Global Nitrile Butadiene Rubber (Nbr) Latex Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Bimodal, Liquid, and Carboxylate

By End User;

Automotive & Transportation, Building & Construction, Industrial, Medical, and Food & Beverage

By Application;

O-Rings & Seals, Hoses, Belts & Cables, Molded & Extruded Products, Adhesives & Sealants, Gloves - [Industrial and Medical], and Cotton

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn141341700 Published Date: May, 2025 Updated Date: June, 2025

Nitrile Butadiene Rubber (Nbr) Latex Market Overview

Nitrile Butadiene Rubber (Nbr) Latex Market (USD Million)

Nitrile Butadiene Rubber (Nbr) Latex Market was valued at USD 5,739.97 million in the year 2024. The size of this market is expected to increase to USD 11,546.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.5%.


Global Nitrile Butadiene Rubber (Nbr) Latex Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.5 %
Market Size (2024)USD 5,739.97 Million
Market Size (2031)USD 11,546.38 Million
Market ConcentrationLow
Report Pages334
5,739.97
2024
11,546.38
2031

Major Players

  • LG Chem
  • Precision Dippings Manufacturing Ltd.
  • Jubilant Bhartia Group
  • Zeon Chemicals
  • OMNOVA Solutions
  • Kumho Petrochemical
  • Synthomer
  • Nantex

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Nitrile Butadiene Rubber (Nbr) Latex Market

Fragmented - Highly competitive market without dominant players


The Nitrile Butadiene Rubber (NBR) Latex market is experiencing robust growth, primarily fueled by the rising demand for disposable gloves, which account for nearly 70% of total consumption. Known for its exceptional chemical resistance, high puncture strength, and allergy-free properties, NBR latex is widely used in healthcare, food processing, and industrial sectors, making it a critical component in personal protective equipment (PPE).

Innovations in Manufacturing for Enhanced Performance
Recent technological advancements have significantly boosted market growth, with new emulsion polymerization techniques improving latex purity, mechanical strength, and durability. Approximately 40% of recent capacity expansions focus on high-performance NBR latex, reflecting the industry's push towards specialized formulations that deliver superior tensile strength and elongation.

Sustainability Initiatives and Regulatory Influence
With an increasing focus on sustainability, manufacturers are shifting toward bio-based and low-VOC formulations, aligning with stricter environmental regulations. Nearly 30% of the market now incorporates sustainable alternatives, driven by rising environmental awareness and evolving regulatory frameworks.

Diverse Industrial Applications Beyond Gloves
While medical gloves dominate NBR latex consumption, the material also finds use in gaskets, seals, automotive components, and adhesives, collectively accounting for over 20% of total demand. This broad application range highlights the material’s versatility and importance across critical industrial sectors.

Growth Potential and Future Outlook
The NBR latex market is expected to continue its upward trajectory, supported by ongoing product innovations, capacity expansions, and shifting consumer preferences. With increasing investments in research and development (R&D) and a focus on high-performance formulations, the market is set for sustained growth in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Nitrile Butadiene Rubber (Nbr) Latex Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand across industries

        2. Broad range of applications

        3. Continuous tech-driven innovation

      2. Restraints
        1. Limited raw material availability

        2. High pricing fluctuations

        3. Frequent supply chain issues

      3. Opportunities
        1. Strategic market expansion efforts

        2. Novel formulation developments

        3. Growth in emerging applications

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Nitrile Butadiene Rubber (Nbr) Latex Market, By Type, 2021 - 2031 (USD Million)
      1. Bimodal
      2. Liquid
      3. Carboxylated
    2. Nitrile Butadiene Rubber (Nbr) Latex Market, By End User, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Building & Construction
      3. Industrial
      4. Medical
      5. Food & Beverage
    3. Nitrile Butadiene Rubber (Nbr) Latex Market, By Application, 2021 - 2031 (USD Million)
      1. O-rings & Seals
      2. Hoses
      3. Belts & Cables
      4. Molded & Extruded Products
      5. Adhesives & Sealants
      6. Gloves
        1. Industrial
        2. Medical
      7. Cotton
    4. Nitrile Butadiene Rubber (Nbr) Latex Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kumho Petrochemical
      2. Synthomer
      3. LG Chem
      4. Zeon Chemicals
      5. Apcotex Industries Limited
      6. Nantex Industry Co., Ltd.
      7. ARLANXEO
      8. Jubilant Agri and Consumer Products Limited
      9. Bangkok Synthetics Co., Ltd.
      10. Shin Foong Specialty and Applied Material Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market