Nitrile Gloves Market Report, Size, Trends, Growth & Forecast 2032
The Nitrile Gloves Market was valued at approximately USD 3.5 Billion in 2023 and is expected to grow at a robust CAGR of around 9.5% during the forecast period 2024-2032
According to a new report published by UnivDatos the Nitrile Gloves Market is expected to grow at a CAGR of around 11% from 2021-2027. The analysis has been segmented into type (powdered and non-powdered); product (disposable and durable); end-use (medical & healthcare, automotive, food & beverage, chemical & petrochemical, and others); Region/Country.
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The nitrile gloves market report has been aggregated by collecting informative
data on various dynamics such as market drivers, restraints, and
opportunities. This innovative report makes use of several analyses to get a
closer outlook on the nitrile gloves market. The nitrile gloves market report offers a
detailed analysis of the latest industry developments and trending factors in
the market that are influencing the market growth. Furthermore, this statistical market research
repository examines and estimates the nitrile gloves market at the global and regional levels.
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Market Overview
The nitrile gloves market is expected to witness a CAGR of around 11% during the forecast period. Nitrile
gloves are synthetic rubber gloves that are also known as Nitrile
Butadiene Rubber (NBR). These gloves are mainly used by professionals
in both medical and non-medical sectors to prevent healthcare complications
caused by hazardous chemicals and infections. Additionally, these gloves are
also used in different sectors such as Industrial R&D,
Chemical & Petrochemical, and Veterinary. Moreover, in the
healthcare sector, nitrile gloves are worn by surgeons who usually work with
scalpels, surgical tools & instrumentations. For instance, according to the National Center for
Biotechnology Information (NCBI), globally, around 310 million major surgeries
are performed each year.
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COVID-19 Impact
The recent COVID-19 pandemic has disrupted the world and has brought a state
of shock to the global economy. The global pandemic
has impacted the healthcare
industry and has transformed the way healthcare is delivered. However, the COVID-19
pandemic has resulted in an exponential increase in demand for a wide variety
of PPE, including gloves. Disposable nitrile gloves are also often used by
healthcare professionals to prevent contamination. In
addition, due to the COVID-19 pandemic,
government authorities across the world are expected to
heavily invest in healthcare infrastructure and allied
industries supplying consumables to the healthcare industry, which is expected
to have a positive impact on market growth in the coming years.
Based on type, the nitrile gloves market is segmented into powdered and
non-powdered. The non-powdered category is anticipated to witness a significant growth rate during the forecast
period. non-powdered gloves
undergo a process known as chlorination that helps make latex gloves less
form-fitting so that powder is not needed for easy donning and removal.
Moreover, this category is further dominated the market mainly due to the Food and Drug
Administration (FDA), in January 2017 imposed restrictions on the use of
powdered gloves due to serious risks to patients such as post-surgical
adhesions, airway & wound inflammations, and allergic reactions.
Based on product, the nitrile gloves market is segmented into disposable and
durable. The disposable category is supposed to witness a significant growth rate during the forecast. Disposable
nitrile gloves help in reducing the spread of infections and prevent
contamination at medical facilities. Moreover, it is used by veterinary doctors
for diagnosis, medical treatment, and care of animals. These factors are
contributing to the growth of this market during the forecast period.
Based
on end-use, the nitrile gloves market is
categorized into medical & healthcare, automotive, food & beverage,
chemical & petrochemical, and others. The medical & healthcare category captured
a considerable market share and is anticipated to witness a significant growth rate during
the forecast period. This is mainly due to its high use in all
types of surgeries, trauma cases, and treatment of every infectious disease that is performed in hospitals by healthcare professionals. These factors are further propelling the market growth during the
forecast period.
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Have a Look at the Chapters
Nitrile Gloves Market Geographical
Segmentation Includes:
North America (U.S., Canada, Rest of North America)
Europe (Germany, U.K., France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific)
Rest of the World
For a better understanding of the market, the report provides a
detailed analysis of major regions and countries including North America (U.S.,
Canada, Rest of North America); Europe (Germany, U.K.,
France, Spain, Italy, Rest of Europe); Asia-Pacific
(China, India, Japan, South Korea, Rest of Asia-Pacific) and Rest of World. In 2020, North America accounted for a significant
market share. The rising growth of this market in the region is mainly due to the presence of a large number of patients, the
availability of a high number of hospitals & healthcare clinics, and
well-settled healthcare infrastructures in the region. Moreover, the availability of major key players and
manufacturers progressively increases its capacity to meet the growing
global demand for gloves. These factors also
contribute to the growth of this market.
The major players targeting the market include
Ansell
Semperit AG Holding
Medline Industries Inc.
B. Braun Melsungen AG
MRK Healthcare Pvt. Ltd.
Hartalega Holdings Berhad
RFB Latex Limited
Asma Rubber Products Pvt. Ltd.
Kanam Latex Industries Pvt. Ltd.
Top Glove Corporation Bhd.
Competitive Landscape
The degree of competition among prominent global
companies has been elaborated by analyzing several leading key players operating worldwide. The
specialist team of research analysts sheds light on various traits such as
global market competition, market share, most recent industry advancements,
innovative product launches, partnerships, mergers, or acquisitions by leading
companies in the nitrile gloves market. The major players have been analyzed by using research methodologies
for getting insight views on global competition.
Key questions resolved through this
analytical market research report include:
What are the latest trends, new patterns, and
technological advancements in the nitrile gloves market?
Which factors are influencing the nitrile gloves market over the forecast
period?
What are the global challenges, threats, and risks
in the nitrile gloves market?
Which factors are propelling and restraining the nitrile gloves market?
What are the demanding global regions of the nitrile gloves market?
What will be the global market size in the upcoming
What are the crucial market acquisition strategies
and policies applied by global companies?
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Browse Other Related Research
Reports from UnivDatos
Global Nonwoven Disposable Gloves Market
Healthcare Facility Management Market
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