The Acrylonitrile butadiene rubber market is expected to cross USD 2.4 billion at a CAGR of 5.8 during the forecast period.
Acrylonitrile butadiene rubber Market Overview
Acrylonitrile butadiene rubber (NBR) is a synthetic rubber copolymer known for its excellent resistance to oil, fuel, and solvents. It is widely used in various industries, including automotive, construction, and manufacturing, due to its durability, flexibility, and chemical resistance. The NBR market has been experiencing steady growth, driven by increasing industrialization, urbanization, and the growing demand for products made from NBR.
The Acrylonitrile butadiene rubber market is driven by several factors, including:
2024 Market Trends: Key Insights and Predictions
Key trends in the NBR market include the increasing adoption of bio-based synthetic rubber due to environmental concerns. Bio-NBR materials are gaining popularity due to their lower environmental impact and renewable raw material sources. Another significant trend is the growing demand for NBR gloves in the healthcare sector, driven by increased hygiene awareness and regulatory standards. In the automotive industry, there is a shift towards lightweight, fuel-efficient vehicles, leading to greater demand for NBR-based components that reduce overall vehicle weight. The expansion of e-commerce and warehousing is also contributing to the rise of NBR seals and gaskets in the industrial machinery sector. Technological advancements, such as the use of 3D printing to produce custom NBR components, are also gaining momentum, providing manufacturers with greater flexibility in production.
Acrylonitrile butadiene rubber Market Restraints: An In-Depth Analysis for 2024
The Acrylonitrile Butadiene Rubber (NBR) market faces several restraints, the most significant being environmental concerns surrounding the production and disposal of synthetic rubber. The production process of NBR releases volatile organic compounds (VOCs) and other pollutants, contributing to the industry's carbon footprint. Furthermore, the dependence on petroleum-based raw materials increases price volatility, especially during fluctuations in crude oil prices. Health concerns regarding the use of nitrile rubber in certain medical applications, such as medical gloves, have led to increased scrutiny and regulatory restrictions. Additionally, technological challenges in producing eco-friendly alternatives to traditional synthetic rubber, as well as competition from natural rubber, pose significant challenges for the market.
Growth Opportunities in the Acrylonitrile butadiene rubber Market for 2024
The Acrylonitrile Butadiene Rubber market offers several growth opportunities, driven by the increasing demand for high-performance rubber materials in industries like automotive, oil and gas, and industrial machinery. The rising trend toward lightweight vehicles in the automotive sector presents opportunities for NBR usage in components such as gaskets, seals, and hoses, which help reduce vehicle weight and improve fuel efficiency. Additionally, the expanding construction industry in developing regions is expected to drive demand for NBR-based materials in infrastructure projects. The growing emphasis on green and sustainable alternatives is pushing companies to explore innovations in bio-based NBR production processes, presenting a key opportunity for market growth. The healthcare industry's increasing focus on protective gloves, particularly in light of the recent COVID-19 pandemic, is also expected to fuel demand for NBR.
Key Challenges Facing the Acrylonitrile butadiene rubber Market in 2024
The Acrylonitrile Butadiene Rubber (NBR) market faces several challenges, including environmental regulations related to the production and disposal of synthetic rubber, particularly regarding emissions and waste management. Raw material price volatility, largely influenced by fluctuations in the price of petroleum, adds complexity to cost management for manufacturers. Competition from natural rubber and other synthetic rubber alternatives also presents a challenge, particularly in industries such as automotive, where price sensitivity is high. Technological limitations in developing eco-friendly or biodegradable alternatives to NBR have slowed progress in addressing environmental concerns. Moreover, the shift towards electric vehicles (EVs) in the automotive industry could reduce demand for certain NBR components, such as fuel-related hoses, which are less relevant in electric drivetrains. Additionally, the market faces challenges in supply chain disruptions and a shortage of skilled labor in key manufacturing regions.
Acrylonitrile butadiene rubber Market Segmentation
By Types, Acrylonitrile butadiene rubber Market is segmented as:
- High Acrylonitrile Content
- General Acrylonitrile Content
Among these, the
By Applications, the Acrylonitrile butadiene rubber Market is segmented as:
- Automobiles
- Construction
- Machinery
- Medical
- Others
Of these, the
Acrylonitrile butadiene rubber, by Region
- North America (United States
- Canada and Mexico)
- Europe (Germany
- UK
- France
- Italy
- Russia and Spain etc.)
