Nitrile Butadiene Rubber (NBR) Latex Market Size to Cross $2860.1 Mn by 2026

Nitrile Butadiene Rubber (NBR) Latex Market (By Product: Medical Grade, Industrial Grade; By End-User: Medical, Industrial) –Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Nitrile butadiene rubber (NBR) latex is a type of synthetic latex in liquid form with milky color. It’s a part of unsaturated acrylonitrile and butadiene copolymers family. NBR latex properties include excellent tensile strength and good resistance to various oils including mineral & vegetable oils, benzene/petrol, ordinary diluted acids, and alkalines. It is used as the key part of medical and industrial applications, where oil, fuel and chemical resistance is required. Nitrile butadiene rubber (NBR) is used for manufacturing fuel and oil hoses, seals and grommets and water handling applications in automotive industry. Also, used for making laboratory and other gloves including disposable lab, cleaning, and examination gloves.

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In 2018, Asia Pacific dominated the nitrile butadiene rubber (NBR) latex market with maximum market share. The major economies of the region including Japan, South Korea, China, and India are majorly contributing to the regional market growth. The rapid industrialization and high production capacity in the region are supporting the market value. For instance, Zeon Corp. has announced the production capacity expansion for hydrogenated nitrile rubber at its Kawasaki, Japan-based manufacturing plant. The plant produces Zetpol HNBR latex, which has applications across the coating glass cord and fabric. Also, Sinopec, a major China Petrochemical Corp. has invested in Sibur and became the strategic partner of the company in 2015. Sibur and Sinopec have plants to design a joint venture plant for acrylonitrile-butadiene rubber (NBR) in Shanghai, China.

On the basis of application, the industrial segment dominated the market with potential market share. The properties associated with the industrial use NBR products are contributing to the market growth. The properties include excellent abrasion and high resistance to several chemicals like mineral, hydraulic & vegetable oils, greases, solvents, and animal fats. For instance, Synthomer highlighted the strength in the nitrile latex market and occupied spotlight at Rubber Glove Conference and Exhibition in 2016. Malaysian Rubber Glove Manufacturers Association has organized IRGCE which was co-hosted by the Malaysian Rubber Export Promotion Council.

In terms of product, Industrial grade NBR latex has registered the maximum share in the year 2018. The segment accounted for the potential share owing to the presence of a wide range of products manufactured from industrial grade NBR latex.

Some of the leading competitors are LG Chem, Zibo Elim Trade Co., Ltd., Zeon Chemicals, Omnova Solutions, Kumho Petrochemicals, Nantex, Apcotex Industries Limited, and Synthomer plc. Nitrile Butadiene Rubber (NBR) Latex companies have announced mergers and acquisitions to expand their position in the Nitrile Butadiene Rubber (NBR) Latex market. Major players are also moving into new regions with advance technologies for expanding the geographical presence.

Some of the key observations regarding Nitrile Butadiene Rubber (NBR) Latex market include:

Top Glove Corporation has launched its flagship product on World Environment Day in 2019. The new BioGreen Biodegradable Nitrile Gloves are designed to provide protection to the user and environment simultaneously. The new gloves can biodegrade in anaerobic environments like landfills.
Synthomer, a British-based chemicals company has expanded its nitrile latex production capacity with the opening of a new facility in Pasir Gudang, Malaysia. The new facility opened in 2018 with the official expansion of 90,000-metric ton production. The plant was officially inaugurated by the British High Commissioner to Malaysia.
Arlanxeo has upgraded its La Wantzenau, France based nitrile rubber production facility in 2018. The modernization of the plant is part of the company's growth strategy.
OMNOVA Solutions announced the sale of India Rubber Manufacturing Business in 2016. The deal with the India based organization Apcotex Industries Limited includes acrylonitrile-butadiene rubber (NBR), high styrene rubber masterbatches, and NBR-PVC polyblends product lines
Synthomer, a UK based organization announced the acquisition of OMNOVA Solutions in 2019. OMN is a US-based specialty chemical company. According to the acquisition, each shareholder of Omnova will receive $10.15 per share they own.
Apcotex Industries has a major capacity expansion plan for synthetic latex to 75 to 80,000 MT from the existing capacity of 55,000 MT in 2018. The new facility is expected to increase nitrile rubber capacity to 30,000 MT in the year 2019.
Jubilant Agri and Consumer Products, a wholly-owned subsidiary of Jubilant Industries have announced the transfer of its retail hypermarket business to Aditya Birla Retail in 2016. The transfer consists of Agri products and performance polymers products including latex, such as vinyl pyridine, SBR and NBR latex, adhesives, wood finishes, and food polymers.

Market Segment Analysis:

Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of this market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of this market.

Market Segmentation

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Pure Cashmere
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Nitrile Butadiene Rubber (NBR) Latex Market By Product
1.2.2.1. Global Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share By Product in 2018
1.2.2.3. Medical Grade
1.2.2.4. Industrial Grade
1.2.3. Nitrile Butadiene Rubber (NBR) Latex Market By End-User
1.2.3.1. Global Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate Comparison By End-User (2015-2026)
1.2.3.2. Global Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share By End-User in 2018
1.2.3.3. Medical
1.2.3.4. Industrial
1.2.4. Nitrile Butadiene Rubber (NBR) Latex Market By Geography
1.2.4.1. Global Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2018

CHAPTER 4. NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY PRODUCT
4.1. Global Pure Cashmere Revenue By Product
4.2. Medical Grade
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Industrial Grade
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY END-USER
5.1. Global Pure Cashmere Revenue By End-User
5.2. Medical
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Industrial
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY COUNTRY
6.1. North America Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY COUNTRY
7.1. Europe Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY COUNTRY
8.1. Asia-Pacific Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY COUNTRY
9.1. Latin America Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST & AFRICA NITRILE BUTADIENE RUBBER (NBR) LATEX MARKET BY COUNTRY
10.1. Middle East & Africa Nitrile Butadiene Rubber (NBR) Latex Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Nitrile Butadiene Rubber (NBR) Latex Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 11. COMPANY PROFILE
11.1. LG Chem
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Zibo Elim Trade Co., Ltd.
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Zeon Chemicals
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Omnova Solutions
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Kumho Petrochemicals
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Nantex
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Apcotex Industries Limited
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Synthomer plc.
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Others
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies

CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope

Market Regional Analysis:

Based on the regions, the global nitrile butadiene rubber (NBR) latex market is segmented into -North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Latin America (Mexico, Brazil and Rest of Latin America), Middle East & Africa (GCC, South Africa and Rest of MEA)

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