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    Nitrile Gloves Market | Covid-19 Impact Analysis

    Nitrile Gloves Market | Covid-19 Impact Analysis

    Nitrile Gloves Market | Covid-19 Impact Analysis
    Report code - SRAM506 Delivery - 2 Weeks
    Nitrile Gloves Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2 See more...
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    Impact of COVID-19 on Nitrile Gloves Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Nitrile Gloves Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Nitrile Gloves Market Insights

    Nitrile Gloves market is likely to witness a CAGR of 14.7% during the forecast period. The prime factors that are driving the nitrile gloves market are rising awareness in the healthcare industry, outbreak of Covid-19, and better performance than latex gloves.

    Nitrile Gloves Market – Snapshot

    Growth

    14.7% for the next five years

    Major Type

    Powder-Free

    Dominant Product Type

    Disposable

    Region with the highest demand

    North America

    Key Players

    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

     

    Market Share Analysis

    Nitrile-Gloves-Market-Dominant-Segments

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    Nitrile Gloves Market Share: By Type

    Based on the type, the market is segmented as powdered and powder-free. The power-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.

    Nitrile Gloves Market Share: By Product Type

    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. 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.

    Nitrile Gloves Market Share: By End-Use Industry Type

    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.

    Nitrile Gloves Market Share: By Region

    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.

    Nitrile-Gloves-Market-By-Region

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

    • 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

     

    Market Scope & Segmentation

    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.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Nitrile Gloves Market Research Report – Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The nitrile gloves market is segmented into the following categories. 

    Nitrile Gloves Market Size, Share, & Forecast, by Type:

    • Powdered (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Powder-Free (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Nitrile Gloves Market Size, Share, & Forecast, by Product Type:

    • Disposable (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Durable (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Nitrile Gloves Market Size, Share, & Forecast, by End-Use Industry Type:

    • Medical & Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal & Machinery (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemical & Petrochemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cleanroom (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Nitrile Gloves Market Size, Share, & Forecast, 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 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 the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    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. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report 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)

    Market Segmentation

    • Current market segmentation of any one of the product types by end-use industry type.

    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 at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Nitrile Gloves Market in the foreseeable future?

    The nitrile gloves market is expected to witness an impressive growth of 14.7% CAGR in the foreseeable future.

    Who are the key players in the Nitrile Gloves Market?

    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 nitrile gloves market.

    Which country/region is expected to be the largest Nitrile Gloves Market?

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

    Which end-use industry is expected to maintain its leading position in the Nitrile Gloves Market?

    The medical & healthcare segment is expected to maintain its leading position in the nitrile gloves market in the coming years.

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