- Asia-Pacific (China
- Japan
- Korea
- India
- Australia and Southeast Asia etc.)
- South America (Brazil
- Argentina and Colombia etc.)
- Middle East & Africa (South Africa
- UAE and Saudi Arabia etc.)
On the geographical front, the Asia-Pacific Acrylonitrile butadiene rubber industry size is touted to multiply at a robust pace over the forecast duration.
Competitive Landscape
The Acrylonitrile Butadiene Rubber (NBR) market is highly competitive, with key players such as Arlanxeo, Sibur, Lanxess AG, Zeon Corporation, Kumho Petrochemical, and JSR Corporation dominating the market. These companies focus on expanding their production capacities, particularly in Asia-Pacific, to meet the growing demand from industries like automotive, oil & gas, and construction. The competitive landscape is characterized by a strong emphasis on innovation and product development, with major players investing in R&D to create high-performance and environmentally friendly NBR products. Strategic partnerships and joint ventures are common, enabling companies to leverage each other's technological expertise and market presence. Additionally, regional expansion strategies are being employed, with companies aiming to establish or enhance their presence in high-growth regions such as Latin America. Companies are also focusing on sustainability initiatives, such as reducing emissions and adopting eco-friendly production processes, to align with increasing regulatory pressures and consumer demand for green products.
Key Companies Profiled
- ENI (Versalis)
- LG Chem
- JSR
- INSA
- Synthos
- Kumho Petrochemical
- Zeon
- CNPC
- Nantex
- KKPC
- Ningbo Shunze
- Industrias Negromex
- Petrobras Argentina
- Huangshan Hualan Technology
- Nanjing Xinfeima Chemical
- Jiangyin Zhengbang Chemicals
These companies are undertaking various expansion strategies such as new product development, partnerships, and acquisitions to improve their market share and cater to the growing demand for Acrylonitrile butadiene rubber across the globe.
Acrylonitrile butadiene rubber Report Scope:
Report Attribute | Details |
Growth Rate | 5.8 |
Base Year | 2023 |
Historical Data | 2018 |
Forecast Period | 2024 - 2032 |
Companies Covered | ENI (Versalis), LG Chem, JSR, INSA, Synthos, Kumho Petrochemical, Zeon, CNPC, Nantex, KKPC, Ningbo Shunze, Industrias Negromex, Petrobras Argentina, Huangshan Hualan Technology, Nanjing Xinfeima Chemical, Jiangyin Zhengbang Chemicals |
Segments Covered | Automobiles, Construction, Machinery, Medical, Others |
Types Covered | High Acrylonitrile Content, General Acrylonitrile Content |
Geographies Scope | North America (United States, Canada and Mexico), Europe (Germany, UK, France, Italy, Russia and Spain etc.), Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.), South America (Brazil, Argentina and Colombia etc.), Middle East & Africa (South Africa, UAE and Saudi Arabia etc.) |
Customization Scope | *Free report customization with additional or alteration to country, regional or segment scope. |
Recent Developments in the Acrylonitrile butadiene rubber Industry
In recent years, the NBR market has seen increased investment in R&D for developing more sustainable and eco-friendly rubber products. Leading companies are focusing on bio-based NBR alternatives to reduce dependence on petroleum-based products. Additionally, several mergers and acquisitions have been observed in the market, with larger chemical companies acquiring smaller, specialized NBR manufacturers to expand their product offerings and geographic presence. Asia-Pacific continues to dominate the market, driven by the growing automotive and construction sectors in countries like China, India, and Japan. In the healthcare sector, the demand for nitrile gloves surged during the COVID-19 pandemic, leading to capacity expansions by major players in the market. The industry is also seeing collaborations between automotive manufacturers and NBR producers to develop advanced, lightweight components. Furthermore, advancements in recycling technologies for NBR are emerging, which aim to reduce environmental impact and improve the circularity of rubber products.
