Nitrile Butadiene Rubber Market Size, Share & Trends Report

Nitrile Butadiene Rubber Market (2024 - 2030) Size, Share & Trends Analysis Report By Product (Hoses, Belts, Cables, Molded & Extruded Products), By Application (Automotive, Mechanical Engineering, Oil & Gas), By Region, And Segment Forecasts

Market Segmentation

Nitrile Butadiene Rubber Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Hoses
- Belts
- Cables
- Molded & Extruded Products
- Seals & O-rings
- Rubber Compounds
- Adhesives & Sealants
- Gloves
- Foamed Products
- Others
Nitrile Butadiene Rubber Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Automotive
- Mechanical Engineering
- Oil & Gas
- Metallurgy & Mining
- Construction
- Medical
- Others
Nitrile Butadiene Rubber Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
  - North America Nitrile Butadiene Rubber Market, By Product
    - Hoses
    - Belts
    - Cables
    - Molded & Extruded Products
    - Seals & O-rings
    - Rubber Compounds
    - Adhesives & Sealants
    - Gloves
    - Foamed Products
    - Others
  - North America Nitrile Butadiene Rubber Market, By Application
    - Automotive
    - Mechanical Engineering
    - Oil & Gas
    - Metallurgy & Mining
    - Construction
    - Medical
    - Others
  - U.S.
    - U.S. Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - U.S. Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - Canada
    - Canada Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Canada Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - Mexico
    - Mexico Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Mexico Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
- Europe
  - Europe Nitrile Butadiene Rubber Market, By Process
    - Hoses
    - Belts
    - Cables
    - Molded & Extruded Products
    - Seals & O-rings
    - Rubber Compounds
    - Adhesives & Sealants
    - Gloves
    - Foamed Products
    - Others
  - Europe Nitrile Butadiene Rubber Market, By Application
    - Automotive
    - Mechanical Engineering
    - Oil & Gas
    - Metallurgy & Mining
    - Construction
    - Medical
    - Others
  - Germany
    - Germany Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Germany Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - UK
    - UK Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - UK Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - France
    - France Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - France Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - Italy
    - Italy Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Italy Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - Russia
    - Russia Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Russia Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
- Asia Pacific
  - Asia Pacific Nitrile Butadiene Rubber Market, By Process
    - Hoses
    - Belts
    - Cables
    - Molded & Extruded Products
    - Seals & O-rings
    - Rubber Compounds
    - Adhesives & Sealants
    - Gloves
    - Foamed Products
    - Others
  - Asia Pacific Nitrile Butadiene Rubber Market, By Application
    - Automotive
    - Mechanical Engineering
    - Oil & Gas
    - Metallurgy & Mining
    - Construction
    - Medical
    - Others
  - China
    - ChinaNitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - China Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - India
    - India Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - India Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - Japan
    - Japan Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Japan Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - South Korea
    - South Korea Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - South Korea Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
- Central & South America
  - Central & South America Nitrile Butadiene Rubber Market, By Process
    - Hoses
    - Belts
    - Cables
    - Molded & Extruded Products
    - Seals & O-rings
    - Rubber Compounds
    - Adhesives & Sealants
    - Gloves
    - Foamed Products
    - Others
  - v Nitrile Butadiene Rubber Market, By Application
    - Automotive
    - Mechanical Engineering
    - Oil & Gas
    - Metallurgy & Mining
    - Construction
    - Medical
    - Others
  - Brazil
    - Brazil Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - v Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - Argentina
    - Argentina Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - Argentina Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
- Middle East & Africa
  - Middle East & Africa Nitrile Butadiene Rubber Market, By Process
    - Hoses
    - Belts
    - Cables
    - Molded & Extruded Products
    - Seals & O-rings
    - Rubber Compounds
    - Adhesives & Sealants
    - Gloves
    - Foamed Products
    - Others
  - Middle East & Africa Nitrile Butadiene Rubber Market, By Application
    - Automotive
    - Mechanical Engineering
    - Oil & Gas
    - Metallurgy & Mining
    - Construction
    - Medical
    - Others
  - GCC Countries
    - GCC Countries Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - GCC Countries Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others
  - South Africa
    - South Africa Nitrile Butadiene Rubber Market, By Process
      - Hoses
      - Belts
      - Cables
      - Molded & Extruded Products
      - Seals & O-rings
      - Rubber Compounds
      - Adhesives & Sealants
      - Gloves
      - Foamed Products
      - Others
    - South Africa Nitrile Butadiene Rubber Market, By Application
      - Automotive
      - Mechanical Engineering
      - Oil & Gas
      - Metallurgy & Mining
      - Construction
      - Medical
      - Others

