Hydrogenated Nitrile Butadiene Rubber(HNBR) Market Size And Forecast
TheGlobal Hydrogenated Nitrile Butadiene Rubber (HNBR) Market report provides aholistic evaluation of the market for the forecast period. The report comprisesvarious segments as well as an analysis of the trends and factors that areplaying a substantial role in the market. These factors; the market dynamicsinvolve the drivers, restraints, opportunities, and challenges through whichthe impact of these factors in the market is outlined. The drivers andrestraints are intrinsic factors whereas opportunities and challenges areextrinsic factors of the market. The Global Hydrogenated Nitrile ButadieneRubber (HNBR) Market study provides an outlook on the development of the marketin terms of revenue throughout the prognosis period.
Hydrogenated Nitrile Butadiene Rubber (HNBR) Marketwas valued at USD 11.92 Billion in 2019 and is projected to reach USD 22.38 Billion by 2027, growingat a CAGR of 8.2% from 2020 to 2027.
What is Hydrogenated Nitrile ButadieneRubber (HNBR)?
Hydrogenatedacrylonitrile-butadiene rubber (HNBR) is a hydrogenated version of NBR(nitrile) rubber. It is a unique elastomer. It can be made via conventionalnitrile rubber by hydrogenation of the unsaturated bonds in the butadiene unitsof the polymer: HNBR shows excellent resistance to common automotive fluids andmany industrial chemicals. Properties of the hydrogenated nitrile rubber (HNBR)depend upon the acrylonitrile content and the degree of hydrogenation of thebutadiene copolymer. Typical applications HNBR include diaphragms, accumulatorbladders, gaskets, and seals, especially for the oil and gas industries.
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Global Hydrogenated Nitrile ButadieneRubber (HNBR) Market Outlook
Inthe report, the market outlook section mainly encompasses fundamental dynamicsof the market which include drivers, restraints, opportunities and challengesfaced by the industry. Drivers and restraints are intrinsic factors whereasopportunities and challenges are extrinsic factors of the market.
Worldwide,demand for hydrogenated nitrile butadiene rubber (HNBR)s is rising withincreasing consumption of HNBR in manufacturing industrial and medical gloves.As a rise in the number of industrial accidents and HNBR gloves are highlyrecommended in almost all major industrial applications. Thus drive the marketfor hydrogenated nitrile butadiene rubber during the forecasted period. Also,HNBR possesses excellent solvent or chemical resistance, along with thesuperior thermal stability, which makes it the most preferred material inmanufacturing medical non-latex gloves. Additionally, HNBR has better ozoneresistance, high strength, and better tolerance than NBR in oil drillingapplications, it is expected to boost the HNBR market. However, theavailability of substitutes such as thermoplastic elastomers might hamper themarket growth.
VerifiedMarket Research narrows down the available data using primary sources tovalidate the data and use it in compiling a full-fledged market research study.The report contains a quantitative and qualitative estimation of marketelements that interests the client. The “Global Hydrogenated Nitrile ButadieneRubber (HNBR) Market” is mainly bifurcated into sub-segments which can provideclassified data regarding the latest trends in the market.
GlobalHydrogenated Nitrile Butadiene Rubber (HNBR) Market Competitive Landscape
The“Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market” study report willprovide a valuable insight with an emphasis on global market including some ofthe major players such as Zeon Chemicals, Polycomp, ARLANXEO, LiandaCorporation, Elastomer Engineering Ltd., Rahco Rubber, Inc., Ge Mao RubberIndustrial Co., Ltd, Parker Hannifin, and KACO GmbH + Co. KG. Our marketanalysis also entails a section solely dedicated to such major players whereinour analysts provide an insight into the financial statements of all the majorplayers, along with its product benchmarking and SWOT analysis. The competitivelandscape section also includes key development strategies, market share andmarket ranking analysis of the above-mentioned players globally.
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Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, ByApplication
•Diaphragms
• Timing Belts
• Hoses
• Rolls
• Stators
• O-rings
• Seals and Gaskets
• Axle Boots
• Packers
Hydrogenated Nitrile ButadieneRubber (HNBR) Market, By End Use Industry
•Construction
• Automotive
• Industrial
• Medical
• Oil and Gas
Hydrogenated Nitrile ButadieneRubber (HNBR) Market, By Geographic Scope
•North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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