Product Code: ETC334825 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Nitrile Butadiene Rubber Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 4.25% in 2025, the growth rate steadily ascends to 17.55% in 2029.
Thailand's Nitrile Butadiene Rubber market is anticipated to experience a growing growth rate of 6.87% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Nitrile Butadiene Rubber (NBR) is a synthetic rubber with a wide range of industrial applications, including automotive, oil and gas, and medical gloves. Thailand`s Nitrile Butadiene Rubber Market is a key player in the global rubber industry, producing high-quality NBR products to meet domestic and international demand.
The Thailand Nitrile Butadiene Rubber (NBR) market experiences strong growth due to several factors. Nitrile rubber is a versatile synthetic material used in various industries, including automotive, healthcare, and manufacturing. The automotive sector, in particular, is a significant driver, as NBR is widely used in automotive seals, gaskets, and hoses due to its resistance to oil and chemicals. The increasing production of automobiles, both domestically and for export, fuels the demand for NBR. Moreover, the healthcare sector`s growing use of nitrile gloves, which are preferred for their puncture resistance and latex-free nature, contributes to the market`s expansion. NBR`s applications in industrial machinery and equipment also play a role in driving market growth.
The Thailand Nitrile Butadiene Rubber Market is impacted by price fluctuations of raw materials and competition from synthetic alternatives. The cost of butadiene and other raw materials can fluctuate, affecting production costs and profitability. Staying competitive and adapting to changing market dynamics is a key challenge for manufacturers in this sector.
The nitrile butadiene rubber (NBR) market in Thailand, which supplies industries such as healthcare, automotive, and manufacturing, experienced mixed effects during the COVID-19 pandemic. While the automotive sector initially faced challenges, the demand for NBR gloves and other personal protective equipment surged. This led to a shift in production priorities and investments in NBR glove manufacturing facilities. The market also focused on ensuring product quality and compliance with international standards to meet the global demand for NBR-based medical and industrial products.
The Thailand Nitrile Butadiene Rubber market is highly competitive and features several key players. Leading companies in this market include Thai Rubber Latex Corporation, Sri Trang Agro-Industry Public Company Limited, Southland Rubber Co., Ltd., and Synthomer Thailand Limited. These companies are at the forefront of Nitrile Butadiene Rubber production and distribution in Thailand, catering to both domestic and international demands.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Nitrile Butadiene Rubber Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Nitrile Butadiene Rubber Market - Industry Life Cycle |
3.4 Thailand Nitrile Butadiene Rubber Market - Porter's Five Forces |
3.5 Thailand Nitrile Butadiene Rubber Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Nitrile Butadiene Rubber Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Thailand Nitrile Butadiene Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for nitrile rubber in various industries such as automotive, healthcare, and industrial applications |
4.2.2 Growing awareness about the benefits of nitrile rubber over other types of rubber due to its chemical and heat resistance properties |
4.2.3 Rising investments in research and development activities to enhance the quality and performance of nitrile butadiene rubber |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of nitrile butadiene rubber |
4.3.2 Intense competition from other types of synthetic rubbers and natural rubber |
4.3.3 Environmental regulations and sustainability concerns impacting the production processes of nitrile rubber |
5 Thailand Nitrile Butadiene Rubber Market Trends |
6 Thailand Nitrile Butadiene Rubber Market, By Types |
6.1 Thailand Nitrile Butadiene Rubber Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Hoses, 2021-2031F |
6.1.4 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Belts, 2021-2031F |
6.1.5 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Cables, 2021-2031F |
6.1.6 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Molded & Extruded Products, 2021-2031F |
6.1.7 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Seals & O-rings, 2021-2031F |
6.1.8 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Rubber Compounds, 2021-2031F |
6.1.9 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Gloves, 2021-2031F |
6.1.10 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Gloves, 2021-2031F |
6.2 Thailand Nitrile Butadiene Rubber Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Mechanical Engineering, 2021-2031F |
6.2.4 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Metallurgy & Mining, 2021-2031F |
6.2.6 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Construction, 2021-2031F |
6.2.7 Thailand Nitrile Butadiene Rubber Market Revenues & Volume, By Medical, 2021-2031F |
7 Thailand Nitrile Butadiene Rubber Market Import-Export Trade Statistics |
7.1 Thailand Nitrile Butadiene Rubber Market Export to Major Countries |
7.2 Thailand Nitrile Butadiene Rubber Market Imports from Major Countries |
8 Thailand Nitrile Butadiene Rubber Market Key Performance Indicators |
8.1 Percentage increase in research and development expenditure dedicated to nitrile rubber innovations |
8.2 Number of new applications or industries adopting nitrile rubber products |
8.3 Growth in the number of patents filed for nitrile butadiene rubber technologies |
8.4 Improvement in production efficiency and waste reduction metrics in nitrile rubber manufacturing processes |
9 Thailand Nitrile Butadiene Rubber Market - Opportunity Assessment |
9.1 Thailand Nitrile Butadiene Rubber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Nitrile Butadiene Rubber Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Thailand Nitrile Butadiene Rubber Market - Competitive Landscape |
10.1 Thailand Nitrile Butadiene Rubber Market Revenue Share, By Companies, 2024 |
10.2 Thailand Nitrile Butadiene Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |