Nitrile Butadiene Rubber (NBR) Prices Overview

Market Overview

Quarterly Update on Global Nitrile Butadiene Rubber Market
 
For the Quarter Ending September 2020
 
Asia
 
Price of NBR surged across the region because of the soaring feedstock Butadiene and also due to improved demand from the agricultural sector. By the end of September, prices were on a continuous uptrend and were assessed around USD 2200 per MT CFR India. With the initiation of antidumping investigation on NBR import from China, EU, Japan and Russia, Indian NBR producers turned optimistic over curtailed cheap imports. Higher feedstock prices and stable market demand lead to higher price realizations even in China although demand from the automotive sector stood in the doldrums.
 
Europe
 

The third quarter Nitrile Butadiene Rubber prices remained high due to tight supply with better buying appetite from domestic as well as Asian buyers. Further increase was seen in the contract prices because of the increased upstream values. Maintenance shutdowns, unplanned issues kept the NBR supply snug throughout the quarter. Revived demand from Asia was starting to again support trader sentiments. Closure of Lanxess AG’s NBR unit in Q2, supported the high pricing of the product during the third quarter.

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Services
Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Pricing Analysis

Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.

Company Profile

Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Nitrile Butadiene Rubber manufacturers, spread across the domestic and international markets, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of the company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
 
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Nitrile Butadiene Rubber market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
 
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
 
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Nitrile Butadiene Rubber market.
 
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on weekly, monthly and yearly basis.
 
Finally, region-specific markets for Nitrile Butadiene Rubber are analyzed and region-wise demand pattern is tracked.

About

Nitrile Butadiene Rubber, commonly called as Nitrile Rubber is an oil resistant synthetic rubber fabricated from the copolymerization of Acrylonitrile (ACN) and Butadiene. The percentage of Acrylonitrile present in NBR varies from 15 to 50 per cent. Increasing content of Acrylonitrile leads to higher strength, greater oil resistance, and lower permeability to gases. The various trade names of NBR are Perbunan, Nipol, Krynac and Europrene. This rubber is mostly used where high resistance to oil, fuel and other chemicals is required. It is used in textile industries to improve the finish and waterproofing properties of woven and non-woven fabrics. It is used in the automotive and aeronautical industry to manufacture fuel and oil handling hoses, seals, grommets, and self-sealing fuel tanks. It is more resistance to oil and acids than other rubbers.