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Nitrile Rubber (NBR) Latex is synthetic latex mainly used for medical rubber gloves. It has great durability, wear resistance, tensile strength, and color. In addition, it does not have volatile organic compounds (VOCs) so it is rapidly expanding as it serves as a substitute for natural latex.
Market Analysis and Insights: Global Nitrile Rubber (NBR) Latex Market
Due to the COVID-19 pandemic, the global Nitrile Rubber (NBR) Latex market size is estimated to be worth US$ 2531.6 million in 2022 and is forecast to a readjusted size of US$ 4460.4 million by 2028 with a CAGR of 9.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Middle Acrylonitrile Type accounting for % of the Nitrile Rubber (NBR) Latex global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Gloves segment is altered to an % CAGR throughout this forecast period.
Global Nitrile Rubber (NBR) Latex key players include Kumho Petrochemical, Synthomer, Nantex,etc. Global top three manufacturers hold a share over 56%. Asia Pacific is the largest market, with a share about 96%, followed by North America, and Europe. In terms of product, Middle Acrylonitrile Type is the largest segment, with a share over 65%. And in terms of application, the largest application is gloves, followed by Paper, Fabrics, Gaskets, etc.
Global Nitrile Rubber (NBR) Latex Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nitrile Rubber (NBR) Latex Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Middle Acrylonitrile Type
High Acrylonitrile Type
Low Acrylonitrile Type
Segment by Application
Gloves
Paper
Fabrics
Gaskets
Others
By Company
Kumho Petrochemical
Synthomer
LG Chem
Zeon Chemicals
Nantex
Bangkok Synthetics
Emerald Performance Materials
Jubilant Bhartia Group
Apcotex Industries
Shin Foong
Croslene Chemical
Hongtai Rubber
Jiuzhou Aohua
Production by Region
North America
China
China Taiwan
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Market Analysis and Insights: Global Nitrile Rubber (NBR) Latex Market
Due to the COVID-19 pandemic, the global Nitrile Rubber (NBR) Latex market size is estimated to be worth US$ 2531.6 million in 2022 and is forecast to a readjusted size of US$ 4460.4 million by 2028 with a CAGR of 9.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Middle Acrylonitrile Type accounting for % of the Nitrile Rubber (NBR) Latex global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Gloves segment is altered to an % CAGR throughout this forecast period.
Global Nitrile Rubber (NBR) Latex key players include Kumho Petrochemical, Synthomer, Nantex,etc. Global top three manufacturers hold a share over 56%. Asia Pacific is the largest market, with a share about 96%, followed by North America, and Europe. In terms of product, Middle Acrylonitrile Type is the largest segment, with a share over 65%. And in terms of application, the largest application is gloves, followed by Paper, Fabrics, Gaskets, etc.
Global Nitrile Rubber (NBR) Latex Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nitrile Rubber (NBR) Latex Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Middle Acrylonitrile Type
High Acrylonitrile Type
Low Acrylonitrile Type
Segment by Application
Gloves
Paper
Fabrics
Gaskets
Others
By Company
Kumho Petrochemical
Synthomer
LG Chem
Zeon Chemicals
Nantex
Bangkok Synthetics
Emerald Performance Materials
Jubilant Bhartia Group
Apcotex Industries
Shin Foong
Croslene Chemical
Hongtai Rubber
Jiuzhou Aohua
Production by Region
North America
China
China Taiwan
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
