Nitrile Butadiene Rubber Market Size

Nitrile Butadiene Rubber Market Future Prospects

The global nitrile butadiene rubber market size stands at USD 2.67 billion in 2024, and it will grow at a CAGR of 7.52% during 2025–2032, to reach USD 4.73 billion by 2032. This is ascribed to the increasing demand for this material from the automotive, medical, and oil & gas industries, which require oil resistance and high heat stability in components.

Moreover, it is the best option for applications that require excellent metal adhesion and abrasion resistance. With the use of sophisticated technologies, it can provide long-lasting effects and help the rubber survive harsh environmental conditions are used to create nitrile rubber sheets for the oil & gas industry.

The automobile industry, specifically in the area of electric vehicles, will also improve the level of demand for nitrile butadiene rubber. Most manufacturers are looking for materials that can cope with the extreme heat and chemical exposure of the battery and fuel cell systems, where nitrile rubber has a positive preference. In addition, sustainable and environmentally friendly substances are in fact one of the main concerns these days, creating forces to innovate the nitrile rubber production processes that may be more environmentally friendly. This trend is likely to strengthen market growth as consumers and industries increasingly incorporate sustainable practices.