According to a market report by Lucintel, the future of the global specialty nitrile market looks promising with opportunities in the automotive, aerospace, oil & gas, medical, and industrial sectors. The global specialty nitrile market is expected to reach an estimated $13.4 billion by 2030 from $40.0 billion in 2024,at 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 to understand trends, opportunity and forecast in specialty 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).
Lucintel forecasts that, within the type category, butadiene is expected to witness the highest growth over the forecast period due to its significant usage in the creation of synthetic rubber.
Within the end use category, 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.
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In terms of region, 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, Emerald Performance Materials are the major suppliers in the specialty 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 [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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