Latin America Fast Curing Nitrile Butadiene Rubber (nbr) Market Size & Outlook
Latin America fast curing nitrile butadiene rubber (nbr) market, 2018-2030 (US$M)
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Latin America fast curing nitrile butadiene rubber (nbr) market highlights
- The Latin America fast curing nitrile butadiene rubber (nbr) market generated a revenue of USD 32.9 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, hoses was the largest revenue generating product in 2023.
- Hoses is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 32.9 million |
| Market revenue in 2030 | USD 50.9 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Hoses |
| Fastest growing segment | Hoses |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hoses |
| Key market players worldwide | Lanxess AG, Zeon Corp, Kumho Petrochemical, Nitriflex, LG Chem, JSR Corp, Sibur, Versalis, OMNOVA Solutions, Inc., Shin-Etsu Chemical Co Ltd, PetroChina Co Ltd Class H, Trinseo PLC, Trelleborg AB ADR, ARLANXEO |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.3% of the global fast curing nitrile butadiene rubber (nbr) market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 745.3 million by 2030.
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Fast Curing Nitrile Butadiene Rubber (NBR) Market Scope
Fast Curing Nitrile Butadiene Rubber (NBR) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America fast curing nitrile butadiene rubber (nbr) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fast curing nitrile butadiene rubber (nbr) market will help companies and investors design strategic landscapes.
Hoses was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America fast curing nitrile butadiene rubber (nbr) market based on hoses covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Fast Curing Nitrile Butadiene Rubber (NBR) Product Outlook (Revenue, USD Million, 2018-2030)
- Hoses
- Cables
- Belts
- Molded & Extruded Products
- Seals & O-rings
- Rubber Compounds
- Adhesives & Sealants
- Gloves
- Foamed Products
- Others
- Latin America Fast Curing Nitrile Butadiene Rubber (NBR) Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Mechanical Engineering
- Oil & Gas
- Metallurgy & Mining
- Construction
- Medical
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America fast curing nitrile butadiene rubber (nbr) market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fast curing nitrile butadiene rubber (nbr) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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