Acrylonitrile butadiene rubber-Nitrile rubber Prices, markets & analysis
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Acrylonitrile butadiene rubber-Nitrile rubber Overview Transcript
Acrylonitrile butadiene rubber or NBR in short, is a synthetic rubber that is traded in Asia. It is used primarily in the production of car parts such as gaskets, grommets, and oil seals for the automotive industry. It is also used in the footwear industry.
The major producers of NBR are based in North East Asia in Japan, South Korea and China. Although China is a major producer of NBR it also imports NBR from all over the world including Russia and Latin America.
The NBR prices are determined to a large extent by the raw material costs. Raw materials are acrylonitrile and butadiene. These are the major drivers of the NBR price, though demand, to a large extent also plays a major issue in the determination of the price.
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Acrylonitrile butadiene rubber-Nitrile rubber: Market overview
Updated to Q2 2015
Global demand for acrylonitrile butadiene rubber (NBR) is expected to improve in the second quarter of 2015 because of the onset of the high production season during this period, although some regions may see limited gains.
Demand in Southeast Asia and India is expected to pick up during this period as end-users in the derivative automotive, agricultural, industrial and footwear sectors replenish their dwindling inventories, following a weak first-quarter season.
However, demand in China may not strengthen as much as expected, amid a slowing Chinese economy and sluggish export sector. China is the world’s second largest economy and world’s largest automotive market.
Fluctuating oil prices and geopolitical tensions in the Middle East as well as concerns over a US Federal Reserve interest rate hike may also dampen market sentiment in Europe and the US.
NBR is used in the production of finished products, including automotive parts and components as well as hoses and insulation cables for industrial sector.
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Acrylonitrile Butadiene Rubber Methodology
About Acrylonitrile butadiene rubber-Nitrile rubber
Acrylonitrile butadiene rubber, or nitrile rubber (NBR), is synthetic rubber copolymer produced by the polymerisation of acrylonitrile (ACN) and butadiene (BD). An important property of nitrile rubber is its resistance to aliphatic hydrocarbon oils and fuels as well as some chemicals. Increasing the content of acrylonitrile in the nitrile rubber improves its resistance to oil but reduces its low temperature flexibility.
Nitrile rubber is also noted for its high resilience and resistance to abrasion, water, alcohols and heat. However, it only has moderate strength and is less resistant to ozone, aromatic hydrocarbons and strong oxidants.
The properties of nitrile rubber make it suitable for use in automotive and industrial applications. For example, it is used in hoses, O rings, gaskets, oil seals, transmission belts as well as footwear, gloves, adhesives and sealants.