According to a market report by Lucintel, the future of the global speciality nitrile market looks promising with opportunities in the automotive, aerospace, oil & gas, medical, and industrial sectors. The global speciality nitrile market is expected to reach an estimated $13.4 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing awareness about personal hygiene and rising demand for specialty nitrile gloves in the healthcare industry.
A more than 150–page
report is developed to understand Trends, opportunity and forecast in
speciality nitrile market to 2030 by type (hydrogenated, carboxylated,
butadiene, acrylonitrile butadiene, and others), application (protective
gloves, automotive components, electronic components, adhesives & sealants,
oilfield, and others), end use (automotive, aerospace, oil & gas, medical,
industrial, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
In this market,
hydrogenated, carboxylated, butadiene, and acrylonitrile butadiene are the
major segments of speciality nitrile market by type.
Lucintel forecasts that
butadiene is expected to witness the highest growth over the forecast period
due to its significant usage in the creation of synthetic rubber.
Within this market,
automotive is expected to witness the highest growth due to rising demand
nitrile based high-performance rubber goods including gasoline hoses, seals,
gaskets, and o-rings in this sector owing to its great resistance to heat, oil,
and chemicals.
APAC is expected to
witness highest growth over the forecast period due to growing demand for
nitrile from variety of end use sectors, such as automotive, medical, and
industrial of the region.
AlzChem, Ascend
Performance Materials, Denicso, Duraco, and Emerald Performance Materials are
the major suppliers in the speciality nitrile market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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