India Nitrile Butadiene Rubber Market : Plant, Demand & Supply, Technology, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030

Format: Online | Last Updated: May 2020

Nitrile Butadiene Rubber (NBR) demand in India is anticipated to grow at a healthy CAGR during the forecast period. NBR is a synthetic rubber formed by the copolymerization of Acrylonitrile and Butadiene. Variation in the properties of NBR depends upon the content of Acrylonitrile utilized. NBR with significant percentage of Acrylonitrile is mainly utilized in industries demanding for a material with high thermal resistance. Hence, its major applications are as a sealant and as a coating material in rollers and other thermal and mechanical pieces of industrial machinery. NBR is highly popular in the global market owing to its high abrasion resistance and fuel handing tendency. Increasing demand for NBR in aerospace and automobile industry in fuel handling applications along with its demand in medical and nuclear industry as safety wear is expected to spur the demand of the product during the next five years. Apcotex Industries Limited is the only domestic manufacturer of NBR with a total capacity of 30KT. Due to narrow domestic production, majority of the domestic demands are met through imports. However, to promote the domestic manufacturing and for compensating with the material injury of NBR, anti-dumping has been imposed on certain countries by the Finance Ministry of India. Despite such measures taken by the Indian government, superior quality NBR catered through imports has continued to captivate the domestic manufacturers.
NBR is manufactured by utilizing Acrylonitrile and Butadiene as raw materials. Therefore, the production and availability of these two compounds directly impacts the demand and supply of NBR in the domestic market. Furthermore, increasing preference of NBR over natural rubber in materials demanding high thermal and abrasion resistance is expected to boost the demand of this product in the coming years.
 
Years Considered for this Report:
Historical Years: 2013 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
 
Objective of the Study:
•        The primary objective of the study was to evaluate and forecast Nitrile Butadiene Rubber capacity, production,
          demand, inventory, and demand – supply gap in India. 
•        To categorize Nitrile Butadiene Rubber demand based on end use, region and sales channel.
•        To study trade dynamics and company share in India Nitrile Butadiene Rubber market.
•        To identify major customers of Nitrile Butadiene Rubber in India.
•        To evaluate and forecast Nitrile Butadiene Rubber pricing in India Nitrile Butadiene Rubber market.
•        To identify and profile major companies operating in India Nitrile Butadiene Rubber market.
•        To identify major news, deals and expansion plans in India Nitrile Butadiene Rubber market.
 
Report Scope:
In this report, India Nitrile Butadiene Rubber market has been segmented into following categories:
 
 
 
Major players operating in global Nitrile Butadiene Rubber market include Omnova Solutions, Nantex Industry Company Ltd., Lanxess AG, Nitriflex, Zion Corporation and others. Whereas in India Apcotex Industries Ltd. serves as the only manufacturer of NBR.

To extract data for India Nitrile Butadiene Rubber market, primary research surveys were conducted with Nitrile Butadiene Rubber manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for India Nitrile Butadiene Rubber market over the coming years.
 
ChemAnalyst calculated Nitrile Butadiene Rubber demand in India by analyzing the historical data and demand forecast was carried out considering NBR end users. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
 
 
Key Target Audience:
•      Nitrile Butadiene Rubber manufacturers, suppliers and other stakeholders
•      Organizations, forums and alliances related to Nitrile Butadiene Rubber distribution
•      Government bodies such as regulating authorities and policy makers
•      Market research and consulting firms
 
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Nitrile Butadiene Rubber manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
 
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for then please get in touch with our custom research
 
 
 
 
 
 

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