Nitrile Butadiene Rubber (NBR) Latex Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Market Report I 2024-07-09 I 295 Pages I Global Market Insights
Nitrile Butadiene Rubber Latex Market size is projected to record a 10.4% CAGR from 2024 to 2032, primarily fueled by the surging demand for medical gloves.
Nitrile butadiene rubber (NBR) latex is extensively utilized in crafting high-quality, durable gloves, renowned for their exceptional resistance to chemicals and punctures. NBR latex is being fine-tuned to cater to the escalating demands of healthcare professionals and other sectors in need of protective gloves. As a result, advancements in latex formulations and production techniques are enhancing the flexibility, strength, and barrier properties of gloves. The World Health Organization (WHO) has highlighted that to meet the surging global demand for medical gloves, the industry needs to ramp up manufacturing by a staggering 40%. This surge in production underscores the escalating reliance on NBR latex for crafting resilient and efficient medical gloves.
The overall market is segregated into application, end-user, and region.
In terms of application, the others segment in the NBR latex market experienced significant growth in 2023 and will gain traction by 2032, driven by its expanding range of applications. NBR latex, celebrated for its superior resistance to oils, chemicals, and abrasion, is harnessed to produce seals, gaskets, and hoses. Furthermore, benefits like durability and flexibility make it a sought-after material in both the automotive and industrial sectors.
By end-user, the nitrile butadiene rubber latex industry from the food segment is projected to rise from 2024 to 2032, owing to its chemical resistance and durability. NBR latex is pivotal in crafting food-grade seals, gaskets, and conveyor belts, ensuring the safe and efficient handling of food products. Moreover, ongoing advancements are broadening the scope of NBR latex in food applications, further enhancing safety and efficiency in food processing.
Regionally, the North America nitrile butadiene rubber latex market size will exhibit robust growth between 2024 and 2032 driven by stringent regulatory mandates for personal protective equipment (PPE). NBR latex is crucial in producing gloves and other protective gear that adhere to rigorous safety and quality benchmarks. As a result, ongoing innovations will bolster the capability of NBR latex to meet the soaring demand for PPE, reinforcing safety and compliance across various sectors in the region.
Report Content
Chapter 1 Methodology and Scope
1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Data mining sources
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Key manufacturers
3.1.2 Distributors
3.1.3 Profit margins across the industry
3.1.4 Supply disruptions
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Increasing demand in healthcare sector
3.2.1.2 Expansion in industrial applications
3.2.1.3 Technological advancements
3.2.2 Market challenges
3.2.2.1 Volatility in raw material prices
3.2.2.2 Competition from alternative materials
3.2.3 Market opportunity
3.2.3.1 New opportunities
3.2.3.2 Growth potential analysis
3.3 Raw material landscape
3.3.1 Manufacturing trends
3.3.2 Technology evolution
3.3.2.1 Sustainable manufacturing
3.3.2.1.1 Green practices
3.3.2.1.2 Decarbonization
3.3.3 Sustainability in raw materials
3.3.4 Pricing trends (USD/Ton)
3.3.4.1 North America
3.3.4.2 European
3.3.4.3 Asia-Pacific
3.3.4.4 Latin America
3.3.4.5 Middle East and Africa
3.4 Regulations and market impact
3.5 Porter's analysis
3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Application, 2021-2032 (USD Million) (Tons)
5.1 Key trends
5.2 Gloves
5.2.1 Medical gloves
5.2.2 Industrial gloves
5.3 Others
Chapter 6 Market Size and Forecast, By End User, 2021-2032 (USD Million) (Tons)
6.1 Key trends
6.2 Industrial
6.3 Healthcare and clean room
6.4 Food
Chapter 7 Market Size and Forecast, By Region, 2021-2032 (USD Million) (Tons)
7.1 Key trends
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 France
7.3.4 Spain
7.3.5 Italy
7.3.6 Russia
7.3.7 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 Australia
7.4.5 South Korea
7.4.6 Indonesia
7.4.7 Malaysia
7.4.8 Rest of Asia Pacific
7.5 Latin America
7.5.1 Brazil
7.5.2 Mexico
7.5.3 Argentina
7.5.4 Rest of Latin America
7.6 Middle East and Africa
7.6.1 UAE
7.6.2 South Africa
7.6.3 Saudi Arabia
7.6.4 Rest of MEA
Chapter 8 Company Profiles
8.1 LG Chem
8.2 Jubilant Agri and Consumer Products Limited
8.3 Zeon Corporation
8.4 Synthomer
8.5 Nantex Industry Co., Ltd
8.6 Apcotex
8.7 Bangkok Synthetics Co., Ltd.
8.8 Shin Foong Specialty and Applied Material Co., Ltd
8.9 Croslene Chemical Industries Ltd
8.10 Jining Sinya Chemical Co., Ltd
8.11 Lienteh Technology
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.