Recently, global market analysis company released the market research report of butyronitrile latex.
The global NBR Latex market is expected to be worth more than $2.4 billion by 2025, the report said.
Since the outbreak of global epidemic diseases, the medical gloves industry has shown strong demand, and it is expected that there will be a substantial increase in the forecast period, which will drive the demand for nitrile latex to climb.
Synthetic rubber is made from petrochemicals derived from crude oil. Changes in the crude oil market lead to large fluctuations in its price, which also severely affects the commodity market. Undoubtedly, it will hinder the future growth of the nitrile emulsion market.
Nitrile butadiene latex can provide ideal strength and chemical resistance and is widely used in glove production.
The potential of the market growth of nitrile emulsion for medical and health industry is huge, mainly driven by the rising consumption of medical gloves.
Medical gloves accounted for the largest share of the glove market in 2017.
In the future, the increasing industrial bases in developing countries will have a positive impact on the demand for industrial gloves and thus stimulate the sales of nitrile emulsion market.
The report predicts the asia-pacific region will be the fastest-growing region for the nitrile latex market, as there are many multinational latex producers and glove manufacturers.
Asia Pacific manufacturers of latex gloves export to countries including the United States, Russia, Ukraine, and some Latin American and European countries.
The rapid increase in demand in these countries has effectively promoted the continued steady growth of the nitrile emulsion market in the asia-pacific region.
As a professional rubber manufacturer, Shenyang Sunnyjoint Chemicals Co., Ltd. will pay close attention to acrylonitrile emulsion.