Specialty Nitriles Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The market is segmented by Manufacturing Process (Ammoxidation and Hydrocyanation), Types (Nitrile Butadiene Rubber, Hydrogenated Nitrile Butadiene Rubber, and Others), Application (Protective Gloves, Automotive Components, Electronic Components, Adhesives & Sealants, Oilfield Applications, and Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Specialty Nitriles Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Specialty Nitriles Market Size

Specialty Nitriles Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Specialty Nitriles Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Specialty Nitriles Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Specialty Nitriles Market Analysis

The Specialty Nitriles Market is expected to register a CAGR of greater than 4% during the forecast period.

However, the health hazards due to cyanide poisoning results from inhaling cyanides or ingesting cyanides are likely to hinder the growth of the studied market. Moreover, unfavorable conditions arising due to the COVID-19 outbreak is also expected to hamper the market growth.

Achieving a wide diversity of amides and organic acid from the enzymatic hydrolysis of nitriles are likely to provide opportunities for the specialty nitriles market over the next five years.

Asia-Pacific region dominates the specialty nitriles market, owing to the soaring consumption of specialty nitriles in adhesive, pharmaceutical and automotive segment from countries, such as China, India and Vietnam.

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region stands to be the largest and fastest-growing market for specialty nitriles. Factors, such as increasing utilization in pharmaceutical, adhesives and automotive segment is likely to drive the market growth.
  • Nitrile containing compounds widely used in therapeutic drugs as specialty nitrile can alter the physicochemical and pharmacokinetic properties to improve bioavailability, enhance the selectivity and binding affinity to target proteins by hydrogen bond interactions. Hence with increasing consumption of therapeutic drugs; the demand for specialty nitrile has been increasing in the pharmaceutical industry.
  • Beneficial attributes of specialty nitriles like good resistance to oil, heat, ozone, chemicals give it a secure position in the automobile, adhesives and electronics industry.
  • Asia-Pacific region is considered to be the base for electrical & electronics manufacturing across the globe. Countries like China, India, Japan, South Korea, and Vietnam contribute most to the electronic components manufacturing in the region.
  • Due to its property of sturdiness, it is extensively used in protective gloves used in chemistry laboratories to resist the effect of the chemicals and stringent regulations regarding industrial protective gears, has propel the demand for gloves consequently driving the market growth.
  • Asia-Pacific is the fastest-growing region for protective gloves due to the high production and usage of protective gloves in the healthcare, manufacturing, food & beverage, construction, and transportation industries.
  • Hence, all such market trends are expected to drive the demand for specialty nitriles market in the region during the forecast period.
Specialty Nitriles Market Growth

Specialty Nitriles Industry Overview

The global specialty nitriles market is consolidated in nature with a few major players dominating a significant share of the market demand. Some of the major companies are Ascend Performance Materials, INEOS Group, AlzChem Group AG, Parchem fine & specialty chemicals and Zeon Chemicals L.P. amongst others.

Specialty Nitriles Market Leaders

  1. Ascend Performance Materials

  2. INEOS Group

  3. AlzChem Group AG

  4. Parchem fine & specialty chemicals

  5. Zeon Chemicals L.P.

  6. *Disclaimer: Major Players sorted in no particular order
Ascend Performance Materials, INEOS Group, AlzChem Group AG, Parchem fine & specialty chemicals and Zeon Chemicals L.P.
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Specialty Nitriles Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Applications in Automotive Industry
    • 4.1.2 Others Drivers
  • 4.2 Restraints
    • 4.2.1 Health Hazard related to Nitrile Fumes
    • 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porters Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 Manufacturing Process
    • 5.1.1 Ammoxidation
    • 5.1.2 Hydrocyanation
  • 5.2 Types
    • 5.2.1 Nitrile Butadiene Rubber
    • 5.2.2 Hydrogenated Nitrile Butadiene Rubber
    • 5.2.3 Others
  • 5.3 Application
    • 5.3.1 Protective Gloves
    • 5.3.2 Automotive Components
    • 5.3.3 Electronic Components
    • 5.3.4 Adhesives & Sealants
    • 5.3.5 Oilfield Applications
    • 5.3.6 Others
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AlzChem Group AG
    • 6.4.2 Ascend Performance Materials
    • 6.4.3 Denicso
    • 6.4.4 Duraco
    • 6.4.5 Emerald Performance Materials
    • 6.4.6 INEOS
    • 6.4.7 Marco Rubber & Plastics, LLC.
    • 6.4.8 Parchem fine & specialty chemicals
    • 6.4.9 Speciality Tapes
    • 6.4.10 TIDI Products, LLC.
    • 6.4.11 Zeon Chemicals L.P.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Synthesis of Amides and Organic Acid from Nitriles
  • 7.2 Other Opportunities
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Specialty Nitriles Industry Segmentation

The specialty nitriles market report includes:

Manufacturing Process Ammoxidation
Hydrocyanation
Types Nitrile Butadiene Rubber
Hydrogenated Nitrile Butadiene Rubber
Others
Application Protective Gloves
Automotive Components
Electronic Components
Adhesives & Sealants
Oilfield Applications
Others
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Specialty Nitriles Market Research FAQs

What is the current Specialty Nitriles Market size?

The Specialty Nitriles Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Specialty Nitriles Market?

Ascend Performance Materials, INEOS Group, AlzChem Group AG, Parchem fine & specialty chemicals and Zeon Chemicals L.P. are the major companies operating in the Specialty Nitriles Market.

Which is the fastest growing region in Specialty Nitriles Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Specialty Nitriles Market?

In 2025, the Asia Pacific accounts for the largest market share in Specialty Nitriles Market.

What years does this Specialty Nitriles Market cover?

The report covers the Specialty Nitriles Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Specialty Nitriles Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

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Specialty Nitriles Industry Report

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