The global hydrogenated nitrile butadiene rubber (HNBR) market attained a value of USD 14.19 Billion in 2023. The market is expected to grow at a CAGR of 7.50% between 2024 and 2032 to achieve USD 27.21 Billion by 2032.
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After exposure to heat, oil, weathering, and many industrial chemicals, rubber compounds blended with hydrogenated nitrile butadiene rubber and extremely saturated nitrile (HSN) rubber attain superior strength and retention.
The hydrogenated nitrile butadiene rubber industry can be broadly categorised on the basis of its application into:
The industry can be divided on the basis of its end-use into:
Market Breakup by Region:
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The increasing demand for hydrogenated nitrile butadiene rubber (HNBR) from various end-use sectors such as automotive, medical, construction, and petroleum and gas are the major factors driving the development of the global hydrogenated nitrile butadiene rubber (HNBR) market. The automotive industry for hydrogenated nitrile butadiene rubber is a significant end-use sector where high demand is being experienced in high-performance applications. Hydrogenated nitrile butadiene rubber 's desirable characteristics, such as outstanding oils and solvent resistance and other superior mechanical characteristics, result in enhanced demand from the automotive sector for the product, thus, aiding the market growth.
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The report presents a detailed analysis of the following key players in the global hydrogenated nitrile butadiene rubber (HNBR) market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market of hydrogenated nitrile butadiene rubber (HNBR) attained a value of nearly USD 14.19 Billion.
The market is projected to grow at a CAGR of 7.50% between 2024 and 2032.
The factors such as the growing automotive sector, government initiatives, increasing population, and rapid industrialisation and urbanisation are driving the market growth.
Growing investments by key players to develop enhanced production technology and growing demand from various end use sectors are some of the key trends guiding the growth of the HNBR market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of the product are hoses, diaphragms, timing belts, O-rings, and seals and gaskets, among others.
The significant end-use segments of the market include automotive, machinery, oil and gas, construction, and medical, among others.
The major players in the market are ARLANXEO Holding B.V., Elastomer Engineering Limited, Zeon Corporation, Rahco Rubber, Inc., KACO GmbH + Co. KG, Polycomp BV, Ge Mao Rubber Industrial Co., Ltd Inc., Others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment-
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| Breakup by End Use |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
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193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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