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    Nitrile Gloves Market Analysis

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

    Market Insights

    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.

    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 prime factors that are driving the nitrile gloves market are rising awareness in the healthcare industry, an outbreak of COVID-19, and better performance than latex gloves.

    Nitrile-Gloves-Market-Size

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    Segment Analysis

    Based on Type

    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

    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

    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 Analysis

    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-

    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 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.

    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)

    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 in 2028.

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

    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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