According to Stratistics MRC, the Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market is accounted for $9.84 billion in 2019 and is expected to reach $22.83 billion by 2027 growing at a CAGR of 11.1% during the forecast period. Some of the key factors driving the market growth are growing demand for seals and gaskets, rapid industrialization, and increasing offshore drilling activities. However, poor electrical and flame resistance of HNBR is the restraining factor for the growth of the market.
Hydrogenated Nitrile Butadiene Rubber is derived from nitrile rubber and is hydrogenated in a solution by using precious metal catalysts. When compared to nitrile rubber (NBR), it has better resistance to wear and tear. As HNBR is a chemically modified form of NBR, it has better chemical compatibility with fluids and gases. Also, it exhibits excellent resistance to mineral oil-based hydraulic fluids, diesel fuel, dilutes acids and bases, and animal and vegetable oils.
By end-user, the automotive segment is expected to grow at a significant market share during the forecast period as HNBR has excellent mechanical properties which are desirable for various automotive applications. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to large-scale production activities of rubber processing industries and the growing automobile industry in the region.
Some of the key players in Hydrogenated Nitrile Butadiene Rubber (HNBR) Market include Parker Hannifin Corporation, Polycomp, AirBoss of America Corp, Elastomer Engineering Limited, Zeon Chemicals L.P., KACO GmbH + Co. KG, Rahco Rubber Inc, Precision Associates Inc, Superior Group Limited, ARLANXEO, Mantaline, Ge Mao Rubber Industrial Co Ltd, Seals Eastern Inc, and MCM S.p.A.
Types Covered:
- Nitrile Butadiene Rubber Emulsion Hydrogenation
- Nitrile Butadiene Rubber Solution Hydrogenation Method
- Ethylene-Acrylonitrile Copolymerization Method
Forms Covered:
Products Covered:
- Low-Temperature Grade HNBR (Acrylonitrile<25%)
- Middle High Nitrile HNBR (35% -Acrylonitrile<40%)
- High Nitrile HNBR (40% - Acrylonitrile<50%)
Applications Covered:
- Adhesives & Sealants
- Belts & Cables
- Seals & O-Rings
- Foamed Products
- Hoses
- Packers
- Rolls
- Axle Boots
- Paper Saturation
- Gloves
- Films & Coating
- Non-Woven Fabric
- Diaphragms
- Gaskets
- Stators
End Users Covered:
- Medical & Healthcare
- Metallurgy & Mining
- Automotive
- Construction
- Oil & Gas
- Machinery
- Food
- Chemical
Regions Covered:
- North America
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Type
- 5.1 Introduction
- 5.2 Nitrile Butadiene Rubber Emulsion Hydrogenation
- 5.3 Nitrile Butadiene Rubber Solution Hydrogenation Method
- 5.4 Ethylene-Acrylonitrile Copolymerization Method
6 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Form
- 6.1 Introduction
- 6.2 Latex
- 6.3 Solid
7 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Product
- 7.1 Introduction
- 7.2 Low-Temperature Grade HNBR (Acrylonitrile<25%)
- 7.3 Middle High Nitrile HNBR (35% -Acrylonitrile<40%)
- 7.4 High Nitrile HNBR (40% - Acrylonitrile<50%)
8 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Application
- 8.1 Introduction
- 8.2 Adhesives & Sealants
- 8.3 Belts & Cables
- 8.4 Seals & O-Rings
- 8.5 Foamed Products
- 8.6 Hoses
- 8.7 Packers
- 8.8 Rolls
- 8.9 Axle Boots
- 8.10 Paper Saturation
- 8.11 Gloves
- 8.12 Films & Coating
- 8.13 Non-Woven Fabric
- 8.14 Diaphragms
- 8.15 Gaskets
- 8.16 Stators
9 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By End User
- 9.1 Introduction
- 9.2 Medical & Healthcare
- 9.3 Metallurgy & Mining
- 9.4 Automotive
- 9.5 Construction
- 9.6 Oil & Gas
- 9.7 Machinery
- 9.8 Food
- 9.9 Chemical
10 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 Parker Hannifin Corporation
- 12.2 Polycomp
- 12.3 AirBoss of America Corp
- 12.4 Elastomer Engineering Limited
- 12.5 Zeon Chemicals L.P.
- 12.6 KACO GmbH + Co. KG
- 12.7 Rahco Rubber Inc
- 12.8 Precision Associates Inc
- 12.9 Superior Group Limited
- 12.10 ARLANXEO
- 12.11 Mantaline
- 12.12 Ge Mao Rubber Industrial Co Ltd
- 12.13 Seals Eastern Inc
- 12.14 MCM S.p.A.
List of Tables
- Table 1 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Region (2018-2027) ($MN)
- Table 2 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Type (2018-2027) ($MN)
- Table 3 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Nitrile Butadiene Rubber Emulsion Hydrogenation (2018-2027) ($MN)
- Table 4 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Nitrile Butadiene Rubber Solution Hydrogenation Method (2018-2027) ($MN)
- Table 5 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Ethylene-Acrylonitrile Copolymerization Method (2018-2027) ($MN)
- Table 6 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Form (2018-2027) ($MN)
- Table 7 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Latex (2018-2027) ($MN)
- Table 8 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Solid (2018-2027) ($MN)
- Table 9 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Product (2018-2027) ($MN)
- Table 10 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Low-Temperature Grade HNBR (Acrylonitrile<25%) (2018-2027) ($MN)
- Table 11 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Middle High Nitrile HNBR (35% -Acrylonitrile<40%) (2018-2027) ($MN)
- Table 12 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By High Nitrile HNBR (40% - Acrylonitrile<50%) (2018-2027) ($MN)
- Table 13 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Application (2018-2027) ($MN)
- Table 14 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Adhesives & Sealants (2018-2027) ($MN)
- Table 15 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Belts & Cables (2018-2027) ($MN)
- Table 16 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Seals & O-Rings (2018-2027) ($MN)
- Table 17 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Foamed Products (2018-2027) ($MN)
- Table 18 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Hoses (2018-2027) ($MN)
- Table 19 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Packers (2018-2027) ($MN)
- Table 20 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Rolls Staters (2018-2027) ($MN)
- Table 21 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Axle Boots (2018-2027) ($MN)
- Table 22 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Paper Saturation (2018-2027) ($MN)
- Table 23 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Gloves (2018-2027) ($MN)
- Table 24 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Films & Coating (2018-2027) ($MN)
- Table 25 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Non-Woven Fabric (2018-2027) ($MN)
- Table 26 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Diaphragms (2018-2027) ($MN)
- Table 27 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Gaskets (2018-2027) ($MN)
- Table 28 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Stators (2018-2027) ($MN)
- Table 29 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By End User (2018-2027) ($MN)
- Table 30 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Medical & Healthcare (2018-2027) ($MN)
- Table 31 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Metallurgy & Mining (2018-2027) ($MN)
- Table 32 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Automotive (2018-2027) ($MN)
- Table 33 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Construction (2018-2027) ($MN)
- Table 34 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Oil & Gas (2018-2027) ($MN)
- Table 35 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Machinery (2018-2027) ($MN)
- Table 36 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Food & Pharmaceutical (2018-2027) ($MN)
- Table 37 Global Hydrogenated Nitrile Butadiene Rubber (HNBR) Market Outlook, By Chemical (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
