Market revenue in 2023 | USD 2,242.5 million |
Market revenue in 2030 | USD 3,312.4 million |
Growth rate | 5.7% (CAGR from 2023 to 2030) |
Largest segment | Seals & o-rings |
Fastest growing segment | Gloves |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hoses, Belts, Cables, Molded & Extruded Products, Seals & O-rings, Rubber Compounds, Adhesives & Sealants, Gloves, Foamed Products |
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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 nitrile butadiene rubber market will help companies and investors design strategic landscapes.
seals & o-rings was the largest segment with a revenue share of 19.09% in 2023. Horizon Databook has segmented the Global nitrile butadiene rubber market based on hoses, belts, cables, molded & extruded products, seals & o-rings, rubber compounds, adhesives & sealants, gloves, foamed products covering the revenue growth of each sub-segment from 2018 to 2030.
Nitrile butadiene rubber products, such as hoses, oil handling seals, drill bit seals, and self-sealing fuel tanks, molded shapes, and others are widely utilized in oil & gas industry.
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.
Horizon Databook provides a detailed overview of global-level data and insights on the Global nitrile butadiene rubber market , including forecasts for subscribers. This global databook contains high-level insights into Global nitrile butadiene rubber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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