Nitrile Gloves Market Report

Nitrile Gloves Market Report

Nitrile Gloves Market Report
Report code - SRAM506 Delivery - 2 Weeks
Nitrile Gloves Market Growth, Size, Share, Trend, Forecast, & Industry Analysis: 2022- See more...

Market Insights

"The global nitrile gloves market is likely to grow from USD 8.97 billion in 2021 to USD 13.22 billion by 2028 at a CAGR of 5.64% during the forecast period of 2022-2028."

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Nitrile gloves are manufactured by utilizing the copolymer NBR which is composed of Acrylonitrile and Butadiene. It is a synthetic option to natural rubber latex gloves which are known to induce allergies. Nitrile gloves can be categorized based on type into powdered and powder-free. Based on the product type into disposable and durable. Based on end-use industries into medical & healthcare, automotive, oil & gas, food & beverage, metal & machinery, chemical & petrochemical, pharmaceutical, cleanroom, and others.

Growth drivers for nitrile gloves include; rising demand in the health and industrial sectors, high sensitivity to latex material, and the global need for efficient protective hand gloves. The following are the trends: there has been a shift from using latex-based gloves to nitrile gloves due to non-allergic and chemical solvent properties as well as having biodegradable nitrile gloves. The market is also affected by the COVID-19 pandemic which has increased demand for nitrile gloves in the healthcare sector.

Segment Analysis

By Type

"The powder-free segment accounted for the largest market share."

Based on the type, the market is segmented as powdered and powder-free. The powder-free segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Increasing demand from healthcare and medical industries owing to increased demand for disposable gloves is the major driving factor for the powder-free segment.

Product Trends

"The disposable segment accounted for the largest market share."

Based on the product type, the nitrile gloves market is segmented as disposable and durable. The disposable segment holds the major share of the pie and is also expected to witness a healthy growth during the forecast period. The outbreak of COVID-19, increasing demand from all the end-use industries, and better performance than latex gloves are the major driving factors of the segment.

End-Use Industry Trends

"The medical & healthcare segment accounted for the largest market share."

Based on the end-use industry type, the nitrile gloves market is segmented as medical & healthcare, automotive, oil & gas, food & beverage, metal & machinery, chemical & petrochemical, pharmaceutical, cleanroom, and others. The medical & healthcare segment holds the major share of the market and is expected to maintain its leading position in the market.

Regional Insights

"North America accounted for the largest market share."

In terms of regions, North America is estimated to be the largest market for nitrile gloves during the forecast period. Developed healthcare and medical industries, increasing elderly population, and growing awareness pertaining to healthcare-acquired infections are the major factors fueling the market growth. Europe and Asia-Pacific are the other major markets and are expected to witness significant growth during the forecast period.

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Key Players

Some of the major players in the nitrile gloves market are:

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth analysis of the Nitrile Gloves Market

How lucrative is the future?

Market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional and country level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

 

The nitrile gloves market is segmented into the following categories:

By Type:

  • Powdered
  • Powder-Free

By Product Type:

  • Disposable
  • Durable

By End-Use Industry Type:

  • Medical & Healthcare
  • Automotive
  • Oil & Gas
  • Food & Beverage
  • Metal & Machinery
  • Chemical & Petrochemical
  • Pharmaceutical
  • Cleanroom
  • Others

By Region:

  • North America (Country Analysis: the USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s nitrile gloves market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

Nitrile gloves are manufactured by utilizing the copolymer NBR which is composed of Acrylonitrile and Butadiene. It is a synthetic option to natural rubber latex gloves which are known to induce allergies. Nitrile gloves can be categorized based on type into powdered and powder-free. Based on the product type into disposable and durable. Based on end-use industries into medical & healthcare, automotive, oil & gas, food & beverage, metal & machinery, chemical & petrochemical, pharmaceutical, cleanroom, and others.

The nitrile gloves market is expected to witness an impressive growth of 5.64% CAGR during 2022-2028.

Top Glove Corporation Bhd; Hartalega Holdings Berhad; Ansell Ltd.; Supermax Corporation Berhad; Kossan Rubber Industries Bhd; Superior Gloves; MCR Safety; Medline Industries, Inc.; Unigloves (UK) Limited are among the key players in the market.

The nitrile gloves market size is expected to reach USD 13.22 billion by 2028.

North America is expected to be the largest market during the next five years.

Growth drivers for nitrile gloves include; rising demand in the health and industrial sectors, high sensitivity to latex material, and the global need for efficient protective hand gloves. The following are the trends: there has been a shift from using latex-based gloves to nitrile gloves due to non-allergic and chemical solvent properties as well as having biodegradable nitrile gloves. The market is also affected by the COVID-19 pandemic which has increased demand for nitrile gloves in the healthcare sector.

The power-free segment is expected to remain dominant in the market during the next five years.

The disposable segment is expected to witness healthy growth in the market in the coming years.

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