Nitrile Butadiene Rubber Powder Market is Expected to Reach USD 425.7 million by 2019
Transparency Market Research has published a new research report titled “Nitrile Butadiene Rubber Powder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.
NBR powder is one of the key components used in frictional compounds and PVC modifications. Increasing demand from these sectors is expected to boost the NBR powder market in the near future. NBR powder imparts flexibility and impact resistance to finished products. The automotive application is likely to boost the global demand for NBR powder during the forecast period from 2013 to 2019. However, a number of substitutes such as Thermoplastics Polyester Elastomers (TPE) and Thermoplastics Polyolefin (TPO) have been replacing NBR powder for PVC modification applications. Industries such as transport including automobile, two-wheelers and railways especially in emerging countries such as India and China are expected to create major opportunities for the NBR powder market in the near future.
The report analyzes, estimates and forecasts the global market for NBR powder based on revenues (USD Million) and volumes (Tons) for the period from 2012 to 2019. The study also provides segment analysis for key regions: North America, Europe, Asia Pacific and Rest of the World. The report segments the global NBR powder market based on products and applications. Linear and X-NBR powder are the products included in the report. The fully cross-linked, pre cross-linked or semi cross-linked NBR powder is considered in the X NBR powder market.
The report elucidates various NBR powder market dynamics including drivers, restraints and future opportunities. In order to provide a detailed market analysis, the report analyzes each market player with the help of value chain analysis and Porter’s five forces model. The value chain analysis helps to understand the NBR powder industry during the different manufacturing stages of the product. Porter’s five forces model helps understand competition in the NBR powder industry through key points including bargaining power of supplier, bargaining power of buyer, threat from the substitutes, threat from new entrants and degree of competition. The secondary sources for the report includes of company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. Some of the sources referred for this study include ICIS, UN Comtrade, Chemicals and Petrochemicals Manufacturers Association India and Global Rubber Markets among others. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research.
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The global NBR powder industry comprises several small and large players. Key companies mentioned in the report include Lanxess AG, Huangshan Hualan Technology, OMNOVA Solutions, Zeon Chemicals, LG Chem, Taprath and Nitriflex. The report profiles the companies based on different parameters including company overview, product portfolio, financial overview, SWOT analysis, business strategies and recent developments. The global NBR powder market also includes small companies specifically in emerging economies such as China, India and Mexico. Small companies have been focusing on research and development to compete with companies offering high quality products available in the market.
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