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Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Report and Forecast 2024-2032

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    Report

  • 220 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921464
According to the report, the global hydrogenated nitrile butadiene rubber (HNBR) market is expected to grow at a CAGR of 7.5% between 2024 and 2032. Aided by the superior mechanical properties and the escalating demand in automotive, oil and gas, and other industries, the market is projected to grow significantly by 2032.

Hydrogenated Nitrile Butadiene Rubber, known in short as HNBR, is a synthesised elastomer produced by hydrogenating acrylonitrile butadiene rubber (NBR). This hydrogenation process enhances the thermal and oxidative stability of the rubber, making it suitable for a myriad of demanding applications. HNBR is distinguished for its superior tensile strength, retention of properties after exposure to chemicals, oils, and elevated temperatures, and its impressive resistance to ozone and other adverse atmospheric conditions.

The burgeoning automotive sector stands as a cornerstone propelling the hydrogenated nitrile butadiene rubber (HNBR) market demand. Given the material's impressive heat, oil, and chemical resistance, it has found extensive use in the manufacturing of automotive belts, hoses, and seals. As the automotive industry continuously evolves, embracing advancements in engine efficiencies and emission standards, the need for robust, durable materials like HNBR, capable of withstanding harsh environments, intensifies.

Apart from the automotive stronghold, the oil and gas industry presents itself as a vital contributor to the hydrogenated nitrile butadiene rubber (HNBR) market growth. The elastomer's exceptional resistance to crude oil, sour gas, amine/oil mixtures, and other aggressive substances, paired with its capability to endure a broad range of temperatures, makes it the material of choice for seals, blowout preventers, and other critical components in this sector.

Moreover, the rising global emphasis on sustainable and efficient manufacturing processes has influenced the hydrogenated nitrile butadiene rubber (HNBR) market outlook. Its extended product lifecycle, attributed to its durability and resistance properties, reduces the frequency of replacements. This not only translates to cost savings but also aligns with the overarching goal of resource conservation and waste reduction.

Furthermore, rapid advancements in material science may lead to the development of newer elastomers or synthetic materials that could potentially rival the properties of HNBR. To maintain its competitive edge, continuous research and development in refining the properties and production processes of HNBR are quintessential.

Market Segmentation

The market can be divided based on end use, application, and region.

Market Breakup by End Use

  • Automotive
  • Machinery
  • Oil and Gas
  • Construction
  • Medical
  • Others

Market Breakup by Application

  • Hoses
  • Diaphragms
  • Timing Belts
  • O-rings
  • Seals and Gaskets
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global hydrogenated nitrile butadiene rubber (HNBR) market. Some of the major players explored in the report are as follows:
  • Zeon Corporation
  • Rahco Rubber, Inc.
  • Polycomp BV
  • Ge Mao Rubber Industrial Co., Ltd Inc.
  • ARLANXEO Group
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Analysis
8.1 Key Industry Highlights
8.2 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market (2018-2023)
8.3 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast (2024-2032)
8.4 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market by End Use
8.4.1 Automotive
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Machinery
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Oil and Gas
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Construction
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Medical
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market by Application
8.5.1 Hoses
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Diaphragms
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Timing Belts
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 O-rings
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Seals and Gaskets
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Zeon Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Rahco Rubber, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Polycomp BV
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Ge Mao Rubber Industrial Co., Ltd Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 ARLANXEO Group
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.3.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market: Key Industry Highlights, 2018 and 2032
2. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by End Use (USD Million), 2018-2023
3. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by End Use (USD Million), 2024-2032
4. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Hydrogenated Nitrile Butadiene Rubber (HNBR) Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Structure

Companies Mentioned

  • Polycomp
  • ARLANXEO Holding B.V.
  • Zeon Corporation (TYO: 4205)
  • Rahco Rubber Inc.
  • Elastomer Engineering Limited
  • Ge Mao Rubber Industrial Co. Ltd.
  • KACO GmbH + Co. KG

Methodology

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