Nitrile Rubber Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource

Nitrile Rubber is a synthetic material that is derived from butadiene and acrylonitrile which may vary from 18-50%. The rubber has excellent chemical and oil resistivity, abrasion, and tensile strength. The physical and chemical property varies greatly due to its nitrile composition. It is primarily used to manufacture seals that resist gas permeability; it has great elongation and abrasion properties, adhesion to metal materials, and great colorability. It can also resist grease, wind, and water, making the material an excellent option for several industrial applications.

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Vietnam, India, and the United States are key importing countries for Nitrile Rubber. On the other hand, the key exporting countries are India, Vietnam, and Malaysia.

Key Details About the Nitrile Rubber Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Nitrile Rubber price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Nitrile Rubber Price Trends, including India Nitrile Rubber price, USA Nitrile Rubber price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Nitrile Rubber Price Trend:

Nitrile Rubber is a synthetic material, which is an excellent elastomer used commercially to manufacture products like Seals, gloves, grommets, adhesives, tubing, hosing, gaskets, and more. It is a versatile polymer that is primarily used in the automotive and aerospace industry. It is mostly used where there is a requirement for high oil-resistance material, such as for manufacturing sealants, gaskets, or other products, that gets into direct contact with hot oil. The percentage of acrylonitrile in the compound is directly proportional to its oil resistivity, which means the higher the presence of acrylonitrile, the better its oil resistivity.

Additionally, the polymer material has great tensile strength, excellent elasticity, and good abrasion properties; hence it is used in producing hoses, non-latex gloves, V-belts, synthetic leather, O-rings, transmission belts, cable jackets, printer’s form rollers, static and dynamic hydraulic seals, etc.

Key Players:

  • Lanxess AG
  • Kumho Petrochemical Co., Ltd
  • Zeon Chemicals
  • SIBUR

News & Recent Development

  • Date: December 12, 2022- Zeon Chemicals L.P. plans to expand its Zetpol Hydrogenated Nitrile Rubber (HNBR) capacity in Texas. This expansion would increase the global HNBR capacity by 25%, which will be completed by early 2025.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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