Key Target Audience
- Automotive manufacturers
- Oil & gas companies
- Industrial machinery producers
- Medical glove manufacturers
- Construction material suppliers
- Chemical and polymer companies
- Regulatory bodies and environmental agencies
- Research institutions and R&D organizations
Chapter 1 Acrylonitrile Butadiene Rubber Market Overview
1.1 Acrylonitrile Butadiene Rubber Definition
1.2 Global Acrylonitrile Butadiene Rubber Market Size Status and Outlook (2018-2032)
1.3 Global Acrylonitrile Butadiene Rubber Market Size Comparison by Region (2018-2032)
1.4 Global Acrylonitrile Butadiene Rubber Market Size Comparison by Type (2018-2032)
1.5 Global Acrylonitrile Butadiene Rubber Market Size Comparison by Application (2018-2032)
1.6 Global Acrylonitrile Butadiene Rubber Market Size Comparison by Sales Channel (2018-2032)
1.7 Acrylonitrile Butadiene Rubber Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Acrylonitrile Butadiene Rubber Market
Chapter 2 Acrylonitrile Butadiene Rubber Market Competition by Player
2.1 Global Acrylonitrile Butadiene Rubber Sales and Market Share by Player (2021-2023)
2.2 Global Acrylonitrile Butadiene Rubber Revenue and Market Share by Player (2021-2023)
2.3 Global Acrylonitrile Butadiene Rubber Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Acrylonitrile Butadiene Rubber Market Segment by Type
3.1 Global Acrylonitrile Butadiene Rubber Market by Type
3.1.1 High Acrylonitrile Content
3.1.2 General Acrylonitrile Content
3.2 Global Acrylonitrile Butadiene Rubber Sales and Market Share by Type (2018-2023)
3.3 Global Acrylonitrile Butadiene Rubber Revenue and Market Share by Type (2018-2023)
3.4 Global Acrylonitrile Butadiene Rubber Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Acrylonitrile Butadiene Rubber Market Segment by Application
4.1 Global Acrylonitrile Butadiene Rubber Market by Application
4.1.1 Automobiles
4.1.2 Construction
4.1.3 Machinery
4.1.4 Medical
4.1.5 Others
4.2 Global Acrylonitrile Butadiene Rubber Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Acrylonitrile Butadiene Rubber Market Segment by Sales Channel
5.1 Global Acrylonitrile Butadiene Rubber Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Acrylonitrile Butadiene Rubber Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Acrylonitrile Butadiene Rubber Market Segment by Region & Country
6.1 Global Acrylonitrile Butadiene Rubber Market Size and CAGR by Region (2018-2032)
6.2 Global Acrylonitrile Butadiene Rubber Sales and Market Share by Region (2018-2023)
6.3 Global Acrylonitrile Butadiene Rubber Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Acrylonitrile Butadiene Rubber Market Share by Type
6.4.3 North America Acrylonitrile Butadiene Rubber Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Acrylonitrile Butadiene Rubber Market Share by Type
6.5.3 Europe Acrylonitrile Butadiene Rubber Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Acrylonitrile Butadiene Rubber Market Share by Type
6.6.3 Asia-Pacific Acrylonitrile Butadiene Rubber Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Acrylonitrile Butadiene Rubber Market Share by Type
6.7.3 South America Acrylonitrile Butadiene Rubber Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Acrylonitrile Butadiene Rubber Market Share by Type
6.8.3 Middle East & Africa Acrylonitrile Butadiene Rubber Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Acrylonitrile Butadiene Rubber Players
7.1 LANXESS
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Sibur
7.3 ENI (Versalis)
7.4 LG Chem
7.5 JSR
7.6 INSA
7.7 Synthos
7.8 Kumho Petrochemical
7.9 Zeon
7.10 CNPC
7.11 Nantex
7.12 KKPC
7.13 Ningbo Shunze
7.14 Industrias Negromex
7.15 Petrobras Argentina
7.16 Huangshan Hualan Technology
7.17 Nanjing Xinfeima Chemical
7.18 Jiangyin Zhengbang Chemicals
Chapter 8 Upstream and Downstream Analysis of Acrylonitrile Butadiene Rubber
8.1 Industrial Chain of Acrylonitrile Butadiene Rubber
8.2 Upstream of Acrylonitrile Butadiene Rubber
8.3 Downstream of Acrylonitrile Butadiene Rubber
Chapter 9 Development Trend of Acrylonitrile Butadiene Rubber (2024-2032)
9.1 Global Acrylonitrile Butadiene Rubber Market Size (Sales and Revenue) Forecast (2024-2032)
9.2 Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Region (2024-2032)
9.3 Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Type (2024-2032)
9.4 Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Application (2024-2032)
9.5 Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Sales Channel (2024-2032)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Acrylonitrile Butadiene Rubber Example
Figure Global Acrylonitrile Butadiene Rubber Revenue (Million $) Status and Outlook (2018-2032)
