NB Latex Market Analysis And Outlook To 2025

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The NB Latex (acrylonitrile butadiene latex) is synthetic latex mainly used for medical rubber gloves. It has great durability, wear resistance, tensile strength, and color. In addition, it does not have volatile organic compounds (VOCs) so it is rapidly expanding as it serves as a substitute for natural latex.
NB latex is a very versatile raw material. It is used as solid rubber as well as latex. An important application of NR in the latex form is production of thin walled soti products with a high strength, such as surgical gloves balloons, or sanitary rubber products due to is straincrystallization and thus selfreinforcing properties.
For regions, Southeast Asia keeps the largest consumption region in the recent few years, whose consumption volume share was 70.49% in 2017globally. China is the follower, with the consumption volume of 159 K MT in 2017
The NB latex industry leaders are Kumho Petrochemical, Synthomer, Nantex, LG Chem and so on, have good reputations for their NB latex products with advanced technologies. Compared with manufacturers internally, Chinas NB latex industry is still in the development stage. Although China is a net importer for the time being, with more and more new capacities to be released in the coming years, China will become a major supplier of NB latex internationally.

According to this study, over the next five years the NB Latex market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 2080 million by 2024, from US$ 1660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in NB Latex business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of NB Latex market by product type, application, key manufacturers and key regions and countries.

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This study considers the NB Latex value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Middle Acrylonitrile Type
High Acrylonitrile Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Kumho Petrochemical
LG Chem
Shin Foong
Croslene Chemical
Jiuzhou Aohuo Chem&Indu

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global NB Latex consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of NB Latex market by identifying its various subsegments.
Focuses on the key global NB Latex manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the NB Latex with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of NB Latex submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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