Nitrile butadiene rubber (NBR), which is also commonly referred to as Buna-N, is usually produced from hydrocarbons. NBR is widely used in the petroleum and natural gas industry. It is a form of synthetic rubber that is a copolymer of butadiene and acrylonitrile. As the name suggests, the curing process is quick in case of fast curing NBR. Like NBR, fast curing NBR is widely used in the automobile and aeronautical industries to manufacture fuel/oil hoses and seals.
A key factor impacting the global fast curing nitrile butadiene rubber market positively is the expansion of the global automobiles market, mainly the global cars market. Automobiles is a major end-use industry of the fast curing nitrile butadiene rubber market. More than half of the fast curing nitrile butadiene rubber produced is used for the manufacture of O-rings, V belts, seals, fuel hoses, and other products used in the automobiles industry.
fast curing nitrile butadiene rubber is manufactured from butadiene, which is produced from refining of crude oil using naphtha. Crude oil is a highly volatile commodity due to its ever changing supply-demand scenario. Therefore, any imbalance in the demand and supply of crude oil affects its pricing structure, which ultimately leads to volatility in its prices in the global market. Volatility in crude oil prices further affects prices of refining products such as propylene and butadiene.
Based on type, the fast curing nitrile butadiene rubber market can be divided into pipes and hoses; belts; wires and cables; seals, O-rings, and gaskets; adhesives and sealants; lab/medical examination gloves; molded goods; and sponges and foams. Among all segments, the pipes & hoses; belts; and wires & cables are anticipated to be substantial markets along with seals, O-rings, & gaskets.
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