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
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.
According to UnivDatos research report “Nitrile Gloves Market is expected to witness a CAGR growth of around 11% during the forecast period 2021-2027. This can be mainly attributed to an increase in government
funding coupled with the rising number of research and development projects by the key stakeholder to launch new and advanced products.
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 material, 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. For instance, according to the American Veterinary Medical Association
(AVMA), a total of 113,394 veterinary practitioners were present in the U.S. as
of 2018 compared to 110,531 in 2017. An increase in the number of veterinary hospitals and
clinics is further driving the market growth.
Access sample report (including graphs, charts, and figures): https://univdatos.com/reports/nitrile-gloves-market?popup=report-enquiry
Based on end-user, 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. For instance, in 2022, data published by the American Hospital Association
(AHA), the total number of hospitals is 6,093 in the United States
North America to witness extensive growth
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.
According to UnivDatos, the key
players with a considerable market share in the nitrile gloves market are 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. along with partnerships have been undertaken by these players to boost their presence in different regions.
Click here to view the Report Description & TOC: https://univdatos.com/reports/nitrile-gloves-market
“Nitrile
Gloves Market” provides comprehensive qualitative and quantitative
insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities
available for the market players. Moreover, the report also encompasses the key
strategic imperatives for success for competitors along with strategic
factorial indexing measuring competitors’ capabilities on different parameters. This will help
companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
Market Segmentation:
By Type (Powdered and Non-Powdered)
By Product (Disposable and Durable)
By End-Use (Medical & Healthcare, Automotive, Food & Beverage,
Chemical & Petrochemical, and Others)
By Company (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.)
Key questions answered in the study:
What are the
current and future trends of the nitrile gloves market industry?
How the industry has been evolving in
terms of purity and application?
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
What are the
key growth drivers and challenges for the nitrile gloves market industry?
What is the customer orientation, purchase behavior, and
expectations from the nitrile gloves market suppliers across various region and countries?
Contact Us:
UnivDatos
Email: contact@univdatos.com
Contact no: +1 978 7330253
Website: www.univdatos.com