Nitrile Butadiene Rubber Market Dynamics

Driver: Ascending demand from oil & gas industry

Increasing oil & gas drilling activities, especially shale gas, are fueling the growth of oil & gas industry, which, in turn, is further anticipated to drive the market growth. Shale gas is a natural gas found confined within shale formations and is extracted using horizontal drilling and hydraulic fracturing technologies. Shale gas has become an important source of natural gas in the U.S. Studies suggest that shale gas is expected to greatly expand the global energy supply. Growing investment in shale gas production and rising focus toward reducing the dependence on oil imports from other countries are boosting the production of shale gas in the U.S. In addition, growing applications of shale gas in manufacturing, oil & gas, and power industries are expected to boost the demand for nitrile butadiene rubber in the oil & gas industry. Apart from the U.S., countries such as Canada, China, and Argentina are among the shale gas producing nations.

Nitrile butadiene rubber products, such as hoses, oil handling seals, drill bit seals, self-sealing fuel tanks, molded components, and others are widely utilized in oil & gas industry. The exceptional properties such as excellent oil, fuel, grease resistance, heat resistance, and abrasion resistance are significantly propelling the demand for nitrile butadiene rubber in oil & gas industry.

Driver: Increasing demand from automotive industry

NBR is extensively used in automotive industry owing to its properties such as resistance to oil & chemicals, structural stability in extreme temperatures, and impact resistance. NBR is used in automotive components such as hoses, cables & belting, O-rings & seals, and other molded & extruded products. In addition, NBR powder is used in automotive industry in gasket manufacturing. Requirement of these components in the service of automotive also creates an opportunity for NBR in the aftermarket. In recent years, the automobile industry has witnessed robust growth, particularly in the Asia Pacific market. Improving socio-economic trends and infrastructure developments are some of the key factors that have contributed to the growth of this sector. The availability of workforce, favorable regulations, and initiatives by the government to provide attractive FDI regulations have resulted in major players shifting their manufacturing bases to countries such as India, China, and Indonesia. Furthermore, technological advancements and increasing trend of electric vehicles have increased the need for lightweight, durable, and recyclable products. A gradual increase in the number of electric vehicles is also expected to positively augment the growth of the nitrile butadiene rubber market in the coming years.

Restraint: Volatile raw material prices

Petrochemical prices are largely influenced by crude oil prices, the latter being its major source. As major raw materials used in the production of nitrile butadiene rubber are largely dependent on petrochemicals, volatility in crude oil prices is expected to result in fluctuating prices of nitrile butadiene over the forecast period. Acrylonitrile and butadiene are the major raw materials of nitrile butadiene rubber. Acrylonitrile is derived from propylene and butadiene is extracted from crude butylene concentration stream, (a byproduct of ethylene and propylene). Ethylene and propylene are further produced from crude oil derivatives. Thus, the variation in crude oil prices has a significant impact on the price of nitrile butadiene rubber. Fluctuations in crude oil prices can be attributed to supply-demand imbalance, seasonal variation, and political instability.

What Does This Report Include?

This section will provide insights into the contents included in this nitrile butadiene rubber market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Nitrile butadiene rubber market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments