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NBR Latex Market – Industry Analysis, Competitive Strategy during 2018-2025

Statistics of Nitrile Butadiene Rubber Latex Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.

Statistics of Nitrile Butadiene Rubber Latex Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.

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<strong>NBR</strong> <strong>Latex</strong> <strong>Market</strong> growth outlook with industry review and<br />

forecast <strong>2018</strong>-<strong>2025</strong>: Global <strong>Market</strong> Insights, Inc.<br />

Asia Pacific will be the fastest growing region in global <strong>NBR</strong> latex market over the forecast<br />

duration. The region has presence of many multi-national latex producers and glove<br />

manufacturers, which reduces the overall cost of glove manufacturing and hence wide reach<br />

to companies requiring gloves.<br />

Low-cost labor and raw materials are two prime factors which have led to low prices for<br />

nitrile butadiene rubber latex and eventually gloves in this region. Companies in Asia Pacific<br />

have adopted strategy of production capacity expansion to grad larger chunk of market<br />

share. Kumho and Synthomer are top two companies producing <strong>NBR</strong> latex in the region.<br />

Nitrile Butadiene Rubber <strong>Latex</strong> <strong>Market</strong> size is forecast to exceed USD 2.4 billion by <strong>2025</strong>;<br />

according to a new research report by Global <strong>Market</strong> Insights, Inc. With increase in capital<br />

expenditure by private companies and governments in healthcare infrastructure, it is likely<br />

to boost the technological innovations, low cost drug delivery systems and low-cost<br />

production of generic drugs. In addition, rise in per capita income of people in developing<br />

nations, has led to an increase in the individual healthcare spending in these countries. The<br />

gloves manufacturing has also received a high demand since the outbreak of major<br />

epidemics across the globe. The industry is likely to witness substantial growth over the<br />

forecast timeframe, subsequently driving nitrile butadiene rubber latex demand over the<br />

next few years.<br />

High product cost and fluctuations in crude oil prices might hamper nitrile butadiene rubber<br />

latex market size growth over the forecast duration. Synthetic rubber is made from<br />

petrochemicals products which are derived from crude oil. Constant fluctuations in demand<br />

supply dynamics of crude oil market brings peak variations in prices and thus commodity<br />

market. This will obstruct <strong>NBR</strong> latex market growth in the coming years.<br />

© <strong>2018</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com


To browse this report titled, “Nitrile Butadiene Rubber (<strong>NBR</strong>) <strong>Latex</strong> <strong>Market</strong> Size By<br />

Application (Gloves [Medical, Industrial]), By End-user (Industrial, Healthcare & Clean<br />

Room, Food), <strong>Industry</strong> <strong>Analysis</strong> Report, Regional Outlook (U.S., Canada, UK, Germany,<br />

France, Italy, Spain, Russia, China, India, Japan, Australia, Malaysia, Indonesia, South<br />

Korea, Vietnam, Thailand, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Application<br />

Potential, Price Trends, <strong>Competitive</strong> <strong>Market</strong> Share & Forecast, <strong>2018</strong> <strong>–</strong> <strong>2025</strong>” please click on<br />

the link below:<br />

https://www.gminsights.com/industry-analysis/nitrile-butadiene-rubber-nbr-latexmarket<br />

Medical gloves held the largest share in gloves market in 2017. It includes surgical and<br />

examination gloves. Industrial gloves include gloves for materials and chemicals handling<br />

and protecting workforce from potential hazards through chemicals. Glove manufacturers in<br />

Asia Pacific export to countries including the U.S., Russia, Ukraine and other countries in<br />

Latin America and Europe. This will fuel nitrile butadiene rubber latex demand over the<br />

forecast duration across Asia Pacific.<br />

Increasing industrial bases across developing countries will have positive influence on<br />

industrial gloves demand in the coming years, which will subsequently accelerate <strong>NBR</strong> latex<br />

market volume over the forecast timeframe. Industrial gloves are used across metalworking,<br />

automotive, steel, iron, mining, component manufacturing and chemical industries.<br />

Nitrile butadiene rubber latex market for healthcare & clean room industry has a high<br />

growth potential and this end-user segment is estimated to grow with substantial CAGR<br />

<strong>during</strong> the forecast timespan. The main factor driving this tremendous growth is the rising<br />

gloves consumption across medical and pharmaceutical sectors. Nitrile butadiene rubber<br />

latex is widely used for gloves production as it provides the desired strength and chemical<br />

resistance, which is required in healthcare industry.<br />

<strong>NBR</strong> latex market is directed by environment protection associations to a considerable<br />

extent. The product is mostly made of petrochemical derivatives that causes pollution and<br />

are hazardous to environment. Moreover, product is mostly used by the medical industry<br />

due to which there are certain regulations are imposed by the healthcare industry.<br />

Make an inquiry for purchasing this report @<br />

https://www.gminsights.com/inquiry-before-buying/2881<br />

© <strong>2018</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com


Report Content<br />

Chapter 1. Methodology And Scope<br />

1.1. Methodology<br />

1.1.1. Initial data exploration<br />

1.1.2. Statistical model and forecast<br />

1.1.3. <strong>Industry</strong> insights and validation<br />

1.1.4. Definitions & forecast parameters<br />

1.1.4.1. Definitions<br />

1.1.4.2. Forecast parameters<br />

1.2. Data sources<br />

1.2.1. Primary<br />

1.2.2. Secondary<br />

1.2.2.1. Paid<br />

1.2.2.2. Unpaid<br />

Chapter 2. Executive Summary<br />

2.1. Nitrile butadiene rubber latex industry 360° synopsis, 2014 <strong>–</strong> <strong>2025</strong><br />

2.1.1. Business trends<br />

2.1.2. Application trends<br />

© <strong>2018</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com


2.1.3. End-user trends<br />

2.1.4. Regional trends<br />

Chapter 3. Nitrile Butadiene Rubber (<strong>NBR</strong>) <strong>Latex</strong> <strong>Industry</strong> Insights<br />

3.1. <strong>Industry</strong> segmentation<br />

3.2. <strong>Industry</strong> size and forecast, 2014 - <strong>2025</strong><br />

3.3. <strong>Industry</strong> ecosystem analysis<br />

3.3.1. Profit margin analysis<br />

3.3.2. Value addition at each stage<br />

3.3.3. Distribution channel analysis<br />

3.3.4. Vendor matrix<br />

3.3.4.1. List of key raw material suppliers<br />

3.3.4.2. List of key manufacturers/distributors<br />

3.3.4.3. List of key/potential customers<br />

3.4. Raw material analysis<br />

3.5. Innovation & sustainability<br />

3.5.1. Patent analysis<br />

3.5.2. Production process<br />

3.5.3. Future trends<br />

3.6. <strong>Industry</strong> impact forces<br />

3.6.1. Growth drivers<br />

3.6.1.1. Advancements in technology and increasing investments in healthcare industry<br />

3.6.1.2. Increasing product usage in food industry<br />

3.6.2. <strong>Industry</strong> pitfalls & challenges<br />

3.6.2.1. Availability of natural rubber as alternative<br />

3.6.2.2. Price fluctuations in crude oil market<br />

3.7. Regulatory landscape<br />

© <strong>2018</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com


3.7.1. U.S.<br />

3.7.2. Europe<br />

3.7.3. China<br />

3.7.4. American Society for Testing and Materials (ASTM)<br />

3.7.5. International Organization for Standardization (ISO)<br />

3.8. Growth potential analysis<br />

3.9. <strong>Competitive</strong> landscape, 2017<br />

3.9.1. Company market share analysis, 2017<br />

3.9.2. Brand analysis<br />

3.9.3. Key stakeholders<br />

3.9.4. Strategic dashboard<br />

3.9.5. Production capacity<br />

3.10. Regional price trends<br />

3.10.1. Cost structure analysis<br />

3.10.1.1. R&D cost<br />

3.10.1.2. Manufacturing & equipment cost<br />

3.10.1.3. Raw material cost<br />

3.10.1.4. Distribution cost<br />

3.10.1.5. Operating cost<br />

3.10.1.6. Miscellaneous cost<br />

3.10.2. Price by application<br />

3.10.3. Price by end-user<br />

3.11. Porter’s analysis<br />

3.11.1. Supplier power<br />

3.11.2. Buyer power<br />

3.11.3. Threat of new entrants<br />

© <strong>2018</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com


3.11.4. Threat of substitutes<br />

3.11.5. <strong>Industry</strong> rivalry<br />

3.12. PESTEL analysis<br />

About Global <strong>Market</strong> Insights<br />

Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market research<br />

and consulting service provider; offering syndicated and custom research reports along with<br />

growth consulting services. Our business intelligence and industry research reports offer<br />

clients with penetrative insights and actionable market data specially designed and<br />

presented to aid strategic decision making. These exhaustive reports are designed via a<br />

proprietary research methodology and are available for key industries such as chemicals,<br />

advanced materials, technology, renewable energy and biotechnology.<br />

Contact Us:<br />

Arun Hegde<br />

Corporate Sales, USA<br />

Global <strong>Market</strong> Insights, Inc.<br />

Phone:1-302-846-7766<br />

Toll Free: 1-888-689-0688<br />

Email: sales@gminsights.com<br />

Web: https://www.gminsights.com<br />

© <strong>2018</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com

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