Nitrile Rubber Market To Reach 645kt By 2017 - Study

The global market for Nitrile Rubber (NBR) is projected to exceed 645 thousand tons by the year 2017, according to a new report. Key factors driving the market include the increasing industrialisation and development of infrastructure projects and automobile industry in the emerging economies of Asia-Pacific, Middle East and Latin America.
Global Industry Analysts has published a new report titled, NITRILE BUTADIENE RUBBER (NBR) - A Global Strategic Business Report. The 180-page report was first published in April 2011 and is available for a price of around USD4600, depending on delivery options.
The publishers say, "The industry faced severe after-effects of the global economic slowdown that began in late 2007 and assumed debilitating proportions in 2008 and 2009. A key reason for the collapse in NBR demand was attributable to the downslide in automobile production as a result of fall in automobile sales, primarily in high-income countries. The severely hit construction sector also led to a significant drop in demand for NBR. In addition, the soaring prices for feedstock butadiene forced companies to cut down on NBR production. The effect of the increase in prices of the feedstock was also intensified by the weakening dollar."
(European Rubber Journal, April 8, 2011)