The ‘Global Nitrile Gloves Market Size, Price, Share, Outlook, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global nitrile gloves market, assessing the market on the basis of its segments like types, products, end-uses, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): Around USD 8.19 Billion
• Forecast CAGR (2023-2028): 7.40%
• Forecast Market Size (2028): Nearly USD 12.6 Billion
Nitrile gloves are widely used as alternatives to their latex counterparts as they are puncture resistance, flexible, and durable. They provide pathogen protection and can be comfortability worn for an extended period of time, due to which they are extensively utilised in healthcare settings.
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In addition to this, rising hygiene and safety consciousness, surging healthcare spending by governments, and increasing concerns regarding hospital-acquired infections are bolstering the demand for nitrile gloves in the healthcare sector.
There is a growing preference for powder-free nitrile gloves as they do not cause skin allergies or irritation. Such gloves are also odour-free, anti-static, and solvent resistance, which is boosting their usage in the food and beverage sector. Moreover, the rising focus to enhance worker safety and the increasing mandates of personal protective equipment in various end-use sectors are driving the nitrile gloves market demand.
Nitrile Gloves Industry Definition and Major Segments
Nitrile gloves refer to gloves that are made from synthetic, chemical-resistant, and puncture-resistant materials. They are widely preferred as alternatives to latex gloves and offer various benefits such as enhanced durability, tear and puncture resistance, and superior hand protection qualities. Such gloves find wide usage in the medical, automotive, and industrial sectors.
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The market, on the basis of type, is categorised into:
• Powder Free
Based on product, the market is divided into:
The various end-uses of the product are:
• Medical and Healthcare
• Oil and Gas
• Food and Beverage
• Metal and Machinery
• Chemical and Petrochemical
The major regions in the nitrile gloves market include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Nitrile Gloves Market Trends
In the automotive sector, mechanics use nitrile gloves to protect themselves against chemicals and oil and grease. The durability, water-resistant properties, versatility, and affordability of such gloves also make them a popular choice in the automotive sector.
The nitrile gloves market growth can be attributed to the rising awareness regarding the harmful health effects of chemicals, transmission fluids, and other materials used in the automotive, oil and gas, and machinery and metals sectors.
The surging eco-consciousness is prompting manufacturers to invest in sustainable production methods and reduce the environmental impact of nitrile glove production. Furthermore, the development of sustainable and puncture-resistant nitrile gloves that can reduce energy and water usage while meeting stringent industrial safety requirements is anticipated to aid the market in the coming years.
Key Market Players
The major players in the nitrile gloves market report are
• Ansell Ltd
• Hartalega Holdings Berhad
• Hospeco Brands Group
• Superior Glove Works Ltd.
• Supermax Corporation Berhad
• Cardinal Health
• Globus Group
• Unigloves (UK) Limited.
• Ammex Corporation
• Innovative Gloves Co., Ltd.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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