nitrile butadiene rubber Pricing Assessment

Markets Covered:

Korea

Japan

India

China

Indonesia

France

United States

Nitrile Butadiene Rubber Price Trend, Analysis and Forecast

In Q1 2024, the price trend of Nitrile Butadiene Rubber (NBR) in the APAC region experienced a positive trajectory due to several factors. A strong rebound in industrial activities, particularly in the automotive and construction sectors, drove demand for NBR, which is widely used in hoses, seals, and gaskets. Additionally, supply constraints from key producers, coupled with rising raw material costs such as butadiene and acrylonitrile, contributed to the price increase. The ongoing economic recovery and expanding end-use industries also supported higher NBR prices in the region. In contrast, the European NBR market witnessed a more stable downward trend due to a slowdown in demand, high inventory levels, and easing raw material prices, resulting in less pressure on market prices across the region.

In Q2 2024, the European Nitrile Butadiene Rubber (NBR) market saw a positive price trend, primarily fuelled by rising raw material costs, including butadiene and acrylonitrile, which experienced price hikes due to supply constraints and increased global demand. Additionally, inflationary pressures across Europe further escalated production costs, pushing NBR prices upward. The automotive and industrial sectors, key consumers of NBR, also saw moderate recovery in demand, contributing to the price increase despite ongoing economic uncertainties in the region. Whereas the APAC region experienced a stable yet decreased price trend, with sufficient supply and lower feedstock costs, alongside stable demand from key industries like automotive and industrial manufacturing.

By early Q3 2024, the Nitrile Butadiene Rubber (NBR) market experienced a bullish trend with around 1990 USDMT FOB Busan prices, due to limited stock and increased demand in the domestic as well as from international market.

Looking ahead to Q4 2024, Nitrile Butadiene Rubber (NBR) prices are expected to decline due to seasonal demand reductions, particularly in colder regions where harsh weather slows down key industries like automotive and construction. This seasonal drop may result in oversupply, causing prices to dip. A recovery in NBR prices is expected in warmer months, as demand from these sectors typically rebounds.

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is your trusted resource for tracking global nitrile butadiene rubber price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the nitrile butadiene rubber market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence nitrile butadiene rubber prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely nitrile butadiene rubber market data.

Track 's nitrile butadiene rubber price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in nitrile butadiene rubber prices

Global Logistics and Shipping Crisis (2021-Present): The global logistics and shipping crisis has severely impacted the Nitrile Butadiene Rubber (NBR) market, leading to supply chain disruptions and increased costs. Delays in the transport of key raw materials, such as butadiene and acrylonitrile, have reduced production rates and caused plant shutdowns. Rising freight costs from container shortages and higher fuel prices have also made NBR more expensive for industries like automotive and construction. Supply chain volatility has caused stock shortages, complicating manufacturers’ ability to meet demand. Regions like Europe, reliant on imports, have been more affected, while Asia has seen relatively better stability.

Global Energy Crisis (2021-2023): The 2021-2023 energy crisis significantly impacted Nitrile Butadiene Rubber (NBR) production, leading to supply constraints and price increases. Rising energy costs, driven by disruptions in natural gas supplies, higher oil prices, and supply chain issues, escalated operating expenses for NBR producers, particularly in Asia and Europe. This led to reduced production rates and even plant shutdowns, tightening global supply and pushing prices higher. Transportation costs also surged, further exacerbating the situation. The crisis prompted NBR producers to explore energy-efficient technologies and diversify energy sources to reduce future risks, while price volatility and supply instability affected downstream industries like automotive and construction.

COVID-19 Pandemic (2020-2022): The COVID-19 pandemic caused widespread production halts as lockdowns forced manufacturing plants to close, delaying new vehicle releases and disrupting parts supply. Global supply chains, dependent on just-in-time manufacturing, faced severe disruptions, with critical component shortages like semiconductors leading to delays and cost increases. Consumer demand also plummeted due to economic uncertainty and lockdowns, further impacted by car dealership closures. A shift towards private vehicles and electric vehicles (EVs) emerged, driven by health concerns and online sales trends. Though the industry began to recover by late 2020, semiconductor shortages slowed the recovery, with Asia-Pacific rebounding faster than other regions.

