Nitrile gloves are disposable gloves that act as a protective covering for hands. They are made up of nitrile which provides elasticity, strength, protection, durability and stretchability. Nitrile gloves are powder-free and latex-free which makes them a suitable choice for those who have latex allergies. They offer high chemical resistance, puncture resistance and are flexible. The growing concern regarding health and safety at workplaces along with rising healthcare expenditures have boosted the demand for nitrile gloves.
The Global nitrile gloves market is estimated to be valued at US$ 8.92 Bn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the nitrile gloves are Cardinal Health, Medline Industries, Inc., Ansell Ltd, Top Glove Corporation Bhd, Hartalega Holdings Berhad, Kossan Rubber Industries Bhd, Supermax Corporation Berhad, Superior Gloves, MCR Safety, Adenna LLC, Ammex Corporation, Unigloves (UK) Limited, Globus (Shetland) Ltd., Atlantic Safety Products, Inc., MAPA Professional. The key players are focusing on capacity expansion and new product launches to gain competitive advantage in the market. The growth in COVID-19 pandemic has highlighted the importance of personal protection equipment including Nitrile Gloves Market Size across various industries. Rising awareness regarding health and safety is expected to drive the demand for nitrile gloves from industries like oil & gas, automotive, food processing and healthcare. The key players are focusing on expanding their geographical reach in emerging markets of Asia Pacific, Latin America, and Middle East & Africa. Regions like China, India, Brazil are expected to provide lucrative opportunities for manufacturers owing to rising industrialization and healthcare infrastructure development. Market Drivers: - Growing healthcare industry worldwide along with rising prevalence of chronic and infectious diseases is a key driver leading to increased consumption of nitrile gloves across various medical applications like surgeries and examinations. - Stringent worker safety regulations across industries like oil & gas, automotive, food processing have boosted the adoption of nitrile gloves for avoiding hazards involving chemicals, oils, greases, etc. Market Restrain: - Volatility in raw material prices drastically impacts the manufacturing cost of nitrile gloves. Fluctuations in prices of chemicals such as acrylonitrile can restrain the market growth. - Concerns regarding proper latex glove disposal methods impact the environment negatively. However, alternatives such as nitrile gloves help overcome such challenges but their higher costs act as a restraint for widespread adoption. Segment Analysis The nitrile gloves market is dominated by the examination gloves sub segment, accounting for over 65% of total market share. This is because nitrile examination gloves are extensively used in the healthcare industry for various medical examinations and surgical procedures owing to their high strength, durability and chemical resistance. These gloves protect healthcare workers and patients from transmission of pathogens during examinations and surgeries. The cleanroom gloves sub segment is the fastest growing segment, expanding at over 11% CAGR during the forecast period. This is due to rising use of nitrile cleanroom gloves across industries like semiconductor manufacturing, pharmaceuticals and medical devices industries where purity and minimal particulate generation are key requirements. Global Analysis The North America region currently dominates the nitrile gloves market with over 40% share, driven by stringent regulatory standards regarding safety and increasing healthcare expenditure in countries like United States. Asia Pacific region is poised to be the fastest growing market, expanding at a CAGR of 12% during the forecast period. This is attributed to rising healthcare infrastructure, growing manufacturing industries and increasing awareness regarding employee safety across industries in emerging economies of China and India. Within APAC, China accounts for the largest market share currently while India is projected to surpass China to become the top consumer of nitrile gloves globally by 2031. All other regions including Europe, Latin America and Middle East & Africa are also expected to witness steady growth over the forecast period. Get more insights on – Nitrile Gloves Market About Author: Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
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