Europe, directed by Germany will hold close to
  20 industry share by the end of the forecast
  period on account of presence of prominent
  industries in the country. The region will grow
  at a sluggish rate owing to strict regulations of
  European Union in the region such as constraint
  of phthalates, a low-molecular weight ester for
  the production of various items such as toys.
•  

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• Competitive Analysis
• Key players in the Nitrile market
  include Taprath Polymers, Omnova Solutions,
  Nitriflex, LG Chem, Lanxess, Swaraj Rubber
  Industries, and Zeon Chemicals to mention some.

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Rubber Powder Market _at_ https//bit.ly/2IH9ISS
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