Global Nitrile gloves Market - 2019-2026


Posted May 6, 2021 by Aishwarya99

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The global Nitrile gloves market size was valued at USD XX billion in 2018 and is anticipated to expand at a CAGR of XX % from 2019 to 2026. Nitrile Gloves are made up of rubber and are a perfect alternative to latex or vinyl gloves. Growing latex allergy issues among workers in healthcare and other end-user industries are significantly driving the demand for latex-free nitrile gloves. Increasing R&D investment by market players to supply diverse product portfolio as per the need of every end-use sector is another factor that bolsters the expansion of worldwide nitrile gloves market.
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Stringent regulations regarding the utilization of gloves across different end-use sectors for workers safety and maintaining hygiene also boosts the demand for nitrile gloves as compared thereto of latex and vinyl gloves.Source: Secondary Databases, Primary Interviews and 99-Reports AnalysisGlobal Nitrile gloves Industry Dynamics Growing awareness concerning well-being and hygiene amongst medical professionals and patients is estimated to spice up the market growth. However, the danger of price rivalry from local producers is predicted to limit the expansion of the market. Prospects in untapped markets that have high potential due to the continued development of healthcare infrastructure increase in occurrences of chronic diseases, and therefore the requirement for surgical interventions would further fuel the demand for nitrile gloves within the forecast period.
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Global Nitrile gloves Market - Key Segment -
Global Nitrile gloves Market
By Material -
• Natural Rubber
• Nitrile
• Neoprene
• Polyethylene
• Global Nitrile gloves Market
• By Application -
• Medical
• Non-medical
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Global Nitrile gloves Market – Geographical Analysis By geography, the global Nitrile gloves Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).Europe was the most important regional segment, accounting for over 28.8% of the entire market revenue in 2019 and is predicted to witness moderate growth over the forecast period. An increasing number of occupational injuries including growing requirements for highly effective protective gloves in majority of core industries like food and beverage, oil and gas, automotive, and chemical is predicted to reinforce the regional product demand.Asia Pacific is predicted to extend due to expanding healthcare infrastructure including hospitals and clinics including an increasing number of individuals choosing home care facilities and rising medical tourism within the region. Additionally, the rapid spread of coronavirus across various countries including India, Japan, and Indonesia is further anticipated to reinforce the regional demand.
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Some of the key leaders companies in the market include -
• Top Glove Corporation Bhd
• Hartalega Holdings Berhad
• Kossan Nitrile Industries Bhd
• Supermax Corporation Berhad
• and Latexx Partners Berhad among others.

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Issued By Aishwarya Jawlekar
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Last Updated May 6, 2021