Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of 10.40 % during a forecast period. The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and the same is reflected in our analysis. Hydrogenated Nitrile Butadiene Rubber (HNBR) is a unique copolymer of butadiene and acrylonitrile, which is also known as Highly Saturated Nitrile. HNBR is a modified form of NBR exhibitin that offer enhanced stability, better compatibility and physical properties with extended working temperature in comparison to nitrile rubber (NBR). Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market1 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, Dynamics The demand for hydrogenated nitrile butadiene rubber (HNBR) is increasing because of the synthetic rubber, rapid industrialization & shifting consumer preference for high-quality rubber propagated variation in the rubber manufacturing process. HNBR is attracting the attention of many key players, which are operating in the automotive, petroleum, building, gas. The hydrogenated nitrile butadiene rubber (HNBR) is a staple product in industrial supply chains due to its excellent retention, strength and widespread application. In addition, government initiatives like exhibitions, trade fairs, buyer-seller meet, and favorable policies that includes tax breaks, custom duty waivers and economic assistance are expected to drive the market growth. On the other hand high cost, limited resistance to aromatic oils and polar organic solvents, poor electrical and flame resistance properties are expected to limit the global hydrogenated nitrile butadiene rubber (HNBR) market growth. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, Segment Analysis: The automotive sector is expected to contribute XX% share in the global hydrogenated nitrile butadiene rubber (HNBR) market. The growth in the market is attributed to the rise in consumption and auto sales mainly from emerging countries such as China, Indonesia and India. The production of HNBR is majority consume by the tire manufacturing industry. The HNBR offer many benefits like high mechanical strength, excellent heat, superior resistance to fuels and oxidation stability that is expected to increase the demand in the automotive industry. Based on product, the HNBR solid is expected to grow at a XX % rate of CAGR during the forecast period. NBR solid is extensively used in the automotive and Oil and Gas industries due to excellent fuel and heat resistance properties. Additionally, HNBR solid is cost-effective and reduce the weight of automobiles. HNBR non-latex gloves are widely used in medical surgeries by medical health professionals. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market: Regional Analysis Regionally, Asia Pacific is estimated to hold the largest market with market share 40% and is forecasted to continue its dominance at a CAGR of X.XX % during the upcoming forecast. Thanks to easy accessibility of raw materials, rapid urbanization growing consumption in numerous end-industries such as oil & gas, automotive, and construction sectors. China is the leading consumer and contributing maximum share because of the vigorous growing construction and automotive & transportation industries. Thailand, South Korea, and Japan are the other major contributors. Furthermore, favorable policies by government undertaken for manufacturing rubber are expected to boost the regional growth. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, Competitive Analysis Key Trend, Development & Acquisition In 2019, LANXESS introduced an innovative master-batches for delivering strengthened rubber parts usually used in the manufacturing of HNBR products. In 2019,a leading manufacturing company of rubber and plastics materials, Dawn Polymer declared successful analysis ongoing for the project HNBR. The project jointly developed with University of Chemical Technology Beijing by an annual capacity of 3,000 ton. In 2018, Arlanxeo introduced its latest ST3107 VP terpolymerTherban at Rubber Conference in German. The innovative product has a unique termonomer that can reduce up to 10°C temperature for the glass transition in rubber compounds while sustaining the resistance of refined oil. In 2018, Zeon Inc declared strategies to expand the production volume of the cross-linked HNBR Zetpol, in Japan at its Kawasaki plant. The expansion helps the organisation satisfy the burgeoning demand & supply for HNBR in the automotive industry. The objective of the report is to present a comprehensive analysis of the Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market dynamics, structure by analyzing the market segments and projects the Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market size. Clear representation of competitive analysis of key players By Pathogen Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market make the report investor’s guide. For more information of visit:https://www.maximizemarketresearch.com/market-report/global-hydrogenated-nitrile-butadiene-rubber-hnbr-market/63372/ Scope of the Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market: Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Product • HNBR Latex • HNBR Solid Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Application • Belts & Cables • Seals & O-Rings • Hoses • Diaphragms • Adhesives & Sealants • Foamed Products • Others Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By End-Use Industry • Automotive • Machinery • Oil & Gas • Medical • Construction • Others Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: [email protected] : Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India. Contact: +919607195908
Hydrogenated Nitrile Butadiene Rubber (HNBR) Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.
The study has done with respect to market share, size, outlook, estimation and forecast period 2021-2027.
Further, this report also highlights the regional and country-level market analysis.The hydrogenated nitrile butadiene rubber (HNBR) market is vast, with many local and global players.
The key leaders follow several strategies to improve their market position, such as mergers, acquisitions, expansions, product innovations, and extending product portfolio, to boost their market share globally.
For instance, in April 2018, Zeon Corporation (Tokyo), one of the largest producers of polymers globally, declared that it would increase the Kawasaki plant's production capacity to enlarge its business of specialty cross-linked hydrogenated nitrile rubber.
The known players included in the report Polycomp, Rahco Rubber, Inc, ARLANXEO, Lianda Corporation, Zeon Chemicals, Elastomer Engineering Ltd., Parker Hannifin., Ge Mao Rubber Industrial Co., Ltd. (GMORS), and KACO GmbH + Co. KG.
Hydrogenated Nitrile Butadiene Rubber ( HNBR) which hydrogenated version of normal Nitrile Butadiene Rubber are heavily used in these especially in Automotive sector.
According to research study Global Hydrogenated Nitrile Butadiene Rubber ( HNBR) Market is expected to reach USD 16369.18 million by 2027, with approximated CAGR of 7.9 % between 2019 to 2027.
Study uses both primary and secondary data sources in order to deliver precise market information.
Study deliver 360 degree view on important market factors such as competitive landscape, government initiative & policies, market trends, historical data, upcoming technologies and innovation as well as risk, rewards , opportunities and challenges.
Hydrogenated Nitrile Butadiene Rubber ( HNBR) Market Study primarily includes Market status and outlook of global and major regions.
Study comprises of in-detail analysis from the stand point of manufacturers, regions, product types and end user / applications.
The global Hydrogenated Nitrile Butadiene Rubber (HNBR) market is segmented by company, region (country), by Type, and by Application.
The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/80668/global-hydrogenated-nitrile-butadiene-rubber-2021-867 In 2020, the global Hydrogenated Nitrile Butadiene Rubber (HNBR) market size was US$ 416.9 million and it is expected to reach US$ 639.4 million by the end of 2027, with a CAGR of 6.3% during forecast period.Segment by TypeLow ACNMedium ACNHigh ACNIn 2018, medium ACN accounted for a major share of 46% the global HNBR market.Segment by ApplicationBeltsSeals and GasketsCable and HosesOil & GasOthersThe Belts hold an important share in terms of applications, and accounts for 36% of the market share.The Hydrogenated Nitrile Butadiene Rubber (HNBR) market is analysed and market size information is provided by regions (countries).
Segment by Application, the Hydrogenated Nitrile Butadiene Rubber (HNBR) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.By CompanyZeonLANXESSZannan ScitechDawn PolymerReasons to Purchase Our Research Report:1.
Analyzing the outlook of the market with the recent trends and SWOT analysis2.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects4.
