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Nitrile Butadiene Rubber (NBR) Latex Market Share

Report ID: GMI2881
Published Date: Jul 2024
Report Format: PDF

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Nitrile Butadiene Rubber Latex Market Share

$Nitrile Butadiene Rubber Latex Market Share, (2023)$

The NBR Latex Market is driven by the concerted efforts of the companies focused on this industry. Leading manufacturers are investing in research and development to develop new synthetic formulations and increase product performance. Production is also being expanded to meet growing global demand, particularly from the healthcare and industrial sectors. Strategic partnerships and acquisitions facilitate market penetration and geographic expansion. In addition, the companies adopt sustainable practices and adhere to stringent regulatory standards, aiming to strengthen their market position and meet the evolving customer needs in the competitive NBR latex market.

Nitrile Butadiene Rubber Latex Market Companies

Major companies operating in the industry competitive landscape include:

LG Chem
Jubilant Agri and Consumer Products Limited
Zeon Corporation
Synthomer
Nantex Industry Co., Ltd
Apcotex
Bangkok Synthetics Co., Ltd.
Shin Foong Specialty and Applied Material Co., Ltd
Croslene Chemical Industries Ltd
Jining Sinya Chemical Co., Ltd
Lienteh Technology

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The nitrile butadiene rubber latex market size was over USD 2.9 billion in 2023 and will register 10.4% CAGR from 2024-2032, owing to the growing presence of established industries in the manufacturing sector.

The gloves segment of the nitrile butadiene rubber (NBR) latex market will register 9.7% CAGR through 2024-2032, due to their excellent chemical resistance, durability, and hypoallergenic properties compared to latex gloves.

Asia Pacific nitrile butadiene rubber (NBR) latex industry generated a revenue of USD 2.58 billion in 2023, and may reach USD 6.4 billion by 2032, driven by strong industrial growth in the sector, especially in automotive, electronics, healthcare products, gloves, seals and textiles.

LG Chem, Jubilant Agri and Consumer Products Limited, Zeon Corporation, Synthomer, Nantex Industry Co., Ltd, Apcotex, Bangkok Synthetics Co., Ltd, Shin Foong Specialty and Applied Material Co., Ltd, Croslene Chemical Industries Ltd, Jining Sinya Chemical Co., Ltd, and Lienteh Technology among others.