WiseGuyReports.com Publish A New Market Research Report on –“ Hydrogenated Nitrile Butadiene Rubber Market Global Analysis(Manufacturers,Application,Technology) & Market Overview Report 2020-2025”.
Hydrogenated Nitrile Butadiene Rubber Market 2020
Summary: –
Hydrogenated Nitrile Butadiene Rubber (HNBR) is a derivative of nitrile rubber, which is hydrogenated in a solution using precious metal catalysts. It is a new class of chemically modified NBR, and offers better wear and extrusion resistance as well as excellent resistance to mineral oil-based hydraulic fluids, animal and vegetable fats, diesel fuel, and dilute acids and bases as compared to NBR. Additionally, it has good chemical compatibility with fluids and gases.
The global HNBR market was valued at USD 11,010.5 million in 2018 and is projected to reach USD 16,467.8 million by 2023 at a CAGR of 8.38%. The global HNBR market is primarily driven by the increasing demand from the major end-use industries such as automotive, oil & gas, construction, and machinery. The automotive industry is the largest consumer of HNBR for dynamic and static hoses, seals, gaskets, and belts. The increasing use of high-performance lightweight materials in the automotive industry due to strict emission regulations in developed and the developing economies is driving the demand for HNBR in the automotive industry. For instance, the total automotive production across the globe in 2017 stood at 97,302,534 units. Moreover, the demand for HNBR also increases due to the rising use in industrial and medical gloves owing to its high thermal, oil, and chemical resistance. These properties make HNBR an excellent choice of material for manufacturing medical non-latex gloves. The rising demand for safety gloves in the major end-use industries such as oil & gas, chemicals, and healthcare is likely to propel market growth in the coming years. However, the high cost of HNBR is a restraining factor to the market growth.
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Major Key Players Included in This Report are:-
Some of the key players operating in the global HNBR market are Arlanxeo (the Netherlands), Zeon Corporation (US), AirBoss of America Corp. (Canada), Precision Associates, Inc.(US), Polycomp (the Netherlands), ERIKS NV (the Netherlands), Rahco Rubber, Inc. (US), Mantaline (US), Trelleborg Sealing Solutions (US), and MCM S.p.A. (Italy).
The 2020 edition of the global Hydrogenated Nitrile Butadiene Rubber market and its trends Report is s series of biennial reports that got launched in the latest, with the aim of measuring the pulse of the market. This latest edition includes the most comprehensive sales and impact data available, in-depth analysis on current market dynamics and an outlook on the future of the industry. The new statistical surveying study on the Hydrogenated Nitrile Butadiene Rubber market investigates a few critical features identified covering the industry condition, division examination, and focused scene. Down to earth ideas of the market are referenced in a straightforward and unassuming way in this report. A far-reaching and exhaustive essential investigation report features a variety of actualities, ranging from business upgrade systems, improvement factors, monetary benefit or misfortune to support pursuers, measurable development, and customers to comprehend the market on a global scale.
Drivers and Factors of Hydrogenated Nitrile Butadiene Rubber Market Report
The Hydrogenated Nitrile Butadiene Rubber market analysis entails a section solely dedicated for major factors affecting the global Hydrogenated Nitrile Butadiene Rubber market, wherein the analysts proposes an insight to the financial statements of all the major players along with its key developments product benchmarking and SWOT analysis. The company profile section also includes a business overview and financial information. The companies that are provided in this section can be customized as per the client’s requirements. Leading experts have been investigated relying upon business profiles of market, portfolio, limiting factor, valuation, deals, and cost/benefit.
Regional Framework of Hydrogenated Nitrile Butadiene Rubber Industry Size
The report of Hydrogenated Nitrile Butadiene Rubber market displays a top to bottom far-reaching examination for topographical fragments that spread Europe, North America, Middle East, Asia-Pacific, and Africa with a global standpoint and incorporates clear market definitions, arrangements, producing forms, improvement approaches, cost structures, and plans of future. The realities and information are first-rate in the report utilizing diagrams, outlines, pie graphs, and other pictorial portrayals as for its present elements, patterns, and business scope and key measurements.
Research Methodology of Hydrogenated Nitrile Butadiene Rubber Industry
The research methodology used in Hydrogenated Nitrile Butadiene Rubber market is to estimate and forecast that begins with capturing data on prime vendor revenues through secondary research. The vendor offerings are also taken into consideration to verify the market segmentation. The bottom-up procedure was working to arrive at the overall market size of the global Hydrogenated Nitrile Butadiene Rubber market from the revenue of the key vendors in the market. After collecting at the overall market size, the total market is split into several segments and sub-segments which are then verified through primary research by conducting widespread interviews with key people such as CEOs, VPs, Directors and executives. Also, Porter’s Five Force Model and its parameters have equally helped the market’s study to have done in a thorough manner to understand dynamics, present and future.
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Table of Contents – Major Key Points
1 Report Prologue
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
6 Market Factor Analysis
7 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, by Product
8 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, by End-Use Industry
Continued…
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