Nitrile Rubber (NBR) is an oil resistant synthetic rubber manufactured from a copolymer of acrylonitrile and butadiene. According to BlueQuark Research & Consulting, the global Nitrile Rubber market is expected to witness a significant growth rate during the forecasted period. Factors such as the growing demand for Nitrile Rubber in manufacturing O-rings and seals used extensively in the manufacturing, oil & gas, and automotive industries drive the NBR market in the forecasted period. Further, with Covid-19 having a hazardous effect on human health and life, the demand for nitrile gloves for its prevention and treatment has seen a surge throughout 2020, thus driving the need for Nitrile Rubber in the forecasted period. Furthermore, the ability to sustain different temperature levels makes it useful in aerospace applications expected to drive the Nitrile Rubber Market in the forecasted period. However, the fluctuations in the raw material prices and the availability of alternate materials such as thermoplastic elastomers, fluoroelastomers, and natural rubber with better ozonation resistance and excellent resistance to oil, greases, and chlorinated hydrocarbons are expected to hamper the NBR growth in the forecasted period.

Nitrile Rubber is used to manufacture hoses, diaphragms & seals, timing belts, O-rings and gaskets, NBR latex, and construction materials. It serves various end-users like the medical, oil & gas, manufacturing, and automobile industries.

The O-rings and seals are the most significant consumption of NBR spread over various industries like the automotive, oil & gas, and manufacturing industry. The consumption of O-rings and seals in the automotive industry is directly related to vehicle manufacturing. Due to their desirable properties, low compression set, high tensile strength, and high abrasion and oil resistance, they are used in manufacturing O-rings & seals. O-rings & seals are made with different grades. The NBR is used in sidewalls of tires due to its good abrasion, oil resistance, chemical resistance, and low rolling resistance, ensuring high performance, making the automotive industry the largest consumer of O-rings and seals. NBR is utilized in the automotive and aeronautical industry to make fuel and oil handling hoses, grommets, seals, and self-sealing fuel tanks since ordinary rubbers cannot be used. NBR's capability to withstand temperatures from -40 to 108 °C (-40 to 226 °F) makes it an ideal material for aeronautical applications. The usage of nitrile rubber includes automotive transmission belts. The tires made from NBR are extensively used in military and heavy-duty vehicles. It is also utilized in coated tire cord fabrics providing fundamental properties like controlled deformation, high strength, high affinity, and abrasion resistance. The increasing population and rapid urbanization have increased the sales of automotive vehicles globally, driving the tire industry. Owing to the rapid urbanization in emerging countries like China and India, the sales of commercial vehicles such as trucks, tractors, and trailers are on the surge. Furthermore, the automotive industry is experiencing a booming electric vehicle market. The environmental awareness amongst citizens and the government offering subsidies on its purchase propel the automotive industry. With the increasing use of NBR in the medical sector due to its cost-effectiveness and the surge in the nitrile gloves demand, the nitrile rubber sector is expected to grow. Thus, the rising demand in the automotive and medical industry is set to propel the future Nitrile Rubber market.

The Asia Pacific is expected to be the largest market for Nitrile Rubber in the forecasted year. Due to the increasing population in the region, the demand for automotive vehicles is increasing. With the rapid industrialization in the area, the need for heavy-duty vehicles for commercial purposes is also increasing. Since China's growth rate has been impressive in the last decades, the following decade is also expected to witness the same rise, making China a leader in Nitrile Rubber demand. Further, China has the most prominent automotive industry and is expected to consolidate its position as a prime Nitrile butadiene rubber market. Malaysia, situated in the APAC region, is the leader in manufacturing nitrile gloves globally. With the high demand in 2020 due to Covid-19, the region is expected to thrive in the global nitrile butadiene rubber market. The medical end use industry is predicted to register the fastest growth during the forecast period. NBR is being increasingly used in medical glove production owing to its cost-effectiveness. In the trade-off b/w quality and cost of materials utilized for gloves, NBR is preferred over other materials like isoprene and latex. NBR gloves are puncture-resistant and quickly identify any wear and tear compared with latex gloves. NBR is also used in tubes, stoppers, cushioning or supporting materials, medical devices and equipment. This demand increase is expected to continue with the region's aging population and various health diseases. The increased need for NBR from the automotive and transportation, medical, construction, and other sectors in countries like China and Japan are propelling the global market in APAC. In addition, the growing investments in APAC's automotive & transportation, manufacturing, and medical industries are driving the demand for NBR in these industries. 

Key players in the nitrile butadiene rubber market were Sinopec, Zeon Corporation, ARLANXEO Holding B.V., Kumho Petrochemical, L.G. Chem, JSR Corporation, TSRC Corporation, and Lanxess AG ., among others.

Kumho Petrochemicals fully acquired Kumho Polychem in April 2021 to establish its leadership in the synthetic rubber industry.

ARLANXEO, a leader in nitrile rubber production, commenced operations in India on 1st January 2021, hoping to enhance ARLANXEO's presence in one of the most promising growth regions.

Global Nitrile Rubber Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Nitrile Rubber market by segmenting based on the Application (Adhesives, Seals and O-rings, Gloves, Others), End-User Industry (Automotive, Medical, Manufacturing, Oil & Gas, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.