Fast Industrialization and Infrastructure Development Contribute to Nitrile Rubber Consumption Growth According to Merchant Research & Consulting Ltd.Aug 19th, 2011
LONDON – Nitrile rubber market experienced large-scale fall during the financial recession as it is highly dependent on the construction and automobile industries that were in significant decline. Moreover bearish prices for feedstock butadiene caused a number of shutdowns on nitrile rubber facilities across the world.
However fast industrialization and new construction project launches in the developing countries of the Middle East and Asia-Pacific contribute vastly to the expansion of nitrile rubber consumption. The price for the material is growing at a fast pace on these markets. The total value of the world nitrile rubber market is expected to reach 0,65 mln tonnes by the end of 2016.
Insightful review and forecasts on global, regional and country markets of nitrile rubber can be found in the new market research report “Nitrile Rubber (NBR): 2011 World Market Outlook and Forecast” that offers full-view coverage of the present and past market landscape and future forecasts and presents data showing nitrile rubber capacities, production, consumption, trade statistics, and global, regional and by-country recent prices.
Nitrile Rubber (NBR): 2011 World Market Outlook and Forecast
Published: June, 2011
The report covers information on nitrile rubber key producers and suppliers, provides an in-depth analysis on nitrile rubber production and trade statistics in the reviewed countries, nitrile rubber prices and overall business conditions on this market. The study also highlights future outlooks through 2016 that encompass projected market volumes and prices.
The report on nitrile rubber has been made up by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Nitrile Rubber (NBR): 2011 World Market Outlook and Forecast” is included into the catalogue “Polymers”, which also includes Acrylonitrile-Butadiene-Styrene Copolymer, Nitrobenzene, Polystyrene, Propylene, Polyvinyl Chloride, Vinyl Acetate, Vinyl Chloride markets.
Merchant Research & Consulting Ltd.
Julia Hill, Sales Manager
Tel: +44 20 7558 8740
Fax: +44 (20) 7900-3970