1. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Nitrile Elastomers Market share growth trends and Forecast by 2025

2. Global Market Scenario of Nitrile Elastomers Industry © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Nitrile elastomers market will be driven by rising automotive and industrial applications during the forecast time span. They are used for fuel and oil handling hoses, grommets, hydraulic hoses, petroleum oil seals, hydraulic fluid seals, transmission fluid seals, O-rings, transmission belts, rollers, shock and vibration mounts, etc. Globalization and technological innovations will revolutionize the global automotive industry. Nitrile elastomers market  Higher income levels, changing consumer preferences and increasing awareness regarding fuel economy, safety and other features will propel the demand of automobiles in near future. Such trends associated with automotive industry will positively influence the nitrile elastomers market within the forecast period.  Nitrile Elastomers Market size is expected to grow steadily during the forecast time span. Nitrile Elastomer is a copolymer of butadiene and acrylonitrile and it provides excellent resistance to oil, solvents, mineral and vegetable oils, gasoline, fuels and hydraulic fuels. It possesses good physical properties such as resistance to tear, heat ageing and abrasion. It is superior to most elastomers in terms of compression set or cold flow. It is suitable for applications where excellent resistance to petroleum oils, grease and gasoline is required.

3. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Regional Trends:- Asia Pacific region will capture significant market share in nitrile elastomers market during the forecast time span due to rising automotive industry. China is the leading country in terms of automobile production in the world. According to Organisation Internationale des Constructeurs d'Automobiles (OICA), it accounted for more than 25% of global automotive production in 2018. Rising population, increasing disposable income levels and technological trends will trigger the growth of automotive industry in China, India and Southeast Asian countries thereby propelling the market growth in future. North America and Europe will witness steady growth in nitrile elastomers market size due to flourishing aerospace industry. This in turn will bolster the product demand within the forecast period. Favorable trends associated with oil & gas industry in North America will assist the market growth.

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5. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitive Trends: Some of the key players in nitrile elastomers market share are ZEON Corporation, JSR Corporation, INSA GPRO (Nanjing) Synthetic Rubber Co. Ltd., Sibur, Kumho Petrochemical Co., Ltd., Synthos S.A., LANXESS Aktiengesellschaft, Versalis S.p.A., and others.

6. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Nitrile Elastomers Market@ https://bit.ly/2YRMMf6 Request for table of contents for this report @ https://bit.ly/2TaZArT https://bit.ly/2TaZArT Inquire Before Buying This Report@ https://bit.ly/2M4Nm3n https://bit.ly/2M4Nm3n

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