Figure Global Acrylonitrile Butadiene Rubber Revenue (Million $) Comparison by Region (2018-2032)
Figure Global Acrylonitrile Butadiene Rubber Revenue (Million $) Comparison by Type (2018-2032)
Figure Global Acrylonitrile Butadiene Rubber Revenue (Million $) Comparison by Application (2018-2032)
Figure Global Acrylonitrile Butadiene Rubber Revenue (Million $) Comparison by Sales Channel (2018-2032)
Table Global Acrylonitrile Butadiene Rubber Sales by Player (2021-2023)
Table Global Acrylonitrile Butadiene Rubber Sales Market Share by Player (2021-2023)
Figure Global Acrylonitrile Butadiene Rubber Sales Market Share by Player in 2023
Table Global Acrylonitrile Butadiene Rubber Revenue (Million $) by Player (2021-2023)
Table Global Acrylonitrile Butadiene Rubber Revenue Market Share by Player (2021-2023)
Figure Global Acrylonitrile Butadiene Rubber Revenue Market Share by Player in 2023
Table Global Acrylonitrile Butadiene Rubber Average Price by Player (2021-2023)
Figure Global Acrylonitrile Butadiene Rubber Average Price by Player in 2023
Figure Global Acrylonitrile Butadiene Rubber Players Competition Situation – Top 5 Players’ Revenue Market Share in 2021
Figure Global Acrylonitrile Butadiene Rubber Players Competition Trends – Top 5 Players’ Revenue Market Share in 2023
Figure Example of High Acrylonitrile Content
Figure Global High Acrylonitrile Content Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of General Acrylonitrile Content
Figure Global General Acrylonitrile Content Revenue (Million $) and Growth Rate (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Sales by Type (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Sales Market Share by Type (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Sales Market Share by Type in 2023
Table Global Acrylonitrile Butadiene Rubber Revenue (Million $) by Type (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Revenue Market Share by Type (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Revenue Market Share by Type in 2023
Table Global Acrylonitrile Butadiene Rubber Average Price by Type (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Average Price by Type in 2023
Table Leading Players of Acrylonitrile Butadiene Rubber by Type in 2023
Figure Example of Automobiles
Figure Global Acrylonitrile Butadiene Rubber for Automobiles Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Construction
Figure Global Acrylonitrile Butadiene Rubber for Construction Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Machinery
Figure Global Acrylonitrile Butadiene Rubber for Machinery Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Medical
Figure Global Acrylonitrile Butadiene Rubber for Medical Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Acrylonitrile Butadiene Rubber for Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Sales by Application (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Sales Market Share by Application (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Sales Market Share by Application in 2023
Table Leading Consumers of Acrylonitrile Butadiene Rubber by Application in 2023
Figure Example of Direct Channel
Figure Global Acrylonitrile Butadiene Rubber for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Acrylonitrile Butadiene Rubber for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Revenue by Sales Channel (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Revenue Market Share by Sales Channel (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Acrylonitrile Butadiene Rubber by Sales Channel in 2023
Table Global Acrylonitrile Butadiene Rubber Market Size and CAGR by Region (2018-2032)
Table Global Acrylonitrile Butadiene Rubber Sales by Region (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Sales Market Share by Region (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Sales Market Share by Region in 2023
Table Global Acrylonitrile Butadiene Rubber Revenue (Million $) by Region (2018-2023)
Table Global Acrylonitrile Butadiene Rubber Revenue Market Share by Region (2018-2023)
Figure Global Acrylonitrile Butadiene Rubber Revenue Market Share by Region in 2023
Table North America Acrylonitrile Butadiene Rubber Sales by Country (2018-2023)
Figure North America Acrylonitrile Butadiene Rubber Sales Market Share by Country (2018-2023)
Table North America Acrylonitrile Butadiene Rubber Revenue by Country (2018-2023)
Figure North America Acrylonitrile Butadiene Rubber Revenue Market Share by Country (2018-2023)
Figure North America Acrylonitrile Butadiene Rubber Market Share by Type in 2023
Figure North America Acrylonitrile Butadiene Rubber Market Share by Application in 2023
