Indonesia Nitrile Butadiene Rubber Market (2022-2028) | Forecast, Size, Trends, Outlook, Revenue, Share, Analysis, Value, Segmentation, Industry & COVID-19 IMPACT

Indonesia Nitrile Butadiene Rubber Market Synopsis

Nitrile butadiene rubber is a synthetic rubber that is derived from petroleum. It is widely used in various industries such as automotive, healthcare, construction, and others. It has superior properties such as resistance to abrasion, chemicals, and heat. The key drivers for the market growth are the growing demand for nitrile butadiene rubber from the automotive and construction industries, and the favorable government regulations. However, the huge price of certain key raw materials is predictable to act as a hurdle for the market growth. The Indonesia Nitrile Butadiene Rubber is a part of the Asia Pacific Nitrile Butadiene Rubber Market and global Nitrile Butadiene Rubber market. 

According to 6Wresearch, the Indonesia nitrile butadiene rubber market size is likely to witness growth during 2022-28. The progress of Indonesia nitrile butadiene rubber industry is spurred by the growing demand for tires from the automotive industry. Moreover, the country's large population and rapidly growing economy are also contributing to the market growth.

Market Analysis By End User

In terms of end user, the market is categorized into automotive, mechanical engineering, oil & gas, metallurgy & mining, construction, medical and others. Additionally, the automotive industry is the largest end-use sector for nitrile butadiene rubber, and is expected to continue to drive market growth during the forecast period. The automotive end user accounts for majority of the market share. The construction industry is also a major consumer of nitrile butadiene rubber, due to its properties such as resistance to abrasion, chemicals, and oil.

Market Analysis By Competitive Landscape

The Indonesia Nitrile Butadiene Rubber market is highly competitive. There are a large number of manufacturers operating in the market, all of whom are vying for a share of the market. Further, the competition in the market is mainly due to the large number of manufacturers. All of these manufacturers are trying to produce the best quality product possible, in order to gain a larger share of the market. This has led to a situation where there is a lot of innovation and product development taking place in the market. Additionally, the competition in the market is also intensified by the presence of multinational companies. These companies have deep pockets and are able to invest heavily in research and development, which gives them an advantage over smaller companies. Overall, the competition in the Indonesia Nitrile Butadiene Rubber market is very intense. Manufacturers are constantly trying to develop new and better products in order to gain a larger share of the market.

COVID-19 Influence on the Indonesia Nitrile Butadiene Rubber Market 

The Covid-19 outbreak has brought a slowdown in the market. However, the market condition has improved in recent years and is expected to grow at a steady pace. This can be attributed to the increasing preference for eco-friendly products and the wide range of applications of nitrile butadiene rubber.

Major Companies in the Market 

Major key players operating in the Indonesia Nitrile Butadiene Rubber market are:

• ARLANXEO
• NITRIFLEX
• PetroChina Company Limited
• Synthos S.A.
• SIBUR
• Zeon Chemicals L.P.
• Dynasol Group

Key Attractiveness of the Report

• COVID-19 Influence on the Market Dynamics.
• 10 Years of Market Data.
• Historical Numbers from 2018 to 2021.
• Base Year: 2021
• Market Forecast Data Until 2028
• Key Performance Indicators Influencing the Market.
• Key Developments and Projects.

Key Highlights of the Report:

• Indonesia Nitrile Butadiene Rubber Market Outlook
• Market Size of Indonesia Nitrile Butadiene Rubber Market, 2021
• Forecast of Indonesia Nitrile Butadiene Rubber Market, 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Revenues & Volume for the Period 2018 - 2028
• Indonesia Nitrile Butadiene Rubber Market Trend Evolution
• Indonesia Nitrile Butadiene Rubber Market Drivers and Challenges
• Indonesia Nitrile Butadiene Rubber Price Trends
• Indonesia Nitrile Butadiene Rubber Porter's Five Forces
• Indonesia Nitrile Butadiene Rubber Industry Life Cycle
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Product for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Hoses for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Belts for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Cables for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Molded & Extruded Products for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Seals & O-rings for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Rubber Compounds for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Adhesives & Sealants for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Hoses Nitrile Butadiene Rubber Market Revenues & Volume By Gloves for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By End-Use for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Automotive for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Mechanical Engineering for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Oil & Gas for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Metallurgy & Mining for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Construction for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Medical for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Nitrile Butadiene Rubber Market Revenues & Volume By Others for the Period 2018 - 2028
• Indonesia Nitrile Butadiene Rubber Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By End-Use
• Indonesia Nitrile Butadiene Rubber Top Companies Market Share
• Indonesia Nitrile Butadiene Rubber Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Nitrile Butadiene Rubber Company Profiles
• Indonesia Nitrile Butadiene Rubber Key Strategic Recommendations

Markets Covered

The report delivers an extensive study of the subsequent market segments:

By Product 

• Hoses
• Belts
• Cables
• Molded & Extruded Products
• Seals & O-Rings
• Rubber Compounds
• Adhesives & Sealants
• Gloves

By End-Use

• Automotive
• Mechanical Engineering
• Oil & Gas
• Metallurgy & Mining
• Construction
• Medical
• Others