Carboxylated Nitrile Rubber Market Size

  • Report ID: 5278
  • Published Date: Sep 28, 2023
  • Report Format: PDF, PPT

Carboxylated Nitrile Rubber Market Size

Carboxylated Nitrile Rubber Market size is anticipated to reach USD 20 billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of carboxylated nitrile rubber was over USD 10 billion. Carboxylated nitrile rubber is often used in automotive applications such as oil seals, gaskets, and hoses due to its excellent oil resistance. The demand for this rubber can be closely tied to the health of the automotive industry. Carboxylated nitrile rubber is also used in the oil and gas industry for seals and gaskets in equipment that comes into contact with petroleum-based fluids. The performance of this rubber in harsh environments can make it valuable in this sector.

Carboxylated Nitrile Rubber (XNBR) is a type of synthetic rubber that is created through the carboxylation of nitrile butadiene rubber (NBR). This modification introduces carboxyl groups into the polymer structure, enhancing its performance characteristics. Carboxylated Nitrile Rubber offers improved oil resistance, abrasion resistance, and heat resistance compared to standard NBR.


Carboxylated Nitrile Rubber Market

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Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5278
  • Published Date: Sep 28, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for automotive is the major factor driving the market growth.

The market size of carboxylated nitrile rubber is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Zeon Corporation, Kumho Petrochemical Co., Ltd., Lanxess AG, Synthos S.A., Nantex Industry Co., Ltd., LG Chem Ltd., and others.

The automotive segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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