According to the report titled ‘Nitrile Butadiene Rubber (NBR) Powder Market Size By Particle Size (Less Than 0.075, 0.075 - 0.15, 0.15 - 0.30, 0.30 - 0.70, 0.70 - 1.00), By Grade (Pre-cross Linked, Cross Linked, Linear), By Application (Water Resistant Products, Adhesives, Abrasion Resistant Compounds, PVC Modifications, Friction Materials), By End-user (Automotive, Construction, Footwear, Consumer Goods), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, nitrile butadiene rubber powder market is expected to grow significantly during the forecast period 2020-2026.

 

Elevated use of frictional materials in automotive sector, upsurge in the usage of seals, gaskets, & adhesives in various end-use verticals, and expanding construction & infrastructure improvement activities are the factors contributing to the growth of global nitrile butadiene rubber powder market.

 

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For the uninitiated, nitrile butadiene rubber (NBR) is a synthetic rubber produced by emulsion-polymerizing acrylonitrile and butadiene at low temperatures. It boasts of properties like low permeability to various gases, high dynamic fatigue resistance, superior resistance to fuels, greases, abrasion, and wear, and better ageing temperature resistance.

 

However, availability of active alternatives to NBR powder, and environmental concerns about phthalates are likely to impede market growth during the forecast period.

 

According to particle size, the 0.075-0.15 segment is estimated to grow at a CAGR of 4% over the forecast period, due to their temperature adaptability as well as high resistance to exhaustion and friction, making them good adhesives for fillers and for phenolic resin modification.

 

Based on grade, the cross-linked segment of global nitrile butadiene rubber powder market is projected to account for 50% share by the end of analysis period, because of their usage in manufacturing of brake pads, crash pads, and coated conveyor belts.

 

In terms of application, the friction materials segment is likely to account for 9% market share by the year 2026. To increase the frictional force, friction materials are used in making brake pads & linings and coupling plates which are used in various automobiles.

 

According to end-user scope, the consumer goods segment is expected to grow at a CAGR of 6.5% over the forecast period, with NBR powder being used in making moldings and synthetic leathers which are heavily employed in refrigerators and ACs.

 

With respect to regional standpoint, Latin America market size is anticipated to expand at 7.5% CAGR during the projection period due to flourishing construction vertical, especially in countries like Brazil and Mexico.

 

The competitive landscape of worldwide nitrile butadiene rubber (NBR) powder market is defined by companies such as China Petroleum & Chemical Corporation (Sinopec), Saudi Arabian Oil Company, Nitriflex S.A. Industria E Comercio, LG Chem Ltd., Huangshan Hualan Technology Co. Ltd., SIBUR, Zeon Chemicals L.P., Taprath Polymers Private Limited, OMNOVA Solutions Inc., and JSR Corporation among others.