Stay updated on Current Industry Trends and Future Market Scenario. Our real-time market analysis, and forecasts are for the users that are always on the move. Get instant updates on Healthcare, Technology, Chemicals, and other diverse industry verticals for well-informed business decisions.
Episodes
Friday Apr 24, 2015
Friday Apr 24, 2015
Global nitrile butadiene rubber (NBR)market is expected to reach USD 2.68 billion by 2020, according to a new study by Grand View Research, Inc. Increasing use of NBR in the manufacture of automotive parts including dash boards and brake liners coupled with growing demand for automobiles is anticipated to drive market growth over the forecast period. Growing awareness regarding hygiene and safety in healthcare and manufacturing industries is expected to augment demand for NBR gloves owing to their high resistance to a host of chemicals and solvents.
Hose, belting & cable was the largest application, accounting for more than 25% of market share in 2013. Increasing demand for hose, belts & cable from automotives and manufacturing industries coupled with rapid industrialization, particularly in Asia Pacific, is likely to fuel growth of NBR over the forecast period. Industrial & medical gloves are expected to be the fastest growing application segment of the market on account of rising safety measures in these sectors.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/nitrile-butadiene-rubber-market
For More Information visit - http://www.grandviewresearch.com/
No comments yet. Be the first to say something!