Gulf Cooperation Council Nitrile Butadiene Rubber Market Size & Outlook
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Gulf Cooperation Council nitrile butadiene rubber market highlights
- The Gulf Cooperation Council nitrile butadiene rubber market generated a revenue of USD 25.4 million in 2023 and is expected to reach USD 40.3 million by 2030.
- The Gulf Cooperation Council market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, seals & o-rings was the largest revenue generating product in 2023.
- Gloves is the most lucrative product segment registering the fastest growth during the forecast period.
Nitrile butadiene rubber market data book summary
| Market revenue in 2023 | USD 25.4 million |
| Market revenue in 2030 | USD 40.3 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Seals & o-rings |
| Fastest growing segment | Gloves |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
| Key market players worldwide | ARLANXEO, Zeon Corp, Sibur, PetroChina Co Ltd Class H, Dynasol Group, Syensqo SA, Kumho Petrochemical, LG Chem, Eni, JSR Corp, AirBoss of America Corp, Atlantic Lithium Ltd, Manhattan Associates Inc |
Other key industry trends
- In terms of revenue, Gulf Cooperation Council accounted for 1.1% of the global nitrile butadiene rubber market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Gulf Cooperation Council nitrile butadiene rubber market is projected to lead the regional market in terms of revenue in 2030.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 40.3 million by 2030.
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Nitrile Butadiene Rubber Market Scope
Nitrile Butadiene Rubber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Atlantic Lithium Ltd | View profile | - | 264 George Street, Level 33, Australia Square, Sydney, NSW, Australia, 2000 | https://www.atlanticlithium.com.au |
| AirBoss of America Corp | View profile | 1295 | 16441 Yonge Street, Newmarket, ON, Canada, L3X 2G8 | https://www.airboss.com |
| Syensqo SA | View profile | - | Rue de la fusee 98, Brussels, Belgium, 1130 | https://www.syensqo.com |
| Dynasol Group | View profile | 1001-5000 | Madrid, Madrid, Spain, Europe | http://dynasolgroup.com/ |
| Zeon Corp | View profile | 4722 | Shin Marunouchi Center Building, 1-6-2 Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8246 | http://www.zeon.co.jp |
| Sibur | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.sibur.com |
| PetroChina Co Ltd Class H | View profile | 375803 | No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 | http://www.petrochina.com.cn |
| Kumho Petrochemical | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.kkpc.com/ |
| JSR Corp | View profile | 7994 | 1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, Japan, 105-8640 | http://www.jsr.co.jp |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Eni | View profile | 10001+ | Rome, Lazio, Italy, Europe | http://www.eni.com/en_IT/home.html |
| ARLANXEO | View profile | 1001-5000 | Maastricht, Limburg, The Netherlands, Europe | http://arlanxeo.com/ |
| Manhattan Associates Inc | View profile | 4700 | 2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, United States, 30339 | https://www.manh.com |
Gulf Cooperation Council nitrile butadiene rubber 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 nitrile butadiene rubber market will help companies and investors design strategic landscapes.
Seals & o-rings was the largest segment with a revenue share of 20.87% in 2025. Horizon Databook has segmented the Gulf Cooperation Council 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 2021 to 2033.
GCC countries including Saudi Arabia, United Arab Emirates (UAE), Oman, Qatar, Bahrain, and Kuwait dominated the Middle East & Africa nitrile butadiene rubber market in 2020. The large market share is attributed to the rising demand from automotive industry segment as well as from other end-use industries segments such as oil & gas, construction, and medical in GCC countries.
Industrial manufacturing in GCC countries has witnessed steady growth in the past few years. A shift in focus toward non-oil private sector in GCC countries, such as Saudi Arabia, is expected to boost the growth of manufacturing sector, thereby creating demand for nitrile butadiene rubber in construction, automotive, footwear, and other end-use industries.
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Target buyers of Gulf Cooperation Council nitrile butadiene rubber market databook
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Our clientele includes a mix of nitrile butadiene rubber market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Gulf Cooperation Council nitrile butadiene rubber market , including forecasts for subscribers. This country databook contains high-level insights into Gulf Cooperation Council nitrile butadiene rubber market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Gulf Cooperation Council Product - Nitrile Butadiene Rubber Market size, 2025 - 2033 (US$M)
Gulf Cooperation Council Nitrile Butadiene Rubber Market Outlook Share, 2025 & 2033 (US$M)
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