Title: Nitrile Butadiene Rubber Market - Forecast (2023 - 2028)
1Nitrile Butadiene Rubber Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Nitrile Butadiene Rubber Market size is estimated
to grow at a CAGR of 4.8 during 2022-2027 and is
valued at USD 2.91 billion in the year 2027.
Nitrile butadiene rubber (NBR), also known as
Acrylonitrile butadiene rubber, is a copolymer of
two monomers, acrylonitrile (ACN), and butadiene.
The yielded polymer latex is coagulated
using calcium nitrate, aluminium nitrate, and
other coagulating agents, to obtain the nitrile
butadiene rubber. It is the most commonly used
elastomer in seals and the industrial sector. The
primary reason for this is its excellent
resistance to hydrocarbon oils, unlike natural
rubber. A common branch of NBR is carboxylated
nitrile butadiene rubber (XNBR), where carboxylic
acid groups are introduced to NBR.
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- Key Takeaways
- The Asia-Pacific region will dominate the Nitrile
Butadiene Rubber Market within the forecast
period of 2022-2027. - Seals O-rings are the most common application
of nitrile butadiene rubber as it is virtually
used in every industry and sector to provide
resistance and stability. - The growth in the Automotive sector and the
Aerospace Defense sector will drive the Nitrile
Butadiene Rubber Market within the forecast
period of 2022-2027. -
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By Distribution Channel- Segment Analysis Seals
O-rings hold the largest share of 38 by
application in the Nitrile Butadiene Rubber
Market within the forecast period 2022-2027. O-rin
gs are mechanical seals in the shape of a torus
that is used for static seal applications. O-ring
seals are used in diverse areas of applications,
from tap fittings to air-conditioning systems to
car engines. They are widely demanded due to
their resistance to ozone, swelling, and high
temperatures. The increasing demand for
industrial manufacturing has also led to an
increase in demand for seals and O-rings.
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- Nitrile Butadiene Rubber Market
Outlook - ARLANXEO
- Kumho Petrochemical Co., Ltd.
- Sinopec
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Nitrile Butadiene Rubber Market Forecast
(2023 - 2028) Learn More About the Report
_at_ https//www.industryarc.com/Research/Nitrile-B
utadiene-Rubber-Market-Research-507262
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