Nitrile butadiene rubber Market Size By Type, By Application, Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), And Forecasts 2021-2027
Market Overview: Nitrile butadiene rubbers market are used in a wide range of end-use industry application owing to their excellent properties such as chemical, heat, and oil & solvents resistance among others. It is extensively used in the production of medical examination gloves, gaskets, O-rings, sealants, adhesives, cable jacketing, and others. The rising growth of the oil & gas and automotive industry across the globe is substantially affecting the growth of the nitrile butadiene rubber market. The global nitrile butadiene rubber market is being driven by a range of application in the various end-use industries such as building and construction, automotive, aerospace, and marine among others. Moreover, it is estimated that the oil and gas industry is set to witness the highest growth due to the growing consumption in applications such as sealing, moulding components, and tubing among others during the forecast period, 2017-2023. Regional Analysis: The gl