Figure United States Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure United States Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Canada Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Acrylonitrile Butadiene Rubber Sales by Country (2018-2023)
Figure Europe Acrylonitrile Butadiene Rubber Sales Market Share by Country (2018-2023)
Table Europe Acrylonitrile Butadiene Rubber Revenue by Country (2018-2023)
Figure Europe Acrylonitrile Butadiene Rubber Revenue Market Share by Country (2018-2023)
Figure Europe Acrylonitrile Butadiene Rubber Market Share by Type in 2023
Figure Europe Acrylonitrile Butadiene Rubber Market Share by Application in 2023
Figure Germany Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Germany Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure UK Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure France Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure France Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Italy Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Spain Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Russia Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Acrylonitrile Butadiene Rubber Sales by Country (2018-2023)
Figure Asia-Pacific Acrylonitrile Butadiene Rubber Sales Market Share by Country (2018-2023)
Table Asia-Pacific Acrylonitrile Butadiene Rubber Revenue by Country (2018-2023)
Figure Asia-Pacific Acrylonitrile Butadiene Rubber Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Acrylonitrile Butadiene Rubber Market Share by Type in 2023
Figure Asia-Pacific Acrylonitrile Butadiene Rubber Market Share by Application in 2023
Figure China Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure China Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Japan Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Korea Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure India Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure India Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Southeast Asia Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Australia Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Table South America Acrylonitrile Butadiene Rubber Sales by Country (2018-2023)
Figure South America Acrylonitrile Butadiene Rubber Sales Market Share by Country (2018-2023)
Table South America Acrylonitrile Butadiene Rubber Revenue by Country (2018-2023)
Figure South America Acrylonitrile Butadiene Rubber Revenue Market Share by Country (2018-2023)
Figure South America Acrylonitrile Butadiene Rubber Market Share by Type in 2023
Figure South America Acrylonitrile Butadiene Rubber Market Share by Application in 2023
Figure Brazil Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Brazil Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Mexico Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Argentina Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Colombia Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Acrylonitrile Butadiene Rubber Sales by Country (2018-2023)
Figure Middle East & Africa Acrylonitrile Butadiene Rubber Sales Market Share by Country (2018-2023)
Table Middle East & Africa Acrylonitrile Butadiene Rubber Revenue by Country (2018-2023)
Figure Middle East & Africa Acrylonitrile Butadiene Rubber Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Acrylonitrile Butadiene Rubber Market Share by Type in 2023
Figure Middle East & Africa Acrylonitrile Butadiene Rubber Market Share by Application in 2023
Figure Turkey Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Turkey Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure UAE Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Acrylonitrile Butadiene Rubber Sales and Growth Rate (2018-2023)
Figure South Africa Acrylonitrile Butadiene Rubber Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of LANXESS
Table Acrylonitrile Butadiene Rubber Introduction of LANXESS
Table Acrylonitrile Butadiene Rubber Sales, Price, Revenue, Gross Margin and Market Share of LANXESS (2021-2023)
Table Industrial Chain of Acrylonitrile Butadiene Rubber
Table Leading Consumers of Acrylonitrile Butadiene Rubber
Figure Global Acrylonitrile Butadiene Rubber Sales and Growth Rate Forecast (2024-2032)
Figure Global Acrylonitrile Butadiene Rubber Revenue and Growth Rate Forecast (2024-2032)
Table Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Region (2024-2032)
Table Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Type (2024-2032)
Table Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Application (2024-2032)
Table Global Acrylonitrile Butadiene Rubber Market Size and CAGR Forecast by Sales Channel (2024-2032)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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