Nitrile Butadiene Rubber Powder Market 2019 to 2024, key industry players & growth trends

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Nitrile Butadiene Rubber Powder Market 2019 to
2024, Key Industry Players Growth Trends
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Global Market Scenario of Nitrile Butadiene
Rubber Powder Industry

• According to a new research report Nitrile
  Butadiene Rubber Powder market will surpass USD
  600 million by 2024.
• Flourishing automotive industry in countries such
  as China and India coupled with vast presence of
  automobiles in Japan and South Korea will drive
  the nitrile rubber powder market in the Asia
  Pacific region.
• In 2008, vehicle sales in China accounted for
  over 9.3 million and increased rapidly to surpass
  29.1 million in the next 9 years. Similarly,
  Indian automotive industry doubled in the past
  nine years reaching close to 4 million new
  vehicle sales in 2017.
• These developing countries play an integral part
  in the regional economy by increasing shares in
  the GDP. Prospering automotive industry in the
  developing countries of Asia Pacific region will
  drive the regional nitrile rubber powder market.
• Phthalates interfere with the hormonal system in
  certain quantities. There esters are molecularly
  low-weight and have excellent durability and
  flexibility. Phthalates are low-cost composites
  used in NBR compounds for their varied
  performances.

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• NBR powder market constituted for grinding
  process for production which could produce
  particles with low viscosities than the spray
  drying process.
• The spray drying technique also gives particles
  well below 1.00 mm size. The 0.30 mm to 0.70 mm
  is said to hold a maximum share and will surpass
  USD 350 million by 2024.
• The cross linked grade finds major applications
  in PVC modifications for softening effect along
  with uses in the automotive industry which
  results in increased market share.
• The U.S. cross linked segment will surge to USD
  30 million in the next seven years owing to huge
  presence of automotive industry in the country.
  Considering volume, the segment is said to
  capture 50 share of nitrile rubber powder
  market.

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360 Industry Analysis

• Europe, directed by Germany will hold close to
  20 industry share by the end of the forecast
  period on account of presence of prominent
  industries in the country.
• The region will grow at a sluggish rate owing to
  strict regulations of European Union in the
  region such as constraint of phthalates, a
  low-molecular weight ester for the production of
  various items such as toys.
•  

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• Competitive Analysis
• Companies present in the nitrile rubber powder
  market are Taprath Polymers, Omnova Solutions,
  Nitriflex, LG Chem, Lanxess, Swaraj Rubber
  Industries, and Zeon Chemicals to mention some.

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Latest Research Report On Nitrile Butadiene
Rubber Powder Market _at_ https//bit.ly/35D9qIa
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customization https//bit.ly/34lwDy3
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