Nitrile Butadiene Rubber Powder Market trends research and projections for 2019 - 2025 - PowerPoint PPT Presentation

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Nitrile Butadiene Rubber Powder Market trends research and projections for 2019 - 2025

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Title: Nitrile Butadiene Rubber Powder Market trends research and projections for 2019 - 2025


1
Nitrile Butadiene Rubber Powder Market Growth
Outlook with Industry Review and Forecast
2019-2024
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2
Global Market Scenario of Nitrile Butadiene
Rubber Powder Market
  • Nitrile Butadiene Rubber 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.
  • Massive applications of the product as a friction
    material, adhesive, water resistant, modifier,
    etc. will fuel the NBR powder market demand in
    the long-run. The abrasion resistant compounds
    segment is said to touch USD 40 million by 2024,
    whereas the PVC modification segment will surpass
    45 share in the 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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3
Continue-
  • Consumer goods demand is ever increasing in the
    developing as well as developed countries. The
    U.S. packed consumer goods industry accounted for
    approximately USD 760 billion, USD 635 billion
    and USD 400 billion in 2016, 2015 and 2014
    respectively. The ever-increasing demand for
    consumer goods in the U.S. will drive the market
    in this region. The U.S. consumer goods segment
    will cross USD 45 million by 2024 owing to high
    demand in this region.
  • 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.
  • 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.

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4
Request for sample copy of this research report_at_
https//bit.ly/33oc8A1
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www.gminsights.com
5
360 Industry Analysis
  • Consumer goods demand is ever increasing in the
    developing as well as developed countries. The
    U.S. packed consumer goods industry accounted for
    approximately USD 760 billion, USD 635 billion
    and USD 400 billion in 2016, 2015 and 2014
    respectively. The ever-increasing demand for
    consumer goods in the U.S. will drive the market
    in this region. The U.S. consumer goods segment
    will cross USD 45 million by 2024 owing to high
    demand in this region.
  • 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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6
  • Competitive Analysis
  • Key players in the Nitrile market
    include Taprath Polymers, Omnova Solutions,
    Nitriflex, LG Chem, Lanxess, Swaraj Rubber
    Industries, and Zeon Chemicals to mention some.

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7
Latest Research Report On Nitrile Butadiene
Rubber Powder Market _at_ https//bit.ly/2IH9ISS
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customization https//bit.ly/2oziopF
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