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Home > News > Synthetic Nitrile O Ring Rubber Market

Synthetic Nitrile O Ring Rubber Market

2020-02-14

Rising environmental concern due to the production and application of the synthetic rubber may hinder the synthetic rubber market during the forecast period. There is a huge amount of carbon dioxide emitted that increase the greenhouse gases, impacting the ozone layer and increase global warming eventually. There are several types of pollution caused while the production as the plastic waste has to be dumped on the land causing land pollution. Owing to disadvantages such as toxic smoke generation when burned, incompatibility with solvents and many more, the use of synthetic rubber in industries may get affected which ultimately hinders the market growth in the forecast period.

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Growing application of hydrogenated nitrile-butadiene rubber (HNBR) in the emerging economies is propelling the market growth. Moreover, China contributes significantly to the market due to rapid industrialization and government policy to promote rubber production raises the demand for synthetic rubber in the country. Additionally, growing demand for synthetic rubber in the footwear industry is contributing to the growth of the market in the region.

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