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Hydrogenated NBR Market, Global Outlook and Forecast 2025-2032
The global Hydrogenated NBR (HNBR) Market is experiencing steady expansion, with its valuation reaching USD 1.23 billion in 2024. According to comprehensive industry analysis, the market is projected to grow at a compound annual growth rate (CAGR) of 5.3%, reaching approximately USD 1.78 billion by 2032. This growth trajectory is primarily driven by increasing industrial demand for high-performance elastomers that offer superior resistance to heat, oil, and chemicals across multiple sectors.