The global nitrile gloves market is expected to reach USD 3.37 billion by 2027, according to a new report by Reports and Data. The report focuses on the recent market trends and end-use application of nitrile gloves. A growth in occurrence of epidemic diseases and a subsequent demand for infection prevention and control utilities would drive the market demand in the upcoming years.
Nitrile gloves are primarily used across medical sector, as a safety tool to prevent spreading of infection between caretakers and patients. The benefits offered by nitrile gloves comprise superior strength, longevity, and better protection against blood borne pathogens. Further, nitrile gloves being latex-free, it becomes preferable of choice for medical professionals to cure allergic cases.
Rise in awareness pertaining to wellbeing and hygiene amongst medical professionals and patients is estimated to stimulate the market growth. However, likely risk of price rivalry from local producers limits the growth of the market. Prospects in untapped markets that have high potential owing to developing healthcare infrastructure, growth in occurrences of chronic diseases and requirement for surgical interventions would further create a rise in demand for nitrile gloves in the forecast period.
Asia pacific market is estimated to witness fastest growth rate of 6.5% in the nitrile gloves market. This can be chiefly attributed to the growth in healthcare sector and food processing industry in the countries in this region, especially China, India and South Korea.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
Ansell, Hartalega Holdings Berhad, Dynarex Corporation, United Glove Inc., Kossan Rubber Industries Ltd., Supermax Corporation Berhad, Rubberex, Adventa Berhad, Kimberly Clark and 3M among others.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
On basis of product types and application offered by the Nitrile Gloves industry, the market is segmented into:
Type Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
- Powder Free
Component Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
Texture Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
- Aggressively Textured
Grade Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
- Industrial Grade
- Medical Grade
- Exam Grade
Product Finish Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
- Polymer Coated
- No Finish
End-user Outlook (Volume, Thousand Units; 2017-2027 and Revenue, USD Million; 2017-2027)
- Oil & Gas
- Food Processing
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Nitrile Gloves market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
The regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Benefits of Nitrile Gloves Market Report:
- Panoramic overview of the opportunities and risks in the Nitrile Gloves sector
- Study of recent innovations and developments in the industry
- Comprehensive study of the growth pattern of the Nitrile Gloves industry
- In-depth assessment of the competitive landscape of the key players of the Nitrile Gloves industry
- Analysis of the Nitrile Gloves market drivers, constraints, and opportunities
- Assessment of technological developments and latest trends of the industry
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