Nitrile Butadiene Rubber Latex Market To Grow At CAGR 10.6% Market Value To Reach USD 3,014 Million By 2028
Acumen Research and Consulting
Lets Create Your Company's Growth Strategy Together
Global Acumen Research and Consulting, the?Global Nitrile Butadiene Rubber Latex Market?will surpass valuation of USD 3014 million at a CAGR of 10.6%.?
What exactly is the Nitrile Butadiene Rubber Latex??
A type of synthetic latex, a part of the unsaturated acrylonitrile and butadiene co polymers. It is liquidy and milky in color. It has a good tensile strength and excellent resistance to many oils, minerals, gasoline, alkaline and some acids.?
It has wide range of uses like in industries or medical field, the refinery industry, making oil hoses and seals.?
Click to get our sample report pages here?
What's to drive the Nitrile Butadiene Rubber Market??
The healthcare industry is growing by the day, countries have invested heavily in this sector. Nitrile butadiene rubber gloves are in high demand, being used in surgeries and examinations for protection. The Food industry also has a huge demand for these gloves to handle the food safely. Protecting the employees from touching dangerous materials is also a factor. The industrial grade latex gloves hold the highest market share.?
Covid-19 pandemic also significantly increased the demand for these gloves within the last 2-year timeframe. Rapid industrialization of developing countries is also a driving factor of the Nitrile Butadiene Rubber Latex Market.?
领英推荐
Regional overview for the NBR market
Asia Pacific holds the highest market share given the robust manufacturing sector in China, India, Malaysia, Vietnam, Bangladesh, Indonesia etc. Malaysia manufactures a large amount of these latex products with many MNCs having their bases in the country.?
North America and Europe also are also some of the major markets for the NBR latex products, having a rough share of about 5%.?
Key players?in the NBR industry
?
Check out our other report on:?
The Global?medical gloves market?accounted USD 6.3 billion in the year 2020?and will grow at a considerable?CAGR of 12.5% for the forecast period of 2021 to 2028.?
The Global?hydrogenated nitrile butadiene rubber market?is all set to grow at?CAGR of?7.5 % for the analysis period to reach USD 10.5 billion by the year 2026.?
Find more on our website or contact us directly???
Write to us [email protected]???????
Call us at +13474743864?