Methodology and Specifications

nitrile butadiene rubber Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Nitrile Butadiene Rubber production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Nitrile Butadiene Rubber (NBR) supply chain, from raw material availability (e.g., butadiene and acrylonitrile) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Nitrile Butadiene Rubber (NBR) prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Nitrile Butadiene Rubber (NBR) production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in Nitrile Butadiene Rubber (NBR) demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Nitrile Butadiene Rubber (NBR) production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Nitrile Butadiene Rubber (NBR) production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Nitrile Butadiene Rubber (NBR) pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Nitrile Butadiene Rubber prices (NBR), incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Nitrile Butadiene Rubber (NBR) pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

100,000 to 1,000,000

CAS No

9003-18-3

HS Code

400259

Molecular Formula

(C₃H₃N)x(C₄H₆)y

nitrile butadiene rubber

Nitrile Butadiene Rubber (NBR) is a synthetic rubber with excellent resistance to oils, fuels, and chemicals, widely used in automotive, industrial, and healthcare applications. It is produced through the emulsion polymerization of butadiene and acrylonitrile, resulting in a versatile material for seals, gaskets, hoses, and gloves.

Packaging Type

35 Kg Bag

Grades Covered

N/A

Incoterms Used

FOB Busan, FOB Tokyo, FOB Le Havre, CIF Shanghai (South Korea), CIF Jakarta (South Korea), CIF Jakarta (Japan), CIF Nhava Sheva (South Korea), Ex-Mumbai, CIF Houston (France) and CIF Houston (Japan)

Synonym

NBR, Acrylonitrile-butadiene Rubber and Nitrile Rubber 

Quotation Terms:

25-28 MT/ 15-20 MT (India/Japan/France)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property	Specification
Mooney Viscosity ML (1+4) 100 °C	30-70 MU
Bound Acrylonitrile	33.5-39 wt%
Specific Gravity	0.97-0.98 g/cc
Tensile Strength	17.8-22.1 MPa
Elongation at break	440-470%
Volatile Matter	0.7-0.8 wt%

Applications

Nitrile Butadiene Rubber (NBR) is widely used across industries due to its excellent resistance to oils, fuels, and chemicals. Key applications include automotive seals, gaskets, and hoses; industrial gloves and conveyor belts; oil and gas equipment components; medical gloves; and aerospace fuel system parts. Its durability and flexibility make it essential in various demanding environments.

Disclaimer

Nitrile Butadiene Rubber price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for nitrile butadiene rubber. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of Nitrile Butadiene Rubber (NBR)? +

The pricing of NBR is influenced by various factors, primarily the cost of raw materials such as butadiene and acrylonitrile, which are petrochemical derivatives. Fluctuations in crude oil prices have a direct impact on the prices of these raw materials. Other factors include global supply-demand dynamics, production capacity, transportation costs, and geopolitical events that can disrupt supply chains. Additionally, market demand from key industries like automotive, healthcare, and oil & gas plays a significant role in NBR price movements.

How do raw material price fluctuations impact Nitrile Butadiene Rubber (NBR) pricing? +

Raw material price fluctuations, especially in butadiene and acrylonitrile, have a direct impact on NBR pricing. Since these raw materials are derived from crude oil, any volatility in oil markets can lead to significant changes in NBR production costs. Shortages or increased demand for butadiene or acrylonitrile can push NBR prices higher, while an oversupply or drop in raw material costs can lower prices. Keeping track of raw material trends is crucial for procurement heads to optimize purchasing strategies.

What is the current price trend for Nitrile Butadiene Rubber (NBR), and how can procurement heads optimize their buying strategies? +

Recent trends show that NBR prices have been volatile due to fluctuating raw material costs and disruptions in the global supply chain. Procurement heads can optimize their buying strategies by closely monitoring price forecasts, securing long-term contracts when prices are favourable, and diversifying suppliers to mitigate the risk of supply shortages. Additionally, staying informed about geopolitical factors and global demand trends is critical to making well-timed purchasing decisions and managing procurement costs effectively.