Chemical Industry Updates

  The global Nitrile Butadiene Rubber Market is estimated to be valued at US$ 2.2 Bn or Mn in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Nitrile butadiene rubber  (NBR) is a family of unsaturated copolymers with acrylonitrile and 1,3-butadiene monomers. NBR possesses high levels of resistance to oil, gas, solvents, and dynamic loads. It also has excellent low-temperature performance, making it ideal for applications in automotive and construction sealants, oil field equipment, molded goods, and more. Market key trends: One of the key trends in the nitrile butadiene rubber market is the growing demand for eco-friendly nitrile butadiene rubber. Eco-friendly NBR uses plant oils and renewable carbon sources instead of petroleum-derived ingredients. It has lower environmental impact and carbon footprint as compared to conventional NBR. Eco-friendly NBR addresses

  Nitrile butadiene rubber, often referred to as NBR, is a type of synthetic rubber that is commonly used in a variety of applications. It is a copolymer of butadiene and acrylonitrile, and it is produced by the emulsion polymerization process. NBR has a high resistance to oil, fuel, and other chemicals, making it ideal for use in gaskets, seals, and other automotive and industrial applications where exposure to these substances is common. It also has good resistance to abrasion and tearing, and can withstand a wide range of temperatures. In addition to its industrial uses, NBR is also used in the production of disposable gloves and other medical devices, as it is resistant to a wide range of chemicals and has good elasticity. Key companies covered as a part of this study include Apcotex Industries Limited, ARLANXEO, China Petroleum & Chemical Corporation (Sinopec), Dynasol Group, JSR Corporation, KUMHO PETROCHEMICAL, Lanxess, LG Chem, Sibur, Synthomer, Synthos, TSRC, Versalis SpA,